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.
| Type | Public | |
| Founded | 2006 | |
| HQ | Shenzhen Shi, CN | Map |
| Website | huize.com |
Key People/Management at Huize
Cunjun Ma
Chairman and CEO
Li Jiang
Chief Operating Officer
Ronald Tam
Co-Chief Financial Officer and Chief Strategy Officer
Minghan Xiao
Co-Chief Financial Officer
Bin Wei
Independent Director
Xuchun Luo
Director and Secretary of the Board
Huize Office Locations
Huize has an office in Shenzhen Shi
Shenzhen Shi, CN (HQ)
Yue Hai Lu & Nan Hai Da Dao, Nanshan Qu
Huize Financials and Metrics
Huize Revenue
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
Quarterly
| CNY | Q3, 2017 | Q4, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q4, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 67.3m | 54.6m | 73.8m | 108.0m | 147.9m | 179.1m | 251.6m | 199.9m | 283.6m |
Cost of goods sold | 45.2m | 33.2m | 42.2m | 67.3m | 93.0m | 114.0m | 153.9m | 126.4m | 189.3m |
Gross profit | 22.1m | 21.4m | 31.6m | 40.7m | 54.9m | 65.1m | 97.6m | 73.5m | 94.3m |
Gross profit Margin, % | 33% | 39% | 43% | 38% | 37% | 36% | 39% | 37% | 33% |
Annual
Annual
Huize Acquisitions / Subsidiaries
| Company Name | Date | Deal 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
Huize revenue breakdown by business segment: 99.0% from Brokerage Income and 1.0% from Other
Huize Cybersecurity Score
Huize Online and Social Media Presence
Huize's Trends
Huize News and Updates
January 14, 2022
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…
January 14, 2022
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…
January 06, 2022
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…
December 31, 2021
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…
December 17, 2021
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…
December 01, 2021
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…
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.
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