HUIZ Nasdaq Insurance Agents, Brokers & Service Financials FY2017βFY2025
Huize Holding Ltd had $220M of revenue in fiscal 2025, up 26.8% on the year before. Over five years, revenue changed +4.5% a year on average.
Hi! I read Huize Holding Ltdβs latest annual report (fiscal 2025). Here is what stands out:
Good So-so Weak
Are sales growing?
+26.8%
Yes. Sales grew 26.8% last year.
Does it make a profit?
0.3%
A little. It keeps 0.3% of every sale as profit.
Does profit turn into cash?
0.6%
Partly. 0.6% of sales ends up as free cash.
Is debt under control?
Net cash
Yes. It has more cash than debt.
How healthy are the accounts?
5 / 9
Mixed. It passes 5 of 9 health tests.
Rules of thumb on reported numbers. A starting point, not a recommendation.
Is it selling more, and how much does it keep?
In plain words: Every quarter, companies publish how much they sold and earned. These are the days Huize Holding Ltd did it, and the next one. Share prices often move a lot on those days.
Next results
April 23, 2027
Friday Β· in 179 days
Estimated from the same quarter last year. It will be replaced by the announced date once there is one.
See who else reports that week β| Date | Results for | Time | Source |
|---|---|---|---|
| Apr 24, 2026 | Period ended Dec 31, 2025 | Before the market opens | 20-F β |
| Apr 23, 2025 | Period ended Dec 31, 2024 | After the market closes | 20-F β |
| Apr 19, 2024 | Period ended Dec 31, 2023 | Before the market opens | 20-F β |
| Apr 19, 2023 | Period ended Dec 31, 2022 | Before the market opens | 20-F β |
| Apr 27, 2022 | Period ended Dec 31, 2021 | Before the market opens | 20-F β |
| Mar 22, 2021 | Period ended Dec 31, 2020 | Before the market opens | 20-F β |
| Apr 24, 2020 | Period ended Dec 31, 2019 | Before the market opens | 20-F β |
From SEC filings: the results press release (8-K) or, without one, the quarterly or annual report.
KIRA Β· Huize Holding Ltd had $220M of revenue in fiscal 2025, up 26.8% on the year before. Over five years, revenue changed +4.5% a year on average. Its operating margin was 0.4%, up 2.1Β pts: of every 100 in sales, about 0 is left after running the business.
In plain words: Revenue is all the money customers paid. The margins show how many cents of each dollar of sales are left over at each step: after making the product (gross), after running the business (operating) and after everything, tax included (net).
Revenue
Margins, % of revenue
KIRA Β· Huize Holding Ltd made $0.6M of net profit in fiscal 2025.
Loss periods are shown in red.
In plain words: Net income is the profit left after every cost and tax. Earnings per share (EPS) splits that profit across every share, so it shows what one share earned.
Net income
Diluted EPS
How much cash comes in, and where does it go?
KIRA Β· Free cash flow was $1.3M in fiscal 2025, 0.6% of revenue.
Cash from operations minus capital spending.
In plain words: Profit on paper is not the same as cash in the bank. Free cash flow is the cash left after paying to run and maintain the business: the money it can hand back to shareholders, save or invest.
Free cash flow
Cash from operations vs capital spending
KIRA Β· Huize Holding Ltd returned $0.0M to shareholders in fiscal 2025, 0% of free cash flow. The diluted share count rose 1.2%.
In plain words: Companies hand cash back in two ways: dividends (cash paid to shareholders) and buybacks (buying back their own shares, so each remaining share owns a bigger slice).
Dividends and buybacks
Diluted shares outstanding (annual)
KIRA Β· In the last 12 months, insiders bought $0.1M of shares on the open market and sold none.
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. βPlanβ marks trades under a pre-arranged Rule 10b5-1 plan.
In plain words: Insiders are the people who run or own a big part of the company. Buying with their own money can signal confidence; selling often has personal reasons, like taxes or diversifying.
