Graphex Group (GRFX) Financial Statements
Price: $1.1
Market Cap: $51.65M
Avg Volume: 33.26K
Market Cap: $51.65M
Avg Volume: 33.26K
Country: HK
Industry: Industrial Materials
Sector: Basic Materials
Industry: Industrial Materials
Sector: Basic Materials
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Graphex Group.
Income Statement
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 | December 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $291.93M | $341.24M | $391.04M | $388.85M | $313.94M | $197.31M | $128.67M | $183.77M | $237.70M | $241.37M |
| Cost of Revenue | $195.11M | $221.28M | $242.69M | $231.83M | $189.79M | $83.16M | $83.67M | $94.01M | $110.64M | $113.11M |
| Gross Profit | $96.82M | $119.96M | $148.34M | $157.02M | $124.15M | $114.15M | $45.00M | $89.76M | $127.07M | $128.26M |
| Gross Profit Ratio | 33.17% | 35.15% | 37.90% | 40.38% | 39.55% | 57.85% | 34.97% | 48.84% | 53.46% | 53.14% |
| Research and Development Expenses | $- | $16.44M | $22.73M | $16.94M | $16.81M | $6.74M | $6.36M | $7.27M | $7.69M | $7.88M |
| General and Administrative Expenses | $161.39M | $155.55M | $187.30M | $156.87M | $142.62M | $97.17M | $81.46M | $85.22M | $82.16M | $69.62M |
| Selling and Marketing Expenses | $5.19M | $5.38M | $10.16M | $13.82M | $27.43M | $33.27M | $12.69M | $8.51M | $7.30M | $8.42M |
| Selling General and Administrative Expenses | $166.59M | $160.28M | $184.26M | $176.34M | $135.00M | $134.95M | $94.15M | $93.73M | $89.45M | $78.04M |
| Other Expenses | $-69.77M | $-3.24M | $-1.82M | $-384.00K | $-2.22M | $-9.60M | $-11.49M | $-2.68M | $-2.40M | $- |
| Operating Expenses | $96.82M | $179.96M | $208.81M | $193.67M | $154.03M | $157.93M | $98.07M | $103.89M | $94.01M | $87.77M |
| Cost and Expenses | $402.42M | $401.24M | $451.50M | $425.50M | $343.82M | $241.09M | $181.75M | $197.90M | $204.64M | $200.88M |
| Interest Income | $1.30M | $1.47M | $1.20M | $1.69M | $3.36M | $5.31M | $1.59M | $3.83M | $784.00K | $590.00K |
| Interest Expense | $23.75M | $45.41M | $59.71M | $51.56M | $27.42M | $9.03M | $268.00K | $48.00K | $457.00K | $25.00K |
| Depreciation and Amortization | $19.95M | $59.96M | $66.95M | $67.61M | $42.98M | $9.96M | $5.54M | $3.90M | $3.06M | $3.02M |
| EBITDA | $-90.53M | $-40.00K | $6.49M | $16.62M | $13.10M | $-12.55M | $-45.69M | $-6.34M | $29.81M | $50.07M |
| EBITDA Ratio | -31.01% | -0.01% | 1.66% | 7.96% | 4.17% | -6.36% | -43.99% | -7.71% | 12.54% | 20.74% |
| Operating Income | $-110.49M | $-60.00M | $-60.46M | $-36.65M | $-29.88M | $-20.80M | $-60.64M | $-16.43M | $26.75M | $47.05M |
| Operating Income Ratio | -37.85% | -17.58% | -15.46% | -9.42% | -9.52% | -10.54% | -47.13% | -8.94% | 11.25% | 19.49% |
| Total Other Income Expenses Net | $-3.79M | $-43.05M | $-49.13M | $-49.16M | $-19.52M | $-28.29M | $4.02M | $941.00K | $7.10M | $-5.97M |
| Income Before Tax | $-114.28M | $-71.72M | $-49.42M | $-102.36M | $-63.73M | $-49.09M | $-51.49M | $-10.29M | $33.84M | $41.08M |
| Income Before Tax Ratio | -39.15% | -21.02% | -12.64% | -26.32% | -20.30% | -24.88% | -40.02% | -5.60% | 14.24% | 17.02% |
| Income Tax Expense | $-2.08M | $-2.32M | $1.25M | $-6.91M | $602.00K | $2.10M | $6.24M | $583.00K | $11.49M | $11.48M |
| Net Income | $-113.17M | $-69.66M | $-53.55M | $-91.70M | $-57.08M | $-36.04M | $-57.31M | $-9.37M | $23.53M | $28.02M |
