ATXG
ATXG
Addentax Group Corp.Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q4-2025 | $2.75M ▲ | $701.76K ▲ | $222.33K ▲ | 8.09% ▲ | $0.28 ▲ | $291.45K ▲ |
| Q3-2025 | $975.82K ▲ | $363.71K ▼ | $-4.2M ▼ | -430.02% ▼ | $-6.75 ▼ | $-4.14M ▼ |
| Q2-2025 | $820.69K ▼ | $675K ▲ | $-831.72K ▼ | -101.34% ▼ | $-1.65 ▼ | $-776.56K ▼ |
| Q1-2025 | $980.95K ▲ | $633.27K ▼ | $-392.44K ▲ | -40.01% ▲ | $-0.91 ▲ | $599.97K ▲ |
| Q4-2024 | $929.04K | $706.04K | $-2.07M | -222.36% | $-5.1 | $-1.54M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q4-2025 | $12.57M ▼ | $29.25M ▲ | $7.57M ▲ | $21.8M ▲ |
| Q3-2025 | $17.75M ▼ | $28.25M ▲ | $6.62M ▲ | $21.63M ▼ |
| Q2-2025 | $17.96M ▼ | $28.21M ▼ | $2.33M ▼ | $25.87M ▲ |
| Q1-2025 | $17.99M ▲ | $48.98M ▼ | $23.82M ▼ | $25.16M ▲ |
| Q4-2024 | $17.82M | $49.17M | $27.44M | $21.73M |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q4-2025 | $3.96M ▲ | $478.77K ▲ | $-15.77K ▼ | $-128.08K ▼ | $335.8K ▲ | $447.14K ▲ |
| Q3-2025 | $-3.47M ▼ | $-114.86K ▲ | $-9.07K ▲ | $-82.06K ▼ | $-207.26K ▲ | $-147.67K ▲ |
| Q2-2025 | $-831.86K ▼ | $-661.44K ▼ | $-192.55K ▼ | $810.57K ▲ | $-1.46M ▼ | $-700.03K ▼ |
| Q1-2025 | $-392.44K ▲ | $-306.07K ▼ | $-79.45K ▼ | $553.82K ▲ | $165.76K ▲ | $-383.93K ▼ |
| Q4-2024 | $-2.07M | $13.62K | $-52.07K | $-115.8K | $-155.13K | $-38.45K |
Revenue by Products
| Product | Q2-2023 | Q3-2023 | Q1-2025 | Q2-2025 |
|---|---|---|---|---|
Reportable Subsegments | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
Garment Manufacturing Segment | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
Property Management and Subleasing | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
Revenue by Geography
| Region | Q1-2025 | Q2-2025 | Q3-2025 | Q4-2025 |
|---|---|---|---|---|
CHINA | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
5-Year Trend Analysis
A comprehensive look at Addentax Group Corp.'s financial evolution and strategic trajectory over the past five years.
The main strengths are a relatively strong and lightly leveraged balance sheet, high short-term liquidity, and an ambitious, clearly articulated plan to pivot into AI, fintech, and digital assets. The company is attempting to position itself at the intersection of logistics, lending, wealth management, and crypto, which, if successful, could tap into multiple high-growth areas. Low debt gives it financial flexibility, and proposed strategic investors and acquisitions could bring technology, clients, and capital in one sweep.
Key risks are substantial operating losses, thin gross margins, and a lack of demonstrated cash generation. The strategy relies heavily on unproven or incomplete acquisitions and on navigating complex fintech and crypto regulations. The large goodwill balance, negative retained earnings, and absence of clear R&D investment all add uncertainty about long-term value creation. Execution risk is extremely high: integrating many moving parts, complying with regulators, and winning market share against entrenched competitors are all challenging tasks.
Looking ahead, the company appears to be at a crossroads: financially fragile on the income and cash flow sides but with a balance sheet that still offers some room to maneuver. The outlook depends far more on strategic execution than on current fundamentals. If ATXG can close its key deals, secure the planned strategic funding, and turn its AI and crypto initiatives into functioning, compliant businesses that generate real revenue and cash, its profile could change dramatically. Until then, the picture is one of significant promise paired with equally significant uncertainty and downside risk.
