Mingzhu Retained Earnings from 2010 to 2024

YGMZ Stock  USD 0.88  0.07  7.37%   
Mingzhu Logistics Retained Earnings yearly trend continues to be fairly stable with very little volatility. Retained Earnings are likely to outpace its year average in 2024. Retained Earnings is the cumulative amount of net income that Mingzhu Logistics Holdings retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. View All Fundamentals
 
Retained Earnings  
First Reported
2018-12-31
Previous Quarter
4.9 M
Current Value
4.9 M
Quarterly Volatility
889.2 K
 
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' Retained Earnings Growth Pattern

Below is the plot of the Retained Earnings of Mingzhu Logistics Holdings over the last few years. It is the cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. Mingzhu Logistics' Retained Earnings 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 4.9 M10 Years Trend
Slightly volatile
   Retained Earnings   
       Timeline  

Mingzhu Retained Earnings Regression Statistics

Arithmetic Mean4,040,717
Geometric Mean3,560,805
Coefficient Of Variation51.73
Mean Deviation1,907,680
Median2,252,267
Standard Deviation2,090,386
Sample Variance4.4T
Range5.5M
R-Value0.83
Mean Square Error1.4T
R-Squared0.70
Significance0.0001
Slope390,128
Total Sum of Squares61.2T

Mingzhu Retained Earnings History

20246.1 M
20234.9 M
20227.7 M
20215.9 M
20206.9 M
20196.2 M
20184.8 M

About Mingzhu Logistics Financial Statements

Mingzhu Logistics investors use historical fundamental indicators, such as Mingzhu Logistics' Retained Earnings, 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
Retained Earnings4.9 M6.1 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.