Huize Holding Limited (HUIZ) Balance Sheet

NASDAQ: HUIZAssets, liabilities, debt and equity over 9 years.

HUIZ balance sheet, 2025

December 31, 2025 · Chinese yuan

CN¥938.8M assets = CN¥506.6M liabilities + CN¥432.1M equity

Both columns are drawn to the same scale: what HUIZ owns equals what it owes plus shareholders’ equity. Hover a block for its value.

HUIZ financial health

Debt / equity0.22

Low leverage · CN¥0.22 of debt for each $1 of equity

Cash / debt330.9%

Cash covers debt · cash & short-term investments vs total debt

Goodwill & intangibles8.5%

Mostly tangible · of total assets

Descriptive bands, not a rating. Fiscal 2025.

HUIZ balance sheet trends, 2017–2025

Huize Holding Limited balance sheet trends
Metric	Then	Latest	Change
Total assets	CN¥165.8M2017	CN¥938.8M2025	+24.2%/yr
Total liabilities	CN¥551.1M2017	CN¥506.6M2025	−1.0%/yr
Shareholders’ equity	−CN¥386.1M2017	CN¥411.5M2025	—
Cash & short-term investments	CN¥12.3M2017	CN¥305.4M2025	+49.5%/yr
Total debt	CN¥23.0M2017	CN¥92.3M2025	+19.0%/yr
Net cash (debt)	−CN¥10.8M2017	CN¥213.1M2025	+CN¥223.9M
Working capital	−CN¥22.2M2017	CN¥588.7M2025	+CN¥610.9M
Debt / equity	1.362018	0.222025	−1.13
Shares outstanding	1.1M2017	505K2025	−9.4%/yr

Change is the average annual growth (CAGR) or the difference between the first and latest year.

HUIZ assets

Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current

HUIZ liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

HUIZ debt vs cash

Total debtCash & ST investmentsNet cash (debt)

Debt includes short- and long-term borrowings and, where reported, lease obligations.

