← Huize Holding Ltd
| Annual Trend | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current assets: | |||||||||
| Cash and Cash Equivalents, at Carrying Value | $6.6m | $12.7m | $62.0m | $59.8m | $40.2m | $35.1m | $31.9m | $35.9m | |
| Prepaid Expense and Other Assets, Current | $20.6m | $4.2m | $6.8m | $12.2m | $10.4m | $11.1m | $9.3m | $12.8m | |
| Short-term Investments | — | — | — | — | $0 | $1.3m | $685k | $420k | |
| Cash and cash equivalents, net of allowances of RMB170 and nil as of December 31, 2024 and 2025, respectively | $6.6m | $88.1m | $404.6m | $381.2m | $277.2m | $249.3m | $233.2m | $250.8m | |
| Accounts receivable, net of allowances of RMB2,153 and RMB2,097 as of December 31, 2024 and 2025, respectively | $108.4m | $180.4m | $232.6m | $777.3m | $250.7m | $178.3m | $157.1m | $172.5m | |
| Insurance premium receivables, net of allowances of RMB33 and RMB21 as of December 31, 2024 and 2025, respectively | $9.1m | $2.3m | $2.0m | $1.2m | $1.8m | $927k | $1.8m | $1.1m | |
| Prepaid expense and other receivables, net of allowances of RMB910 and RMB1,294 as of December 31, 2024 and 2025, respectively | $20.6m | $29.2m | $44.4m | $77.5m | $71.8m | $78.8m | $68.2m | $89.5m | |
| Accounts Receivable | — | — | — | — | $252.5m | $179.2m | $158.8m | $173.7m | |
| Accrued Interest Receivable | — | — | — | — | $2.5m | $842k | $2.5m | $4.5m | |
| Allowance For Doubtful Accounts Receivable | — | — | — | — | ($4.6m) | ($1.7m) | ($2.2m) | ($2.1m) | |
| Cash And Cash Equivalents | — | — | — | — | $277.2m | $249.3m | $233.2m | $250.8m | |
| Cash Cash Equivalents And Short Term Investments | — | — | — | — | $277.2m | $258.1m | $238.2m | $253.8m | |
| Gross Accounts Receivable | — | — | — | — | $257.0m | $180.9m | $161.0m | $175.8m | |
| Loans Receivable | — | — | — | — | — | $33.0m | $30.0m | $38.4m | |
| Non Current Prepaid Assets | — | — | — | — | — | — | $222k | $1.2m | |
| Other Current Assets | — | — | — | — | $1.6m | $2.0m | $333k | $321k | |
| Other Receivables | — | — | — | — | $121.7m | $41.5m | $71.1m | $86.2m | |
| Other Short Term Investments | — | — | — | — | $0 | $8.9m | $5.0m | $2.9m | |
| Prepaid Assets | — | — | — | — | $63.3m | $33.9m | $29.2m | $39.6m | |
| Receivables Adjustments Allowances | — | — | — | — | ($1.0m) | ($697k) | ($910k) | ($1.3m) | |
| Taxes Receivable | — | — | — | — | $4.8m | $9.7m | $7.1m | $8.0m | |
| Accounts Receivable, after Allowance for Credit Loss | — | — | — | — | — | — | $2.2m | — | |
| Assets, Current | $301.0m | $66.3m | $154.5m | $222.9m | $108.8m | $85.4m | $82.1m | $94.2m | |
| Total current assets | $301.0m | $461.5m | $1.0b | $1.4b | $750.7m | $606.5m | $599.0m | $659.0m | |
| Long-term investments | $21.6m | $23.4m | $46.1m | $73.0m | $77.3m | $76.7m | $66.7m | $65.0m | |
| Property, Plant and Equipment, Net | $6.4m | $1.1m | $1.6m | $7.6m | $5.6m | $7.6m | $6.5m | $5.5m | |
| Goodwill | — | — | $71k | $72k | $67k | $65k | $2.0m | $2.0m | |
| Intangible Assets, Net (Excluding Goodwill) | $1.2m | $237k | $311k | $3.4m | $7.8m | $7.1m | $9.4m | $9.4m | |
| Intangible assets, net | $1.2m | $1.7m | $2.0m | $21.6m | $53.5m | $50.7m | $68.8m | $66.0m | |
