ADDENTAX GROUP CORP. ATXG
Group Corp. was incorporated in the State of Nevada on October 28, 2014. We were originally incorporated to produce images on multiple
surfaces, such as glass, leather, plastic, ceramic, textile, and others using a 3D sublimation vacuum heat transfer machine. We no longer
pursue opportunities related to 3D printing positioning.
December 28, 2016, we entered into a Sale and Purchase Agreement ("SPA") with Yingxi Industrial Chain Group Co., Ltd.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- China
- Hong Kong
| Region | FY2025 |
|---|---|
| China | $3.2M |
| Hong Kong | $2.2M |
As the company reported it, from the “SCHEDULE OF GEOGRAPHICAL INFORMATION (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
Revenue by segment
- Logistic Services Segment - Reportable Subsegments
- Consulting - Reportable Subsegments
- Other
| Segment | FY2025 |
|---|---|
| Logistic Services Segment - Reportable Subsegments | $3.2M |
| Consulting - Reportable Subsegments | $2.2M |
| Other | $40.9K |
As the company reported it, from the “SCHEDULE OF SEGMENT REPORTING FOR REVENUE (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Segments are the filer's own reporting structure, which is a decision about how it runs itself rather than a standard taxonomy: two companies in the same industry routinely divide themselves along different lines, so these are worth reading down a single company rather than across two. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.4M | $4.2M | $5.2M | $7.9M | $12.7M | $24.7M | $10.2M | $10.0M | $13.4M | $5.3M |
| Cost of revenue | $4.6M | $3.5M | $4.0M | $6.1M | $10.6M | $25.9M | $8.8M | $8.7M | $12.0M | $5.1M |
| Gross profit | $757.6K | $634.3K | $1.1M | $1.8M | $2.1M | -$1.2M | $1.4M | $1.3M | $1.4M | $256.0K |
| SG&A | $2.3M | $2.1M | $2.1M | $2.2M | $1.9M | $2.0M | $2.2M | $1.9M | $1.7M | $622.5K |
| Total operating expenses | $2.3M | $2.5M | $2.2M | $2.3M | $2.1M | $2.4M | $2.2M | $2.0M | $1.7M | $630.2K |
| Operating income | -$1.5M | -$1.8M | -$1.1M | -$462.9K | -$57.0K | -$3.6M | -$864.3K | -$683.1K | -$256.0K | -$374.2K |
| Interest expense | $614.8K | $1.1M | $3.7M | $1.5M | $9.9K | $19.1K | $20.8K | — | — | — |
| Pre-tax income | -$4.9M | -$5.1M | -$3.1M | $1.3M | $101.5K | -$3.6M | -$964.5K | -$685.8K | -$690.1K | -$358.2K |
| Income tax | $4.1K | $4.6K | $11.6K | $22.1K | $23.5K | $25.9K | $16.1K | $8.6K | $19.3K | $13.6K |
| Net income | -$4.5M | -$5.1M | -$3.1M | $1.3M | $78.0K | -$3.6M | -$980.6K | -$694.3K | -$709.4K | -$371.8K |
| EPS, basic | -6.27 | -12.75 | -0.71 | 0.04 | 0.00 | -0.14 | — | — | — | — |
| EPS, diluted | -6.27 | -12.75 | -0.71 | 0.04 | 0.00 | -0.14 | -0.04 | -0.03 | 0.03 | 0.00 |
| Shares, diluted (wtd. avg.) | 713,142 | 399,543 | 4.4M | 35.7M | 26.7M | — | — | — | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $574.3K | $325.0K | $816.2K | $562.7K | $1.4M | $1.8M | $531.7K | $277.3K | $264.8K | $176.9K |
| Receivables | $773.8K | $929.8K | $2.1M | $1.9M | $2.2M | $4.8M | $4.5M | $1.8M | $3.4M | $4.8M |