HUIZ balance sheet in Chinese yuan

Huize Holding Limited annual balance sheet
	2025	2024	2023	2022	2021	2020	2019	2018	2017
Assets
Cash & short-term investments	CN¥305.4M	CN¥238.2M	CN¥258.1M	CN¥277.2M	CN¥381.2M	CN¥404.6M	CN¥88.1M	CN¥6.6M	CN¥12.3M
Cash & equivalents	CN¥302.5M	CN¥233.2M	CN¥249.3M	CN¥277.2M	CN¥381.2M	CN¥404.6M	CN¥88.1M	CN¥6.6M	CN¥12.3M
Short-term investments	CN¥2.9M	CN¥5.0M	CN¥8.9M	CN¥0	—	—	—	—	—
Receivables	CN¥313.9M	CN¥269.6M	CN¥299.9M	CN¥374.7M	CN¥778.5M	CN¥234.8M	CN¥182.7M	CN¥117.6M	CN¥73.7M
Inventory	CN¥0	CN¥0	−CN¥224,000	−CN¥192.9M	CN¥181.5M	CN¥324.2M	CN¥159.7M	CN¥163.2M	CN¥41.1M
Other current assets	CN¥39.7M	CN¥91.2M	CN¥48.7M	CN¥291.8M	CN¥79.6M	CN¥44.7M	CN¥31.0M	CN¥13.5M	CN¥11.4M
Total current assets	CN¥659.0M	CN¥599.0M	CN¥606.5M	CN¥750.7M	CN¥1.42B	CN¥1.01B	CN¥461.5M	CN¥301.0M	CN¥138.4M
Property, plant & equipment (net)	CN¥57.6M	CN¥67.8M	CN¥170.1M	CN¥200.7M	CN¥296.3M	CN¥277.6M	CN¥8.0M	CN¥6.4M	CN¥8.4M
Goodwill & intangible assets	CN¥80.1M	CN¥83.4M	CN¥51.2M	CN¥54.0M	CN¥22.1M	CN¥2.5M	CN¥1.7M	CN¥1.2M	CN¥1.2M
Long-term investments	CN¥65.0M	CN¥66.7M	CN¥76.7M	CN¥77.3M	CN¥73.0M	CN¥46.1M	CN¥23.4M	CN¥21.6M	CN¥17.8M
Other non-current assets	CN¥77.1M	CN¥67.3M	CN¥42.6M	CN¥6.9M	CN¥45.4M	CN¥1.4M	CN¥14.2M	CN¥4.0M	CN¥0
Total assets	CN¥938.8M	CN¥884.2M	CN¥947.0M	CN¥1.09B	CN¥1.86B	CN¥1.34B	CN¥508.8M	CN¥334.1M	CN¥165.8M
Liabilities
Accounts payable	CN¥236.2M	CN¥258.1M	CN¥249.4M	CN¥188.6M	CN¥527.9M	CN¥138.4M	CN¥57.0M	CN¥16.9M	CN¥117.1M
Short-term debt	CN¥70.3M	CN¥66.7M	CN¥46.9M	CN¥160.1M	CN¥231.6M	CN¥44.3M	CN¥36.9M	CN¥33.1M	—
Deferred revenue	—	—	CN¥4.2M	CN¥6.4M	CN¥7.2M	—	—	CN¥5.5M	—
Total current liabilities	CN¥70.3M	CN¥415.3M	CN¥395.0M	CN¥559.1M	CN¥1.22B	CN¥556.6M	CN¥361.8M	CN¥281.2M	CN¥160.6M
Long-term debt	CN¥7.0M	CN¥0	CN¥0	CN¥0	CN¥20.0M	CN¥53.9M	CN¥0	CN¥15.8M	CN¥23.0M
Lease obligations	CN¥32.2M	CN¥40.8M	CN¥146.2M	CN¥186.1M	CN¥264.1M	CN¥264.9M	—	—	—
Other long-term liabilities	CN¥429.3M	CN¥39.6M	CN¥141.5M	CN¥188.5M	CN¥254.3M	CN¥256.9M	CN¥455.7M	CN¥575,000	CN¥367.5M
Total liabilities	CN¥506.6M	CN¥455.0M	CN¥536.6M	CN¥747.6M	CN¥1.50B	CN¥867.3M	CN¥817.5M	CN¥297.5M	CN¥551.1M
Shareholders' equity
Common stock & paid-in capital	CN¥73,044	CN¥73,000	CN¥72,000	CN¥72,000	CN¥72,000	CN¥72,000	CN¥33,000	CN¥62,000	CN¥31,000
Retained earnings (deficit)	−CN¥455.1M	−CN¥458.9M	−CN¥458.2M	−CN¥531.1M	−CN¥499.9M	−CN¥392.3M	−CN¥374.0M	−CN¥388.9M	−CN¥392.0M
Accumulated other comprehensive income	−CN¥14.7M	−CN¥12.9M	−CN¥14.1M	−CN¥17.7M	−CN¥27.3M	−CN¥22.0M	CN¥414,000	CN¥295,000	−CN¥367.2M
Minority interest	CN¥20.6M	CN¥20.5M	CN¥5.3M	CN¥1.1M	—	—	—	—	—
Total shareholders' equity	CN¥411.5M	CN¥408.7M	CN¥405.2M	CN¥340.9M	CN¥360.1M	CN¥468.7M	−CN¥308.7M	CN¥36.0M	−CN¥386.1M
Key figures
Total debt	CN¥92.3M	CN¥90.8M	CN¥176.2M	CN¥336.1M	CN¥500.8M	CN¥350.3M	CN¥36.9M	CN¥48.9M	CN¥23.0M
Net cash (debt)	CN¥213.1M	CN¥147.4M	CN¥81.9M	−CN¥58.9M	−CN¥119.6M	CN¥54.3M	CN¥51.3M	−CN¥42.2M	−CN¥10.8M
Working capital	CN¥588.7M	CN¥183.7M	CN¥211.4M	CN¥191.7M	CN¥198.4M	CN¥451.8M	CN¥99.7M	CN¥19.8M	−CN¥22.2M
Tangible book value	CN¥331.4M	CN¥325.4M	CN¥353.9M	CN¥286.9M	CN¥338.0M	CN¥466.2M	−CN¥310.3M	CN¥34.8M	−CN¥387.3M
Shares outstanding	505K	507K	2.5M	2.6M	2.6M	2.4M	2.6M	2.3M	1.1M
Current ratio	9.37	1.44	1.54	1.34	1.16	1.81	1.28	1.07	0.86
Quick ratio	8.81	1.22	1.41	1.17	0.95	1.15	0.75	0.44	0.54
Debt / equity	0.22	0.22	0.44	0.99	1.39	0.75	—	1.36	—
Equity / assets	43.8%	46.2%	42.8%	31.3%	19.4%	35.1%	−60.7%	10.8%	−232.9%

