ATXG - Addentax Group Corp Stock Price, Fair Value and News

0.83USD-0.18 (-17.82%)Delayed as of 13 May 2024, 10:04 am ET

Market Summary

USD0.83-0.18

Delayedas of 13 May 2024, 10:04 am

-17.82%

ATXG Stock Price

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ATXG RSI Chart

ATXG Valuation

Market Cap

4.3M

Price/Earnings (Trailing)

-1.58

Price/Sales (Trailing)

0.84

EV/EBITDA

3.22

Price/Free Cashflow

-3.26

ATXG Price/Sales (Trailing)

ATXG Profitability

Operating Margin

19.70%

EBT Margin

-53.25%

Return on Equity

-11.35%

Return on Assets

-5.12%

Free Cashflow Yield

-30.71%

ATXG Fundamentals

ATXG Revenue

Revenue (TTM)

5.1M

Rev. Growth (Yr)

-30.8%

Rev. Growth (Qtr)

9.97%

ATXG Earnings

Earnings (TTM)

-2.8M

Earnings Growth (Yr)

-3.1K%

Earnings Growth (Qtr)

-291.4%

Breaking Down ATXG Revenue

52 Week Range

0.94

(Low)(High)

Last 7 days

7.1%

Last 30 days

15.4%

Last 90 days

-17.3%

Trailing 12 Months

40%

How does ATXG drawdown profile look like?

ATXG Financial Health

Current Ratio

5.58

Debt/Equity

0.1

Debt/Cashflow

-0.66

ATXG Investor Care

Shares Dilution (1Y)

21.14%

Diluted EPS (TTM)

-0.72

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	7.9M	6.6M	5.8M	5.1M
2022	12.7M	10.8M	10.2M	9.5M
2021	24.7M	23.1M	14.2M	13.6M
2020	10.2M	13.9M	23.6M	23.0M
2019	10.0M	9.5M	8.6M	10.1M
2018	13.4M	12.5M	11.4M	10.9M
2017	5.3M	11.4M	12.9M	13.6M
2016	0	0	0	0
2015	0	0	0	0

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GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Which funds bought or sold ATXG recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 10, 2024	JPMORGAN CHASE & CO	sold off	-100	-1,574	-	-%
May 01, 2024	CONCOURSE FINANCIAL GROUP SECURITIES, INC.	sold off	-	-	-	-%
Apr 03, 2024	Peoples Bank/KS	unchanged	-	-182	318	-%
Feb 09, 2024	UBS Group AG	sold off	-100	-2,435	-	-%
Nov 13, 2023	Ayrton Capital LLC	added	3,521	-55,511,000	161,490,000	1.09%

Are Funds Buying or Selling ATXG?

Are funds buying ATXG calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own ATXG

No. of Funds

Unveiling Addentax Group Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	ayrton capital llc	9.9%	431,403	SC 13G

Recent SEC filings of Addentax Group Corp

View All Filings

Date Filed	Form Type	Document
Apr 30, 2024	D	D
Apr 29, 2024	8-K	Current Report
Apr 29, 2024	8-K	Current Report
Apr 25, 2024	8-K	Current Report
Apr 03, 2024	8-K	Current Report
Mar 20, 2024	8-K	Current Report
Mar 05, 2024	8-K	Current Report
Feb 14, 2024	SC 13G	Major Ownership Report
Feb 14, 2024	10-Q	Quarterly Report
Feb 06, 2024	8-K	Current Report

