HUIZ vs XHG
Huize Holding Ltd. and XChange Tec.inc, side by side — 8 fiscal years reported in CNY, drawn from SEC filings.
Most recent reported year
| Metric | HUIZ | XHG |
|---|---|---|
| Revenue | CNY 1.6B | CNY 365.3M |
| Net income | CNY 4.0M | CNY -748.4M |
| Gross margin | 27.1% | 2.2% |
| Net margin | 0.2% | −204.9% |
| Return on equity | 1.0% | · |
| Diluted EPS | CNY 0.00 | CNY 0.00 |
| Dividend / share | · | · |
| Payout ratio | · | · |
| Free cash flow | CNY 9.6M | · |
| Equity | CNY 411.2M | CNY -880.1M |
| Net debt / equity | −0.46× | · |
| Current ratio | 1.44× | 0.04× |
| Revenue CAGR 5y | 5.3% | · |
| Profit CAGR 5y | · | · |
HUIZ bills 4.3× the revenue of XHG, and XHG closed the last reported year at a loss.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
8 years side by side
| Fiscal year | HUIZ | XHG |
|---|---|---|
| FY2025 | CNY 1.6B | CNY 365.3M |
| FY2024 | CNY 1.2B | CNY 288.4M |
| FY2022 | CNY 1.2B | CNY 652.3M |
| FY2021 | CNY 2.2B | CNY 1.0B |
| FY2020 | CNY 1.2B | CNY 1.2B |
| FY2019 | CNY 993.3M | CNY 1.2B |
| FY2018 | CNY 508.8M | CNY 889.9M |
| FY2017 | CNY 263.3M | CNY 522.7M |
Bottom line
| Fiscal year | HUIZ | XHG |
|---|---|---|
| FY2025 | CNY 4.0M | CNY -748.4M |
| FY2024 | CNY -649,000 | CNY -226.8M |
| FY2022 | CNY -31.2M | CNY 820.0M |
| FY2021 | CNY -107.7M | CNY -569.2M |
| FY2020 | CNY -18.3M | CNY -1.5B |
| FY2019 | CNY 14.9M | CNY -498.2M |
| FY2018 | CNY 3.2M | CNY -499.9M |
| FY2017 | CNY -97.2M | CNY -245.5M |
8 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +CNY 1,216,973,000 | HUIZ |
| FY2024 | +CNY 960,545,000 | HUIZ |
| FY2022 | +CNY 505,575,000 | HUIZ |
| FY2021 | +CNY 1,208,810,000 | HUIZ |
| FY2020 | +CNY 12,259,000 | HUIZ |
| FY2019 | −CNY 240,451,000 | XHG |
| FY2018 | −CNY 381,109,000 | XHG |
| FY2017 | −CNY 259,405,000 | XHG |
The higher-revenue side has changed between HUIZ and XHG over this period. The gap has widened since the earliest year compared.
8 of 9 comparable fiscal years — a year missing data on either side is not counted.
8 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +205.1 pp | HUIZ |
| FY2024 | +78.7 pp | HUIZ |
| FY2022 | −128.6 pp | XHG |
| FY2021 | +50.1 pp | HUIZ |
| FY2020 | +125.5 pp | HUIZ |
| FY2019 | +41.9 pp | HUIZ |
| FY2018 | +56.8 pp | HUIZ |
| FY2017 | +10.0 pp | HUIZ |
The higher net margin has changed hands between HUIZ and XHG over this period.
8 of 9 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
XHG's net margin has been more volatile than HUIZ's over the 8 comparable fiscal years — 87.3 percentage points of standard deviation against 12.1.
8 of 9 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between HUIZ and XHG over these 8 fiscal years — HUIZ led in 7 and XHG in 1.
8 of 9 comparable fiscal years — a year missing data on either side is not counted.