About Addentax Group Corp.
https://www.addentax.comAddentax Group Corp., along with its various divisions, functions as a diversified logistics solutions provider with operations spanning both the People's Republic of China and the United States. The company's business activities are structured into four principal segments: Garment Manufacturing, Logistics Services, Property Management and Subleasing, and Epidemic Prevention Supplies.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q4-2025 | $2.75M ▲ | $701.76K ▲ | $222.33K ▲ | 8.09% ▲ | $0.28 ▲ | $291.45K ▲ |
| Q3-2025 | $975.82K ▲ | $363.71K ▼ | $-4.2M ▼ | -430.02% ▼ | $-6.75 ▼ | $-4.14M ▼ |
| Q2-2025 | $820.69K ▼ | $675K ▲ | $-831.72K ▼ | -101.34% ▼ | $-1.65 ▼ | $-776.56K ▼ |
| Q1-2025 | $980.95K ▲ | $633.27K ▼ | $-392.44K ▲ | -40.01% ▲ | $-0.91 ▲ | $599.97K ▲ |
| Q4-2024 | $929.04K | $706.04K | $-2.07M | -222.36% | $-5.1 | $-1.54M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q4-2025 | $12.57M ▼ | $29.25M ▲ | $7.57M ▲ | $21.8M ▲ |
| Q3-2025 | $17.75M ▼ | $28.25M ▲ | $6.62M ▲ | $21.63M ▼ |
| Q2-2025 | $17.96M ▼ | $28.21M ▼ | $2.33M ▼ | $25.87M ▲ |
| Q1-2025 | $17.99M ▲ | $48.98M ▼ | $23.82M ▼ | $25.16M ▲ |
| Q4-2024 | $17.82M | $49.17M | $27.44M | $21.73M |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q4-2025 | $3.96M ▲ | $478.77K ▲ | $-15.77K ▼ | $-128.08K ▼ | $335.8K ▲ | $447.14K ▲ |
| Q3-2025 | $-3.47M ▼ | $-114.86K ▲ | $-9.07K ▲ | $-82.06K ▼ | $-207.26K ▲ | $-147.67K ▲ |
| Q2-2025 | $-831.86K ▼ | $-661.44K ▼ | $-192.55K ▼ | $810.57K ▲ | $-1.46M ▼ | $-700.03K ▼ |
| Q1-2025 | $-392.44K ▲ | $-306.07K ▼ | $-79.45K ▼ | $553.82K ▲ | $165.76K ▲ | $-383.93K ▼ |
| Q4-2024 | $-2.07M | $13.62K | $-52.07K | $-115.8K | $-155.13K | $-38.45K |
Revenue by Products
| Product | Q2-2023 | Q3-2023 | Q1-2025 | Q2-2025 |
|---|---|---|---|---|
Reportable Subsegments | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
Garment Manufacturing Segment | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
Property Management and Subleasing | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
Revenue by Geography
| Region | Q1-2025 | Q2-2025 | Q3-2025 | Q4-2025 |
|---|---|---|---|---|
CHINA | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
5-Year Trend Analysis
A comprehensive look at Addentax Group Corp.'s financial evolution and strategic trajectory over the past five years.
The main strengths are a relatively strong and lightly leveraged balance sheet, high short-term liquidity, and an ambitious, clearly articulated plan to pivot into AI, fintech, and digital assets. The company is attempting to position itself at the intersection of logistics, lending, wealth management, and crypto, which, if successful, could tap into multiple high-growth areas. Low debt gives it financial flexibility, and proposed strategic investors and acquisitions could bring technology, clients, and capital in one sweep.
Key risks are substantial operating losses, thin gross margins, and a lack of demonstrated cash generation. The strategy relies heavily on unproven or incomplete acquisitions and on navigating complex fintech and crypto regulations. The large goodwill balance, negative retained earnings, and absence of clear R&D investment all add uncertainty about long-term value creation. Execution risk is extremely high: integrating many moving parts, complying with regulators, and winning market share against entrenched competitors are all challenging tasks.
Looking ahead, the company appears to be at a crossroads: financially fragile on the income and cash flow sides but with a balance sheet that still offers some room to maneuver. The outlook depends far more on strategic execution than on current fundamentals. If ATXG can close its key deals, secure the planned strategic funding, and turn its AI and crypto initiatives into functioning, compliant businesses that generate real revenue and cash, its profile could change dramatically. Until then, the picture is one of significant promise paired with equally significant uncertainty and downside risk.

CEO
Hong Zhida
Compensation Summary
(Year 2025)
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2026-03-30 | Reverse | 1:15 |
| 2023-06-30 | Reverse | 1:10 |
Ratings Snapshot
Rating : C+

