MingZhu Logistics Holdings (MingZhu Logistics Holdings) Pre-Tax Income : $0.63 Mil (TTM As of Dec. 2023)

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What is MingZhu Logistics Holdings Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. MingZhu Logistics Holdings's pretax income for the six months ended in Dec. 2023 was $1.48 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $0.63 Mil. MingZhu Logistics Holdings's pretax margin was 4.49%.

During the past 7 years, MingZhu Logistics Holdings's highest Pretax Margin was 13.97%. The lowest was -4.63%. And the median was 6.11%.

MingZhu Logistics Holdings Pre-Tax Income Historical Data

The historical data trend for MingZhu Logistics Holdings's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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MingZhu Logistics Holdings Pre-Tax Income Chart

MingZhu Logistics Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pre-Tax Income

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2.46

1.15

-0.80

0.17

0.63

MingZhu Logistics Holdings Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Pre-Tax Income	Get a 7-Day Free Trial							-0.49	2.13	-1.97	-0.85	1.48

Competitive Comparison of MingZhu Logistics Holdings's Pre-Tax Income

For the Trucking subindustry, MingZhu Logistics Holdings's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

MingZhu Logistics Holdings's Pre-Tax Income Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, MingZhu Logistics Holdings's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where MingZhu Logistics Holdings's Pre-Tax Income falls into.

MingZhu Logistics Holdings Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

MingZhu Logistics Holdings's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	0.849	+	0.235	+	-0.45	+	0	+	1.1102230246252E-16
	=	0.63

MingZhu Logistics Holdings's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	1.751	+	-0.235	+	-0.037	+	0	+	0
	=	1.48

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.63 Mil.

MingZhu Logistics Holdings (NAS:YGMZ) Pre-Tax Income Explanation

MingZhu Logistics Holdings's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	1.479	/	32.911
	=	4.49%

During the past 7 years, MingZhu Logistics Holdings's highest Pretax Margin was 13.97%. The lowest was -4.63%. And the median was 6.11%.

MingZhu Logistics Holdings Pre-Tax Income Related Terms

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MingZhu Logistics Holdings (MingZhu Logistics Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » MingZhu Logistics Holdings Ltd (NAS:YGMZ) » Definitions » Pre-Tax Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3018 Shayan Road, 27F, Yantian Modern Industry Service Center, Yantian District, Guangdong, Shenzhen, CHN, 518081

Website

http://www.szygmz.com

MingZhu Logistics Holdings Ltd provides transportation and logistics services. The firm offers 3A-grade trucking services in China. It operates a self-owned truckload fleet with more than 130 tractors and 90 trailers. The firm's transportation services are operated out of two terminals: Guangdong region, and Xinjiang region. The company's customers include sizeable logistics companies, freight forwarders, and warehouse operators. The firm derives its key revenue from the trucking service business.