2022 Q4 Form 20-F Financial Statement

#000119312523105776 Filed on April 19, 2023

View on sec.gov

Income Statement

Concept 2022 Q4 2022 2021 Q4
Revenue $258.4M $1.158B $976.3M
YoY Change -73.53% -48.42% 151.57%
Cost Of Revenue $158.4M $102.4M $747.9M
YoY Change -78.82% -93.95% 156.2%
Gross Profit $100.1M $1.056B $228.5M
YoY Change -56.21% 90.44% 137.5%
Gross Profit Margin 38.72% 91.16% 23.4%
Selling, General & Admin $76.90M $386.4M $168.3M
YoY Change -54.32% -29.15% 54.72%
% of Gross Profit 76.86% 36.6% 73.68%
Research & Development $16.89M $11.73M $46.07M
YoY Change -63.34% -90.26% 191.59%
% of Gross Profit 16.88% 1.11% 20.17%
Depreciation & Amortization $2.672M
YoY Change -64.01%
% of Gross Profit 0.25%
Operating Expenses $101.8M $174.2M $214.4M
YoY Change -52.54% -73.95% 72.08%
Operating Profit -$1.713M -$6.333M $14.07M
YoY Change -112.18% -94.46% -149.53%
Interest Expense $593.0K -$734.0K -$2.909M
YoY Change -120.39% -91.46% 869.67%
% of Operating Profit -20.68%
Other Income/Expense, Net $8.679M $9.726M $4.735M
YoY Change 83.29% -22.97% 426.11%
Pretax Income $7.560M -$33.74M $15.89M
YoY Change -52.43% -69.43% -157.17%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income 0.0% 0.0%
Net Earnings $7.560M -$31.19M $19.90M
YoY Change -62.01% -71.03% -173.7%
Net Earnings / Revenue 2.93% -2.69% 2.04%
Basic Earnings Per Share -$0.03
Diluted Earnings Per Share $0.16 -$0.03 $20.46K
COMMON SHARES
Basic Shares Outstanding 1.022B
Diluted Shares Outstanding 1.022B

Balance Sheet

Concept 2022 Q4 2022 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $277.2M $277.2M $381.2M
YoY Change -27.28% -27.28% -5.79%
Cash & Equivalents $40.19M $277.2M $381.2M
Short-Term Investments
Other Short-Term Assets $1.596M $162.8M $258.7M
YoY Change -99.38% -37.06% -29.65%
Inventory
Prepaid Expenses
Receivables $250.7M $302.4M $778.5M
Other Receivables $8.380M $8.380M $2.305M
Total Short-Term Assets $108.8M $750.7M $1.421B
YoY Change -92.34% -47.16% 40.88%
LONG-TERM ASSETS
Property, Plant & Equipment $38.52M $200.7M $296.3M
YoY Change -87.0% -32.26% 6.73%
Goodwill $67.00K $461.0K
YoY Change -85.47%
Intangibles $7.756M $21.63M
YoY Change -64.14%
Long-Term Investments $41.75M $77.30M $73.00M
YoY Change -42.81% 5.89% 58.35%
Other Assets $279.0K $279.0K $45.40M
YoY Change -99.39% -99.39% 3143.0%
Total Long-Term Assets $49.13M $338.9M $436.8M
YoY Change -88.75% -22.41% 33.32%
TOTAL ASSETS
Total Short-Term Assets $108.8M $750.7M $1.421B
Total Long-Term Assets $49.13M $338.9M $436.8M
Total Assets $158.0M $1.090B $1.857B
YoY Change -91.49% -41.34% 39.03%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $38.03M $271.2M $804.4M
YoY Change -95.27% -66.29% 93.92%
Accrued Expenses $98.59M $98.59M $62.03M
YoY Change 58.94% 58.94% 79.27%
Deferred Revenue $258.0K $625.0K
YoY Change -58.72%
Short-Term Debt $21.75M $130.0M $170.0M
YoY Change -87.21% -23.53% 466.67%
Long-Term Debt Due $20.00M $30.08M $46.71M
YoY Change -57.18% -35.6% 3014.0%
Total Short-Term Liabilities $81.06M $559.1M $1.222B
YoY Change -93.37% -54.26% 119.59%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $20.00M
YoY Change -100.0% -100.0% -62.89%
Other Long-Term Liabilities $24.89M $24.89M $249.4M
YoY Change -90.02% -90.02% -2.69%
Total Long-Term Liabilities $27.33M $24.89M $269.4M
YoY Change -89.85% -90.76% -13.15%
TOTAL LIABILITIES
Total Short-Term Liabilities $81.06M $559.1M $1.222B
Total Long-Term Liabilities $27.33M $24.89M $269.4M
Total Liabilities $108.4M $747.6M $1.497B
YoY Change -92.76% -50.07% 72.65%
SHAREHOLDERS EQUITY
Retained Earnings -$77.01M -$499.9M
YoY Change -84.6%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $15.31M $9.545M
YoY Change 60.36%
Treasury Stock Shares $16.53M $3.437M
Shareholders Equity $49.42M $342.0M $360.1M
YoY Change
Total Liabilities & Shareholders Equity $158.0M $1.090B $1.857B
YoY Change -91.49% -41.34% 39.03%

Cashflow Statement

Concept 2022 Q4 2022 2021 Q4
OPERATING ACTIVITIES
Net Income $7.560M -$31.19M $19.90M
YoY Change -62.01% -71.03% -173.7%
Depreciation, Depletion And Amortization $2.672M
YoY Change -64.01%
Cash From Operating Activities -$12.33M
YoY Change -92.99%
INVESTING ACTIVITIES
Capital Expenditures $2.439M
YoY Change -106.41%
Acquisitions $3.764M
YoY Change -73.66%
Other Investing Activities -$39.46M
YoY Change -7.94%
Cash From Investing Activities -$8.161M
YoY Change -89.92%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $965.0K
YoY Change -138.51%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -14.66M
YoY Change -110.33%
NET CHANGE
Cash From Operating Activities -12.33M
Cash From Investing Activities -8.161M
Cash From Financing Activities -14.66M
Net Change In Cash -33.77M
YoY Change -70.63%
FREE CASH FLOW
Cash From Operating Activities -$12.33M
Capital Expenditures $2.439M
Free Cash Flow -$14.77M
YoY Change -89.29%

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CY2022 us-gaap Income Tax Expense Benefit
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CY2021 us-gaap Income Loss From Equity Method Investments
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CY2022 us-gaap Profit Loss