| Inventory | $181.0K | $166.9K | $63.5K | $285.5K | $266.6K | $270.4K | $347.5K | $318.0K | $239.2K | $445.4K |
| Total current assets | $22.9M | $29.8M | $29.2M | $23.0M | $5.7M | $8.0M | $6.0M | $2.8M | $6.4M | $7.0M |
| Property, plant and equipment | $340.8K | $388.0K | $568.9K | $649.1K | $836.4K | $794.0K | $585.0K | $694.4K | $648.5K | $663.2K |
| Goodwill | $6.0M | — | — | — | — | — | — | $475.0K | $475.0K | $929.7K |
| Total assets | $29.3M | $49.2M | $52.3M | $41.3M | $13.1M | $18.4M | $8.4M | $4.0M | $7.5M | $8.5M |
| Accounts payable | $734.5K | $53.2K | $359.5K | $267.5K | $1.3M | $3.1M | $3.6M | $884.3K | $1.5M | $1.6M |
| Short-term debt | $671.8K | $640.9K | $440.7K | $137.5K | $151.1K | $152.6K | $353.1K | $223.5K | — | — |
| Total current liabilities | $3.1M | $4.0M | $4.6M | $3.5M | $10.4M | $12.4M | $10.1M | $5.7M | $8.6M | $8.8M |
| Total liabilities | $7.6M | $27.4M | $26.3M | $17.2M | $13.2M | $18.5M | $11.5M | $5.7M | $8.6M | $8.8M |
| Retained earnings | -$18.1M | -$13.7M | -$8.6M | -$5.5M | -$6.8M | -$6.8M | -$3.2M | -$1.8M | -$1.1M | -$371.8K |
| Total equity | $21.8M | $21.7M | $26.0M | $24.1M | -$71.4K | -$81.5K | -$3.1M | -$2.2M | -$1.1M | -$244.0K |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$603.6K | $816.0K | -$411.5K | -$1.6M | $1.1M | -$4.2M | -$1.2M | $1.2M | $1.9M | $561.5K |
| Depreciation and amortisation | $77.7K | $119.2K | $328.9K | $344.9K | $157.6K | $101.0K | $114.4K | $115.7K | $111.7K | $34.9K |
| Stock-based compensation | $70.0K | — | — | — | — | — | — | — | — | — |
| Capital expenditure | $180.9K | $197.6K | $135.4K | — | $198.1K | $405.9K | $136.0K | $229.2K | $97.1K | — |
| Investing cash flow | -$296.9K | -$205.8K | $90.7K | -$21.2M | -$198.1K | -$563.1K | -$136.0K | -$229.2K | -$3.1M | $227.7K |
| Financing cash flow | $1.2M | -$1.1M | $521.7K | $21.8M | -$1.4M | $6.1M | $1.6M | -$948.5K | $1.3M | -$612.4K |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001493152-26-031055.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.3M | $13.4M | $10.0M | $10.2M | $24.7M | $12.7M | $7.9M | $5.2M | $4.2M | $5.4M |
| Gross profit | $256.0K | $1.4M | $1.3M | $1.4M | -$1.2M | $2.1M | $1.8M | $1.1M | $634.3K | $757.6K |
| Net income | -$371.8K | -$709.4K | -$694.3K | -$980.6K | -$3.6M | $78.0K | $1.3M | -$3.1M | -$5.1M | -$4.5M |
Recent filings and events
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Unregistered share sale Shares issued outside a registered offering. Dilution, and for a small company often the way it is funded. Item 3.02
- Material agreement signed Item 1.01
- Unregistered share sale Item 3.02
- Material agreement signed Item 1.01
- Unregistered share sale Item 3.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Acquisition or disposal completed A purchase or sale of a significant business or asset has closed. Item 2.01
- Unregistered share sale Item 3.02
- Material agreement signed Item 1.01
- Unregistered share sale Item 3.02
- Material agreement signed Item 1.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.