Quhuo (QH) AI Stock Analysis

• Market Cap: $942.60K
• Dividend Yield: N/A
• Average Volume (3M): 3.71M
• Price to Earnings (P/E): 0.5
• Beta (1Y): 2.80
• Revenue Growth: -28.50%
• EPS Growth: N/A
• Country: US
• Employees: 421
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): N/A
• Shares Outstanding: 989,615
• 10 Day Avg. Volume: 5,622,822
• 30 Day Avg. Volume: 3,712,282
• PEG Ratio: -2.95
• Price to Book (P/B): 1.72
• Price to Sales (P/S): 0.26
• P/FCF Ratio: -36.53
• Enterprise Value/Market Cap: 916.55
• Enterprise Value/Revenue: 0.34
• Enterprise Value/Gross Profit: 16.29
• Enterprise Value/Ebitda: -9.37
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 49 Neutral
• Price Target: $0.94 ▼(-15.32% Downside)

Quhuo's overall stock score reflects significant financial challenges, with declining revenue and profitability issues being the most impactful factors. Technical analysis indicates bearish trends, further weighing on the score. While the valuation suggests potential undervaluation, it is overshadowed by the company's financial instability. Mixed earnings call sentiment and new partnerships provide some optimism but are insufficient to offset the broader challenges.

Positive Factors

Scalable gig-economy platform with diversified service lines

Quhuo’s technology-driven platform connects gig workers with businesses across delivery, housekeeping and other localized services. This multi-service model and platform scalability support durable revenue expansion potential and cross-selling, aligning with long-term structural growth in flexible labor adoption.

High growth in housekeeping and accommodation segment

Rapid, profitable expansion in housekeeping and accommodation shows the company can scale higher-margin services and diversify away from lower-margin delivery. Sustained segment momentum and replicable unit economics would materially improve overall margins and long-term profitability if maintained.

Manageable leverage and stable capital structure

Low debt relative to equity gives Quhuo financial flexibility to invest in growth, absorb cyclical shocks, and avoid aggressive deleveraging. A conservative leverage profile supports long-term strategic investments and reduces default risk while management pursues operational improvements.

Negative Factors

Declining revenue and negative profitability

A shrinking top line and persistent negative margins indicate weakening core demand or competitive pressure. Over months this erodes scale economies, limits reinvestment capacity, and makes achieving sustainable profitability harder without clear structural fixes or sustained high-growth segments.

Negative operating and free cash flow

Sustained negative operating and free cash flow implies the business cannot fully self-fund operations or growth, increasing reliance on external financing. Over the medium term this constrains strategic flexibility, heightens refinancing risk, and limits the ability to scale profitable segments without capital support.

Large share incentive plan may materially dilute equity

A very large equity award pool is structurally material: while it can improve retention, such substantial potential issuance dilutes existing shareholders and can pressure per-share metrics and EPS over a multi-month horizon, affecting long-term returns if grants are extensively issued.

Quhuo Business Overview & Revenue Model

Company Description

Quhuo (QH) is a leading service platform in China that specializes in the provision of on-demand labor and logistics solutions. The company operates primarily in the gig economy sector, connecting businesses and individuals with a flexible workforce for various services including delivery, housekeeping, and other localized tasks. Quhuo aims to enhance efficiency in labor deployment through its technology-driven platform, catering to the increasing demand for flexible workforce solutions across multiple industries.

How the Company Makes Money

Quhuo generates revenue through multiple streams, primarily by charging service fees for the labor provided through its platform. This includes a commission on the earnings of gig workers, as well as fees from businesses that leverage the platform for staffing needs. Additionally, the company may engage in partnerships with enterprises looking to outsource their labor needs, thereby securing contracts that contribute to its revenue. The scalability of its platform allows Quhuo to capitalize on the growing trend of on-demand services, while also offering value-added services that can enhance client relationships and increase earnings.

Quhuo Financial Statement Overview

Summary

Quhuo faces financial challenges with declining revenue and negative profitability margins. The balance sheet is stable in terms of leverage but lacks strong returns on equity. Cash flow issues are evident, with negative operating and free cash flows. Improvement is needed in revenue growth, profitability, and cash flow management.

