Addentax (ATXG)
Market Price (9/22/2026): $3.47 | Market Cap: $2.8 MilSector: Industrials | Industry: Air Freight & Logistics
Addentax (ATXG)
Market Price (9/22/2026): $3.47Market Cap: $2.8 MilSector: IndustrialsIndustry: Air Freight & Logistics
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -259% Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 80% Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -65% | Weak multi-year price returns2Y Excs Rtn is -97%, 3Y Excs Rtn is -159% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -1.8 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -23% Stock price has recently run up significantly6M Rtn6 month market price return is 872% Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -2.1%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -3.4% Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -63% High stock price volatilityVol 12M is 1351% Key risksATXG key risks include [1] potential Nasdaq delisting for failing to meet minimum bid price requirements, Show more. |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -259% |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 80% |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -65% |
| Weak multi-year price returns2Y Excs Rtn is -97%, 3Y Excs Rtn is -159% |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -1.8 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -23% |
| Stock price has recently run up significantly6M Rtn6 month market price return is 872% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -2.1%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -3.4% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -63% |
| High stock price volatilityVol 12M is 1351% |
| Key risksATXG key risks include [1] potential Nasdaq delisting for failing to meet minimum bid price requirements, Show more. |
Qualitative Assessment
AI Analysis | Feedback
Addentax (ATXG) stock has lost about 15% since 5/31/2026 because of the following key factors:
1. Persistent Unprofitability Despite Quarterly Revenue Growth. Addentax Group reported a net loss of $4.5 million for fiscal year 2026, which ended on March 31, 2026, representing a 12.3% increase in losses from the prior fiscal year. The diluted earnings per share (EPS) for fiscal year 2026 was a loss of $6.27. While the company reported positive net income of $2.4 million and robust revenue growth of 316.00% in fiscal Q1 2027, which ended June 30, 2026, the trailing twelve months (Q2 FY2026 through Q1 FY2027) still showed an overall net loss of $1.7 million. This continued annual and trailing twelve-month unprofitability likely undermined investor confidence despite the positive quarterly results.
2. Dilutive Capital Raising Activities. Addentax engaged in several capital-raising activities during the period that resulted in stock dilution. On July 27, 2026, the company converted an outstanding loan of approximately $700,000, including interest, into 146,539 shares. Additionally, private placements totaling approximately $4.45 million occurred around July 31 and August 18, 2026, with shares issued at $4.80 per share, contributing to an increased share count. These issuances expanded the number of outstanding shares, which can put downward pressure on the stock price.
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Addentax (ATXG) stock has lost about 15% since 5/31/2026 because of the following key factors:
1. Persistent Unprofitability Despite Quarterly Revenue Growth. Addentax Group reported a net loss of $4.5 million for fiscal year 2026, which ended on March 31, 2026, representing a 12.3% increase in losses from the prior fiscal year. The diluted earnings per share (EPS) for fiscal year 2026 was a loss of $6.27. While the company reported positive net income of $2.4 million and robust revenue growth of 316.00% in fiscal Q1 2027, which ended June 30, 2026, the trailing twelve months (Q2 FY2026 through Q1 FY2027) still showed an overall net loss of $1.7 million. This continued annual and trailing twelve-month unprofitability likely undermined investor confidence despite the positive quarterly results.
2. Dilutive Capital Raising Activities. Addentax engaged in several capital-raising activities during the period that resulted in stock dilution. On July 27, 2026, the company converted an outstanding loan of approximately $700,000, including interest, into 146,539 shares. Additionally, private placements totaling approximately $4.45 million occurred around July 31 and August 18, 2026, with shares issued at $4.80 per share, contributing to an increased share count. These issuances expanded the number of outstanding shares, which can put downward pressure on the stock price.
3. Negative Sentiment from Reverse Stock Split. The company's announcement of a reverse stock split on March 26, 2026, prior to the analysis period, likely continued to impact investor sentiment. Reverse stock splits are often perceived negatively by the market as they can signal underlying financial difficulties or an attempt to meet exchange listing requirements, thereby eroding investor confidence in the company's long-term prospects.
