Quhuo (QH)


Market Price (8/6/2026): $4.32 | Market Cap: $227.6 MilSector: Information Technology | Industry: Application Software

Quhuo (QH)


Market Price (8/6/2026): $4.32
Market Cap: $227.6 Mil
Sector: Information Technology
Industry: Application Software

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -22%

Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 56%

Megatrend and thematic drivers
Megatrends include Gig Economy & On-Demand Services, and E-commerce & Digital Retail. Themes include On-demand Workforce Solutions, Shared Mobility Services, Show more.

Weak multi-year price returns
2Y Excs Rtn is -129%, 3Y Excs Rtn is -166%

Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -85 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -2.1%

Stock price has recently run up significantly
6M Rtn6 month market price return is 452%

Valuation getting more expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 4691%

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -70%

High stock price volatility
Vol 12M is 2417%

Key risks
QH key risks include [1] a high probability of bankruptcy amid severe financial instability, Show more.

0 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -22%
1 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 56%
2 Megatrend and thematic drivers
Megatrends include Gig Economy & On-Demand Services, and E-commerce & Digital Retail. Themes include On-demand Workforce Solutions, Shared Mobility Services, Show more.
3 Weak multi-year price returns
2Y Excs Rtn is -129%, 3Y Excs Rtn is -166%
4 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -85 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -2.1%
5 Stock price has recently run up significantly
6M Rtn6 month market price return is 452%
6 Valuation getting more expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 4691%
7 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -70%
8 High stock price volatility
Vol 12M is 2417%
9 Key risks
QH key risks include [1] a high probability of bankruptcy amid severe financial instability, Show more.

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 8/5/2026

Quhuo (QH) stock has gained about 55% since 4/30/2026 because of the following key factors:

1. Successful Compliance with Nasdaq's Minimum Bid Price Requirement.

Quhuo successfully navigated a delisting threat by implementing a 1-for-30 reverse stock split of its American Depositary Shares (ADSs) on April 27, 2026. This action was crucial after Nasdaq issued a delisting determination when the ADSs traded at or below $0.10 for ten consecutive trading days through March 25, 2026. Following the split, the ADS closing bid price remained above $1.00 for 13 consecutive trading days by May 13, 2026, thereby restoring compliance with Nasdaq's minimum bid price rule.

2. Nasdaq Granted Continued Listing.

Following its return to bid price compliance, Quhuo received a favorable decision from a Nasdaq Hearings Panel on May 18, 2026, which granted the company continued listing on the Nasdaq Stock Market. This decision removed a significant overhang and immediate threat of delisting, which likely boosted investor confidence. The continued listing was subject to conditions, including a commitment by Quhuo not to conduct any external financing activities for one year, ending May 13, 2027.

Show more
Updated on 8/5/2026

Quhuo (QH) stock has gained about 55% since 4/30/2026 because of the following key factors:

1. Successful Compliance with Nasdaq's Minimum Bid Price Requirement.

Quhuo successfully navigated a delisting threat by implementing a 1-for-30 reverse stock split of its American Depositary Shares (ADSs) on April 27, 2026. This action was crucial after Nasdaq issued a delisting determination when the ADSs traded at or below $0.10 for ten consecutive trading days through March 25, 2026. Following the split, the ADS closing bid price remained above $1.00 for 13 consecutive trading days by May 13, 2026, thereby restoring compliance with Nasdaq's minimum bid price rule.

2. Nasdaq Granted Continued Listing.

Following its return to bid price compliance, Quhuo received a favorable decision from a Nasdaq Hearings Panel on May 18, 2026, which granted the company continued listing on the Nasdaq Stock Market. This decision removed a significant overhang and immediate threat of delisting, which likely boosted investor confidence. The continued listing was subject to conditions, including a commitment by Quhuo not to conduct any external financing activities for one year, ending May 13, 2027.

3. Corporate Restructuring and Direct Listing.

Quhuo pursued a comprehensive corporate restructuring that included the termination of its American Depositary Receipt (ADR) program and a move to a direct Nasdaq listing of its Class A ordinary shares. This strategy was approved by shareholders in March 2026 and began implementation in July 2026, with all related resolutions passed at an extraordinary general meeting on July 6, 2026. This simplification of its capital structure and direct listing approach likely contributed to a more positive market perception of the company's future.

