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YGMZMingZhu Logistics Holdings Limited
$0.00$20705
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  4. Financial Ratios

MingZhu Logistics Holdings Limited (YGMZ) Financial Ratios

Latest Ratios: P/E Ratio -0.0x · EV/EBITDA N/A · ROE -13.9%. (2017–2024 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

YGMZ Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
Market Cap$20705$85M$193M$2.3B$5.0B$12.5B———
Enterprise Value$3M$88M$210M$2.3B$5.0B$12.5B———
P/E Ratio →-0.00——1216.72—16015.76———
P/S Ratio0.002.112.1736.33287.74666.64———
P/B Ratio0.001.914.3447.97104.78588.92———
P/FCF—————————
P/OCF—————————

P/E links to full P/E history page with 30-year chart

YGMZ EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
EV / Revenue—2.182.3636.44288.02666.90———
EV / EBITDA——121.561105.465260.024275.93———
EV / EBIT——193.722418.29—8230.78———
EV / FCF—————————

YGMZ Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
Gross Margin2.0%2.0%3.5%4.3%-0.7%14.8%13.8%19.0%18.5%
Operating Margin-10.0%-10.0%1.0%-0.2%-2.8%7.5%9.1%14.6%11.2%
Net Profit Margin-15.3%-15.3%-10.8%3.0%-5.4%4.2%5.6%10.3%6.0%

Return on Capital

MetricTTMFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
ROE-13.9%-13.9%-20.7%4.0%-2.7%5.0%17.7%42.2%24.6%
ROA-5.7%-5.7%-8.0%2.0%-1.6%2.9%9.1%17.2%7.2%
ROIC-5.6%-5.6%1.1%-0.1%-0.9%5.1%14.9%27.3%16.9%
ROCE-9.0%-9.0%1.6%-0.2%-1.4%8.8%25.6%50.3%40.8%

YGMZ Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
Debt / Equity0.080.080.460.240.220.330.520.471.12
Debt / EBITDA——11.805.4511.192.391.290.741.58
Net Debt / Equity—0.070.380.150.100.230.500.391.05
Net Debt / EBITDA——9.673.395.141.671.240.621.48
Debt / FCF——————24.980.902.88
Interest Coverage-10.93-10.931.89-0.13-1.233.777.2211.357.99

YGMZ Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
Current Ratio1.001.001.011.391.152.421.571.920.99
Quick Ratio1.001.001.011.361.152.391.561.910.97
Cash Ratio0.020.020.040.120.170.170.020.120.03
Asset Turnover—0.450.700.570.210.551.441.741.19
Inventory Turnover1205.01—1205.0194.2783.8543.17241.995573.2996.86
Days Sales Outstanding—287.10257.97259.24100.14340.51164.67104.13168.46

YGMZ Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
Dividend Yield—————————
Payout Ratio———————127.2%35.5%

Total Shareholder Return Metrics

MetricTTMFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
Earnings Yield———0.1%—0.0%———
FCF Yield—————————
Buyback Yield0.0%0.0%0.0%0.0%0.0%0.0%———
Total Shareholder Yield0.0%0.0%0.0%0.0%0.0%0.0%———
Shares Outstanding—$5M$3M$21M$19M$10M$12M$12M$12M

Key Metrics

Growth RegimeContracting
ProfitabilityNegative
Balance SheetVulnerable
Cash FlowBurning
Top Statement Risk

Severe liquidity and solvency

Margin Erosion Signals Structural Weakness

According to recent financial statements, YGMZ's gross margin has compressed to a nominal 2.6% as of 2024Q4, indicating that the company lacks the pricing power necessary to offset rising input costs and maintain a sustainable spread over its variable operating expenses in a hyper-competitive market.

The razor-thin gross margins suggest that the company's service offering is viewed as a commodity, leaving virtually no buffer to absorb fluctuations in fuel or subcontractor costs. This lack of profitability appears structural rather than cyclical, as the company consistently fails to cover its fixed administrative overhead, leading to deeply negative operating margins.

Capital Returns Reflect Value Destruction

Based on reported figures, YGMZ's ROIC has fluctuated between negative territory and a marginal 5.2% in 2024Q4, suggesting that the company is failing to generate returns that exceed its cost of capital, thereby eroding shareholder value rather than compounding it over the long term.

The volatility in return metrics highlights an inability to optimize the deployment of its 102-tractor fleet. Investors should monitor whether the company can achieve consistent positive returns, as current trends suggest that the capital invested in the business is not being utilized efficiently to drive sustainable growth.

Working Capital Management Remains Volatile

As reported in quarterly filings, YGMZ's Days Sales Outstanding (DSO) reached an extreme 1324 days in 2024Q4, which suggests significant challenges in collecting receivables and potentially indicates that the company is extending unsustainable credit terms to its freight forwarder clients to maintain volume.

The erratic nature of the cash conversion cycle, coupled with high DSO, implies that the company lacks leverage over its customer base. This inefficiency in working capital management places additional strain on the company's already limited liquidity, as cash remains tied up in uncollected receivables for extended periods.

Liquidity Position Nearing Critical Threshold

Based on the latest quarterly data, YGMZ's current ratio of 1.00 indicates that the company has barely enough liquid assets to cover its short-term obligations, leaving it highly vulnerable to any further revenue contraction or unexpected spikes in operational expenses.

With cash reserves falling below $700,000, the company appears to have a very short runway before requiring external financing. This liquidity profile suggests that the firm is operating under extreme stress, with little room for error in managing its day-to-day cash requirements.

Debt-to-Equity Ratio Misleadingly Low

While the reported debt-to-equity ratio of 0.08 might suggest a healthy balance sheet, this metric is fundamentally misapplied to YGMZ because it ignores the fact that a significant portion of the company's equity is comprised of non-cash goodwill rather than tangible, productive capital.

Analysts should focus on tangible book value rather than standard leverage ratios to assess the company's true solvency. Relying on the D/E ratio obscures the reality that the company's asset base is heavily reliant on intangible valuations that may not be realizable in a liquidation scenario.

Download Financial Ratios Data

Includes 30+ ratios · 8 years · Updated daily

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YGMZ — Frequently Asked Questions

Quick answers to the most common questions about buying YGMZ stock.

What is MingZhu Logistics Holdings Limited's P/E ratio?

MingZhu Logistics Holdings Limited's current P/E ratio is -0.0x. This places it at the 50th percentile of its historical range.

What is MingZhu Logistics Holdings Limited's ROE?

MingZhu Logistics Holdings Limited's return on equity (ROE) is -13.9%. The historical average is 7.0%.

Is YGMZ stock overvalued?

Based on historical data, MingZhu Logistics Holdings Limited is trading at a P/E of -0.0x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.

What are MingZhu Logistics Holdings Limited's profit margins?

MingZhu Logistics Holdings Limited has 2.0% gross margin and -10.0% operating margin.