MingZhu Logistics Holdings Limited (YGMZ)

YGMZ Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	0.7	3.68	3.85	5.75	2.11
Cash & Short-Term Investments	0.7	3.68	3.85	5.75	2.11
Cash Growth	-81.01%	-4.59%	-33.01%	173.18%	842.08%
Accounts Receivable	2.71	31.57	16.1	3.65	5.34
Other Receivables	0.01	-	-	0.24	0.03
Receivables	31.62	62.29	44.25	26.37	17.14
Inventory	0.06	0.07	0.05	0.18	0.37
Prepaid Expenses	7.49	11.93	5.41	0.87	0.27
Restricted Cash	-	-	-	-	9.5
Other Current Assets	5.1	5.88	12.68	6.43	0.81
Total Current Assets	44.97	83.84	66.25	39.61	30.2
Property, Plant & Equipment	0.73	1.46	1.46	12.22	3.45
Long-Term Investments	0.5	-	-	-	-
Goodwill	41.11	41.11	19.08	14.16	-
Long-Term Deferred Tax Assets	0.12	0.11	0.24	0.04	0.03
Other Long-Term Assets	2.9	0.83	10.27	10.33	0.26
Total Assets	90.33	127.35	97.3	76.35	33.94
Accounts Payable	4.55	18.43	6.93	1.34	1.42
Accrued Expenses	0.18	0.12	0.86	0.53	0.58
Short-Term Debt	8.76	6.81	10.82	9	6.55
Current Portion of Long-Term Debt	0.43	13.45	0.59	0.41	0.24
Current Portion of Leases	-	0.01	-	2.27	0.05
Current Income Taxes Payable	2.63	2.39	1.64	2.76	2.27
Other Current Liabilities	28.44	41.48	26.95	17.99	1.4
Total Current Liabilities	44.98	82.68	47.79	34.3	12.5
Long-Term Debt	0.59	0.12	0.25	0.18	0.14
Long-Term Leases	-	-	-	0.2	0.03
Other Long-Term Liabilities	-	-	1.16	-	-
Total Liabilities	45.58	82.8	49.2	34.68	12.67
Common Stock	0.05	0.03	0.02	0.02	0.01
Additional Paid-In Capital	47.86	41.22	41.73	35.8	13.82
Retained Earnings	-0.4	5.79	8.74	6.85	7.78
Comprehensive Income & Other	-2.77	-2.48	-2.4	-0.99	-0.35
Shareholders' Equity	44.75	44.56	48.1	41.67	21.27
Total Liabilities & Equity	90.33	127.35	97.3	76.35	33.94
Total Debt	9.78	20.39	11.66	12.06	7
Net Cash (Debt)	-9.08	-16.71	-7.81	-6.31	-4.9
Net Cash Per Share	-1.92	-5.20	-2.91	-2.65	-4.07
Filing Date Shares Outstanding	76.68	4.64	2.87	2.87	1.99
Total Common Shares Outstanding	6.68	3.44	2.87	2.39	1.54
Working Capital	-0.01	1.17	18.47	5.31	17.7
Book Value Per Share	6.70	12.95	16.76	17.42	13.78
Tangible Book Value	3.64	3.45	29.02	27.52	21.27
Tangible Book Value Per Share	0.55	1.00	10.11	11.50	13.78
Buildings	1.04	1.07	1.1	1.19	1.16
Machinery	7.39	9.21	9.95	8.01	8.35

Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q