MingZhu Logistics Holdings annual return on equity
2019
2020
2021
2022
2023
2024
MingZhu Logistics Holdings Return on Equity (ROE) Growth & History (YGMZF)
MingZhu Logistics Holdings's return on equity was −13.86% for fiscal 2024.
View full MingZhu Logistics Holdings company overviewMingZhu Logistics Holdings annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2024 | 2024-12-31 | −13.86% | +6.82 pp |
| 2023 | 2023-12-31 | −20.68% | −24.90 pp |
| 2022 | 2022-12-31 | 4.22% | +7.21 pp |
| 2021 | 2021-12-31 | −2.98% | −7.98 pp |
| 2020 | 2020-12-31 | 5.00% | −12.73 pp |
| 2019 | 2019-12-31 | 17.73% | — |
MingZhu Logistics Holdings return on equity trends
Over the last five fiscal years, MingZhu Logistics Holdings's return on equity decreased from 17.73% to −13.86%, a change of −31.59 percentage points.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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