MingZhu Logistics Holdings Past Earnings Performance
Past criteria checks 2/6
MingZhu Logistics Holdings's earnings have been declining at an average annual rate of -47.9%, while the Transportation industry saw earnings growing at 11.2% annually. Revenues have been growing at an average rate of 38.8% per year. MingZhu Logistics Holdings's return on equity is 0.8%, and it has net margins of 0.4%.
Key information
-47.9%
Earnings growth rate
-70.7%
EPS growth rate
| Transportation Industry Growth | 15.6% |
| Revenue growth rate | 38.8% |
| Return on equity | 0.8% |
| Net Margin | 0.4% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Not Many Are Piling Into MingZhu Logistics Holdings Limited (NASDAQ:YGMZ) Stock Yet As It Plummets 25%
Apr 04
MingZhu Logistics Holdings Limited (NASDAQ:YGMZ) Could Be Riskier Than It Looks
Dec 30Market Cool On MingZhu Logistics Holdings Limited's (NASDAQ:YGMZ) Revenues Pushing Shares 27% Lower
Aug 16MingZhu Logistics Holdings (NASDAQ:YGMZ) Is Posting Solid Earnings, But It Is Not All Good News
Jan 09Some Investors May Be Worried About MingZhu Logistics Holdings' (NASDAQ:YGMZ) Returns On Capital
Feb 10How Good Is MingZhu Logistics Holdings Limited (NASDAQ:YGMZ), When It Comes To ROE?
Jan 21
MingZhu Logistics reports 1H results
Dec 30Revenue & Expenses Breakdown
How MingZhu Logistics Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 89 | 0 | 2 | 0 |
| 30 Jun 23 | 110 | -1 | 6 | 0 |
| 31 Mar 23 | 112 | 1 | 6 | 0 |
| 31 Dec 22 | 64 | 0 | 3 | 0 |
| 30 Sep 22 | 91 | 1 | 5 | 0 |
| 30 Jun 22 | 68 | 1 | 4 | 0 |
| 31 Mar 22 | 43 | 0 | 3 | 0 |
| 31 Dec 21 | 17 | -1 | 0 | 0 |
| 30 Sep 21 | 18 | 0 | 2 | 0 |
| 30 Jun 21 | 20 | 0 | 1 | 0 |
| 31 Mar 21 | 19 | 1 | 1 | 0 |
| 31 Dec 20 | 19 | 1 | 1 | 0 |
| 30 Sep 20 | 23 | 1 | 1 | 0 |
| 30 Jun 20 | 29 | 1 | 2 | 0 |
| 31 Mar 20 | 29 | 2 | 1 | 0 |
| 31 Dec 19 | 29 | 2 | 1 | 0 |
| 30 Sep 19 | 29 | 2 | 1 | 0 |
| 31 Dec 18 | 28 | 3 | 1 | 0 |
| 31 Dec 17 | 21 | 1 | 1 | 0 |
Quality Earnings: YGMZ has high quality earnings.
Growing Profit Margin: YGMZ became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: YGMZ's earnings have declined by 47.9% per year over the past 5 years.
Accelerating Growth: YGMZ has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: YGMZ has become profitable in the last year, making it difficult to compare its past year earnings growth to the Transportation industry (-3.6%).
Return on Equity
High ROE: YGMZ's Return on Equity (0.8%) is considered low.