Mingzhu Pretax Profit Margin from 2010 to 2024

YGMZ Stock  USD 1.11  0.01  0.91%   
Mingzhu Logistics Pretax Profit Margin yearly trend continues to be fairly stable with very little volatility. Pretax Profit Margin will likely drop to 0.01 in 2024. During the period from 2010 to 2024, Mingzhu Logistics Pretax Profit Margin regression line of annual values had significance of  0 and arithmetic mean of  0.07. View All Fundamentals
 
Pretax Profit Margin  
First Reported
2010-12-31
Previous Quarter
0.00711957
Current Value
0.006764
Quarterly Volatility
0.04877261
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Mingzhu Logistics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mingzhu Logistics' main balance sheet or income statement drivers, such as Tax Provision of 436.1 K, Depreciation And Amortization of 1.6 M or Interest Expense of 576.3 K, as well as many indicators such as Price To Sales Ratio of 1.07, Dividend Yield of 0.0084 or PTB Ratio of 2.14. Mingzhu financial statements analysis is a perfect complement when working with Mingzhu Logistics Valuation or Volatility modules.
  
Check out the analysis of Mingzhu Logistics Correlation against competitors.

Latest Mingzhu Logistics' Pretax Profit Margin Growth Pattern

Below is the plot of the Pretax Profit Margin of Mingzhu Logistics Holdings over the last few years. It is Mingzhu Logistics' Pretax Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mingzhu Logistics' overall financial position and show how it may be relating to other accounts over time.
Pretax Profit Margin10 Years Trend
Slightly volatile
   Pretax Profit Margin   
       Timeline  

Mingzhu Pretax Profit Margin Regression Statistics

Arithmetic Mean0.07
Coefficient Of Variation71.66
Mean Deviation0.04
Median0.09
Standard Deviation0.05
Sample Variance0
Range0.1859
R-Value(0.69)
Mean Square Error0
R-Squared0.48
Significance0
Slope(0.01)
Total Sum of Squares0.03

Mingzhu Pretax Profit Margin History

2024 0.006764
2023 0.00712
2022 0.0213
2021 -0.0463
2020 0.0611
2019 0.0838
2018 0.14

About Mingzhu Logistics Financial Statements

Mingzhu Logistics investors use historical fundamental indicators, such as Mingzhu Logistics' Pretax Profit Margin, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Mingzhu Logistics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.01  0.01 

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Additional Tools for Mingzhu Stock Analysis

When running Mingzhu Logistics' price analysis, check to measure Mingzhu Logistics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mingzhu Logistics is operating at the current time. Most of Mingzhu Logistics' value examination focuses on studying past and present price action to predict the probability of Mingzhu Logistics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mingzhu Logistics' price. Additionally, you may evaluate how the addition of Mingzhu Logistics to your portfolios can decrease your overall portfolio volatility.