| Goodwill And Other Intangible Assets | — | — | — | — | $54.0m | $51.2m | $83.4m | $80.1m | |
| Other Intangible Assets | — | — | — | — | $53.5m | $50.7m | $68.8m | $66.0m | |
| Operating Lease, Right-of-Use Asset | — | — | $41.0m | $38.9m | $23.5m | $16.3m | $2.8m | $2.8m | |
| Other Assets, Noncurrent | — | $417k | — | — | — | — | — | $177k | |
| Operating lease right-of-use assets | — | — | $267.4m | $247.8m | $162.2m | $115.9m | $20.7m | $19.3m | |
| Additional Financial Items | |||||||||
| Accounts Receivable, after Allowance for Credit Loss, Current | $108.4m | $25.9m | $35.6m | $122.0m | $36.3m | $25.1m | $21.5m | $24.7m | |
| Restricted cash (including amounts of the consolidated VIE of RMB61,708 and RMB51,473 as of December 31, 2024 and 2025, respectively) | $145.6m | $161.2m | $324.3m | $44.4m | $0 | $29.7m | $29.9m | $29.7m | |
| Contract assets, net of allowances of RMB1,332 and RMB1,252 as of December 31, 2024 and 2025, respectively | — | — | — | $0 | $49.9m | $41.5m | $71.1m | $86.2m | |
| Amounts due from related parties | $10.5m | $280k | $251k | $128k | $489k | $383k | $995k | $4.3m | |
| Contract assets, net of allowances of RMB533 and RMB616 as of December 31, 2024 and 2025, respectively | — | — | — | $0 | $6.6m | $12.5m | $28.4m | $45.6m | |
| Other non-current assets | — | — | — | — | $279k | $30.1m | $9.0m | $1.2m | |
| Short-term borrowings (including amounts of the consolidated VIE and its subsidiaries without recourse to the Company of RMB50,000 and RMB53,000 as of December 31, 2024 and 2025, respectively) | $24.3m | $36.9m | $31.5m | $216.7m | $150.0m | $30.0m | $50.0m | $53.0m | |
| Insurance premium payables (including amounts of the consolidated VIE and its subsidiaries without recourse to the Company of RMB56,042 and RMB41,295 as of December 31, 2024 and 2025, respectively) | $114.4m | $125.6m | $187.2m | $124.0m | $27.6m | $37.5m | $56.0m | $41.3m | |
| Payroll and welfare payable (including amounts of the consolidated VIE and its subsidiaries without recourse to the Company of RMB26,964 and RMB46,617 as of December 31, 2024 and 2025, respectively) | $31.9m | $44.0m | $4.2m | $225k | $0 | $200k | $649k | $48k | |
| Income taxes payable (including amounts of the consolidated VIE and its subsidiaries without recourse to the Company of RMB2,234 and RMB2,405 as of December 31, 2024 and 2025, respectively) | $250k | $206k | $2.4m | $2.4m | $2.4m | $2.4m | $2.6m | $8.0m | |
| Operating lease liabilities (including amounts of the consolidated VIE and its subsidiaries without recourse to the Company of RMB14,953 and RMB14,748 as of December 31, 2024 and 2025, respectively) | — | $0 | $252.1m | $249.2m | $176.0m | $129.3m | $24.1m | $15.0m | |
| Amounts due to related parties (including amounts of the consolidated VIE and its subsidiaries without recourse to the Company of RMB2,495 and RMB nil as of December 31, 2024 and 2025, respectively) | $0 | $465k | $12.8m | $11.9m | $495k | $2.5m | $2.5m | $20.4m | |
