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, 2020)¥1.2 B(+756%)
Share Price (Jan 2022)$1.4
Cybersecurity ratingCMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
Banner background

Key People/Management at Huize

Cunjun Ma

Cunjun Ma

Chairman and CEO
Li Jiang

Li Jiang

Chief Operating Officer
Ronald Tam

Ronald Tam

Co-Chief Financial Officer and Chief Strategy Officer
Minghan Xiao

Minghan Xiao

Co-Chief Financial Officer
Bin Wei

Bin Wei

Independent Director
Xuchun Luo

Xuchun Luo

Director and Secretary of the Board
Show more

Huize Office Locations

Huize has an office in Shenzhen Shi
Shenzhen Shi, CN (HQ)
Yue Hai Lu & Nan Hai Da Dao, Nanshan Qu
Show all (1)

Huize Financials and Metrics

Huize Revenue

Embed Graph
View revenue for all periods
Huize's revenue was reported to be ¥1.22 b in FY, 2020
CNY

Revenue (FY, 2020)

1.2b

Gross profit (FY, 2020)

1.1b

Gross profit margin (FY, 2020), %

89.8%

Net income (FY, 2020)

(2.8m)

EBIT (FY, 2020)

(25.9m)

Market capitalization (14-Jan-2022)

58.2m

Closing stock price (14-Jan-2022)

1.4

Cash (31-Dec-2020)

62.0m

EV

127.2m
Huize's current market capitalization is $58.2 m.
Annual
CNYFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

263.3m508.8m142.7m1.2b

Revenue growth, %

93%

Cost of goods sold

164.8m316.4m629.5m124.7m

Gross profit

98.6m192.4m(486.8m)1.1b
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, 2019FY, 2020

Cash

12.3m6.6m88.1m62.0m

Accounts Receivable

70.7m108.4m180.4m35.6m

Prepaid Expenses

15.5m20.6m4.2m44.4m

Current Assets

138.4m301.0m461.5m1.0b
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, 2019FY, 2020

Net Income

(97.0m)2.9m2.2m(2.8m)

Depreciation and Amortization

3.6m3.1m3.8m5.1m

Accounts Payable

3.4m58.0m7.5m15.8m

Cash From Operating Activities

(85.3m)66.9m118.0m21.1m
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
Show all financial metrics

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

Embed Graph

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

Huize Cybersecurity Score

Cybersecurity ratingPremium dataset

C

74/100

SecurityScorecard logo

Huize Online and Social Media Presence

Embed Graph

Huize News and Updates

Huize Releases 2021 “Xiao Ma Claim” Service Annual Review

SHENZHEN, China, Jan. 14, 2022 (GLOBE NEWSWIRE) -- Huize Holding Limited, (“Huize”, the “Company” or “we”) (NASDAQ: HUIZ), a leading digital insurance product and service platform for new generation consumers in China, released the 2021 “Xiao Ma Claim” Service Annual Review, a multi-dimensional re…

Huize Holding Limited Announces Termination of Acquisition of Shengs Life & General

SHENZHEN, China, Jan. 14, 2022 (GLOBE NEWSWIRE) -- Huize Holding Limited, (“Huize” or the “Company”) (NASDAQ: HUIZ), a leading digital insurance product and service platform for new generation consumers in China, today announced that it has notified Hubei Shengs Life & General Insurance Agency…

Huize Partners with Guofu Life to Launch “Darwin Critical Care No. 6”

SHENZHEN, China, Jan. 06, 2022 (GLOBE NEWSWIRE) -- Huize Holding Limited, (“Huize”, the “Company” or “we”) (NASDAQ: HUIZ), a leading digital insurance product and service platform for new generation consumers in China, today announced that it has partnered with Guofu Life Insurance Co., Ltd. (“Guo…

Huize Establishes ESG Committee to Enhance Sustainable Development

SHENZHEN, China, Dec. 31, 2021 (GLOBE NEWSWIRE) -- Huize Holding Limited, (“Huize”, the “Company” or “we”) (NASDAQ: HUIZ), a leading digital insurance product and service platform for new generation consumers in China, today announced that its Board of Directors (“the Board”) has approved the esta…

Huize to Acquire Nationwide Insurance Agency Senhao to Further Accelerate Online-to-Offline Integration Strategy

SHENZHEN, China, Dec. 17, 2021 (GLOBE NEWSWIRE) -- Huize Holding Limited, (“Huize”, the “Company”, together with its subsidiaries, its consolidated variable interest entity and the subsidiaries of the consolidated variable interest entity the “Group”) (NASDAQ: HUIZ), a leading digital insurance pr…

Huize Holding Limited Reports Third Quarter 2021 Unaudited Financial Results and Adjusts 2021 Revenue Guidance Upward

SHENZHEN, China, Dec. 01, 2021 (GLOBE NEWSWIRE) -- Huize Holding Limited, (“Huize”, the “Company” or “we”) (NASDAQ: HUIZ), a leading digital insurance product and service platform for new generation consumers in China, today announced its unaudited financial results for the third quarter ended Sep…
Show more

Huize Frequently Asked Questions

  • When was Huize founded?

    Huize was founded in 2006.

  • Who are Huize key executives?

    Huize's key executives are Cunjun Ma, Li Jiang and Ronald Tam.

  • How many employees does Huize have?

    Huize has 1,017 employees.

  • What is Huize revenue?

    Latest Huize annual revenue is ¥1.2 b.

  • What is Huize revenue per employee?

    Latest Huize revenue per employee is ¥1.2 m.

  • Who are Huize competitors?

    Competitors of Huize include Easy Peasy Insurance, imSure.life and PolicyStreet.

  • 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.