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Stock Movement Drivers
Fundamental Drivers
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Market Drivers
5/31/2026 to 9/21/2026| Return | Correlation | |
|---|---|---|
| ATXG | -15.7% | |
| Market (SPY) | 2.5% | 3.4% |
| Sector (XLI) | -1.8% | -3.7% |
Fundamental Drivers
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Market Drivers
2/28/2026 to 9/21/2026| Return | Correlation | |
|---|---|---|
| ATXG | -31.0% | |
| Market (SPY) | 13.4% | -4.4% |
| Sector (XLI) | -3.8% | -11.3% |
Fundamental Drivers
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Market Drivers
8/31/2025 to 9/21/2026| Return | Correlation | |
|---|---|---|
| ATXG | -58.3% | |
| Market (SPY) | 21.2% | -3.0% |
| Sector (XLI) | 13.0% | -9.8% |
Fundamental Drivers
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Market Drivers
8/31/2023 to 9/21/2026| Return | Correlation | |
|---|---|---|
| ATXG | -88.8% | |
| Market (SPY) | 78.3% | -1.3% |
| Sector (XLI) | 63.6% | -5.5% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| ATXG Return | 0% | -85% | -87% | -57% | -36% | -41% | -100% |
| Peers Return | 63% | -74% | 341% | 77% | -9% | 20% | 266% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 12% | 104% |
Monthly Win Rates [3] | |||||||
| ATXG Win Rate | 0% | 8% | 33% | 25% | 42% | 44% | |
| Peers Win Rate | 53% | 30% | 67% | 50% | 60% | 51% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 44% | |
Max Drawdowns [4] | |||||||
| ATXG Max Drawdown | 0% | -100% | -94% | -67% | -69% | -96% | |
| Peers Max Drawdown | -54% | -76% | -43% | -46% | -52% | -44% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: MSTR, MARA, RIOT, COIN, GIL.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 9/21/2026 (YTD)
How Low Can It Go
| Event | ATXG | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -46.0% | -18.8% |
| % Gain to Breakeven | 85.3% | 23.1% |
| Time to Breakeven | 122 days | 79 days |
| 2024 Yen Carry Trade Unwind | ||
| % Loss | -18.7% | -7.8% |
| % Gain to Breakeven | 23.0% | 8.5% |
| Time to Breakeven | 46 days | 18 days |
In The Past
Addentax's stock fell -46.0% during the 2025 US Tariff Shock. Such a loss loss requires a 85.3% gain to breakeven.
Preserve Wealth
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Asset Allocation
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| Event | ATXG | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -46.0% | -18.8% |
| % Gain to Breakeven | 85.3% | 23.1% |
| Time to Breakeven | 122 days | 79 days |
In The Past
Addentax's stock fell -46.0% during the 2025 US Tariff Shock. Such a loss loss requires a 85.3% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Addentax (ATXG)
Addentax Group Corp. (ATXG) is a diversified service provider primarily operating in the People's Republic of China, with additional operations in the United States. At its core, the company functions as a comprehensive logistics service provider. This includes offering a full spectrum of supply chain solutions such as storage, transportation, warehousing, handling, packaging, and order processing services. Addentax further supports businesses with crucial services like customs declaration and tax clearance, facilitating smoother international and domestic trade.
Beyond its significant logistics segment, Addentax has strategically diversified into several other areas. The company is involved in the manufacturing of garments, contributing to the textile industry's supply chain. Another key segment focuses on public health, where Addentax manufactures, distributes, and trades in various epidemic prevention supplies. This diversification broadens its market reach and operational scope.
Furthermore, Addentax provides specialized property management and shop subleasing services. These services are specifically tailored for garment wholesalers and retailers within the bustling garment markets, offering them essential real estate support. Therefore, Addentax's main products and services span end-to-end logistics, garment manufacturing, epidemic prevention product distribution, and property services, primarily serving businesses in China needing supply chain support, apparel industry players, and retailers, alongside a growing presence in the U.S. market.
AI Analysis | Feedback
It's like a specialized DHL or UPS focusing on logistics for China's garment sector.
