Addentax Pretax Profit Margin from 2010 to 2024

ATXG Stock  USD 0.56  0.01  1.82%   
Addentax Group's Pretax Profit Margin is decreasing over the last several years with stable swings. Pretax Profit Margin is estimated to finish at -0.57 this year. During the period from 2010 to 2024 Addentax Group Corp Pretax Profit Margin regressed destribution of quarterly values had coefficient of variationof (335.99) and r-value of (0.27). View All Fundamentals
 
Pretax Profit Margin  
First Reported
2010-12-31
Previous Quarter
(0.60)
Current Value
(0.57)
Quarterly Volatility
0.50042976
 
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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 Pretax Profit Margin Growth Pattern

Below is the plot of the Pretax Profit Margin of Addentax Group Corp over the last few years. It is Addentax Group's Pretax Profit Margin 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.
Pretax Profit Margin10 Years Trend
Pretty Stable
   Pretax Profit Margin   
       Timeline  

Addentax Pretax Profit Margin Regression Statistics

Arithmetic Mean(0.15)
Geometric Mean0.13
Coefficient Of Variation(335.99)
Mean Deviation0.32
Median(0.01)
Standard Deviation0.50
Sample Variance0.25
Range1.885
R-Value(0.27)
Mean Square Error0.25
R-Squared0.07
Significance0.33
Slope(0.03)
Total Sum of Squares3.51

Addentax Pretax Profit Margin History

2024 -0.57
2023 -0.6
2022 0.17
2021 0.007997
2019 -0.14
2018 -0.0684
2017 -0.0514

About Addentax Group Financial Statements

Addentax Group stakeholders use historical fundamental indicators, such as Addentax Group's Pretax Profit Margin, 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
Pretax Profit Margin(0.60)(0.57)

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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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.