← QUHUO Ltd
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current assets: | ||||||||
| Cash and Cash Equivalents, at Carrying Value | $126.8m | $15.0m | $4.5m | $13.8m | $6.4m | $8.7m | $5.5m | |
| Prepaid Expense and Other Assets, Current | $43.1m | $7.0m | $6.6m | $8.0m | $15.3m | $15.3m | $14.1m | |
| Short-term Investments | $56.3m | $30.9m | $28.1m | $9.3m | $9.6m | — | — | |
| Cash and cash equivalents | $126.8m | $15.0m | $28.6m | $95.4m | $45.2m | $63.2m | $38.4m | |
| Accounts receivable, net | $277.0m | $58.4m | $510.7m | $495.0m | $476.0m | $295.7m | $266.3m | |
| Prepayments and other current assets | $43.1m | $7.0m | $42.2m | $54.9m | $108.4m | $112.0m | $98.5m | |
| Allowance For Doubtful Accounts Receivable | — | — | — | ($7.1m) | ($6.4m) | ($6.8m) | ($6.7m) | |
| Cash Cash Equivalents And Short Term Investments | — | — | — | $159.8m | $113.6m | $63.2m | $38.4m | |
| Gross Accounts Receivable | — | — | — | $502.2m | $482.4m | $302.5m | $273.0m | |
| Non Current Prepaid Assets | — | — | — | $134.2m | $140.0m | $95.2m | $91.1m | |
| Other Current Assets | — | — | — | $16.0m | $16.7m | $11.1m | $23.4m | |
| Other Receivables | — | — | — | $28.9m | $78.8m | $98.2m | $70.5m | |
| Other Short Term Investments | — | — | $178.8m | $64.4m | $68.4m | $0 | — | |
| Prepaid Assets | — | — | — | $10.0m | $12.9m | $2.8m | $4.7m | |
| Accounts Receivable, after Allowance for Credit Loss | — | — | — | — | — | — | $31.2m | |
| Assets, Current | $521.5m | $112.6m | $120.4m | $104.3m | $98.5m | $64.8m | $57.9m | |
| Total current assets | $521.5m | $112.6m | $767.4m | $719.2m | $699.4m | $472.9m | $404.9m | |
| Property, Plant and Equipment, Net | $25.6m | $3.6m | $2.3m | $1.7m | $2.1m | $1.2m | $337k | |
| Goodwill | $26.2m | $18.2m | $10.5m | $9.5m | $9.2m | $9.0m | $9.4m | |
| Intangible Assets, Net (Excluding Goodwill) | $66.8m | $17.2m | $19.5m | $14.7m | $11.7m | $7.9m | $6.4m | |
| Intangible assets, net | $66.8m | $17.2m | $124.3m | $101.6m | $82.8m | $58.0m | $44.6m | |
| Goodwill And Other Intangible Assets | — | — | — | $167.1m | $148.3m | $123.5m | $110.1m | |
| Other Intangible Assets | — | — | — | $101.6m | $82.8m | $58.0m | $44.6m | |
| Operating Lease, Right-of-Use Asset | $0 | $5.0m | $1.2m | $806k | $876k | $637k | $223k | |
| Other Assets, Noncurrent | $98.1m | $16.2m | $24.7m | $20.3m | $19.9m | $30.9m | $32.1m | |
| Right-of-use assets, net | $0 | $32.5m | $8.0m | $5.6m | $6.2m | $4.6m | $1.6m | |
| Additional Financial Items | ||||||||
| Accounts Receivable, after Allowance for Credit Loss, Current | $277.0m | $58.4m | $80.1m | $71.8m | $67.0m | $40.5m | $38.1m | |
| Accrued Liabilities, Current | $75.8m | $16.2m | $19.0m | $18.3m | $15.2m | $10.2m | $16.1m | |
| Restricted cash | $0 | $5.9m | $2.3m | $5.6m | $1.3m | $1.9m | $1.6m | |
| Deferred tax assets | $3.9m | $363k | $6.7m | $12.0m | $22.0m | $31.5m | $54.8m | |
| Other non-current assets | $98.1m | $16.2m | $157.3m | $140.3m | $141.4m | $225.6m | $224.6m | |
| Accrued expenses and other current liabilities | $75.8m | $16.2m | $121.0m | $125.9m | $108.1m | $74.3m | $112.8m | |
| Short-term lease liabilities | $0 | $17.7m | $5.3m | $3.3m | $3.9m | $2.8m | $1.4m | |
| Amounts due to related parties | — | $0 | $245k | — | — | $1.4m | $5.5m | |
| Long-term lease liabilities | $0 | $14.6m | $1.4m | $1.1m | $1.4m | $1.6m | $144k | |
| Other non-current liabilities | $22.8m | $6.3m | $50.7m | $66.9m | $54.2m | $62.4m | $53.6m | |
| Ordinary shares value | $17k | $6k | $37k | $43k | $43k | $615k | $2.6m | |
