STOCK TITAN

Premiums surge as Huize (NASDAQ: HUIZ) swings to non-GAAP profit

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(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Huize Holding Ltd (HUIZ) reported significantly improved results for the first half of 2026, with gross written premiums facilitated on its platform reaching RMB4.20 billion, up 29.8% year-over-year. First year premiums grew 48.7% to RMB2.76 billion, while renewal premiums rose 4.2% to RMB1.43 billion.

Operating revenue increased 5.8% to RMB719.8 million as both new and renewal business expanded. Cost discipline and AI-driven efficiency gains helped lift operating profit to RMB21.5 million from RMB4.9 million. Net profit attributable to common shareholders jumped to RMB25.3 million from RMB2.3 million, and non-GAAP net profit swung from a RMB3.3 million loss to a RMB3.1 million profit. The expense-to-income ratio improved by 1.8 percentage points to 24.2%. Huize added about 789,000 new customers and maintained 13th- and 25th‑month persistency ratios above 95% for long-term life and health products, while cash and cash equivalents were RMB241.4 million as of June 30, 2026.

Positive

  • Net profit attributable to common shareholders surged to RMB25.3 million from RMB2.3 million year-over-year, reflecting much stronger profitability.
  • Gross written premiums grew 29.8% to RMB4.20 billion, with first year premiums up 48.7% to RMB2.76 billion, indicating robust new business momentum.
  • Non-GAAP net result improved from a RMB3.3 million loss to a RMB3.1 million profit, helped by a 31.4% reduction in general and administrative expenses and a lower 24.2% expense-to-income ratio.

Negative

  • None.

Filing Explained

Non-GAAP profit excludes share-based compensation and supplements, rather than replaces, the GAAP result.

The company’s Form 6-K furnishes unaudited first-half results; as of June 30, 2026, its balance sheet showed RMB241,399 thousand of cash and cash equivalents against RMB474,250 thousand of current liabilities, so cash was lower than current liabilities on that reported date.

The filing defines non-GAAP net profit attributable to common shareholders as the GAAP result excluding share-based compensation expenses.

It also states that this non-GAAP measure is supplemental and is not a substitute for the company’s U.S. GAAP results.

Gross written premiums (GWP) RMB4,196.4 million For the six months ended June 30, 2026; up 29.8% year-over-year
First year premiums (FYP) RMB2,763.0 million For the six months ended June 30, 2026; up 48.7% year-over-year
Operating revenue RMB719.8 million For the six months ended June 30, 2026; up 5.8% from RMB680.5 million
Net profit attributable to common shareholders RMB25.3 million For the six months ended June 30, 2026; up from RMB2.3 million
Non-GAAP net profit attributable to common shareholders RMB3.1 million For the six months ended June 30, 2026; vs non-GAAP net loss RMB3.3 million in 2025
Expense-to-income ratio 24.2% For the first half of 2026; improved by 1.8 percentage points year-over-year
Cash and cash equivalents RMB241.4 million Balance as of June 30, 2026; vs RMB250.8 million as of December 31, 2025
gross written premiums financial
"GWP facilitated on our platform was RMB4,196.4 million"
Gross written premiums are the total amount of money an insurance company charges for all the policies it sells during a specific period, before subtracting any costs or claims. It's like the total sales a store makes from all its products before deducting expenses. This figure shows how much business the insurer is taking on and helps gauge its size and growth.
first year premiums financial
"Within GWP facilitated in the first half of 2026, FYP accounted for RMB2,763.0"
The total amount of money an insurance company expects to collect from new policies during their first year of coverage, typically measured when the policy is sold or the premium is billed. Investors watch this number like a store’s new-customer sales: it shows how well the company is attracting new business, fuels short-term revenue, and—when compared with renewals—helps signal future earnings stability and growth potential.
persistency ratios financial
"13th- and 25th-month persistency ratios for long-term life and health"
Persistency ratios measure the share of insurance policies or premium volume that remain active over a specified period (for example, 12 or 24 months) rather than being cancelled, surrendered, or lapsing. They matter to investors because higher persistency signals steadier, more predictable revenue and lower customer replacement costs—like a subscription service that keeps renewals—while poor persistency can indicate product, pricing, or distribution problems that hurt future earnings.
non-GAAP net profit financial
"Non-GAAP net profit attributable to common shareholders was RMB3.1 million"
Non-GAAP net profit is a company's reported profit after management removes certain expenses or adds back items that standard accounting rules (GAAP) would normally include. Investors use it to see an adjusted view of recurring business performance—like looking at a household's monthly budget after taking out a one-time repair—so they can compare operational trends, but it can vary by company and should be reviewed alongside the standard GAAP figures.
expense-to-income ratio financial
"helped improve our expense-to-income ratio by 1.8 percentage points"
Expense-to-income ratio measures the share of a company’s income that is consumed by its operating costs, found by dividing total expenses by total income over the same period. It matters to investors because a lower ratio means the business keeps more revenue as profit—like a household with smaller bills—while a higher ratio indicates thin margins, less flexibility in downturns, and potentially weaker returns or valuation.
multi-agent architecture technical
"AI App completed its upgrade to a phase 2.0 multi-agent architecture"
A multi-agent architecture is a software design where many independent programs, called agents, work together like a team of specialists each handling different tasks — sensing situations, making decisions, and coordinating actions. For investors, it matters because this setup can speed up automation, improve resilience and decision quality, and enable complex services (trading, risk monitoring, diagnostics) to scale or fail more gracefully, which can affect costs, performance, and regulatory compliance.