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CY2022 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2022 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
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CY2022 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
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CY2022 us-gaap Temporary Equity Dividends Adjustment
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CY2022 us-gaap Temporary Equity Dividends Adjustment
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CY2022 us-gaap Profit Loss
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CY2022 us-gaap Profit Loss
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CY2022 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2022 us-gaap Comprehensive Income Net Of Tax
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CY2022 us-gaap Comprehensive Income Net Of Tax
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CY2021 us-gaap Profit Loss
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CY2022 us-gaap Profit Loss
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CY2022 us-gaap Profit Loss
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CY2022 us-gaap Provision For Doubtful Accounts
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CY2022 us-gaap Provision For Doubtful Accounts
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CY2020 us-gaap Depreciation Depletion And Amortization
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CY2022 us-gaap Depreciation Depletion And Amortization
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CY2022 us-gaap Depreciation Depletion And Amortization
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CY2022 us-gaap Share Based Compensation
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137000
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CY2022 huiz Investment Income Loss
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CY2022 huiz Investment Income Loss
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CY2022 huiz Amortization Of Directors And Officers Liability Insurance Premium
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CY2022 huiz Increase Decrease In Operating Lease Liabilities
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CY2022 huiz Increase Decrease In Operating Lease Liabilities
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7236000
CY2022 us-gaap Increase Decrease In Contract With Customer Liability
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-3202000
CY2022 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-464000
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
137666000
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-175917000
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-85067000
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-12332000
CY2020 us-gaap Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
22450000
CY2021 us-gaap Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
33614000
CY2022 us-gaap Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
10000000
CY2022 us-gaap Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
1450000
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
8196000
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
38061000
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
16823000
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2439000
CY2021 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
980000
CY2022 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1048000
CY2022 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
152000
CY2021 us-gaap Payments For Proceeds From Investments
PaymentsForProceedsFromInvestments
-3820000
CY2022 us-gaap Payments For Proceeds From Investments
PaymentsForProceedsFromInvestments
-700000
CY2022 us-gaap Payments For Proceeds From Investments
PaymentsForProceedsFromInvestments
-101000
CY2020 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
569000
CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
14292000
CY2022 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
25964000
CY2022 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
3764000
CY2022 us-gaap Proceeds From Divestiture Of Interest In Consolidated Subsidiaries
ProceedsFromDivestitureOfInterestInConsolidatedSubsidiaries
3640000
CY2022 us-gaap Proceeds From Divestiture Of Interest In Consolidated Subsidiaries
ProceedsFromDivestitureOfInterestInConsolidatedSubsidiaries
528000
CY2022 huiz Advances To A Third Party
AdvancesToAThirdParty
-26000000
CY2022 huiz Advances To A Third Party
AdvancesToAThirdParty
-3770000
CY2022 huiz Repayment From A Third Party
RepaymentFromAThirdParty
-16000000
CY2022 huiz Repayment From A Third Party
RepaymentFromAThirdParty
-2320000
CY2022 huiz Interest Received Classified As Investing Activities
InterestReceivedClassifiedAsInvestingActivities
876000
CY2022 huiz Interest Received Classified As Investing Activities
InterestReceivedClassifiedAsInvestingActivities
127000
CY2020 us-gaap Proceeds From Sale Of Other Assets Investing Activities
