GRFX (Graphex Group) Total Assets : $107.47 Mil (As of Jun. 2024)

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What is Graphex Group Total Assets?

Graphex Group's Total Assets for the quarter that ended in Jun. 2024 was $107.47 Mil.

During the past 12 months, Graphex Group's average Total Assets Growth Rate was -4.00% per year. During the past 3 years, the average Total Assets Growth Rate was -8.40% per year. During the past 5 years, the average Total Assets Growth Rate was 17.60% per year. During the past 10 years, the average Total Assets Growth Rate was 26.90% per year.

During the past 12 years, Graphex Group's highest 3-Year average Total Assets Growth Rate was 88.30%. The lowest was -8.40%. And the median was 7.35%.

Total Assets is connected with ROA %. Graphex Group's annualized ROA % for the quarter that ended in Jun. 2024 was -12.83%. Total Assets is also linked to Revenue through Asset Turnover. Graphex Group's Asset Turnover for the quarter that ended in Jun. 2024 was 0.11.

Graphex Group Total Assets Historical Data

The historical data trend for Graphex Group's Total Assets 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.

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Graphex Group Total Assets Chart

Graphex Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Assets

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142.45

137.69

112.36

108.50

104.12

Graphex Group Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Total Assets	Get a 7-Day Free Trial															112.36	112.48	108.50	107.47	104.12

Graphex Group Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Graphex Group's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	47.33	+	61.167
	=	108.50

Graphex Group's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2024 )	+	Total Liabilities (Q: Jun. 2024 )
	=	42.157	+	65.31
	=	107.47

Graphex Group (AMEX:GRFX) Total Assets Explanation

Total Assets is connected with ROA %.

Graphex Group's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %	=	Net Income (Q: Jun. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	-13.854	/	( (108.497	+	107.467)	/ 2 )
	=	-13.854	/	107.982
	=	-12.83 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Graphex Group's Asset Turnover for the quarter that ended in Jun. 2024 is

	Asset Turnover
=	Revenue (Q: Jun. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
=	12.003	/	( (108.497	+	107.467)	/ 2 )
=	12.003	/	107.982
=	0.11

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Graphex Group Total Assets Related Terms

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Graphex Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Graphex Group Ltd (AMEX:GRFX) » Definitions » Total Assets

Traded in Other Exchanges

06128:Hong Kong

Address

262 Gloucester Road, 11th Floor, COFCO Tower, Causeway Bay, Hong Kong, HKG

Website

https://www.graphexgroup.com

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.