YGMZFOTCTransportation ServicesFiscal year ends December 31

MingZhu Logistics Holdings Ltd

Financials through fiscal 2024, year ended Dec 31, 2024Last filing: 20-F on May 15, 2025

$0.00+0.00 (+27.81%)

Close on Oct 19, 2026

Market cap: –
P/E (TTM): –
Dividend yield: –

MingZhu Logistics Holdings Ltd balance sheet

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31
Cash & Equivalents	0.70	3.68	3.85	5.75	12	0.22	0.81	0.35
Cash & Short-Term Investments	0.70	3.68	3.85	5.75	12	0.22	0.81	0.35
Receivables	2.71	32	16	3.65	5.34	11	–	–
Prepaid Expenses & Other	12	17	7.03	5.47	1.06	1.93	–	–
Other Current Assets	–	–	29	22	11	–	–	–
Total Current Assets	45	84	66	40	30	15	–	–
Property, Plant & Equipment	0.73	1.46	1.46	12	3.45	4.60	–	–
Gross Property, Plant & Equipment	8.43	10	11	28	9.70	9.92	–	–
Accumulated Depreciation	-7.70	-8.82	-9.59	–	–	-0.58	-0.88	–
Equity Method Investments	0.50	–	–	–	–	–	–	–
Goodwill	–	–	14	14	–	–	–	–
Deferred Tax Assets	0.12	0.11	0.24	0.04	0.03	0.02	–	–
Other Long-Term Assets	2.28	–	–	–	–	–	–	–
Total Assets	90	127	97	76	34	20	–	–
Accounts Payable	4.55	18	6.93	1.34	1.42	1.57	–	–
Short-Term Debt	2.69	6.81	9.36	7.58	6.55	2.61	–	–
Current Portion of Long-Term Debt	0.43	0.39	0.59	0.27	–	1.12	–	–
Current Debt	3.12	7.20	9.94	7.85	6.55	3.73	–	–
Current Income Taxes Payable	2.63	2.39	2.37	3.13	2.72	2.21	–	–
Other Current Liabilities	–	8.21	6.11	–	–	–	–	–
Total Current Liabilities	45	83	48	34	13	9.84	–	–
Long-Term Debt	0.59	0.12	0.25	0.18	–	–	–	–
Total Liabilities	46	83	49	35	13	10	–	–
Total Debt	3.71	7.32	10	8.03	6.55	3.73	–	–
Common Stock	0.05	0.03	0.02	0.02	0.01	0.01	–	–
Additional Paid-In Capital	48	41	42	36	14	4.12	–	–
Retained Earnings	-1.29	4.90	7.70	5.93	6.91	6.24	–	–
Comprehensive Income & Other	-1.92	-1.64	-1.55	-0.14	0.50	-0.25	–	–
Shareholders' Equity	45	45	48	42	21	10	8.51	–
Total Equity	45	45	48	42	21	10	8.51	5.04
Total Liabilities & Equity	90	127	97	76	34	20	–	–
Shares Outstanding(shares)	6.68	3.44	2.87	2.39	1.54	1.13	–	–
Deposits	–	–	0.61	0.60	–	–	–	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Dec 31, 2024

Profitability, FY2024

Gross margin: –
Operating margin: -10.0%
Net margin: -15.3%
Return on equity, FY2024: -13.9%

Financial strength

Current ratio: 1.00
Debt to equity: 0.08
Debt to assets: 4.1%
Cash to current liabilities: 1.6%

Valuation

P/E ratio: –
Price to sales: –
Price to book: –
Dividend yield: –