| Non-controlling interests | $2.9m | $7.1m | $12.5m | ($3.6m) | ($911k) | ($4.1m) | ($5.2m) | |
| Accumulated Depreciation | — | — | — | ($23.2m) | ($22.1m) | ($8.6m) | ($5.9m) | |
| Capital Lease Obligations | — | — | — | $4.4m | $5.3m | $4.5m | $1.5m | |
| Cash Financial | — | — | $28.6m | $95.4m | $45.2m | — | — | |
| Current Capital Lease Obligation | — | — | — | $3.3m | $3.9m | $2.8m | $1.4m | |
| Current Debt | — | — | — | $65.4m | $92.7m | $112.8m | $113.4m | |
| Current Debt And Capital Lease Obligation | — | — | — | $68.7m | $96.6m | $115.7m | $114.8m | |
| Current Deferred Liabilities | — | — | — | $3.2m | $3.8m | $2.3m | $3.0m | |
| Duefrom Related Parties Current | — | — | $4.8m | $3.9m | $253k | $0 | — | |
| Dueto Related Parties Current | — | — | — | $0 | $0 | $1.4m | $5.5m | |
| Gross PPE | — | — | — | $40.2m | $43.0m | $22.1m | $9.8m | |
| Income Tax Payable | — | — | — | $13.4m | $11.1m | $15.2m | $15.2m | |
| Invested Capital | — | — | — | $567.9m | $606.4m | $582.3m | $468.2m | |
| Investmentin Financial Assets | — | — | — | — | — | $0 | $29.3m | |
| Investments And Advances | — | — | — | $6.1m | $1.4m | $1.4m | $30.7m | |
| Leases | — | — | — | $417k | $417k | $417k | $417k | |
| Line Of Credit | — | — | — | $65.0m | $89.9m | $110.0m | $113.2m | |
| Long Term Capital Lease Obligation | — | — | — | $1.1m | $1.4m | $1.6m | $144k | |
| Machinery Furniture Equipment | — | — | — | $29.1m | $31.4m | $12.1m | $2.9m | |
| Net Debt | — | — | $119.9m | — | $55.0m | $54.4m | $75.1m | |
| Net PPE | — | — | — | $17.0m | $20.9m | $13.5m | $3.9m | |
| Net Tangible Assets | — | — | — | $334.1m | $357.9m | $341.3m | $244.6m | |
| Non Current Accounts Receivable | — | — | — | — | — | $129.1m | $102.8m | |
| Non Current Deferred Assets | — | — | — | $12.0m | $22.0m | $31.5m | $54.8m | |
| Non Current Deferred Liabilities | — | — | — | $814k | $4.7m | $599k | $256k | |
| Non Current Deferred Taxes Assets | — | — | — | $12.0m | $22.0m | $31.5m | $54.8m | |
| Ordinary Shares Number | — | — | — | $61.7m | $61.7m | $897.0m | $897.0m | |
| Other Current Borrowings | — | — | — | $434k | $2.7m | $2.8m | $296k | |
| Other Current Liabilities | — | — | — | $15.0m | $12.9m | $9.5m | $22.7m | |
| Other Equity Adjustments | — | — | — | ($4.7m) | ($2.5m) | ($1.6m) | ($2.1m) | |
| Other Investments | — | — | — | $6.1m | $1.4m | $1.4m | $1.4m | |
| Other Payable | — | — | — | $82.3m | $63.1m | $46.0m | $70.6m | |
| Other Properties | — | — | — | $10.7m | $11.2m | $9.6m | $6.5m | |
| Properties | — | — | — | $0 | $0 | $0 | $0 | |
| Share Issued | — | — | — | $61.7m | $61.7m | $897.0m | $897.0m | |
| Tangible Book Value | — | — | — | $334.1m | $357.9m | $341.3m | $244.6m | |
| Working Capital | — | — | — | $231.3m | $240.6m | $135.8m | $10.1m | |
| Total non-current assets | $222.4m | $60.6m | $377.9m | $336.4m | $332.5m | $394.2m | $393.5m | |
| Total non-current liabilities | $37.3m | $9.4m | $52.9m | $70.1m | $67.9m | $69.3m | $54.0m | |
| Total Quhuo Limited shareholders’ equity | ($779.3m) | $85.3m | $470.9m | $501.2m | $506.2m | $464.7m | $354.8m | |
| Total shareholders’ equity | ($776.4m) | $92.4m | $483.4m | $497.6m | $505.3m | $460.6m | $349.6m | |
| Total Capitalization | — | — | — | $502.5m | $513.7m | $469.4m | $354.8m | |
| Total Debt | — | — | — | $71.1m | $105.5m | $122.0m | $115.0m | |
| Total Tax Payable | — | — | — | $25.5m | $28.3m | $16.4m | $16.5m | |
| Assets | $743.9m | $173.3m | $179.7m | $153.1m | $145.3m | $118.8m | $114.2m | |
