Friday 6 November 2026
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MingZhu Logistics Holdings Limited
YGMZF Industrials Trucking
MingZhu Logistics Holdings Limited’s revenue for fiscal 2025 (year ended December 2025) was $22.7 million, down 43.9% from fiscal 2024.
- Revenue
- −94.2%
- EPS
- −98.4%
- Free cash flow
- +124.3%
- Total debt
- −21.9%
Quarter to June 2026, against a year earlier
0.00
0.00
NaN
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Jun ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | — | 21 | 28 | 29 | 19 | 17 | 64 | 89 | 40 | 23 | 119 | +1.2% | — | — | — | — | |
| Gross margin, % | — | 18.22 | 18.59 | 13.22 | 14.81 | 11.12 | 4.28 | 3.45 | 1.96 | (8.18) | 5.45 | (26.4) pt | ||||||
| EBT | — | 2 | 4 | 2 | 1 | (1) | 0 | 1 | (6) | (9) | (1) | n/m | ||||||
| EBT margin, % | — | 9.34 | 13.97 | 8.38 | 6.11 | (4.63) | 0.26 | 0.71 | (15.22) | (39.51) | (0.80) | (48.8) pt | ||||||
| Net income | — | 0 | 3 | 2 | 1 | (1) | 2 | (10) | (6) | (9) | (16) | n/m | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | — | 1.66 | 2.22 | 2.36 | 249.92 | 116.74 | 379.42 | 443.24 | 8.54 | 0.28 | 1.49 | (19.8%) | |||||
| Earnings | — | 0.10 | 0.23 | 0.13 | 10.24 | (6.40) | 11.52 | (47.36) | (1.31) | (0.12) | (0.04) | n/m | ||||||
| Cash flow | — | 0.16 | 0.31 | 0.09 | (11.84) | (159.95) | (23.62) | (50.20) | (0.55) | (0.49) | 0.00 | n/m | ||||||
| Capex | — | 0.00 | 0.00 | 0.00 | (2.07) | (1.34) | 0.08 | 0.45 | (0.02) | 0.00 | 0.00 | n/m | ||||||
| Free cash flow | — | 0.16 | 0.31 | 0.09 | (13.91) | (161.29) | (23.54) | (49.75) | (0.56) | (0.49) | 0.00 | n/m | ||||||
| Book value | — | 0.85 | 0.75 | 0.87 | 282.90 | 280.25 | 287.35 | 221.90 | 9.45 | 1.04 | 0.00 | +2.6% | ||||||
| Shares, m | — | 12 | 12 | 12 | 0 | 0 | 0 | 0 | 5 | 80 | 47 | +26.2% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | — | 35.42 | 35.42 | 35.42 | 7,224.89 | 26,240.00 | 3,025.00 | 3,120.00 | 789.50 | 0.00 | 0.00 | 4,500.6 | |||||
| P/S | — | 0.00 | 0.00 | 0.00 | 452.22 | 138.88 | 21.14 | 7.52 | 1.90 | 0.00 | 0.00 | 69.1 | ||||||
| P/B | — | 620.33 | 620.33 | 620.33 | 755.19 | 105.33 | 57.76 | 30.01 | 7.56 | 0.00 | 0.00 | 313.0 | ||||||
| EV/Sales | — | 0.00 | 0.00 | 0.00 | 452.08 | 138.95 | 21.20 | 7.61 | 1.92 | 0.01 | 0.02 | 69.1 | ||||||
| EV/FCF | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | (72.41) | (58.26) | (14.29) | (0.03) | (0.04) | (16.1) | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | — | 2 | 4 | 1 | (1) | (24) | (4) | (10) | (3) | (40) | (53) | n/m | |||||
| Capex | — | 0 | 0 | (1) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | n/m | ||||||
| Free cash flow | — | 2 | 4 | 1 | (1) | (24) | (4) | (10) | (3) | (39) | (53) | n/m | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | — | 0 | 5 | 6 | 18 | 5 | 18 | 1 | 0 | 66 | 67 | n/m | |||||
