MingZhu Logistics Holdings's quarterly market cap
declined
from Jun. 2022 ($42.0 Mil) to Dec. 2022 ($19.3 Mil) but then
increased
from Dec. 2022 ($19.3 Mil) to Jun. 2023 ($20.1 Mil).
MingZhu Logistics Holdings's annual market cap
declined
from Dec. 2020 ($125.5 Mil) to Dec. 2021 ($39.2 Mil) and
declined
from Dec. 2021 ($39.2 Mil) to Dec. 2022 ($19.3 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. MingZhu Logistics Holdings's Enterprise Value for Today is $19.4 Mil.
MingZhu Logistics Holdings Market Cap Historical Data
* 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.
Competitive Comparison of MingZhu Logistics Holdings's Market Cap
For the Trucking subindustry, MingZhu Logistics Holdings's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, MingZhu Logistics Holdings's Market Cap distribution charts can be found below:
* The bar in red indicates where MingZhu Logistics Holdings's Market Cap falls into.
MingZhu Logistics Holdings Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
* 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 (NAS:YGMZ) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
MingZhu Logistics Holdings Market Cap Related Terms
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MingZhu Logistics Holdings (MingZhu Logistics Holdings) Business Description
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.
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