Addentax Group Corp (ATXG) — Cash Flow Quality Index
Addentax Group Corp (ATXG) has a Cash Flow Quality Index of 1.28x as of March 2024. Operating cash flow of $1.11 Million exceeds net income of $864.57K, indicating high earnings quality where cash backs reported profits. Also explore ATXG current and non-current assets for the complete picture of this company's asset base.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Addentax Group Corp Cash Flow Quality Index (2015–2023)
Historical Cash Flow Quality Index for Addentax Group Corp across 4 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check tangible net worth ratio of Addentax Group Corp to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Addentax Group Corp (2015–2023)
Year-by-year earnings quality comparison for Addentax Group Corp. For live market cap and the full company financial profile, see market value of Addentax Group Corp.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2023 | -1.19x | $-1.57 Million | $1.32 Million | ▼ -108.5% |
| 2022 | 13.99x | $1.09 Million | $78.00K | ▲ +302.2% |
| 2016 | -6.92x | $-389.24K | $56.27K | ▼ -125.9% |
| 2015 | -3.06x | $-490.00 | $160.00 | — |