| Long-term borrowings (including amounts of the consolidated VIE and its subsidiaries without recourse to the Company of RMB nil and RMB6,990 as of December 31, 2024 and 2025, respectively) | $15.8m | $0 | $53.9m | $20.0m | $0 | — | $0 | $7.0m | |
| Other non-current liability (including amounts of the consolidated VIE and its subsidiaries without recourse to the Company of RMB nil and RMB4,746 as of December 31, 2024 and 2025, respectively) | $0 | $518k | $0 | — | — | — | $0 | $11.3m | |
| Common shares | $31k | $33k | $72k | $72k | $72k | $72k | $73k | $73k | |
| Non-controlling interests | $542k | — | $0 | $849k | $1.1m | $5.3m | $20.5m | $20.6m | |
| Accumulated Depreciation | — | — | — | — | ($29.8m) | ($42.1m) | ($48.7m) | ($56.8m) | |
| Available For Sale Securities | — | — | — | — | $33.7m | $33.7m | $33.7m | $21.2m | |
| Buildings And Improvements | — | — | — | — | $0 | $25.7m | $25.7m | $25.7m | |
| Capital Lease Obligations | — | — | — | — | $186.1m | $146.2m | $40.8m | $32.2m | |
| Current Accrued Expenses | — | — | — | — | $11.6m | $8.7m | $6.9m | $8.4m | |
| Current Capital Lease Obligation | — | — | — | — | $10.1m | $16.9m | $16.7m | $17.3m | |
| Current Debt | — | — | — | — | $150.0m | $30.0m | $50.0m | $53.0m | |
| Current Debt And Capital Lease Obligation | — | — | — | — | $160.1m | $46.9m | $66.7m | $70.3m | |
| Current Deferred Assets | — | — | — | — | $0 | $6.1m | $0 | — | |
| Current Deferred Liabilities | — | — | — | — | $9.7m | $7.0m | $4.0m | $3.0m | |
| Duefrom Related Parties Current | — | — | — | — | $489k | $383k | $995k | $4.3m | |
| Dueto Related Parties Current | — | — | — | — | $495k | $2.5m | $2.5m | $20.4m | |
| Gross PPE | — | — | — | — | $230.5m | $212.1m | $116.5m | $114.4m | |
| Income Tax Payable | — | — | — | — | $2.4m | $2.4m | $2.6m | $8.0m | |
| Interest Payable | — | — | — | — | $746k | $48k | $180k | $166k | |
| Invested Capital | — | — | — | — | $490.9m | $435.2m | $458.7m | $471.2m | |
| Investmentin Financial Assets | — | — | — | — | $34.5m | $33.7m | $33.7m | $21.2m | |
| Investments And Advances | — | — | — | — | $77.3m | $76.7m | $66.7m | $65.0m | |
| Leases | — | — | — | — | $28.1m | $29.1m | $29.2m | $31.7m | |
| Line Of Credit | — | — | — | $170.0m | $130.0m | $30.0m | $50.0m | — | |
| Long Term Capital Lease Obligation | — | — | — | — | $176.0m | $129.3m | $24.1m | $15.0m | |
| Long Term Equity Investment | — | — | — | — | $42.8m | $43.0m | $33.0m | $43.8m | |
| Machinery Furniture Equipment | — | — | — | — | $40.2m | $41.3m | $40.9m | $37.6m | |
| Net PPE | — | — | — | — | $200.7m | $170.1m | $67.8m | $57.6m | |
| Net Tangible Assets | — | — | — | — | $286.9m | $353.9m | $325.4m | $331.1m | |
| Non Current Accounts Receivable | — | — | — | — | $6.6m | $12.5m | $28.4m | $45.6m | |
| Non Current Deferred Assets | — | — | — | $605k | $0 | — | — | — | |
| Non Current Deferred Liabilities | — | — | — | — | $12.5m | $12.0m | $14.9m | $14.4m | |
| Non Current Deferred Taxes Assets | — | — | — | $605k | $0 | — | — | — | |
| Non Current Note Receivables | — | — | — | — | — | — | $8.8m | $0 | |
| Ordinary Shares Number | — | — | — | — | $1.0b | $994.6m | $1.0b | $1.0b | |
| Other Current Borrowings | — | — | — | $46.7m | $20.0m | — | $50.0m | $53.0m | |
