10-K/A Filing

ADDENTAX GROUP CORP. CIK: 1650101 FY 2017

Filing Information

Form Type	10-K/A
Accession Number	`0001493152-18-013572`
Period End Date	20180331
Filing Date	20180921
Fiscal Year	2017
Fiscal Period	FY
XBRL Instance	atxg-20180331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 63 Income Statement 34 Cash Flow Statement 63 Stockholders Equity 13

Balance Sheet 63 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	506.92M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	500.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$264.81K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	506.92M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	500.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$176.91K	USD	Point-in-time
Accounts receivables, net	`AccountsReceivableNetCurrent`	$4.78M	USD	Point-in-time
Accounts receivables, net	`AccountsReceivableNetCurrent`	$3.42M	USD	Point-in-time
Inventories, net	`InventoryNet`	$445.44K	USD	Point-in-time
Inventories, net	`InventoryNet`	$239.23K	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$1.11M	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$2.01M	USD	Point-in-time
Advances to suppliers	`Supplies`	$322.56K	USD	Point-in-time
Advances to suppliers	`Supplies`	$266.38K	USD	Point-in-time
Amounts due from related parties	`DueFromRelatedPartiesCurrent`	$127.55K	USD	Point-in-time
Amounts due from related parties	`DueFromRelatedPartiesCurrent`	$202.43K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$6.39M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$6.95M	USD	Point-in-time
Plant and equipment, net	`PropertyPlantAndEquipmentNet`	$663.20K	USD	Point-in-time
Plant and equipment, net	`PropertyPlantAndEquipmentNet`	$648.54K	USD	Point-in-time
Goodwill	`Goodwill`	$929.66K	USD	Point-in-time
Goodwill	`Goodwill`	$475.00K	USD	Point-in-time
Goodwill	`Goodwill`	$929.66K	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$1.59M	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$1.12M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$7.52M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$8.55M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.55M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.61M	USD	Point-in-time
Amount due to related parties	`DueToRelatedPartiesCurrent`	$5.32M	USD	Point-in-time
Amount due to related parties	`DueToRelatedPartiesCurrent`	$2.91M	USD	Point-in-time
Advances from customers	`CustomerAdvancesCurrent`	$1.56M	USD	Point-in-time
Advances from customers	`CustomerAdvancesCurrent`	$1.05M	USD	Point-in-time
Accrued expenses and other payables	`AccruedLiabilitiesAndOtherLiabilities`	$199.28K	USD	Point-in-time
Accrued expenses and other payables	`AccruedLiabilitiesAndOtherLiabilities`	$185.85K	USD	Point-in-time
Payable for acquisition of business	`BusinessCombinationContingentConsiderationLiabilityCurrent`	$3.03M	USD	Point-in-time
Payable for acquisition of business	`BusinessCombinationContingentConsiderationLiabilityCurrent`	-	USD	Point-in-time
Income tax payable	`TaxesPayableCurrent`	$6.06K	USD	Point-in-time
Income tax payable	`TaxesPayableCurrent`	$723.00	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$8.79M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$8.62M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$8.62M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$8.79M	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES	`CommitmentsAndContingencies`	-	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock ($0.001 par value, 506,920,000 shares issued and outstanding for the year ended March 31, 2018 and $0.001 par value, 500,000,000 shares issued and outstanding for the year ended March 31, 2017)	`CommonStockValue`	$506.92K	USD	Point-in-time
Common stock ($0.001 par value, 506,920,000 shares issued and outstanding for the year ended March 31, 2018 and $0.001 par value, 500,000,000 shares issued and outstanding for the year ended March 31, 2017)	`CommonStockValue`	$500.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$-413.60K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$-420.52K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$-1.08M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$-371.80K	USD	Point-in-time
Statutory reserve	`StatutoryReserve`	$21.54K	USD	Point-in-time
Statutory reserve	`StatutoryReserve`	$21.54K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-131.67K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$19.88K	USD	Point-in-time
Total equity	`StockholdersEquity`	$107.94K	USD	Point-in-time
Total equity	`StockholdersEquity`	$-243.98K	USD	Point-in-time
Total equity	`StockholdersEquity`	$-1.10M	USD	Point-in-time
TOTAL LIABILITIES AND EQUITY	`LiabilitiesAndStockholdersEquity`	$8.55M	USD	Point-in-time
TOTAL LIABILITIES AND EQUITY	`LiabilitiesAndStockholdersEquity`	$7.52M	USD	Point-in-time

