MingZhu Logistics (YGMZ) Revenue & Revenue Breakdown


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MingZhu Logistics Revenue Highlights


Latest Revenue (Y)

$89.00M

Latest Revenue (Q)

$32.91M

MingZhu Logistics Revenue by Period


MingZhu Logistics Revenue by Year

DateRevenueChange
2023-12-31$89.00M-21.98%
2022-12-31$114.07M557.15%
2021-12-31$17.36M-7.64%
2020-12-31$18.79M-36.10%
2019-12-31$29.41M6.38%
2018-12-31$27.65M34.10%
2017-12-31$20.62M-

MingZhu Logistics generated $89.00M in revenue during NA 2023, up -21.98% compared to the previous quarter, and up 321.93% compared to the same period a year ago.

MingZhu Logistics Revenue by Quarter

DateRevenueChange
2023-12-31$32.91M-41.33%
2023-06-30$56.09M100.00%
2023-03-31$28.05M-47.82%
2022-12-31$53.74M100.00%
2022-09-30$26.87M-55.46%
2022-06-30$60.33M-1682.99%
2021-12-31$-3.81M60.39%
2020-12-31$-2.38M-153.56%
2020-06-30$4.44M-48.86%
2019-12-31$8.68M-21.60%
2019-09-30$11.07M37.32%
2018-12-31$8.06M-

MingZhu Logistics generated $32.91M in revenue during Q4 2023, up -41.33% compared to the previous quarter, and up 54.55% compared to the same period a year ago.

MingZhu Logistics Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
TFIITFI$7.52B$1.86B
SNDRSchneider National$5.50B$1.32B
ARCBArcBest$4.43B$1.06B
RXORXO$3.93B$1.04M
WERNWerner Enterprises$3.28B$745.70M
ULHUniversal Logistics$1.66B$426.83M
HTLDHeartland Express$1.21B$274.75M
MRTNMarten Transport$1.13B$237.37M
CVLGCovenant Logistics Group$1.10B$287.88M
YGMZMingZhu Logistics$89.00M$32.91M

YGMZ Revenue FAQ


What is MingZhu Logistics’s yearly revenue?

MingZhu Logistics's yearly revenue for 2023 was $89M, representing a decrease of -21.98% compared to 2022. The company's yearly revenue for 2022 was $114.07M, representing an increase of 557.15% compared to 2021. YGMZ's yearly revenue for 2021 was $17.36M, representing a decrease of -7.64% compared to 2020.

What is MingZhu Logistics’s quarterly revenue?

MingZhu Logistics's quarterly revenue for Q4 2023 was $32.91M, a -41.33% decrease from the previous quarter (Q2 2023), and a 22.48% increase year-over-year (Q3 2022). The company's quarterly revenue for Q2 2023 was $56.09M, a 100.00% increase from the previous quarter (Q1 2023), and a -7.03% decrease year-over-year (Q2 2022). YGMZ's quarterly revenue for Q1 2023 was $28.05M, a -47.82% decrease from the previous quarter (Q4 2022), and a 0% increase year-over-year (Q4 2021).

What is MingZhu Logistics’s revenue growth rate?

MingZhu Logistics's revenue growth rate for the last 3 years (2021-2023) was 412.72%, and for the last 5 years (2019-2023) was 202.62%.