HUIZ

MKT CAP:$853644

Huize Holding Limited

Market Cap

$853644

Financial Services·Insurance - Brokers·🇨🇳 China·NASDAQ

Financials·Insurance·🇨🇳·NASDAQ

Stock Price

$1.67-$1.03 (-38.15%)

Apr 21, 2026

Company Details

Huize Holding Limited, together with its subsidiaries, offers insurance brokerage services in the People's Republic of China. The company provides life and health insurance products, such as critical illness, illness and disease, and term a...

CEO

Cunjun Ma

IPO Date

Feb 12, 2020

Website

www.huize.com

Key Metrics TTM

Revenue

$195M

+19.1% YoY

Net Income

$3M

EPS (Diluted)

$5.23

Free Cash Flow

$0

Revenue / Share

$387.05

Gross Margin

28.8%

Operating Margin

0.1%

Net Margin

1.4%

FCF Margin

0.0%

P/S

0.0x

P/E

0.3x

Earnings Reports

FY 2025

Dec 30, 2025

$225MEPS $1.14

Q2 2025

Sep 12, 2025

$58M+40.2%EPS $3.16

Q1 2025

Jun 9, 2025

$41M-8.5%EPS -$2.48

Q4 2024

Apr 23, 2025

$42M+21.2%EPS -$0.82

Q3 2024

Sep 30, 2024

$54M+26.4%EPS $5.38

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q3 21	$46M	$12M	-$11M
Q4 21	$143M	$33M	$2M
Q1 22	$44M	$22M	$2M
Q2 22	$36M	$11M	-$6M
Q3 22	$51M	$15M	-$2M
Q4 22	$38M	$14M	-$162.9K
Q1 23	$44M	$17M	$2M
Q2 23	$54M	$18M	$1M
Q3 23	$43M	$15M	$3M
Q4 23	$34M	$15M	$2M
Q1 24	$45M	$13M	$1M
Q2 24	$41M	$13M	-$4M
Q3 24	$54M	$15M	$2M
Q4 24	$42M	$14M	-$3M
Q1 25	$41M	$11M	-$1M
Q2 25	$58M	$16M	$2M

Valuation

Quarter	P/S	P/E
Q3 21	0.1x	—
Q4 21	0.1x	—
Q1 22	0.1x	—
Q2 22	0.1x	—
Q3 22	0.0x	—
Q4 22	0.1x	—
Q1 23	0.1x	—
Q2 23	0.1x	3.9x
Q3 23	0.1x	1.6x
Q4 23	0.1x	1.0x
Q1 24	0.0x	0.9x
Q2 24	0.0x	0.8x
Q3 24	0.0x	0.7x
Q4 24	0.0x	—
Q1 25	0.0x	—
Q2 25	0.0x	0.4x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q3 21	$0	$0
Q4 21	-$26M	-$31M
Q1 22	$0	$0
Q2 22	$0	$0
Q3 22	$0	$0
Q4 22	-$12M	-$15M
Q1 23	$0	$0
Q2 23	$0	$0
Q3 23	$0	$0
Q4 23	$0	$0
Q1 24	$0	$0
Q2 24	$0	$0
Q3 24	$0	$0
Q4 24	$0	$0
Q1 25	$0	$0
Q2 25	$0	$0

Capital Expenditures

Quarter	CapEx
Q3 21	$0
Q4 21	$6M
Q1 22	$0
Q2 22	$0
Q3 22	$0
Q4 22	$2M
Q1 23	$0
Q2 23	$0
Q3 23	$0
Q4 23	$0
Q1 24	$0
Q2 24	$0
Q3 24	$0
Q4 24	$0
Q1 25	$0
Q2 25	$0

