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.
 
Covid
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.
  
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.

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

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.

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 Expense396.2K1.4M450.3K576.3K
Depreciation And Amortization1.4M2.2M878.6K1.6M

Mingzhu Logistics income statement Correlations

0.22-0.05-0.24-0.29-0.52-0.310.28-0.350.830.880.880.94-0.34-0.33-0.040.920.540.611.0
0.22-0.81-1.0-0.98-0.91-0.85-0.85-0.84-0.33-0.160.560.38-0.83-0.98-0.92-0.08-0.590.030.22
-0.05-0.810.830.790.640.450.750.440.370.19-0.4-0.180.420.770.830.130.460.22-0.05
-0.24-1.00.830.980.910.850.850.850.320.13-0.57-0.390.840.980.890.050.57-0.09-0.24
-0.29-0.980.790.980.920.820.820.820.240.04-0.65-0.490.811.00.88-0.040.53-0.08-0.29
-0.52-0.910.640.910.920.870.620.88-0.02-0.19-0.76-0.650.870.950.73-0.270.34-0.32-0.52
-0.31-0.850.450.850.820.870.691.00.180.07-0.49-0.421.00.840.61-0.020.43-0.44-0.31
0.28-0.850.750.850.820.620.690.660.750.58-0.10.090.650.790.820.520.860.180.28
-0.35-0.840.440.850.820.881.00.660.150.03-0.52-0.451.00.840.61-0.050.4-0.45-0.35
0.83-0.330.370.320.24-0.020.180.750.150.960.570.720.150.20.450.950.870.520.83
0.88-0.160.190.130.04-0.190.070.580.030.960.710.840.030.00.30.990.790.560.88
0.880.56-0.4-0.57-0.65-0.76-0.49-0.1-0.520.570.710.97-0.5-0.68-0.430.760.240.380.88
0.940.38-0.18-0.39-0.49-0.65-0.420.09-0.450.720.840.97-0.44-0.52-0.210.880.40.530.94
-0.34-0.830.420.840.810.871.00.651.00.150.03-0.5-0.440.830.59-0.050.4-0.47-0.34
-0.33-0.980.770.981.00.950.840.790.840.20.0-0.68-0.520.830.87-0.080.51-0.12-0.33
-0.04-0.920.830.890.880.730.610.820.610.450.3-0.43-0.210.590.870.240.670.36-0.04
0.92-0.080.130.05-0.04-0.27-0.020.52-0.050.950.990.760.88-0.05-0.080.240.750.60.92
0.54-0.590.460.570.530.340.430.860.40.870.790.240.40.40.510.670.750.420.54
0.610.030.22-0.09-0.08-0.32-0.440.18-0.450.520.560.380.53-0.47-0.120.360.60.420.61
1.00.22-0.05-0.24-0.29-0.52-0.310.28-0.350.830.880.880.94-0.34-0.33-0.040.920.540.61
Click cells to compare fundamentals

Mingzhu Logistics Account Relationship Matchups

Mingzhu Logistics income statement Accounts

201920202021202220232024 (projected)
Tax Provision821.3K366.4K135.4K530.0K268.6K436.1K
Net Interest Income(370.7K)(374.0K)(396.2K)(1.4M)(450.3K)(472.8K)
Depreciation And Amortization1.5M1.5M1.4M2.2M878.6K1.6M
Interest Expense370.7K374.0K396.2K1.4M450.3K576.3K
Selling General Administrative1.3M1.3M2.1M5.6M1.9M2.3M
Selling And Marketing Expenses77.6K50.1K367.6K784.7K359.4K274.2K
Total Revenue29.4M18.8M17.4M114.1M89.0M49.8M
Gross Profit4.1M2.8M1.9M9.3M3.1M4.7M
Other Operating Expenses26.7M17.4M17.8M111.2M88.2M47.6M
Operating Income2.7M1.4M(406.8K)3.9M848.9K1.7M
Net Income From Continuing Ops1.6M782.3K(938.4K)1.9M365.1K346.8K
Ebit2.7M1.4M(406.8K)(100.1K)1.1M1.3M
Ebitda4.2M2.9M1.0M2.1M2.0M2.4M
Cost Of Revenue25.4M16.0M15.4M104.8M85.9M45.1M
Total Operating Expenses1.4M1.4M2.4M6.4M2.2M2.6M
Reconciled Depreciation1.4M1.5M1.4M3.8M878.6K834.6K
Income Before Tax2.5M1.1M(803.0K)2.4M633.7K602.0K
Total Other Income Expense Net(211.0K)(263.1K)(315.2K)267.9K(215.2K)(204.5K)
Net Income Applicable To Common Shares2.9M1.6M782.3K(938.4K)(844.6K)(802.3K)
Net Income1.6M782.3K(938.4K)1.9M(9.6M)(9.1M)
Income Tax Expense821.3K366.4K135.4K530.0K268.6K436.1K

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.