Mingzhu Roic from 2010 to 2024

YGMZ Stock  USD 0.88  0.07  7.37%   
Mingzhu Logistics ROIC yearly trend continues to be fairly stable with very little volatility. ROIC will likely drop to 0.01 in 2024. ROIC is return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders. View All Fundamentals
 
ROIC  
First Reported
2010-12-31
Previous Quarter
0.00753241
Current Value
0.007156
Quarterly Volatility
0.08233639
 
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' Roic Growth Pattern

Below is the plot of the Roic of Mingzhu Logistics Holdings over the last few years. It is return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders. Mingzhu Logistics' ROIC 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.
Roic10 Years Trend
Slightly volatile
   Roic   
       Timeline  

Mingzhu Roic Regression Statistics

Arithmetic Mean0.12
Coefficient Of Variation67.62
Mean Deviation0.07
Median0.17
Standard Deviation0.08
Sample Variance0.01
Range0.2791
R-Value(0.73)
Mean Square Error0
R-Squared0.53
Significance0
Slope(0.01)
Total Sum of Squares0.09

Mingzhu Roic History

2024 0.007156
2023 0.007532
2022 0.0504
2021 -0.008514
2020 0.0341
2019 0.12
2018 0.27

About Mingzhu Logistics Financial Statements

Mingzhu Logistics investors use historical fundamental indicators, such as Mingzhu Logistics' Roic, 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
ROIC 0.01  0.01 

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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.