OverviewSuggest Edit

Huize is a company that provides an online platform for insurance services. It offers travel, property, life, and health insurance as well as claims assistance and other solutions.
TypePublic
Founded2006
HQShenzhen Shi, CN
Websitehuize.com

Latest Updates

Employees (est.) (Sept 2019)1,017(+11%)
Revenue (FY, 2019)$142.7 M(-71%)
Share Price (Mar 2021)$8.9 (+2%)
Cybersecurity ratingCMore

Huize Office Locations

Huize has an office in Shenzhen Shi
Shenzhen Shi, CN (HQ)
Yue Hai Lu & Nan Hai Da Dao, Nanshan Qu
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Huize Financials and Metrics

Huize Revenue

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Huize's revenue was reported to be $142.68 m in FY, 2019
USD

Revenue (FY, 2019)

142.7m

Gross profit (FY, 2019)

(486.8m)

Gross profit margin (FY, 2019), %

(341.2%)

Net income (FY, 2019)

2.2m

EBIT (FY, 2019)

235.0k

Market capitalization (3-Mar-2021)

462.7m

Closing stock price (3-Mar-2021)

8.9

Cash (31-Dec-2019)

88.1m

EV

416.7m
Huize's current market capitalization is $462.7 m.
Annual
CNYFY, 2017FY, 2018FY, 2019

Revenue

263.3m508.8m142.7m

Revenue growth, %

93%

Cost of goods sold

164.8m316.4m629.5m

Gross profit

98.6m192.4m(486.8m)
Quarterly
CNYQ3, 2017Q4, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

67.3m54.6m73.8m108.0m147.9m179.1m251.6m199.9m283.6m

Cost of goods sold

45.2m33.2m42.2m67.3m93.0m114.0m153.9m126.4m189.3m

Gross profit

22.1m21.4m31.6m40.7m54.9m65.1m97.6m73.5m94.3m

Gross profit Margin, %

33%39%43%38%37%36%39%37%33%
Annual
CNYFY, 2017FY, 2018FY, 2019

Cash

12.3m6.6m88.1m

Accounts Receivable

70.7m108.4m180.4m

Prepaid Expenses

15.5m20.6m4.2m

Current Assets

138.4m301.0m461.5m
Quarterly
CNYQ2, 2019Q3, 2019

Cash

44.8m49.6m

Accounts Receivable

116.3m155.0m

Prepaid Expenses

22.7m32.5m

Current Assets

324.4m451.5m
Annual
CNYFY, 2017FY, 2018FY, 2019

Net Income

(97.0m)2.9m2.2m

Depreciation and Amortization

3.6m3.1m3.8m

Accounts Payable

3.4m58.0m7.5m

Cash From Operating Activities

(85.3m)66.9m118.0m
Quarterly
CNYQ2, 2018Q3, 2018Q2, 2019Q3, 2019

Net Income

4.3m7.1m6.4m22.5m

Depreciation and Amortization

1.4m2.2m1.6m2.7m

Accounts Payable

23.0m39.0m8.2m40.6m

Cash From Operating Activities

5.3m7.1m55.2m145.3m
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Huize Acquisitions / Subsidiaries

Company NameDateDeal Size
Hefei Huize Internet Technology Co., Ltd.
Hong Kong Smart Choice Ventures Limited
Huize (Chengdu) Internet Technology Co., Ltd.
Shenzhen Huiye Tianze Investment Holding Co., Ltd.
Shenzhen Huize Insurance Brokerage Co., Ltd.
Shenzhen Huize Shidai Co., Ltd.
Shenzhen Zhixuan Wealth Investment Management Co., Ltd
Smart Choice Ventures Limited
Zhixuan International Management Consulting (Shenzhen) Co., Ltd.

Huize Revenue Breakdown

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Huize revenue breakdown by business segment: 99.0% from Brokerage Income and 1.0% from Other

Huize Cybersecurity Score

Cybersecurity ratingPremium dataset

C

77/100

SecurityScorecard logo

Huize Online and Social Media Presence

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Huize News and Updates

Huize Holding Limited to Report Fourth Quarter 2020 Financial Results on March 10, 2021

SHENZHEN, China, March 04, 2021 (GLOBE NEWSWIRE) -- Huize Holding Limited, (“Huize”, the “Company” or “we”) (NASDAQ: HUIZ), a leading independent online long-term life and health insurance product and service platform for new generation consumers in China, today announced that it plans to release …

Huize Holding Limited Announces Changes to Board of Directors

SHENZHEN, China, Feb. 09, 2021 (GLOBE NEWSWIRE) -- Huize Holding Limited, (“Huize”, the “Company” or “we”) (NASDAQ: HUIZ), a leading independent online long-term life and health insurance product and service platform for new generation consumers in China, today announced the appointment of Mr. Aar…

Huize Preannounces Preliminary Estimated Unaudited Operating Revenue for Fourth Quarter 2020

SHENZHEN, China, Jan. 26, 2021 (GLOBE NEWSWIRE) -- Huize Holding Limited, (“Huize”, the “Company” or “we”) (NASDAQ: HUIZ), a leading independent online long-term life and health insurance product and service platform in China, today announced its preliminary estimated unaudited total operating rev…

Huize Holding Limited Reports Third Quarter 2020 Unaudited Financial Results

SHENZHEN, China, Nov. 19, 2020 (GLOBE NEWSWIRE) -- Huize Holding Limited, (“Huize”, the “Company” or “we”) (NASDAQ: HUIZ), a leading independent online insurance product and service platform in China, today announced its unaudited financial results for the three months ended September 30, 2020.

Huize Holding Limited to Report Third Quarter 2020 Financial Results on November 19, 2020

SHENZHEN, China, Nov. 09, 2020 (GLOBE NEWSWIRE) -- Huize Holding Limited, (“Huize”, the “Company” or “we”) (NASDAQ: HUIZ), a leading independent online insurance product and service platform in China, today announced that it plans to release its third quarter 2020 financial results before the mark…

Huize Holding Limited to Hold Annual General Meeting on December 10, 2020

SHENZHEN, China, Nov. 02, 2020 (GLOBE NEWSWIRE) -- Huize Holding Limited, (“Huize”, the “Company” or “we”) (NASDAQ: HUIZ), a leading independent online insurance product and service platform in China, today announced that it will hold its annual general meeting of shareholders at 5/F, Building 3-4…
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Huize Frequently Asked Questions

  • When was Huize founded?

    Huize was founded in 2006.

  • How many employees does Huize have?

    Huize has 1,017 employees.

  • What is Huize revenue?

    Latest Huize annual revenue is $142.7 m.

  • What is Huize revenue per employee?

    Latest Huize revenue per employee is $140.3 k.

  • Who are Huize competitors?

    Competitors of Huize include PolicyStreet, Hi Marley and Axieme.

  • Where is Huize headquarters?

    Huize headquarters is located at Yue Hai Lu & Nan Hai Da Dao, Nanshan Qu, Shenzhen Shi.

  • Where are Huize offices?

    Huize has an office in Shenzhen Shi.

  • How many offices does Huize have?

    Huize has 1 office.