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MingZhu Logistics Holdings (MingZhu Logistics Holdings) Operating Margin % : -1.61% (As of Jun. 2023)


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What is MingZhu Logistics Holdings Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. MingZhu Logistics Holdings's Operating Income for the six months ended in Jun. 2023 was $-0.9 Mil. MingZhu Logistics Holdings's Revenue for the six months ended in Jun. 2023 was $56.1 Mil. Therefore, MingZhu Logistics Holdings's Operating Margin % for the quarter that ended in Jun. 2023 was -1.61%.

The historical rank and industry rank for MingZhu Logistics Holdings's Operating Margin % or its related term are showing as below:

YGMZ' s Operating Margin % Range Over the Past 10 Years
Min: -2.81   Med: 8.31   Max: 14.59
Current: 0.06


YGMZ's Operating Margin % is ranked worse than
84.12% of 970 companies
in the Transportation industry
Industry Median: 7.54 vs YGMZ: 0.06

MingZhu Logistics Holdings's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

MingZhu Logistics Holdings's Operating Income for the six months ended in Jun. 2023 was $-0.9 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2023 was $0.1 Mil.

Warning Sign:

MingZhu Logistics Holdings Ltd has recorded a loss in operating income at least once over the past 3 years.


MingZhu Logistics Holdings Operating Margin % Historical Data

The historical data trend for MingZhu Logistics Holdings's Operating Margin % 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.

* Premium members only.

MingZhu Logistics Holdings Operating Margin % Chart

MingZhu Logistics Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Operating Margin %
Get a 7-Day Free Trial 14.59 9.10 7.51 -2.81 2.52

MingZhu Logistics Holdings Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 4.03 -11.28 3.16 1.80 -1.61

Competitive Comparison of MingZhu Logistics Holdings's Operating Margin %

For the Trucking subindustry, MingZhu Logistics Holdings's Operating Margin %, along with its competitors' market caps and Operating Margin % 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 Operating Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, MingZhu Logistics Holdings's Operating Margin % distribution charts can be found below:

* The bar in red indicates where MingZhu Logistics Holdings's Operating Margin % falls into.



MingZhu Logistics Holdings Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

MingZhu Logistics Holdings's Operating Margin % for the fiscal year that ended in Dec. 2022 is calculated as

Operating Margin %=Operating Income (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=2.876 / 114.074
=2.52 %

MingZhu Logistics Holdings's Operating Margin % for the quarter that ended in Jun. 2023 is calculated as

Operating Margin %=Operating Income (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=-0.902 / 56.091
=-1.61 %

* 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) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


MingZhu Logistics Holdings Operating Margin % Related Terms

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MingZhu Logistics Holdings (MingZhu Logistics Holdings) Business Description

Traded in Other Exchanges
N/A
Address
No. 3018 Shayan Road, 27F, Yantian Modern Industry Service Center, Yantian District, Guangdong, Shenzhen, CHN, 518081
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.