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Huize Holding (Huize Holding) Net Margin % : 7.62% (As of Dec. 2023)


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What is Huize Holding Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Huize Holding's Net Income for the three months ended in Dec. 2023 was $2.5 Mil. Huize Holding's Revenue for the three months ended in Dec. 2023 was $33.1 Mil. Therefore, Huize Holding's net margin for the quarter that ended in Dec. 2023 was 7.62%.

The historical rank and industry rank for Huize Holding's Net Margin % or its related term are showing as below:

HUIZ' s Net Margin % Range Over the Past 10 Years
Min: -36.9   Med: -1.5   Max: 5.87
Current: 5.87


HUIZ's Net Margin % is ranked worse than
57.73% of 485 companies
in the Insurance industry
Industry Median: 7.48 vs HUIZ: 5.87

Huize Holding Net Margin % Historical Data

The historical data trend for Huize Holding's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Huize Holding Net Margin % Chart

Huize Holding Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 1.50 -1.50 -4.80 -2.69 5.87

Huize Holding Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.16 5.99 3.84 6.90 7.62

Competitive Comparison of Huize Holding's Net Margin %

For the Insurance Brokers subindustry, Huize Holding's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Huize Holding's Net Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Huize Holding's Net Margin % distribution charts can be found below:

* The bar in red indicates where Huize Holding's Net Margin % falls into.



Huize Holding Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Huize Holding's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=9.83/167.44
=5.87 %

Huize Holding's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=2.519/33.053
=7.62 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Huize Holding  (NAS:HUIZ) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Huize Holding Net Margin % Related Terms

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Huize Holding (Huize Holding) Business Description

Traded in Other Exchanges
N/A
Address
Qianhai Financial Centre, Linhai Avenue, 49 Floor, Building T1, Qianhai Shenzhen-Hong Kong Cooperation Zone, Shenzhen, CHN, 518000
Huize Holding Ltd is an independent online insurance product and service platform in China. The company distributes on its platform insurance products underwritten by the insurance companies who cooperate with the company, who the company refers to as its insurer partners, and helps them reach a large number of insurance clients. The company's platform offers digitalized insurance purchase experience and services through various internet and mobile internet channels. The company primarily generates revenues from the insurance brokerage fees paid by its insurer partners.