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Stock Movement Drivers

Fundamental Drivers

The 53.2% change in QH stock from 4/30/2026 to 8/5/2026 was primarily driven by a 53.2% change in the company's P/S Multiple.
(LTM values as of)43020268052026Change
Stock Price ($)3.004.5953.2%
Change Contribution By: 
Total Revenues ($ Mil)4,0254,0250.0%
P/S Multiple0.00.153.2%
Shares Outstanding (Mil)53530.0%
Cumulative Contribution53.2%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2026 to 8/5/2026
ReturnCorrelation
QH53.2% 
Market (SPY)7.1%33.5%
Sector (XLK)16.6%30.6%

Fundamental Drivers

The 416.3% change in QH stock from 1/31/2026 to 8/5/2026 was primarily driven by a 416.3% change in the company's P/S Multiple.
(LTM values as of)13120268052026Change
Stock Price ($)0.894.59416.3%
Change Contribution By: 
Total Revenues ($ Mil)4,0254,0250.0%
P/S Multiple0.00.1416.3%
Shares Outstanding (Mil)53530.0%
Cumulative Contribution416.3%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2026 to 8/5/2026
ReturnCorrelation
QH416.3% 
Market (SPY)11.5%3.1%
Sector (XLK)29.4%2.8%

Fundamental Drivers

The -55.6% change in QH stock from 7/31/2025 to 8/5/2026 was primarily driven by a -55.6% change in the company's P/S Multiple.
(LTM values as of)73120258052026Change
Stock Price ($)10.354.59-55.6%
Change Contribution By: 
Total Revenues ($ Mil)4,0254,0250.0%
P/S Multiple0.10.1-55.6%
Shares Outstanding (Mil)53530.0%
Cumulative Contribution-55.6%

LTM = Last Twelve Months as of date shown

Market Drivers

7/31/2025 to 8/5/2026
ReturnCorrelation
QH-55.6% 
Market (SPY)22.8%2.9%
Sector (XLK)42.1%3.0%

Fundamental Drivers

The -97.5% change in QH stock from 7/31/2023 to 8/5/2026 was primarily driven by a -97.5% change in the company's P/S Multiple.
(LTM values as of)73120238052026Change
Stock Price ($)180.904.59-97.5%
Change Contribution By: 
Total Revenues ($ Mil)4,0254,0250.0%
P/S Multiple2.40.1-97.5%
Shares Outstanding (Mil)53530.0%
Cumulative Contribution-97.5%

LTM = Last Twelve Months as of date shown

Market Drivers

7/31/2023 to 8/5/2026
ReturnCorrelation
QH-97.5% 
Market (SPY)74.1%1.7%
Sector (XLK)112.4%2.3%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
QH Return-85%-99%23%-1%-99%298%-100%
Peers Return13%-45%62%2%3%22%29%
S&P 500 Return27%-19%24%23%16%13%106%

Monthly Win Rates [3]
QH Win Rate25%17%58%25%25%25% 
Peers Win Rate55%35%50%43%52%62% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
QH Max Drawdown-91%-99%-53%-83%-100%-98% 
Peers Max Drawdown-35%-58%-29%-34%-42%-33% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: UBER, DASH, LYFT, MAN, RHI.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 8/5/2026 (YTD)

How Low Can It Go

EventQHS&P 500
2025 US Tariff Shock
  % Loss-18.8%-18.8%
  % Gain to Breakeven23.2%23.1%
  Time to Breakeven40 days79 days
2024 Yen Carry Trade Unwind
  % Loss-44.4%-7.8%
  % Gain to Breakeven79.9%8.5%
  Time to Breakeven27 days18 days
2023 SVB Regional Banking Crisis
  % Loss-28.7%-6.7%
  % Gain to Breakeven40.3%7.1%
  Time to Breakeven31 days31 days

Compare to UBER, DASH, LYFT, MAN, RHI

In The Past

Quhuo's stock fell -18.8% during the 2025 US Tariff Shock. Such a loss loss requires a 23.2% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

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EventQHS&P 500
2024 Yen Carry Trade Unwind
  % Loss-44.4%-7.8%
  % Gain to Breakeven79.9%8.5%
  Time to Breakeven27 days18 days
2023 SVB Regional Banking Crisis
  % Loss-28.7%-6.7%
  % Gain to Breakeven40.3%7.1%
  Time to Breakeven31 days31 days

Compare to UBER, DASH, LYFT, MAN, RHI

In The Past

Quhuo's stock fell -18.8% during the 2025 US Tariff Shock. Such a loss loss requires a 23.2% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Quhuo (QH)

Quhuo Limited (QH) operates a comprehensive, technology-driven platform providing workforce operational solutions to leading on-demand consumer service businesses in China. Essentially, Quhuo acts as a critical back-end support system for the Chinese gig economy, offering end-to-end operational management for various services that are heavily influenced by e-commerce trends.

