MingZhu Logistics Holdings Limited (YGMZ) Revenue History
Annual and quarterly revenue from 2017 to 2024
Compound Annual Growth Rate (CAGR)
Loading revenue history...
YGMZ Revenue Growth
YGMZ Revenue Analysis (2017–2024)
As of May 8, 2026, MingZhu Logistics Holdings Limited (YGMZ) generated trailing twelve-month (TTM) revenue of $40.4 million, reflecting significant decline in growth of -73.4% year-over-year. The most recent quarter (Q4 2024) recorded $8.8 million in revenue, up 0.0% sequentially.
Looking at the longer-term picture, YGMZ's 5-year compound annual growth rate (CAGR) stands at +6.6%, indicating steady revenue expansion. The company achieved its highest annual revenue of $89.0 million in 2023.
When compared to Industrials sector peers including GFL (+0.3% YoY), HTHT (+5.5% YoY), and ZTO (+14.7% YoY), YGMZ has underperformed the peer group in terms of revenue growth. Compare YGMZ vs GFL →
YGMZ Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| YGMZCurrent | $40M | -73.4% | +6.6% | -10.0% | |
 GFL | $6.6B | +0.3% | +9.5% | 5.2% | |
 HTHT | $24.6B | +5.5% | +19.3% | 25.4% | |
 ZTO | $44.3B | +14.7% | +14.9% | 26.6% | |
 XPO | $8.2B | +3.6% | +5.7% | 8.9% | |
 SAIA | $3.2B | +0.3% | +12.2% | 10.9% |
YGMZ Historical Revenue Data (2017–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $40.4M | -54.6% | $793K | 2.0% | $-4,034,531 | -10.0% |
| 2023 | $89.0M | +40.1% | $3.1M | 3.5% | $849K | 1.0% |
| 2022 | $63.5M | +265.9% | $2.7M | 4.3% | $-100,052 | -0.2% |
| 2021 | $17.4M | -7.6% | $-120,171 | -0.7% | $-487,804 | -2.8% |
| 2020 | $18.8M | -36.1% | $2.8M | 14.8% | $1.4M | 7.5% |
| 2019 | $29.4M | +6.4% | $4.1M | 13.8% | $2.7M | 9.1% |
| 2018 | $27.6M | +34.1% | $5.2M | 19.0% | $4.0M | 14.6% |
| 2017 | $20.6M | - | $3.8M | 18.5% | $2.3M | 11.2% |
See YGMZ's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs YGMZ Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare YGMZ vs SPIR
Side-by-side business, growth, and profitability comparison vs Spire Global, Inc..
Start ComparisonYGMZ — Frequently Asked Questions
Quick answers to the most common questions about buying YGMZ stock.
Is YGMZ's revenue growth accelerating or slowing?
YGMZ revenue declined -73.4% year-over-year, contrasting with the 5-year CAGR of +6.6%. TTM revenue fell to $40M. This reverses the prior growth trend.
What is YGMZ's long-term revenue growth rate?
MingZhu Logistics Holdings Limited's 5-year revenue CAGR of +6.6% reflects the variable expansion pattern. Current YoY growth of -73.4% is below this long-term average.
How is YGMZ's revenue distributed by segment?
YGMZ reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2017-2024 are available for download. Segment mix reveals concentration and diversification trends.