ProceedsFromSaleOfOtherAssetsInvestingActivities
137000
CY2021 us-gaap Proceeds From Sale Of Other Assets Investing Activities
ProceedsFromSaleOfOtherAssetsInvestingActivities
241000
CY2022 us-gaap Proceeds From Sale Of Other Assets Investing Activities
ProceedsFromSaleOfOtherAssetsInvestingActivities
237000
CY2022 us-gaap Proceeds From Sale Of Other Assets Investing Activities
ProceedsFromSaleOfOtherAssetsInvestingActivities
34000
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-31078000
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-80926000
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-56286000
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-8161000
CY2020 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
105400000
CY2021 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
184000000
CY2022 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
270200000
CY2022 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
39175000
CY2020 us-gaap Repayments Of Debt
RepaymentsOfDebt
61266000
CY2021 us-gaap Repayments Of Debt
RepaymentsOfDebt
40503000
CY2022 us-gaap Repayments Of Debt
RepaymentsOfDebt
367524000
CY2022 us-gaap Repayments Of Debt
RepaymentsOfDebt
53286000
CY2020 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
340479000
CY2020 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
2063000
CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
3003000
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
6659000
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
965000
CY2020 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
503000
CY2021 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
497000
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0
CY2021 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
900000
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
383053000
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
141891000
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-101133000
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-14663000
CY2020 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-10020000
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-5012000
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
9587000
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1390000
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
479621000
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-119964000
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-232899000
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-33766000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
249327000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
728948000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
608984000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
88294000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
728948000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
608984000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
376085000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
54528000
CY2020 huiz Cash Received And Paid For Interest
CashReceivedAndPaidForInterest
-4386000
CY2021 huiz Cash Received And Paid For Interest
CashReceivedAndPaidForInterest
-7813000
CY2022 huiz Cash Received And Paid For Interest
CashReceivedAndPaidForInterest
-10614000
CY2022 huiz Cash Received And Paid For Interest
CashReceivedAndPaidForInterest
-1539000
CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
CY2020 us-gaap Liabilities Assumed1
LiabilitiesAssumed1
4274000
CY2021 us-gaap Liabilities Assumed1
LiabilitiesAssumed1
0
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
270256000
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
13400000
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
2011000
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
292000
CY2020 huiz Reassessment Of Lease Liabilities Due To Termination Of Lease Contacts
ReassessmentOfLeaseLiabilitiesDueToTerminationOfLeaseContacts
0
CY2021 huiz Reassessment Of Lease Liabilities Due To Termination Of Lease Contacts
ReassessmentOfLeaseLiabilitiesDueToTerminationOfLeaseContacts
0
CY2022 huiz Reassessment Of Lease Liabilities Due To Termination Of Lease Contacts
ReassessmentOfLeaseLiabilitiesDueToTerminationOfLeaseContacts
-65922000
CY2022 huiz Reassessment Of Lease Liabilities Due To Termination Of Lease Contacts
ReassessmentOfLeaseLiabilitiesDueToTerminationOfLeaseContacts
-9558000
CY2022Q4 huiz Percentage Of Shareholders Pending Registration
PercentageOfShareholdersPendingRegistration
0.2187
CY2022Q4 huiz Percentage Of Shareholders Received Shares Of Company
PercentageOfShareholdersReceivedSharesOfCompany
0.7813
