Revenue
40.4 million USD
2024 · USD
Exact inputs and evidence
- Revenue: 40429750 USD Source
Annual consolidated revenue for 2024: about USD 40.43M, using the latest reported figures. The previous period, 2023, was about USD 89M.
698239 USD
3710133 USD
6679065 shares
94.09% · 3.24 million shares
Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.
Includes later revisions to earlier periods. Annual charts exclude incomplete years.
Latest filing recorded: 2025-12-19.
Financial data available through: 2024-12-31.
Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.
Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.
Prior period
USD 89 million
–
Current period
USD 40.43 million
–
40429750 − 89002243 = -48572493 USD
89002243 USD · 2023-01-01 – 2023-12-31
Inspect prior input Prior source40429750 USD · 2024-01-01 – 2024-12-31
Inspect current input Current sourceThe citation records this snapshot. The page link may show a newer release later.
Prior period
−USD 9.58 million
–
Current period
−USD 6.19 million
–
-6187511 − -9579760 = 3392249 USD
-9579760 USD · 2023-01-01 – 2023-12-31
Inspect prior input Prior source-6187511 USD · 2024-01-01 – 2024-12-31
Inspect current input Current sourceThe citation records this snapshot. The page link may show a newer release later.
Prior period
−USD 10.08 million
–
Current period
−USD 2.59 million
–
-2593308 − -10079465 = 7486157 USD
-10079465 USD · 2023-01-01 – 2023-12-31
Inspect prior input Prior source-2593308 USD · 2024-01-01 – 2024-12-31
Inspect current input Current sourceThe citation records this snapshot. The page link may show a newer release later.
Comparable inputs unavailable for: Capital expenditure.
How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.
| Period | Revenue | Operating costs | Operating income | Tax, interest and other | Net income | Free cash flow | Source |
|---|---|---|---|---|---|---|---|
| 2018 2018-01-01 – 2018-12-31 | 27646789 | 23612023 Derived | 4034766 | 1179879 Derived | 2854887 | 3690406 Derived | Source
|
| 2019 2019-01-01 – 2019-12-31 | 29410550 | 26735484 Derived | 2675066 | 1032272 Derived | 1642794 | 200107 Derived | Source
|
| 2020 2020-01-01 – 2020-12-31 | 18793951 | 17382139 Derived | 1411812 | 629516 Derived | 782296 | -1046238 Derived | Source
|
| 2021 2021-01-01 – 2021-12-31 | 17358914 | 17846718 Derived | -487804 | 450609 Derived | -938413 | -23983643 Derived | Source
|
| 2022 2022-01-01 – 2022-12-31 | 63515071 | 63615123 Derived | -100052 | -1996240 Derived | 1896188 | -3966198 Derived | Source
|
| 2023 2023-01-01 – 2023-12-31 | 89002243 | 88153345 Derived | 848898 | 10428658 Derived | -9579760 | Unavailable | Source
|
| 2024 2024-01-01 – 2024-12-31 | 40429750 | 44464281 Derived | -4034531 | 2152980 Derived | -6187511 | -2697280 Derived | Source
|
Amounts are exact, in USD.
Sales over time and how quickly they are changing.
Revenue reported for each complete financial period.
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2018 | Revenue | 27646789 |
|
| 2019 | Revenue | 29410550 |
|
| 2020 | Revenue | 18793951 |
|
| 2021 | Revenue | 17358914 |
|
| 2022 | Revenue | 63515071 |
|
| 2023 | Revenue | 89002243 |
|
| 2024 | Revenue | 40429750 |
|
Change in revenue from the same financial period one year earlier.
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2018 | Year over year | No prior comparable period |
|
| 2019 | Year over year | 6.4% |
|
| 2020 | Year over year | -36.1% |
|
| 2021 | Year over year | -7.6% |
|
| 2022 | Year over year | 265.9% |
|
| 2023 | Year over year | 40.1% |
|
| 2024 | Year over year | -54.6% |
|
How much revenue becomes profit, and how much cash operations generate.
Operating income, net income and free cash flow as a share of revenue.
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2018 | Operating margin | 14.6% |
|
| 2019 | Operating margin | 9.1% |
|
| 2020 | Operating margin | 7.5% |
|
| 2021 | Operating margin | -2.8% |
|
| 2022 | Operating margin | -0.2% |
|
| 2023 | Operating margin | 1% |
|
| 2024 | Operating margin | -10% |
|
| 2018 | Net margin | 10.3% |
|
| 2019 | Net margin | 5.6% |
|
| 2020 | Net margin | 4.2% |
|
| 2021 | Net margin | -5.4% |
|
| 2022 | Net margin | 3% |
|
| 2023 | Net margin | -10.8% |
|
| 2024 | Net margin | -15.3% |
|
| 2018 | Free cash flow margin | 13.3% |
|
| 2019 | Free cash flow margin | 0.7% |
|
| 2020 | Free cash flow margin | -5.6% |
|
| 2021 | Free cash flow margin | -138.2% |
|
| 2022 | Free cash flow margin | -6.2% |
|
| 2023 | Free cash flow margin | Not reported |
|
| 2024 | Free cash flow margin | -6.7% |
|
Cash generated by the company’s normal business operations.
