MingZhu Logistics Holdings Limited
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of MingZhu Logistics Holdings Limited generated cash of -$10,079,465, which is less than the previous year. Cash used in financing activities reached the amount of $8,553,064 last year. Net change in cash is therefore -$1,682,571.
Cash Flow
| 2017 | 1.93M | 506.45K | -2.69M |
|---|---|---|---|
| 2018 | 3.79M | -16.50K | -3.29M |
| 2019 | 1.11M | -917.28K | -788.76K |
| 2020 | -890.20K | -156.02K | 12.31M |
| 2021 | -23.78M | 1.27M | 16.66M |
| 2022 | -3.95M | 2.72M | 793.25K |
| 2023 | -10.07M | 89.95K | 8.55M |
YGMZ Cash Flow Statement (2017 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|
Cash at beginning of period | 5.68M | 5.75M | 11.60M | 223.50K | 808.30K | 352.74K | 587.36K |
Operating activities | |||||||
Net income | 365.09K | 1.89M | -938.41K | 782.29K | 1.64M | 2.85M | 1.23M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||||
Depreciation and amortization | 878.56K | 3.84M | 1.43M | 1.51M | 1.36M | 1.37M | 1.24M |
Stock-based compensation expense | 0 | 0 | 251.73K | 64.88K | 8.79K | 70.40K | 108.02K |
| Deferred income tax benefit | 0 | 0 | 251.73K | 64.88K | 8.79K | 70.40K | 108.02K |
| Changes in operating assets and liabilities: | |||||||
Accounts receivable, net | -18.21M | -3.25M | 1.63M | 5.84M | -3.64M | -72.26K | -3.16M |
Inventories | 0 | 0 | 0 | 0 | 4K | 166.63K | 669.88K |
Accounts payable | 11.11M | 4.20M | -874.84K | -240.88K | 741.82K | -803.35K | 443.38K |
Cash generated by operating activities | -10.07M | -3.95M | -23.78M | -890.20K | 1.11M | 3.79M | 1.93M |
Investing activities | |||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | 0 | -12.24K | -199.48K | -156.02K | -917.28K | -108.59K | -101.34K |
Acquisitions Net | 0 | 2.71M | 1.47M | 0 | 0 | 0 | 607.80K |
Cash generated by investing activities | 89.95K | 2.72M | 1.27M | -156.02K | -917.28K | -16.50K | 506.45K |
Financing activities | |||||||
Common Stock Issued | 0 | 0 | 18.46M | 10.95M | 0 | 0 | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | -3.63M | -439.47K |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 | 0 | -439.47K |
Repayments of term debt | 10.41M | 3.39M | -7.85M | -5.42M | -704.69K | -5.51M | -654.45K |
Cash used in financing activities | 8.55M | 793.25K | 16.66M | 12.31M | -788.76K | -3.29M | -2.69M |
Net Change In Cash | -1.68M | -64.80K | -5.85M | 11.38M | -584.80K | 455.56K | -234.62K |
Cash at end of period | 4.00M | 5.68M | 5.75M | 11.60M | 223.50K | 808.30K | 352.74K |
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