Company Analysis

Addentax Group Corp. (ATXG)

Nasdaq: ATXG · Services-Mailing, Reproduction, Commercial Art & Photography · Shenzhen City, CN · filing with the SEC since 2015
Grade3.0
◀ Past 2.7● Present 2.2▶ Future 4.4
2 est.

The grade of Addentax Group Corp.

Nine metrics read from its own filings, by tense
Headline grade
3.0/10
◀ Past2.730% of the headline
● Present2.240% of the headline
▶ Future4.430% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 7 read as filed from the record and 2 are SI estimates, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

2.7/1030% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
0.4/10

Has it survived what it has been through?

25 warning events since 2017; the latest 2026-03-25.

weight 33% of this tense · 4th percentile among 35 sector filers · read for itself

From the record

Addentax Group Corp.'s filings since 2017 show 25 warning events of 4 kinds: a notice about its exchange listing (8-K item 3.01, 7 times, the latest 2025-12-04); a warning not to rely on past financial statements (8-K item 4.02, the latest 2018-10-26); an auditor change (8-K item 4.01, 6 times, the latest 2026-03-25); a late-report notice (Form NT 10-K or NT 10-Q, 11 times, the latest 2024-06-28) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
1.1/10

What has it actually done, year after year?

-10.8% a year over 9 filed years; profitable in 2 of 9.

weight 45% of this tense · 11th percentile among 34 sector filers · read for its customers

From the record

Addentax Group Corp.'s 9 filed years say what it did: revenue went from $13 million in fiscal 2018 to $5 million in fiscal 2026, down 10.8% a year; it rose in 3 of 8 years; the deepest fall was 83% from fiscal 2021 to fiscal 2025; net income was positive in 2 of 9 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span-10.8%bottom 7% of its family
  • the share of years revenue rosebottom 12% of its family
  • the share of filed years with a profitbottom 18% of its family
  • the deepest fall from a revenue peak83.1%bottom 7% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
9.6/10

How has it treated the people who own it?

SI estimate 9.6/10, confidence 35 of 100 (one part).

weight 22% of this tense · 96th percentile among 35 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the top 4% of 35 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 35 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Addentax Group Corp.'s shareholder treatment is put at 9.6 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the top 4% of 35 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

2.2/1040% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
3.1/10

Is it financially healthy right now?

ROE -20%: lost 20¢ per shareholder dollar. Leverage 25%: owes 25¢ per asset dollar.

weight 33% of this tense · 32nd percentile among 35 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2026-03-31, Addentax Group Corp. lost about 20 cents for every dollar of shareholders' money, and gross profitability: its products earned about 3 cents per dollar of everything the company owns. Leverage: it owed about 25 cents per dollar of assets, and net share issuance: its share count grew 78.5% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 16% of its family
  • return on equitybottom 20% of its family
  • gross profit against assetsbottom 6% of its family
  • the share count against the year beforebottom 16% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
1.1/10

How strong is its position in its industry?

bottom 11% of 35 in its family; net margin -83.2%.

weight 45% of this tense · 11th percentile among 35 sector filers · read for its customers

From the record

Addentax Group Corp.'s standing among 35 graded names in its industry family: revenue of $5 million in fiscal 2026 ranks in the bottom 11% by size; a net margin of -83.2% ranks in the bottom 13%; revenue growth of -12.2% a year over the last 3 filed years ranks in the bottom 7% (its annual reports).

What it rests on

  • revenue against the family$5.4Mbottom 11% of its family
  • net margin-83.2%bottom 13% of its family
  • three-year revenue growth-12.2%bottom 7% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
3.0/10

What are the people in charge doing?

SI estimate 3.0/10, confidence 35 of 100 (one part).

weight 22% of this tense · 30th percentile among 23 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, officer and director changes on Form 8-K over three years, against the people in charge, which ranks in the bottom 30% of 23 in its family; the record of its people begins on 2024-05-24 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 2.5 years and cannot see past it; a floor under five years is not read as years in charge.
What the record cannot read
The record of its people begins on 2024-05-24 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 2.5 years and cannot see past it; a floor under five years is not read as years in charge.
How it was reasoned
one part: officer and director changes on Form 8-K, against the people in charge, the one part on file, ranked among 23 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Addentax Group Corp.'s leadership is put at 3.0 of 10 with a confidence of 35 of 100, because read from one part only, officer and director changes on Form 8-K over three years, against the people in charge, which ranks in the bottom 30% of 23 in its family; the record of its people begins on 2024-05-24 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 2.5 years and cannot see past it; a floor under five years is not read as years in charge. A filing that carries the missing parts replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

4.4/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
2.8/10

How much room does it have to grow?

bottom 28% of 35 in its family for room to expand.

weight 33% of this tense · 28th percentile among 35 sector filers · read for itself

From the record

Addentax Group Corp.'s room to grow, from the newest filed statements (fiscal 2026): cash of $574 thousand against no long-term debt tagged leaves 2% of its assets as net cash, top 43% of its family; cash from operations less capital spending is -14.6% of revenue (bottom 16%); a gross margin of 14.1% (bottom 10%) (its annual report).

What it rests on

  • cash less debt against assets2.0%top 43% of its family
  • cash from operations less capital spending against revenue-14.6%bottom 16% of its family
  • gross margin14.1%bottom 10% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
5.6/10

What could actually drive growth from here?

top 44% of 34 in its family for growth drivers.

weight 45% of this tense · 56th percentile among 34 sector filers · read for its customers

From the record

Addentax Group Corp.'s growth drivers, from the filed years to fiscal 2026: revenue grew -12.2% a year over the last three filed years against -10.8% over all 9, slowing (bottom 37% of its family); the newest year grew 28.5% (top 19%); capital spending grew -2.2% a year (top 50%) (its annual reports). Addentax Group Corp. reported 3 product lines in fiscal 2026: Logistics Service at $3 million (59%), Consulting Service at $2 million (40%), Garment Manufacturing Business at $41 thousand (1%); 1 of 2 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-1.4 points a yearbottom 37% of its family
  • the newest year's revenue growth28.5%top 19% of its family
  • three-year growth of capital spending-2.2%top 50% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
4.4/10

Did its newest year beat what its own record pointed to?

bottom 44% of 29 in its family for expectations against reality.

weight 22% of this tense · 44th percentile among 29 sector filers · read for its shareholders

From the record

Addentax Group Corp.'s newest year against its own record: revenue of $5 million in fiscal 2026 came in 77% above the $3 million its prior three years' pace pointed to (top 9% of its family); net income of $4 million against a prior three-year average of $2 million (bottom 29%); a net margin of -83.2% against -55.2% before (bottom 12%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace77.0%top 9% of its family
  • net income against the prior three years' average-95%bottom 29% of its family
  • net margin against its prior average-28.0 pointsbottom 12% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton ATXG · research, not advice