Think of it as Amazon's logistics and seller support services, but exclusively for garment businesses in China.
AI Analysis | Feedback
- Garment Manufacturing: The company manufactures various garments.
- Logistics Services: Addentax provides a full suite of logistics services, including storage, transportation, warehousing, packaging, order processing, and customs services.
- Epidemic Prevention Supplies: The company manufactures, distributes, and trades in supplies aimed at preventing epidemics.
- Property Management and Subleasing: Addentax offers shop subleasing and property management services primarily for garment businesses.
AI Analysis | Feedback
Addentax Group Corp. (ATXG) primarily serves other businesses rather than individual consumers. Based on the company description, its major customers fall into the following categories:
- Businesses requiring comprehensive logistics and supply chain services: This includes companies across various industries that utilize Addentax for services such as storage, transportation, warehousing, handling, packaging, order processing, customs declaration, and tax clearance.
- Garment wholesalers and retailers: These businesses are customers for Addentax's property management and shop subleasing services within the garment market. They also represent potential customers for Addentax's garment manufacturing segment.
- Companies involved in the distribution and retail of epidemic prevention supplies: These are customers for Addentax's manufactured, distributed, and traded epidemic prevention supplies. This category likely includes pharmacies, medical supply distributors, and other retail channels.
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Hong Zhida, Chairman, Chief Executive Officer, President and Secretary
Mr. Hong Zhida has served as the Chairman, Chief Executive Officer, President, and Secretary of Addentax Group Corp. since March 10, 2017. He previously held the positions of Chief Financial Officer and Treasurer for the company. Mr. Hong has demonstrated a strong commitment to Addentax, including providing financial support for the company's operations. He has also recently made significant purchases of the company's common stock. In February 2026, he noted that a memorandum of understanding with institutional investors reflected a significant step towards a potential strategic investment in ATXG.
Huang Chao, Chief Financial Officer, Principal Accounting Officer and Treasurer
Mr. Huang Chao serves as the Chief Financial Officer, Principal Accounting Officer, and Treasurer for Addentax Group Corp.. He certified the annually report on Form 10-K for Addentax Group Corp. for the year ended March 31, 2020.
Wu Rui, Chief Operating Officer
Mr. Wu Rui holds the position of Chief Operating Officer at Addentax Group Corp..
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Key Risks to Addentax (ATXG)
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High-Risk Cryptocurrency Acquisition and Potential Shareholder Dilution: Addentax has announced plans to acquire a substantial amount of Bitcoin, with a non-binding term sheet to purchase up to 12,000 Bitcoins, valued at approximately $1.3 billion. This acquisition is proposed to be settled through the issuance of new shares of ATXG common stock, introducing significant shareholder dilution. The transaction carries a high execution risk due to its considerable size and the inherent volatility of the cryptocurrency market. The market has reacted negatively to this news, with the stock experiencing a notable decline upon its announcement.
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Declining Demand and Price Volatility in Epidemic Prevention Supplies: The company's segment for manufacturing, distributing, and trading epidemic prevention supplies likely experienced a surge in demand during the COVID-19 pandemic. As global conditions normalize and the urgency for such supplies diminishes, Addentax faces a significant risk of declining demand, price erosion, and reduced profitability in this segment. The market for personal protective equipment (PPE) has been characterized by unprecedented competition and price fluctuations, and as the pandemic recedes, a sustained high level of demand is unlikely.
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Exposure to Volatile Chinese Markets and Operational Challenges: Addentax's core operations in garment manufacturing, logistics services, and property management and subleasing are primarily based in China, exposing the company to economic slowdowns, intense competition, and evolving regulatory environments within the country. The property management and subleasing segment is particularly vulnerable to the health of the Chinese real estate and garment markets, both of which can be subject to significant volatility and regulatory changes. Furthermore, the garment manufacturing and logistics services segments face ongoing challenges such as rising labor and raw material costs, complex supply chain logistics, and the need for rigorous quality control and compliance in a highly competitive landscape.
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- A significant and sustained decline in demand for epidemic prevention supplies as global health crises recede and markets normalize, impacting the company's epidemic prevention supplies segment.