| Net Income Ratio | -38.77% | -20.41% | -13.69% | -23.58% | -18.18% | -18.27% | -44.54% | -5.10% | 9.90% | 11.61% |
| EPS | $-0.15 | $-0.12 | $-0.11 | $-0.19 | $-0.13 | $-0.09 | $-0.14 | $-0.02 | $0.06 | $0.08 |
| EPS Diluted | $-0.15 | $-0.12 | $-0.11 | $-0.19 | $-0.13 | $-0.08 | $-0.14 | $-0.02 | $0.06 | $0.08 |
| Weighted Average Shares Outstanding | 763.15M | 572.59M | 487.83M | 472.36M | 443.80M | 423.99M | 411.79M | 407.19M | 385.64M | 346.55M |
| Weighted Average Shares Outstanding Diluted | 763.15M | 572.59M | 487.83M | 472.36M | 443.80M | 425.22M | 411.79M | 410.92M | 387.55M | 346.55M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 | December 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $27.19M | $31.47M | $31.46M | $43.92M | $53.88M | $85.99M | $112.44M | $70.08M | $94.81M | $121.53M |
| Short Term Investments | $23.00K | $31.00K | $9.13M | $13.10M | $1.19M | $9.31M | $15.97M | $13.84M | $41.32M | $3.39M |
| Cash and Short Term Investments | $27.21M | $31.50M | $31.46M | $43.92M | $55.08M | $95.30M | $128.41M | $83.93M | $136.13M | $124.92M |
| Net Receivables | $205.57M | $133.65M | $189.74M | $155.66M | $155.50M | $86.76M | $100.97M | $114.43M | $128.62M | $119.04M |
| Inventory | $13.71M | $16.90M | $37.81M | $28.32M | $24.42M | $1.33M | $744.00K | $1 | $1 | $1 |
| Other Current Assets | $- | $16.79M | $18.17M | $40.82M | $47.56M | $11.23M | $13.63M | $2.68M | $38.79M | $3.24M |
| Total Current Assets | $246.50M | $235.12M | $306.49M | $262.51M | $282.56M | $194.61M | $226.32M | $201.21M | $296.30M | $250.27M |
| Property Plant Equipment Net | $28.68M | $38.63M | $74.59M | $92.51M | $92.45M | $16.94M | $10.79M | $5.13M | $5.62M | $5.83M |
| Goodwill | $101.94M | $101.94M | $101.94M | $101.94M | $105.05M | $5.42M | $7.22M | $3.11M | $3.11M | $3.11M |
| Intangible Assets | $461.00M | $614.03M | $710.54M | $741.27M | $770.78M | $36.02M | $49.05M | $3.98M | $5.55M | $4.03M |
| Goodwill and Intangible Assets | $562.94M | $715.97M | $812.48M | $843.21M | $875.84M | $41.44M | $56.27M | $7.09M | $8.67M | $7.14M |
| Long Term Investments | $835.00K | $321.00K | $1.83M | $2.09M | $2.08M | $5.38M | $11.50M | $11.15M | $7.14M | $8.69M |
| Tax Assets | $3.24M | $4.90M | $3.32M | $2.48M | $185.00K | $317.00K | $42.00K | $7.05M | $5.29M | $4.28M |
| Other Non-Current Assets | $5.16M | $-100.26M | $-101.81M | $-98.55M | $-101.58M | $-317.00K | $-42.00K | $-7.05M | $-5.29M | $-12.97M |
| Total Non-Current Assets | $600.84M | $659.56M | $790.42M | $841.73M | $868.97M | $63.76M | $78.56M | $23.37M | $21.43M | $12.97M |
| Other Assets | $- | $- | $- | $- | $- | $55.80M | $4.26M | $9.81M | $6.18M | $6.55M |
| Total Assets | $847.34M | $894.68M | $1.10B | $1.10B | $1.15B | $314.17M | $309.15M | $234.38M | $323.91M | $269.79M |
| Account Payables | $23.19M | $13.40M | $8.88M | $16.14M | $22.25M | $10.88M | $7.39M | $5.10M | $3.62M | $2.86M |
| Short Term Debt | $144.72M | $150.18M | $177.79M | $183.46M | $108.64M | $66.97M | $- | $- | $30.64M | $- |
| Tax Payables | $33.08M | $33.90M | $39.74M | $34.36M | $31.44M | $25.81M | $26.13M | $26.15M | $30.03M | $28.96M |
| Deferred Revenue | $- | $37.41M | $45.26M | $46.23M | $58.47M | $31.97M | $- | $- | $-30.64M | $- |
