Quick Answer
Graphex Group Ltd reported R&D Expense of $2.11 million for fiscal year 2022.
Graphex Group Ltd R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2022 | $2.11M | -90.7% |
| 2021 | $22.73M | +34.1% |
| 2020 | $16.94M | — |
- Graphex Group Ltd showed a decrease of -90.7% in R&D Expense compared to the prior fiscal year.
- Over the 2020–2022 period, Graphex Group Ltd’s r&d expense has declined by 87.6% (from $16.94 million to $2.11 million).
- The most recent figure is from Graphex Group Ltd’s fiscal year 2022 report (Form 20-F), filed with the SEC on May 10, 2023.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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