FAQ

How did Huize (HUIZ) perform financially in the first half of 2026?

Huize reported RMB719.8 million in operating revenue, up 5.8% year-over-year, and net profit attributable to common shareholders of RMB25.3 million, up from RMB2.3 million a year earlier. Operating profit increased to RMB21.5 million from RMB4.9 million.

What were Huize (HUIZ) gross written premiums and growth rates in first half 2026?

Gross written premiums facilitated on Huize’s platform were RMB4,196.4 million in the first half of 2026, a 29.8% increase from RMB3,233.7 million in the same period of 2025. First year premiums rose 48.7% to RMB2,763.0 million.

How did Huize (HUIZ) non-GAAP net profit change in the first half of 2026?

Non-GAAP net profit attributable to common shareholders was RMB3.1 million in the first half of 2026, compared with a non-GAAP net loss of RMB3.3 million in the same period of 2025. The adjustment excludes share-based compensation expenses.

How strong were Huize (HUIZ) customer metrics and persistency in early 2026?

Huize added approximately 789,000 new customers in the first half of 2026. For long-term life and health products, both 13th- and 25th‑month persistency ratios remained above 95% as of May 31, 2026, indicating high customer retention.

What was Huize (HUIZ) cash position as of June 30, 2026?

As of June 30, 2026, Huize held RMB241.4 million (US$35.6 million) in cash and cash equivalents, compared with RMB250.8 million as of December 31, 2025.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of August 2026

Commission File Number: 001-39216

 

 

Huize Holding Limited

(Registrant’s Name)

 

 

49/F, Building T1, Qianhai Financial Centre, Linhai Avenue,

Qianhai Shenzhen-Hong Kong Cooperation Zone, Shenzhen 518000

People’s Republic of China

(Address of Principal Executive Offices)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F  ☒    Form  40-F  ☐

 

 
 


EXHIBIT INDEX

 

Exhibit No.    Description
99.1    Press Release — Huize Holding Limited Reports Unaudited Financial Results for the First Half of 2026


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Huize Holding Limited
By :  

/s/ Ronald Tam

Name :   Ronald Tam
Title :   Co-Chief Financial Officer

Date: August 20, 2026

Exhibit 99.1

Huize Holding Limited Reports Unaudited Financial Results for the First Half of 2026

SHENZHEN, China, Aug. 20, 2026 (GLOBE NEWSWIRE) — Huize Holding Limited (“Huize”, the “Company” or “we”) (NASDAQ: HUIZ), a leading insurance technology platform connecting consumers, insurance carriers, and distribution partners digitally through data-driven and AI-powered solutions in Asia, today announced its unaudited financial results for the first half ended June 30, 2026.

First Half 2026 Financial and Operational Highlights

 

   

Insurance premiums reached new highs: Gross written premiums (“GWP”) rose to an all-time high of RMB4,196.4 million in the first half of 2026, representing an increase of 29.8% year-over-year. First-year premiums (“FYP”) recorded a strong 48.7% year-over-year growth to RMB2,763.0 million. This robust performance was underpinned by our high-quality customer franchise, consistently high persistency ratios, and broad product portfolio tailored to consumers’ evolving financial and protection needs.

 

   

Sustained revenue growth and improved operating leverage: Total revenue rose 5.8% year-over-year to RMB719.8 million in the first half of 2026. Our expense-to-income ratio improved by 1.8 percentage points year-over-year to 24.2%, reflecting continued operating discipline and efficiency gains, supported by broader adoption of AI-enabled tools and workflow optimization. Consequently, our GAAP net profit attributable to common shareholders increased to RMB25.3 million in the first half of 2026.