| Other Equity Adjustments | — | — | — | — | ($17.7m) | ($14.1m) | ($12.9m) | ($14.7m) | |
| Other Payable | — | — | — | — | $55.2m | $67.8m | $64.8m | $93.7m | |
| Other Properties | — | — | — | — | $162.2m | $115.9m | $20.7m | $19.3m | |
| Properties | — | — | — | — | $0 | $0 | $0 | $0 | |
| Restricted Cash | — | — | — | — | $98.9m | $42.3m | $61.7m | $51.5m | |
| Share Issued | — | — | — | — | $1.0b | $1.0b | $1.1b | $1.1b | |
| Tangible Book Value | — | — | — | — | $286.9m | $353.9m | $325.4m | $331.1m | |
| Tradeand Other Payables Non Current | — | — | — | — | $0 | $200k | $649k | $48k | |
| Treasury Shares Number | — | — | — | — | $16.5m | $46.9m | $50.4m | $50.4m | |
| Working Capital | — | — | — | — | $191.7m | $211.4m | $183.7m | $200.3m | |
| Total non-current assets | $33.1m | $47.3m | $327.6m | $436.8m | $338.9m | $340.5m | $285.2m | $279.2m | |
| Total non-current liabilities | $16.4m | $1.0m | $310.7m | $274.3m | $188.5m | $141.5m | $39.6m | $47.7m | |
| Total shareholders' equity attributable to Huize Holding Limited shareholders | ($385.8m) | ($308.7m) | $468.7m | $360.1m | $340.9m | $405.2m | $408.7m | $411.2m | |
| Total shareholders' equity | ($385.2m) | ($308.7m) | $468.7m | $360.9m | $342.0m | $410.4m | $429.2m | $431.8m | |
| Financial Assets Designatedas Fair Value Through Profitor Loss Total | — | — | — | — | $808k | $0 | $0 | $0 | |
| Total Capitalization | — | — | — | — | $340.9m | $405.2m | $408.7m | $418.2m | |
| Total Debt | — | — | — | — | $336.1m | $176.2m | $90.8m | $92.2m | |
| Total Tax Payable | — | — | — | — | $17.4m | $11.4m | $12.0m | $21.0m | |
| Assets | $334.1m | $73.1m | $204.7m | $291.5m | $158.0m | $133.4m | $121.1m | $134.2m | |
| Total assets | $334.1m | $508.8m | $1.3b | $1.9b | $1.1b | $947.0m | $884.2m | $938.2m | |
| LIABILITIES AND EQUITY | |||||||||
| Current liabilities: | |||||||||
| Operating Lease, Liability, Current | — | — | $2.0m | $2.3m | $1.5m | $2.4m | $2.3m | $2.5m | |
| Accounts Payable, Current | $73.4m | $17.9m | $34.9m | $106.8m | $38.0m | $29.8m | $27.7m | $27.9m | |
| Operating Lease, Liability, Noncurrent | — | — | $38.6m | $39.1m | $25.5m | $18.2m | $3.3m | $2.1m | |
| Long-term Debt, Current Maturities | $11.3m | $6.9m | $1.5m | $46.7m | $20.0m | $0 | — | — | |
| Long-term Debt, Excluding Current Maturities | $15.8m | $0 | $8.3m | $3.1m | $0 | $0 | — | $1.0m | |
| Accounts payable (including amounts of the consolidated VIE and its subsidiaries without recourse to the Company of RMB156,692 and RMB155,104 as of December 31, 2024 and 2025, respectively) | $73.4m | $124.4m | $227.5m | $680.4m | $262.3m | $211.9m | $202.1m | $195.0m | |
| Other payables and accrued expenses (including amounts of the consolidated VIE and its subsidiaries without recourse to the Company of RMB31,351 and RMB37,092 as of December 31, 2024 and 2025, respectively) | $36.9m | $30.2m | $31.2m | $71.3m | $58.3m | $34.9m | $44.4m | $42.0m | |
| Current Deferred Revenue | — | — | — | $7.2m | $6.4m | $4.2m | $0 | — | |
| Payables And Accrued Expenses | — | — | — | — | $374.6m | $339.9m | $344.3m | $379.7m | |