Huize Holding Limited quarterly balance sheet
	Jun '26	Mar '26	Dec '25	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24	Mar '24	Dec '23	Sep '23
Assets
Cash & short-term investments	CN¥244.0M	CN¥244.0M	CN¥253.8M	CN¥253.8M	CN¥241.7M	CN¥204.8M	CN¥238.2M	CN¥249.5M	CN¥241.4M	CN¥286.7M	CN¥258.1M	CN¥268.0M
Cash & equivalents	CN¥241.4M	CN¥241.4M	CN¥250.8M	CN¥250.8M	CN¥238.5M	CN¥201.7M	CN¥233.2M	CN¥242.6M	CN¥236.2M	CN¥281.4M	CN¥249.3M	CN¥258.4M
Short-term investments	CN¥2.6M	CN¥2.6M	CN¥2.9M	CN¥2.9M	CN¥3.2M	CN¥3.1M	CN¥5.0M	CN¥6.8M	CN¥5.2M	CN¥5.3M	CN¥8.9M	CN¥9.6M
Receivables	CN¥325.5M	CN¥325.5M	CN¥258.6M	CN¥258.6M	CN¥350.2M	CN¥323.5M	CN¥158.8M	CN¥328.7M	CN¥212.6M	CN¥244.1M	CN¥178.3M	CN¥268.5M
Inventory	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	−CN¥80.4M	CN¥1	CN¥0	−CN¥97.9M
Other current assets	CN¥111.4M	CN¥111.4M	CN¥146.6M	CN¥146.6M	CN¥43.9M	CN¥54.5M	CN¥202.0M	CN¥46.0M	CN¥209.7M	CN¥134.0M	CN¥170.0M	CN¥174.8M
Total current assets	CN¥680.8M	CN¥680.8M	CN¥659.0M	CN¥659.0M	CN¥635.8M	CN¥582.9M	CN¥599.0M	CN¥624.2M	CN¥583.2M	CN¥664.9M	CN¥606.5M	CN¥613.4M
Property, plant & equipment (net)	CN¥50.0M	CN¥50.0M	CN¥57.6M	CN¥57.6M	CN¥58.5M	CN¥61.7M	CN¥67.8M	CN¥162.0M	CN¥165.5M	CN¥169.6M	CN¥170.1M	CN¥173.9M
Goodwill & intangible assets	CN¥81.4M	CN¥81.4M	CN¥80.1M	CN¥80.1M	CN¥80.9M	CN¥84.3M	CN¥83.4M	CN¥81.4M	CN¥50.9M	CN¥51.1M	CN¥51.2M	CN¥53.3M
Long-term investments	CN¥72.5M	CN¥0	CN¥0	CN¥0	CN¥61.6M	CN¥69.1M	CN¥66.7M	CN¥71.2M	CN¥70.7M	CN¥75.2M	CN¥76.7M	CN¥76.7M
Other non-current assets	CN¥77.5M	CN¥150.0M	CN¥141.5M	CN¥141.5M	CN¥65.4M	CN¥62.8M	CN¥67.3M	CN¥66.7M	CN¥61.6M	CN¥43.1M	CN¥42.6M	CN¥9.7M
Total assets	CN¥962.2M	CN¥962.2M	CN¥938.2M	CN¥938.2M	CN¥902.2M	CN¥860.9M	CN¥884.2M	CN¥1.01B	CN¥931.9M	CN¥1.00B	CN¥947.0M	CN¥927.1M
Liabilities
Accounts payable	CN¥270.2M	CN¥270.2M	CN¥206.3M	CN¥206.3M	CN¥288.8M	CN¥250.2M	CN¥258.1M	CN¥316.5M	CN¥275.2M	CN¥180.1M	CN¥249.4M	CN¥70.4M
Short-term debt	CN¥74.6M	CN¥74.6M	CN¥70.3M	CN¥70.3M	CN¥68.0M	CN¥67.9M	—	CN¥40.8M	CN¥50.0M	CN¥49.6M	—	CN¥35.8M
Deferred revenue	—	—	—	—	—	—	—	CN¥59,000	CN¥993,000	CN¥2.6M	—	CN¥3.9M
Total current liabilities	CN¥474.2M	CN¥474.2M	CN¥458.7M	CN¥458.7M	CN¥429.2M	CN¥395.9M	CN¥415.3M	CN¥439.8M	CN¥394.6M	CN¥442.9M	CN¥395.0M	CN¥392.1M
Long-term debt	CN¥0	CN¥0	CN¥0	CN¥0	CN¥7.0M	CN¥7.0M	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0
Lease obligations	CN¥23.7M	—	—	—	CN¥32.0M	CN¥34.7M	CN¥40.8M	CN¥142.4M	CN¥146.7M	CN¥148.9M	CN¥146.2M	CN¥148.8M
Other long-term liabilities	CN¥38.9M	CN¥38.9M	CN¥47.7M	CN¥47.7M	CN¥36.5M	CN¥37.7M	CN¥39.6M	CN¥139.2M	CN¥140.2M	CN¥141.3M	CN¥141.5M	CN¥145.2M
Total liabilities	CN¥513.1M	CN¥513.1M	CN¥506.3M	CN¥506.3M	CN¥472.7M	CN¥440.6M	CN¥455.0M	CN¥578.9M	CN¥534.8M	CN¥584.3M	CN¥536.6M	CN¥537.3M
Shareholders' equity
Common stock & paid-in capital	CN¥73,000	CN¥73,000	CN¥73,000	CN¥73,000	CN¥73,000	CN¥73,000	—	CN¥73,000	CN¥72,000	CN¥72,000	—	CN¥72,000
Retained earnings (deficit)	−CN¥429.5M	−CN¥429.5M	−CN¥454.8M	−CN¥454.8M	−CN¥456.6M	−CN¥467.5M	−CN¥458.9M	−CN¥456.0M	−CN¥474.7M	−CN¥451.3M	−CN¥458.2M	−CN¥478.9M
Accumulated other comprehensive income	−CN¥18.6M	−CN¥18.6M	−CN¥14.7M	−CN¥14.7M	−CN¥13.3M	−CN¥12.3M	—	−CN¥15.4M	−CN¥12.0M	−CN¥12.6M	—	−CN¥9.2M
Minority interest	CN¥15.5M	—	—	—	CN¥18.9M	CN¥19.6M	CN¥20.5M	—	—	—	—	—
Total shareholders' equity	CN¥433.5M	CN¥433.5M	CN¥411.2M	CN¥411.2M	CN¥410.6M	CN¥400.7M	CN¥408.7M	CN¥409.9M	CN¥389.8M	CN¥412.6M	CN¥405.2M	CN¥387.7M
Key figures
Total debt	CN¥81.5M	CN¥81.5M	CN¥92.2M	CN¥92.2M	CN¥92.0M	CN¥94.7M	—	CN¥162.6M	CN¥176.7M	CN¥178.9M	—	CN¥168.6M
Net cash (debt)	CN¥162.5M	CN¥162.5M	CN¥161.5M	CN¥161.5M	CN¥149.7M	CN¥110.1M	—	CN¥86.8M	CN¥64.7M	CN¥107.8M	—	CN¥99.4M
Working capital	CN¥206.6M	CN¥206.6M	CN¥200.3M	CN¥200.3M	CN¥206.6M	CN¥187.0M	CN¥183.7M	CN¥184.4M	CN¥188.6M	CN¥221.9M	CN¥211.4M	CN¥221.4M
Tangible book value	CN¥352.2M	CN¥352.2M	CN¥331.1M	CN¥331.1M	CN¥329.7M	CN¥316.4M	CN¥325.4M	CN¥328.4M	CN¥338.9M	CN¥361.5M	CN¥353.9M	CN¥334.4M
Shares outstanding	507K	507K	505K	505K	504K	504K	1.01B	507K	2.5M	2.5M	994.6M	2.5M
Current ratio	1.44	1.44	1.44	1.44	1.48	1.47	1.44	1.42	1.48	1.50	1.54	1.56
Quick ratio	1.20	1.20	1.12	1.12	1.38	1.33	0.96	1.31	1.15	1.20	1.10	1.37
Debt / equity	0.19	0.19	0.22	0.22	0.22	0.24	—	0.40	0.45	0.43	—	0.43
Equity / assets	45.1%	45.1%	43.8%	43.8%	45.5%	46.5%	46.2%	40.8%	41.8%	41.1%	42.8%	41.8%

