GRFXF Graphex Group Ltd

Overview and Growth

In fiscal 2022, Graphex Group Ltd recorded $43.75M of revenue, net loss of $12.63M, and an operating cash inflow of $5.46M. The $43.75M revenue base provides substantial context for the company’s earnings, cash generation, and capital requirements. The company employed $112.15M of total assets, the balance-sheet base supporting its current operating and cash-flow results. Revenue equaled 0.39x of total assets, indicating how much reported top-line activity the company produced relative to its period-end asset base.

Profitability

After reported cost of revenue, the company retained $15.38M as gross profit before recognizing operating expenses and other items. Gross profit represented 35.2% of revenue, showing how much of the top line remained after direct costs. Operations produced a $7.53M operating loss before non-operating and tax effects. An operating margin of -17.2% reflected costs exceeding revenue-level gross profit by 17.2% of sales. The bottom-line result was a net loss of $12.63M after operating, financing, tax, and other recognized items. Net margin was -28.9%, reflecting a loss equal to 28.9% of reported revenue. The company reported negative EBITDA of $5.88M, adding a pre-interest, tax, depreciation, and amortization view of the operating shortfall. The pretax result was a loss of $13.05M, establishing the deficit before tax effects. Measured against revenue, the pretax deficit represented 29.8%. The company recognized an income-tax benefit of $421.00K, increasing after-tax earnings relative to the pretax result. The net loss equaled 28.7% of period-end equity, showing the deficit relative to book capital. The loss-to-assets relationship was 11.3%, placing the bottom-line deficit against the company’s resource base.

Liquidity and Capital Structure

At period end, the $112.15M asset base was financed through $68.22M of liabilities and $43.93M of equity. Current assets were $30.14M against $36.69M of current liabilities, framing the resources and obligations classified within the near-term balance-sheet horizon. At 0.82x, current liabilities exceeded current assets and placed pressure on the company’s near-term liquidity position. Cash and equivalents totaled $4.04M, identifying the most liquid reported component available within the broader current-asset balance. Cash and equivalents represented 11.0% of current liabilities, showing the portion of near-term obligations matched by reported cash alone. Book equity represented 39.2% of total assets, quantifying the balance-sheet share supported by shareholder capital. The liabilities-to-assets relationship was 60.8%, placing reported obligations against the full positive asset balance. The cash-to-assets relationship was 3.6%, comparing reported cash and equivalents with the full positive asset balance.

Cash Flow and Earnings Quality

Cash flow from operations was $5.46M, a reported cash inflow that can be compared directly with net income and capital spending. The cash-flow statement records $55.00K of capital expenditures, the investment amount considered after operating cash generation. Capital expenditures represented 1.0% of operating cash flow, leaving the remainder available as free cash flow. The combination of operating cash flow and capital spending produced $5.41M of positive free cash flow for the period. Free cash flow represented 12.4% of revenue, linking post-investment cash generation with the company’s operating scale. Free cash flow equaled 4.8% of total assets, relating post-investment cash generation to the company’s resource base.

Based on the annual report for the fiscal year ending Dec 31, 2022. Analysis generated Oct 21, 2026.