Addentax Group Corp News

Latest updates

Addentax Group Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	10.0%	1,468,496	1,335,314	1,052,506	1,291,526	2,122,242	2,144,019	2,386,384	2,854,900	2,791,470	2,757,832	4,286,431	3,720,695	3,411,552	11,684,297	5,918,215	1,989,983	4,027,902	1,945,002	2,209,492	1,918,512	2,541,803
Cost Of Revenue	40.1%	1,306,169	932,427	815,597	1,079,772	1,514,780	1,578,858	1,929,700	2,313,230	2,323,716	2,287,407	3,703,026	3,145,849	2,950,124	14,705,387	5,120,576	1,565,335	3,746,040	1,624,083	1,851,560	1,658,077	2,495,740
Gross Profit	-59.7%	162,327	402,887	236,909	211,754	607,462	565,161	456,684	541,670	467,754	470,425	583,405	574,846	461,428	-3,021,090	797,639	424,648	281,862	320,919	357,932	260,435	46,063
Operating Expenses	-13.5%	611,919	707,819	497,858	697,956	700,429	495,009	410,582	609,436	495,430	508,688	506,705	590,005	749,954	471,831	609,207	380,566	527,154	630,286	711,673	361,435	591,080
S&GA Expenses	156.2%	95,321	37,212	-	18,614	24,511	30,002	5,642	70,941	43,118	45,802	46,390	36,679	217,942	5,789	153,245	1,580	960	3,639	7,227	3,425	4,770
EBITDA Margin	-38.0%	0.38	0.60	0.26	0.40	0.04	0.04	0.03	0.02	0.02	0.00	-	-	-	-	-	-	-	-	-	-	-
Interest Expenses	-12.3%	529,530	603,819	1,292,715	1,501,189	1,986	2,209	2,458	4,516	2,526	617	2,232	12,533	646	1,026	4,960	4,753	3,974	7,902	3,912	-	-
Income Taxes	-0.4%	3,225	3,237	1,264	3,204	8,184	9,461	1,294	5,601	2,209	4,959	10,725	2,671	15,784	4,053	3,359	3,984	9,022	852	2,212	1,964	2,102
Earnings Before Taxes	-290.7%	-2,604,437	1,365,637	-2,727,457	1,225,191	-74,034	92,678	97,965	-38,988	13,828	36,980	89,672	-27,292	-287,797	-3,456,472	207,259	-29,148	-249,190	-321,073	-365,136	-122,779	-542,875
EBT Margin	-1366.4%	-0.53	-0.04	-0.22	0.17	0.01	0.02	0.01	0.01	0.01	-0.01	-	-	-	-	-	-	-	-	-	-	-
Net Income	-291.4%	-2,607,662	1,362,400	-2,728,721	1,221,987	-82,218	83,217	96,671	-44,589	11,619	32,021	78,947	-29,963	-303,581	-3,460,525	203,900	-33,132	-258,212	-321,925	-367,348	-124,743	-544,977
Net Income Margin	-1269.0%	-0.53	-0.04	-0.23	0.17	0.01	0.01	0.01	0.01	0.01	-0.02	-	-	-	-	-	-	-	-	-	-	-
Free Cashflow	-Infinity%	-72,341	-	-1,132,732	-62,895	-23,442	-1,826,402	256,164	685,193	199,997	1,362,459	-1,354,899	-	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Balance Sheet																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	0.9%	53,786	53,294	40,592	41,303	31,577	32,462	13,021	13,087	13,015	14,387	19,966	18,424	17,278	6,653	6,934	8,422	8,246	5,879	4,355	3,497	4,260
Current Assets	0.4%	30,312	30,204	37,215	23,041	27,280	27,433	6,851	5,689	4,828	5,301	10,149	7,997	4,779	4,085	4,528	6,001	5,164	2,737	2,682	2,802	3,134
Cash Equivalents	-71.4%	498	1,744	487	563	1,588	2,034	2,232	1,391	506	711	972	1,845	357	1,178	1,549	532	424	268	299	277	357
Inventory	21.6%	304	250	266	286	255	247	263	267	298	301	408	270	163	635	597	348	319	339	413	318	392
Net PPE	-2.1%	607	621	586	649	675	685	759	836	870	859	876	794	894	934	692	585	668	678	728	694	651
Goodwill	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	475	475	475	475	475
Liabilities	11.7%	29,542	26,450	16,265	17,181	8,669	9,429	12,891	13,158	13,037	14,391	19,999	18,506	20,344	9,330	9,801	11,489	10,837	8,162	6,388	5,674	5,811
Current Liabilities	10.5%	5,428	4,911	3,060	3,526	8,505	8,550	11,092	10,392	9,431	9,910	14,724	12,428	12,662	8,129	8,516	10,097	9,354	6,628	6,296	5,674	5,811
Short Term Borrowings	138.2%	309	130	130	137	138	134	143	151	157	155	155	153	153	234	354	353	359	350	218	224	160
Long Term Debt	-8.0%	2,376	2,583	8,510	11,220	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
LT Debt, Non Current	-8.0%	2,376	2,583	8,510	11,220	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shareholder's Equity	-9.7%	24,244	26,845	24,327	24,122	22,908	23,033	130	-71.37	-	-	-	-	-	-	-	-	-	-	-	-	-
Retained Earnings	-38.4%	-9,433	-6,817	-8,179	-5,451	-6,673	-6,576	-6,659	-6,756	-6,711	-6,723	-6,755	-6,834	-6,804	-6,489	-3,029	-3,233	-2,724	-2,465	-2,143	-2,250	-1,650
Additional Paid-In Capital	0.1%	33,607	33,559	32,406	29,529	29,532	29,532	6,815	6,815	6,815	6,815	6,815	6,815	3,816	3,795	61.00	61.00	61.00	61.00	61.00	61.00	-420
Shares Outstanding	0%	4,495	4,495	37,395	35,455	28,378	26,693	26,693	2,669	2,656	2,641	2,615	2,669	2,571	-	-	-	-	-	-	-	-
Float	-	-	-	26,925	-	-	-	-	-	-	172,607	-	-	-	172,607	-	-	-	177,422	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	112.3%	58.00	-468	-1,110	-41.04	-1.59	-1,804	278	707	233	1,401	-1,250	-440	-719	-3,860	798	-91.92	-177	-553	-328	110	150
Cashflow From Investing	-	96.00	-	-	-3,668	-	-	-	-21.85	-33.35	-38.69	-104	531	-714	-236	-143	-41.14	581*	-5.30	-90.14	-137	-33.58
Cashflow From Financing	-179.0%	-1,365	1,729	970	2,605	-408	19,034	616	171	-405	-1,624	486	1,381	644	3,714	360	250	337	528	441	-61.12	-135