- The continued and accelerated shift of retail and wholesale operations towards e-commerce platforms, diminishing the demand for physical storefronts and property management services provided by the company's property management and subleasing segment.
AI Analysis | Feedback
Addentax Group Corp. (ATXG) operates within several significant addressable markets across the People's Republic of China and the United States. While specific market sizes for highly niche services like "property management and subleasing for garment wholesalers and retailers" are not readily available, broader categories provide relevant insights into their potential addressable markets.
Garment Manufacturing
- China: The apparel manufacturing market in China was valued at approximately USD 298.3 billion in 2025. The Chinese fashion market is projected to reach approximately USD 319 billion in revenue in 2023 and is expected to grow annually by 4.41% from 2023 to 2027. China's annual clothing retail sales could exceed USD 415 billion by 2025. The China fashion textile market, where apparel is the largest revenue-generating application, generated USD 286,721.9 million in 2022 and is anticipated to reach USD 518,126.9 million by 2030, with a CAGR of 7.7% from 2023 to 2030.
- United States: The U.S. apparel market is the largest globally, with an estimated size of USD 365.70 billion in 2025. The total average reported sales for the U.S. apparel manufacturing sector stand at USD 160 billion. Shipments in the U.S. apparel industry totaled USD 10 billion in 2023. The broader U.S. textile market reached USD 196.0 billion in 2025 and is expected to grow to USD 282.2 billion by 2034.
Logistics Services
- China: The China freight and logistics market size is estimated at USD 1,310.98 billion in 2025 and is projected to reach USD 1,776.48 billion by 2030, with a compound annual growth rate (CAGR) of 6.27% during that period. China's logistics market was valued at over USD 1.7 trillion in 2022. Another source indicates China's total logistics revenue was CNY 12.7 trillion (approximately USD 1.86 trillion) in 2022. The China logistics market is expected to reach a projected revenue of USD 548.5 billion by 2030, growing at a CAGR of 7.3% from 2025 to 2030, with transportation services being the largest segment.
- United States: The United States has one of the world's largest logistics markets, valued at USD 2.58 trillion in 2024. Other estimates place the U.S. logistics market at USD 1.5 trillion based on a five-year historical analysis, and it is anticipated to reach USD 1,997.6 billion in 2025. The U.S. logistics market generated revenue of USD 455.4 billion in 2024 and is expected to reach USD 671.2 billion by 2030, with warehousing and distribution services being a lucrative segment.
Epidemic Prevention Supplies
- China: The China disposable medical supplies market was valued at USD 29,757.47 million in 2023 and is anticipated to reach USD 56,366.49 million by 2032, growing at a CAGR of 7.35%. During the COVID-19 pandemic, China's mask industry experienced explosive growth in 2020, reaching 244.416 billion yuan. From March to the end of 2020, China's customs inspected and exported 438.5 billion yuan worth of major epidemic prevention and control materials.
- United States: The U.S. infection control supplies market was valued at USD 20.8 billion in 2022 and reached USD 22.6 billion in 2025. The U.S. infection control market size is evaluated at USD 52.83 billion in 2024 and is projected to be worth around USD 102.67 billion by 2034. The global infection control supplies market was valued at USD 56.4 billion in 2025, with North America accounting for 42.5% of the market in 2024. The U.S. medical disposables market size was estimated at USD 134.8 billion in 2023.
Property Management and Subleasing (China)
- China: The commercial property management market in China was estimated at RMB 274 billion (approximately USD 38.6 billion based on a 2019 exchange rate) in 2019. The China commercial real estate market size expanded from USD 855.26 billion in 2025 to USD 909.22 billion in 2026 and is projected to reach USD 1,234.6 billion by 2031, growing at a 6.31% CAGR. Retail properties are a segment within the commercial real estate market, which was valued at USD 723.51 billion in 2024.
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Addentax (ATXG) is pivoting its business strategy, with anticipated revenue growth drivers over the next 2-3 years primarily stemming from its ventures into artificial intelligence (AI) and cryptocurrency financial services, alongside strategic acquisitions.