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top: 18pt; margin-bottom: 0pt; font-size: 10pt; font-family: &quot;Times New Roman&quot;;;text-indent: 0px;"><div style="font-weight:bold;display:inline;">(d) Use of estimates </div></div> <div style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Financial statements amounts that reflect significant accounting estimates and assumptions mainly include, but are not limited to (i) allowance for doubtful accounts (losses of accounts receivable, insurance premium receivables and other receivables), (ii) valuation and forfeiture rate of share-based compensation arrangements, (iii) operating revenue and cost of revenue recognition, (iv) fair value of long-term investments, (v) useful life of property, plant and equipment and intangible assets, (vi) valuation of acquired assets and liabilities assumed, (vii) assessment for impairment of intangible assets, (viii) realizability of deferred tax assets, (ix) uncertainty tax position and (x) discount rate of lease liability. Actual results could materially differ from these estimates. </div>
CY2022Q4 us-gaap Foreign Currency Exchange Rate Translation1
ForeignCurrencyExchangeRateTranslation1
6.8972
CY2022 huiz Cash Equivalents Due Within Three Months
CashEquivalentsDueWithinThreeMonths
three months
CY2022Q4 us-gaap Prepaid Taxes
PrepaidTaxes
32083000
CY2021Q4 huiz Unremitted Insurance Premiums
UnremittedInsurancePremiums
126715000
CY2022Q4 huiz Unremitted Insurance Premiums
UnremittedInsurancePremiums
30578000
CY2022Q4 huiz Unremitted Insurance Premiums
UnremittedInsurancePremiums
4433000
CY2021Q4 us-gaap Deposit Liabilities Collateral Issued Financial Instruments
DepositLiabilitiesCollateralIssuedFinancialInstruments
75831000
CY2022Q4 us-gaap Deposit Liabilities Collateral Issued Financial Instruments
DepositLiabilitiesCollateralIssuedFinancialInstruments
43459000
CY2022Q4 us-gaap Deposit Liabilities Collateral Issued Financial Instruments
DepositLiabilitiesCollateralIssuedFinancialInstruments
6302000
CY2021Q4 us-gaap Restricted Cash Equivalents
RestrictedCashEquivalents
25280000
CY2022Q4 us-gaap Restricted Cash Equivalents
RestrictedCashEquivalents
24880000
CY2022Q4 us-gaap Restricted Cash Equivalents
RestrictedCashEquivalents
3607000
CY2022 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2021 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2020 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2021Q4 us-gaap Value Added Tax Receivable Current
ValueAddedTaxReceivableCurrent
200000
CY2022Q4 us-gaap Value Added Tax Receivable Current
ValueAddedTaxReceivableCurrent
4827000
CY2021Q4 us-gaap Prepaid Rent
PrepaidRent
14532000
CY2022Q4 us-gaap Prepaid Rent
PrepaidRent
9609000
CY2022 huiz Valued Added Tax Percentage
ValuedAddedTaxPercentage
0.06
CY2022 huiz Gain On Government Subsidies
GainOnGovernmentSubsidies
12779000
CY2022 us-gaap Gain Loss On Contract Termination
GainLossOnContractTermination
6702000
CY2021Q4 us-gaap Prepaid Taxes
PrepaidTaxes
43817000
CY2021Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
780431000
CY2022Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
255251000
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
3169000
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
4584000
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
777262000
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
250667000
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1724000
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
3169000
CY2021 huiz Provisions For Doubtful Accounts
ProvisionsForDoubtfulAccounts
1445000
CY2022 huiz Provisions For Doubtful Accounts
ProvisionsForDoubtfulAccounts
1415000
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
3169000
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
4584000
CY2020 us-gaap Related Party Costs
RelatedPartyCosts
CY2021 us-gaap Related Party Costs
RelatedPartyCosts
12161000
CY2022 us-gaap Related Party Costs
RelatedPartyCosts
9313000
CY2020 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
CY2021 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
CY2022 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
970000
CY2021Q4 us-gaap Due From Related Parties
DueFromRelatedParties
128000
CY2022Q4 us-gaap Due From Related Parties
DueFromRelatedParties
489000
CY2021Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
11875000
CY2022Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
495000
CY2021Q4 us-gaap Supplies
Supplies
13731000
CY2022Q4 us-gaap Supplies
Supplies
10230000
CY2021Q4 us-gaap Interest Receivable Current
InterestReceivableCurrent
2177000
CY2022Q4 us-gaap Interest Receivable Current
InterestReceivableCurrent
2467000
CY2021Q4 us-gaap Due From Employees Current
DueFromEmployeesCurrent
970000
CY2022Q4 us-gaap Due From Employees Current
DueFromEmployeesCurrent
397000
CY2021Q4 us-gaap Prepaid Insurance
PrepaidInsurance
658000
CY2022Q4 us-gaap Prepaid Insurance
PrepaidInsurance
658000
CY2021Q4 us-gaap Funds Held Under Reinsurance Agreements Asset
FundsHeldUnderReinsuranceAgreementsAsset
77000
CY2022Q4 us-gaap Funds Held Under Reinsurance Agreements Asset
FundsHeldUnderReinsuranceAgreementsAsset
53000
CY2022Q4 huiz Share Repurchase Amount Receivable
ShareRepurchaseAmountReceivable
898000
CY2022Q4 huiz Advances To A Third Parties
AdvancesToAThirdParties
10000000
CY2021Q4 us-gaap Other Assets Current
OtherAssetsCurrent
1939000
CY2022Q4 us-gaap Other Assets Current
