MingZhu Logistics Holdings (YGMZF) AI Stock Analysis

MingZhu Logistics Holdings

(Other OTC:YGMZF)

Select Model

Rating:43Neutral

Price Target:$0.02▲(0.00% Upside)

Action:reiterated

Date:10/01/26

The score is primarily constrained by deteriorating financial performance and substantial cash burn, despite a relatively low-leverage balance sheet. Limited technical data prevents confirming any positive price momentum, and valuation metrics provide little support due to losses (negative P/E) and no stated dividend yield.

Positive Factors

Low LeverageThe low debt burden gives MingZhu greater financial flexibility than a highly leveraged operator, reducing fixed financing pressure and leaving more capacity to manage volatility. This balance-sheet position could support restructuring or operational investment if profitability and cash generation improve.

Negative Factors

Revenue ContractionTwo consecutive years of declining revenue indicate a sustained contraction in the business rather than a single-period fluctuation. Lower freight activity or realized revenue reduces operating scale, weakens cost absorption, and makes a return to profitability more difficult over the next several quarters.

MingZhu Logistics Holdings (YGMZF) vs. SPDR S&P 500 ETF (SPY)

Market Cap: $239.80K
Dividend Yield: ―
Average Volume (3M): ―
Price to Earnings (P/E): -0.0
Beta (1Y): -0.19
Revenue Growth: -45.20%
EPS Growth: -108.37%
Country: US
Employees: 26
Sector: Industrials
Sector Strength: 63
Industry: Trucking

MingZhu Logistics Holdings Business Overview & Revenue Model

Company Description

MingZhu Logistics Holdings Limited, operating through its various subsidiaries, specializes in offering road freight transportation services across the People's Republic of China. The company's business activities are structured into three main divis...

How the Company Makes Money

The company primarily makes money by charging customers for logistics and freight transportation services, with revenue generally tied to the volume of freight moved and the distance and nature of routes served (i.e., freight rates). A key component...

MingZhu Logistics Holdings Financial Statement Overview

Summary

Operating results and cash flow are severely pressured: revenue declined sharply in 2025 (~-44% YoY), gross margin turned negative (~-8%), EBIT margin was deeply negative (~-30%), and net losses widened to about $9.0M (~-40% net margin). Cash burn is significant with 2025 operating cash flow/free cash flow around -$39.6M. The main offset is a relatively low leverage balance sheet (debt-to-equity ~0.04), but ongoing losses and negative cash flow dominate.

Income Statement

18Very Negative

Balance Sheet

62Positive

Cash Flow

9Very Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	31.17M	22.68M	40.43M	89.00M	63.52M	17.36M
Gross Profit	336.79K	-1.85M	792.80K	3.07M	2.72M	-120.17K
EBITDA	7.15M	-6.72M	-4.98M	1.96M	3.15M	1.03M
Net Income	-2.37M	-8.98M	-6.19M	-9.58M	1.90M	-938.41K
Balance Sheet
Total Assets	101.68M	111.11M	90.33M	127.35M	111.46M	76.35M
Cash, Cash Equivalents and Short-Term Investments	1.04M	944.68K	698.24K	3.68M	3.85M	5.75M
Total Debt	3.38M	3.14M	3.71M	20.39M	11.41M	10.64M
Total Liabilities	22.99M	26.90M	45.58M	82.80M	49.20M	34.68M
Stockholders Equity	78.69M	84.22M	44.75M	44.56M	48.10M	47.67M
Cash Flow
Free Cash Flow	-42.38M	-39.57M	-2.70M	-10.08M	-3.97M	-23.98M
Operating Cash Flow	-42.28M	-39.57M	-2.59M	-10.08M	-3.95M	-23.78M
Investing Cash Flow	-581.67K	86.98K	-580.36K	89.95K	2.73M	1.28M
Financing Cash Flow	42.18M	39.69M	491.08K	8.55M	793.26K	16.66M

MingZhu Logistics Holdings Risk Analysis

MingZhu Logistics Holdings disclosed 85 risk factors in its most recent earnings report. MingZhu Logistics Holdings reported the most risks in the "Finance & Corporate" category.

Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy

Latest Risks Added

0 New Risks

MingZhu Logistics Holdings Peers Comparison

Overall Rating

UnderperformOutperform

Sector (63)

Financial Indicators

YGMZF against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
MRTN	53Neutral	$957.07M	71.68	1.74%	2.05%	-4.82%	-31.33%
CVLG	50Neutral	$784.68M	147.24	1.31%	0.91%	12.46%	-83.31%
ULH	49Neutral	$595.65M	451.80	0.25%	1.86%	-6.82%	―
YGMZF	43Neutral	$199.83K	-0.00	-3.54%	―	-45.20%	-108.37%
HTLD	36Underperform	$790.34M	-63.95	-1.69%	0.78%	-17.23%	63.20%

* Industrials Sector Average

Performance Comparison

YGMZF and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
YGMZF	Mingzhu Logistics Holdings Ltd	0.02	-2.18	-99.09%
CVLG	Covenant Logistics Group, Inc.	30.92	10.90	54.43%
HTLD	Heartland Express	10.22	2.57	33.54%
MRTN	Marten Transportation	11.72	1.80	18.15%
ULH	Universal Logistics Holdings Inc	22.59	6.95	44.44%
HXHX	Haoxin Holdings Limited Class A	0.17	-0.61	-78.19%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 01, 2026

MingZhu Logistics Holdings AI Stock Analysis