Addentax Group Financials

ATXG Stock  USD 0.54  0.02  3.57%   
Based on the analysis of Addentax Group's profitability, liquidity, and operating efficiency, Addentax Group Corp may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Addentax Group's Total Current Liabilities is most likely to increase significantly in the upcoming years. The Addentax Group's current Property Plant And Equipment Net is estimated to increase to about 21.4 M, while Total Stockholder Equity is projected to decrease to roughly 86 K. Key indicators impacting Addentax Group's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio6.696.3688
Sufficiently Up
Slightly volatile
Investors should never underestimate Addentax Group's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Addentax Group's cash flow, debt, and profitability to make informed and accurate decisions about investing in Addentax Group Corp.

Net Income

(3.11 Million)

  
Understanding current and past Addentax Group Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Addentax Group's financial statements are interrelated, with each one affecting the others. For example, an increase in Addentax Group's assets may result in an increase in income on the income statement.

Addentax Group Stock Summary

Addentax Group competes with Jayud Global, Freightos Limited, Radiant Logistics, JB Hunt, and Forward Air. Addentax Group Corp., together with its subsidiaries, operates as a logistic service provider in the Peoples Republic of China and the United States. It also manufactures, distributes, and trades in epidemic prevention supplies and offers shop subleasing and property management services for garment wholesalers and retailers in the garment market. Addentax Group operates under Integrated Freight Logistics classification in the United States and is traded on NASDAQ Exchange. It employs 126 people.
Specialization
Industrials, Integrated Freight & Logistics
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS00653L2025
CUSIP00653L301 00653L202 00653L103
LocationChina
Business AddressKingkey 100, Shenzhen,
SectorAir Freight & Logistics
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.addentax.com
Phone86 75 5823 30336
CurrencyUSD - US Dollar

Addentax Group Key Financial Ratios

Addentax Group Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets4.0M8.4M18.4M13.1M41.3M52.3M
Other Current Liab4.5M5.7M4.0M2.6M5.6M1.3M
Net Tangible Assets(2.2M)(3.1M)(81.5K)(71.4K)(759.3K)(797.3K)
Net Debt1.7M7.9M5.3M11.1M23.3M24.4M
Retained Earnings(1.8M)(3.2M)(6.8M)(6.8M)(5.5M)(8.6M)
Accounts Payable884.3K3.6M3.1M1.3M267.5K359.5K
Cash277.3K531.7K1.8M1.4M562.7K816.2K
Net Receivables2.0M4.7M5.4M2.7M3.1M4.0M
Inventory318.0K347.5K270.4K266.6K285.5K63.5K
Other Current Assets230.5K389.9K511.3K1.3M1.3M4.0M
Total Liab5.7M11.5M18.5M13.2M17.2M26.3M
Short Long Term Debt223.5K353.1K5.1M3.8M137.5K1.6M
Total Current Assets2.8M6.0M8.0M5.7M23.0M29.2M
Short Term Debt223.5K796.7K7.3M7.7M391.7K2.6M
Net Invested Capital2.7M5.0M3.8M35.5M30.3M31.8M
Net Working Capital(4.1M)(4.4M)(4.7M)19.5M24.6M25.8M

Addentax Group Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense11.4K20.7K19.1K9.9K1.5M3.7M
Total Revenue10.0M10.2M24.7M12.7M7.9M5.2M
Gross Profit1.3M1.4M(1.2M)2.1M1.8M1.1M
Operating Income(683.1K)(864.3K)(3.6M)111.4K2.8M(1.1M)
Ebit(674.4K)(864.3K)(3.5M)111.4K2.8M555.0K
Ebitda(829.5K)(3.4M)243.5K3.2M883.9K928.1K
Cost Of Revenue8.7M8.8M25.9M10.6M6.1M4.0M
Income Before Tax(685.8K)(1.4M)(3.6M)101.5K1.3M(3.1M)
Net Income(694.3K)(1.5M)(3.6M)78.0K1.3M(3.1M)
Income Tax Expense8.6K16.1K25.9K23.5K22.1K11.6K
Tax Provision16.1K25.9K23.5K22.1K11.6K17.5K
Net Interest Income(20.7K)(18.9K)(2.1K)(1.5M)(3.6M)(3.5M)

Addentax Group Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(78.8K)(29.5K)67.3K3.8K(18.9K)222.0K
Investments(229.2K)(136.0K)(563.1K)(198.1K)(21.2M)90.7K
Change In Cash12.5K254.4K1.3M(454.4K)(827.9K)253.5K
Net Borrowings(948.5K)1.6M(635.3K)(1.4M)352.2K369.8K
Free Cash Flow(1.3M)(4.6M)892.8K(1.6M)(546.9K)(574.2K)
Depreciation115.7K114.4K101.0K157.6K344.9K328.9K
Net Income(694.3K)(1.5M)(3.6M)78.0K1.3M(3.1M)
End Period Cash Flow531.7K1.8M1.4M562.7K816.2K647.1K
Change To Netincome454.7K10.3K87.3K46.8K184.3K129.3K
Other Non Cash Items562.3K46.8K(628.7K)(1.7M)2.1M2.2M

Addentax Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Addentax Group's current stock value. Our valuation model uses many indicators to compare Addentax Group value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Addentax Group competition to find correlations between indicators driving Addentax Group's intrinsic value. More Info.
Addentax Group Corp is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Addentax Group's Return On Equity is most likely to slightly grow in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value Addentax Group by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Addentax Group Corp Systematic Risk

Addentax Group's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Addentax Group volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Addentax Group Corp correlated with the market. If Beta is less than 0 Addentax Group generally moves in the opposite direction as compared to the market. If Addentax Group Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Addentax Group Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Addentax Group is generally in the same direction as the market. If Beta > 1 Addentax Group moves generally in the same direction as, but more than the movement of the benchmark.

About Addentax Group Financials

What exactly are Addentax Group Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Addentax Group's income statement, its balance sheet, and the statement of cash flows. Potential Addentax Group investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Addentax Group investors may use each financial statement separately, they are all related. The changes in Addentax Group's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Addentax Group's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
Today, most investors in Addentax Group Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Addentax Group's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Addentax Group growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.004444

At this time, Addentax Group's Price Earnings To Growth Ratio is most likely to slightly decrease in the upcoming years.

Addentax Group November 29, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Addentax Group help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Addentax Group Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Addentax Group Corp based on widely used predictive technical indicators. In general, we focus on analyzing Addentax Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Addentax Group's daily price indicators and compare them against related drivers.

Complementary Tools for Addentax Stock analysis

When running Addentax Group's price analysis, check to measure Addentax Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Addentax Group is operating at the current time. Most of Addentax Group's value examination focuses on studying past and present price action to predict the probability of Addentax Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Addentax Group's price. Additionally, you may evaluate how the addition of Addentax Group to your portfolios can decrease your overall portfolio volatility.
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