Company / Gross Margin
ADDENTAX GROUP CORP. Gross Margin History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
15.2%
FY2024
5-year range
13.6% / 23.2%
FY2020-FY2024
Trend
-6.7%
vs FY2023
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Declined from 23.2% to 15.2% over the past 2 years.
Based on SEC 10-K filings.
15.2% in FY2024 with a 5-year CAGR of +4.4%.
Declined from 23.2% to 15.2% over the past 2 years.
Gross Margin over time
Growth rates
- 3-Year Change
- +1.6pp
- 5-Year Change
- +4.4pp
- 10-Year Change
- -
Key checks
Key Insights
- In FY2024, gross margin decreased 6.7% year-over-year.
- Peak gross margin was recorded in FY2016.
- Lowest gross margin in the period was in FY2018.
Company context
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score 0.47 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | 15.2% | -6.7% |
| FY2023 | 16.3% | -29.8% |
| FY2022 | 23.2% | +70.1% |
| FY2021 | 13.6% | +6.5% |
| FY2020 | 12.8% | +19.2% |
| FY2019 | 10.7% | +123.5% |
| FY2018 | 4.8% | -93.5% |
| FY2016 | 73.7% | - |
As of FY2024 · SEC 10-K · Updated Jun 24, 2026