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April 2023
March 2023
January 2023
January 2023
September 2022
May 2021
May 2021
June 2020
April 2019
October 2018
Cover - shares | 9 Months Ended | |
---|---|---|
Dec. 31, 2022 | Feb. 14, 2023 | |
Cover [Abstract] | ||
Document Type | 10-Q | |
Amendment Flag | false | |
Document Quarterly Report | true | |
Document Transition Report | false | |
Document Period End Date | Dec. 31, 2022 | |
Document Fiscal Period Focus | Q3 | |
Document Fiscal Year Focus | 2023 | |
Current Fiscal Year End Date | --03-31 | |
Entity File Number | 333-206097 | |
Entity Registrant Name | ADDENTAXGROUP CORP. | |
Entity Central Index Key | 0001650101 | |
Entity Tax Identification Number | 35-2521028 | |
Entity Incorporation, State or Country Code | NV | |
Entity Address, Address Line One | Kingkey100, Block A | |
Entity Address, Address Line Two | Room 4805 | |
Entity Address, Address Line Three | LuohuDistrict | |
Entity Address, City or Town | Shenzhen City | |
Entity Address, Country | CN | |
Entity Address, Postal Zip Code | 518000 | |
City Area Code | +(86) | |
Local Phone Number | 755 86961 405 | |
Title of 12(b) Security | Common Stock | |
Trading Symbol | ATXG | |
Security Exchange Name | NASDAQ | |
Entity Current Reporting Status | Yes | |
Entity Interactive Data Current | Yes | |
Entity Filer Category | Non-accelerated Filer | |
Entity Small Business | true | |
Entity Emerging Growth Company | true | |
Elected Not To Use the Extended Transition Period | false | |
Entity Shell Company | false | |
Entity Common Stock, Shares Outstanding | 35,454,670 |
Please wait while we load the requested 10-Q report or click the link below:
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Compare this 10-Q Quarterly Report to its predecessor by reading our highlights to see what text and tables were removed , added and changed by Addentax Group Corp..
Addentax Group Corp.'s Definitive Proxy Statement (Form DEF 14A) filed after their 2023 10-K Annual Report includes:
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The increase was predominately due to the Company received approximately $20.2 million proceeds from its initial public offering, and the net cash repayment of related party borrowings in current period was approximately $0.5 million less as compared to the nine months ended December 31, 2021.
Despite the various risks and uncertainties associated with the current economy in China, we believe our core strengths will continue to allow us to execute our strategy for long-term sustainable growth in revenue, net income and operating cash flow.
The loss was mainly due to increase in administrative expenses.
We have identified critical accounting policies that, as a result of judgments, uncertainties, uniqueness and complexities of the underlying accounting standards and operation involved could result in material changes to our financial position or results of operations under different conditions or using different assumptions.
The Company applies the following five-step model in order to determine this amount: (i) identification of the promised goods and services in the contract; (ii) determination of whether the promised goods and services are performance obligations, including whether they are distinct in the context of the contract; (iii) measurement of the transaction price, including the constraint on variable consideration; (iv) allocation of the transaction price to the performance obligations; and (v) recognition of revenue when (or as) the Company satisfies each performance obligation.
Revenue is recognized when a...Read more
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Logistics Services Business The business...Read more
The increase of gross profit...Read more
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For our long-term and established...Read more
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11 Revenue generated from our...Read more
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Total general and administrative expenses...Read more
Labor costs for our garment...Read more
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3 Garment Manufacturing Business We...Read more
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We believe outsourcing allows us...Read more
Revenue generated from our garment...Read more
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Revenue generated from our logistic...Read more
If the economic environment becomes...Read more
Total general and administrative expenses...Read more
The decrease of $0.3 million...Read more
Financial Statements, Disclosures and Schedules
Inside this 10-Q Quarterly Report
Material Contracts, Statements, Certifications & more
Addentax Group Corp. provided additional information to their SEC Filing as exhibits
Ticker: ATXG
CIK: 1650101
Form Type: 10-Q Quarterly Report
Accession Number: 0001493152-23-004766
Submitted to the SEC: Tue Feb 14 2023 2:58:50 PM EST
Accepted by the SEC: Tue Feb 14 2023
Period: Saturday, December 31, 2022
Industry: Mailing Reproduction Commercial Art And Photography