10-K
Annual Report
ADDENTAX GROUP CORP.
CIK: 1650101
File #: 001-41478
Balance Sheet
54 line items · 2 periods
XBRL
| Item | Mar 31, 2024 | Mar 31, 2023 |
|---|---|---|
ASSETS | ||
CURRENT ASSETS | ||
Cash and Cash Equivalents | 816,186 | 562,711 |
Other Current Assets | 2,750,000 | — |
Accounts Receivable | 2,106,451 | 1,858,889 |
Cash and Cash Equivalents | 17,500,000 | 17,718,750 |
Inventory | 63,505 | 285,528 |
Nonrelated Party | 1,922,996 | 959,196 |
Related Party | 3,012,892 | 375,092 |
Hong Zhida | 2,154,759 | — |
Bihua Yang | 858,133 | 375,092 |
Other Non-Operating Current Assets | 1,009,362 | 1,281,075 |
Total current assets | 29,181,392 | 23,041,241 |
NON-CURRENT ASSETS | ||
Property, Plant and Equipment | 568,854 | 649,120 |
Operating Lease Right-of-Use Asset | 19,796,564 | 272,488 |
Other Non-Operating Non-Current Assets | 291,938 | 90,032 |
Other Non-Current Assets | — | 14,750,000 |
Other Non-Operating Non-Current Assets | 2,500,000 | 2,500,000 |
Total non-current assets | 23,157,356 | 18,261,640 |
TOTAL ASSETS | 52,338,748 | 41,302,881 |
Garment Manufacturing Segment - Reportable Subsegments | 1,357,761 | 2,169,973 |
Logistic Services Segment - Reportable Subsegments | 3,231,492 | 2,476,841 |
Property Management and Subleasing - Reportable Subsegments | 20,931,431 | — |
Reportable Subsegments | 25,520,684 | 4,646,814 |
Corporate Segment and Other Operating Segment - Intersubsegment Eliminations | 26,818,064 | 36,656,067 |
LIABILITIES AND EQUITY | ||
CURRENT LIABILITIES | ||
Short-Term Debt | 440,671 | 137,468 |
Accounts Payable | 359,488 | 267,501 |
Other Non-Operating Current Liabilities | 1,146,745 | 2,384,633 |
Other Current Liabilities | 202,567 | 2,152 |
Other Current Liabilities | 1,372,962 | 606,843 |
Operating Lease Liability, Current | 1,059,497 | 127,101 |
Total current liabilities | 4,581,930 | 3,525,698 |
NON-CURRENT LIABILITIES | ||
Long-Term Debt | 2,684,697 | 11,219,519 |
Other Non-Operating Non-Current Liabilities | 287,955 | 2,290,483 |
Operating Lease Liability, Non-Current | 18,737,066 | 145,387 |
Total non-current liabilities | 21,709,718 | 13,655,389 |
TOTAL LIABILITIES | 26,291,648 | 17,181,087 |
EQUITY | ||
Total Stockholders' Equity | 5,384 | 35,455 |
Total Stockholders' Equity | 34,510,869 | 29,528,564 |
Statutory reserve | 37,020 | 28,457 |
Total Stockholders' Equity | (8,569,190) | (5,451,209) |
Total Stockholders' Equity | 63,017 | (19,473) |
Total equity (deficit) | 26,047,100 | 24,121,794 |
Common Stock | 5,384 | 35,455 |
Additional Paid-in Capital | 34,510,869 | 29,528,564 |
Retained Earnings Unrestricted | (8,569,190) | (5,451,209) |
Retained Earnings Statutory Reserve | 37,020 | 28,457 |
AOCI Attributable to Parent | 63,017 | (19,473) |
TOTAL LIABILITIES AND EQUITY | 52,338,748 | 41,302,881 |