Ming Zhu Logistics Holdings Ltd - Understand $ygmz stock

$YGMZ Market Cap: $5.4 Million

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Financial Snapshot

Revenue

$203.1M

TTM

Gross Margin

5.91%

TTM

Net Earnings

-$7.684M

TTM

Current Assets

$83.84M

Q4 2023

Current Liabilities

$82.68M

Q4 2023

Current Ratio

101.41%

Q4 2023

Total Assets

$127.4M

Q4 2023

Total Liabilities

$82.80M

Q4 2023

Book Value

$44.56M

Q4 2023

Cash

$3.676M

Q4 2023

P/E

-0.7028

Nov 29, 2024 EST

Free Cash Flow

-$5.245M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017
Revenue	$89.00M	$114.1M	$17.36M	$18.79M	$29.41M	$27.65M	$20.62M
YoY Change	-21.98%	557.15%	-7.64%	-36.1%	6.37%	34.09%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017
Revenue	$89.00M	$114.1M	$17.36M	$18.79M	$29.41M	$27.65M	$20.62M
Cost Of Revenue	$13.02M	$104.8M	$15.43M	$16.01M	$25.36M	$22.40M	$16.81M
Gross Profit	$75.98M	$9.307M	$1.931M	$2.783M	$4.050M	$5.250M	$3.810M
Gross Profit Margin	85.37%	8.16%	11.12%	14.81%	13.77%	18.99%	18.48%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017
Selling, General & Admin	$2.225M	$6.431M	$2.419M	$1.372M	$1.380M	$1.210M	$1.490M
YoY Change	-65.4%	165.9%	76.35%	-0.62%	14.05%	-18.79%
% of Gross Profit	2.93%	69.1%	125.26%	49.28%	34.07%	23.05%	39.11%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$878.6K	$3.844M	$1.438M	$1.519M	$1.370M	$1.370M	$1.250M
YoY Change	-77.15%	167.27%	-5.34%	10.91%	0.0%	9.6%
% of Gross Profit	1.16%	41.3%	74.49%	54.59%	33.83%	26.1%	32.81%
Operating Expenses	$2.225M	$6.431M	$2.419M	$1.372M	$1.380M	$1.210M	$1.490M
YoY Change	-65.4%	165.9%	76.35%	-0.62%	14.05%	-18.79%
Operating Profit	$848.9K	$2.876M	-$487.8K	$1.412M	$2.670M	$4.040M	$2.320M
YoY Change	-70.49%	-689.65%	-134.55%	-47.12%	-33.91%	74.14%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017
Interest Expense	$450.3K	$1.431M	-$396.2K	-$374.1K	-$370.0K	-$360.0K	-$290.0K
YoY Change	-68.53%	-461.18%	5.92%	1.09%	2.78%	24.14%
% of Operating Profit	53.05%	49.75%		-26.49%	-13.86%	-8.91%	-12.5%
Other Income/Expense, Net	-$215.2K	$927.6K	$80.99K	$111.0K	$160.0K	$180.0K	-$100.0K
YoY Change	-123.2%	1045.29%	-27.02%	-30.64%	-11.11%	-280.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017
Pretax Income	$633.7K	$2.426M	-$803.0K	$1.149M	$2.460M	$3.860M	$1.930M
YoY Change	-73.88%	-402.15%	-169.9%	-53.3%	-36.27%	100.0%
Income Tax	$268.6K	$530.0K	$135.4K	$366.4K	$820.0K	$1.010M	$690.0K
% Of Pretax Income	42.38%	21.85%		31.9%	33.33%	26.17%	35.75%
Net Earnings	-$9.580M	$1.896M	-$938.4K	$782.3K	$1.640M	$2.850M	$1.240M
YoY Change	-605.21%	-302.06%	-219.96%	-52.3%	-42.46%	129.84%
Net Earnings / Revenue	-10.76%	1.66%	-5.41%	4.16%	5.58%	10.31%	6.01%
Basic Earnings Per Share	-$0.37	$0.09	-$0.05	$0.08
Diluted Earnings Per Share	-$0.38	$0.09	-$61.59K	$81.20K	$131.7K	$228.9K	$99.60K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2022	2021	2020	2019	2018	2017
Cash & Short-Term Investments	$5.700M	$5.752M	$2.106M	$220.0K	$650.0K	$350.0K
YoY Change	-0.91%	173.18%	857.1%	-66.15%	85.71%
