Sign in

HUIZ on Nasdaq

Huize Holding Ltd

Huize Holding Ltd is an insurance agents company in the Cayman Islands, listed on Nasdaq (HUIZ).1

Price unavailable

Last updated Oct 21, 2026.

Overview

$226.3MRevenue, fiscal 20252
$578.0KNet income, fiscal 20252

Compare with TWFG, Inc., Neptune Insurance Holdings Inc. or Goosehead Insurance, Inc., or pick any stock.

  • TickerHUIZ on Nasdaq1
  • IndustryInsurance Agents, Brokers & Service1
  • HeadquartersE91
  • Incorporated inCayman Islands3
  • Business address49/F, Bldg T1, Qianhai Financial Centre, Linhai Avenue, Qianhai Sz-Hk Coop Zone, Shenzhen3
  • Filer categoryNon-accelerated filer3

See how the biggest companies compare on our leaderboards

Our founding team began operating an online insurance business under the “Huize” brand in 2006. Huize Insurance Brokerage Co., Ltd., formerly known as Shenzhen Huize Insurance Brokerage Co., Ltd., was established in 2011 in preparation for the launch of our platform. Mr. Cunjun Ma, the chairman of our board of directors and our chief executive officer, was our founder.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

0.4%Operating margin2
0.3%Net margin2
32.2%Revenue growth, 20252
1.0%Return on equity2
0.02×Debt to equity2
$1.4MFree cash flow2

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Regions

PRC Mainland brought in 51% of the revenue Huize Holding Ltd broke down this way in fiscal 2025.

  1. PRC Mainland811.3M CNY251%down 20% from 2024
  2. HKMember755.2M CNY248%up 221% from 2024
  3. Others15.7M CNY21%up 244% from 2024
Regions by year
Regions202320242025
PRC Mainland1.2B CNY1.0B CNY811.3M CNY
HKMember20.6M CNY235.2M CNY755.2M CNY
Others1.6M CNY4.6M CNY15.7M CNY

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue99¢$1.1B
  • Research and development1¢$8.4M
  • Income tax0¢$1.0M
  • Profit0¢$578.0K

Out of $226.3M in revenue.2

Where each dollar of operating cash went, fiscal 2025

  • Capital spending46¢$1.2M
  • Kept or used elsewhere54¢$1.4M

Out of $2.6M of cash from operations.2

Financial statements

Revenue56789102$226.3M in 2025+59% since 2019
0$100.0M$200.0M$300.0M$400.0M2019: $142.7M$142.7M20192020: $187.0M$187.0M2020+31%2021: $352.3M$352.3M2021+88%2022: $167.9M$167.9M2022−52%2023: $168.4M$168.4M2023+0%2024: $171.1M$171.1M2024+2%2025: $226.3M$226.3M2025+32%
Operating income56789102$952.0K in 2025+305% since 2019
-$20.0M-$10.0M0$10.0M2019: $235.0K$235.0K20192020: -$4.0M-$4.0M20202021: -$18.0M-$18.0M2021+352%2022: -$6.3M-$6.3M2022−65%2023: $7.2M$7.2M20232024: -$2.9M-$2.9M20242025: $952.0K$952.0K2025
Net income56789102$578.0K in 2025−73% since 2019
-$20.0M-$10.0M0$10.0M2019: $2.1M$2.1M20192020: -$2.8M-$2.8M20202021: -$16.9M-$16.9M2021+503%2022: -$4.5M-$4.5M2022−73%2023: $9.9M$9.9M20232024: -$89.0K-$89.0K20242025: $578.0K$578.0K2025

Every line of the income statement as filed: the last 3 fiscal years, latest first.2

