Addentax Group Financials
| ATXG Stock | USD 0.66 0.03 4.35% |
Addentax |
Understanding current and past Addentax Group Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Addentax Group's financial statements are interrelated, with each one affecting the others. For example, an increase in Addentax Group's assets may result in an increase in income on the income statement.
Addentax Group Stock Summary
Addentax Group competes with Jayud Global, Freightos Limited, Radiant Logistics, JB Hunt, and Forward Air. Addentax Group Corp., together with its subsidiaries, operates as a logistic service provider in the Peoples Republic of China and the United States. It also manufactures, distributes, and trades in epidemic prevention supplies and offers shop subleasing and property management services for garment wholesalers and retailers in the garment market. Addentax Group operates under Integrated Freight Logistics classification in the United States and is traded on NASDAQ Exchange. It employs 126 people.Specialization | Industrials, Integrated Freight & Logistics |
| Instrument | USA Stock View All |
| Exchange | NASDAQ Exchange |
| ISIN | US00653L2025 |
| CUSIP | 00653L301 00653L202 00653L103 |
| Location | China |
| Business Address | Kingkey 100, Shenzhen, |
| Sector | Air Freight & Logistics |
| Industry | Industrials |
| Benchmark | Dow Jones Industrial |
| Website | www.addentax.com |
| Phone | 86 75 5823 30336 |
| Currency | USD - US Dollar |
Addentax Group Key Financial Ratios
| Return On Equity | -0.0643 | ||||
| Return On Asset | -0.0186 | ||||
| Number Of Employees | 112 | ||||
| Beta | -29.15 |
Addentax Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Addentax Group's current stock value. Our valuation model uses many indicators to compare Addentax Group value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Addentax Group competition to find correlations between indicators driving Addentax Group's intrinsic value. More Info.Addentax Group Corp is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Addentax Group by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Addentax Group Corp Systematic Risk
Addentax Group's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Addentax Group volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was sixty with a total number of output elements of one. The Beta measures systematic risk based on how returns on Addentax Group Corp correlated with the market. If Beta is less than 0 Addentax Group generally moves in the opposite direction as compared to the market. If Addentax Group Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Addentax Group Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Addentax Group is generally in the same direction as the market. If Beta > 1 Addentax Group moves generally in the same direction as, but more than the movement of the benchmark.
About Addentax Group Financials
What exactly are Addentax Group Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Addentax Group's income statement, its balance sheet, and the statement of cash flows. Potential Addentax Group investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Addentax Group investors may use each financial statement separately, they are all related. The changes in Addentax Group's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Addentax Group's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Addentax Group February 3, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Addentax Group help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Addentax Group Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Addentax Group Corp based on widely used predictive technical indicators. In general, we focus on analyzing Addentax Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Addentax Group's daily price indicators and compare them against related drivers.
| Downside Deviation | 5.17 | |||
| Information Ratio | 0.0329 | |||
| Maximum Drawdown | 28.71 | |||
| Value At Risk | (8.33) | |||
| Potential Upside | 10.53 |
Complementary Tools for Addentax Stock analysis
When running Addentax Group's price analysis, check to measure Addentax Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Addentax Group is operating at the current time. Most of Addentax Group's value examination focuses on studying past and present price action to predict the probability of Addentax Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Addentax Group's price. Additionally, you may evaluate how the addition of Addentax Group to your portfolios can decrease your overall portfolio volatility.
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