Huize Holding Ltd - Understand $huiz stock

$HUIZ Market Cap: $27.85 Million

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Financial Snapshot

Revenue

$1.196B

TTM

Gross Margin

38.28%

TTM

Net Earnings

$69.69M

TTM

Current Assets

$606.7M

Q4 2023

Current Liabilities

$395.3M

Q4 2023

Current Ratio

153.48%

Q4 2023

Total Assets

$947.2M

Q4 2023

Total Liabilities

$542.1M

Q4 2023

Book Value

$405.2M

Q4 2023

Cash

$249.3M

Q4 2023

P/E

0.3997

Nov 29, 2024 EST

Free Cash Flow

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017
Revenue	$1.196B	$1.158B	$2.245B	$1.220B	$993.3M	$508.8M	$263.3M
YoY Change	3.25%	-48.42%	83.99%	22.84%	95.22%	93.24%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017
Revenue	$1.196B	$1.158B	$2.245B	$1.220B	$993.3M	$508.8M	$263.3M
Cost Of Revenue	$749.0M	$102.4M	$1.691B	$816.4M	$631.4M	$318.3M	$166.7M
Gross Profit	$446.5M	$1.056B	$554.3M	$403.9M	$362.0M	$190.5M	$96.70M
Gross Profit Margin	37.35%	91.16%	24.69%	33.1%	36.44%	37.44%	36.73%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017
Selling, General & Admin	$323.7M	$386.4M	$545.3M	$378.3M	$324.7M	$139.2M	$144.7M
YoY Change	-16.23%	-29.15%	44.15%	16.51%	133.26%	-3.8%
% of Gross Profit	72.48%	36.6%	98.39%	93.66%	89.7%	73.07%	149.64%
Research & Development	$71.84M	$11.73M	$120.5M	$49.10M	$33.80M	$24.90M	$50.10M
YoY Change	512.41%	-90.26%	145.37%	45.27%	35.74%	-50.3%
% of Gross Profit	16.09%	1.11%	21.74%	12.16%	9.34%	13.07%	51.81%
Depreciation & Amortization	$1.921M	$2.672M	$7.424M	$5.100M	$3.800M	$3.100M	$3.600M
YoY Change	-28.11%	-64.01%	45.57%	34.21%	22.58%	-13.89%
% of Gross Profit	0.43%	0.25%	1.34%	1.26%	1.05%	1.63%	3.72%
Operating Expenses	$395.5M	$174.2M	$668.7M	$429.7M	$360.3M	$165.7M	$196.9M
YoY Change	127.02%	-73.95%	55.61%	19.26%	117.44%	-15.85%
Operating Profit	$51.04M	-$6.333M	-$114.4M	-$25.80M	$1.700M	$24.80M	-$100.2M
YoY Change	-905.92%	-94.46%	343.45%	-1617.65%	-93.15%	-124.75%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017
Interest Expense	$697.0K	-$734.0K	-$8.593M	-$1.000M	$900.0K	-$27.50M	$1.500M
YoY Change	-194.96%	-91.46%	759.3%	-211.11%	-103.27%	-1933.33%
% of Operating Profit	1.37%				52.94%	-110.89%
Other Income/Expense, Net	$18.40M	$9.726M	$12.63M	$10.20M	$12.70M	$4.600M	$1.200M
YoY Change	89.19%	-22.97%	23.79%	-19.69%	176.09%	283.33%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017
Pretax Income	$70.14M	-$33.74M	-$110.4M	-$16.80M	$15.20M	$1.900M	-$97.60M
YoY Change	-307.87%	-69.43%	557.01%	-210.53%	700.0%	-101.95%
Income Tax	$0.00	$0.00	$0.00	$1.800M	$100.0K	$300.0K	$400.0K
% Of Pretax Income	0.0%				0.66%	15.79%
Net Earnings	$70.19M	-$31.19M	-$107.7M	-$18.30M	$14.90M	$3.200M	-$97.20M
YoY Change	-325.06%	-71.03%	488.34%	-222.82%	365.63%	-103.29%
Net Earnings / Revenue	5.87%	-2.69%	-4.8%	-1.5%	1.5%	0.63%	-36.92%
Basic Earnings Per Share	$0.07	-$0.03	-$0.11	-$0.02
Diluted Earnings Per Share	$0.07	-$0.03	-$105.4K	-$17.62K	$14.35K	$3.082K	-$93.61K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017
Cash & Short-Term Investments	$258.1M	$277.2M	$381.2M	$404.6M	$88.10M	$6.600M	$12.30M
YoY Change	-6.87%	-27.28%	-5.79%	359.25%	1234.85%	-46.34%
Cash & Equivalents	$249.3M	$277.2M	$381.2M	$404.6M	$88.10M	$6.600M	$12.30M
Short-Term Investments	$8.879M
Other Short-Term Assets	$127.5M	$162.8M	$258.7M	$367.8M	$188.0M	$164.8M	$42.90M