| Liabilities, Current | $281.2m | $52.0m | $85.3m | $191.8m | $81.1m | $55.6m | $56.9m | $65.6m | |
| Total current liabilities | $281.2m | $361.8m | $556.6m | $1.2b | $559.1m | $395.0m | $415.3m | $458.7m | |
| Other Liabilities, Noncurrent | — | $74k | — | — | — | — | — | $1.6m | |
| Deferred tax liabilities (including amounts of the consolidated VIE and its subsidiaries without recourse to the Company of RMB10,971 and RMB10,100 as of December 31, 2024 and 2025, respectively) | $575k | $530k | $605k | $4.9m | $12.5m | $12.0m | $14.9m | $14.4m | |
| Long Term Debt And Capital Lease Obligation | — | — | — | — | $176.0m | $129.3m | $24.1m | $22.0m | |
| Non Current Deferred Taxes Liabilities | — | — | — | — | $12.5m | $12.0m | $14.9m | $14.4m | |
| Pensionand Other Post Retirement Benefit Plans Current | — | — | — | — | $14.7m | $1.2m | $305k | $5.7m | |
| Deferred Tax Liabilities, Net | $575k | $530k | $605k | $4.9m | $12.5m | — | — | — | |
| Liabilities | $297.5m | $52.1m | $132.9m | $234.8m | $108.4m | $75.6m | $62.3m | $72.4m | |
| Total liabilities | $297.5m | $362.8m | $867.3m | $1.5b | $747.6m | $536.6m | $455.0m | $506.3m | |
| Stockholders’ equity: | |||||||||
| Common Stock, Value, Issued | $31k | $5k | — | — | — | — | — | — | |
| Additional Paid in Capital | $2.8m | $9.3m | $135.6m | $140.7m | $131.2m | $127.6m | $124.7m | $130.2m | |
| Retained Earnings (Accumulated Deficit) | ($388.9m) | ($53.7m) | ($60.1m) | ($78.5m) | ($77.0m) | ($64.5m) | ($62.9m) | ($65.0m) | |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | $295k | $59k | ($3.4m) | ($4.3m) | ($2.6m) | ($2.0m) | ($1.8m) | ($2.1m) | |
| Treasury stock (50,414,900 and 50,414,900 shares as of December 31, 2024 and 2025, respectively) | — | — | ($2.1m) | ($9.5m) | ($15.3m) | ($28.6m) | ($29.5m) | ($29.5m) | |
| Accumulated other comprehensive loss | $295k | $414k | ($22.0m) | ($27.3m) | ($17.7m) | ($14.1m) | ($12.9m) | ($14.7m) | |
| Accumulated deficit | ($388.9m) | ($374.0m) | ($392.3m) | ($499.9m) | ($531.1m) | ($458.2m) | ($458.9m) | ($454.8m) | |
| Capital Stock | — | — | — | — | $72k | $72k | $73k | $73k | |
| Gains Losses Not Affecting Retained Earnings | — | — | — | — | ($17.7m) | ($14.1m) | ($12.9m) | ($14.7m) | |
| Treasury Stock | — | — | — | — | $15.3m | $28.6m | $29.5m | $29.5m | |
| Stockholders' Equity Attributable to Parent | ($385.8m) | ($44.3m) | $71.8m | $56.5m | $49.4m | $57.1m | $56.0m | $58.8m | |
| Stockholders' Equity Attributable to Noncontrolling Interest | $542k | — | — | $133k | $166k | $740k | $2.8m | $2.9m | |
| Minority Interest | — | — | — | — | $1.1m | $5.3m | $20.5m | $20.6m | |
| Total Equity Gross Minority Interest | — | — | — | — | $342.0m | $410.4m | $429.2m | $431.8m | |
| Total Non Current Liabilities Net Minority Interest | — | — | — | — | $188.5m | $141.5m | $39.6m | $47.7m | |
| Liabilities and Equity | $334.1m | $73.1m | $204.7m | $291.5m | $158.0m | $133.4m | $121.1m | $134.2m | |
| Total liabilities and shareholders' equity | $334.1m | $508.8m | $1.3b | $1.9b | $1.1b | $947.0m | $884.2m | $938.2m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.