MingZhu Logistics Holdings Limited (YGMZF)

YGMZF Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Assets

Fiscal Quarter	H1 2025	H2 2024	H1 2024	H2 2023	H1 2023	H2 2022	H1 2022	H2 2021	H1 2021	H2 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Jun 30, 2024	Dec 31, 2023	Jun 30, 2023	Dec 31, 2022	Jun 30, 2022	Dec 31, 2021	Jun 30, 2021	Dec 31, 2020
Cash & Equivalents	1.04	0.7	1.28	3.68	4.31	5.69	3.71	5.75	4.69	2.11
Trading Asset Securities	-	-	-	-	-	-	-	-	0.08	-
Cash & Short-Term Investments	1.04	0.7	1.28	3.68	4.31	5.69	3.71	5.75	4.77	2.11
Cash Growth (YoY)	-18.32%	-81.01%	-70.31%	-35.36%	16.09%	-1.13%	-22.24%	173.18%	1250.65%	842.08%
Accounts Receivable	2.13	2.71	15.95	31.57	15.5	19.13	23.31	3.65	2.51	5.34
Other Receivables	-	0.01	3.02	-	8.87	0.3	1.62	0.24	18.92	0.03
Receivables	71.72	31.62	47.14	62.29	55.45	49.93	60.33	26.37	21.42	17.14
Inventory	0.01	0.06	-	0.07	-	0.05	-	0.18	0.08	0.37
Prepaid Expenses	4.29	7.49	-	11.93	-	5.72	-	0.87	-	0.27
Restricted Cash	-	-	-	-	-	-	-	-	9.5	9.5
Other Current Assets	7.02	5.1	18.39	5.88	10.67	4.87	4.39	6.43	6.05	0.81
Total Current Assets	84.09	44.97	66.82	83.84	70.43	66.25	68.44	39.61	41.83	30.2
Property, Plant & Equipment	0.67	0.73	1.33	1.46	7.34	9.07	10.13	12.22	2.88	3.45
Long-Term Investments	0.33	0.5	-	-	-	-	-	-	-	-
Goodwill	13.72	41.11	41.09	41.11	33.24	33.24	34.43	20.15	-	-
Long-Term Deferred Tax Assets	0.1	0.12	1.51	0.11	0.24	0.24	0.06	0.04	-	0.03
Other Long-Term Assets	2.76	2.9	1.05	0.83	3.06	2.66	9.68	10.33	0.27	0.26
Total Assets	101.68	90.33	111.79	127.35	114.3	111.46	122.74	82.35	44.98	33.94

Liabilities

Fiscal Quarter	H1 2025	H2 2024	H1 2024	H2 2023	H1 2023	H2 2022	H1 2022	H2 2021	H1 2021	H2 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Jun 30, 2024	Dec 31, 2023	Jun 30, 2023	Dec 31, 2022	Jun 30, 2022	Dec 31, 2021	Jun 30, 2021	Dec 31, 2020
Accounts Payable	6.19	4.55	8.21	18.43	7.15	10.13	10.57	1.34	0.65	1.42
Accrued Expenses	-	0.18	-	0.12	-	1.2	-	0.53	-	0.58
Short-Term Debt	2.57	8.76	5.96	6.81	13.84	11.44	9.45	9	5.76	6.55
Current Portion of Long-Term Debt	0.22	0.43	13.81	13.45	0.21	0.59	0.3	0.41	0.18	0.24
Current Portion of Leases	-	-	-	0.01	0.71	0.76	0.1	2.27	0.07	0.05
Current Income Taxes Payable	1.26	2.63	2.13	2.39	4.75	4.3	5.71	2.76	1.17	2.27
Other Current Liabilities	12.16	28.44	41.04	41.48	40.31	33.52	31.37	17.99	2.44	1.4
Total Current Liabilities	22.39	44.98	71.15	82.68	66.98	61.94	57.5	34.3	10.27	12.5
Long-Term Debt	0.59	0.59	0.38	0.12	0.27	0.25	-	0.18	0.03	0.14
Long-Term Leases	-	-	0.13	-	0.69	1.16	0.53	0.2	0.09	0.03
Total Liabilities	22.99	45.58	71.66	82.8	67.94	63.35	58.02	34.68	10.39	12.67

Shareholders' Equity

Fiscal Quarter	H1 2025	H2 2024	H1 2024	H2 2023	H1 2023	H2 2022	H1 2022	H2 2021	H1 2021	H2 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Jun 30, 2024	Dec 31, 2023	Jun 30, 2023	Dec 31, 2022	Jun 30, 2022	Dec 31, 2021	Jun 30, 2021	Dec 31, 2020
Common Stock	0.12	0.05	0.04	0.03	0.02	0.02	0.02	0.02	0.02	0.01
Additional Paid-In Capital	95.82	47.86	45.51	41.22	41.58	41.73	57.42	41.79	27.88	13.82
Retained Earnings	-14.78	-0.4	-4.01	5.79	6.87	8.74	8.49	6.85	7.43	7.78
Comprehensive Income & Other	-2.47	-2.77	-1.41	-2.48	-2.11	-2.4	-1.22	-0.99	-0.74	-0.35
Shareholders' Equity	78.69	44.75	40.13	44.56	46.36	48.1	64.72	47.67	34.59	21.27
Total Liabilities & Equity	101.68	90.33	111.79	127.35	114.3	111.46	122.74	82.35	44.98	33.94

Additional Metrics

Fiscal Quarter	H1 2025	H2 2024	H1 2024	H2 2023	H1 2023	H2 2022	H1 2022	H2 2021	H1 2021	H2 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Jun 30, 2024	Dec 31, 2023	Jun 30, 2023	Dec 31, 2022	Jun 30, 2022	Dec 31, 2021	Jun 30, 2021	Dec 31, 2020
Total Debt	3.38	9.78	20.28	20.39	15.73	14.19	10.37	12.06	6.13	7
Net Cash (Debt)	-2.34	-9.08	-19	-16.71	-11.42	-8.5	-6.66	-6.31	-1.36	-4.9
Net Cash Growth (YoY)	-	-	-	-	-	-	-	-	-	-
Net Cash Per Share	-0.60	-26.90	-74.77	-	-68.20	-50.80	-39.80	-34.08	-10.86	-61.05
Filing Date Shares Outstanding	4.79	4.79	0.29	0.29	0.18	0.18	0.18	0.18	0.12	0.12
Total Common Shares Outstanding	4.79	0.42	0.29	0.22	0.18	0.18	0.18	0.15	0.12	0.1
Working Capital	61.7	-0.01	-4.33	1.17	3.45	4.31	10.94	5.31	31.55	17.7
Book Value Per Share	16.42	107.21	137.00	207.17	258.48	268.16	360.79	318.88	282.21	220.42
Tangible Book Value	64.98	3.64	-0.96	3.45	13.13	14.86	30.28	27.52	34.59	21.27
Tangible Book Value Per Share	13.56	8.73	-3.28	16.03	73.18	82.87	168.82	184.07	282.21	220.42
Buildings	-	1.04	-	1.07	-	1.1	-	1.19	-	1.16
Machinery	-	7.39	-	9.21	-	24.46	-	8.01	-	8.35

Data Source: S&P Global Market Intelligence Last updated: Nov 25, 2025

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Sep 21, 2026

Data Sources Report a data error