YoY Change	-21.72%	-37.06%	-29.65%	95.64%	14.08%	284.15%
Inventory
Prepaid Expenses
Receivables	$220.7M	$302.4M	$778.5M	$234.8M	$182.7M	$117.6M	$73.70M
Other Receivables	$383.0K	$8.380M	$2.305M	$1.100M	$2.700M	$12.00M	$9.600M
Total Short-Term Assets	$606.7M	$750.7M	$1.421B	$1.008B	$461.5M	$301.0M	$138.4M
YoY Change	-19.19%	-47.16%	40.88%	118.5%	53.32%	117.49%
Property, Plant & Equipment	$170.1M	$200.7M	$296.3M	$277.6M	$8.000M	$6.400M	$8.400M
YoY Change	-15.27%	-32.26%	6.73%	3370.0%	25.0%	-23.81%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$76.69M	$77.30M	$73.00M	$46.10M	$23.40M	$21.60M	$17.80M
YoY Change	-0.79%	5.89%	58.35%	97.01%	8.33%	21.35%
Other Assets	$30.11M	$279.0K	$45.40M	$1.400M	$14.20M	$4.000M	$0.00
YoY Change	10690.68%	-99.39%	3143.0%	-90.14%	255.0%
Total Long-Term Assets	$340.5M	$338.9M	$436.8M	$327.6M	$47.30M	$33.10M	$27.40M
YoY Change	0.49%	-22.41%	33.32%	592.6%	42.9%	20.8%
Total Assets	$947.2M	$1.090B	$1.857B	$1.336B	$508.8M	$334.1M	$165.8M
YoY Change
Accounts Payable	$284.5M	$271.2M	$804.4M	$414.8M	$250.0M	$187.9M	$117.1M
YoY Change	4.92%	-66.29%	93.92%	65.92%	33.05%	60.46%
Accrued Expenses	$16.95M	$98.59M	$62.03M	$34.60M	$17.90M	$13.90M	$12.60M
YoY Change	-82.81%	58.94%	79.27%	93.3%	28.78%	10.32%
Deferred Revenue
YoY Change
Short-Term Debt		$130.0M	$170.0M	$30.00M	$30.00M	$13.00M	$0.00
YoY Change		-23.53%	466.67%	0.0%	130.77%
Long-Term Debt Due	$30.00M	$30.08M	$46.71M	$1.500M	$6.900M	$11.30M	$0.00
YoY Change	-0.27%	-35.6%	3014.0%	-78.26%	-38.94%
Total Short-Term Liabilities	$395.3M	$559.1M	$1.222B	$556.6M	$361.8M	$281.2M	$160.6M
YoY Change	-29.3%	-54.26%	119.59%	53.84%	28.66%	75.09%
Long-Term Debt		$0.00	$20.00M	$53.90M	$0.00	$15.80M	$23.00M
YoY Change		-100.0%	-62.89%		-100.0%	-31.3%
Other Long-Term Liabilities	$129.5M	$24.89M	$249.4M	$256.3M	$500.0K
YoY Change	420.29%	-90.02%	-2.69%	51160.0%
Total Long-Term Liabilities	$129.5M	$24.89M	$269.4M	$310.2M	$500.0K	$15.80M	$23.00M
YoY Change	420.29%	-90.76%	-13.15%	61940.0%	-96.84%	-31.3%
Total Liabilities	$542.1M	$747.6M	$1.497B	$867.3M	$362.8M	$298.1M	$184.7M
YoY Change	-27.49%	-50.07%	72.65%	139.06%	21.7%	61.4%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020
Basic Shares Outstanding	1.001B	1.022B	1.022B	963.8M
Diluted Shares Outstanding	1.001B	1.022B	1.022B	963.8M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $27.853 Million

About Huize Holding Ltd

Huize Holding Ltd. engages in the provision of insurance brokerage services through its online platform. The company is headquartered in Shenzhen, Guangdong and currently employs 1,113 full-time employees. The company went IPO on 2020-02-12. The firm is primarily engaged in the provision of insurance brokerage services. The firm distributes on its platform insurance products underwritten by the insurance companies who cooperate with it, and help them reach a number of insurance clients. The firm's online platform offers digitalized insurance purchase experience and services through various internet and mobile internet channels. Its products cover two categories, life and health insurance products, and property and casualty insurance products. The firm mainly operates in the domestic market.

Industry: Insurance Agents, Brokers & Service Peers: AIX Inc. TIAN RUIXIANG HOLDINGS LTD Waterdrop Inc.