 

   

Cumulative number of insurance clients served increased to 13.1 million as of June 30, 2026. We worked with 159 insurer partners in mainland China and internationally as of June 30, 2026, including 90 life and health insurance companies and 69 property and casualty insurance companies.

 

   

Cash and cash equivalents were RMB241.4 million (US$35.6 million) as of June 30, 2026.

Mr. Cunjun Ma, Founder and CEO of Huize, commented, “As we celebrate our 20 th anniversary, we are pleased to report another strong set of results. GWP reached a record high of RMB4.2 billion and FYP increased by 48.7% year-over-year to RMB2.8 billion in the first half of 2026. The integration of our proprietary AI capabilities across the organization, together with disciplined execution and operating efficiency gains, supported a sharp improvement in profitability, with net profit attributable to common shareholders increasing to RMB25.3 million. These achievements underscore the resilience of our business model and reaffirm its long-term viability in a rapidly changing market.”

“We continue to harness our advanced AI solutions to acquire high-quality, mass-affluent customers and deepen customer engagement. In the first half of 2026, we added approximately 789,000 new customers. The average age of customers purchasing long-term insurance products was 35.3 years, with 62.5% residing in tier-two cities and above. As of May 31, 2026, both our 13th- and 25th-month persistency ratios for long-term life and health insurance products remained at industry-high levels of over 95%, attesting to the strong loyalty of our customers and the widespread appeal of our tailored product offerings.”

“To address the full spectrum of lifetime financial and protection needs for our customers, we maintain close collaboration with insurer partners in co-developing and optimizing customized products. Against the backdrop of an aging demographic and growing demand for sophisticated financial planning, we launched ‘Bliss 5.0’ and ‘Dajia Hui Xuan 2026’, two participating annuity products offering premium and diversified retirement planning options. During the first half of 2026, we also unveiled ‘Darwin No.15 Kids Protection’, the latest iteration of our popular Darwin series of customized critical illness insurance products for children. Together, these new products further strengthen our differentiated portfolio of customized insurance products and support sustainable long-term growth.”

“We continued to advance our three-pillar AI strategy. First, we scaled proprietary AI applications across the organization, embedding AI into core workflows such as customer service and claims processing while building a more scalable operating model. Alongside disciplined cost management, these efforts helped improve our expense-to-income ratio by 1.8 percentage points year-over-year to 24.2% in the first half. Second, our AI App completed its upgrade to a phase 2.0 multi-agent architecture, with users increasingly turning to AI for insurance consultation, product understanding, and preliminary planning. We also launched a new AI-powered financial planning feature that generates customized family financial plans tailored to each household’s unique protection needs. Among active users, the feature achieved a 45% report generation rate, reflecting the evolution of user engagement from single-point service delivery toward more comprehensive advisory planning. Finally, we are accelerating the intelligent transformation of our platform by introducing advanced AI agents across the front, middle, and back offices. In parallel, we are integrating our AI capabilities with our knowledge base to help insurer partners design and optimize products that better respond to customers’ evolving financial and protection needs.”


First Half 2026 Financial Results

GWP and operating revenue

GWP facilitated on our platform was RMB4,196.4 million (US$618.5 million) in the first half of 2026, representing an increase of 29.8% from RMB3,233.7 million in the same period of 2025. Within GWP facilitated in the first half of 2026, FYP accounted for RMB2,763.0 million (or 65.8% of total GWP), representing an increase of 48.7% year-over-year. Renewal premiums accounted for RMB1,433.4 million (or 34.2% of total GWP), representing an increase of 4.2% year-over-year.

Operating revenue was RMB719.8 million (US$106.1 million) in the first half of 2026, representing an increase of 5.8% from RMB680.5 million in the same period of 2025. The increase was primarily driven by growth in both FYP facilitated and renewal premiums.

Operating costs

Operating costs were RMB523.7 million (US$77.2 million) in the first half of 2026, representing an increase of 5.1% from RMB498.2 million in the same period of 2025, primarily due to an increase in channel expenses.

Operating expenses

Selling expenses were RMB109.8 million (US$16.2 million) in the first half of 2026, representing an increase of 10.0% from RMB99.8 million in the same period of 2025, primarily due to an increase in advertising and marketing expenses.