Here are 3-5 expected drivers of future revenue growth:
- Expansion into AI-driven Financial Technology Platforms: A significant driver is the company's plan to scale its AI-driven financial technology platforms. This initiative is expected to be bolstered by a potential US$200 million strategic equity investment from Middle Eastern institutional investors, aimed at supporting business growth in AI and cryptocurrency financial services. This capital is intended to deepen market penetration in high-growth markets like Hong Kong and the Asia-Pacific region.
- Growth in Compliant Cryptocurrency Financial Services: Addentax is focused on expanding its portfolio of compliant cryptocurrency financial services. The potential US$200 million investment is also earmarked for this expansion, including market penetration in Hong Kong and the Asia-Pacific region.
- Strategic Bitcoin Acquisitions and Stablecoin Initiative: The company is actively pursuing the acquisition of up to 12,000 Bitcoins, valued at approximately $1.3 billion, through the issuance of new shares. Furthermore, Addentax is in discussions to launch a sovereign-aligned, regulatory-compliant stablecoin initiative in Southeast Asia. This stablecoin would be fully reserve-backed, independently audited, and reference a diversified basket of assets, supporting cross-border payments, decentralized finance (DeFi) applications, and institutional blockchain use cases.
- Expansion of Garment Trading and Entry into Digital Publishing via Acquisition: Addentax recently acquired a controlling stake in Keemo Fashion Group Limited. This acquisition will expand Addentax's existing garment trading business in China and introduce a new digital publishing business operating a mobile fiction platform with a pay-per-chapter microtransaction model in Malaysia.
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Share Issuance
- Addentax Group Corp. announced a strategic equity investment on February 10, 2026, involving the issuance of 133,333,333 common shares at $1.50 per share, aiming to raise approximately $200 million.
- In July 2025, the company entered a non-binding term sheet to acquire up to 12,000 Bitcoins, with an estimated market value of about US$1.3 billion, which would be settled through the issuance of newly issued common stock.
- The number of shares outstanding for Addentax Group increased by 51.44% in one year.
Inbound Investments
- On February 9, 2026, Addentax entered into memorandums of understanding with two institutional investors, reportedly backed by a Middle Eastern royal family, for a potential strategic equity investment totaling US$200 million.
- Each investor intends to invest up to $100 million by acquiring newly issued shares of common stock at a fixed price of $1.50 per share.
- This potential investment aims to support the company's expansion in artificial intelligence and cryptocurrency financial services, including scaling AI-driven financial technology platforms and deepening market penetration in Hong Kong and the Asia-Pacific region.
Outbound Investments
- Addentax Group Corp. signed a stock purchase agreement on February 17, 2026, to acquire 34,200,000 common shares of Keemo Fashion Group Limited for approximately $5.5 million, which is expected to result in Addentax becoming the controlling shareholder with roughly 62.18% of voting rights.
- The company has a long-term strategy to invest in and hold crypto assets, including discussions in May 2025 and a term sheet in July 2025 for the potential acquisition of up to 12,000 Bitcoins.
Capital Expenditures
- In the last 12 months (prior to March 10, 2026), Addentax Group had capital expenditures of -$201,332.
- Addentax Group invested $149,000 in capital expenditures in Q3 2026, primarily for funding long-term assets and infrastructure. This amount represents a 354.9% increase from the prior quarter.