The company's core services span several key sectors. It offers on-demand delivery solutions for goods like groceries, prepared meals, and fresh food; ride-hailing solutions for major transportation platforms; housekeeping services for short-term rental properties and hotels; and maintenance and distribution services for shared-bike companies. Quhuo also develops proprietary software and applications to power these solutions.

Quhuo's primary clientele consists of blue-chip companies in the on-demand consumer services industry across China. These customers operate in fast-growing segments such as food delivery, ride-sharing, and shared mobility, relying on Quhuo's platform to efficiently manage and deploy their workforce and operational needs.

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Quhuo is like a **B2B version of Uber or DoorDash**, providing the operational and workforce backbone for other companies' on-demand services (delivery, ride-hailing, etc.) in China.

Quhuo is similar to **Ryder System for on-demand human services** in China, managing the "fleet" of gig workers and their operations for other businesses.

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  • On-Demand Delivery Solutions: Provides operational solutions for the delivery of items such as grocery, prepared, and fresh food.
  • Ride-Hailing Solutions: Offers operational services to ride-hailing companies.
  • Housekeeping & Cleaning Solutions: Delivers cleaning services for short-term rental properties and hotels.
  • Shared-Bike Maintenance Solutions: Provides maintenance and distribution services for bike-sharing companies.
  • Software & Application Development: Develops computer software and applications to support its platform and operations.

AI Analysis | Feedback

Quhuo Limited (QH) primarily sells its services to other companies, operating in a B2B model.

Based on the provided background information, specific names of its major customer companies are not explicitly listed. However, the company provides tech-enabled and end-to-end operational solutions to "blue-chip on-demand consumer service businesses" in industries with e-commerce exposure. These customer companies operate in the following sectors:

  • On-demand delivery (e.g., grocery, prepared and fresh food delivery platforms)
  • Ride-hailing
  • Housekeeping (including short-term rental properties and hotel cleaning services)
  • Bike-sharing (for maintenance and distribution services)

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Leslie Yu, Chairman of the Board, Chief Executive Officer

Mr. Leslie Yu is a founder of Quhuo Limited, which was established in 2012. He has served as the Chairman of the Board since June 2019 and Chief Executive Officer since March 2012. Prior to founding Quhuo, Mr. Yu was the general manager of Shanghai Origin Myway International Logistics Co., Ltd. from September 2010 to March 2012. He also worked as a senior business manager at DHL Supply Chain (China) Co., Ltd. from August 2005 to August 2010, and an operating manager at New Times International Transport Service Co., Ltd. from January 2004 to July 2005. Mr. Yu began his career at United Biscuits (China) Co., Ltd. as a sales planning supervisor from August 1996 to July 1999. He holds a bachelor's degree in international economic law from Renmin University of China and an MBA from Auckland Institute of Studies.

Zhen Ba, Director, Vice President and Chief Financial Officer

Mr. Zhen Ba is a co-founder of Quhuo Limited. He was appointed Chief Financial Officer, effective July 18, 2022, and previously held the CFO position from 2012 to 2015. He has also served as a director since June 2019 and Vice President in charge of business development since the inception of Beijing Quhuo Technology Co., Ltd. in March 2012. Before co-founding Quhuo, Mr. Ba was the director of sales for the North China region at LF Logistics from 2010 to 2012. From January 2005 to August 2010, he was a project manager at DHL Supply Chain (China) Co., Ltd. Mr. Ba earned a bachelor's degree in English from China Foreign Affairs University and a master's degree in management from Lancaster University.

Fan Pan, Chief Technology Officer

Mr. Fan Pan has served as Chief Technology Officer since May 2015. He co-founded and served as CTO at Beijing Gaotu Information Technology Co., Ltd. from May 2012 to December 2014. Additionally, Mr. Pan co-founded Visual China Group Co., Ltd. and held various roles, including CTO and general manager of the e-commerce department, from November 2000 to October 2011. Prior to that, he founded and worked at Beijing CCIDnet Information Technology Co., Ltd. from April 1999 to June 2001.