OtherAssetsCurrent
1596000
CY2021Q4 huiz Prepaid Expense And Other Assets Before Impairment
PrepaidExpenseAndOtherAssetsBeforeImpairment
78101000
CY2022Q4 huiz Prepaid Expense And Other Assets Before Impairment
PrepaidExpenseAndOtherAssetsBeforeImpairment
72818000
CY2021Q4 us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Balance
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsBalance
590000
CY2022Q4 us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Balance
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsBalance
1000000
CY2021Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
77511000
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
71818000
CY2021Q4 huiz Prepayment Related To Investment
PrepaymentRelatedToInvestment
200000
CY2021Q4 huiz Advances To Acquire Long Term Assets
AdvancesToAcquireLongTermAssets
179000
CY2022Q4 huiz Advances To Acquire Long Term Assets
AdvancesToAcquireLongTermAssets
279000
CY2021Q4 us-gaap Prepaid Expense And Other Assets Noncurrent
PrepaidExpenseAndOtherAssetsNoncurrent
379000
CY2022Q4 us-gaap Prepaid Expense And Other Assets Noncurrent
PrepaidExpenseAndOtherAssetsNoncurrent
279000
CY2022 us-gaap Line Of Credit Facility Interest Rate During Period
LineOfCreditFacilityInterestRateDuringPeriod
0.05
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
71477000
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
68341000
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
23016000
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
29823000
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
48461000
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
38518000
CY2020 us-gaap Depreciation
Depreciation
4684000
CY2021 us-gaap Depreciation
Depreciation
6474000
CY2022 us-gaap Depreciation
Depreciation
17319000
CY2020 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2021 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2022 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
24066000
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
57139000
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2440000
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
3641000
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
21626000
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
53498000
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
424000
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
950000
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1201000
CY2020 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0
CY2021 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0
CY2022 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
984000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
694000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
431000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
130000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
72000
CY2019Q4 us-gaap Long Term Investments
LongTermInvestments
23395000
CY2020 us-gaap Investments In And Advances To Affiliates At Fair Value Gross Additions
InvestmentsInAndAdvancesToAffiliatesAtFairValueGrossAdditions
22450000
CY2020 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
239000
CY2020 us-gaap Investments In And Advances To Affiliates At Fair Value Period Increase Decrease
InvestmentsInAndAdvancesToAffiliatesAtFairValuePeriodIncreaseDecrease
CY2020Q4 us-gaap Long Term Investments
LongTermInvestments
46084000
CY2020Q4 us-gaap Long Term Investments
LongTermInvestments
46084000
CY2021 us-gaap Investments In And Advances To Affiliates At Fair Value Gross Additions
InvestmentsInAndAdvancesToAffiliatesAtFairValueGrossAdditions
33414000
CY2021 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2660000
CY2021Q4 huiz Gain Loss In Change In Fair Value Of Investments
GainLossInChangeInFairValueOfInvestments
-4224000
CY2021 us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
265000
CY2021Q4 huiz Fair Value Of Investments Exchange Differences
FairValueOfInvestmentsExchangeDifferences
232000
CY2021 us-gaap Impairment Of Investments
ImpairmentOfInvestments
-1610000
CY2021Q4 huiz Disposal Of Investments
DisposalOfInvestments
-3820000
CY2021Q4 us-gaap Long Term Investments
LongTermInvestments
73001000
CY2021Q4 us-gaap Long Term Investments
LongTermInvestments
73001000
CY2022 us-gaap Investments In And Advances To Affiliates At Fair Value Gross Additions
InvestmentsInAndAdvancesToAffiliatesAtFairValueGrossAdditions
10000000
CY2022 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-2200000
CY2022Q4 huiz Gain Loss In Change In Fair Value Of Investments
GainLossInChangeInFairValueOfInvestments
-2784000
CY2022Q4 huiz Fair Value Of Investments Exchange Differences
FairValueOfInvestmentsExchangeDifferences
288000
CY2022Q4 huiz Disposal Of Investments
DisposalOfInvestments
-1000000
CY2022Q4 us-gaap Long Term Investments
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As of December 31, 2021 and 2022, the loan with maturity date of July 19, 2022 was pledged by the deposits of HK Smart Choice and the credit of Huize Insurance Brokerage.
