MingZhu Logistics Holdings Limited (YGMZ)

YGMZ Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec 31, 2023	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	3.68	3.68	3.85	5.75	2.11	0.22
Cash & Short-Term Investments	3.68	3.68	3.85	5.75	2.11	0.22
Cash Growth	-35.36%	-4.60%	-33.01%	173.18%	842.08%	-65.51%
Accounts Receivable	31.57	31.57	16.1	3.65	5.34	10.88
Other Receivables	-	-	-	0.24	0.03	0.43
Receivables	62.29	62.29	44.25	26.37	17.14	13.16
Inventory	0.07	0.07	0.05	0.18	0.37	0.1
Prepaid Expenses	11.93	11.93	5.41	0.87	0.27	0.43
Restricted Cash	-	-	-	-	9.5	-
Other Current Assets	5.88	5.88	12.68	6.43	0.81	1.51
Total Current Assets	83.84	83.84	66.25	39.61	30.2	15.43
Property, Plant & Equipment	1.46	1.46	1.46	12.22	3.45	4.6
Goodwill	41.11	41.11	19.08	14.16	-	-
Long-Term Deferred Tax Assets	0.11	0.11	0.24	0.04	0.03	0.02
Other Long-Term Assets	0.83	0.83	10.27	10.33	0.26	0.34
Total Assets	127.35	127.35	97.3	76.35	33.94	20.39
Accounts Payable	18.43	18.43	6.93	1.34	1.42	1.57
Accrued Expenses	0.12	0.12	0.86	0.53	0.58	0.92
Short-Term Debt	6.81	6.81	10.82	9	6.55	2.61
Current Portion of Long-Term Debt	13.45	13.45	0.59	0.41	0.24	1.39
Current Portion of Leases	0.01	0.01	-	2.27	0.05	0.71
Current Income Taxes Payable	2.39	2.39	1.64	2.76	2.27	1.7
Other Current Liabilities	41.48	41.48	26.95	17.99	1.4	0.96
Total Current Liabilities	82.68	82.68	47.79	34.3	12.5	9.84
Long-Term Debt	0.12	0.12	0.25	0.18	0.14	0.36
Long-Term Leases	-	-	-	0.2	0.03	0.16
Other Long-Term Liabilities	-	-	1.16	-	-	-
Total Liabilities	82.8	82.8	49.2	34.68	12.67	10.36
Common Stock	0.03	0.03	0.02	0.02	0.01	0.01
Additional Paid-In Capital	41.22	41.22	41.73	35.8	13.82	4.12
Retained Earnings	5.79	5.79	8.74	6.85	7.78	7
Comprehensive Income & Other	-2.48	-2.48	-2.4	-0.99	-0.35	-1.1
Shareholders' Equity	44.56	44.56	48.1	41.67	21.27	10.03
Total Liabilities & Equity	127.35	127.35	97.3	76.35	33.94	20.39
Total Debt	20.39	20.39	11.66	12.06	7	5.22
Net Cash (Debt)	-16.71	-16.71	-7.81	-6.31	-4.9	-5
Net Cash Per Share	-5.20	-5.20	-2.91	-2.65	-4.07	-4.44
Filing Date Shares Outstanding	4.64	4.64	2.87	2.87	1.99	1.16
Total Common Shares Outstanding	3.44	3.44	2.87	2.39	1.54	1.16
Working Capital	1.17	1.17	18.47	5.31	17.7	5.58
Book Value Per Share	12.95	12.95	16.76	17.42	13.78	8.67
Tangible Book Value	3.45	3.45	29.02	27.52	21.27	10.03
Tangible Book Value Per Share	1.00	1.00	10.11	11.50	13.78	8.67
Buildings	1.07	1.07	1.1	1.19	1.16	1.09
Machinery	9.21	9.21	9.95	8.01	8.35	6.89

Source: S&P Capital IQ. Standard template. Financial Sources.