General and administrative expenses were RMB33.0 million (US$4.9 million) in the first half of 2026, representing a decrease of 31.4% from RMB48.2 million in the same period of 2025. This decrease was primarily due to a decrease in share-based compensation expenses and office expenses.

Research and development expenses were RMB31.7 million (US$4.7 million) in the first half of 2026, representing an increase of 7.8% from RMB29.4 million in the same period of 2025, primarily due to the increase in external technical service costs in support of our technology development initiatives.

Net profit and non-GAAP net profit for the period

Net profit attributable to common shareholders was RMB25.3 million (US$3.7 million) in the first half of 2026, compared to net profit attributable to common shareholders of RMB2.3 million in the same period of 2025. Non-GAAP net profit attributable to common shareholders was RMB3.1 million (US$0.5 million) in the first half of 2026, compared to non-GAAP net loss attributable to common shareholders of RMB3.3 million in the same period of 2025.

Cash and cash equivalents

As of June 30, 2026, the Company’s cash and cash equivalents amounted to RMB241.4 million (US$35.6 million), compared to RMB250.8 million as of December 31, 2025.

Conference Call

The Company’s management team will hold an earnings conference call at 8:00 A.M. Eastern Time on Thursday, August 20, 2026 (8:00 P.M. Beijing/Hong Kong Time on Thursday, August 20, 2026). Details of the conference call are as follows:

Event Title: Huize Holding Limited’s First Half 2026 Earnings Conference Call

Registration Link: https://register-conf.media-server.com/register/BI3e1c9859199c423aa4a0dea7b00027a2

All participants must use the link provided above to complete the online registration before the conference call. Upon registration, each participant will receive a confirmation email containing dial-in numbers and a unique access PIN for joining the conference call.

Additionally, a live and archived webcast of the conference call will be available on the Company’s investor relations website at http://ir.huize.com.

About Huize Holding Limited

Huize Holding Limited is a leading insurance technology platform connecting consumers, insurance carriers and distribution partners digitally through data-driven and AI-powered solutions in Asia. Targeting mass affluent consumers, Huize is dedicated to serving consumers for their life-long insurance needs. Its online-to-offline integrated insurance ecosystem covers the entire insurance life cycle and offers consumers a wide spectrum of insurance products, one-stop services, and a streamlined transaction experience across all scenarios. By leveraging AI, data analytics, and digital capabilities, Huize empowers the insurance service chain with proprietary technology-enabled solutions for insurance consultation, user engagement, marketing, risk management, and claims service.

For more information, please visit http://ir.huize.com or follow us on social media via LinkedIn (https://www.linkedin.com/company/huize-holding-limited), X (https://x.com/huizeholding) and Webull (https://www.webull.com/quote/nasdaq-huiz).

Use of Non-GAAP Financial Measure Statement

In evaluating our business, we consider and use non-GAAP net profit/(loss) attributable to common shareholders as a supplemental measure to review and assess our operating performance. The presentation of the non-GAAP financial measure is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with U.S. GAAP. We define non-GAAP net profit/(loss) attributable to common shareholders as net profit/(loss) attributable to common shareholders excluding share-based compensation expenses. Such adjustments have no impact on income tax because either the non-GAAP adjustments were recorded at entities located in tax free jurisdictions, such as the Cayman Islands or because the non-GAAP adjustments were recorded at operating entities located in the PRC for which the non-GAAP adjustments were not deductible for tax purposes.

We present the non-GAAP financial measure because it is used by our management to evaluate our operating performance and formulate business plans. Non-GAAP net profit/(loss) attributable to common shareholders enables our management to assess our operating results without considering the impact of share-based compensation expenses. We also believe that the use of this non-GAAP financial measure facilitates investors’ assessment of our operating performance.

This non-GAAP financial measure is not defined under U.S. GAAP and is not presented in accordance with U.S. GAAP. The non-GAAP financial measure has limitations as an analytical tool. One of the key limitations of using adjusted net profit/(loss) attributable to common shareholders is that it does not reflect all items of income and expense that affect our operations. Further, the non-GAAP financial measure may differ from the non-GAAP financial information used by other companies, including peer companies, and therefore their comparability may be limited.

The non-GAAP financial measure should not be considered in isolation or construed as an alternative to net profit/(loss) attributable to common shareholders or any other measure of performance or as an indicator of our operating performance. Investors are encouraged to review the historical non-GAAP financial measure in light of the most directly comparable GAAP measure, as shown below. The non-GAAP financial measure presented here may not be comparable to similarly titled measure presented by other companies. Other companies may calculate similarly titled measures differently, limiting the usefulness of such measures when analyzing our data comparatively. We encourage investors and others to review our financial information in its entirety and not rely on a single financial measure.