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CY2022 huiz Schedule Of Share Based Compensation Stock Options Activity Outstanding
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<div style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The following table summarizes information regarding the share options outstanding as of December 31, 2022: </div><div style="font-size:12pt;margin-top:0pt;margin-bottom:0pt"> </div> <table cellpadding="0" cellspacing="0" style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:8pt;width:92%;border:0;margin:0 auto"> <tr style="font-size: 0px;"> <td style="width:53%"/> <td style="vertical-align:bottom;width:7%"/> <td/> <td/> <td/> <td style="vertical-align:bottom;width:7%"/> <td/> <td/> <td/> <td style="vertical-align:bottom;width:7%"/> <td/> <td/> <td/> <td style="vertical-align:bottom;width:6%"/> <td/> <td/> <td/></tr> <tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt"> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;">  </td> <td colspan="14" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center;">As of December 31, 2022</td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"> </td></tr> <tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt"> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;">  </td> <td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center;">Options<br/> number</td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;">  </td> <td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center;">Weighted<br/> average exercise<br/> price per option</td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;">  </td> <td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center;">Weighted average<br/> remaining<br/> contractual life<br/> (years)</td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;">  </td> <td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center;">Aggregate<br/> intrinsic value</td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"> </td></tr> <tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt"> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom">  </td> <td colspan="2" style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom">  </td> <td colspan="2" style="vertical-align:bottom;text-align:center;">US$</td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom">  </td> <td colspan="2" style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom">  </td> <td colspan="2" style="vertical-align:bottom;text-align:center;">US$</td> <td style="vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 10pt; font-family: &quot;Times New Roman&quot;; line-height: normal;">Outstanding</div></td> <td style="vertical-align:bottom">  </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right;">33,824,056</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom">  </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right;">0.1616</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom">  </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right;">7.67</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom">  </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right;">—  </td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 10pt; font-family: &quot;Times New Roman&quot;; line-height: normal;">Exercisable</div></td> <td style="vertical-align:bottom">  </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right;">24,166,379</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom">  </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right;">0.1640</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom">  </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right;">7.52</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom">  </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right;">—  </td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 10pt; font-family: &quot;Times New Roman&quot;; line-height: normal;">Expected to vest</div></td> <td style="vertical-align:bottom">  </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right;">9,657,677</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom">  </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right;">0.1556</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom">  </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right;">8.03</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom">  </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right;">—  </td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr></table>
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
0.1608
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
0.1616
CY2021 huiz Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Forfeiture Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedForfeitureRate
0.1085
CY2022 huiz Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Forfeiture Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedForfeitureRate
0.0586
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.4057