Quarterly columns are labeled by the month the quarter ended. Figures in Chinese yuan as reported (latest annual report filed April 24, 2026); data from EODHD.

HUIZ financial position

At the end of fiscal 2025 (December 31, 2025), Huize had total assets of CN¥938.8 million (up 6.2% from a year earlier), total liabilities of CN¥506.6 million and shareholders' equity of CN¥411.5 million. It held CN¥305.4 million in cash and short-term investments against CN¥92.3 million of debt, a net cash position of CN¥213.1 million. Its current ratio was 9.37. In the latest quarter (ended June 30, 2026) total assets were CN¥962.2 million and equity CN¥433.5 million.

Related: HUIZ income statement, HUIZ cash flow statement, HUIZ key metrics. See the HUIZ stock overview for the latest quote and news.

HUIZ balance sheet FAQ

What are Huize's total assets?

Huize reported total assets of CN¥938.8 million at the end of fiscal 2025 (December 31, 2025), compared with CN¥884.2 million a year earlier.

How much debt does Huize have?

Huize had CN¥92.3 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.22.

How much cash does Huize have?

Huize held CN¥305.4 million in cash and short-term investments at the end of fiscal 2025; with CN¥92.3 million of debt that is net cash of CN¥213.1 million.

What is Huize's book value?

Huize's shareholders' equity (book value) was CN¥411.5 million at the end of fiscal 2025.

What is Huize's current ratio?

Huize had current assets of CN¥659.0 million and current liabilities of CN¥70.3 million, a current ratio of 9.37 (it can cover its short-term obligations).

How much goodwill does Huize have?

Huize carried CN¥80.1 million of goodwill and intangible assets, 8.5% of total assets, at the end of fiscal 2025.