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q3 21	-9.6%	+17.4%
Q4 21	+151.6%	+131.0%
Q1 22	-59.3%	-59.7%
Q2 22	+13.5%	-1.4%
Q3 22	+11.7%	-7.3%
Q4 22	-73.5%	-73.0%
Q1 23	-0.2%	+1.0%
Q2 23	+48.3%	+23.2%
Q3 23	-16.9%	-24.8%
Q4 23	-8.7%	-14.3%
Q1 24	+3.8%	+4.7%
Q2 24	-23.2%	-14.2%
Q3 24	+26.4%	+30.0%
Q4 24	+21.2%	+36.3%
Q1 25	-8.5%	-2.7%
Q2 25	+40.2%	+23.8%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q3 21	-$1M	-2.4%
Q4 21	$2M	1.5%
Q1 22	$260.5K	0.6%
Q2 22	$280.5K	0.8%
Q3 22	$108.7K	0.2%
Q4 22	$871.4K	2.3%
Q1 23	$73.6K	0.2%
Q2 23	$714.4K	1.3%
Q3 23	-$246.1K	-0.6%
Q4 23	-$233.8K	-0.7%
Q1 24	$373.8K	0.8%
Q2 24	$2M	3.7%
Q3 24	-$45.7K	-0.1%
Q4 24	$224.6K	0.5%
Q1 25	$344.0K	0.8%
Q2 25	-$478.7K	-0.8%

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q3 21	$4M	$7M	$12M
Q4 21	$7M	$8M	$16M
Q1 22	$3M	$6M	$11M
Q2 22	$4M	$5M	$9M
Q3 22	$2M	$6M	$8M
Q4 22	$3M	$29M	—
Q1 23	$3M	$5M	$8M
Q2 23	$3M	$5M	$8M
Q3 23	$2M	$3M	$7M
Q4 23	$3M	$24M	—
Q1 24	$2M	$3M	$6M
Q2 24	$3M	$7M	$7M
Q3 24	$2M	$5M	$6M
Q4 24	$2M	$6M	$8M
Q1 25	$2M	$3M	$7M
Q2 25	$2M	$4M	$8M

War Chest

Quarter	Cash	Short-term Investments	Total
Q3 21	$57M	$164.4K	$57M
Q4 21	$56M	$0	$56M
Q1 22	$55M	$0	$55M
Q2 22	$43M	$0	$43M
Q3 22	$45M	$0	$45M
Q4 22	$40M	$0	$40M
Q1 23	$34M	$0	$34M
Q2 23	$36M	$0	$36M
Q3 23	$38M	$1M	$39M
Q4 23	$36M	$1M	$38M
Q1 24	$41M	$774.9K	$42M
Q2 24	$35M	$762.9K	$35M
Q3 24	$35M	$998.4K	$36M
Q4 24	$34M	$730.6K	$35M
Q1 25	$29M	$458.4K	$30M
Q2 25	$35M	$468.0K	$35M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q3 21	3M	+0.0%	-0.8%
Q4 21	3M	+0.0%	-0.1%
Q1 22	3M	+0.4%	-1.0%
Q2 22	3M	-0.5%	-0.1%
Q3 22	3M	+0.1%	-0.0%
Q4 22	3M	-0.0%	-0.1%
Q1 23	3M	-0.8%	-1.3%
Q2 23	3M	-0.7%	-1.5%
Q3 23	2M	-0.9%	-2.5%
Q4 23	2M	-0.4%	-2.8%
Q1 24	2M	-0.3%	-2.3%
Q2 24	2M	+0.0%	-1.6%
Q3 24	507K	-79.5%	-79.6%
Q4 24	507K	0.0%	-79.6%
Q1 25	504K	-0.5%	-79.6%
Q2 25	504K	-0.0%	-79.6%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q3 21	—	—
Q4 21	—	—
Q1 22	—	—
Q2 22	—	—
Q3 22	—	—
Q4 22	—	—
Q1 23	—	—
Q2 23	—	—
Q3 23	—	—
Q4 23	$34	1.0M
Q1 24	$45	1.0M
Q2 24	$41	1.0M
Q3 24	$54	1.0M
Q4 24	$42	1.0M
Q1 25	$41	1.0M
Q2 25	$58	1.0M

Revenue / Employee