The firm's capital base appears stagnant, with total equity remaining range-bound between $354.2 million and $412.6 million over the last ten quarters, while claims reserves have escalated to $287.8 million as of 2025Q2.
| Total Assets | 902.17M | 938.76M | 884.2M | 947.01M | 1.09B | 1.86B | 1.34B | 508.81M | 334.08M | 165.78M |
| Asset Growth % | -15.62% | 6.17% | -6.63% | -13.09% | -41.34% | 39.03% | 162.57% | 52.3% | 101.53% | - |
| Total Investment Assets | 4M | 97.69M | 71.72M | 85.57M | 77.31M | 73M | 46.08M | 23.39M | 21.57M | 17.77M |
| Long-Term Investments | 268.67M | 94.76M | 66.72M | 76.69M | 77.31M | 73M | 46.08M | 23.39M | 21.57M | 17.77M |
| Short-Term Investments | 3.2M | 2.94M | 5M | 8.88M | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Assets | 635.8M | 529.14M | 599.01M | 606.46M | 750.74M | 1.42B | 1.01B | 461.52M | 300.99M | 138.43M |
| Cash & Equivalents | 238.5M | 302.49M | 233.21M | 249.26M | 277.17M | 381.16M | 404.62M | 88.14M | 6.64M | 12.26M |
| Receivables | 1.27B | 313.88M | 269.61M | 299.87M | 374.65M | 778.48M | 234.78M | 182.72M | 117.58M | 73.7M |
| Other Current Assets | 43.85M | -90.16M | 62.04M | 48.45M | 228.5M | 6.45M | 1.36M | 25.83M | 176.77M | 52.47M |
| Goodwill & Intangibles | 329.99M | 80.14M | 83.38M | 51.2M | 53.96M | 22.09M | 2.49M | 1.65M | 1.2M | 1.21M |
| Goodwill | 14.07M | 14.07M | 14.54M | 461K | 461K | 461K | 461K | 0 | 0 | 0 |
| Intangible Assets | 66.8M | 66.01M | 68.84M | 50.74M | 53.5M | 21.63M | 2.03M | 1.65M | 1.2M | 1.21M |
| PP&E (Net) | 58.49M | 57.63M | 67.8M | 170.05M | 200.7M | 296.28M | 277.6M | 8.01M | 6.35M | 8.37M |
| Other Assets | 65.39M | 177.1M | 67.3M | 42.6M | 6.91M | 44.8M | 838K | 14.16M | 3.83M | 0 |
| Total Liabilities | 472.74M | 506.64M | 454.95M | 536.59M | 747.59M | 1.5B | 867.29M | 817.46M | 297.55M | 551.15M |
| Total Debt | 92.04M | 92.29M | 90.83M | 176.25M | 336.11M | 500.78M | 350.27M | 36.88M | 48.87M | 23.03M |
| Net Debt | -146.46M | -210.2M | -142.38M | -73.01M | 58.94M | 119.62M | -54.35M | -51.26M | 42.23M | 10.77M |
| Long-Term Debt | 6.99M | 6.99M | 0 | 0 | 0 | 20M | 53.86M | 0 | 15.8M | 23.03M |
| Short-Term Debt | 53M | 53M | 50M | 30M | 150M | 216.71M | 31.54M | 36.88M | 33.06M | 0 |
| Total Current Liabilities | 429.23M | 70.32M | 415.35M | 395.04M | 559.07M | 1.22B | 556.57M | 361.78M | 281.17M | 160.65M |
| Accounts Payable | 288.84M | 236.25M | 258.1M | 249.42M | 188.56M | 527.93M | 138.41M | 57.05M | 16.94M | 117.15M |
| Deferred Revenue | 0 | 0 | 0 | 4.16M | 6.43M | 7.24M | 0 | 0 | 5.54M | 0 |
| Other Current Liabilities | 0 | -371.27M | 2.81M | 9.59M | 109.78M | 270.54M | 6.78M | 5.02M | 4.29M | 137.1M |
| Deferred Taxes | 59.48M | 1000K | 1000K | 1000K | 1000K | 1000K | 605K | 530K | 575K | 248K |
| Other Liabilities | 5.53M | 399.96M | 649K | 12.25M | 0 | 225K | 4.16M | 455.14M | 575K | 367.23M |
| Total Equity | 429.43M | 432.12M | 429.24M | 410.42M | 342.02M | 360.91M | 468.68M | -308.65M | 36.53M | -385.37M |
| Equity Growth % | 22.32% | 0.67% | 4.59% | 20% | -5.23% | -22.99% | 251.85% | -944.81% | 109.48% | - |
| Shareholders Equity | 410.56M | 411.49M | 408.74M | 405.15M | 340.88M | 360.06M | 468.68M | -308.65M | 35.99M | -386.1M |
| Minority Interest | 18.87M | 20.63M | 20.5M | 5.26M | 1.15M | 849K | 0 | 0 | 542K | 734K |
| Retained Earnings | -456.6M | -455.13M | -458.89M | -458.24M | -531.13M | -499.94M | -392.27M | -373.98M | -388.88M | -392.04M |
| Common Stock | 73K | 73.04K | 73K | 72K | 72K | 72K | 72K | 33K | 62K | 31K |
| Accumulated OCI | -13.33M | -14.7M | -12.86M | -14.06M | -17.7M | -27.3M | -21.97M | 414K | 295K | -367.23M |
| Return on Equity (ROE) | 4.24% | 0.91% | -0.15% | 18.66% | -8.87% | -25.96% | -22.86% | - | 8.63% | - |
| Return on Assets (ROA) | 1.98% | 0.43% | -0.07% | 6.89% | -2.12% | -6.74% | -1.98% | 3.54% | 1.26% | -58.62% |
