ATXG · Addentax Group Corp. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $4.18M | $5.15M | $7.94M | $12.69M | $24.73M | $10.17M |
| Cost of Revenue | $3.55M | $4.04M | $6.10M | $10.63M | $25.92M | $8.79M |
| Gross Profit | $634.3K | $1.12M | $1.84M | $2.06M | ($1.19M) | $1.39M |
| R&D | - | - | - | - | - | - |
| SG&A | $2.06M | $2.12M | $2.23M | $1.91M | $2.01M | $2.24M |
| Total Operating Expenses | $2.45M | $2.25M | $2.30M | $2.12M | $2.42M | $2.25M |
| D&A | $119.2K | $328.9K | $344.9K | $157.6K | $101.0K | $114.4K |
| Operating Income | ($1.82M) | ($1.13M) | ($462.9K) | ($57.0K) | ($3.61M) | ($864.3K) |
| Interest Expense | $1.15M | $3.65M | $1.51M | $9.9K | $20.8K | - |
| Income Tax | $4.6K | $11.6K | $22.1K | $23.5K | $25.9K | $16.1K |
| Net Income | ($5.09M) | ($3.11M) | $1.32M | $78.0K | ($3.59M) | ($1.46M) |
| EPS - Basic | ($12.75) | ($10.65) | $0.60 | ($2.10) | - | - |
| EPS - Diluted | ($12.75) | ($10.65) | $0.00 | - | - | - |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $325.0K | $816.2K | $562.7K | $1.39M | $1.85M | $531.7K |
| Accounts Receivable | $929.8K | $2.11M | $1.86M | $2.16M | $4.76M | $4.50M |
| Inventory | $166.9K | $63.5K | $285.5K | $266.6K | $270.4K | $347.5K |
| Accounts Payable | $53.2K | $359.5K | $267.5K | $1.33M | $3.12M | $3.62M |
| Current Assets | $29.79M | $29.18M | $23.04M | $5.69M | $8.00M | $6.00M |
| Total Assets | $49.17M | $52.34M | $41.30M | $13.09M | $18.42M | $8.42M |
| Current Liabilities | $3.95M | $4.58M | $3.53M | $10.39M | $12.43M | $10.10M |
| Long-term Debt | - | - | - | - | - | - |
| Total Liabilities | $27.44M | $26.29M | $17.18M | $13.16M | $18.51M | $11.49M |
| Stockholders' Equity | $21.73M | $26.05M | $24.12M | ($71.4K) | ($81.5K) | ($3.07M) |
| Retained Earnings | ($13.66M) | ($8.57M) | ($5.45M) | ($6.76M) | ($6.83M) | ($3.23M) |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $816.0K | ($411.5K) | ($1.57M) | $1.09M | ($4.22M) | ($1.15M) |
| Investing Cash Flow | ($205.8K) | $90.7K | ($21.17M) | ($198.1K) | ($563.1K) | ($136.0K) |
| Financing Cash Flow | ($1.10M) | $521.7K | $21.85M | ($1.37M) | $6.10M | $1.56M |
| CapEx | $197.6K | $135.4K | - | $198.1K | $405.9K | $136.0K |
| Free Cash Flow | $618.4K | ($546.9K) | - | $892.8K | ($4.63M) | ($1.29M) |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 15.2% | 21.6% | 23.2% | 16.3% | -4.8% | 13.6% |
| Operating margin | -43.5% | -21.9% | -5.8% | -0.4% | -14.6% | -8.5% |
| EBITDA margin | -40.6% | -15.6% | -1.5% | 0.8% | -14.2% | -7.4% |
| Net margin | -121.8% | -60.3% | 16.6% | 0.6% | -14.5% | -14.3% |
| Free cash flow margin | 14.8% | -10.6% | - | 7.0% | -18.7% | -12.7% |
| FCF / Net income | -0.12 | 0.18 | - | 11.45 | 1.29 | 0.88 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 49.2% | 41.1% | 28.0% | 15.1% | 8.1% | 22.0% |
| Effective tax rate | - | - | 1.7% | 23.1% | - | - |
| Return on assets | -10.4% | -5.9% | 3.2% | 0.6% | -19.5% | -17.3% |
| Return on equity | -23.4% | -11.9% | 5.5% | -109.3% | 4405.2% | 47.5% |
| Return on invested capital | - | - | - | - | - | - |
| Liquidity | ||||||
| Current ratio | 7.54 | 6.37 | 6.54 | 0.55 | 0.64 | 0.59 |
| Quick ratio | 7.50 | 6.35 | 6.45 | 0.52 | 0.62 | 0.56 |
| Cash ratio | 0.08 | 0.18 | 0.16 | 0.13 | 0.15 | 0.05 |
| Leverage | ||||||
| Debt / Equity | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | -1.6x | -0.3x | -0.3x | -5.8x | -173.5x | - |
| Equity multiplier | 2.26 | 2.01 | 1.71 | -183.38 | -226.07 | -2.75 |
| Liabilities / Assets | 0.56 | 0.50 | 0.42 | 1.01 | 1.00 | 1.36 |
| Efficiency | ||||||
| Asset turnover | 0.09 | 0.10 | 0.19 | 0.97 | 1.34 | 1.21 |
| Inventory turnover | 21.25 | 63.60 | 21.37 | 39.86 | 95.85 | 25.28 |
| Days sales outstanding | 81d | 149d | 85d | 62d | 70d | 161d |
| Days inventory outstanding | 17d | 6d | 17d | 9d | 4d | 14d |
| Days payable outstanding | 5d | 32d | 16d | 46d | 44d | 150d |
| Cash conversion cycle | 93d | 122d | 86d | 26d | 30d | 26d |
| Valuation | ||||||
| P / E | - | - | - | - | - | - |
| P / B | 3.6x | 2.3x | 167.6x | - | - | - |
| P / S | 18.5x | 11.6x | 509.1x | - | - | - |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | -18.9% | -35.1% | -37.4% | -48.7% | 143.2% | -24.3% |
| Revenue CAGR (3y) | -30.9% | -40.7% | -7.9% | -1.9% | 66.7% | - |
| Revenue CAGR (5y) | -16.3% | -17.4% | 8.3% | - | 433.9% | - |
| Gross profit growth (YoY) | -43.1% | -39.4% | -10.8% | - | - | 8.0% |
| Operating income growth (YoY) | -60.6% | -144.4% | -712.1% | 98.4% | -317.5% | -26.5% |
| Net income growth (YoY) | -63.8% | - | 1591.9% | - | -146.6% | -109.6% |
| EPS growth (YoY) | -19.7% | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | -259.7% | -3466.8% |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | -16.6% | 8.0% | - | 12.4% | 97.3% | -80.1% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-03-31.
Business segments
$4.18M totalLogistic Services Segment$3.02M · 72.2%
Property Management And Subleasing$879.5K · 21.0%
Garment Manufacturing Segment$283.0K · 6.8%
Geographic
$4.18M totalCN$4.18M · 100.0%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
0.44
Distress
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
3/9
Weak
- ✗Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- ✓Current ratio improved
- ✗No share dilution
- ✗Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Services-Mailing, Reproduction, Commercial Art & Photography
| Company | Revenue (last FY) | Net margin | ROE |
|---|---|---|---|
| ARC | - | - | - |
Comparing ADDENTAX GROUP CORP. against the 1 most active filer in the same SIC group.