MingZhu Logistics Holdings Ltd (YGMZF) - Cash Flow Conversion Efficiency
Based on the latest financial reports, MingZhu Logistics Holdings Ltd (YGMZF) 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.
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. Read MingZhu Logistics Holdings Ltd debt and liabilities for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
Ordinary Fully Paid Deferred Settlement
AU:BCNDA
|
0.080x |
|
ATHANASE INNOVATION AB
F:H6H
|
N/A |
|
THANACHART CAP.-FGN-BA 10
F:NFPH
|
N/A |
|
Rosslyn Data Technologies plc
LSE:RDT
|
3.777x |
|
Enlightify Inc.
NYSE:ENFY
|
-0.015x |
|
Nostra Terra Oil and Gas Company PLC
LSE:NTOG
|
0.205x |
|
Worldsec Ltd
LSE:WSL
|
-0.052x |
|
ECD Automotive Design Inc
NASDAQ:ECDA
|
0.126x |
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 MingZhu Logistics Holdings Ltd market cap and net worth.
| 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 | -256.20% |
| 2022-12-31 | $62.26 Million | $-3.95 Million | -0.064x | +88.87% |
| 2021-12-31 | $41.67 Million | $-23.78 Million | -0.571x | -1263.92% |
| 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