Shan Li, Director and Chief Human Resources Officer

Ms. Shan Li has served as a Director and Chief Human Resources Officer since April 2025, and as Chief Human Resources Officer of Beijing Quhuo since December 2019. In her role, she is responsible for human resources, administrative management, government relations, value-added business operations, the development of the company's SOP system, and certain compliance and risk control functions. Earlier in her career, she held various positions at Yili Industrial Group Co., Ltd. from June 1997 to March 2005, progressing from Purchasing Specialist to Project Leader. Ms. Li holds a Bachelor's Degree in Food Science and Engineering from Inner Mongolia Agricultural University and an EMBA from Tsinghua University.

Gang Wang, Chief Operating Officer

Mr. Gang Wang serves as the Chief Operating Officer of Quhuo Limited and was appointed as a successor director effective July 18, 2022.

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Key Risks to Quhuo (QH)

  1. Financial Instability and Risk of Insolvency: Quhuo Limited faces significant financial challenges, including a net loss of RMB 150.5 million in fiscal year 2025, consistently negative profit margins, and a declining revenue, with a contraction of 30.20%. The company has been noted for unstable profits over time, experiencing significant drawdowns, and burning through cash despite reporting small profits on paper. Analysts have highlighted a high probability of bankruptcy for Quhuo, estimated at 45.16% within the next 24 months, due to its fundamentals and market conditions. Its Return on Equity is negative, signaling inefficiencies in generating returns from shareholder investments.
  2. Nasdaq Delisting and Financing Restrictions: Quhuo's listing status on Nasdaq is precarious. The company received a Staff Delisting Determination Letter from Nasdaq and the outcome of its appeal remains a pivotal event. While conditional relief has been obtained, it came with a critical condition: a commitment not to pursue external financing activities for one year, specifically through May 13, 2027. This restriction severely limits Quhuo's access to new equity or debt capital, potentially constraining its operational flexibility, especially given its current financial state. There is no assurance that the company will satisfy all Panel conditions or maintain compliance with Nasdaq listing rules.
  3. Extreme Share Price Volatility and Shareholder Dilution: Quhuo is characterized as a high-risk, speculative micro-cap stock, with a market capitalization often below $20 million. Its share price has experienced extreme volatility, with substantial average weekly changes. Shareholders have faced significant dilution in the past year, with increases in shares outstanding. Notably, the company executed a massive share dilution in early 2026, leading to a proposed 32000-to-1 reverse share split and the potential termination of its American Depositary Receipt (ADR) program, which has been described as a "terminal restructuring" that caused the stock to lose over 99% of its functional value.

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A clear emerging threat for Quhuo is the increasing regulatory scrutiny and potential reclassification of gig workers in the People's Republic of China. As Quhuo provides workforce operational solutions for on-demand services, its business model heavily relies on the current flexible employment framework. Stricter labor laws, mandates for increased worker benefits, or a reclassification of contract workers as employees would significantly raise operational costs for Quhuo and its blue-chip clients, undermining the cost-effectiveness and flexibility central to Quhuo's value proposition and potentially disrupting its entire service model.

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For Quhuo (symbol: QH), the addressable markets for their main products or services in China are as follows:

On-Demand Delivery Solutions (China)

  • The China online food delivery market was valued at USD 48,170.6 million in 2024 and is expected to reach USD 87,109.7 million by 2030. Other estimates indicate the Chinese online food delivery market was valued at USD 140 billion in 2025 and is expected to reach USD 232 billion by 2032. Additionally, the China online food delivery market size reached USD 89.9 billion in 2025 and is projected to reach USD 200.1 billion by 2034.
  • The China same-day delivery market was valued at USD 32.99 billion in 2025 and is estimated to grow to USD 51.89 billion by 2031. Another source estimates the China same-day delivery market at USD 32.99 billion in 2025, expected to reach USD 49.08 billion by 2030.

