Addentax Capital Stock from 2010 to 2024

ATXG Stock  USD 0.56  0.01  1.82%   
Addentax Group's Capital Stock is decreasing over the last several years with slightly volatile swings. Capital Stock is predicted to flatten to 5,115. Capital Stock is the total amount of a company's capital funded by shareholders through the issue and subscription of shares. View All Fundamentals
 
Capital Stock  
First Reported
2010-12-31
Previous Quarter
5.4 K
Current Value
5.1 K
Quarterly Volatility
7.9 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Addentax Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Addentax Group's main balance sheet or income statement drivers, such as Discontinued Operations of 0.0, Depreciation And Amortization of 345.4 K or Interest Expense of 0.0, as well as many indicators such as Price To Sales Ratio of 0.74, Dividend Yield of 0.0 or PTB Ratio of 0.16. Addentax financial statements analysis is a perfect complement when working with Addentax Group Valuation or Volatility modules.
  
Check out the analysis of Addentax Group Correlation against competitors.

Latest Addentax Group's Capital Stock Growth Pattern

Below is the plot of the Capital Stock of Addentax Group Corp over the last few years. It is the total amount of a company's capital funded by shareholders through the issue and subscription of shares. Addentax Group's Capital Stock historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Addentax Group's overall financial position and show how it may be relating to other accounts over time.
Capital Stock10 Years Trend
Slightly volatile
   Capital Stock   
       Timeline  

Addentax Capital Stock Regression Statistics

Arithmetic Mean23,520
Geometric Mean21,156
Coefficient Of Variation33.39
Mean Deviation4,872
Median25,346
Standard Deviation7,854
Sample Variance61.7M
Range30.3K
R-Value(0.41)
Mean Square Error55.3M
R-Squared0.17
Significance0.13
Slope(719.34)
Total Sum of Squares863.6M

Addentax Capital Stock History

2024 5114.8
2023 5384.0
202235.5 K
202026.7 K

Other Fundumenentals of Addentax Group Corp

Addentax Group Capital Stock component correlations

0.92-0.130.73-0.820.070.310.550.90.330.990.33-0.020.320.070.760.7-0.27
0.920.040.63-0.61-0.280.070.380.670.040.910.05-0.10.04-0.10.80.74-0.2
-0.130.04-0.020.11-0.58-0.390.03-0.290.19-0.210.19-0.31-0.81-0.19-0.03-0.040.04
0.730.63-0.02-0.540.180.390.550.70.270.740.26-0.160.270.050.880.91-0.71
-0.82-0.610.11-0.54-0.28-0.26-0.51-0.91-0.75-0.76-0.760.04-0.45-0.2-0.39-0.320.1
0.07-0.28-0.580.18-0.280.660.290.450.430.10.390.160.830.23-0.07-0.08-0.1
0.310.07-0.390.39-0.260.660.750.520.240.370.20.30.530.340.260.27-0.27
0.550.380.030.55-0.510.290.750.630.460.550.460.020.190.240.480.43-0.19
0.90.67-0.290.7-0.910.450.520.630.580.890.570.080.580.240.570.53-0.29
0.330.040.190.27-0.750.430.240.460.580.230.98-0.080.240.23-0.05-0.110.01
0.990.91-0.210.74-0.760.10.370.550.890.230.230.040.360.090.790.75-0.31
0.330.050.190.26-0.760.390.20.460.570.980.23-0.080.260.28-0.05-0.110.02
-0.02-0.1-0.31-0.160.040.160.30.020.08-0.080.04-0.080.090.86-0.12-0.120.11
0.320.04-0.810.27-0.450.830.530.190.580.240.360.260.090.170.130.12-0.11
0.07-0.1-0.190.05-0.20.230.340.240.240.230.090.280.860.17-0.05-0.05-0.06
0.760.8-0.030.88-0.39-0.070.260.480.57-0.050.79-0.05-0.120.13-0.050.98-0.47
0.70.74-0.040.91-0.32-0.080.270.430.53-0.110.75-0.11-0.120.12-0.050.98-0.63
-0.27-0.20.04-0.710.1-0.1-0.27-0.19-0.290.01-0.310.020.11-0.11-0.06-0.47-0.63
Click cells to compare fundamentals

About Addentax Group Financial Statements

Addentax Group stakeholders use historical fundamental indicators, such as Addentax Group's Capital Stock, to determine how well the company is positioned to perform in the future. Although Addentax Group investors may analyze each financial statement separately, they are all interrelated. For example, changes in Addentax Group's assets and liabilities are reflected in the revenues and expenses on Addentax Group's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Addentax Group Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Capital Stock5.4 K5.1 K

Currently Active Assets on Macroaxis

When determining whether Addentax Group Corp is a strong investment it is important to analyze Addentax Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Addentax Group's future performance. For an informed investment choice regarding Addentax Stock, refer to the following important reports:
Check out the analysis of Addentax Group Correlation against competitors.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Air Freight & Logistics space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Addentax Group. If investors know Addentax will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Addentax Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.34)
Earnings Share
(0.70)
Revenue Per Share
1.037
Quarterly Revenue Growth
(0.19)
Return On Assets
(0.02)
The market value of Addentax Group Corp is measured differently than its book value, which is the value of Addentax that is recorded on the company's balance sheet. Investors also form their own opinion of Addentax Group's value that differs from its market value or its book value, called intrinsic value, which is Addentax Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Addentax Group's market value can be influenced by many factors that don't directly affect Addentax Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Addentax Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Addentax Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Addentax Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.