Huize Holding Ltd
HUIZ · Insurance Agents, Brokers & Service · EDGAR filings ↗
Reference price $1.69 — last insider purchase, 2026-04-16 (estimated from the dated SEC Form 4 price — not a live quote)
Grade
C58China online insurance broker growing revenue but barely profitable, with a thin ROE and meaningful VIE/PRC governance overhang.
Strengths
- Revenue growth 27% (71st pct) with 158 insurer partners and low debt (debt/equity 26th pct)
- Adequate liquidity (current ratio 1.44) and positive free cash flow
Risks
- ROE ~1% (37th pct) and net margin 0.3%; net income collapsed (growth -7.2x, 7th pct)
- VIE structure, PRC regulatory/data-security risk, and HFCAA exposure
Notable findings
- Insider buyingInsider buying — 14 open-market buy(s) by 1 insider(s) (~$270,517, last 6mo) Form 4 ↗
Key metrics
Gross margin
30.7%
Operating margin
0.4%
Net margin
0.3%
Return on equity
1.0%
Return on assets
0.4%
ROIC
1.3%
Revenue growth (QoQ)
32.2%
Debt / equity
0.0×
Net debt / EBITDA
-15.2×
Current ratio
1.4×
Free cash flow
$1M
EBITDA
$3M
Tangible book value
$47M
Cash & investments
$46M
Stock comp / revenue
1.2%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-04-16 | Ma Cunjun | Buy | 10K | $1.69 |
| 2026-04-10 | Ma Cunjun | Buy | 5.0K | $1.50 |
| 2026-04-09 | Ma Cunjun | Buy | 100 | $1.45 |
| 2026-04-08 | Ma Cunjun | Buy | 339 | $1.42 |
| 2026-04-03 | Ma Cunjun | Buy | 179 | $1.39 |
| 2026-04-03 | Ma Cunjun | Buy | 179 | $1.39 |
| 2026-04-02 | Ma Cunjun | Buy | 6.0K | $1.42 |
| 2026-04-02 | Ma Cunjun | Buy | 6.0K | $1.42 |
| 2026-04-01 | Ma Cunjun | Buy | 7.8M | $0.01 |
| 2026-04-01 | Ma Cunjun | Buy | 7.8M | $0.01 |
| 2026-03-30 | Ma Cunjun | Buy | 2.0K | $1.42 |
| 2026-03-30 | Ma Cunjun | Buy | 1.0K | $1.39 |
| 2026-03-30 | Ma Cunjun | Buy | 2.0K | $1.42 |
| 2026-03-30 | Ma Cunjun | Buy | 1.0K | $1.39 |
All non-derivative Form 4 activity (SEC), newest first.
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 20-F | 2026-04-24 | 2025-12-31 | 0001193125-26-175067 ↗ |
| 20-F | 2025-04-23 | 2024-12-31 | 0001193125-25-091356 ↗ |
| 20-F | 2024-04-19 | 2023-12-31 | 0001193125-24-101610 ↗ |
| 20-F | 2023-04-19 | 2022-12-31 | 0001193125-23-105776 ↗ |
| 20-F | 2022-04-27 | 2021-12-31 | 0001193125-22-121891 ↗ |
| 20-F | 2021-03-22 | 2020-12-31 | 0001193125-21-088464 ↗ |
| 20-F | 2020-04-24 | 2019-12-31 | 0001193125-20-118223 ↗ |