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MingZhu Logistics (YGMZ) Revenue & Revenue Breakdown

OverviewOwnershipFinancialsChart

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--21.98%
2022-12-31-557.15%
2021-12-31--7.64%
2020-12-31--36.10%
2019-12-31-6.38%
2018-12-31-34.10%
2017-12-31--

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--41.33%
2023-06-30-100.00%
2023-03-31--47.82%
2022-12-31-100.00%
2022-09-30--55.46%
2022-06-30--1682.99%
2021-12-31-60.39%
2020-12-31--153.56%
2020-06-30--48.86%
2019-12-31--21.60%
2019-09-30-37.32%
2018-12-31--

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--
SNDRSchneider National--
ARCBArcBest--
RXORXO--
WERNWerner Enterprises--
USXU.S. Xpress Enterprises--
ULHUniversal Logistics--
DSKEDaseke--
HTLDHeartland Express--
MRTNMarten Transport--
CVLGCovenant Logistics Group--
PTSIP.A.M. Transportation Services--
YGMZMingZhu Logistics--

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%.