Mingzhu Cost Of Revenue from 2010 to 2024

YGMZ Stock  USD 0.88  0.07  7.37%   
Mingzhu Logistics Cost Of Revenue yearly trend continues to be fairly stable with very little volatility. Cost Of Revenue will likely drop to about 45.1 M in 2024. During the period from 2010 to 2024, Mingzhu Logistics Cost Of Revenue regression line of annual values had r-squared of  0.38 and arithmetic mean of  29,959,550. View All Fundamentals
 
Cost Of Revenue  
First Reported
2010-12-31
Previous Quarter
85.9 M
Current Value
45.1 M
Quarterly Volatility
27.8 M
 
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' Cost Of Revenue Growth Pattern

Below is the plot of the Cost Of Revenue of Mingzhu Logistics Holdings over the last few years. Cost of Revenue is found on Mingzhu Logistics income statement and represents the costs associated with goods and services Mingzhu Logistics provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities. It is Mingzhu Logistics' Cost Of Revenue 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.
Cost Of Revenue10 Years Trend
Slightly volatile
   Cost Of Revenue   
       Timeline  

Mingzhu Cost Of Revenue Regression Statistics

Arithmetic Mean29,959,550
Geometric Mean23,474,402
Coefficient Of Variation92.81
Mean Deviation19,449,098
Median16,806,258
Standard Deviation27,806,053
Sample Variance773.2T
Range89.3M
R-Value0.61
Mean Square Error519.8T
R-Squared0.38
Significance0.02
Slope3,810,902
Total Sum of Squares10824.5T

Mingzhu Cost Of Revenue History

202445.1 M
202385.9 M
2022104.8 M
202115.4 M
202016 M
201925.4 M
201822.4 M

About Mingzhu Logistics Financial Statements

Mingzhu Logistics investors use historical fundamental indicators, such as Mingzhu Logistics' Cost Of Revenue, 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
Cost Of Revenue85.9 M45.1 M

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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.