Mingzhu Logistics Holdings Ltd (YGMZ) - Total Assets
Based on the latest financial reports, Mingzhu Logistics Holdings Ltd (YGMZ) holds total assets worth $101.68 Million USD as of June 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See net assets of Mingzhu Logistics Holdings Ltd for net asset value and shareholders' equity analysis.
Mingzhu Logistics Holdings Ltd - Total Assets Trend (2017–2024)
This chart illustrates how Mingzhu Logistics Holdings Ltd's total assets have evolved over time, based on quarterly financial data.
Mingzhu Logistics Holdings Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Mingzhu Logistics Holdings Ltd's total assets of $101.68 Million consist of 49.8% current assets and 50.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.8% |
| Accounts Receivable | $31.80 Million | 35.2% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $2.28 Million | 2.5% |
| Goodwill | $41.11 Million | 45.5% |
Asset Composition Trend (2017–2024)
This chart illustrates how Mingzhu Logistics Holdings Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see Mingzhu Logistics Holdings Ltd (YGMZ) total market value.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Mingzhu Logistics Holdings Ltd's current assets represent 49.8% of total assets in 2024, a decrease from 66.3% in 2017.
- Cash Position: Cash and equivalents constituted 0.8% of total assets in 2024, down from 2.0% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 47.0% of total assets, an increase from 0.0% in 2017.
- Asset Diversification: The largest asset category is goodwill at 45.5% of total assets.
Mingzhu Logistics Holdings Ltd Competitors by Total Assets
Key competitors of Mingzhu Logistics Holdings Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
PT Mandiri Herindo Adiperkasa Tbk
JK:MAHA
|
Indonesia | Rp2.48 Trillion |
|
North Eastern Carrying Corporation Limited
NSE:NECCLTD
|
India | Rs3.66 Billion |
|
Elite Express Holding Inc. Class A Common Stock
NASDAQ:ETS
|
USA | $13.71 Million |
|
Lindsay Australia Ltd
AU:LAU
|
Australia | AU$751.88 Million |
|
Tegma Gestão Logística S.A
SA:TGMA3
|
Brazil | R$1.37 Billion |
|
TFI International Inc
TO:TFII
|
Canada | CA$7.11 Billion |
|
Mullen Group Ltd.
TO:MTL
|
Canada | CA$2.57 Billion |
|
Deppon Logistics Co Ltd
SHG:603056
|
China | CN¥16.14 Billion |
Mingzhu Logistics Holdings Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 3.76 | 0.94 | 2.42 |
| Quick Ratio | 3.76 | 0.94 | 2.39 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $61.70 Million | $-4.33 Million | $17.70 Million |
Mingzhu Logistics Holdings Ltd - Advanced Valuation Insights
This section examines the relationship between Mingzhu Logistics Holdings Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.00 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -29.1% |
| Total Assets | $90.33 Million |
| Market Capitalization | $11.06K USD |
Valuation Analysis
Below Book Valuation: The market values Mingzhu Logistics Holdings Ltd's assets below their book value (0.00x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Mingzhu Logistics Holdings Ltd's assets decreased by 29.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Mingzhu Logistics Holdings Ltd (2017–2024)
The table below shows the annual total assets of Mingzhu Logistics Holdings Ltd from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $90.33 Million | -29.07% |
| 2023-12-31 | $127.35 Million | +14.26% |
| 2022-12-31 | $111.46 Million | +35.35% |
| 2021-12-31 | $82.35 Million | +142.63% |
| 2020-12-31 | $33.94 Million | +66.49% |
| 2019-12-31 | $20.39 Million | +28.35% |
| 2018-12-31 | $15.88 Million | -8.17% |
| 2017-12-31 | $17.30 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