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.517
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P8Y8M15D
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P7Y8M1D
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.014658
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.039302
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.03
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P4Y
CY2020 us-gaap Brokerage Commissions Revenue
BrokerageCommissionsRevenue
1215434000
CY2021 us-gaap Brokerage Commissions Revenue
BrokerageCommissionsRevenue
2232253000
CY2022 us-gaap Brokerage Commissions Revenue
BrokerageCommissionsRevenue
1108652000
CY2020 us-gaap Other Income
OtherIncome
4788000
CY2021 us-gaap Other Income
OtherIncome
12763000
CY2022 us-gaap Other Income
OtherIncome
49256000
CY2020 us-gaap Revenues
Revenues
1220222000
CY2021 us-gaap Revenues
Revenues
2245016000
CY2022 us-gaap Revenues
Revenues
1157908000
CY2020 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1218000
CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1445000
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2415000
CY2020 huiz Travelling Expenses Under General And Administrative Expenses
TravellingExpensesUnderGeneralAndAdministrativeExpenses
1648000
CY2021 huiz Travelling Expenses Under General And Administrative Expenses
TravellingExpensesUnderGeneralAndAdministrativeExpenses
1675000
CY2022 huiz Travelling Expenses Under General And Administrative Expenses
TravellingExpensesUnderGeneralAndAdministrativeExpenses
786000
CY2020 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
9150000
CY2020 us-gaap Labor And Related Expense
LaborAndRelatedExpense
129327000
CY2021 us-gaap Labor And Related Expense
LaborAndRelatedExpense
222428000
CY2022 us-gaap Labor And Related Expense
LaborAndRelatedExpense
166588000
CY2020 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
71472000
CY2021 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
97945000
CY2022 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
31026000
CY2020 us-gaap Utilities Operating Expense Maintenance Operations And Other Costs And Expenses
UtilitiesOperatingExpenseMaintenanceOperationsAndOtherCostsAndExpenses
6961000
CY2021 us-gaap Utilities Operating Expense Maintenance Operations And Other Costs And Expenses
UtilitiesOperatingExpenseMaintenanceOperationsAndOtherCostsAndExpenses
13781000
CY2022 us-gaap Utilities Operating Expense Maintenance Operations And Other Costs And Expenses
UtilitiesOperatingExpenseMaintenanceOperationsAndOtherCostsAndExpenses
15358000
CY2020 huiz Office Expenses
OfficeExpenses
5877000
CY2021 huiz Office Expenses
OfficeExpenses
5623000
CY2022 huiz Office Expenses
OfficeExpenses
4086000
CY2020 us-gaap Travel And Entertainment Expense
TravelAndEntertainmentExpense
1689000
CY2021 us-gaap Travel And Entertainment Expense
TravelAndEntertainmentExpense
3734000
CY2022 us-gaap Travel And Entertainment Expense
TravelAndEntertainmentExpense
1911000
CY2020 us-gaap Depreciation And Amortization
DepreciationAndAmortization
444000
CY2021 us-gaap Depreciation And Amortization
DepreciationAndAmortization
680000
CY2022 us-gaap Depreciation And Amortization
DepreciationAndAmortization
1101000
CY2020 huiz Share Based Compensation Selling Expense
ShareBasedCompensationSellingExpense
10642000
CY2021 huiz Share Based Compensation Selling Expense
ShareBasedCompensationSellingExpense
-475000
CY2022 huiz Share Based Compensation Selling Expense
ShareBasedCompensationSellingExpense
1041000
CY2020 us-gaap Business Development
BusinessDevelopment
384000
CY2021 us-gaap Business Development
BusinessDevelopment
761000
CY2022 us-gaap Business Development
BusinessDevelopment
827000
CY2020 us-gaap Other Expenses
OtherExpenses
3642000
CY2021 us-gaap Other Expenses
OtherExpenses
6096000
CY2022 us-gaap Other Expenses
OtherExpenses
9726000
CY2020 us-gaap Selling Expense
SellingExpense
230438000
CY2021 us-gaap Selling Expense
SellingExpense
350573000
CY2022 us-gaap Selling Expense
SellingExpense
231664000
CY2021 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
9055000
CY2022 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
6872000
CY2020 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
150207000
CY2021 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
197619000
CY2022 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
154715000
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
27360000
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
24554000
CY2020 us-gaap Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
51457000
CY2021 us-gaap Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
87321000
CY2022 us-gaap Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
59484000
CY2020 huiz Rental And Utilities Expenses
RentalAndUtilitiesExpenses
2332000
CY2021 huiz Rental And Utilities Expenses
RentalAndUtilitiesExpenses
33486000
CY2022 huiz Rental And Utilities Expenses
RentalAndUtilitiesExpenses
25056000
CY2020 us-gaap Professional And Contract Services Expense
ProfessionalAndContractServicesExpense