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2018 | Operating cash flow | 3798997 |
|
| 2019 | Operating cash flow | 1117395 |
|
| 2020 | Operating cash flow | -890209 |
|
| 2021 | Operating cash flow | -23784162 |
|
| 2022 | Operating cash flow | -3953955 |
|
| 2023 | Operating cash flow | -10079465 |
|
| 2024 | Operating cash flow | -2593308 |
|
Operating cash flow minus capital expenditure for the same period and unit.
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2018 | Free cash flow | 3690406 |
|
| 2019 | Free cash flow | 200107 |
|
| 2020 | Free cash flow | -1046238 |
|
| 2021 | Free cash flow | -23983643 |
|
| 2022 | Free cash flow | -3966198 |
|
| 2023 | Free cash flow | Unavailable |
|
| 2024 | Free cash flow | -2697280 |
|
Liabilities and short-term ability to meet obligations at each period end.
Total liabilities as a share of total assets.
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2018-12-31 | Liabilities / assets | Not reported | No source recorded |
| 2019 | Liabilities / assets | 50.8% |
|
| 2020 | Liabilities / assets | 37.3% |
|
| 2021 | Liabilities / assets | 45.4% |
|
| 2022 | Liabilities / assets | 50.6% |
|
| 2023 | Liabilities / assets | 65% |
|
| 2024 | Liabilities / assets | 50.5% |
|
Current assets divided by current liabilities.
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2018-12-31 | Current assets / current liabilities | Not reported | No source recorded |
| 2019 | Current assets / current liabilities | 1.57× |
|
| 2020 | Current assets / current liabilities | 2.42× |
|
| 2021 | Current assets / current liabilities | 1.15× |
|
| 2022 | Current assets / current liabilities | 1.39× |
|
| 2023 | Current assets / current liabilities | 1.01× |
|
| 2024 | Current assets / current liabilities | 1× |
|
Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.
| Period | Net income | Operating cash flow | Capital expenditure | Free cash flow |
|---|---|---|---|---|
| 2018 2018-01-01 – 2018-12-31 | USD 2.85 million Exact valueExact value: 2854887 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 3.8 million Exact valueExact value: 3798997 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 108,591 Exact valueExact value: 108591 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 3.69 million Calculation and evidence3798997 − 108591 USD Exact free cash flow: 3690406 USD
Share or citeThe citation records this snapshot. The page link may show a newer release later. |
| 2019 2019-01-01 – 2019-12-31 | USD 1.64 million Exact valueExact value: 1642794 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 1.12 million Exact valueExact value: 1117395 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 917,288 Exact valueExact value: 917288 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 200,107 Calculation and evidence1117395 − 917288 USD Exact free cash flow: 200107 USD
Share or citeThe citation records this snapshot. The page link may show a newer release later. |
| 2020 2020-01-01 – 2020-12-31 | USD 782,296 Exact valueExact value: 782296 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 890,209 Exact valueExact value: -890209 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 156,029 Exact valueExact value: 156029 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 1.05 million Calculation and evidence-890209 − 156029 USD Exact free cash flow: -1046238 USD
Share or citeThe citation records this snapshot. The page link may show a newer release later. |
| 2021 2021-01-01 – 2021-12-31 | −USD 938,413 Exact valueExact value: -938413 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 23.78 million Exact valueExact value: -23784162 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 199,481 Exact valueExact value: 199481 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 23.98 million Calculation and evidence-23784162 − 199481 USD Exact free cash flow: -23983643 USD
Share or citeThe citation records this snapshot. The page link may show a newer release later. |
| 2022 2022-01-01 – 2022-12-31 | USD 1.9 million Exact valueExact value: 1896188 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 3.95 million Exact valueExact value: -3953955 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 12,243 Exact valueExact value: 12243 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 3.97 million Calculation and evidence-3953955 − 12243 USD Exact free cash flow: -3966198 USD
Share or citeThe citation records this snapshot. The page link may show a newer release later. |
| 2023 2023-01-01 – 2023-12-31 | −USD 9.58 million Exact valueExact value: -9579760 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 10.08 million Exact valueExact value: -10079465 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2024 2024-01-01 – 2024-12-31 | −USD 6.19 million Exact valueExact value: -6187511 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 2.59 million Exact valueExact value: -2593308 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 103,972 Exact valueExact value: 103972 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 2.7 million Calculation and evidence-2593308 − 103972 USD Exact free cash flow: -2697280 USD
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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.
Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.
72 filings · 480 latest values · 480 originally reported values
Dataset published . Source filing dates and reporting periods are shown separately.
Identifiers: 0001782037, 1782037, YGMZ, YGMZF, edgar:1782037
Also known as MingZhu Logistics Holdings Limited, MingZhu Logistics Holdings Ltd, Mingzhu Logistics Holdings Limited