| Other Current Liabilities | $119.17M | $90.72M | $147.46M | $95.85M | $86.69M | $27.94M | $56.46M | $14.63M | $88.87M | $48.01M |
| Total Current Liabilities | $320.17M | $288.19M | $373.87M | $316.94M | $253.00M | $163.57M | $89.98M | $59.27M | $112.12M | $79.83M |
| Long Term Debt | $88.44M | $158.62M | $387.00M | $436.57M | $487.19M | $40.49M | $63.50M | $- | $299.00K | $- |
| Deferred Revenue Non-Current | $- | $158.62M | $53.23M | $62.20M | $65.06M | $30.81M | $50.03M | $- | $-299.00K | $- |
| Deferred Tax Liabilities Non-Current | $69.09M | $78.02M | $92.41M | $95.70M | $103.70M | $9.69M | $13.47M | $3.28M | $4.59M | $2.20M |
| Other Non-Current Liabilities | $- | $- | $145.02M | $182.20M | $190.20M | $- | $- | $3.92M | $5.00M | $- |
| Total Non-Current Liabilities | $157.54M | $236.64M | $532.03M | $618.77M | $677.39M | $40.49M | $63.50M | $3.92M | $5.30M | $2.20M |
| Other Liabilities | $- | $- | $- | $- | $- | $9.69M | $13.82M | $- | $- | $- |
| Total Liabilities | $477.70M | $524.83M | $905.89M | $935.71M | $930.38M | $213.75M | $167.31M | $63.20M | $117.42M | $82.03M |
| Preferred Stock | $3.24M | $3.24M | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $8.98M | $6.83M | $5.09M | $4.82M | $4.82M | $4.34M | $4.22M | $4.20M | $4.20M | $4.00M |
| Retained Earnings | $- | $-341.84M | $-269.41M | $-215.86M | $-124.16M | $-56.60M | $-15.54M | $41.52M | $77.93M | $74.16M |
| Accumulated Other Comprehensive Income Loss | $357.47M | $39.05M | $98.77M | $40.01M | $-2.51M | $3.15M | $10.47M | $5.56M | $9.00M | $4.66M |
| Other Total Stockholders Equity | $- | $818.17M | $484.08M | $353.25M | $353.24M | $162.15M | $144.26M | $130.34M | $135.69M | $103.17M |
| Total Stockholders Equity | $369.69M | $380.58M | $197.31M | $171.52M | $220.69M | $91.64M | $122.17M | $171.20M | $205.96M | $185.99M |
| Total Equity | $369.64M | $369.84M | $191.01M | $168.53M | $221.15M | $100.42M | $141.84M | $171.19M | $206.49M | $187.77M |
| Total Liabilities and Stockholders Equity | $847.34M | $894.68M | $1.10B | $1.10B | $1.15B | $314.17M | $309.15M | $234.38M | $323.91M | $269.79M |
| Minority Interest | $-49.00K | $-10.74M | $-6.29M | $-2.99M | $456.00K | $8.78M | $19.67M | $-8.00K | $539.00K | $1.78M |
| Total Liabilities and Total Equity | $847.34M | $894.68M | $1.10B | $1.10B | $1.15B | $314.17M | $309.15M | $234.38M | $323.91M | $269.79M |
| Total Investments | $858.00K | $352.00K | $1.83M | $2.09M | $3.28M | $14.69M | $27.47M | $24.99M | $48.47M | $3.39M |
| Total Debt | $233.16M | $308.80M | $530.91M | $620.03M | $595.82M | $107.46M | $63.50M | $- | $30.94M | $- |
| Net Debt | $205.97M | $277.33M | $499.45M | $576.10M | $541.94M | $21.48M | $-48.94M | $-70.08M | $-63.86M | $-121.53M |
Cash Flow Statement
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 | December 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-113.17M | $-69.66M | $-53.55M | $-91.70M | $-57.08M | $-36.04M | $-57.31M | $-9.37M | $23.53M | $28.02M |
| Depreciation and Amortization | $52.76M | $59.96M | $66.95M | $67.61M | $42.98M | $8.24M | $4.03M | $2.26M | $3.06M | $3.02M |
| Deferred Income Tax | $- | $-9.79M | $-7.67M | $-16.95M | $- | $- | $-11.49M | $5.57M | $15.18M | $- |
| Stock Based Compensation | $16.43M | $- | $14.07M | $- | $- | $- | $31.00K | $9.45M | $3.79M | $- |