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ATXG Income Statement

2023-12-31

Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Income Statement [Abstract]
REVENUES	$ 1,468,496	$ 2,122,242	$ 3,856,316	$ 6,652,645
COST OF REVENUES	(1,306,169)	(1,514,780)	(3,054,193)	(5,023,338)
GROSS PROFIT	162,327	607,462	802,123	1,629,307
OPERATING EXPENSES
Selling and marketing	(95,321)	(24,511)	(132,533)	(60,155)
General and administrative	(516,598)	(675,918)	(1,685,063)	(1,545,865)
Total operating expenses	(611,919)	(700,429)	(1,817,596)	(1,606,020)
INCOME (LOSS) FROM OPERATIONS	(449,592)	(92,967)	(1,015,473)	23,287
Fair value gain or loss	(1,738,593)		(172,001)
Interest income	1,712	1,687	5,129	6,687
Interest expenses	(529,530)	(1,986)	(2,426,064)	(6,653)
Other income (expense), net	111,566	19,232	(357,848)	93,288
INCOME (LOSS) BEFORE INCOME TAX EXPENSE	(2,604,437)	(74,034)	(3,966,257)	116,609
INCOME TAX EXPENSE	(3,225)	(8,184)	(7,726)	(18,939)
NET (LOSS)/INCOME	(2,607,662)	(82,218)	(3,973,983)	97,670
Foreign currency translation gain	(41,266)	(43,032)	48,486	159,660
TOTAL COMPREHENSIVE INCOME (LOSS)	$ (2,648,928)	$ (125,250)	$ (3,925,497)	$ 257,330
EARNINGS PER SHARE
Earnings (Loss) per share, Basic	$ (0.66)	$ (0.00)	$ (1.00)	$ 0.00
Earnings (Loss) per share, Diluted	$ (0.66)	$ (0.00)	$ (1.00)	$ 0.00
Weighted average number of shares outstanding - Basic	3,980,714	28,377,936	3,980,714	28,377,936
Weighted average number of shares outstanding - Diluted	3,980,714	28,377,936	3,980,714	28,377,936