Peer Outperformance in Air Freight & Logistics
| Ticker | Name | Rev Growth 3Y Avg | P/E | 1Y | 3Y | 5Y | 5Y Gap |
|---|---|---|---|---|---|---|---|
| ATXG | Addentax | 14.8% | -1.7x | -71.8% | -83.3% | -99.7% | — |
| GXO | GXO Logistics | 13.1% | 39.9x | -8.6% | -21.5% | -45.8% | +54pp |
| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Construction & Engineering | 31 | 7.9% | 112.9% | 194.1% | CDNL 2325% · STRL 2283% · FIX 2276% |
| Marine Transportation | 5 | 86.2% | 62.7% | 170.6% | HOS 43742% · MATX 208% · SFL 171% |
| Construction Machinery & Heavy Transportation Equipment | 13 | 9.2% | 57.2% | 128.6% | CAT 365% · ALSN 256% · WAB 236% |
| Aerospace & Defense | 55 | -4.9% | 72.0% | 72.3% | ATI 1053% · FTAI 1029% · HWM 641% |
| Rail Transportation | 7 | 24.8% | 53.7% | 52.4% | FSTR 145% · RAIL 67% · CSX 65% |
| Trading Companies & Distributors | 19 | 4.9% | 40.0% | 50.7% | DXPE 591% · AIT 292% · WCC 224% |
| Industrial Machinery & Supplies & Components | 73 | 7.5% | 52.3% | 38.8% | CRS 1232% · PSIX 1092% · EROC 669% |
| Diversified Support Services | 33 | 13.1% | 34.6% | 37.5% | LIME 3273% · TH 441% · WLFC 363% |
| Cargo Ground Transportation | 16 | 33.1% | 0.6% | 28.9% | XPO 242% · R 240% · CVLG 163% |
| Electrical Components & Equipment | 41 | 5.0% | 60.4% | 25.0% | POWL 2382% · BE 1315% · VRT 950% |
| Passenger Ground Transportation | 3 | -28.1% | 53.6% | 23.4% | UBER 58% · CAR 23% · LYFT -72% |
| Building Products | 33 | -14.4% | 3.6% | 19.6% | LMB 713% · GFF 394% · PPIH 293% |
| Industrial Conglomerates | 17 | 7.3% | 6.7% | 5.4% | RCMT 522% · CSW 139% · DD 75% |
| Agricultural & Farm Machinery | 17 | 4.8% | 3.8% | -6.4% | BLBD 201% · DE 115% · GENC 56% |
| Environmental & Facilities Services | 29 | -10.5% | 18.8% | -7.5% | CECO 947% · ADUR 419% · NVRI 360% |
| Research & Consulting Services | 14 | -13.0% | -21.0% | -12.2% | HURN 213% · CRAI 82% · GRNQ 75% |
| Data Processing & Outsourced Services | 6 | -33.1% | -14.3% | -25.0% | EXLS 44% · BR 10% · G -24% |
| Passenger Airlines | 11 | 8.3% | 21.1% | -27.1% | LTM 3307% · UAL 150% · SKYW 113% |
| Office Services & Supplies | 9 | 5.6% | 12.8% | -34.3% | PBI 179% · TILE 141% · HNI 49% |
| Human Resource & Employment Services | 22 | 6.5% | -15.3% | -37.2% | BBSI 83% · ADP 52% · PAYX 23% |
| Air Freight & Logistics ← | 12 | -22.3% | -21.5% | -40.2% | CHRW 97% · FDX 78% · EXPD 65% |
| Security & Alarm Services | 10 | -21.9% | 31.6% | -42.5% | CIX 167% · MG 132% · BCO 70% |
| Airport Services | 3 | -74.6% | -78.2% | -62.0% | JOBY -34% · ASLE -62% · UP -100% |
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Is Addentax Stock Built to Withstand More Downside? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Research & Analysis
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Peer Comparisons
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Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 35.17 |
| Mkt Cap | 8.5 |
| Rev LTM | 739 |
| Op Inc LTM | -21 |
| FCF LTM | -549 |
| FCF 3Y Avg | -481 |
| CFO LTM | -10 |
