10-Q/A Filing

ADDENTAX GROUP CORP. CIK: 1650101 Q2 2018

Filing Information

Form Type	10-Q/A
Accession Number	`0001493152-18-014952`
Period End Date	20170930
Filing Date	20181030
Fiscal Year	2018
Fiscal Period	Q2
XBRL Instance	atxg-20170930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 61 Income Statement 55 Cash Flow Statement 53

Balance Sheet 61 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`	500.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	506.92M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	500.00M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	506.92M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$176.91K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$315.32K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Accounts receivables, net	`AccountsReceivableNetCurrent`	$4.78M	USD	Point-in-time
Accounts receivables, net	`AccountsReceivableNetCurrent`	$5.70M	USD	Point-in-time
Inventories, net	`InventoryNet`	$445.44K	USD	Point-in-time
Inventories, net	`InventoryNet`	$368.64K	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$1.11M	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$1.02M	USD	Point-in-time
Advances to suppliers	`Supplies`	$975.12K	USD	Point-in-time
Advances to suppliers	`Supplies`	$322.56K	USD	Point-in-time
Amounts due from related parties	`DueFromRelatedPartiesCurrent`	$251.79K	USD	Point-in-time
Amounts due from related parties	`DueFromRelatedPartiesCurrent`	$127.55K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$6.95M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$8.63M	USD	Point-in-time
Plant and equipment, net	`PropertyPlantAndEquipmentNet`	$663.20K	USD	Point-in-time
Plant and equipment, net	`PropertyPlantAndEquipmentNet`	$632.75K	USD	Point-in-time
Goodwill	`Goodwill`	$929.66K	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`	$1.56M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$10.19M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$8.55M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.61M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.75M	USD	Point-in-time
Amount due to related parties	`DueToRelatedPartiesCurrent`	$2.91M	USD	Point-in-time
Amount due to related parties	`DueToRelatedPartiesCurrent`	$6.18M	USD	Point-in-time
Advances from customers	`CustomerAdvancesCurrent`	$494.93K	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`	$1.06M	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`	$723.00	USD	Point-in-time
Income tax payable	`TaxesPayableCurrent`	$3.97K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$8.79M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$10.49M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$8.79M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$10.49M	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 period ended September 30, 2017 and $0.001 par value, 500,000,000shares issued and outstanding for the year ended March 31, 2017)	`CommonStockValue`	$500.00K	USD	Point-in-time
Common stock ($0.001 par value, 506,920,000 shares issued and outstanding for the period ended September 30, 2017 and $0.001 par value, 500,000,000shares issued and outstanding for the year ended March 31, 2017)	`CommonStockValue`	$506.92K	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`	$-371.80K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$-351.85K	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`	$19.88K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-49.95K	USD	Point-in-time
Total equity	`StockholdersEquity`	$-243.98K	USD	Point-in-time
Total equity	`StockholdersEquity`	$-293.86K	USD	Point-in-time
TOTAL LIABILITIES AND EQUITY	`LiabilitiesAndStockholdersEquity`	$8.55M	USD	Point-in-time
TOTAL LIABILITIES AND EQUITY	`LiabilitiesAndStockholdersEquity`	$10.19M	USD	Point-in-time

Income Statement 55 line items

Line Item	Tag	Value	Unit	Period
REVENUES	`Revenues`	$3.97M	USD	1 Quarter
REVENUES	`Revenues`	-	USD	1 Quarter
REVENUES	`Revenues`	$7.61M	USD	2 Qtrs
REVENUES	`Revenues`	-	USD	2 Qtrs
COST OF REVENUES	`CostOfRevenue`	-	USD	1 Quarter
COST OF REVENUES	`CostOfRevenue`	$6.77M	USD	2 Qtrs
COST OF REVENUES	`CostOfRevenue`	-	USD	2 Qtrs
COST OF REVENUES	`CostOfRevenue`	$3.40M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$571.49K	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	-	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	-	USD	2 Qtrs
GROSS PROFIT	`GrossProfit`	$844.24K	USD	2 Qtrs
Selling and marketing	`SellingAndMarketingExpense`	$5.61K	USD	1 Quarter
Selling and marketing	`SellingAndMarketingExpense`	-	USD	2 Qtrs
Selling and marketing	`SellingAndMarketingExpense`	-	USD	1 Quarter
Selling and marketing	`SellingAndMarketingExpense`	$17.54K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	-	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$421.62K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$797.43K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	-	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$427.23K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	-	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$814.97K	USD	2 Qtrs
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	-	USD	2 Qtrs
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$29.28K	USD	2 Qtrs
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	-	USD	1 Quarter
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$144.25K	USD	1 Quarter
OTHER INCOME (EXPENSE), NET	`OtherNonoperatingIncomeExpense`	$33.00	USD	1 Quarter
OTHER INCOME (EXPENSE), NET	`OtherNonoperatingIncomeExpense`	$-1.58K	USD	2 Qtrs
OTHER INCOME (EXPENSE), NET	`OtherNonoperatingIncomeExpense`	-	USD	1 Quarter
OTHER INCOME (EXPENSE), NET	`OtherNonoperatingIncomeExpense`	-	USD	2 Qtrs
INCOME BEFORE INCOME TAX EXPENSE	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$27.69K	USD	2 Qtrs
INCOME BEFORE INCOME TAX EXPENSE	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	-	USD	2 Qtrs
INCOME BEFORE INCOME TAX EXPENSE	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$144.29K	USD	1 Quarter
INCOME BEFORE INCOME TAX EXPENSE	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	-	USD	1 Quarter
INCOME TAX EXPENSE	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
INCOME TAX EXPENSE	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
INCOME TAX EXPENSE	`IncomeTaxExpenseBenefit`	$7.74K	USD	2 Qtrs
INCOME TAX EXPENSE	`IncomeTaxExpenseBenefit`	$5.49K	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$19.96K	USD	2 Qtrs
NET INCOME	`NetIncomeLoss`	-	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$138.79K	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	-	USD	2 Qtrs
Foreign currency translation loss	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$69.84K	USD	2 Qtrs
Foreign currency translation loss	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$21.39K	USD	1 Quarter
TOTAL COMPREHENSIVE INCOME (LOSS)	`ComprehensiveIncomeNetOfTax`	$-49.88K	USD	2 Qtrs
TOTAL COMPREHENSIVE INCOME (LOSS)	`ComprehensiveIncomeNetOfTax`	$117.41K	USD	1 Quarter
Basic and diluted	`EarningsPerShareBasicAndDiluted`	-	USD	2 Qtrs
Basic and diluted	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Basic and diluted	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Basic and diluted	`EarningsPerShareBasicAndDiluted`	-	USD	2 Qtrs
Weighted average number of shares outstanding - Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	-	shares	1 Quarter
Weighted average number of shares outstanding - Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	506.92M	shares	2 Qtrs
Weighted average number of shares outstanding - Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	-	shares	2 Qtrs
Weighted average number of shares outstanding - Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	506.92M	shares	1 Quarter