20075000
CY2021 us-gaap Professional And Contract Services Expense
ProfessionalAndContractServicesExpense
31868000
CY2022 us-gaap Professional And Contract Services Expense
ProfessionalAndContractServicesExpense
18858000
CY2020 huiz Depreciation And Amortizations Under General And Administrative Expenses
DepreciationAndAmortizationsUnderGeneralAndAdministrativeExpenses
1875000
CY2021 huiz Depreciation And Amortizations Under General And Administrative Expenses
DepreciationAndAmortizationsUnderGeneralAndAdministrativeExpenses
2195000
CY2022 huiz Depreciation And Amortizations Under General And Administrative Expenses
DepreciationAndAmortizationsUnderGeneralAndAdministrativeExpenses
11448000
CY2020 huiz Share Based Compensation Under General And Administrative Expenses
ShareBasedCompensationUnderGeneralAndAdministrativeExpenses
40820000
CY2021 huiz Share Based Compensation Under General And Administrative Expenses
ShareBasedCompensationUnderGeneralAndAdministrativeExpenses
-665000
CY2022 huiz Share Based Compensation Under General And Administrative Expenses
ShareBasedCompensationUnderGeneralAndAdministrativeExpenses
9151000
CY2020 huiz Directors And Officers Liability Insurance Premium Expenses
DirectorsAndOfficersLiabilityInsurancePremiumExpenses
6127000
CY2021 huiz Directors And Officers Liability Insurance Premium Expenses
DirectorsAndOfficersLiabilityInsurancePremiumExpenses
7798000
CY2022 huiz Directors And Officers Liability Insurance Premium Expenses
DirectorsAndOfficersLiabilityInsurancePremiumExpenses
7891000
CY2020 huiz Office Expenses Under General And Administrative Expenses
OfficeExpensesUnderGeneralAndAdministrativeExpenses
3811000
CY2021 huiz Office Expenses Under General And Administrative Expenses
OfficeExpensesUnderGeneralAndAdministrativeExpenses
8532000
CY2022 huiz Office Expenses Under General And Administrative Expenses
OfficeExpensesUnderGeneralAndAdministrativeExpenses
6177000
CY2020 us-gaap Excise And Sales Taxes
ExciseAndSalesTaxes
3845000
CY2021 us-gaap Excise And Sales Taxes
ExciseAndSalesTaxes
6954000
CY2022 us-gaap Excise And Sales Taxes
ExciseAndSalesTaxes
3529000
CY2020 huiz Bank Charges
BankCharges
7849000
CY2021 huiz Bank Charges
BankCharges
7955000
CY2022 huiz Bank Charges
BankCharges
3048000
CY2020 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
137000
CY2021 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
241000
CY2022 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
237000
CY2021 us-gaap Equity Securities Without Readily Determinable Fair Value Impairment Loss Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossAnnualAmount
1610000
CY2021 us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
265000
CY2022 us-gaap Gain Or Loss On Sale Of Stock In Subsidiary
GainOrLossOnSaleOfStockInSubsidiary
-331000
CY2020 us-gaap Investment Income Net
InvestmentIncomeNet
137000
CY2021 us-gaap Investment Income Net
InvestmentIncomeNet
-5328000
CY2022 us-gaap Investment Income Net
InvestmentIncomeNet
-2216000
CY2020 us-gaap Profit Loss
ProfitLoss
-18292000
CY2021 us-gaap Profit Loss
ProfitLoss
-107717000
CY2022 us-gaap Profit Loss
ProfitLoss
-33740000
CY2021 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-51000
CY2022 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-2553000
CY2020 us-gaap Net Income Loss
NetIncomeLoss
-18292000
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-107666000
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-31187000
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
247819000
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
162180000
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
264069000
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
186107000
CY2020 us-gaap Operating Lease Expense
OperatingLeaseExpense
6941000
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
46102000
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
39476000
CY2021 us-gaap Short Term Lease Cost
ShortTermLeaseCost
385000
CY2022 us-gaap Short Term Lease Cost
ShortTermLeaseCost
1724000
CY2021 us-gaap Lease Cost
LeaseCost
46487000
CY2022 us-gaap Lease Cost
LeaseCost
41200000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
19100000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
26084000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
26559000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
28201000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
29755000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
99792000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
229491000
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
43384000
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
186107000
CY2022 us-gaap Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
7215000
CY2021 us-gaap Investment Company Committed Capital
InvestmentCompanyCommittedCapital
55546000
CY2022 us-gaap Investment Company Committed Capital
InvestmentCompanyCommittedCapital
11000000

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