| Total assets | $743.9m | $173.3m | $1.1b | $1.1b | $1.0b | $867.0m | $798.4m | |
| LIABILITIES AND EQUITY | ||||||||
| Current liabilities: | ||||||||
| Operating Lease, Liability, Current | $0 | $2.7m | $834k | $475k | $550k | $386k | $198k | |
| Accounts Payable, Current | $232.3m | $41.2m | $52.4m | $42.5m | $35.8m | $20.0m | $23.1m | |
| Operating Lease, Liability, Noncurrent | $0 | $2.2m | $223k | $160k | $202k | $224k | $21k | |
| Long-term Debt, Current Maturities | $8.0m | $1.2m | $693k | $63k | $385k | $387k | — | |
| Long-term Debt, Excluding Current Maturities | $11.9m | $787k | $0 | $189k | $1.1m | $645k | — | |
| Short-term debt | $144.0m | $11.3m | $148.4m | $65.4m | $92.7m | $112.8m | $113.4m | |
| Current Deferred Revenue | — | — | — | $3.2m | $3.8m | $2.3m | $3.0m | |
| Payables And Accrued Expenses | — | — | — | $401.0m | $345.6m | $209.6m | $254.2m | |
| Liabilities, Current | $452.1m | $71.5m | $95.6m | $70.7m | $64.6m | $46.2m | $56.4m | |
| Total current liabilities | $452.1m | $71.5m | $609.1m | $487.9m | $458.8m | $337.1m | $394.7m | |
| Deferred Income Tax Liabilities, Net | $2.6m | $111k | $118k | $118k | $660k | $82k | — | |
| Other Liabilities, Noncurrent | $22.8m | $6.3m | $8.0m | $9.7m | $7.6m | $8.6m | $7.7m | |
| Long-term Debt | $11.9m | $787k | $0 | $189k | $1.1m | $645k | $42k | |
| Deferred tax liabilities | $2.6m | $727k | $753k | $814k | $4.7m | $599k | $256k | |
| Long Term Debt And Capital Lease Obligation | — | — | — | $2.4m | $9.0m | $6.3m | $144k | |
| Non Current Deferred Taxes Liabilities | — | — | — | $814k | $4.7m | $599k | $256k | |
| Deferred Tax Liabilities, Net | $2.6m | $1.8m | $594k | $440k | $320k | — | — | |
| Liabilities | $489.3m | $80.9m | $103.9m | $80.9m | $74.2m | $55.7m | $64.2m | |
| Total liabilities | $489.3m | $80.9m | $661.9m | $558.0m | $526.7m | $406.4m | $448.8m | |
| Stockholders’ equity: | ||||||||
| Common Stock, Value, Issued | $17k | $6k | $6k | $6k | $6k | $84k | $372k | |
| Additional Paid in Capital | $434.2m | $272.8m | $291.2m | $273.4m | $265.5m | $252.0m | $1.9b | |
| Retained Earnings (Accumulated Deficit) | ($1.2b) | ($185.3m) | ($214.5m) | ($200.1m) | ($193.9m) | ($188.2m) | ($217.8m) | |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | ($1.2m) | ($2.3m) | ($2.9m) | ($675k) | ($347k) | ($212k) | ($306k) | |
| Additional Paid in Capital, Common Stock | — | — | — | — | — | — | $268.5m | |
| Accumulated deficit | ($1.2b) | ($185.3m) | ($1.4b) | ($1.4b) | ($1.4b) | ($1.4b) | ($1.5b) | |
| Accumulated other comprehensive loss | ($1.2m) | ($2.3m) | ($18.3m) | ($4.7m) | ($2.5m) | ($1.6m) | ($2.1m) | |
| Capital Stock | — | — | — | $43k | $43k | $615k | $2.6m | |
| Gains Losses Not Affecting Retained Earnings | — | — | — | ($4.7m) | ($2.5m) | ($1.6m) | ($2.1m) | |
| Stockholders' Equity Attributable to Parent | ($779.3m) | $85.3m | $73.9m | $72.7m | $71.3m | $63.7m | $50.7m | |
| Stockholders' Equity Attributable to Noncontrolling Interest | $2.9m | $7.1m | $2.0m | ($520k) | ($128k) | ($563k) | ($737k) | |
| Minority Interest | — | — | — | ($3.6m) | ($911k) | ($4.1m) | ($5.2m) | |
| Total Equity Gross Minority Interest | — | — | — | $497.6m | $505.3m | $460.6m | $349.6m | |
| Total Non Current Liabilities Net Minority Interest | — | — | — | $70.1m | $67.9m | $69.3m | $54.0m | |
| Liabilities and Equity | $743.9m | $173.3m | $179.7m | $153.1m | $145.3m | $118.8m | $114.2m | |
| Total liabilities and shareholders’ equity | $743.9m | $173.3m | $1.1b | $1.1b | $1.0b | $867.0m | $798.4m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.