ATXG Balance Sheet

2023-12-31

Condensed Consolidated Balance Sheets (Unaudited) - USD ($)	Dec. 31, 2023	Mar. 31, 2023
CURRENT ASSETS
Cash and cash equivalents	$ 498,254	$ 562,711
Restricted cash	3,250,000
Accounts receivables, net	2,182,465	1,858,889
Debt securities held-to-maturity		17,718,750
Inventories	304,400	285,528
Prepayments and other receivables	19,259,660	959,196
Advances to suppliers	2,008,023	1,281,075
Total current assets	30,311,918	23,041,241
NON-CURRENT ASSETS
Plant and equipment, net	607,311	649,120
Long-term prepayments	257,314	90,032
Restricted cash		14,750,000
Long-term receivables	2,500,000	2,500,000
Operating lease right of use asset	20,108,986	272,488
Total non-current assets	23,473,611	18,261,640
TOTAL ASSETS	53,785,529	41,302,881
CURRENT LIABILITIES
Short-term loan	309,175	137,468
Accounts payable	466,184	267,501
Advances from customers	195,755	2,152
Accrued expenses and other payables	1,251,839	606,843
Operating lease liability current portion	1,079,653	127,101
Total current liabilities	5,427,606	3,525,698
NON-CURRENT LIABILITIES
Convertible debts	2,376,112	11,219,519
Derivative liabilities	2,708,757	2,290,483
Operating lease liability	19,029,332	145,387
Total non-current liabilities	24,114,201	13,655,389
TOTAL LIABILITIES	29,541,807	17,181,087
EQUITY
Common stock ($0.001 par value, 250,000,000 shares authorized, 4,494,979 and 35,454,670 shares issued and outstanding at December 31 and March 31, 2023, respectively)	4,495	35,455
Additional paid-in capital	33,606,949	29,528,564
Accumulated Deficit	(9,433,762)	(5,451,209)
Statutory reserve	37,027	28,457
Accumulated other comprehensive loss	29,013	(19,473)
Total equity	24,243,722	24,121,794
TOTAL LIABILITIES AND EQUITY	53,785,529	41,302,881
Related Party [Member]
CURRENT ASSETS
Amount due from related party	2,809,116	375,092
CURRENT LIABILITIES
Amount due to related parties	$ 2,125,000	$ 2,384,633

About Addentax Group Corp

Addentax Group Corp., together with its subsidiaries, operates as a logistic service provider in China. It operates through three segments: Garment Manufacturing, Logistics Services, and Property Management and Subleasing. The company manufactures and distributes garments; and provides logistic services, such as storage, transportation, warehousing, handling, packaging, and order processing, as well as customs declaration and tax clearance services. It also offers shop subleasing and property management services for garment wholesalers and retailers in the garment market. In addition, the company engages in the building decoration designing business. Addentax Group Corp. is based in Shenzhen, China.

CEO	Mr. Hong Zhida
WEBSITE	addentax.com
INDUSTRY	Integrated Freight & Logistics
EMPLOYEES	96

Addentax Group Corp Frequently Asked Questions

What is the ticker symbol for Addentax Group Corp? What does ATXG stand for in stocks?

ATXG is the stock ticker symbol of Addentax Group Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Addentax Group Corp (ATXG)?

As of Fri May 10 2024, market cap of Addentax Group Corp is 4.34 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ATXG stock?

You can check ATXG's fair value in chart for subscribers.

What is the fair value of ATXG stock?

You can check ATXG's fair value in chart for subscribers. The fair value of Addentax Group Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Addentax Group Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ATXG so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Addentax Group Corp a good stock to buy?

The fair value guage provides a quick view whether ATXG is over valued or under valued. Whether Addentax Group Corp is cheap or expensive depends on the assumptions which impact Addentax Group Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ATXG.

What is Addentax Group Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 10 2024, ATXG's PE ratio (Price to Earnings) is -1.58 and Price to Sales (PS) ratio is 0.84. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ATXG PE ratio will change depending on the future growth rate expectations of investors.