Mingzhu Gross Profit from 2010 to 2024

YGMZ Stock  USD 0.88  0.07  7.37%   
Mingzhu Logistics Gross Profit yearly trend continues to be fairly stable with very little volatility. Gross Profit is likely to outpace its year average in 2024. Gross Profit is the profit Mingzhu Logistics Holdings makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2010-12-31
Previous Quarter
3.1 M
Current Value
4.7 M
Quarterly Volatility
1.6 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' Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Mingzhu Logistics Holdings over the last few years. Gross profit is a required income statement account that reflects total revenue of Mingzhu Logistics Holdings minus its cost of goods sold. It is profit before Mingzhu Logistics operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Mingzhu Logistics' Gross Profit 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.
ViewLast Reported 9.31 M10 Years Trend
Pretty Stable
   Gross Profit   
       Timeline  

Mingzhu Gross Profit Regression Statistics

Arithmetic Mean4,108,001
Geometric Mean3,883,319
Coefficient Of Variation39.58
Mean Deviation930,360
Median3,809,753
Standard Deviation1,626,120
Sample Variance2.6T
Range7.4M
R-Value0.21
Mean Square Error2.7T
R-Squared0.04
Significance0.46
Slope74,855
Total Sum of Squares37T

Mingzhu Gross Profit History

20244.7 M
20233.1 M
20229.3 M
20211.9 M
20202.8 M
20194.1 M
20185.2 M

Other Fundumenentals of Mingzhu Logistics

Mingzhu Logistics Gross Profit component correlations

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About Mingzhu Logistics Financial Statements

Mingzhu Logistics investors use historical fundamental indicators, such as Mingzhu Logistics' Gross Profit, 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
Gross Profit3.1 M4.7 M
Gross Profit Margin 0.03  0.03 

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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.