Bought, 12 months
$0.1M
1 insider
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
β
$0.0M
| Date | Insider | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Apr 16, 2026 | Cunjun MaChief Executive Officer, Director, 10% owner | Bought | 10,000 | $1.69 | $0.0M | Form 4 |
| Apr 10, 2026 | Cunjun MaChief Executive Officer, Director, 10% owner | Bought | 5,000 | $1.50 | $0.0M | Form 4 |
| Apr 9, 2026 | Cunjun MaChief Executive Officer, Director, 10% owner | Bought | 100 | $1.45 | $0.0M | Form 4 |
| Apr 8, 2026 | Cunjun MaChief Executive Officer, Director, 10% owner | Bought | 339 | $1.42 | $0.0M | Form 4 |
| Apr 3, 2026 | Cunjun MaChief Executive Officer, Director, 10% owner | Bought | 179 | $1.39 | $0.0M | Form 4 |
| Apr 2, 2026 | Cunjun MaChief Executive Officer, Director, 10% owner | Bought | 6,000 | $1.42 | $0.0M | Form 4 |
| Apr 1, 2026 | Cunjun MaChief Executive Officer, Director, 10% owner | Bought | 7,839,032 | $0.01 | $0.1M | Form 4 |
| Mar 30, 2026 | Cunjun MaChief Executive Officer, Director, 10% owner | Bought | 3,000 | $1.41 | $0.0M | Form 4 |
Can it carry its debts, and how well does it use its money?
KIRA Β· Huize Holding Ltd has $27.7M more cash than debt.
Cash, debt and the ratios that show how comfortably Huize Holding Ltd can carry it.
In plain words: What the company owns and what it owes. More cash than debt is a cushion for bad times; a lot of debt leaves less room when business slows down.
Cash vs debt (incl. leases)
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $60.0M | $40.2M | $36.3M | $32.6M | $36.2M |
| Debt incl. finance leases | $44.6M | $24.6M | $4.2M | $6.8M | $8.6M |
| Net debt / EBITDA | β | β | β3.5x | β | β9.7x |
| Debt / equity | 0.8x | 0.5x | 0.1x | 0.1x | 0.1x |
| Current ratio | 1.2x | 1.3x | 1.5x | 1.4x | 1.4x |
| Quick ratio | 1.2x | 1.3x | 1.5x | 1.4x | 1.4x |
| Total assets | $292M | $158M | $133M | $121M | $134M |
| Total liabilities | $236M | $108M | $75.5M | $62.3M | $72.3M |
| Shareholders' equity | $56.7M | $49.4M | $57.0M | $56.0M | $58.7M |
| Net debt (β = net cash) | β$15.4M | β$15.5M | β$32.1M | β$25.8M | β$27.7M |
KIRA Β· Its return on capital was 2.4%: every 100 invested in the business earned about 2 in a year.
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
In plain words: How much profit the business makes on the money put into it. A higher percentage means each dollar invested works harder.
Return on capital, equity and assets (annual)
KIRA Β· Huize Holding Ltd passes 5 of 9 financial health tests (Piotroski F-score).
Nine pass/fail tests of profitability, funding and efficiency. 8β9 is strong, 0β2 weak.
In plain words: Nine yes/no tests of financial health, one point each. A green tick is a pass: 7 to 9 points is solid, 0 to 3 is weak.
| Test | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|
| Net income is positive | β | β | β | β | β | β | β | β | β |
| Cash from operations is positive | β | β | β | β | β | β | β | β | β |
| Return on assets rose | β | β | β | β | β | β | β | β | β |
| Cash from operations exceeds net income | β | β | β | β | β | β | β | β | β |
| Debt fell relative to assets | β | β | β | β | β | β | β | β | β |
| Current ratio rose | β | β | β | β | β | β | β | β | β |
| Share count didn't rise | β | β | β | β | β | β | β | β | β |
| Gross margin rose | β | β | β | β | β | β | β | β | β |
| Revenue rose relative to assets | β | β | β | β | β | β | β | β | β |
| F-score | β / 3 | β / 5 | 7 / 9 | 4 / 9 | 1 / 9 | 3 / 9 | 8 / 9 | 2 / 9 | 5 / 9 |
| Accruals ratio | β | β19.8% | β24.5% | β16.3% | 4.3% | 3.6% | β6.5% | 2.0% | β1.5% |
| Altman Z'' | β | β4.25 | β1.98 | 1.71 | β0.33 | β0.23 | 1.04 | 0.45 | 0.72 |
Every number, year by year.
Amounts in USD. Hover a ratioβs name for its definition.