Period ending2025-12-312024-12-312023-12-31
Brokerage income1.5B CNY1.2B CNY1.1B CNY
Other income58.7M CNY55.1M CNY51.0M CNY
Total operating revenue1.6B CNY1.2B CNY1.2B CNY
Cost of revenue-1.2B CNY-855.5M CNY-729.1M CNY
Cost of other income-6.4M CNY-12.8M CNY-19.9M CNY
Selling expenses-220.3M CNY-192.4M CNY-204.3M CNY
General and administrative expenses-136.3M CNY-146.8M CNY-119.4M CNY
Research and development expenses-58.7M CNY-62.4M CNY-71.8M CNY
Total operating costs and expenses-1.6B CNY-1.3B CNY-1.1B CNY
Operating income/(loss)6.7M CNY-21.0M CNY51.0M CNY
Interest income4.0M CNY4.1M CNY2.8M CNY
Unrealized exchange loss-927.0K CNY-684.0K CNY-436.0K CNY
Investment loss-328.0K CNY-511.0K CNY-1.7M CNY
Others, net1.3M CNY17.2M CNY18.4M CNY
Profit/(Loss) before income tax, and share of income/(loss) of equity method investee10.8M CNY-834.0K CNY70.1M CNY
Income tax expense-7.2M CNY-135.0K CNY0 CNY
Share of income/(loss) of equity method investee-40.0K CNY1.5M CNY417.0K CNY
Net profit3.5M CNY566.0K CNY70.6M CNY
Net profit/(loss) attributable to non-controlling interests-503.0K CNY1.2M CNY366.0K CNY
Net profit/(loss) attributable to Huize Holding Limited's shareholders4.0M CNY-649.0K CNY70.2M CNY
Basic1.0B shares997.2M shares1.0B shares
Diluted1.0B shares997.2M shares1.0B shares
Basic0.00 CNY0.00 CNY0.07 CNY
Diluted0.00 CNY0.00 CNY0.07 CNY
Foreign currency translation adjustment, net of tax-1.8M CNY1.2M CNY3.6M CNY
Comprehensive income1.7M CNY1.8M CNY74.2M CNY
Comprehensive income/(loss) attributable to non-controlling interests-503.0K CNY1.2M CNY366.0K CNY
Comprehensive income attributable to Huize Holding Limited's shareholders2.2M CNY547.0K CNY73.8M CNY

Compare Huize Holding Ltd with another company

Corporate structure

Huize Holding Ltd sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Huize Holding Ltd

  • Huize Holding Ltd E9

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Huize Holding Ltd reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation95.1M CNY2 Dec 31, 202595.8M CNY2 Dec 31, 2024−0.7%
Accumulated depreciation56.8M CNY2 Dec 31, 202548.7M CNY2 Dec 31, 2024+16.7%
Property and equipment, net$5.5M2 Dec 31, 2025$6.5M10 Dec 31, 2024−15.2%
Operating-lease assets (leased space)$2.8M2 Dec 31, 2025$2.8M10 Dec 31, 2024−2.5%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$35.9M2 Dec 31, 2025$31.9M10 Dec 31, 2024+12.3%
Marketable securities, current$420.0K2 Dec 31, 2025$685.0K10 Dec 31, 2024−38.7%
Stakes in other companies (equity method)43.2M CNY2 Dec 31, 202532.3M CNY2 Dec 31, 2024+33.9%
Long-term investments$9.3M2 Dec 31, 2025$9.1M10 Dec 31, 2024+1.7%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$2.0M2 Dec 31, 2025$2.0M10 Dec 31, 2024+1.1%
Intangible assets, net (excluding goodwill)$9.4M2 Dec 31, 2025$9.4M10 Dec 31, 2024+0.1%
Finite-lived intangibles, gross74.1M CNY2 Dec 31, 202577.1M CNY2 Dec 31, 2024−3.8%
Accumulated amortization8.1M CNY2 Dec 31, 20256.3M CNY2 Dec 31, 2024+29.3%
Finite-lived intangibles, net66.0M CNY2 Dec 31, 202568.8M CNY2 Dec 31, 2024−4.1%

Leadership

Who has led Huize Holding Ltd, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Cunjun Ma2026–now

Chief financial officer

  1. Minghan Xiao2026–now
  2. Ronald Tam2026–now
Board members and other officers (4)

Timeline

  1. Mar 18, 2026New chief executive Cunjun Ma becomes CEO11

Filings

96 filings to the SEC since October 2021: 5 annual reports, 17 insider forms, 8 large holders, 66 other. The latest 20:

  1. Aug 20, 20266-K EDGAR
  2. Jul 29, 2026SCHEDULE 13G/A EDGAR
  3. May 20, 20266-K EDGAR
  4. Apr 24, 202620-F EDGAR
  5. Apr 20, 20264 EDGAR
  6. Apr 14, 20264 EDGAR
  7. Apr 13, 2026SCHEDULE 13G/A EDGAR
  8. Apr 10, 20264 EDGAR
  9. Apr 8, 20263/A EDGAR
  10. Apr 7, 20263/A EDGAR
  11. Apr 7, 20264/A EDGAR
  12. Apr 7, 20264/A EDGAR
  13. Apr 7, 20263/A EDGAR
  14. Apr 6, 20264 EDGAR
  15. Apr 1, 2026144/A EDGAR
  16. Apr 1, 20264 EDGAR
  17. Mar 30, 2026144 EDGAR
  18. Mar 27, 20266-K EDGAR
  19. Mar 18, 20263 EDGAR
  20. Mar 18, 20263 EDGAR