| CFO 3Y Avg | -19 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 16.2% |
| Rev Chg 3Y Avg | 27.0% |
| Rev Chg Q | 10.4% |
| QoQ Delta Rev Chg LTM | 2.4% |
| Op Inc Chg LTM | -6.6% |
| Op Inc Chg 3Y Avg | -33.5% |
| Op Mgn LTM | -15.6% |
| Op Mgn 3Y Avg | -19.9% |
| QoQ Delta Op Mgn LTM | -0.5% |
| CFO/Rev LTM | -3.1% |
| CFO/Rev 3Y Avg | -0.7% |
| FCF/Rev LTM | -78.8% |
| FCF/Rev 3Y Avg | -61.8% |
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Logistics services segment | 3 | 4 | 5 | 5 | 5 |
| Property management and subleasing | 1 | 1 | 3 | 4 | 1 |
| Garments manufacturing segment | 0 | 0 | 0 | 3 | 7 |
| Corporate and other | 0 | 0 | 0 | 1 | |
| Epidemic prevention supplies | 12 | ||||
| Total | 4 | 5 | 8 | 13 | 25 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Logistics services segment | 0 | 0 | 0 | 0 | 0 |
| Garments manufacturing segment | -0 | -0 | -0 | 0 | 0 |
| Property management and subleasing | -1 | -0 | 0 | 0 | 0 |
| Corporate and other | -1 | -1 | -1 | -0 | -1 |
| Epidemic prevention supplies | -3 | ||||
| Total | -2 | -1 | -0 | -0 | -4 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Corporate and other | 26 | 27 | 37 | 1 | 2 |
| Property management and subleasing | 20 | 21 | 0 | 8 | 9 |
| Logistics services segment | 3 | 3 | 2 | 3 | 2 |
| Garments manufacturing segment | 0 | 1 | 2 | 2 | 4 |
| Amount due from related party | 0 | ||||
| Epidemic prevention supplies | 0 | ||||
| Total | 49 | 52 | 41 | 13 | 18 |
Price Behavior
| Market Price | $3.50 | |
| Market Cap ($ Bil) | 0.0 | |
| First Trading Date | 03/21/2018 | |
| Distance from 52W High | -79.0% | |
| 50 Days | 200 Days | |
| DMA Price | $3.72 | $4.86 |
| DMA Trend | down | down |
| Distance from DMA | -6.0% | -28.0% |
| 3M | 1YR | |
| Volatility | 114.5% | 1,373.1% |
| Downside Capture | -109.56 | -221.98 |
| Upside Capture | -274.05 | -326.84 |
| Correlation (SPY) | -4.3% | -2.8% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | -2.72 | -0.14 | -0.13 | -6.33 | -3.33 | -0.68 |
| Up Beta | -2.83 | -0.95 | -0.64 | -0.61 | -0.66 | -0.38 |
| Down Beta | 21.51 | 8.86 | 3.00 | 22.70 | 10.04 | 3.05 |
| Up Capture | -377% | -147% | -124% | -152% | -68% | -7% |
| Bmk +ve Days | 10 | 21 | 32 | 68 | 138 | 427 |
| Stock +ve Days | 11 | 21 | 31 | 58 | 112 | 328 |
| Down Capture | -916% | -341% | -115% | -3728% | -879% | -115% |
| Bmk -ve Days | 11 | 21 | 32 | 59 | 113 | 324 |
| Stock -ve Days | 9 | 14 | 26 | 62 | 126 | 396 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with ATXG | |
|---|---|---|---|---|
| ATXG | -55.6% | 1,381.7% | 0.93 | - |
| Sector ETF (XLI) | 12.5% | 17.2% | 0.52 | -10.0% |
| Equity (SPY) | 18.2% | 13.0% | 1.01 | -3.2% |
| Gold (GLD) | 18.8% | 29.3% | 0.59 | 1.8% |
| Commodities (DBC) | 47.0% | 20.6% | 1.76 | 3.6% |
| Real Estate (VNQ) | 5.7% | 13.6% | 0.15 | 2.8% |
| Bitcoin (BTCUSD) | -31.0% | 44.4% | -0.71 | 1.7% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with ATXG | |
|---|---|---|---|---|
| ATXG | -86.3% | 685.4% | 0.26 | - |
| Sector ETF (XLI) | 12.3% | 17.6% | 0.53 | -3.8% |
