Quhuo Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017
Revenue	3,702	3,820	4,025	2,581	2,056	1,474	654.8
Revenue Growth (YoY)	-3.09%	-5.09%	55.97%	25.54%	39.43%	125.18%	-
Cost of Revenue	3,536	3,568	3,850	2,388	1,894	1,358	626.19
Gross Profit	166.61	252.69	175.6	192.51	162.28	116.64	28.61
Selling, General & Admin	184.34	213.59	240.75	202.96	161.16	161.84	46.82
Research & Development	12.38	12.54	20.12	13.1	9.73	6.7	3.22
Other Operating Expenses	-22.32	-9.09	54.54	-2.91	3.84	0	0
Operating Expenses	174.4	217.04	315.41	213.15	174.73	168.54	50.04
Operating Income	-7.79	35.65	-139.81	-20.64	-12.45	-51.9	-21.43
Interest Expense / Income	4.88	5.68	7.03	8.07	6.09	3.91	1.36
Other Expense / Income	-15.08	22.09	-0.96	-57.57	-28.36	-17.18	-9.23
Pretax Income	2.41	7.87	-145.88	28.86	9.82	-38.64	-13.56
Income Tax	-0.93	21	12.03	25.43	21.58	3.98	0.41
Net Income	3.33	-13.13	-157.91	3.43	-11.77	-42.61	-13.97
Shares Outstanding (Basic)	56	56	44	28	15	15	15
Shares Outstanding (Diluted)	56	56	44	49	15	15	15
Shares Change	-0.84%	27.54%	-9.49%	224.04%	-	-	-
EPS (Basic)	0.60	-2.30	-36.00	0.80	-7.90	-28.50	-9.30
EPS (Diluted)	0.60	-2.30	-36.00	0.70	-7.90	-28.50	-9.30
Free Cash Flow	-130.11	61.98	-111.63	-51.28	-22	-15.69	-50.26
Free Cash Flow Per Share	-23.43	11.06	-25.42	-18.13	-14.69	-10.48	-33.57
Gross Margin	4.50%	6.61%	4.36%	7.46%	7.89%	7.91%	4.37%
Operating Margin	-0.21%	0.93%	-3.47%	-0.80%	-0.61%	-3.52%	-3.27%
Profit Margin	0.09%	-0.34%	-3.92%	0.13%	-0.57%	-2.89%	-2.13%
Free Cash Flow Margin	-3.51%	1.62%	-2.77%	-1.99%	-1.07%	-1.06%	-7.68%
Effective Tax Rate	-38.51%	266.79%	-	88.11%	219.87%	-	-
EBITDA	33.04	42.16	-108.34	56.93	30.02	-24.59	-9.73
EBITDA Margin	0.89%	1.10%	-2.69%	2.21%	1.46%	-1.67%	-1.49%
Depreciation & Amortization	25.75	28.61	30.51	20.01	14.11	10.13	2.47
EBIT	7.29	13.56	-138.85	36.93	15.91	-34.72	-12.2
EBIT Margin	0.20%	0.35%	-3.45%	1.43%	0.77%	-2.35%	-1.86%

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).