Cash Flow Statement 53 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$19.96K	USD	2 Qtrs
Net income	`NetIncomeLoss`	-	USD	1 Quarter
Net income	`NetIncomeLoss`	$138.79K	USD	1 Quarter
Net income	`NetIncomeLoss`	-	USD	2 Qtrs
Depreciation	`Depreciation`	$28.36K	USD	1 Quarter
Depreciation	`Depreciation`	$55.89K	USD	2 Qtrs
Depreciation	`Depreciation`	-	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$923.68K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	-	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	-	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-76.81K	USD	2 Qtrs
Advances to suppliers	`IncreaseDecreaseInPrepaidSupplies`	$652.56K	USD	2 Qtrs
Advances to suppliers	`IncreaseDecreaseInPrepaidSupplies`	-	USD	2 Qtrs
Other receivables	`IncreaseDecreaseInOtherReceivables`	$-87.13K	USD	2 Qtrs
Other receivables	`IncreaseDecreaseInOtherReceivables`	-	USD	2 Qtrs
Accounts payables	`IncreaseDecreaseInAccountsPayable`	-	USD	2 Qtrs
Accounts payables	`IncreaseDecreaseInAccountsPayable`	$1.14M	USD	2 Qtrs
Accrued expenses and other payables	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$637.31K	USD	2 Qtrs
Accrued expenses and other payables	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	-	USD	2 Qtrs
Advances from customers	`IncreaseDecreaseInCustomerAdvances`	-	USD	2 Qtrs
Advances from customers	`IncreaseDecreaseInCustomerAdvances`	$-552.88K	USD	2 Qtrs
Taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$3.25K	USD	2 Qtrs
Taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	-	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-109.85K	USD	2 Qtrs
Purchase of sale of plant and equipment	`PaymentsForProceedsFromProductiveAssets`	$25.43K	USD	2 Qtrs
Purchase of sale of plant and equipment	`PaymentsForProceedsFromProductiveAssets`	-	USD	2 Qtrs
Payment for the acquisition of subsidiaries	`PaymentsToAcquireBusinessesAndInterestInAffiliates`	-	USD	2 Qtrs
Payment for the acquisition of subsidiaries	`PaymentsToAcquireBusinessesAndInterestInAffiliates`	$3.03M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.05M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	2 Qtrs
Proceeds from related party borrowings	`ProceedsFromRelatedPartyDebt`	$5.20M	USD	2 Qtrs
Proceeds from related party borrowings	`ProceedsFromRelatedPartyDebt`	-	USD	2 Qtrs
Repayment of related party borrowings	`RepaymentsOfRelatedPartyDebt`	-	USD	2 Qtrs
Repayment of related party borrowings	`RepaymentsOfRelatedPartyDebt`	$2.05M	USD	2 Qtrs
Proceeds from third party borrowings	`ProceedsFromThirdPartyBorrowings`	-	USD	2 Qtrs
Proceeds from third party borrowings	`ProceedsFromThirdPartyBorrowings`	$961.42K	USD	2 Qtrs
Repayment of third party borrowings	`RepaymentOfThirdPartyBorrowings`	$-810.53K	USD	2 Qtrs
Repayment of third party borrowings	`RepaymentOfThirdPartyBorrowings`	-	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$3.30M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	2 Qtrs
NET INCREASE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	-	USD	2 Qtrs
NET INCREASE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$135.72K	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	-	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$2.70K	USD	2 Qtrs
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, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$315.32K	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	-	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
CASH AND CASH EQUIVALENTS, END OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	$315.32K	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time

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