Huize Holding (Huize Holding) Pretax Margin % : 7.38% (As of Dec. 2023)

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What is Huize Holding Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Huize Holding's Pre-Tax Income for the three months ended in Dec. 2023 was $2.4 Mil. Huize Holding's Revenue for the three months ended in Dec. 2023 was $33.1 Mil. Therefore, Huize Holding's pretax margin for the quarter that ended in Dec. 2023 was 7.38%.

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

HUIZ' s Pretax Margin % Range Over the Past 10 Years
Min: -37.07 Med: -1.37 Max: 5.87
Current: 5.87

HUIZ's Pretax Margin % is ranked worse than
68.58% of 487 companies
in the Insurance industry
Industry Median: 10.14 vs HUIZ: 5.87

Huize Holding Pretax Margin % Historical Data

The historical data trend for Huize Holding's Pretax 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.

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Huize Holding Pretax Margin % Chart

Huize Holding Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pretax Margin %

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1.53

-1.37

-4.92

-2.72

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
Pretax Margin %	Get a 7-Day Free Trial															2.60	6.15	3.82	6.93	7.38

Competitive Comparison of Huize Holding's Pretax Margin %

For the Insurance Brokers subindustry, Huize Holding's Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % Distribution in the Insurance Industry

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

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

Huize Holding Pretax Margin % Calculation

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

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

Pretax Margin	=	Pre-Tax Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	9.823	/	167.44
	=	5.87 %

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

Pretax Margin	=	Pre-Tax Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	2.44	/	33.053
	=	7.38 %

Huize Holding (NAS:HUIZ) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.

Huize Holding Pretax Margin % Related Terms

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Huize Holding (Huize Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Huize Holding Ltd (NAS:HUIZ) » Definitions » Pretax Margin %

Comparable Companies

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

Website

https://www.huize.com

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.