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Huize Holding Limited, together with its subsidiaries, offers online insurance product and service platforms through various internet channels in Mainland China, Hong Kong, and internationally. The company offers life and health insurance products comprising term and whole life, annuity, critical illness, reimbursement-based, and illness and disease insurance. It also provides property and casualty insurance products consisting of travel, individual casualty, and corporate liability insurance products; commercial property insurance; and cargo insurance, including logistics liability, international freight forwarder liability, and international cargo bill of lading liability insurance. In addition, the company offers offline insurance intermediary services; digital and technology development services; insurance brokerage and agency services; and investment and investment consulting services. Huize Holding Limited was founded in 2006 and is headquartered in Shenzhen, China.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Huize Holding Ltd operates a digital insurance distribution platform in China that connects consumers and agents with life and health insurance products; long-term growth may benefit from rising insurance penetration, broader online adoption of financial services and expansion of partnerships. Investors may find it attractive for its scale in digital distribution and customer acquisition capabilities, which could support revenue expansion as the market matures.
Key investment risks include material regulatory and policy changes affecting insurance distribution and online platforms in China, intense competition from insurers and InsurTechs, reliance on third-party carriers and distribution partners, and execution challenges in achieving sustainable profitability.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | 10.44M | 0.70M | 70.55M | -31.54M | -110.38M |
| Minority interest | 0.50M | -1.22M | -0.27M | 2.55M | 0.05M |
| Net income | 3.93M | -0.65M | 70.19M | -13.99M | -83.13M |
| Selling general administrative | 136.35M | 146.77M | 116.53M | 154.72M | 197.62M |
| Selling and marketing expenses | 220.28M | 192.43M | 204.26M | 231.66M | 350.57M |
| Gross profit | 416.69M | 380.63M | 466.48M | 423.62M | 554.26M |
| Reconciled depreciation | 23.03M | 36.27M | 39.32M | 46.22M | 40.37M |
| Ebit | 6.65M | -20.96M | 51.04M | -43.67M | -114.41M |
| Ebitda | 29.68M | 15.31M | 64.68M | -24.18M | -101.78M |
| Depreciation and amortization | 23.03M | 36.27M | 13.64M | 19.49M | 12.63M |
| Operating income | 6.47M | -20.96M | 51.04M | -43.67M | -114.41M |
| Other operating expenses | 1532.66M | 1269.87M | 1144.51M | 1201.58M | 2359.43M |
| Interest expense | - | - | 0.63M | 5.06M | 3.21M |
| Tax provision | 7.19M | 0.14M | 0.00M | 0.00M | 0.00M |
| Interest income | 4.05M | 4.14M | 2.79M | - | - |
| Net interest income | 4.05M | 4.14M | -1.34M | -5.06M | -3.21M |
| Income tax expense | 7.00M | 0.14M | -0.42M | -17.55M | -27.24M |
| Total revenue | 1539.13M | 1248.91M | 1195.55M | 1157.91M | 2245.02M |
| Total operating expenses | 410.22M | 401.58M | 415.44M | 467.29M | 668.67M |
| Cost of revenue | 1122.44M | 868.29M | 729.07M | 734.29M | 1690.76M |
| Total other income expense net | 3.97M | 21.66M | 19.52M | 12.13M | 4.03M |
| Net income from continuing ops | 3.54M | 0.57M | 60.64M | -33.74M | -107.72M |
| Net income applicable to common shares | - | - | - | -31.19M | -107.67M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 938.76M | 884.20M | 947.01M | 1089.61M | 1857.45M |
| Intangible assets | 66.01M | 68.84M | 50.74M | 53.50M | 21.63M |
| Other current assets | 39.68M | 91.19M | 128.32M | 291.77M | 1.94M |
| Total liab | 506.64M | 454.95M | 536.59M | 747.59M | 1496.54M |
| Total stockholder equity | 411.49M | 408.74M | 405.15M | 340.88M | 360.06M |
| Other current liab | -236.20M | 78.53M | 132.03M | 132.69M | 303.04M |
| Common stock | 0.07M | 0.07M | 0.07M | 0.07M | 0.07M |
| Capital stock | 0.07M | 0.07M | 0.07M | 0.07M | 0.07M |
| Retained earnings | -455.13M | -458.89M | -458.24M | -531.13M | -499.94M |
| Other liab | - | - | - | - | 5.12M |
| Good will | 14.07M | 14.54M | 0.46M | 0.46M | 0.46M |
| Other assets | - | - | - | 6.91M | 45.40M |
| Cash | 302.49M | 233.21M | 249.26M | 277.17M | 381.16M |
| Total current liabilities | 70.32M | 415.35M | 395.04M | 559.07M | 1222.24M |
| Current deferred revenue | - | - | 4.16M | 4.03M | 7.24M |
| Net debt | -210.20M | -142.38M | -73.01M | 58.94M | 119.62M |
| Short term debt | 70.28M | 66.74M | 46.95M | 160.07M | 231.60M |
| Short long term debt | 53.00M | 50.00M | 30.00M | 150.00M | 216.71M |
| Short long term debt total | 92.29M | 90.83M | 176.25M | 336.11M | 500.78M |
| Other stockholder equity | 881.26M | 880.42M | 877.38M | 889.63M | 887.23M |