| Equity (SPY) | 13.1% | 17.2% | 0.58 | 0.0% |
| Gold (GLD) | 18.9% | 18.8% | 0.81 | 2.0% |
| Commodities (DBC) | 11.0% | 19.5% | 0.44 | 3.3% |
| Real Estate (VNQ) | 1.2% | 18.8% | -0.04 | 2.1% |
| Bitcoin (BTCUSD) | 12.5% | 52.6% | 0.42 | 1.6% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with ATXG | |
|---|---|---|---|---|
| ATXG | -63.0% | 685.4% | 0.26 | - |
| Sector ETF (XLI) | 13.4% | 20.0% | 0.59 | -3.8% |
| Equity (SPY) | 15.6% | 17.9% | 0.74 | 0.0% |
| Gold (GLD) | 12.1% | 16.4% | 0.61 | 2.0% |
| Commodities (DBC) | 8.4% | 18.1% | 0.38 | 3.3% |
| Real Estate (VNQ) | 4.9% | 20.7% | 0.20 | 2.1% |
| Bitcoin (BTCUSD) | 62.7% | 66.2% | 1.03 | 1.6% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 6/3/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| SUMMARY STATS | |||
| # Positive | 0 | 0 | 0 |
| # Negative | 0 | 0 | 0 |
| Median Positive | |||
| Median Negative | |||
| Max Positive | |||
| Max Negative | |||
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| SUMMARY STATS | |||
| # Positive | 0 | 0 | 0 |
| # Negative | 0 | 0 | 0 |
| Median Positive | |||
| Median Negative | |||
| Max Positive | |||
| Max Negative | |||
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/14/2026 | 10-Q |
| 03/31/2026 | 06/29/2026 | 10-K |
| 12/31/2025 | 02/13/2026 | 10-Q |
| 09/30/2025 | 11/14/2025 | 10-Q |
| 06/30/2025 | 08/14/2025 | 10-Q |
| 03/31/2025 | 06/30/2025 | 10-K |
| 12/31/2024 | 02/14/2025 | 10-Q |
| 09/30/2024 | 11/14/2024 | 10-Q |
| 06/30/2024 | 08/14/2024 | 10-Q |
| 03/31/2024 | 07/15/2024 | 10-K |
| 12/31/2023 | 02/14/2024 | 10-Q |
| 09/30/2023 | 11/14/2023 | 10-Q |
| 06/30/2023 | 08/14/2023 | 10-Q |
| 03/31/2023 | 06/29/2023 | 10-K |
| 12/31/2022 | 02/14/2023 | 10-Q |
| 09/30/2022 | 11/14/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/14/2026 | 10-Q |
| 03/31/2026 | 06/29/2026 | 10-K |
| 12/31/2025 | 02/13/2026 | 10-Q |
| 09/30/2025 | 11/14/2025 | 10-Q |
| 06/30/2025 | 08/14/2025 | 10-Q |
| 03/31/2025 | 06/30/2025 | 10-K |
| 12/31/2024 | 02/14/2025 | 10-Q |
| 09/30/2024 | 11/14/2024 | 10-Q |
| 06/30/2024 | 08/14/2024 | 10-Q |
| 03/31/2024 | 07/15/2024 | 10-K |
| 12/31/2023 | 02/14/2024 | 10-Q |
| 09/30/2023 | 11/14/2023 | 10-Q |
| 06/30/2023 | 08/14/2023 | 10-Q |
| 03/31/2023 | 06/29/2023 | 10-K |
| 12/31/2022 | 02/14/2023 | 10-Q |
| 09/30/2022 | 11/14/2022 | 10-Q |
| 06/30/2022 | 08/15/2022 | 10-Q |
| 03/31/2022 | 06/23/2022 | 10-K |
| 12/31/2021 | 02/14/2022 | 10-Q |
| 09/30/2021 | 11/19/2021 | 10-Q |
| 06/30/2021 | 08/16/2021 | 10-Q |
| 03/31/2021 | 06/29/2021 | 10-K |
| 12/31/2020 | 02/22/2021 | 10-Q |
| 09/30/2020 | 11/23/2020 | 10-Q |
| 06/30/2020 | 08/14/2020 | 10-Q |
| 03/31/2020 | 06/29/2020 | 10-K |
| 12/31/2019 | 02/14/2020 | 10-Q |
| 09/30/2019 | 11/14/2019 | 10-Q |
Industry Resources
| Industrials Resources |
| IndustryWeek |
| Manufacturing.net |
| Aviation Week |
| Air Freight & Logistics Resources |
| Air Cargo World |
| Logistics Management |
| Journal of Commerce (JOC) |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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