Mingzhu Logistics Holdings Ltd (YGMZ) - Net Assets
Based on the latest financial reports, Mingzhu Logistics Holdings Ltd (YGMZ) has net assets worth $78.69 Million USD as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($101.68 Million) and total liabilities ($22.99 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check YGMZ asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $78.69 Million |
| % of Total Assets | 77.39% |
| Annual Growth Rate | 36.6% |
| 5-Year Change | 110.36% |
| 10-Year Change | N/A |
| Growth Volatility | 51.73 |
Mingzhu Logistics Holdings Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Mingzhu Logistics Holdings Ltd's net assets have evolved over time, based on quarterly financial data. Also explore YGMZ total asset value for the complete picture of this company's asset base.
Annual Net Assets for Mingzhu Logistics Holdings Ltd (2017–2024)
The table below shows the annual net assets of Mingzhu Logistics Holdings Ltd from 2017 to 2024. For live valuation and market cap data, see Mingzhu Logistics Holdings Ltd (YGMZ) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $44.75 Million | +0.44% |
| 2023-12-31 | $44.56 Million | -7.37% |
| 2022-12-31 | $48.10 Million | +0.91% |
| 2021-12-31 | $47.67 Million | +124.07% |
| 2020-12-31 | $21.27 Million | +112.18% |
| 2019-12-31 | $10.03 Million | +17.89% |
| 2018-12-31 | $8.51 Million | +68.73% |
| 2017-12-31 | $5.04 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mingzhu Logistics Holdings Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 157.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $53.43K | 0.12% |
| Other Comprehensive Income | $-1.03 Million | -2.30% |
| Other Components | $47.02 Million | 105.06% |
| Total Equity | $44.75 Million | 100.00% |
Mingzhu Logistics Holdings Ltd Competitors by Market Cap
The table below lists competitors of Mingzhu Logistics Holdings Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gamania Digital Entertainment Co Ltd
TWO:6180
|
$11.26K |
|
PTT Global Chemical Public Company Limited
F:GCB
|
$11.27K |
|
CEMEX S.A.B. de C.V.
MX:CEMEXCPO
|
$11.51K |
|
Polarean Imaging Plc
LSE:POLX
|
$11.75K |
|
The Generation Essentials Group
NYSE:TGE
|
$10.45K |
|
Sorted Group Holdings Plc
LSE:SORT
|
$10.22K |
|
PTT Public Company Limited
F:PTOG
|
$10.21K |
|
Global UAV Technologies Ltd
STU:YAB2
|
$10.13K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mingzhu Logistics Holdings Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 44,556,953 to 44,753,303, a change of 196,350 (0.4%).
- Net loss of 6,187,511 reduced equity.
- New share issuances of 2,000,000 increased equity.
- Other comprehensive income decreased equity by 284,080.
- Other factors increased equity by 4,667,941.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-6.19 Million | -13.83% |
| Share Issuances | $2.00 Million | +4.47% |
| Other Comprehensive Income | $-284.08K | -0.63% |
| Other Changes | $4.67 Million | +10.43% |
| Total Change | $- | 0.44% |
Book Value vs Market Value Analysis
This analysis compares Mingzhu Logistics Holdings Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.00x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $0.42 | $0.00 | x |
| 2018-12-31 | $0.71 | $0.00 | x |
| 2019-12-31 | $0.81 | $0.00 | x |
| 2020-12-31 | $2.21 | $0.00 | x |
| 2021-12-31 | $2.50 | $0.00 | x |
| 2022-12-31 | $2.24 | $0.00 | x |
| 2023-12-31 | $13.87 | $0.00 | x |
| 2024-12-31 | $8.29 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mingzhu Logistics Holdings Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -13.83%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -15.30%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 2.02x
- Recent ROE (-13.83%) is below the historical average (5.60%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 24.56% | 6.01% | 1.19x | 3.43x | $734.03K |
| 2018 | 33.57% | 10.33% | 1.74x | 1.87x | $2.00 Million |
| 2019 | 16.38% | 5.59% | 1.44x | 2.03x | $640.13K |
| 2020 | 3.68% | 4.16% | 0.55x | 1.60x | $-1.35 Million |
| 2021 | -1.97% | -5.41% | 0.21x | 1.73x | $-5.71 Million |
| 2022 | 3.94% | 2.99% | 0.57x | 2.32x | $-2.91 Million |
| 2023 | -21.50% | -10.76% | 0.70x | 2.86x | $-14.04 Million |
| 2024 | -13.83% | -15.30% | 0.45x | 2.02x | $-10.66 Million |
Industry Comparison
This section compares Mingzhu Logistics Holdings Ltd's net assets metrics with peer companies in the Trucking industry.
Industry Context
- Industry: Trucking
- Average net assets among peers: $-1,047,057,554
- Average return on equity (ROE) among peers: 5.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mingzhu Logistics Holdings Ltd (YGMZ) | $78.69 Million | 24.56% | 0.29x | $11.06K |
| ArcBest Corp (ARCB) | $171.40 Million | -21.35% | 3.83x | $2.46 Billion |
| BEST Inc (BEST) | $-13.51 Billion | 0.00% | 0.00x | $56.09 Million |
| Covenant Logistics Group, Inc. (CVLG) | $63.50 Million | 11.50% | 0.77x | $441.94 Million |
| Covenant Logistics Group, Inc. (CVLG) | $350.11 Million | 2.42% | 1.52x | $686.50 Million |
| Elite Express Holding Inc. Class A Common Stock (ETS) | $13.19 Million | -16.57% | 0.04x | $7.13 Million |
| Heartland Express Inc (HTLD) | $865.26 Million | 1.71% | 0.74x | $738.15 Million |
| Knight Transportation Inc (KNX) | $18.90 Million | 21.66% | 0.72x | $8.44 Billion |
| Marten Transport Ltd (MRTN) | $22.90 Million | 7.86% | 1.77x | $1.08 Billion |
| Old Dominion Freight Line Inc (ODFL) | $1.23 Billion | 16.73% | 0.57x | $40.61 Billion |
| PAMT CORP (PAMT) | $300.18 Million | 30.21% | 1.50x | $198.76 Million |
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