
Quhuo Limited Income Statement 2025-2011 | QH
Brief overview of financial performance at Quhuo Limited
This overview is based on financial performance over the past five years. According to figures from Quhuo Limited, revenue changed from 2.6 billion yuan to 2.5 billion yuan over five years. The cumulative result was −2.1%, corresponding to roughly −0.4% per year. Revenue was effectively stagnant over the period.
Gross profit was 193 million yuan at the start and 12.4 million yuan at the end of the period (−93.6%). The relationship between sales and direct costs deteriorated. Gross margin moved from 7.5% to 0.5%. The margin decline reflects a less favorable sales-and-cost structure.
Over the period, EBITDA shifted from −14.4 million yuan to −177 million yuan, a change of −1128.2%. Changes in revenue did not translate into comparable EBITDA performance. Comparing the endpoints gives EBITDA margins of −0.6% and −7%. Cost pressure reduced operating profitability.
The final result was 3.4 million yuan initially and −149 million yuan in the final year. Profit turned into a loss, the most concerning signal in the results.
Overall conclusion
The current trajectory does not yet confirm a sustainable recovery. The most visible risks are a softer top-line trend, weaker gross profitability and weaker operating efficiency. Investors should continue to monitor margins, costs, and earnings quality.
Annual Income Statement Quhuo Limited
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
- | - | - | - | 43.9 M | 198 M | - | - | - | - | - | - | - | - | - |
Shares |
1.39 B | 416 M | 55.5 M | 56 M | 43.9 M | 28.3 M | 15 M | - | - | - | - | - | - | - | - |
Historical Prices |
1.11 | 7.54 | - | - | - | - | - | - | - | - | - | ||||
Net Income |
-149 M | 2.7 M | 3.33 M | -13.1 M | -158 M | 3.43 M | -11.8 M | -42.6 M | -14 M | - | - | - | - | - | - |
Revenue |
2.53 B | 3.05 B | 3.7 B | 3.82 B | 4.03 B | 2.58 B | 2.06 B | 1.47 B | 655 M | - | - | - | - | - | - |
Cost of Revenue |
2.51 B | 2.97 B | 3.54 B | 3.57 B | 3.85 B | 2.39 B | 1.89 B | 1.36 B | - | - | - | - | - | - | - |
Gross Profit |
12.4 M | 73.7 M | 167 M | 253 M | - | - | - | 117 M | 28.6 M | - | - | - | - | - | - |
Operating Income |
-178 M | -10.4 M | -7.79 M | 35.6 M | -140 M | -20.6 M | -12.5 M | -51.9 M | - | - | - | - | - | - | - |
Interest Expense |
-230 K | -2.63 M | 16.7 M | -26.1 M | 7.03 M | 8.07 M | 6.09 M | 3.91 M | - | - | - | - | - | - | - |
EBITDA |
-177 M | -5.88 M | -2.47 M | 43.2 M | -135 M | -14.4 M | -8.98 M | -41.8 M | -19 M | - | - | - | - | - | - |
Operating Expenses |
190 M | 84.1 M | 174 M | 217 M | 315 M | 213 M | 175 M | 169 M | 50 M | - | - | - | - | - | - |
General and Administrative Expenses |
188 M | 149 M | 184 M | 214 M | 241 M | 203 M | 161 M | 162 M | 46.8 M | - | - | - | - | - | - |
All numbers in CNY currency
Quarterly Income Statement Quhuo Limited
| 2025-Q4 | 2025-Q2 | 2024-Q4 | 2024-Q2 | 2023-Q4 | 2023-Q2 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
1.39 B | 897 M | 416 M | 83.3 M | 55.5 M | 56.4 M | 56 M | - | - | - | - | - | - | - | - | - | - | - | 15 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net Income |
-149 M | -53.1 M | 2.7 M | -52.5 M | 3.33 M | -9.65 M | -13.1 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Revenue |
2.53 B | 1.13 B | 3.05 B | 1.62 B | 3.7 B | 1.74 B | 3.82 B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cost of Revenue |
2.51 B | 1.13 B | 2.97 B | 1.6 B | 3.54 B | 1.67 B | 3.57 B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Gross Profit |
12.4 M | 4.06 M | 73.7 M | - | 167 M | - | 253 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Operating Income |
-178 M | -70.1 M | -10.4 M | -44 M | -7.79 M | -12.5 M | 35.6 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Interest Expense |
-230 K | 994 K | -2.63 M | -3.06 M | 16.7 M | 2.32 M | -26.1 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBITDA |
-177 M | -69.2 M | -5.88 M | -41.4 M | -2.47 M | -9.61 M | 43.2 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Operating Expenses |
190 M | 74.2 M | 84.1 M | - | 174 M | - | 217 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
General and Administrative Expenses |
188 M | 76.3 M | 149 M | 70.9 M | 184 M | 81.6 M | 214 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
All numbers in CNY currency
The income statement is one of the three key financial reports of a company Quhuo Limited (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.