| Net debt | — | 5 | 3 | 5 | (5) | 3 | 6 | 17 | 3 | 2 | 2 | (10.4%) | ||||||
| Shareholders’ equity | — | 11 | 9 | 11 | 21 | 42 | 48 | 45 | 45 | 83 | 84 | +29.5% | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | — | 6.26 | 14.44 | 8.65 | 2.84 | (1.70) | 2.18 | (8.53) | (5.68) | (8.95) | 0.00 | (15.2) pt | |||||
| ROIC | — | 0.00 | 0.00 | 0.00 | 5.31 | (0.69) | (0.11) | 0.87 | (5.28) | (5.00) | 0.00 | (5.0) pt | ||||||
| ROE | — | 12.44 | 28.69 | 16.24 | 4.87 | (2.98) | 4.22 | (20.68) | (13.86) | (14.02) | 0.00 | (26.5) pt | ||||||
| People | ||||||||||||||||||
| People | Employees | — | — | — | — | — | 81 | 180 | 180 | 26 | 26 | — | (24.7%) | |||||
| Revenue/emp, $m | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.21 | 0.35 | 0.49 | 1.55 | 0.87 | — | n/m | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Mar 2026 · fundamentals updated 2 Nov 2026
MingZhu Logistics Holdings Limited vs peers in Trucking (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| MRTN Marten Transport, Ltd. | $978.3M | 66.1× | 59.6× | +1.25% (above 0%: growing) | +33.33% (above 0%: growing) | +100,952.63% (above 0%: growing) | 60.93% | 1.37% | Compare |
| CVLG Covenant Logistics Group, Inc. | $821.5M | 215× | 20.2× | +9.91% (above 0%: growing) | −10.53% (below 0%: shrinking) | −406.90% (below 0%: shrinking) | 58.97% | 2.66% | Compare |
| HTLD Heartland Express, Inc. | $784.9M | — (loss-making) | 88.0× | −12.48% (below 0%: shrinking) | n/m | +144.91% (above 0%: growing) | 27.63% | 8.99% | Compare |
| ULH Universal Logistics Holdings, Inc. | $777.1M | — (loss-making) | 16.9× | −3.67% (below 0%: shrinking) | +209.37% (above 0%: growing) | +220.86% (above 0%: growing) | 37.71% | 11.90% | Compare |
| PAMT PAMT Corp. | $274.4M | — (loss-making) | — (loss-making) | +8.94% (above 0%: growing) | n/m | −109.49% (below 0%: shrinking) | 60.74% | (6.32%) | Compare |
| TSPH CreateAI Holdings Inc. | $41.2M | — (loss-making) | — (loss-making) | −96.45% (below 0%: shrinking) | n/m | +26.30% (above 0%: growing) | 0.00% | 0.00% | Compare |
| ETS Elite Express Holding Inc. | $19.4M | — (loss-making) | — | +20.90% (above 0%: growing) | n/m | 0.00% | 12.50% | (120.21%) | Compare |
| TOPP Toppoint Holdings Inc. | $2.9M | — (loss-making) | — | +16.91% (above 0%: growing) | n/m | +77.83% (above 0%: growing) | 8.14% | (7.34%) | Compare |
| YGMZF MingZhu Logistics Holdings Limited | $80.0K | — (loss-making) | 9.5× | −94.20% (below 0%: shrinking) | −98.38% (below 0%: shrinking) | +124.29% (above 0%: growing) | 7.00% | 2.92% | |
| Median of peers | $525.7M | — | 39.9× | +5.09% | +33.33% | +52.07% | 32.67% | 0.69% |
Pay and ownership Proxy statement filed 19 August 2024
Ownership
Directors and executive officers, together
14.10%
Alpha Global (BVI) Limited
14.10%
Jinlong Yang
14.10%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more.
Read the proxy statement