Mingzhu Logistics Holdings Ltd (YGMZ) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Mingzhu Logistics Holdings Ltd (YGMZ) has a cash flow conversion efficiency ratio of 0.053x as of March 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($2.39 Million) by net assets ($44.75 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See how leveraged is Mingzhu Logistics Holdings Ltd's balance sheet to measure how much of total assets are equity-financed.
Mingzhu Logistics Holdings Ltd - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how Mingzhu Logistics Holdings Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check YGMZ cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Mingzhu Logistics Holdings Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Mingzhu Logistics Holdings Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Quaser Machine Tools
TWO:4563
|
0.130x |
|
CEMEX S.A.B. de C.V.
MX:CEMEXCPO
|
0.010x |
|
Polarean Imaging Plc
LSE:POLX
|
-0.473x |
|
HYGEIA HC HLDGS DL-00001
F:50I
|
0.009x |
|
MingZhu Logistics Holdings Ltd
NASDAQ:YGMZF
|
0.030x |
|
ULTRA BRANDS LTD.
F:X6T
|
0.000x |
|
Hana Microelectronics Public Company Limited
F:HAA1
|
0.055x |
|
PTT Global Chemical Public Company Limited
F:GCB
|
-0.057x |
Annual Cash Flow Conversion Efficiency for Mingzhu Logistics Holdings Ltd (2017–2024)
The table below shows the annual cash flow conversion efficiency of Mingzhu Logistics Holdings Ltd from 2017 to 2024. For the full company profile with market capitalisation and key ratios, see YGMZ market cap.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $44.75 Million | $-2.59 Million | -0.058x | +74.38% |
| 2023-12-31 | $44.56 Million | $-10.08 Million | -0.226x | -175.20% |
| 2022-12-31 | $48.10 Million | $-3.95 Million | -0.082x | +83.53% |
| 2021-12-31 | $47.67 Million | $-23.78 Million | -0.499x | -1092.38% |
| 2020-12-31 | $21.27 Million | $-890.21K | -0.042x | -137.55% |
| 2019-12-31 | $10.03 Million | $1.12 Million | 0.111x | -75.05% |
| 2018-12-31 | $8.51 Million | $3.80 Million | 0.447x | +16.42% |
| 2017-12-31 | $5.04 Million | $1.93 Million | 0.384x | -- |
About Mingzhu Logistics Holdings Ltd
MingZhu Logistics Holdings Limited, through its subsidiaries, provides trucking services to the transportation industry in the People's Republic of China. It operates through three segments: Trucking Services, Car Owner Services, and Liquor Distribution. The company also offers car owner and liquor distribution services. It serves sizeable third-party logistics companies, freight forwarders, and … Read more