Huize Posts Record GWP, Net Profit Jumps 11x to RMB25.3M in H1 2026
HUIZ sits 71% above its 52-week low of $1.04.
Summary
Huize reported first-half 2026 results with gross written premiums up 29.8% to a record RMB4.2 billion and first-year premiums surging 48.7%. Revenue rose 5.8% to RMB719.8 million, while net profit attributable to common shareholders jumped to RMB25.3 million from RMB2.3 million a year earlier. Earnings per share were CNY0.02, compared with CNY0.00 in the prior-year period. The company added 789,000 new customers and maintained persistency ratios above 95%. Cash and equivalents stood at RMB241.4 million. Management will host a conference call at 8:00 AM ET today to discuss the results.
At the time of this announcement, HUIZ was trading at $1.78 on NASDAQ in the Finance sector, with a market capitalization of approximately $12.2M. The 52-week trading range was $1.04 to $4.53. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: GlobeNewswire.