The 96 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

12 open-market trades by officers, directors and large owners since October 2021: 12 buys and 0 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Apr 16, 2026Ma CunjunChief Executive OfficerBuy10,000$1.69$16.9KForm 4
Apr 10, 2026Ma CunjunChief Executive OfficerBuy5,000$1.50$7.5KForm 4
Apr 9, 2026Ma CunjunChief Executive OfficerBuy100$1.45$145Form 4
Apr 8, 2026Ma CunjunChief Executive OfficerBuy339$1.42$481Form 4
Apr 3, 2026Ma CunjunChief Executive OfficerBuy179$1.39$249Form 4
Apr 3, 2026Ma CunjunChief Executive OfficerBuy179$1.39$249Form 4
Apr 2, 2026Ma CunjunChief Executive OfficerBuy6,000$1.42$8.5KForm 4
Apr 2, 2026Ma CunjunChief Executive OfficerBuy6,000$1.42$8.5KForm 4
Apr 1, 2026Ma CunjunChief Executive OfficerBuy7,839,032$0.01$78.4KForm 4
Apr 1, 2026Ma CunjunChief Executive OfficerBuy7,839,032$0.01$78.4KForm 4
Mar 30, 2026Ma CunjunChief Executive OfficerBuy3,000$1.41$4.2KForm 4
Mar 30, 2026Ma CunjunChief Executive OfficerBuy3,000$1.41$4.2KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
SmartHarvest Portfolios, LLC14,770$16.4K0.0%New
Two Sigma Investments, LP13,031$14.5K0.0%−10,283
UBS Group AG947$1.1K0.0%+566
SBI Securities Co., Ltd.329$3650.0%No change
Morgan Stanley320$3550.0%−2,596
Rhumbline Advisers150$1660.0%No change
Caitong International Asset Management Co., Ltd1$10.0%New

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How Huize Holding Ltd is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARHuize Holding Ltd1
  • CIK0001778982
  • Filer statusNon-accelerated filer not an emerging growth company; not a shell company4
  • Incorporated inCayman Islands4
  • Fiscal year endsDecember 311
  • Industry code (SIC)6411 Insurance Agents, Brokers & Service1
  • SEC reviewing officeOffice of Finance, Division of Corporation Finance1
  • Business address49/F, Bldg T1, Qianhai Financial Centre, Linhai Avenue, Qianhai Sz-Hk Coop Zone, Shenzhen, Shenzhen, China1
  • Phone86 755 3689 90881
  • Shares outstanding860,016,416 Common Class A shares; 150,591,207 Common Class B shares as of Dec 31, 20254
  • AuditorDeloitte Touche Tohmatsu Certified Public Accountants LLP, Shenzhen, the People’s Republic of China PCAOB ID 1113; no auditor attestation of internal control over financial reporting4
  • On EDGAR sinceJun 6, 20191
  • Filings158 in all: 6-K (60), CORRESP (14), UPLOAD (12), 20-F (7), 3 (7), SC 13G/A (6), 144 (5), 4 (5)1
    All 30 form types

    F-1/A (5), SC 13G (5), 3/A (3), DRSLTR (3), S-8 (3), S-8 POS (3), 4/A (2), DRS/A (2), EFFECT (2), SCHEDULE 13G/A (2), 144/A (1), 424B4 (1), 8-A12B (1), CERT (1), DRS (1), F-1 (1), F-1MEF (1), F-3 (1), F-6 (1), F-6 POS (1), FWP (1), RW (1)

  • Latest filingsAnnual report (20-F) Apr 24, 2026

Securities registered for trading

ClassSymbolExchange
American depositary shares (each representing 100 Class A common shares, par value US$0.00001 per share)HUIZNasdaq Global Market
Class A common shares, par value US$0.00001 per shareNasdaq Global Market

From the cover page of the 20-F filed Apr 24, 2026 (Section 12(b) of the Exchange Act).4

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19