Graphex Group Limited (GRFX) - Net Assets
Based on the latest financial reports, Graphex Group Limited (GRFX) has net assets worth $329.25 Million USD as of June 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($839.32 Million) and total liabilities ($510.07 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check how resilient are Graphex Group Limited's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $329.25 Million |
| % of Total Assets | 39.23% |
| Annual Growth Rate | 15.71% |
| 5-Year Change | 67.15% |
| 10-Year Change | 96.86% |
| Growth Volatility | 56.88 |
Graphex Group Limited - Net Assets Trend (2013–2023)
This chart illustrates how Graphex Group Limited's net assets have evolved over time, based on quarterly financial data. Also explore Graphex Group Limited assets under control for the complete picture of this company's asset base.
Annual Net Assets for Graphex Group Limited (2013–2023)
The table below shows the annual net assets of Graphex Group Limited from 2013 to 2023. For live valuation and market cap data, see GRFX company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $369.64 Million | -0.06% |
| 2022-12-31 | $369.84 Million | +93.62% |
| 2021-12-31 | $191.01 Million | +13.34% |
| 2020-12-31 | $168.53 Million | -23.79% |
| 2019-12-31 | $221.15 Million | +120.23% |
| 2018-12-31 | $100.42 Million | -29.21% |
| 2017-12-31 | $141.84 Million | -17.14% |
| 2016-12-31 | $171.19 Million | -17.10% |
| 2015-12-31 | $206.49 Million | +9.97% |
| 2014-12-31 | $187.77 Million | +118.57% |
| 2013-12-31 | $85.91 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Graphex Group Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 657.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $8.98 Million | 2.43% |
| Other Comprehensive Income | $357.47 Million | 96.70% |
| Other Components | $455.47 Million | 123.21% |
| Total Equity | $369.69 Million | 100.00% |
Graphex Group Limited Competitors by Market Cap
The table below lists competitors of Graphex Group Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Raiden Resources Ltd
AU:RDN
|
$7.33 Million |
|
Lupatech S.A
SA:LUPA3
|
$7.33 Million |
|
Johan Holdings Bhd
KLSE:3441
|
$7.33 Million |
|
Mount Burgess Mining NL
AU:MTB
|
$7.33 Million |
|
Top End Energy Ltd
AU:TEE
|
$7.32 Million |
|
Iex Group NV
AS:IEX
|
$7.32 Million |
|
JPMorgan European Growth & Income plc
LSE:JEGI
|
$7.32 Million |
|
JPMorgan Euro Small Companies Trust Plc
LSE:JEDT
|
$7.32 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Graphex Group Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 380,584,000 to 369,687,000, a change of -10,897,000 (-2.9%).
- Net loss of 113,168,000 reduced equity.
- Other comprehensive income increased equity by 318,422,000.
- Other factors decreased equity by 216,151,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-113.17 Million | -30.61% |
| Other Comprehensive Income | $318.42 Million | +86.13% |
| Other Changes | $-216.15 Million | -58.47% |
| Total Change | $- | -2.86% |
Book Value vs Market Value Analysis
This analysis compares Graphex Group Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.04x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | $5.97 | $0.35 | x |
| 2014-12-31 | $10.73 | $0.35 | x |
| 2015-12-31 | $10.63 | $0.35 | x |
| 2016-12-31 | $8.33 | $0.35 | x |
| 2017-12-31 | $5.93 | $0.35 | x |
| 2018-12-31 | $4.31 | $0.35 | x |
| 2019-12-31 | $9.95 | $0.35 | x |
| 2020-12-31 | $7.26 | $0.35 | x |
| 2021-12-31 | $8.09 | $0.35 | x |
| 2022-12-31 | $13.29 | $0.35 | x |
| 2023-12-31 | $9.69 | $0.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Graphex Group Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -30.61%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -38.77%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 2.29x
- Recent ROE (-30.61%) is below the historical average (-16.04%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 44.21% | 17.46% | 1.07x | 2.36x | $29.32 Million |
| 2014 | 15.07% | 11.61% | 0.89x | 1.45x | $9.42 Million |
| 2015 | 11.42% | 9.90% | 0.73x | 1.57x | $2.93 Million |
| 2016 | -5.47% | -5.10% | 0.78x | 1.37x | $-26.48 Million |
| 2017 | -46.91% | -44.54% | 0.42x | 2.53x | $-69.53 Million |
| 2018 | -39.33% | -18.27% | 0.63x | 3.43x | $-45.20 Million |
| 2019 | -25.87% | -18.18% | 0.27x | 5.22x | $-79.15 Million |
| 2020 | -53.46% | -23.58% | 0.35x | 6.44x | $-108.85 Million |
| 2021 | -27.14% | -13.69% | 0.36x | 5.56x | $-73.28 Million |
| 2022 | -18.30% | -20.41% | 0.38x | 2.35x | $-107.72 Million |
| 2023 | -30.61% | -38.77% | 0.34x | 2.29x | $-150.14 Million |
Industry Comparison
This section compares Graphex Group Limited's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $145,950,190
- Average return on equity (ROE) among peers: -60.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Graphex Group Limited (GRFX) | $329.25 Million | 44.21% | 1.55x | $7.32 Million |
| Almonty Industries Inc. Common Shares (ALM) | $48.51 Million | -18.22% | 3.85x | $5.33 Billion |
| REalloys Inc. (ALOY) | $5.39 Million | -64.35% | 0.83x | $577.96 Million |
| Atlas Lithium Corporation Common Stock (ATLX) | $22.01 Million | -191.91% | 1.63x | $121.90 Million |
| China Natural Resources Inc (CHNR) | $546.88 Million | -20.81% | 4.22x | $5.28 Million |
| Compass Minerals International Inc (CMP) | $265.20 Million | -7.96% | 5.23x | $1.17 Billion |
| Critical Metals Corp. Ordinary Shares (CRML) | $91.92 Million | -56.43% | 0.87x | $1.63 Billion |
| Electra Battery Materials Corp (ELBM) | $1.61 Million | -14.93% | 0.11x | $57.11 Million |
| Sayona Mining Limited American Depository Shares (ELVR) | $475.45 Million | -61.90% | 0.37x | $1.47 Billion |
| Evolution Metals & Technologies Corp. Common Stock (EMAT) | $1.34 Million | -67.01% | 8.14x | $4.72 Billion |
| Foremost Lithium Resource & Technology Ltd. Common stock (FMST) | $1.19 Million | -105.93% | 0.33x | $25.40 Million |
About Graphex Group Limited
Graphex Group Limited, together with its subsidiaries, engages in the processing and sale of graphite and graphene products in Mainland China, Hong Kong, and internationally. The company operates through two segments: Graphene Products and Related Businesses, and Other Businesses. It provides spherical graphite to produce Li-Ion battery anodes; coated spherical graphite that is used to form the L… Read more