8 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings, in CNY as reported — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has declined 0.4% per year over the past 5 years.
Operating margin has contracted, at -7.0% in the latest year.
Financial health
The company holds more cash (CN¥38M) than total debt (CN¥296000).
Total debt has grown slower than revenue (-67.9% vs -0.4% per year).
Operating income covered interest expense -42.4× in the latest year.
The company is unprofitable and has less than a year of cash runway at its current free-cash-flow burn.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2025
CN¥2.5B
-CN¥149M
0.5%
-7.0%
-42.1%
-18.7%
-CN¥39M
CN¥296000
CN¥38M
2024
CN¥3.0B
CN¥3M
2.4%
-0.3%
0.6%
0.3%
-CN¥16M
CN¥118M
CN¥63M
2023
CN¥3.7B
CN¥3M
4.5%
-0.2%
0.7%
0.3%
-CN¥97M
CN¥100M
CN¥45M
2022
CN¥3.8B
-CN¥13M
6.6%
0.9%
-2.6%
-1.2%
CN¥70M
CN¥67M
CN¥95M
2021
CN¥4.0B
-CN¥158M
4.4%
-3.5%
-33.5%
-13.8%
-CN¥40M
CN¥148M
CN¥29M
2020
CN¥2.6B
CN¥3M
7.5%
-0.8%
0.6%
0.3%
CN¥8M
CN¥87M
CN¥98M
2019
—
-CN¥12M
—
—
1.5%
-1.6%
-CN¥129000
CN¥164M
CN¥127M
2018
—
-CN¥43M
—
—
—
—
CN¥16M
—
—
Net income
Net income
Return on equity & assets (ROE / ROA)
ROEROA
Shareholders' equity (book value)
Equity
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Dec '21
—
-CN¥71M
—
—
-15.2%
-6.2%
CN¥26M
CN¥148M
CN¥29M
Dec '20
—
CN¥12M
—
—
2.2%
1.1%
-CN¥16M
CN¥87M
CN¥98M
Frequently asked questions
Is QH growing its revenue and profit?
Over the past 5 years, Quhuo Ltd's revenue has declined 0.4% per year.
How much debt does QH have?
As of FY2025, Quhuo Ltd reported CN¥296000 of total debt against CN¥38M of cash; operating income covered interest expense -42.4×.
What is QH's profit margin?
In FY2025, gross margin was 0.5%, operating margin -7.0%, and net margin -5.9%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — its annual and interim reports, in CNY as reported (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (annual and interim filings, reported in CNY) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing.