Mingzhu Logistics Holdings Limited Revenue Growth Rates (YGMZ), Current and Historic Growth - CSIMarket
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Mingzhu Logistics Holdings Limited  (NASDAQ: YGMZ)
    Sector • Services    Industry • Personal Services
   Industry • Personal Services
   Sector • Services
 

YGMZ's Revenue Growth by Quarter and Year

Mingzhu Logistics Holdings Limited's Revenue results by quarter and year




YGMZ Revenue (in millions $) FY 2023 FY 2022 FY 2021 FY 2020
4th Quarter December 89.00
3rd Quarter September 0.00
2nd Quarter June 0.00
1st Quarter March 0.00
FY 89.00

YGMZs Annual Revenue
Mingzhu Logistics Holdings Limited's Revenue in the fiscal year 2024 $ 40.43 millions
Mingzhu Logistics Holdings Limited's Revenue in the fiscal year 2023 $ 89.00 millions
Mingzhu Logistics Holdings Limited's Revenue in the fiscal year 2022 $ 63.52 millions
Mingzhu Logistics Holdings Limited's Revenue in the fiscal year 2021 $ 17.36 millions
Mingzhu Logistics Holdings Limited's Revenue in the fiscal year 2020 $ 18.79 millions




YGMZ Revenue fourth quarter 2023 Y/Y Growth Comment
Mingzhu Logistics Holdings Limited reported decline in Revenue in the fourth quarter 2023 by -21.98% to $ 89.00 millions, from the same quarter in 2022.
The contraction in the fourth quarter 2023 Mingzhu Logistics Holdings Limited's Revenue compares unfavorably to the Company's average Revenue doubling of 557.15%.

According to the results reported in the fourth quarter 2023, Mingzhu Logistics Holdings Limited achieved the best Revenue growth in Personal Services industry. While Mingzhu Logistics Holdings Limited' s Revenue fall of -21.98% ranks overall at the positon no. 27 in the fourth quarter 2023.




YGMZ Revenue ( Y/Y Growth %) 2023
2022 2021 2020
4th Quarter December -21.98 % 557.09 % - -
3rd Quarter September - - - -
2nd Quarter June - - - -
1st Quarter March - - - -
FY   -21.98 % 557.09 % - -

Financial Statements
Mingzhu Logistics Holdings Limited's fourth quarter 2023 Revenue $ 89.00 millions YGMZ's Income Statement
Mingzhu Logistics Holdings Limited's fourth quarter 2022 Revenue $ 114.07 millions Quarterly YGMZ's Income Statement


YGMZ Revenue (Quarter on Quarter Growth %)

2023
2022 2021 2020
4th Quarter December - - - -
3rd Quarter September - - - -
2nd Quarter June - - - -
1st Quarter March - - - -
FY (Year on Year)   -21.98 % 557.09 % - -




Revenue fourth quarter 2023 Y/Y Growth Company Ranking
Within: No.
Personal Services Industry #0
Services Sector #3
Overall #27

Revenue Y/Y Growth Statistics
High Average Low
557.15 % 557.15 % 557.15 %
(Dec 31 2022)  
Revenue fourth quarter 2023 Y/Y Growth Company Ranking
Within: No.
Personal Services Industry #0
Services Sector #3
Overall #27
Revenue Y/Y Growth Statistics
High Average Low
557.15 % 557.15 % 557.15 %
(Dec 31 2022)  

Revenue by Quarter for the Fiscal Years 2020, 2021, 2022, 2023

Mingzhu Logistics Holdings Limited's Q/Q Revenue Growth


Revenue Q/Q Growth Statistics
High Average Low
0 % 0 % 0 %
 


YGMZ's IV. Quarter Q/Q Revenue Comment


Revenue Q/Q Growth Company Ranking
Within: No.
Personal Services Industry #
Services Sector #
Overall #
Revenue Q/Q Growth Company Ranking
Within: No.
Personal Services Industry #
Services Sector #
Overall #
Revenue Q/Q Growth Statistics
High Average Low
0 % 0 % 0 %
 


YGMZ's IV. Quarter Q/Q Revenue Comment


Mingzhu Logistics Holdings Limited's 12 Months Revenue Growth Year on Year


Revenue TTM Growth

12 Months Ending
(Dec 31 2024)
12 Months Ending
(Dec 31 2023)
12 Months Ending
(Dec 31 2022)
12 Months Ending
(Dec 31 2021)
12 Months Ending
Cumulative Revenue 12 Months Ending $ 40.43 $ 89.00 $ 63.52 $ 17.36 $ 0.00
Y / Y Revenue Growth (TTM) -54.57 % 40.13 % 265.89 % -7.64 % -
Year on Year Revenue Growth Overall Ranking # 42 # 0 # 0 # 0 # 0
Seqeuential Revenue Change (TTM) -54.57 % 40.13 % 265.89 % -7.64 % -
Seq. Revenue Growth (TTM) Overall Ranking # 42 # 0 # 0 # 0 # 0


Cumulative Revenue growth Comment
For the 12 months ended Dec 31 2024 Mingzhu Logistics Holdings Limited reported a sharp drop in Revenue by -54.57% year on year, to $40 millions, compare to the 40.13% growth at Dec 31 2023.

Among companies within the Services sector 2 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 0 to 42.

Revenue TTM Y/Y Growth Company Ranking
Within: No.
Personal Services Industry # 0
Services Sector # 3
Overall # 42

Revenue TTM Y/Y Growth Statistics
High Average Low
557.15 %
267.58 %
-21.98 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 0
Sector # 3
S&P 500 # 42
Cumulative Revenue growth Comment
For the 12 months ended Dec 31 2024 Mingzhu Logistics Holdings Limited reported a sharp drop in Revenue by -54.57% year on year, to $40 millions, compare to the 40.13% growth at Dec 31 2023.

Among companies within the Services sector 2 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 0 to 42.


Revenue TTM Y/Y Growth Company Ranking
Within: No.
Personal Services Industry # 0
Services Sector # 3
Overall # 42

Revenue TTM Y/Y Growth Statistics
High Average Low
557.15 %
267.58 %
-21.98 %
 






Other Revenue Growth
Personal Services Industry Revenue Growth Trends and Statistics
Services Sector Revenue Growth Statistics
Revenue Growth Trends for overall market
YGMZ's Revenue Growth Ratio versus Personal Services Industry, Services Sector and total Market
Highest Ranking Revenue Growth
Lowest Ranking Revenue Growth




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About Mingzhu Logistics Holdings Limited Revenue Growth Rates (YGMZ), Current and Historic Growth - CSIMarket Analysis

How we calculate this

This page is based on issuer-reported fundamentals and CSIMarket’s U.S. equities database (20+ years). Growth is computed using year-over-year (Y/Y), sequential, and trailing-twelve-month (TTM) methods.

What’s included here

Company: Mingzhu Logistics Holdings Ltd (CIK 1782037).

Source & verification

Last updated

  • Page updated:
  • Data lineage: SEC filings → XBRL parse → normalization CSIMarket.com Database → growth calculations.
  • Accession: 0001213900-25-044189
  • Figures are derived from filed reports and may be restated; numbers are subject to revision.

Sources: Mingzhu Logistics Holdings Ltd’s SEC filings (XBRL/Inline XBRL) and CSIMarket.com’s normalization & QA processes.



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