Income Statement 34 line items

Line Item	Tag	Value	Unit	Period
REVENUES	`Revenues`	$13.44M	USD	Annual
REVENUES	`Revenues`	$5.34M	USD	Annual
COST OF REVENUES	`CostOfRevenue`	$5.08M	USD	Annual
COST OF REVENUES	`CostOfRevenue`	$12.00M	USD	Annual
GROSS PROFIT	`GrossProfit`	$256.02K	USD	Annual
GROSS PROFIT	`GrossProfit`	$1.44M	USD	Annual
Selling and marketing	`SellingAndMarketingExpense`	$7.70K	USD	Annual
Selling and marketing	`SellingAndMarketingExpense`	$25.43K	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$1.67M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$622.54K	USD	Annual
Total operating expenses	`OperatingExpenses`	$630.24K	USD	Annual
Total operating expenses	`OperatingExpenses`	$1.70M	USD	Annual
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-374.22K	USD	Annual
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-255.95K	USD	Annual
IMPAIRMENT LOSS ON GOODWILL	`GoodwillImpairmentLoss`	-	USD	Annual
IMPAIRMENT LOSS ON GOODWILL	`GoodwillImpairmentLoss`	$454.66K	USD	Annual
OTHER INCOME, NET	`OtherNonoperatingIncomeExpense`	$20.56K	USD	Annual
OTHER INCOME, NET	`OtherNonoperatingIncomeExpense`	$16.00K	USD	Annual
LOSS BEFORE INCOME TAX EXPENSE	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-690.05K	USD	Annual
LOSS BEFORE INCOME TAX EXPENSE	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-358.23K	USD	Annual
INCOME TAX EXPENSE	`IncomeTaxExpenseBenefit`	$19.34K	USD	Annual
INCOME TAX EXPENSE	`IncomeTaxExpenseBenefit`	$13.58K	USD	Annual
NET LOSS	`NetIncomeLoss`	$-371.80K	USD	3 Qtrs
NET LOSS	`NetIncomeLoss`	$-709.40K	USD	Annual
NET LOSS	`NetIncomeLoss`	$-371.80K	USD	Annual
Foreign currency translation (loss) gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$19.88K	USD	Annual
Foreign currency translation (loss) gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-151.56K	USD	Annual
Foreign currency translation (loss) gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$19.88K	USD	3 Qtrs
TOTAL COMPREHENSIVE LOSS	`ComprehensiveIncomeNetOfTax`	$-351.92K	USD	Annual
TOTAL COMPREHENSIVE LOSS	`ComprehensiveIncomeNetOfTax`	$-860.95K	USD	Annual
Basic and diluted	`EarningsPerShareBasicAndDiluted`	-	USD	Annual
Basic and diluted	`EarningsPerShareBasicAndDiluted`	-	USD	Annual
Weighted average number of shares outstanding Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	506.92M	shares	Annual
Weighted average number of shares outstanding Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	500.00M	shares	Annual