Income Statement

Quhuo's income statement reveals declining revenue with a negative growth rate of -8.72% in TTM. The company struggles with profitability, evidenced by a negative net profit margin of -3.24% and negative EBIT and EBITDA margins. The gross profit margin is low at 1.53%, indicating challenges in cost management. Overall, the income statement reflects financial instability and a need for strategic improvements.

Balance Sheet

The balance sheet shows a moderate debt-to-equity ratio of 0.26, suggesting manageable leverage. However, the return on equity is low at 0.49%, indicating limited profitability from shareholder investments. The equity ratio stands at 48.52%, reflecting a stable capital structure. While the company maintains a reasonable balance between debt and equity, profitability remains a concern.

Cash Flow

Quhuo's cash flow statement highlights significant challenges, with negative operating cash flow and free cash flow in TTM. The free cash flow growth rate is negative, and the operating cash flow to net income ratio is -0.12, indicating inefficiencies in cash generation. Despite a free cash flow to net income ratio above 1, the overall cash flow position is weak, necessitating improved cash management strategies.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.56B	3.05B	3.70B	3.82B	4.03B	2.58B
Gross Profit	53.03M	73.71M	166.61M	252.69M	175.60M	192.51M
EBITDA	-92.22M	9.07M	-4.36M	55.16M	-50.52M	-3.54M
Net Income	2.14M	2.71M	3.33M	-13.13M	-157.91M	3.43M
Balance Sheet
Total Assets	848.34M	867.03M	1.03B	1.06B	1.15B	1.13B
Cash, Cash Equivalents and Short-Term Investments	30.88M	63.20M	113.56M	159.80M	207.42M	299.38M
Total Debt	123.83M	122.01M	105.53M	71.12M	155.19M	111.30M
Total Liabilities	440.84M	406.41M	526.66M	558.04M	661.94M	527.73M
Stockholders Equity	411.50M	464.72M	506.19M	501.16M	470.94M	556.29M
Cash Flow
Free Cash Flow	-15.22M	-21.84M	-130.11M	61.98M	-111.63M	-51.28M
Operating Cash Flow	-14.58M	-14.74M	-97.28M	74.72M	-30.89M	11.11M
Investing Cash Flow	-3.31M	934.00K	18.38M	77.21M	-110.41M	-187.08M
Financing Cash Flow	10.41M	32.42M	24.22M	-82.14M	68.67M	153.09M

Quhuo Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.11
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For QH, the sentiment is Negative. The current price of 1.11 is above the 20-day moving average (MA) of 1.10, above the 50-day MA of 1.09, and below the 200-day MA of 48.10, indicating a bearish trend. The MACD of -0.14 indicates Negative momentum. The RSI at 36.13 is Neutral, neither overbought nor oversold. The STOCH value of 20.68 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for QH.

Quhuo Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
QH	49 Neutral	$942.60K	0.46	0.62%	―	-28.50%	―
ULY	48 Neutral	$5.30M	-0.12	―	―	-17.95%	-124.63%
AGMH	46 Neutral	$4.19M	0.05	95.31%	―	-19.32%	―
VS	44 Neutral	$6.18M	-3.02	-16.34%	―	2281.70%	90.92%
TGL	41 Neutral	$9.75M	-0.06	-269.14%	―	-73.83%	98.11%

Quhuo Corporate Events

Quhuo Launches Expanded 2025 Share Incentive Plan, Replacing 2024 Scheme

On December 11, 2025, Quhuo Limited adopted a new 2025 Share Incentive Plan, authorized by its board of directors and effective the same day, to grant equity awards in the form of Class A and Class B shares to directors, employees, consultants and other eligible individuals, with an initial pool of up to 990,000,000 Class A shares and 1,200,000 Class B shares and a ten-year term. The introduction of the 2025 plan, which replaces the company’s 2024 share incentive plan while preserving existing outstanding awards, underscores Quhuo’s continued use of large-scale, equity-based incentives as a key tool for motivating and retaining talent and could meaningfully influence its future share issuance and dilution profile for investors.

The most recent analyst rating on (QH) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on Quhuo stock, see the QH Stock Forecast page.