| Equity / Assets | 47.6% | 46.03% | 48.55% | 43.34% | 31.39% | 19.43% | 35.08% | -60.66% | 10.94% | -232.46% |
| Debt / Equity | 0.21x | 0.21x | 0.21x | 0.43x | 0.98x | 1.39x | 0.75x | - | 1.34x | - |
| Book Value per Share | 851.32 | 856.40 | 846.80 | 165.81 | 133.87 | 141.28 | 194.51 | -120.29 | 16.04 | -346.19 |
| Tangible BV per Share | 691.00 | 697.68 | 682.32 | 145.12 | 112.75 | 132.63 | 193.48 | -120.93 | 15.51 | -347.27 |
Regulatory commission structure shifts
As reported in financial statements, Huize's total equity has remained largely range-bound between $354.2 million and $412.6 million over the last ten quarters, suggesting that the firm is struggling to generate meaningful retained earnings to bolster its capital base despite periodic fluctuations in top-line revenue growth.
The lack of consistent upward momentum in equity suggests that the company's profitability is insufficient to drive significant organic capital accumulation. Investors should monitor whether this stagnation reflects a structural inability to scale earnings or a deliberate strategy to manage capital in a highly restrictive regulatory environment.
Based on recent quarterly data, claims and loss reserves reached $287.8 million in 2025Q2, a substantial increase from the $136.3 million recorded in 2023Q4, indicating that the company is facing an intensifying liability profile that may necessitate higher capital allocations to maintain solvency and meet future obligations.
The rapid growth in claims relative to the company's total asset base suggests that the underlying insurance products may be experiencing higher-than-anticipated loss ratios. This trend warrants further investigation into whether the current reserve levels are adequate to cover long-tail liabilities in a volatile macroeconomic environment.
According to the provided balance sheet figures, total liabilities have fluctuated significantly, peaking at $686.7 million in 2023Q1 before moderating to $472.7 million in 2025Q2, which suggests that the firm's capital adequacy is highly sensitive to the shifting composition of its insurance portfolio and external regulatory pressures.
The volatility in total liabilities relative to a relatively stable equity base indicates a fluctuating leverage profile that may limit the company's capacity for strategic M&A or aggressive expansion. The firm appears to be operating with a narrow margin of safety, making it vulnerable to sudden adverse developments in its core insurance lines.
As indicated by the company's financial disclosures, the reliance on contract assets to represent future renewal commissions introduces significant estimation risk, as these assets may require impairment if policy persistency rates decline below the actuarial assumptions currently embedded in the firm's reported balance sheet valuations.
The reliance on non-cash contract assets to bolster the balance sheet may mask the true underlying liquidity of the firm. If the current economic climate in China leads to higher-than-expected policy lapses, these assets could be subject to significant write-downs, potentially impairing the company's reported equity position.
Quick answers to the most common questions about buying HUIZ stock.
As of 2025, Huize Holding Limited (HUIZ) had total assets of $938.8M including $529.1M in current assets.
Huize Holding Limited (HUIZ) carries total debt of $92.3M, offset by $305.4M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Huize Holding Limited (HUIZ) has total shareholders' equity (book value) of $411.5M ($856.40 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Huize Holding Limited (HUIZ) reported a current ratio of 7.52x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.