| Change in Working Capital | $-29.64M | $35.96M | $-56.08M | $-28.76M | $-42.50M | $-18.79M | $11.46M | $-15.02M | $-18.97M | $-9.37M |
| Accounts Receivables | $-69.56M | $5.05M | $-55.59M | $22.58M | $-31.45M | $-17.48M | $12.02M | $-15.02M | $-18.97M | $-9.37M |
| Inventory | $2.97M | $18.40M | $-8.52M | $-2.23M | $180.00K | $-1.31M | $-564.00K | $15.25M | $4.12M | $- |
| Accounts Payables | $10.55M | $5.47M | $-7.56M | $-7.14M | $-39.13M | $3.85M | $823.00K | $2.15M | $883.00K | $1.72M |
| Other Working Capital | $26.40M | $7.04M | $15.59M | $-41.97M | $27.90M | $-3.85M | $-823.00K | $-2.15M | $-883.00K | $-1.72M |
| Other Non Cash Items | $62.46M | $107.11M | $6.89M | $178.09M | $33.75M | $37.42M | $43.84M | $-1.86M | $11.49M | $-2.69M |
| Net Cash Provided by Operating Activities | $-11.16M | $42.38M | $-29.40M | $3.23M | $-22.86M | $-9.16M | $2.05M | $-14.53M | $22.90M | $18.99M |
| Investments in Property Plant and Equipment | $-738.00K | $-822.00K | $-1.75M | $-15.29M | $-5.66M | $-16.70M | $-3.06M | $-2.04M | $-2.63M | $-2.65M |
| Acquisitions Net | $- | $273.00K | $39.00K | $967.00K | $-73.64M | $-49.49M | $-29.61M | $-3.35M | $-8.46M | $96.00K |
| Purchases of Investments | $- | $-17.10M | $-16.44M | $-16.10M | $-69.99M | $-63.92M | $-85.23M | $-34.28M | $-23.86M | $- |
| Sales Maturities of Investments | $- | $15.33M | $20.09M | $19.57M | $62.43M | $72.45M | $82.71M | $58.78M | $32.32M | $- |
| Other Investing Activities | $12.85M | $-86.50M | $-602.00K | $-1.38M | $-10.89M | $-3.02M | $1.37M | $-2.05M | $-10.05M | $-1.31M |
| Net Cash Used for Investing Activities | $12.12M | $-88.82M | $1.33M | $-12.23M | $-97.75M | $-60.67M | $-33.83M | $17.07M | $-45.00M | $-3.87M |
| Debt Repayment | $1.37M | $-36.83M | $25.89M | $-4.36M | $99.13M | $47.03M | $63.50M | $-606.00K | $29.91M | $- |
| Common Stock Issued | $- | $85.91M | $- | $- | $- | $- | $8.17M | $- | $21.00M | $120.00M |
| Common Stock Repurchased | $- | $- | $- | $- | $-1.38M | $-2.65M | $-71.67M | $-4.76M | $-109.00K | $-16.21M |
| Dividends Paid | $- | $- | $- | $- | $- | $- | $-59.00K | $-22.70M | $-19.66M | $-35.00M |
| Other Financing Activities | $-5.62M | $3.30M | $-7.30M | $-5.57M | $-18.98M | $820.00K | $8.25M | $4.11M | $-31.17M | $-26.74M |
| Net Cash Used Provided by Financing Activities | $-4.26M | $52.38M | $18.59M | $-7.35M | $89.36M | $45.20M | $71.69M | $-23.95M | $-27.00K | $42.05M |
| Effect of Forex Changes on Cash | $-983.00K | $-4.71M | $2.01M | $183.00K | $-854.00K | $-2.17M | $2.79M | $-3.31M | $-4.60M | $-10.00K |
| Net Change in Cash | $-4.28M | $7.00K | $-12.46M | $-9.96M | $-32.10M | $-26.81M | $42.71M | $-24.72M | $-26.72M | $57.16M |
| Cash at End of Period | $27.19M | $31.47M | $31.46M | $43.92M | $53.88M | $85.99M | $112.79M | $70.08M | $94.81M | $121.53M |
| Cash at Beginning of Period | $31.47M | $31.46M | $43.92M | $53.88M | $85.99M | $112.79M | $70.08M | $94.81M | $121.53M | $64.36M |
| Operating Cash Flow | $-11.16M | $42.38M | $-29.40M | $3.23M | $-22.86M | $-9.16M | $2.05M | $-14.53M | $22.90M | $18.99M |
| Capital Expenditure | $-738.00K | $-822.00K | $-1.75M | $-15.29M | $-5.66M | $-16.70M | $-3.06M | $-2.04M | $-2.63M | $-2.65M |
| Free Cash Flow | $-11.89M | $41.56M | $-31.15M | $-12.06M | $-28.52M | $-25.86M | $-1.01M | $-16.57M | $20.27M | $16.34M |