Addentax Historical Income Statement
| ATXG Stock | USD 0.55 0.02 3.51% |
Historical analysis of Addentax Group income statement accounts such as Depreciation And Amortization of 345.4 K, Interest Expense of 0.0 or Selling General Administrative of 293.3 K can show how well Addentax Group Corp performed in making a profits. Evaluating Addentax Group income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Addentax Group's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Addentax Group Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Addentax Group Corp is a good buy for the upcoming year.
Addentax |
About Addentax Income Statement Analysis
Addentax Group Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Addentax Group shareholders. The income statement also shows Addentax investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Addentax Group Income Statement Chart
Add Fundamental
Cost Of Revenue
Cost of Revenue is found on Addentax Group Corp income statement and represents the costs associated with goods and services Addentax Group provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Most accounts from Addentax Group's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Addentax Group Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Addentax Group Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. At this time, Addentax Group's Net Income From Continuing Ops is most likely to decrease significantly in the upcoming years. The Addentax Group's current EBITDA is estimated to increase to about 928.1 K, while Selling General Administrative is projected to decrease to roughly 293.3 K.
Addentax Group income statement Correlations
Click cells to compare fundamentals
Addentax Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Addentax Group income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 34.8K | 101.0K | 132.2K | 344.9K | 328.9K | 345.4K | |
| Interest Expense | 11.4K | 20.7K | 19.1K | 9.9K | 1.5M | 3.7M | |
| Selling General Administrative | 1.9M | 2.2M | 2.0M | 1.9M | 2.2M | 2.1M | |
| Total Revenue | 10.0M | 10.2M | 24.7M | 12.7M | 7.9M | 5.2M | |
| Gross Profit | 1.3M | 1.4M | (1.2M) | 2.1M | 1.8M | 1.1M | |
| Other Operating Expenses | 10.7M | 11.0M | 28.3M | 12.7M | 8.4M | 6.3M | |
| Operating Income | (683.1K) | (864.3K) | (3.6M) | 111.4K | 2.8M | (1.1M) | |
| Net Income From Continuing Ops | (694.3K) | (1.5M) | (3.6M) | 78.0K | 1.3M | (3.1M) | |
| Ebit | (674.4K) | (864.3K) | (3.5M) | 111.4K | 2.8M | 555.0K | |
| Ebitda | (829.5K) | (3.4M) | 243.5K | 3.2M | 883.9K | 928.1K | |
| Cost Of Revenue | 8.7M | 8.8M | 25.9M | 10.6M | 6.1M | 4.0M | |
| Total Operating Expenses | 2.0M | 2.2M | 2.4M | 2.1M | 2.3M | 2.0M | |
| Income Before Tax | (685.8K) | (1.4M) | (3.6M) | 101.5K | 1.3M | (3.1M) | |
| Total Other Income Expense Net | 8.8K | (575.2K) | 43.9K | 158.5K | 1.8M | (2.0M) | |
| Net Income Applicable To Common Shares | (694.3K) | (980.6K) | (3.6M) | 78.0K | 50.6K | 53.2K | |
| Net Income | (694.3K) | (1.5M) | (3.6M) | 78.0K | 1.3M | (3.1M) | |
| Income Tax Expense | 8.6K | 16.1K | 25.9K | 23.5K | 22.1K | 11.6K | |
| Tax Provision | 16.1K | 25.9K | 23.5K | 22.1K | 11.6K | 17.5K | |
| Selling And Marketing Expenses | 13.4K | 413.7K | 206.3K | 78.8K | 130.6K | 139.2K | |
| Reconciled Depreciation | 114.4K | 101.0K | 157.6K | 344.9K | 328.9K | 200.2K | |
| Net Interest Income | (20.7K) | (18.9K) | (2.1K) | (1.5M) | (3.6M) | (3.5M) |
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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Addentax Group Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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.