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Huize Holding Limited (HUIZ) investor relations material

Huize Holding Limited Q2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q2 2025 earnings summary12 Sep, 2025

Executive summary

  • First year premiums grew 73.1% year-over-year to RMB 1,127.9 million in Q2 2025, with gross written premiums up 34.4% to RMB 1,796.5 million.

  • Total revenue reached RMB 400 million, a 40% year-over-year increase and the highest in three years.

  • Net profit attributable to common shareholders was RMB 10.9 million, reversing a net loss of RMB 23.3 million in Q2 2024.

  • Cumulative insurance clients served rose to 11.4 million, with persistency ratios for long-term products above 95%.

  • AI-driven initiatives improved efficiency, reducing the expense-to-income ratio from 40.5% to 23.9% year-over-year.

Financial highlights

  • Gross written premiums reached RMB 1,796.5 million, up 34.4% year-over-year; first year premiums accounted for 62.8% of GWP.

  • Operating revenue was RMB 400 million, up 40% year-over-year.

  • Net profit attributable to common shareholders was RMB 10.9 million; non-GAAP net profit was RMB 7.6 million.

  • Cash and cash equivalents stood at RMB 239 million at quarter-end.

  • Operating expenses decreased 17% year-over-year to RMB 95 million; expense-to-revenue ratio improved by 16.6 percentage points to 23.9%.

Outlook and guidance

  • Expects continued sequential growth in participating insurance product distribution in Q3 and Q4.

  • Anticipates second half profit for 2025, with meaningful sequential growth in Q3 earnings.

  • Focus remains on acquiring and serving high-quality, mass-affluent customers, with persistency ratios for long-term products above 95%.

  • Continued co-development and launch of differentiated, customized insurance products to meet evolving client needs.

  • AI strategy aims to further enhance efficiency and transform business models.

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Frequently asked questions

Huize Holding Limited is a leading online insurance product and service platform in China. The company focuses on providing a broad range of life and health insurance products through its online platform, catering to the diverse needs of its customers. Huize operates a user-friendly website and mobile application that offer personalized insurance plans, efficient claims services, and comprehensive customer support. The company serves individual customers and partners with insurance companies to distribute their products. The company is headquartered in Shenzhen, China, and its shares are listed on the NASDAQ.

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