| Property plant equipment | - | - | - | - | 296.28M |
| Total current assets | 658.98M | 599.01M | 606.46M | 750.74M | 1420.68M |
| Long term investments | 65.01M | 66.72M | 76.69M | 77.31M | 73.00M |
| Net tangible assets | - | - | - | 286.92M | 337.98M |
| Short term investments | 2.94M | 5.00M | 8.88M | - | - |
| Net receivables | 313.88M | 269.61M | 299.87M | 374.65M | 856.12M |
| Long term debt | 6.99M | - | - | - | 20.00M |
| Inventory | - | - | 0.00M | -192.85M | 181.47M |
| Accounts payable | 236.25M | 258.10M | 211.91M | 262.27M | 680.37M |
| Accumulated other comprehensive income | -14.70M | -12.86M | -14.06M | -17.70M | -27.30M |
| Non currrent assets other | 46.66M | 67.30M | 30.11M | 6.91M | 44.80M |
| Non current assets total | 279.18M | 285.19M | 340.55M | 338.88M | 436.77M |
| Capital lease obligations | 32.24M | 40.83M | 146.25M | 186.11M | 264.07M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | -16.71M | -3.24M | -61.02M | -56.29M | -80.93M |
| Change to liabilities | - | - | - | -431.78M | 0.00M |
| Total cashflows from investing activities | -11.92M | -3.24M | -61.02M | -56.29M | -56.29M |
| Net borrowings | 9.99M | 19.59M | -124.47M | -97.32M | -97.32M |
| Total cash from financing activities | 4.12M | 23.21M | -133.56M | -101.13M | 141.89M |
| Change to operating activities | - | - | - | -161.56M | -161.56M |
| Net income | 3.54M | 0.57M | 70.19M | -33.74M | -107.72M |
| Change in cash | 7.01M | 3.20M | -54.31M | -232.90M | -119.96M |
| Begin period cash flow | 324.97M | 321.77M | 376.08M | 608.98M | 728.95M |
| End period cash flow | 331.98M | 324.97M | 321.77M | 376.08M | 608.98M |
| Total cash from operating activities | 17.88M | -18.93M | 137.35M | -85.07M | -175.92M |
| Issuance of capital stock | - | - | - | 0.00M | 0.00M |
| Depreciation | 23.03M | 36.27M | 39.32M | 46.22M | 40.37M |
| Other cashflows from investing activities | -3.32M | -5.71M | -18.96M | -8.89M | -8.89M |
| Change to inventory | - | - | - | - | -49.01M |
| Change to account receivables | -51.10M | -25.94M | 77.42M | 531.00M | -545.68M |
| Sale purchase of stock | 0.00M | -0.08M | -13.39M | -6.66M | -3.00M |
| Other cashflows from financing activities | -6.15M | 3.70M | 4.31M | 273.05M | 185.40M |
| Change to netincome | - | - | - | 38.67M | 51.43M |
| Capital expenditures | 8.25M | 4.28M | 30.52M | 16.82M | 38.06M |
| Change in working capital | -37.67M | -50.40M | 27.19M | -118.87M | -134.90M |
| Stock based compensation | 18.52M | 9.02M | 0.46M | 8.16M | 11.36M |
| Other non cash items | 9.64M | -14.38M | 0.19M | 13.16M | 11.00M |
| Free cash flow | 9.63M | -23.21M | 106.83M | -101.89M | -213.98M |
Sector: Financial Services Industry: Insurance Brokers
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| HUIZ Huize Holding Ltd |
0.05 2.21% |
2.31 | 5.41 | - | 0.01 | 0.25 | 0.08 | 103.64 |
| MRSH Marsh & McLennan Companies, Inc. |
6.75 3.31% |
210.38 | 22.03 | 15.87 | 3.07 | 5.67 | 3.82 | 14.80 |
| AON Aon PLC |
- -% |
344.67 | 19.50 | 17.61 | 4.19 | 7.68 | 4.95 | 13.01 |
| AJG Arthur J Gallagher & Co |
14.93 5.46% |
288.38 | 41.13 | 17.09 | 4.21 | 2.74 | 4.93 | 19.58 |
| WTW Willis Towers Watson PLC |
9.71 2.96% |
337.37 | 19.92 | 14.56 | 2.96 | 3.91 | 3.52 | 13.08 |
Huize Holding Limited, together with its subsidiaries, offers online insurance product and service platforms through various internet channels in Mainland China, Hong Kong, and internationally. The company offers life and health insurance products comprising term and whole life, annuity, critical illness, reimbursement-based, and illness and disease insurance. It also provides property and casualty insurance products consisting of travel, individual casualty, and corporate liability insurance products; commercial property insurance; and cargo insurance, including logistics liability, international freight forwarder liability, and international cargo bill of lading liability insurance. In addition, the company offers offline insurance intermediary services; digital and technology development services; insurance brokerage and agency services; and investment and investment consulting services. Huize Holding Limited was founded in 2006 and is headquartered in Shenzhen, China.
| Name | Title | Year Born |
|---|---|---|
| Mr. Cunjun Ma | Founder, Chairman & CEO | 1972 |
| Ms. Xuchun Luo | Sec. of the Board of Directors & Director | 1970 |
| Mr. Minghan Xiao | Co-Chief Financial Officer | 1974 |
| Mr. Kwok Ho Tam | Co-Chief Financial Officer | 1982 |
| Dr. Kai Ouyang | Chief Technology Officer | 1978 |
| Mr. Yongsheng Wang | Chief HR Officer | 1974 |
| Mr. Haosheng Song | Chief Content Officer | 1983 |
| Harriet Hu | Investor Relations Director | NA |
| Ms. Xuchun Luo | Secretary of the Board of Directors & Director | 1970 |
| Ms. Hong Zhu | General Counsel | 1983 |
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