10-Q
Quarterly Report
ADDENTAX GROUP CORP.
ATXG
NASDAQ
CIK: 1650101
File #: 333-206097
Balance Sheet
54 line items · 2 periods
XBRL
| Item | Sep 30, 2023 | Mar 31, 2023 |
|---|---|---|
ASSETS | ||
CURRENT ASSETS | ||
Cash and Cash Equivalents | 1,744,275 | 562,711 |
Other Current Assets | 3,250,000 | — |
Accounts Receivable | 2,061,039 | 1,858,889 |
Cash and Cash Equivalents | — | 17,718,750 |
Inventory | 250,373 | 285,528 |
Other Non-Operating Current Assets | 19,239,836 | 959,196 |
Other Non-Operating Current Assets | 2,097,539 | 1,281,075 |
Related Party | 1,561,079 | 375,092 |
Zhida Hong | 1,045,362 | — |
Bihua Yang | 515,717 | 375,092 |
Total current assets | 30,204,141 | 23,041,241 |
NON-CURRENT ASSETS | ||
Property, Plant and Equipment | 620,584 | 649,120 |
Other Non-Operating Non-Current Assets | 254,406 | 90,032 |
Restricted cash | — | 14,750,000 |
Other Non-Operating Non-Current Assets | 2,500,000 | 2,500,000 |
Operating Lease Right-of-Use Asset | 19,715,168 | 272,488 |
Total non-current assets | 23,090,158 | 18,261,640 |
TOTAL ASSETS | 53,294,299 | 41,302,881 |
Reportable Legal Entities - Garment Manufacturing Segment | 2,699,573 | 2,169,973 |
Reportable Legal Entities - Logistic Services Segment | 2,581,661 | 2,476,841 |
Reportable Legal Entities - Property Management And Subleasing | 20,670,159 | — |
Reportable Legal Entities | 25,951,393 | 4,646,814 |
Corporate, Non-Segment | 27,342,906 | 36,656,067 |
LIABILITIES AND EQUITY | ||
CURRENT LIABILITIES | ||
Short-Term Debt | 129,785 | 137,468 |
Accounts Payable | 320,622 | 267,501 |
Related Party | 2,138,917 | 2,384,633 |
Other Current Liabilities | 74,176 | 2,152 |
Other Current Liabilities | 1,194,694 | 606,843 |
Operating Lease Liability, Current | 1,053,180 | 127,101 |
Total current liabilities | 4,911,374 | 3,525,698 |
NON-CURRENT LIABILITIES | ||
Long-Term Debt | 2,583,324 | 11,219,519 |
Other Non-Operating Non-Current Liabilities | 292,984 | 2,290,483 |
Operating Lease Liability, Non-Current | 18,661,988 | 145,387 |
Total non-current liabilities | 21,538,296 | 13,655,389 |
TOTAL LIABILITIES | 26,449,670 | 17,181,087 |
EQUITY | ||
Total Stockholders' Equity | 4,495 | 35,455 |
Total Stockholders' Equity | 33,558,928 | 29,528,564 |
Total Stockholders' Equity | (6,817,530) | (5,451,209) |
Statutory reserve | 28,457 | 28,457 |
Total Stockholders' Equity | 70,279 | (19,473) |
Total equity | 26,844,629 | 24,121,794 |
Common Stock | 4,495 | 35,455 |
Additional Paid-in Capital | 33,558,928 | 29,528,564 |
Retained Earnings Unrestricted | (6,817,530) | (5,451,209) |
Retained Earnings Statutory Reserve | 28,457 | 28,457 |
AOCI Attributable to Parent | 70,279 | (19,473) |
TOTAL LIABILITIES AND EQUITY | 53,294,299 | 41,302,881 |