Exchange Rate Information

This announcement contains translations of certain RMB amounts into U.S. dollars at a specified rate solely for the convenience of the reader. Unless otherwise noted, all translations from RMB to U.S. dollars and from U.S. dollars to RMB are made at a rate of RMB6.7851 to US$1.00, the exchange rate on June 30, 2026, set forth in the H.10 statistical release of the Federal Reserve Board. The Company makes no representation that the RMB or U.S. dollars amounts referred could be converted into U.S. dollars or RMB, as the case may be, at any particular rate or at all.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about Huize’s beliefs and expectations, are forward-looking statements. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Among other things, business outlook and quotations from management in this announcement, contain forward-looking statements. Huize may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Huize’s goal and strategies; Huize’s expansion plans; Huize’s future business development, financial condition and results of operations; Huize’s expectation regarding the demand for, and market acceptance of, its online insurance products; Huize’s expectations regarding its relationship with insurer partners and insurance clients and other parties it collaborates with; general economic and business conditions; and assumptions underlying or related to any of the foregoing.

Further information regarding these and other risks is included in Huize’s filings with the SEC. All information provided in this press release is as of the date of this press release, and Huize does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For investor and media inquiries, please contact:

Investor Relations

investor@huize.com

Media Relations

mediacenter@huize.com

Christensen Advisory

Dolly Zhang

Phone: +852 6996 4179

Email: dolly.zhang@christensencomms.com


Huize Holding Limited

Unaudited Condensed Consolidated Balance Sheets

(all amounts in thousands, except for share and per share data)

 

     As of December 31      As of June 30  
     2025      2026  
     RMB      RMB      USD  

Assets

        

Current assets

        

Cash and cash equivalents

     250,826        241,399        35,578  

Restricted cash

     51,473        25,921        3,820  

Short-term investments

     2,936        2,568        378  

Contract assets, net of allowance

     86,249        104,806        15,447  

Accounts receivables, net of allowance

     172,539        219,161        32,301  

Insurance premium receivables

     1,141        1,512        223  

Amounts due from related parties

     4,315        5,109        753  

Prepaid expense and other receivables

     89,504        80,349        11,842  
  

 

 

    

 

 

    

 

 

 

Total current assets

     658,983        680,825        100,342  
  

 

 

    

 

 

    

 

 

 

Non-current assets

        

Restricted cash

     29,683        29,702        4,378  

Contract assets, net of allowance

     45,574        46,566        6,863  

Property, plant and equipment, net

     38,242        35,548        5,239  

Intangible assets, net

     66,013        67,310        9,920  

Long-term investments

     65,012        72,453        10,679  

Operating lease right-of-use assets

     19,349        14,479        2,134  

Goodwill

     14,075        14,075        2,074  

Other assets

     1,236        1,236        182  
  

 

 

    

 

 

    

 

 

 

Total non-current assets

     279,184        281,369        41,469  
  

 

 

    

 

 

    

 

 

 

Total assets

     938,167        962,194        141,811  
  

 

 

    

 

 

    

 

 

 

Liabilities and Shareholders’ Equity

Current liabilities

        

Short-term borrowings

     53,000        57,732        8,509  

Accounts payable

     194,951        270,183        39,819  

Insurance premium payables

     41,295        31,606        4,658  

Other payables and accrued expenses

     41,965        23,915        3,525  

Payroll and welfare payable

     81,813        55,049        8,113  

Income taxes payable

     7,953        13,966        2,059  

Operating lease liabilities

     17,275        16,910        2,492  

Amount due to related parties

     20,415        4,889        722  
  

 

 

    

 

 

    

 

 

 

Total current liabilities

     458,667        474,250        69,897  
  

 

 

    

 

 

    

 

 

 

Non-current liabilities

        

Long-term borrowings

     6,990        —         —   

Deferred tax liabilities

     14,380        14,325        2,111  

Operating lease liabilities

     14,966        6,810        1,004  

Payroll and welfare payable

     48        12        2  

Other non-current liability

     11,269        17,726        2,612  
  

 

 

    

 

 

    

 

 

 

Total non-current liabilities

     47,653        38,873        5,729  
  

 

 

    

 

 

    

 

 

 

Total liabilities

     506,320        513,123        75,626  
  

 

 

    

 

 

    

 

 

