Huize Holding (Huize Holding) Total Assets : $132.6 Mil (As of Dec. 2023)

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What is Huize Holding Total Assets?

Huize Holding's Total Assets for the quarter that ended in Dec. 2023 was $132.6 Mil.

Warning Sign:

If a company builds assets at 18.8% a year, faster than its revenue growth rate of 14.3% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Huize Holding's average Total Assets Growth Rate was -17.20% per year. During the past 3 years, the average Total Assets Growth Rate was -12.20% per year. During the past 5 years, the average Total Assets Growth Rate was 18.80% per year.

During the past 7 years, Huize Holding's highest 3-Year average Total Assets Growth Rate was 82.90%. The lowest was -12.20%. And the median was 47.15%.

Total Assets is connected with ROA %. Huize Holding's annualized ROA % for the quarter that ended in Dec. 2023 was 7.76%. Total Assets is also linked to Revenue through Asset Turnover. Huize Holding's Asset Turnover for the quarter that ended in Dec. 2023 was 0.25.

Huize Holding Total Assets Historical Data

The historical data trend for Huize Holding's Total Assets 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 Total Assets Chart

Huize Holding Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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72.54

204.30

291.63

156.29

132.63

Huize Holding Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															156.29	151.16	147.07	127.04	132.63

Huize Holding Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

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

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	57.479	+	75.151
	=	132.6

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

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	57.479	+	75.151
	=	132.6

Huize Holding (NAS:HUIZ) Total Assets Explanation

Total Assets is connected with ROA %.

Huize Holding's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	10.076	/	( (127.038	+	132.63)	/ 2 )
	=	10.076	/	129.834
	=	7.76 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Huize Holding's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	33.053	/	( (127.038	+	132.63)	/ 2 )
=	33.053	/	129.834
=	0.25

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Huize Holding Total Assets 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 » Total Assets

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.