Ride-Hailing Solutions (China)

  • The China ride-hailing services market generated a revenue of USD 4,600.5 million in 2025 and is expected to reach USD 18,188.0 million by 2033.
  • Another estimate places China's ride-hailing market at approximately USD 81.67 billion in 2026.
  • The overall car-based passenger transportation market in China, which includes ride-hailing, is expected to increase from RMB 722.7 billion (approximately USD 100.37 billion) in 2024 to RMB 1,238.9 billion (approximately USD 172.07 billion) in 2028.

Housekeeping Solutions (China)

  • The China cleaning services market generated a revenue of USD 28,465.3 million in 2025 and is expected to reach USD 49,264.0 million by 2033.
  • The China janitorial service market was valued at USD 14,099.5 million in 2023 and is expected to reach USD 18,334.3 million by 2030.
  • The broader home service industry in China, which encompasses housekeeping, surpassed 800 billion RMB (approximately USD 119 billion) in 2018 and was forecasted to soon exceed 1 trillion RMB (approximately USD 149 billion).
  • The total revenues of China's household service sector, including housekeeping, elder care, and childcare services, were 1.23 trillion yuan (approximately USD 168.5 billion) in 2024.

Bike-Sharing Maintenance Solutions (China)

  • China's bike-sharing market size was 5.7 billion USD in 2022.
  • The China bike-sharing market was worth over USD 1.4 billion in 2024.
  • The China bike-sharing market size was valued at US$ 1.39 billion in 2024 and is expected to reach nearly US$ 1.99 billion by 2032.
  • China accounts for approximately 18% of the global bike-sharing market, which was valued at USD 9.83 billion in 2025. This suggests China's share was approximately USD 1.77 billion in 2025.

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Here are the expected drivers of future revenue growth for Quhuo (QH) over the next 2-3 years:

1. Growth in Housekeeping and Accommodation Solutions: This segment is a significant driver, with its Gross Merchandise Value (GMV) increasing by 53% in 2023 and revenues from this segment growing by 75.9% in fiscal year 2025. The implementation of a "SaaS+ service empowerment" model and restructuring operations through a proprietary booking platform have contributed to improved profitability and are expected to continue driving revenue.

2. Expansion of AI Data Collection and Integration of AI Agents: Quhuo's partnership with Wons to broaden AI data collection and training services, along with the integration of AI agents into its homestay operations and vehicle export platforms, are anticipated to serve as ongoing catalysts for growth.

3. Expansion in Vehicle Export Solutions: The international vehicle export solutions business has demonstrated substantial growth, with a 389% year-on-year revenue increase in the first half of 2024 and a 187.4% rise in gross profit in fiscal year 2025. AI-powered inspections have improved productivity and gross profit margins in this area. The company's Quhuo International division, which focuses on overseas operations, is exploring blockchain technology to enhance flexibility in settlement and asset management for international trade.

4. Optimization and Expansion of Food Delivery Business: A successful pilot model for efficient and accurate fresh beef delivery, powered by Quhuo+'s platform, is projected to drive revenue growth in 2025. Plans are in place to extend this model to other perishable food segments, aiming to establish a flexible and efficient supply chain service for the catering industry.

5. Growth in Mobility Services: Quhuo's mobility services segment, which includes ride-hailing and shared-bike maintenance, experienced a 17% year-on-year revenue increase in the first half of 2024. Specifically, ride-hailing service revenue grew by 47.5% and shared-bike maintenance service revenue increased by 6.2% year-on-year. Significant improvements in gross profit margins for both services in 2024 are expected to contribute to continued revenue growth.

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Share Repurchases

  • Quhuo's 1-Year Share Buyback Ratio was 0.00 as of December 2025, indicating no share repurchases during that period.
  • A reported Buyback Yield of -235.20% and a 235.20% increase in shares outstanding year-over-year (as of July 2026) suggests net share issuance rather than repurchases.

Share Issuance

  • In early 2026, Quhuo planned to raise approximately US$3.15 million through the issuance of 31.5 billion Class A ordinary shares at US$0.0001 per share.
  • The company has implemented multiple reverse stock splits, including a 1-for-90 split on August 25, 2025, and a 1-for-30 reverse split on April 27, 2026.
  • A 32,000-to-1 share consolidation and termination of its ADR program was announced, with Class A ordinary shares expected to trade directly on Nasdaq from July 17, 2026, following prior massive share dilution.

