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GRFX(Delisted)

Graphex Group·AMEX
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Consecutive Revenue Decline

Key Stats

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About GRFX

Graphex Group Limited

A company that develops technology for renewable energy to optimise scarce natural resources

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11/25/2013
08/17/2022
American Stock Exchange
219
12-31
Depository Receipts (Ordinary Shares)
11/F, COFCO Tower, 262 Gloucester Road, Causeway Bay, Hong Kong
The company's main business is investment holding, while its subsidiaries (collectively referred to as the 'Group ') are mainly engaged in the development and processing of graphene products, especially graphite anode materials for lithium-ion batteries for electric vehicles and other applications.
Alkene Electric Vehicle New Materials Holding Co., Ltd. is an investment holding company mainly engaged in the processing and sales of graphite products. The company operates its business through three business units. The Graphene business segment is engaged in the development, production and sales of spherical graphite and graphene to enhance renewable energy. The division is also engaged in the development, production and sales of key components for electric vehicles and lithium-ion batteries and other uses. The division has business experience in graphite deep processing and production of battery-grade purified spherical graphite. The Landscape Design Services Division provides landscape design services. The catering segment mainly manages and operates restaurants serving Thai cuisine in China and Italy under the brand "Tai Lang". The company's main office is located in Hong Kong, with regional offices in Shanghai and Royal Oak, Michigan, USA.

Company Financials

Revenue & Expenses

GRFX has released its 2023 Q2 earnings report, with revenue of -17.95M, reflecting a YoY change of 20.92%, and net profit of 5.40M, showing a YoY change of 2352.83%. The Sankey diagram below clearly presents GRFX's revenue sources and cost distribution.

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