In plain words: Every number we have, year by year. Download it as a spreadsheet if you want to dig deeper.
| Fiscal year | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Revenue | $39.0M | $76.9M | $144M | $177M | $348M | $172M | $169M | $174M | $220M |
| Net interest income | $0.1M | β$0.1M | β$0.0M | β$0.2M | β$0.5M | β$0.8M | $0.4M | $0.6M | $0.6M |
| Gross profit | $14.6M | $29.1M | $52.6M | $58.9M | $86.3M | $82.0M | $77.4M | $62.8M | $67.4M |
| Research and development | $7.4M | $3.8M | $4.9M | $7.1M | $18.7M | $12.0M | $10.1M | $8.7M | $8.2M |
| Operating income | β$14.8M | $3.7M | $0.2M | β$3.8M | β$17.7M | β$6.5M | $7.2M | β$2.9M | $0.9M |
| Pretax income | β$14.3M | $0.5M | $2.2M | β$2.4M | β$16.7M | β$5.0M | β$10.0M | $0.1M | β$1.5M |
| Income tax | $0.1M | $0.0M | $0.0M | $0.3M | $0.0M | $0.0M | $0.0M | $0.0M | $1.0M |
| Net income | β$14.4M | $0.5M | $2.2M | β$2.7M | β$16.7M | β$4.6M | $9.9M | β$0.1M | $0.6M |
| Net income to common | β$11.2M | β$4.2M | β$3.7M | β$3.1M | β$16.7M | β$4.6M | $9.9M | β$0.1M | $0.6M |
| Diluted EPS | β$2.52 | β$0.91 | β$0.87 | β$0.29 | β$1.71 | β$0.45 | $0.99 | $0.00 | $0.00 |
| Diluted shares | 0.00B | 0.00B | 0.00B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B |
| Cash flow | |||||||||
| Cash from operations | β$12.6M | $10.1M | $17.1M | $19.9M | β$27.3M | β$12.6M | $19.4M | β$2.6M | $2.5M |
| Capital expenditure | $0.4M | $0.2M | $0.9M | $1.2M | $5.9M | $2.5M | $4.3M | $0.6M | $1.1M |
| Free cash flow | β$13.0M | $9.9M | $16.2M | $18.8M | β$33.2M | β$15.1M | $15.1M | β$3.2M | $1.3M |
| Depreciation and amortization | $0.5M | $0.5M | $0.5M | $0.7M | $1.2M | $2.7M | $1.9M | $1.6M | $1.9M |
| Stock-based compensation | $0.1M | $0.1M | $13.7M | $5.2M | $1.8M | $1.2M | $0.1M | $1.3M | $2.6M |
| Acquisitions | β | β | β | $0.1M | $2.2M | $3.9M | $0.3M | $1.1M | $0.1M |
| Share buybacks | β | β | β | $0.3M | $0.5M | $1.0M | $1.9M | $0.0M | $0.0M |
| Dividends and buybacks | β | β | β | $0.3M | $0.5M | $1.0M | $1.9M | $0.0M | $0.0M |
| Balance sheet | |||||||||
| Cash and short-term investments | $6.2M | $1.0M | $12.7M | $61.9M | $60.0M | $40.2M | $36.3M | $32.6M | $36.2M |
| Total debt | β | $7.5M | $6.3M | $13.3M | $44.6M | $24.6M | $4.2M | $6.8M | $8.6M |
| Current assets | β | $43.8M | $66.3M | $154M | $224M | $109M | $85.4M | $82.1M | $94.1M |
| Current liabilities | β | $40.9M | $52.0M | $85.1M | $192M | $81.0M | $55.6M | $56.9M | $65.5M |
| Property and equipment, net | β | $0.9M | $1.2M | $1.6M | $7.6M | $5.6M | $7.6M | $6.5M | $5.5M |
| Goodwill | β | β | β | $0.1M | $0.1M | $0.1M | $0.1M | $2.0M | $2.0M |
| Intangible assets | β | $0.2M | $0.2M | $0.3M | $3.4M | $7.8M | $7.1M | $9.4M | $9.4M |
| Total assets | β | $48.6M | $73.1M | $204M | $292M | $158M | $133M | $121M | $134M |
| Total liabilities | β | $43.3M | $52.1M | $133M | $236M | $108M | $75.5M | $62.3M | $72.3M |