Cash & Equivalents	$5.700M	$5.752M
Short-Term Investments
Other Short-Term Assets	$7.300M	$5.474M	$10.56M	$1.930M	$2.030M	$1.430M
YoY Change	33.36%	-48.16%	447.12%	-4.93%	41.96%
Inventory				$0.00	$0.00	$170.0K
Prepaid Expenses
Receivables	$19.10M	$3.650M	$5.344M	$10.88M	$7.390M	$8.170M
Other Receivables	$34.10M	$24.73M	$12.19M	$2.390M	$500.0K	$1.340M
Total Short-Term Assets	$66.30M	$39.61M	$30.20M	$15.43M	$10.57M	$11.47M
YoY Change	67.39%	31.16%	95.71%	45.98%	-7.85%
Property, Plant & Equipment	$9.100M	$12.22M	$3.448M	$4.600M	$4.990M	$5.430M
YoY Change	-25.56%	254.53%	-25.04%	-7.82%	-8.1%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$2.900M	$10.36M	$293.8K	$360.0K	$330.0K	$390.0K
YoY Change	-72.02%	3426.87%	-18.38%	9.09%	-15.38%
Total Long-Term Assets	$45.20M	$42.74M	$3.742M	$4.960M	$5.310M	$5.830M
YoY Change	5.75%	1042.21%	-24.56%	-6.59%	-8.92%
Total Assets	$111.5M	$82.35M	$33.94M	$20.39M	$15.88M	$17.30M
YoY Change
Accounts Payable	$35.30M	$1.345M	$1.416M	$1.570M	$850.0K	$1.710M
YoY Change	2525.45%	-5.02%	-9.84%	84.71%	-50.29%
Accrued Expenses	$600.0K	$378.4K	$342.9K	$440.0K	$760.0K	$610.0K
YoY Change	58.57%	10.36%	-22.07%	-42.11%	24.59%
Deferred Revenue
YoY Change
Short-Term Debt	$10.00M	$7.579M	$6.552M	$3.350M	$1.410M	$6.250M
YoY Change	31.94%	15.68%	95.57%	137.59%	-77.44%
Long-Term Debt Due	$1.300M	$2.680M	$286.6K	$2.100M	$910.0K	$1.910M
YoY Change	-51.5%	835.17%	-86.35%	130.77%	-52.36%
Total Short-Term Liabilities	$61.90M	$34.30M	$12.50M	$9.840M	$5.520M	$11.62M
YoY Change	80.46%	174.38%	27.05%	78.26%	-52.5%
Long-Term Debt	$1.400M	$380.1K	$164.4K	$520.0K	$1.860M	$640.0K
YoY Change	268.37%	131.19%	-68.39%	-72.04%	190.63%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$1.400M	$380.1K	$164.4K	$520.0K	$1.860M	$640.0K
YoY Change	268.37%	131.19%	-68.39%	-72.04%	190.63%
Total Liabilities	$63.40M	$34.68M	$12.67M	$10.36M	$7.380M	$12.26M
YoY Change	82.81%	173.82%	22.26%	40.38%	-39.8%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020
Basic Shares Outstanding	25.70M shares	21.43M shares	19.04M shares	9.630M shares
Diluted Shares Outstanding	25.16M shares	20.89M shares	15.24M shares	9.634M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $5.4003 Million

About MingZhu Logistics Holdings Ltd

MingZhu Logistics Holdings Ltd is a CN-based company operating in Ground Transportation industry. The company is headquartered in Shenzhen, Guangdong and currently employs 195 full-time employees. The company went IPO on 2020-10-21. MingZhu Logistics Holdings Ltd is a holding company mainly providing trucking service in the transportation industry. Through its subsidiaries, it also provides air freight service and supply chain management services. The company operates a truckload fleet with tractors and trailers. Its customers primarily include sizeable logistics companies, freight forwarders and warehouse operators. The firm mainly conduct its businesses within the China market.

Industry: Transportation Services Peers: BAIYU Holdings, Inc. EZGO Technologies Ltd.