MingZhu Logistics Holdings Limited (YGMZF)

YGMZF Balance Sheet

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

Assets

Fiscal Quarter	Q2 2025	Q1 2025	Q4 2024	Q2 2024	Q1 2024	Q4 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period Ending	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022
Cash & Equivalents	1.04	1.04	0.7	1.28	1.28	3.68	4.31	4.31	3.85	5.69
Cash & Short-Term Investments	1.04	1.04	0.7	1.28	1.28	3.68	4.31	4.31	3.85	5.69
Cash Growth (YoY)	-18.32%	-18.32%	-81.01%	-70.31%	-70.31%	-4.59%	16.09%	16.09%	-	-
Accounts Receivable	2.13	2.13	2.71	15.95	15.95	31.57	15.5	15.5	16.1	19.13
Other Receivables	-	-	0.01	3.02	3.02	-	8.87	8.87	-	0.3
Receivables	71.72	71.72	31.62	47.14	47.14	62.29	55.45	55.45	44.25	49.93
Inventory	0.01	0.01	0.06	-	-	0.07	-	-	0.05	0.05
Prepaid Expenses	4.29	4.29	7.49	-	-	11.93	-	-	5.41	5.72
Other Current Assets	7.02	7.02	5.1	18.39	18.39	5.88	10.67	10.67	12.68	4.87
Total Current Assets	84.09	84.09	44.97	66.82	66.82	83.84	70.43	70.43	66.25	66.25
Property, Plant & Equipment	0.67	0.67	0.73	1.33	1.33	1.46	7.34	7.34	1.46	9.07
Long-Term Investments	0.33	0.33	0.5	-	-	-	-	-	-	-
Goodwill	13.72	13.72	41.11	41.09	41.09	41.11	33.24	33.24	19.08	33.24
Long-Term Deferred Tax Assets	0.1	0.1	0.12	1.51	1.51	0.11	0.24	0.24	0.24	0.24
Other Long-Term Assets	2.76	2.76	2.9	1.05	1.05	0.83	3.06	3.06	10.27	2.66
Total Assets	101.68	101.68	90.33	111.79	111.79	127.35	114.3	114.3	97.3	111.46

Liabilities

Fiscal Quarter	Q2 2025	Q1 2025	Q4 2024	Q2 2024	Q1 2024	Q4 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period Ending	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022
Accounts Payable	6.19	6.19	4.55	8.21	8.21	18.43	7.15	7.15	6.93	10.13
Accrued Expenses	-	-	0.18	-	-	0.12	-	-	0.86	1.2
Short-Term Debt	2.57	2.57	8.76	5.96	5.96	6.81	13.84	13.84	10.82	11.44
Current Portion of Long-Term Debt	0.22	0.22	0.43	13.81	13.81	13.45	0.21	0.21	0.59	0.59
Current Portion of Leases	-	-	-	-	-	0.01	0.71	0.71	-	0.76
Current Income Taxes Payable	1.26	1.26	2.63	2.13	2.13	2.39	4.75	4.75	1.64	4.3
Other Current Liabilities	12.16	12.16	28.44	41.04	41.04	41.48	40.31	40.31	26.95	33.52
Total Current Liabilities	22.39	22.39	44.98	71.15	71.15	82.68	66.98	66.98	47.79	61.94
Long-Term Debt	0.59	0.59	0.59	0.38	0.38	0.12	0.27	0.27	0.25	0.25
Long-Term Leases	-	-	-	0.13	0.13	-	0.69	0.69	-	1.16
Other Long-Term Liabilities	-	-	-	-	-	-	-	-	1.16	-
Total Liabilities	22.99	22.99	45.58	71.66	71.66	82.8	67.94	67.94	49.2	63.35

Shareholders' Equity

Fiscal Quarter	Q2 2025	Q1 2025	Q4 2024	Q2 2024	Q1 2024	Q4 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period Ending	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022
Common Stock	0.12	0.12	0.05	0.04	0.04	0.03	0.02	0.02	0.02	0.02
Additional Paid-In Capital	95.82	95.82	47.86	45.51	45.51	41.22	41.58	41.58	41.73	41.73
Retained Earnings	-14.78	-14.78	-0.4	-4.01	-4.01	5.79	6.87	6.87	8.74	8.74
Comprehensive Income & Other	-2.47	-2.47	-2.77	-1.41	-1.41	-2.48	-2.11	-2.11	-2.4	-2.4
Shareholders' Equity	78.69	78.69	44.75	40.13	40.13	44.56	46.36	46.36	48.1	48.1
Total Liabilities & Equity	101.68	101.68	90.33	111.79	111.79	127.35	114.3	114.3	97.3	111.46

Additional Metrics

Fiscal Quarter	Q2 2025	Q1 2025	Q4 2024	Q2 2024	Q1 2024	Q4 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period Ending	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022
Total Debt	3.38	3.38	9.78	20.28	20.28	20.39	15.73	15.73	11.66	14.19
Net Cash (Debt)	-2.34	-2.34	-9.08	-19	-19	-16.71	-11.42	-11.42	-7.81	-8.5
Net Cash Growth (YoY)	-	-	-	-	-	-	-	-	-	-
Net Cash Per Share	-1.10	-1.93	-30.69	-77.83	-85.42	-83.22	-68.20	-68.20	-46.64	-49.50
Filing Date Shares Outstanding	4.79	4.79	4.79	0.29	0.29	0.29	0.18	0.18	0.18	0.18
Total Common Shares Outstanding	4.79	4.79	0.42	0.29	0.29	0.22	0.18	0.18	0.18	0.18
Working Capital	61.7	61.7	-0.01	-4.33	-4.33	1.17	3.45	3.45	18.47	4.31
Book Value Per Share	16.42	16.42	107.21	137.00	137.00	207.17	258.48	258.48	268.16	268.16
Tangible Book Value	64.98	64.98	3.64	-0.96	-0.96	3.45	13.13	13.13	29.02	14.86
Tangible Book Value Per Share	13.56	13.56	8.73	-3.28	-3.28	16.03	73.18	73.18	161.79	82.87
Buildings	-	-	1.04	-	-	1.07	-	-	1.1	1.1
Machinery	-	-	7.39	-	-	9.21	-	-	9.95	24.46

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 10, 2026

Data Sources Report a data error