Graphex Group (GRFX)

Net assets on the balance sheet as of June 2024 : $42.16 Million USD

According to Graphex Group's latest financial reports the company has $42.16 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Graphex Group - Net assets on balance sheet (from 2013 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$$43.85 M	151.83%
2021-12-31	$$17.41 M	-19.9%
2020-12-31	$$21.73 M	-23.44%
2019-12-31	$$28.39 M	121.44%
2018-12-31	$$12.82 M	-29.37%
2017-12-31	$$18.15 M	-17.76%
2016-12-31	$$22.07 M	-17.14%
2015-12-31	$$26.64 M	10.05%
2014-12-31	$$24.2 M	118.51%
2013-12-31	$$11.07 M

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Graphex Group (GRFX) - Net assets