| Shareholders' equity | β$59.2M | β$56.1M | β$44.3M | $71.7M | $56.7M | $49.4M | $57.0M | $56.0M | $58.7M |
| Margins | |||||||||
| Gross margin | 37.4% | 37.8% | 36.6% | 33.3% | 24.8% | 47.7% | 45.9% | 36.2% | 30.6% |
| Operating margin | β38.1% | 4.9% | 0.2% | β2.1% | β5.1% | β3.8% | 4.3% | β1.7% | 0.4% |
| EBITDA margin | β36.7% | 5.5% | 0.5% | β1.7% | β4.8% | β2.2% | 5.4% | β0.8% | 1.3% |
| Net margin | β36.9% | 0.6% | 1.5% | β1.5% | β4.8% | β2.7% | 5.9% | β0.1% | 0.3% |
| FCF margin | β33.4% | 12.9% | 11.3% | 10.6% | β9.5% | β8.8% | 8.9% | β1.9% | 0.6% |
| Net interest share of revenue | 0.2% | β0.2% | β0.0% | β0.1% | β0.1% | β0.4% | 0.2% | 0.3% | 0.3% |
| Returns | |||||||||
| Return on capital | β | β | β | β12.8% | β33.9% | β15.1% | 22.8% | β8.1% | 2.4% |
| Return on capital employed | β | 48.7% | 1.1% | β3.1% | β17.7% | β8.4% | 9.3% | β4.5% | 1.4% |
| Return on equity | β | β | β | β19.4% | β26.0% | β8.7% | 18.6% | β0.2% | 1.0% |
| Return on assets | β | 1.0% | 3.5% | β1.9% | β6.7% | β2.1% | 6.8% | β0.1% | 0.4% |
| Return on tangible equity | β | β | β | β4.4% | β31.4% | β11.1% | 19.9% | β0.2% | 1.2% |
| Growth | |||||||||
| Revenue growth | β | 97.3% | 86.9% | 23.0% | 96.9% | β50.6% | β1.9% | 2.8% | 26.8% |
| Net income growth | β | β | 352.8% | β222.9% | β | β | β | β100.9% | β |
| EPS growth | β | β | β | β | β | β | β | β100.0% | β |
| FCF growth | β | β | 63.2% | 15.7% | β276.9% | β | β | β121.4% | β |
| Share count change | β | 0.0% | 1.6% | 113.0% | 6.0% | 0.0% | β2.1% | β0.4% | 1.2% |
| Financial health | |||||||||
| Net debt / EBITDA | β | 1.5x | β8.1x | β | β | β | β3.5x | β | β9.7x |
| Debt / equity | β | β | β | 0.2x | 0.8x | 0.5x | 0.1x | 0.1x | 0.1x |
| Current ratio | β | 1.1x | 1.3x | 1.8x | 1.2x | 1.3x | 1.5x | 1.4x | 1.4x |
| Quick ratio | β | 1.1x | 1.3x | 1.8x | 1.2x | 1.3x | 1.5x | 1.4x | 1.4x |
| Capital allocation | |||||||||
| Capex / revenue | 1.0% | 0.2% | 0.6% | 0.7% | 1.7% | 1.5% | 2.6% | 0.3% | 0.5% |
| Stock comp / revenue | 0.3% | 0.2% | 9.6% | 2.9% | 0.5% | 0.7% | 0.0% | 0.7% | 1.2% |
| Payouts / FCF | β | β | β | 1.6% | β | β | 12.5% | β | 0.0% |
| Quality scores | |||||||||
| Piotroski F-score | β | β | 7.0 | 4.0 | 1.0 | 3.0 | 8.0 | 2.0 | 5.0 |
| Altman Z'' | β | β4.2 | β2.0 | 1.7 | β0.3 | β0.2 | 1.0 | 0.5 | 0.7 |
| Accruals ratio | β | β19.8% | β24.5% | β16.3% | 4.3% | 3.6% | β6.5% | 2.0% | β1.5% |
Source: SEC EDGAR XBRL filings (CIK 0001778982). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. Filed in CNY under US GAAP and converted to US$: income and cash-flow lines at each period's average exchange rate, balance-sheet lines at the period-end rate. Per-share figures are per US-listed share (1 ADS = 100 ordinary shares). For information only β not investment advice. Check the original filings before relying on any figure.
