Mingzhu Historical Income Statement
YGMZ Stock | USD 1.08 0.03 2.70% |
Historical analysis of Mingzhu Logistics income statement accounts such as Tax Provision of 436.1 K, Depreciation And Amortization of 1.6 M, Interest Expense of 576.3 K or Selling General Administrative of 2.3 M can show how well Mingzhu Logistics Holdings performed in making a profits. Evaluating Mingzhu Logistics income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Mingzhu Logistics's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Mingzhu Logistics latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Mingzhu Logistics is a good buy for the upcoming year.
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About Mingzhu Income Statement Analysis
Mingzhu Logistics Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Mingzhu Logistics shareholders. The income statement also shows Mingzhu investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Mingzhu Logistics Income Statement Chart
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Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Total Revenue
Total revenue comprises all receipts Mingzhu Logistics generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Most accounts from Mingzhu Logistics' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Mingzhu Logistics current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Mingzhu Logistics Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. At this time, Mingzhu Logistics' Tax Provision is fairly stable compared to the past year. Depreciation And Amortization is likely to rise to about 1.6 M in 2024, whereas Net Interest Income is likely to drop (472.8 K) in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 396.2K | 1.4M | 450.3K | 576.3K | Depreciation And Amortization | 1.4M | 2.2M | 878.6K | 1.6M |
Mingzhu Logistics income statement Correlations
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Mingzhu Logistics Account Relationship Matchups
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Mingzhu Logistics income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Tax Provision | 821.3K | 366.4K | 135.4K | 530.0K | 268.6K | 436.1K | |
Net Interest Income | (370.7K) | (374.0K) | (396.2K) | (1.4M) | (450.3K) | (472.8K) | |
Depreciation And Amortization | 1.5M | 1.5M | 1.4M | 2.2M | 878.6K | 1.6M | |
Interest Expense | 370.7K | 374.0K | 396.2K | 1.4M | 450.3K | 576.3K | |
Selling General Administrative | 1.3M | 1.3M | 2.1M | 5.6M | 1.9M | 2.3M | |
Selling And Marketing Expenses | 77.6K | 50.1K | 367.6K | 784.7K | 359.4K | 274.2K | |
Total Revenue | 29.4M | 18.8M | 17.4M | 114.1M | 89.0M | 49.8M | |
Gross Profit | 4.1M | 2.8M | 1.9M | 9.3M | 3.1M | 4.7M | |
Other Operating Expenses | 26.7M | 17.4M | 17.8M | 111.2M | 88.2M | 47.6M | |
Operating Income | 2.7M | 1.4M | (406.8K) | 3.9M | 848.9K | 1.7M | |
Net Income From Continuing Ops | 1.6M | 782.3K | (938.4K) | 1.9M | 365.1K | 346.8K | |
Ebit | 2.7M | 1.4M | (406.8K) | (100.1K) | 1.1M | 1.3M | |
Ebitda | 4.2M | 2.9M | 1.0M | 2.1M | 2.0M | 2.4M | |
Cost Of Revenue | 25.4M | 16.0M | 15.4M | 104.8M | 85.9M | 45.1M | |
Total Operating Expenses | 1.4M | 1.4M | 2.4M | 6.4M | 2.2M | 2.6M | |
Reconciled Depreciation | 1.4M | 1.5M | 1.4M | 3.8M | 878.6K | 834.6K | |
Income Before Tax | 2.5M | 1.1M | (803.0K) | 2.4M | 633.7K | 602.0K | |
Total Other Income Expense Net | (211.0K) | (263.1K) | (315.2K) | 267.9K | (215.2K) | (204.5K) | |
Net Income Applicable To Common Shares | 2.9M | 1.6M | 782.3K | (938.4K) | (844.6K) | (802.3K) | |
Net Income | 1.6M | 782.3K | (938.4K) | 1.9M | (9.6M) | (9.1M) | |
Income Tax Expense | 821.3K | 366.4K | 135.4K | 530.0K | 268.6K | 436.1K |
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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.