Cash Flow Statement 63 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-371.80K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-709.40K	USD	Annual
Net loss	`NetIncomeLoss`	$-371.80K	USD	Annual
Depreciation	`Depreciation`	$111.74K	USD	Annual
Depreciation	`Depreciation`	$34.91K	USD	Annual
Loss from disposal of plant and equipment	`GainLossOnDispositionOfAssets1`	-	USD	Annual
Loss from disposal of plant and equipment	`GainLossOnDispositionOfAssets1`	$-6.13K	USD	Annual
Allowance for obsolete inventories	`InventoryWriteDown`	-	USD	Annual
Allowance for obsolete inventories	`InventoryWriteDown`	$155.72K	USD	Annual
Impairment loss on goodwill	`GoodwillImpairmentLoss`	-	USD	Annual
Impairment loss on goodwill	`GoodwillImpairmentLoss`	$454.66K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$780.59K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.36M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-21.40K	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-206.21K	USD	Annual
Advances to suppliers	`IncreaseDecreaseInPrepaidSupplies`	$-361.14K	USD	Annual
Advances to suppliers	`IncreaseDecreaseInPrepaidSupplies`	$-56.18K	USD	Annual
Amounts due from related parties	`IncreaseDecreaseInDueFromRelatedParties`	$-24.25K	USD	Annual
Amounts due from related parties	`IncreaseDecreaseInDueFromRelatedParties`	$74.88K	USD	Annual
Other receivables	`IncreaseDecreaseInOtherReceivables`	$20.71K	USD	Annual
Other receivables	`IncreaseDecreaseInOtherReceivables`	$181.53K	USD	Annual
Accounts payables	`IncreaseDecreaseInAccountsPayable`	$-60.80K	USD	Annual
Accounts payables	`IncreaseDecreaseInAccountsPayable`	$216.19K	USD	Annual
Amounts due to related parties	`IncreaseDecreaseInDueToRelatedParties`	$186.45K	USD	Annual
Amounts due to related parties	`IncreaseDecreaseInDueToRelatedParties`	$392.30K	USD	Annual
Accrued expenses and other payables	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-69.40K	USD	Annual
Accrued expenses and other payables	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$11.88K	USD	Annual
Advances from customers	`IncreaseDecreaseInCustomerAdvances`	$569.67K	USD	Annual
Advances from customers	`IncreaseDecreaseInCustomerAdvances`	$514.04K	USD	Annual
Taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$5.34K	USD	Annual
Taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$22.26K	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.88M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$561.46K	USD	Annual
Purchase of plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$97.08K	USD	Annual
Purchase of plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	Annual
Proceeds from sale of plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	Annual
Proceeds from sale of plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$5.87K	USD	Annual
Payment for acquisition of subsidiaries	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	$3.03M	USD	Annual
Payment for acquisition of subsidiaries	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	-	USD	Annual
Acquisition of businesses net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	Annual
Acquisition of businesses net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$-221.84K	USD	Annual
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.12M	USD	Annual
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$227.71K	USD	Annual
Proceeds from related party borrowings	`ProceedsFromRelatedPartyDebt`	-	USD	Annual
Proceeds from related party borrowings	`ProceedsFromRelatedPartyDebt`	$2.89M	USD	Annual
Repayment of related party borrowings	`RepaymentsOfRelatedPartyDebt`	$797.42K	USD	Annual
Repayment of related party borrowings	`RepaymentsOfRelatedPartyDebt`	$29.00K	USD	Annual
Proceeds from third party borrowings	`ProceedsFromThirdPartyBorrowings`	$1.62M	USD	Annual
Proceeds from third party borrowings	`ProceedsFromThirdPartyBorrowings`	$696.82K	USD	Annual
Repayment of third party borrowings	`RepaymentOfThirdPartyBorrowings`	$1.28M	USD	Annual
Repayment of third party borrowings	`RepaymentOfThirdPartyBorrowings`	$2.39M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.32M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-612.35K	USD	Annual
NET INCREASE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$176.81K	USD	Annual
NET INCREASE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$80.38K	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$90.00	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$7.58K	USD	Annual
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$264.81K	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$176.91K	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	$264.81K	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	$176.91K	USD	Point-in-time

Stockholders Equity 13 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$107.94K	USD	Point-in-time
Balance	`StockholdersEquity`	$-243.98K	USD	Point-in-time
Balance	`StockholdersEquity`	$-1.10M	USD	Point-in-time
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$19.88K	USD	Annual
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-151.56K	USD	Annual
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$19.88K	USD	3 Qtrs
Recapitalization	`StockIssuedDuringPeriodValueNewIssues`	-	USD	Annual
Net income for the year	`NetIncomeLoss`	$-371.80K	USD	3 Qtrs
Net income for the year	`NetIncomeLoss`	$-709.40K	USD	Annual
Net income for the year	`NetIncomeLoss`	$-371.80K	USD	Annual
Balance	`StockholdersEquity`	$107.94K	USD	Point-in-time
Balance	`StockholdersEquity`	$-243.98K	USD	Point-in-time
Balance	`StockholdersEquity`	$-1.10M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.