Outbound Investments

  • Quhuo entered into an agreement to acquire Autolinker Limited, a Hong Kong company focused on automobile trading and business integration, by issuing up to 22.5 billion new Class A ordinary shares over five years based on performance targets.
  • In November 2025, Quhuo partnered with Topliquidity Management Limited to receive advisory services for its blockchain initiatives and digital currency strategies, particularly for its vehicle export division, Quhuo International.

Capital Expenditures

  • Capital expenditures for the trailing twelve months (TTM) as of July 2026 were -$8.75 million.
  • In the last 12 months (as of July 2026), operating cash flow was -$5.42 million and capital expenditures were -$207,738.

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

QHUBERDASHLYFTMANRHIMedian
NameQuhuo Uber Tec.DoorDash Lyft Manpower.Robert H. 
Mkt Price4.5968.18207.2716.4854.3940.5547.47
Mkt Cap0.2138.890.06.52.54.15.3
Rev LTM4,02555,22715,8916,51718,3775,29311,204
Op Inc LTM-856,700763-16523911125
FCF LTM-10,1162,1391,122-1302151,122
FCF 3Y Avg-7,8031,83768140288681
CFO LTM-10,4242,8301,189-772561,189
CFO 3Y Avg-8,0792,328767101339767

Growth & Margins

QHUBERDASHLYFTMANRHIMedian
NameQuhuo Uber Tec.DoorDash Lyft Manpower.Robert H. 
Rev Chg LTM56.0%16.7%33.6%9.4%4.8%-4.9%13.0%
Rev Chg 3Y Avg-16.4%27.5%15.9%-1.7%-8.5%15.9%
Rev Chg Q24.2%12.2%35.6%13.8%10.3%-2.4%13.0%
QoQ Delta Rev Chg LTM5.5%2.9%7.9%3.2%2.3%-0.6%3.0%
Op Inc Chg LTM-262.1%48.6%40.5%-94.4%-11.0%-93.6%-52.3%
Op Inc Chg 3Y Avg-208.0%103.8%19.2%-21.6%-64.6%19.2%
Op Mgn LTM-2.1%12.1%4.8%-2.5%1.3%0.2%0.8%
Op Mgn 3Y Avg-8.9%1.5%-3.6%1.4%2.9%1.5%
QoQ Delta Op Mgn LTM0.7%0.5%-0.4%0.5%-0.0%-1.2%0.2%
CFO/Rev LTM-18.9%17.8%18.2%-0.4%4.8%17.8%
CFO/Rev 3Y Avg-16.7%18.9%12.5%0.5%6.0%12.5%
FCF/Rev LTM-18.3%13.5%17.2%-0.7%4.1%13.5%
FCF/Rev 3Y Avg-16.1%15.0%10.9%0.2%5.1%10.9%

Valuation

QHUBERDASHLYFTMANRHIMedian
NameQuhuo Uber Tec.DoorDash Lyft Manpower.Robert H. 
Mkt Cap0.2138.890.06.52.54.15.3
P/S0.12.55.71.00.10.80.9
P/Op Inc-2.820.7118.0-39.510.6380.515.7
P/EBIT-1.419.4118.0-332.813.3380.516.4
P/E-1.514.5107.12.3-154.935.38.4
P/CFO-13.331.85.5-32.915.813.3
Total Yield-65.3%6.9%0.9%43.9%0.7%8.7%3.9%
Dividend Yield0.0%0.0%0.0%0.0%1.3%5.9%0.0%
FCF Yield 3Y Avg-4.8%2.7%11.1%-0.4%6.5%4.8%
D/E0.60.10.00.20.60.10.1
Net D/E-0.20.1-0.0-0.10.5-0.0-0.0

Returns

QHUBERDASHLYFTMANRHIMedian
NameQuhuo Uber Tec.DoorDash Lyft Manpower.Robert H. 
1M Rtn-34.4%-5.9%10.0%7.1%41.5%21.8%8.5%
3M Rtn53.7%-13.9%23.4%15.8%90.2%58.4%38.5%
6M Rtn452.3%-7.8%5.8%2.0%51.2%29.5%17.7%
12M Rtn-52.3%-23.7%-18.8%13.6%45.4%25.3%-2.6%
3Y Rtn-97.2%50.8%147.9%51.9%-19.6%-37.3%15.6%
1M Excs Rtn-34.8%-11.2%3.0%3.8%35.3%13.7%3.4%
3M Excs Rtn47.3%-12.9%18.4%10.6%81.4%48.1%32.8%
6M Excs Rtn398.9%-24.2%-9.0%-13.3%48.2%24.2%7.6%
12M Excs Rtn-76.4%-44.9%-41.7%-5.0%25.6%3.2%-23.3%
3Y Excs Rtn-165.8%-30.5%60.0%-38.6%-89.7%-104.8%-64.2%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
On-demand delivery solution services2,3342,8283,4133,639 
Others192218290182 
Single Segment    4,025
Total2,5263,0473,7023,8204,025


