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GRFX (Graphex Group) Return-on-Tangible-Equity : 0.00% (As of Jun. 2024)


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What is Graphex Group Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Graphex Group's annualized net income for the quarter that ended in Jun. 2024 was $-13.85 Mil. Graphex Group's average shareholder tangible equity for the quarter that ended in Jun. 2024 was $-25.72 Mil. Therefore, Graphex Group's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2024 was N/A%.

The historical rank and industry rank for Graphex Group's Return-on-Tangible-Equity or its related term are showing as below:

During the past 11 years, Graphex Group's highest Return-on-Tangible-Equity was 21.31%. The lowest was -62.08%. And the median was -5.18%.

GRFX's Return-on-Tangible-Equity is not ranked *
in the Metals & Mining industry.
Industry Median: -17.28
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Graphex Group Return-on-Tangible-Equity Historical Data

The historical data trend for Graphex Group's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Graphex Group Return-on-Tangible-Equity Chart

Graphex Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
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Graphex Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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Competitive Comparison of Graphex Group's Return-on-Tangible-Equity

For the Other Industrial Metals & Mining subindustry, Graphex Group's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Graphex Group's Return-on-Tangible-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Graphex Group's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Graphex Group's Return-on-Tangible-Equity falls into.



Graphex Group Return-on-Tangible-Equity Calculation

Graphex Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-14.491/( (-30.923+-24.745 )/ 2 )
=-14.491/-27.834
=N/A %

Graphex Group's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=-13.854/( (-24.745+-26.699)/ 2 )
=-13.854/-25.722
=N/A %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Jun. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Graphex Group  (AMEX:GRFX) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Graphex Group Return-on-Tangible-Equity Related Terms

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Graphex Group Business Description

Traded in Other Exchanges
Address
262 Gloucester Road, 11th Floor, COFCO Tower, Causeway Bay, Hong Kong, HKG
Graphex Group Ltd is engaged in the sale of graphene products. It operates in three segments namely, the Graphene Products Segment includes Processing and sale of graphite and graphene-related products; the Landscape Architecture Design Segment includes Providing landscape architecture design; and the catering business focuses on the operation of restaurants. The company derives the majority of its revenue from the sale of graphene products segment.

Graphex Group Headlines

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