Quhuo (QH) AI Stock Analysis

• Market Cap: $1.10M
• Dividend Yield: N/A
• Average Volume (3M): 3.71M
• Price to Earnings (P/E): 0.6
• Beta (1Y): 2.70
• 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: 788.07
• 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: $1.00 ▼(-9.91% 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

Growth in Housekeeping Segment

The significant growth in the housekeeping segment indicates strong demand and effective market positioning, contributing positively to revenue diversification and long-term stability.

New Strategic Partnerships

These partnerships can enhance Quhuo's service offerings and revenue streams, providing a strategic advantage in expanding market reach and operational capacity.

International Business Expansion

Expansion in international markets, as evidenced by improved margins, suggests potential for revenue growth and diversification, reducing reliance on domestic markets.

Negative Factors

Declining Revenue

A significant decline in revenue indicates challenges in maintaining market share and competitiveness, potentially impacting long-term financial health and growth prospects.

Increased Administrative Expenses

Rising administrative costs can erode profitability, necessitating improved cost management to sustain margins and financial stability over the long term.

Negative Cash Flow

Negative cash flow indicates inefficiencies in cash generation, which can constrain investment in growth opportunities and impact financial resilience.

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's financial performance is weak, with declining revenue and negative profitability margins. The balance sheet shows manageable leverage but low returns on equity. Cash flow issues are significant, with negative operating and free cash flows, indicating a need for better cash 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: Positive

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 below the 20-day moving average (MA) of 1.14, below the 50-day MA of 2.50, and below the 200-day MA of 59.32, indicating a neutral trend. The MACD of -0.30 indicates Negative momentum. The RSI at 41.72 is Neutral, neither overbought nor oversold. The STOCH value of 9.10 is Positive, 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	$1.10M	0.58	0.62%	―	-28.50%	―
AGMH	46 Neutral	$5.00M	0.06	95.31%	―	-19.32%	―
ULY	43 Neutral	$4.45M	-0.10	―	―	-17.95%	-124.63%
TGL	40 Underperform	$10.90M	-0.06	-269.14%	―	-73.83%	98.11%
VS	39 Underperform	$6.32M	-3.04	-16.34%	―	2281.70%	90.92%

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.

Quhuo Limited Expands Share Capital and Restructures Voting Power

On October 8, 2025, Quhuo Limited held an extraordinary general meeting where shareholders approved several key proposals. These included increasing the company’s authorized share capital and creating a new class of shares, Class C Ordinary Shares, which carry significant voting power. The approval of these proposals led to the adoption of the Fourth Amended and Restated Memorandum and Articles of Association. Additionally, the company issued 100 million Class C Ordinary Shares to LESYU Investments Limited, significantly increasing the voting power of Mr. Leslie Yu, the company’s CEO, to 98.06%. This strategic move is likely to impact the company’s governance and control structure, potentially influencing its future strategic direction.

Quhuo Limited Reports Decline in Mid-2025 Financials

On September 26, 2025, Quhuo Limited released its unaudited condensed consolidated interim financial statements for the six months ending June 30, 2025. The report highlighted a decrease in revenues to RMB 1,131,395 from the previous year’s RMB 1,619,938, reflecting challenges in the market. Despite the revenue decline, Quhuo managed to maintain its operations with a slight increase in general and administrative expenses. The financial results indicate a need for strategic adjustments to improve profitability and sustain growth in the competitive gig economy sector.