 

Shareholders’ equity

        

Class A common shares

     63        63        9  

Class B common shares

     10        10        1  

Treasury stock

     (29,513      (29,513      (4,350

Additional paid-in capital

     910,209        911,046        134,272  

Accumulated other comprehensive loss

     (14,695      (18,552      (2,734

Accumulated deficits

     (454,845      (429,507      (63,301
  

 

 

    

 

 

    

 

 

 

Total shareholders’ equity attributable to Huize Holding Limited shareholders

     411,229        433,547        63,897  

Non-controlling interests

     20,618        15,524        2,288  
  

 

 

    

 

 

    

 

 

 

Total shareholders’ equity

     431,847        449,071        66,185  
  

 

 

    

 

 

    

 

 

 

Total liabilities and shareholders’ equity

     938,167        962,194        141,811  
  

 

 

    

 

 

    

 

 

 


Huize Holding Limited

Unaudited Condensed Consolidated Statements of Comprehensive Income/(Loss)

(all amounts in thousands, except for share and per share data)

 

     For the Six Months Ended June 30,  
   2025      2026  
   RMB      RMB      USD  

Operating revenue

        

Brokerage income

     656,394        687,970        101,394  

Other income

     24,141        31,861        4,696  
  

 

 

    

 

 

    

 

 

 

Total operating revenue

     680,535        719,831        106,090  
  

 

 

    

 

 

    

 

 

 

Operating costs and expenses

        

Cost of revenue

     (495,248      (519,972      (76,635

Other cost

     (2,996      (3,769      (555
  

 

 

    

 

 

    

 

 

 

Total operating costs

     (498,244      (523,741      (77,190
  

 

 

    

 

 

    

 

 

 

Selling expenses

     (99,775      (109,768      (16,178

General and administrative expenses

     (48,163      (33,048      (4,871

Research and development expenses

     (29,441      (31,733      (4,677
  

 

 

    

 

 

    

 

 

 

Total operating costs and expenses

     (675,623      (698,290      (102,916
  

 

 

    

 

 

    

 

 

 

Operating profit

     4,912        21,541        3,174  
  

 

 

    

 

 

    

 

 

 

Other income/(expenses)

        

Interest income

     1,445        1,555        229  

Unrealized exchange (loss)/income

     (769      318        47  

Investment loss

     (1,369      (247      (36

Others, net

     1,182        1,756        258  
  

 

 

    

 

 

    

 

 

 

Profit before income tax, and share of (loss)/profit of equity method investee

     5,401        24,923        3,672  
  

 

 

    

 

 

    

 

 

 

Share of (loss)/profit of equity method investee

     (1,671      3,343        493  
  

 

 

    

 

 

    

 

 

 

Income tax expense

     (3,424      (8,022      (1,182
  

 

 

    

 

 

    

 

 

 

Net profit

     306        20,244        2,983  
  

 

 

    

 

 

    

 

 

 

Net loss attributable to non-controlling interests

     (1,983      (5,094      (751
  

 

 

    

 

 

    

 

 

 

Net profit attributable to Huize Holding Limited

     2,289        25,338        3,734  
  

 

 

    

 

 

    

 

 

 

Net profit

     306        20,244        2,983  

Foreign currency translation adjustment, net of tax

     (470      (3,857      (568

Comprehensive (loss)/ profit

     (164      16,387        2,415  
  

 

 

    

 

 

    

 

 

 

Comprehensive loss attributable to non-controlling interests

     (1,983      (5,094      (751
  

 

 

    

 

 

    

 

 

 

Comprehensive income attributable to Huize Holding Limited

     1,819        21,481        3,166  
  

 

 

    

 

 

    

 

 

 

Weighted average number of common shares used in computing net profit per share

        

Basic and diluted

     1,008,857,623        1,014,288,339        1,014,288,339  

Net profit per share attributable to common shareholders

        

Basic and diluted

     0.00        0.02        0.00  

Huize Holding Limited

Unaudited Reconciliations of GAAP and Non-GAAP Results

(all amounts in thousands, except for share and per share data)

 

     For the Six Months Ended June 30,  
     2025      2026  
     RMB      RMB      USD  

Net profit attributable to common shareholders

     2,289        25,338        3,734  

Share-based compensation expenses

     (5,630      (22,256      (3,280
  

 

 

    

 

 

    

 

 

 

Non-GAAP net (loss)/profit attributable to common shareholders

     (3,341      3,082        454  
  

 

 

    

 

 

    

 

 

 

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