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Graphex Group ADR (GRFXY)
OTHER OTC:GRFXY
US Market
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Graphex Group ADR (GRFXY) AI Stock Analysis

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GRFXY

Graphex Group ADR

(OTC:GRFXY)

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Neutral 42 (OpenAI - 5.2)
Rating:42Neutral
Price Target:
$0.13
▼(-76.91% Downside)
Action:Reiterated
Date:05/30/26
The score is driven primarily by weak financial performance—multi-year revenue contraction, sharply expanded losses, negative 2025 operating/free cash flow, and a much riskier balance sheet due to a spike in leverage. Technical indicators add limited support (neutral RSI but negative MACD and long-term downtrend versus 100/200-day averages), while valuation metrics are constrained by losses (negative P/E) and lack dividend support.
Positive Factors
Gross margin resilience
Despite shrinking scale, sustained high‑30% gross margins indicate the company retains product-level pricing power or low variable costs. That margin buffer supports long‑term recovery potential and makes future operating leverage meaningful if revenue stabilizes or grows.
Negative Factors
Multi‑year revenue decline
Persistent top‑line contraction erodes scale economics and jeopardizes the company’s ability to cover fixed costs. Continued revenue shrinkage over multiple years increases the likelihood that structural customer loss or market displacement, rather than cyclical weakness, is driving performance.
Read all positive and negative factors
Positive Factors
Negative Factors
Gross margin resilience
Despite shrinking scale, sustained high‑30% gross margins indicate the company retains product-level pricing power or low variable costs. That margin buffer supports long‑term recovery potential and makes future operating leverage meaningful if revenue stabilizes or grows.
Read all positive factors

Graphex Group ADR (GRFXY) vs. SPDR S&P 500 ETF (SPY)

Graphex Group ADR Business Overview & Revenue Model

Company Description
Graphex Group Limited (GRFXY), headquartered in Causeway Bay, Hong Kong, was founded in 1981. The company, which rebranded from Earthasia International Holdings Limited in April 2021, structures its operations around three distinct business segmen...
How the Company Makes Money
Graphex Group’s earnings have historically been tied to selling graphite-related materials (e.g., graphite products and other carbon-based materials) to customers in industrial end-markets, generating revenue primarily from product sales under cus...

Graphex Group ADR Financial Statement Overview

Summary
Financials are highly pressured: revenue has declined each year (2022–2025, with ~20% YoY drop in 2025), losses worsened sharply (2025 net margin roughly -265%), leverage spiked as equity fell (debt-to-equity ~7.1x), and 2025 operating/free cash flow were negative—raising solvency and liquidity risk despite relatively stable gross margins.
Income Statement
18
Very Negative
Balance Sheet
22
Negative
Cash Flow
20
Very Negative
BreakdownDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue137.33M187.85M291.93M341.24M391.04M
Gross Profit53.24M68.31M96.82M119.96M148.34M
EBITDA-50.49M-102.16M-90.53M29.86M16.56M
Net Income-364.02M-111.44M-113.17M-69.66M-53.55M
Balance Sheet
Total Assets541.88M809.35M847.34M894.68M1.10B
Cash, Cash Equivalents and Short-Term Investments27.31M15.47M27.21M31.50M31.46M
Total Debt223.62M235.98M233.16M308.80M530.91M
Total Liabilities500.59M528.99M477.70M524.83M905.89M
Stockholders Equity31.50M280.36M369.69M380.58M197.31M
Cash Flow
Free Cash Flow-50.98M-5.46M-11.89M41.56M-31.15M
Operating Cash Flow-9.79M-5.31M-11.16M42.38M-29.40M
Investing Cash Flow-51.40M-6.62M12.12M-88.82M1.33M
Financing Cash Flow80.28M397.00K-4.26M52.38M18.59M

Graphex Group ADR Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.55
Price Trends
50DMA
0.14
Negative
100DMA
0.15
Negative
200DMA
0.41
Negative
Market Momentum
MACD
>-0.01
Positive
RSI
35.06
Neutral
STOCH
18.52
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GRFXY, the sentiment is Negative. The current price of 0.55 is above the 20-day moving average (MA) of 0.15, above the 50-day MA of 0.14, and above the 200-day MA of 0.41, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 35.06 is Neutral, neither overbought nor oversold. The STOCH value of 18.52 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GRFXY.

Graphex Group ADR Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
49
Neutral
$321.94M-4.42-63.85%776.51%38.07%
45
Neutral
$52.12M-1.33-18.53%-50.96%
44
Neutral
$826.21M-13.32-35.30%-48.46%
42
Neutral
$6.36M-0.13-23.26%-26.70%-31.60%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GRFXY
Graphex Group ADR
0.13
-0.27
-67.00%
WWR
Westwater Resources
0.41
-0.57
-58.16%
ABAT
American Battery Technology
2.36
-0.20
-7.81%
IPX
Iperionx Ltd. ADR
22.94
-10.95
-32.31%

Graphex Group ADR Corporate Events

Graphex Group Shareholders Approve All AGM Resolutions, Renew Capital Mandates
Jul 1, 2026
Graphex Group Limited reported that all resolutions put to shareholders at its annual general meeting held on 29 June 2026 were approved by poll, including adoption of the 2025 audited financial statements and authorization for the board to set di...
Graphex Group Proposes Re‑Domiciling from Cayman Islands to Hong Kong
May 5, 2026
On May 4, 2026, Graphex Group’s board proposed re-domiciling the company from the Cayman Islands to Hong Kong under the city’s new company re-domiciliation regime and, in connection with this move, adopting new Articles of Association ...
Graphex Group Sets June 29, 2026 AGM, Seeks Fresh Share Issuance and Buyback Mandates
May 1, 2026
On May 1, 2026, Graphex Group Limited filed a Form 6-K in the United States detailing Hong Kong disclosures tied to its upcoming annual general meeting and 2025 reporting cycle. The company has published its 2025 annual report, a circular on share...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: May 30, 2026