MingZhu Logistics Holdings Limited YGMZF
Annual
Quarterly
FY2024 · ended Dec 31, 2024 · Revenue $40.43M, -54.6% YoY · Filed May 15, 2025
MingZhu Logistics Holdings Limited (YGMZF) files with the SEC under industry code 4700, Transportation Services. In fiscal 2024, which ended Dec 31, 2024, it reported revenue of $40.4 million and a net loss of $6.2 million. Free cash flow was -$2.7 million. As of Dec 31, 2024 it held $698,239 in cash and investments and $6.4 million in total debt.
Revenue
$40.43M
-54.6% vs prior year
Net income
$-6.19M
+35.4% vs prior year
Operating cash flow
$-2.59M
+74.3% vs prior year
Free cash flow
$-2.70M
+32.0% vs prior year
EPS
$-1.31
+56.0% vs prior year
Dividend per share
None
Shares outstanding
76.68M
+106.6% vs prior year
Net cash
$-5.70M
FY 2024
Operating margin
-10.0%
FY 2024
Company profile
- Industry
- Transportation Services (SIC 4700)
- Listed as
- YGMZF (OTC)
- Fiscal year ends
- December 31
- Incorporated in
- Cayman Islands
- Headquarters
- Shenzhen, Guagdong
- SEC filer status
- Non-accelerated filer, Emerging growth company
- SEC CIK
- 1782037
Other Transportation Services companies
- Booking Holdings Inc. BKNG
- Expedia Group, Inc. EXPE
- XPO, Inc. XPO
- Gatx Corp GATX
- GXO Logistics, Inc. GXO
- Hafnia Ltd HAFN
- RXO, Inc. RXO
- MakeMyTrip Ltd MMYT
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
FY 2020 Dec 31, 2020 |
|---|---|---|---|---|---|
| Revenue | $40.4M | $89.0M | $63.5M | $17.4M | $18.8M |
| Operating income | -$4.0M | $848,898 | -$100,052 | -$487,804 | $1.4M |
| Net income | -$6.2M | -$9.6M | $1.9M | -$938,413 | $782,296 |
| Diluted EPS | -$1.31 | -$2.98 | $0.73 | -$0.06 | $0.08 |
| Operating cash flow | -$2.6M | -$10.1M | -$4.0M | -$23.8M | -$890,209 |
| Free cash flow | -$2.7M | — | -$4.0M | -$24.0M | -$1.0M |
| Total assets | $90.3M | $127.4M | $97.3M | $76.4M | $33.9M |
| Total liabilities | $45.6M | $82.8M | $49.2M | $34.7M | $12.7M |
| Stockholders' equity | $44.8M | $44.6M | $48.1M | $41.7M | — |
| Cash and investments | $698,239 | $3.7M | $3.9M | $78,461 | $2.1M |
| Total debt | $6.4M | $7.3M | $10.2M | $8.0M | $6.6M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 6-K | Current report (foreign issuer) | Dec 19, 2025 | Dec 19, 2025 |
| 6-K | Current report (foreign issuer) | Dec 11, 2025 | Dec 11, 2025 |
| 6-K | Current report (foreign issuer) | Dec 9, 2025 | Dec 9, 2025 |
| 6-K | Current report (foreign issuer) | Dec 5, 2025 | Dec 5, 2025 |
| 6-K | Current report (foreign issuer) | Nov 25, 2025 | Nov 25, 2025 |
| 6-K | Current report (foreign issuer) | Nov 25, 2025 | Nov 25, 2025 |
All 168 MingZhu Logistics Holdings Limited SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.