Huize Holding Ltd
NASDAQ:HUIZ
Income Statement
Earnings Waterfall
Huize Holding Ltd
Revenue
|
1.2B
CNY
|
Cost of Revenue
|
-749m
CNY
|
Gross Profit
|
446.5m
CNY
|
Operating Expenses
|
-395.5m
CNY
|
Operating Income
|
51m
CNY
|
Other Expenses
|
19.1m
CNY
|
Net Income
|
70.2m
CNY
|
Income Statement
Huize Holding Ltd
Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||
Revenue |
993
N/A
|
791
-20%
|
1 026
+30%
|
1 091
+6%
|
1 220
+12%
|
1 707
+40%
|
1 690
-1%
|
1 657
-2%
|
2 245
+36%
|
1 810
-19%
|
1 839
+2%
|
1 876
+2%
|
1 158
-38%
|
1 157
0%
|
1 277
+10%
|
1 218
-5%
|
1 196
-2%
|
|
Gross Profit | ||||||||||||||||||
Cost of Revenue |
(631)
|
(499)
|
(639)
|
(685)
|
(816)
|
(1 225)
|
(1 237)
|
(1 235)
|
(1 691)
|
(1 283)
|
(1 304)
|
(1 320)
|
(734)
|
(764)
|
(834)
|
(775)
|
(749)
|
|
Gross Profit |
362
N/A
|
292
-19%
|
386
+32%
|
405
+5%
|
404
0%
|
481
+19%
|
453
-6%
|
422
-7%
|
554
+31%
|
527
-5%
|
535
+2%
|
556
+4%
|
424
-24%
|
393
-7%
|
443
+13%
|
443
N/A
|
447
+1%
|
|
Operating Income | ||||||||||||||||||
Operating Expenses |
(360)
|
(290)
|
(393)
|
(413)
|
(430)
|
(476)
|
(518)
|
(579)
|
(669)
|
(654)
|
(629)
|
(584)
|
(467)
|
(440)
|
(438)
|
(407)
|
(396)
|
|
Selling, General & Administrative |
(325)
|
(258)
|
(350)
|
(368)
|
(378)
|
(420)
|
(446)
|
(489)
|
(545)
|
(529)
|
(505)
|
(474)
|
(374)
|
(364)
|
(364)
|
(335)
|
(324)
|
|
Research & Development |
(34)
|
(31)
|
(42)
|
(45)
|
(49)
|
(57)
|
(72)
|
(90)
|
(121)
|
(125)
|
(124)
|
(110)
|
(81)
|
(76)
|
(74)
|
(72)
|
(72)
|
|
Depreciation & Amortization |
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
0
|
|
Operating Income |
2
N/A
|
1
-19%
|
(6)
N/A
|
(8)
-23%
|
(26)
-228%
|
5
N/A
|
(65)
N/A
|
(157)
-140%
|
(114)
+27%
|
(128)
-12%
|
(94)
+26%
|
(29)
+70%
|
(44)
-53%
|
(47)
-8%
|
5
N/A
|
36
+596%
|
51
+41%
|
|
Pre-Tax Income | ||||||||||||||||||
Interest Income Expense |
1
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(2)
|
(6)
|
(9)
|
(12)
|
(12)
|
(10)
|
(7)
|
(4)
|
(3)
|
1
|
1
|
|
Total Other Income |
13
|
5
|
9
|
12
|
10
|
12
|
8
|
9
|
13
|
12
|
15
|
16
|
20
|
25
|
26
|
23
|
18
|
|
Pre-Tax Income |
15
N/A
|
6
-60%
|
3
-49%
|
3
+6%
|
(17)
N/A
|
16
N/A
|
(58)
N/A
|
(154)
-164%
|
(110)
+28%
|
(128)
-16%
|
(91)
+29%
|
(22)
+75%
|
(32)
-41%
|
(26)
+19%
|
28
N/A
|
60
+110%
|
70
+18%
|
|
Net Income | ||||||||||||||||||
Tax Provision |
(0)
|
0
|
(1)
|
(2)
|
(2)
|
(3)
|
(1)
|
1
|
0
|
2
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Income from Continuing Operations |
15
|
6
|
2
|
1
|
(19)
|
13
|
(59)
|
(153)
|
(110)
|
(127)
|
(91)
|
(22)
|
(32)
|
(26)
|
28
|
60
|
70
|
|
Income to Minority Interest |
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
2
|
3
|
2
|
2
|
(0)
|
(0)
|
|
Equity Earnings Affiliates |
(0)
|
0
|
0
|
0
|
0
|
(0)
|
(2)
|
(1)
|
3
|
1
|
2
|
1
|
(2)
|
(1)
|
(1)
|
1
|
0
|
|
Net Income (Common) |
(25)
N/A
|
(19)
+26%
|
(23)
-20%
|
(8)
+64%
|
(22)
-162%
|
13
N/A
|
(61)
N/A
|
(155)
-153%
|
(108)
+30%
|
(126)
-17%
|
(88)
+30%
|
(19)
+78%
|
(31)
-61%
|
(24)
+24%
|
30
N/A
|
60
+103%
|
70
+16%
|
|
EPS (Diluted) |
-0.02
N/A
|
-0.02
N/A
|
-0.02
N/A
|
-0.01
+50%
|
-0.02
-100%
|
0.01
N/A
|
-0.06
N/A
|
-0.15
-150%
|
-0.11
+27%
|
-0.12
-9%
|
-0.09
+25%
|
-0.02
+78%
|
-0.03
-50%
|
-0.02
+33%
|
0.03
N/A
|
0.06
+100%
|
0.07
+17%
|