Price Behavior

Price Behavior
Market Price$4.59 
Market Cap ($ Bil)0.2 
First Trading Date07/10/2020 
Distance from 52W High-59.4% 
   50 Days200 Days
DMA Price$5.85$2.46
DMA Trenddownup
Distance from DMA-21.4%86.6%
 3M1YR
Volatility371.3%2,421.5%
Downside Capture741.34679.34
Upside Capture805.29446.02
Correlation (SPY)34.5%3.1%
QH Betas & Captures as of 7/31/2026

 1M2M3M6M1Y3Y
Beta4.2810.769.968.295.791.60
Up Beta3.1730.1521.54-52.56-26.46-5.14
Down Beta0.201.931.613.722.390.55
Up Capture335%788%2150%24073%3878%962%
Bmk +ve Days11223567138427
Stock +ve Days8152152110321
Down Capture701%498%446%292%198%112%
Bmk -ve Days11212859114326
Stock -ve Days14283564128382

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with QH
QH-54.6%2,416.7%1.02-
Sector ETF (XLK)42.5%25.9%1.333.0%
Equity (SPY)23.1%12.9%1.342.9%
Gold (GLD)25.4%28.3%0.79-1.2%
Commodities (DBC)29.5%19.8%1.192.5%
Real Estate (VNQ)14.4%13.7%0.74-4.8%
Bitcoin (BTCUSD)-44.6%42.9%-1.252.2%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with QH
QH-82.5%1,095.0%0.42-
Sector ETF (XLK)20.4%25.8%0.702.6%
Equity (SPY)13.4%17.2%0.602.0%
Gold (GLD)18.2%18.6%0.79-0.5%
Commodities (DBC)8.1%19.6%0.311.3%
Real Estate (VNQ)2.5%18.9%0.03-0.4%
Bitcoin (BTCUSD)9.9%53.0%0.371.2%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with QH
QH-63.7%996.1%0.37-
Sector ETF (XLK)24.6%24.9%0.892.5%
Equity (SPY)15.3%17.9%0.732.0%
Gold (GLD)12.0%16.2%0.60-0.4%
Commodities (DBC)7.1%18.0%0.311.2%
Real Estate (VNQ)4.9%20.7%0.20-0.4%
Bitcoin (BTCUSD)58.2%66.2%0.981.1%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date7152026
Short Interest: Shares Quantity0.0 Mil
Short Interest: % Change Since 6302026-49.3%
Average Daily Volume0.0 Mil
Days-to-Cover Short Interest1.4 days
Basic Shares Quantity52.7 Mil
Short % of Basic Shares0.1%

SEC Filings

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Report DateFiling DateFiling
12/31/202504/02/202620-F
06/30/202509/26/20256-K
12/31/202404/30/202520-F
06/30/202408/28/20246-K
12/31/202304/17/202420-F
06/30/202309/05/20236-K
12/31/202204/20/202320-F
06/30/202211/15/20226-K
12/31/202109/09/202220-F
09/30/202112/21/20216-K
06/30/202108/25/20216-K
03/31/202106/28/20216-K
12/31/202005/17/202120-F
09/30/202012/03/20206-K
06/30/202008/27/20206-K
12/31/201907/10/2020424B4
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Report DateFiling DateFiling
12/31/202504/02/202620-F
06/30/202509/26/20256-K
12/31/202404/30/202520-F
06/30/202408/28/20246-K
12/31/202304/17/202420-F
06/30/202309/05/20236-K
12/31/202204/20/202320-F
06/30/202211/15/20226-K
12/31/202109/09/202220-F
09/30/202112/21/20216-K
06/30/202108/25/20216-K
03/31/202106/28/20216-K
12/31/202005/17/202120-F
09/30/202012/03/20206-K
06/30/202008/27/20206-K
12/31/201907/10/2020424B4
Core Cache Last Updated: 8/5/2026