YOLFTbeta
XChange TEC.INC

XChange TEC.INC

XHG · NASDAQ · Financial Services / Insurance Brokers

3.37USD+0.11 (+3.37%)

Price History

Full chart

Market Stats

Previous Close3.26
Open3.30
Day Range3.30 – 3.37
52-Week Range0.65 – 4.62
Volume2.34K
Market Cap101.55M
P/E (TTM)0.00
Forward P/E0.00
EPS0.00
Dividend Yield0.00%
Beta-0.40
50-Day Avg2.47
200-Day Avg1.32

About

XChange TEC.INC, together with its subsidiaries, engages in the insurance agency and insurance technology businesses primarily to individual end consumers in the People's Republic of China and Hong Kong. The company offers various insurance products underwritten by insurance companies, including industry state-owned property and casualty insurance companies, as well as certain regional property and casualty insurance companies. It also provides automobile, life, health, group accidents, and other property related insurance products. In addition, the company operates a SaaS platform to offers comprehensive services to offline and online customers. It sells its insurance products primarily through a network of external referral sources that include external registered sales representatives, distribution channel partners, and through its in-house sales force. The company was formerly known as FLJ Group Limited and changed its name to XChange TEC.INC in May 2024. XChange TEC.INC was founded in 2007 and is based in Shanghai, the People's Republic of China.

Company Details

  • SectorFinancial Services
  • IndustryInsurance Brokers
  • CEOMr. Zhichen Sun
  • Employees30
  • HeadquartersNo.259, Guoxia Road, Shanghai, China, 200433, USA
  • Websitehttps://www.xhghk.com

Leadership

  • Mr. Zhichen SunCEO & Chairman · b. 1984
  • Mr. Jiamin ChenVP and GM of Investment & Financing Department · b. 1981
  • Mr. Gang XieChief Technology Officer · b. 1974
  • Mr. Zongquan YangHead of Product Management, Senior Manager of IT Center · b. 1984
  • Mr. Yong MaHead of Business · b. 1972

Financials

Income Statement

Currency: CNY2017-09-302018-09-302019-09-302020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Total Revenue509.07M939.61M1.28B1.19B1.03B652.33M040.01M365.27K
Growth (%)-+84.57%+36.38%-7.40%-13.44%-36.49%-100.00%--99.09%
Cost of Revenue638.01M1.11B1.58B1.43B1.02B711.00M038.18M357.27K
Gross Profit-128.94M-170.55M-300.18M-241.44M3.90M-58.67M01.83M8.00K
Gross Margin-25.33%-18.15%-23.43%-20.35%0.38%-8.99%-4.58%2.19%
Operating Expense14.48M101.37M72.41M-75.85M172.33M-29.32M23.54M15.30M42.39K
Operating Income-143.42M-271.92M-372.59M-165.59M-168.42M-29.36M-23.54M-13.47M-34.39K
Operating Margin-28.17%-28.94%-29.08%-13.95%-16.40%-4.50%--33.66%-9.41%
EBITDA-90.67M-279.31M-196.54M-1.11B-359.71M-69.14M-3.33M-81.35M-99.89M
EBITDA Margin-17.81%-29.73%-15.34%-93.18%-35.02%-10.60%--203.30%-27346.54%
Net Income-239.73M-525.38M-516.48M-1.49B-564.18M820.02M-71.31M-226.82M-748.41K
Net Income Margin-47.09%-55.91%-40.30%-125.31%-54.93%125.71%--566.85%-204.90%
R&D44.16M51.95M47.03M24.93M192.00K22.00K46.00K24.00K0
R&D as % of Total Revenue8.67%5.53%3.67%2.10%0.02%0.00%-0.06%0.00%
Interest Expense49.17M83.83M97.83M126.56M126.18M6.42M221.74K3.62M3.82M
Interest Expense % of Total Revenue9.66%8.92%7.63%10.67%12.29%0.98%-9.05%1044.79%

Balance Sheet

Currency: CNY2017-09-302018-09-302019-09-302020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Total Assets1.13B1.78B1.80B850.73M377.63M95.54M85.65M782.84M69.38M
Total Liabilities1.56B2.56B2.61B2.85B2.86B668.40M729.08M1.34B949.52M
Total Equity-425.97M-779.13M-810.87M-1.99B-2.48B-572.86M-643.42M-556.57M-880.14M
Cash365.12M103.75M159.80M22.88M16.32M563.00K286.00K8.09M10.88M
Total Debt156.26M100.18M129.66M1.49B1.09B6.54M44.43M1.10B701.11M
Net Debt-208.85M-3.58M-30.14M1.47B1.08B5.98M44.07M1.09B690.23M

Cash Flow

Currency: CNY2017-09-302018-09-302019-09-302020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Operating Cash Flow-42.57M-123.02M-91.42M53.17M-108.70M-43.15M-39.87M-9.77M-11.70K
Investing Cash Flow-269.26M-708.72M-372.61M-134.45M-6.43M-12.50M-10.17M-490
Financing Cash Flow624.67M567.07M598.71M-130.82M100.71M31.94M37.89M8.67M18.79K
Capital Expenditure267.65M708.72M354.22M96.16M2.01K21.4231.049.31M14.86
Free Cash Flow-310.22M-831.74M-445.64M-42.98M-108.70M-43.15M-39.87M-9.77M-11.70K
FCF to OCF728.75%676.09%487.47%-80.84%100.00%100.00%100.00%100.00%100.00%

Earnings

Report DateSep 30, 2019Jan 6, 2020Mar 31, 2020Sep 2, 2020Sep 30, 2020Jan 11, 2021Sep 1, 2021Oct 6, 2021Jan 10, 2022Aug 31, 2022Oct 5, 2022Jan 9, 2023Aug 30, 2023Oct 4, 2023Feb 28, 2024Aug 21, 2024Sep 3, 2025
EPS Estimate-18.85-301600.00-256800.00-252800.00-184000.000.00-2.22-2.48-0.530.000.000.000.000.000.000.000.00
EPS Actual-12.00-268000.00-0.00-0.000.000.000.000.000.000.000.000.000.00-1.35-660.35
Surprise36.34%11.14%-100.00%--100.00%100.00%100.00%--------
Timing-Pre-market---------------

Key Statistics & Ratios

Market Cap101.55M
Enterprise Value218.38M
Trailing P/E0.00
Forward P/E0.00
Price / Sales0.26
Price / Book0.00
EPS0.00
Book Value-2.52
Revenue (TTM)387.42M
Gross Profit (TTM)9.34M
EBITDA-34.33M
Profit Margin-22.87%
Operating Margin-4.23%
Return on Equity0.00%
Return on Assets-20.09%
Shares Outstanding46.60M
Shares Float41.86M
Beta-0.40
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Ownership Breakdown

Institutions
0.03%
Insiders
0.00%
Retail / Other
99.97%

Top Institutional Holders

  • Morgan Stanley - Brokerage Accounts
    150.00%
  • UBS Group AG
    00.00%

Stock Splits

  • May 9, 20251:20
  • Nov 8, 20241:20
  • Dec 7, 20231:40
  • Mar 7, 20221:5