YGMZF (MingZhu Logistics Holdings) Net Current Asset Value: $12.75 (As of Jun. 2025) — 166% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is MingZhu Logistics Holdings Net Current Asset Value?

MingZhu Logistics Holdings YGMZF +68.42% Net Current Asset Value is $12.75 as of Jun. 2025, which is 166% above its 10-year median of 4.79. The stock has 7 warning signs investors should review. Among 359 Transportation companies, MingZhu Logistics Holdings ranks worse than 278551.25% on this metric.

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

MingZhu Logistics Holdings's net current asset value per share for the quarter that ended in Jun. 2025 was $12.75.

The historical rank and industry rank for MingZhu Logistics Holdings's Net Current Asset Value or its related term are showing as below:

During the past 8 years, the highest Price-to-Net-Current-Asset-Value Ratio of MingZhu Logistics Holdings was 12.38. The lowest was 1.13. And the median was 4.79.

YGMZF's Price-to-Net-Current-Asset-Value is not ranked *
in the Transportation industry.
Industry Median: 4
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

MingZhu Logistics Holdings  (OTCPK:YGMZF) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of GrahamÂ’s strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.


MingZhu Logistics Holdings Net Current Asset Value Related Terms


MingZhu Logistics Holdings Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for MingZhu Logistics Holdings's Net Current Asset Value 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.

MingZhu Logistics Holdings Net Current Asset Value Chart

MingZhu Logistics Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net Current Asset Value
Get a 7-Day Free Trial 180.74 33.07 95.27 4.86 -1.45

MingZhu Logistics Holdings Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.90 4.86 -16.54 -1.45 12.75

YGMZF vs ODFL, XPO, KNX: Net Current Asset Value Comparison

For the Trucking subindustry, MingZhu Logistics Holdings's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value 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 Price-to-Net-Current-Asset-Value vs Transportation Industry

For the Transportation industry and Industrials sector, MingZhu Logistics Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where MingZhu Logistics Holdings's Price-to-Net-Current-Asset-Value falls into.



MingZhu Logistics Holdings Net Current Asset Value Calculation

MingZhu Logistics Holdings's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2024 is calculated as

Net Current Asset Value Per Share(A: Dec. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(44.973-45.579-0-0)/0.417
=-1.45

MingZhu Logistics Holdings's Net Current Asset Value (NCAV) per share for the quarter that ended in Jun. 2025 is calculated as

Net Current Asset Value Per Share(Q: Jun. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(84.091-22.986-0-0)/4.792
=12.75

* 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.

What does a Net Current Asset Value of $12.75 mean?
MingZhu Logistics Holdings (YGMZF) has a Net Current Asset Value of $12.75 as of Jun. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on MingZhu Logistics Holdings and its competitors. This is 166% above median its historical median of 4.79. Over the past decade, MingZhu Logistics Holdings' Net Current Asset Value has ranged from 1.13 to 12.38. According to the industry distribution chart, MingZhu Logistics Holdings ranks #999999 out of 359 companies in the Transportation industry.
Is MingZhu Logistics Holdings' Net Current Asset Value too high?
MingZhu Logistics Holdings' current Net Current Asset Value of $12.75 is 166% above median its 10-year median of 4.79. Over the past 10 years, this metric has ranged from a low of 1.13 to a high of 12.38. The Transportation industry median Net Current Asset Value is 4.00. MingZhu Logistics Holdings' value of $12.75 is 218.8% above this industry median. Based on the distribution chart, MingZhu Logistics Holdings ranks #999999 out of 359 companies in the Transportation industry, which is in the bottom quartile relative to peers.
How does MingZhu Logistics Holdings' Net Current Asset Value compare to ODFL and XPO?
According to the Transportation industry distribution chart, MingZhu Logistics Holdings ranks #999999 out of 359 companies for Net Current Asset Value. This places MingZhu Logistics Holdings in the lower half of its industry. The industry median Net Current Asset Value is 4.00. MingZhu Logistics Holdings' value of $12.75 is 218.8% above this benchmark. Historically, MingZhu Logistics Holdings' own Net Current Asset Value has ranged from 1.13 to 12.38 over the past decade. While the company's 10-year median is 4.79 vs. the industry median of 4.00, MingZhu Logistics Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for a Transportation company?
The median Net Current Asset Value among Transportation companies is 4.00, based on 359 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MingZhu Logistics Holdings's current Net Current Asset Value of $12.75 is 218.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on MingZhu Logistics Holdings and its competitors. For the Transportation industry, the median Net Current Asset Value is 4.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MingZhu Logistics Holdings's current Net Current Asset Value is $12.75, which is 166% above median its own 10-year median of 4.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MingZhu Logistics Holdings stock overvalued right now?
Based on GuruFocus' analysis, MingZhu Logistics Holdings (YGMZF) is currently considered Possible Value Trap. The stock's GF Value™ is $13.40, compared to a current price of $0.00 — trading 100% below its estimated fair value. The current Net Current Asset Value is $12.75, which is 166% above median its 10-year median of 4.79 and 218.8% above the Transportation industry median of 4.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For MingZhu Logistics Holdings (YGMZF), the current Net Current Asset Value is $12.75 as of Jun. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

MingZhu Logistics Holdings Business Description

Address No. 3018 Shayan Road, 27th Floor, Yantian Modern Industry Service Center, Yantian District, Guangdong, Shenzhen, CHN, 518081
MingZhu Logistics Holdings Ltd is a Holding company. Its business activities include trucking services and car owner services. The segments of the company are the trucking business, car owner services business, and liquor distribution business.