Sign in

YGMZF on OTC

MingZhu Logistics Holdings Ltd

MingZhu Logistics Holdings Ltd is a transportation services company in the Cayman Islands, listed on OTC (YGMZF).1

Price unavailable

Last updated Oct 21, 2026.

Overview

Compare with Tuniu, Yatra.com or Transportation & Logistics Systems, Inc., or pick any stock.

  • TickerYGMZF on OTC1
  • IndustryTransportation Services1
  • HeadquartersE91
  • Incorporated inCayman Islands2
  • Business address27F Yantian Modern Industry Service Ctr, No. 3018 Shayan Rd., Shenzhen, Guagdong2
  • Filer categoryNon-accelerated filer, Emerging growth company2

See how the biggest companies compare on our leaderboards

Web address is www.szygmz.com. Information contained on our website does not constitute a part of this annual report.3 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2024

-10.0%Operating margin4
-15.3%Net margin4
-54.6%Revenue growth, 20244
-13.8%Return on equity4
0.01×Debt to equity4
-$2.7MFree cash flow4

Where the money goes

Where each dollar of revenue went, fiscal 2024

  • Other costs100¢$40.4M
  • Income tax0¢$34.4K

Out of $40.4M in revenue.4 The company lost money this year.

Financial statements

Revenue56784$40.4M in 2024+46% since 2018
0$25.0M$50.0M$75.0M$100.0M2018: $27.6M$27.6M20182019: $29.4M$29.4M2019+6%2020: $18.8M$18.8M2020−36%2021: $17.4M$17.4M2021−8%2022: $63.5M$63.5M2022+266%2023: $89.0M$89.0M2023+40%2024: $40.4M$40.4M2024−55%
Operating income56784-$4.0M in 2024
-$5.0M-$2.5M0$2.5M$5.0M2018: $4.0M$4.0M20182019: $2.7M$2.7M2019−34%2020: $1.4M$1.4M2020−47%2021: -$487.8K-$487.8K20212022: -$100.1K-$100.1K2022−79%2023: $848.9K$848.9K20232024: -$4.0M-$4.0M2024
Net income56784-$6.2M in 2024
-$10.0M-$5.0M0$5.0M2018: $2.9M$2.9M20182019: $1.6M$1.6M2019−42%2020: $782.3K$782.3K2020−52%2021: -$938.4K-$938.4K20212022: $1.9M$1.9M20222023: -$9.6M-$9.6M20232024: -$6.2M-$6.2M2024−35%
Fiscal year2018201920202021202220232024
Revenue$27.6M5$29.4M6$18.8M7$17.4M8$63.5M4$89.0M4$40.4M4
Cost of revenue$16.0M7$15.4M7$104.8M7$13.0M8
Operating expenses$17.8M8$63.6M4$88.2M4$44.5M4
Operating income$4.0M5$2.7M6$1.4M7-$487.8K8-$100.1K4$848.9K4-$4.0M4
Interest$355.3K5$370.7K6$374.0K7$396.2K8$789.3K8$450.3K8
Income before tax$803.0K8$167.8K4$633.7K4-$6.2M4
Income tax$1.0M5$821.2K6$366.4K7$135.4K8$226.2K4$268.6K4$34.4K4
Net income$2.9M5$1.6M6$782.3K7-$938.4K8$1.9M4-$9.6M4-$6.2M4
Earnings per share$0.186$0.087$0.058$0.714-$2.984-$1.314
Earnings per share (diluted)$0.325$0.186$0.087-$0.068$0.734-$2.984-$1.314
Shares (weighted, basic)19.0M shares82.7M shares43.2M shares44.7M shares4
Shares (weighted, diluted)15.2M shares82.6M shares43.2M shares44.7M shares4

Compare MingZhu Logistics Holdings Ltd with another company

Corporate structure

MingZhu Logistics Holdings Ltd sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of MingZhu Logistics Holdings Ltd

  • MingZhu Logistics Holdings Ltd E9

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What MingZhu Logistics Holdings Ltd reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$8.4M4 Dec 31, 2024$10.3M4 Dec 31, 2023−18.0%
Accumulated depreciation$7.7M4 Dec 31, 2024$8.8M4 Dec 31, 2023−12.7%
Property and equipment, net$729.1K4 Dec 31, 2024$1.5M4 Dec 31, 2023−50.2%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$698.2K4 Dec 31, 2024$3.7M4 Dec 31, 2023−81.0%
Stakes in other companies (equity method)$501.1K4 Dec 31, 2024

Filings

117 filings to the SEC since October 2021: 9 annual reports, 2 large holders, 106 other. The latest 20:

  1. May 18, 202625-NSE EDGAR
  2. May 14, 202615-12G EDGAR
  3. Feb 17, 2026SCHEDULE 13G/A EDGAR
  4. Dec 19, 20256-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  5. Dec 11, 20256-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  6. Dec 9, 20256-K CURRENT REPORT EDGAR
  7. Dec 5, 20256-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  8. Dec 1, 2025SCHEDULE 13G EDGAR
  9. Nov 26, 2025424B5 PROSPECTUS SUPPLEMENT EDGAR
  10. Nov 25, 20256-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  11. Nov 25, 20256-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  12. Oct 16, 20256-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  13. Aug 28, 20256-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  14. Jul 25, 20256-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  15. Jul 17, 2025424B8 PROSPECTUS EDGAR
  16. Jul 3, 2025EFFECT EDGAR
  17. Jul 1, 2025CORRESP EDGAR
  18. Jul 1, 2025F-3/A AMENDMENT NO. 2 TO FORM F-3 EDGAR
  19. Jun 20, 20256-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  20. Jun 17, 2025CORRESP EDGAR

The 117 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How MingZhu Logistics Holdings Ltd is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARMingZhu Logistics Holdings Ltd1
  • CIK0001782037
  • Filer statusNon-accelerated filer an emerging growth company; not a shell company3
  • Incorporated inCayman Islands3
  • Fiscal year endsDecember 311
  • Industry code (SIC)4700 Transportation Services1
  • SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance1
  • Business address27F Yantian Modern Industry Service Ctr, No. 3018 Shayan Rd., Shenzhen, Guagdong, China1
  • Phone86755252028311
  • Shares outstanding76,679,065 shares as of May 15, 20253
  • AuditorLi CPA LLC, Colorado US PCAOB ID 7093; no auditor attestation of internal control over financial reporting3
  • On EDGAR sinceAug 2, 20191
  • Filings168 in all: 6-K (58), CORRESP (24), UPLOAD (21), F-1/A (8), F-3/A (7), 20-F (5), 20-F/A (5), NT 20-F (5)1
    All 27 form types

    DEF 14A (4), EFFECT (4), FWP (4), SC 13G (3), 424B4 (2), DEFA14A (2), DRS (2), F-1 (2), F-3 (2), 15-12G (1), 25-NSE (1), 424B5 (1), 424B8 (1), 6-K/A (1), 8-A12B (1), CERT (1), S-8 (1), SCHEDULE 13G (1), SCHEDULE 13G/A (1)

  • Latest filingsAnnual report (20-F) May 15, 2025
    Proxy statement (DEF 14A) Aug 19, 2024

Securities registered for trading

ClassSymbolExchange
Ordinary shares, par value US$0.008 per shareYGMZNasdaq

From the cover page of the 20-F filed May 15, 2025 (Section 12(b) of the Exchange Act).3

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9