Mingzhu Logistics Holdings Ltd Cash Flow Conversion Efficiency
Mingzhu Logistics Holdings Ltd 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.
Cash Flow Conversion Efficiency of Mingzhu Logistics Holdings Ltd (2017–2024)
Cash flow conversion efficiency of Mingzhu Logistics Holdings Ltd from 2017 to 2024. This chart illustrates how Mingzhu Logistics Holdings Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View YGMZ stock price and chart for real-time trading data and today's change.
Mingzhu Logistics Holdings Ltd Cash Flow Conversion Ratio Explained
Mingzhu Logistics Holdings Ltd cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see market cap of Mingzhu Logistics Holdings Ltd for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Nostrum Oil & Gas PLC
LSE:NOG
|
0.029x |
|
Fantasy Network Ltd
TA:FNTS
|
-0.069x |
|
Bluebird Merchant Ventures Ltd
LSE:BMV
|
0.000x |
|
KRUNG THAI -FGN- BA 515
F:KTB1
|
0.286x |
|
Gimat Magazacilik Sanayi ve Ticaret AS
IS:GMTAS
|
-0.001x |
|
Ptt PCL
STU:PTOG
|
0.046x |
|
New Horizon Group Ltd
TA:NERZ
|
0.007x |
|
Spacefy Inc
F:YSP
|
0.002x |
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. Review Mingzhu Logistics Holdings Ltd free cash flow generation to assess how much free cash flow the company generates relative to operating cash flow.
| 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