NASDAQ · INSURANCE AGENTS, BROKERS & SERVICE · SMALL CAP
XChange Tec.inc XHG
9 fiscal years on record · CNY · FY2025 reported · SEC filings only
CNY -748.4M
Growth
CNY 365.3M
Revenue, FY2025 · full 9-year series below
Revenue CNY B
Net income CNY B
FY2025 · Revenue 0.4 · Net income -0.7
Compound annual growth
Revenue compounded at −19.9% a year over five years.
Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.
Profitability
−205 cents
lost on every revenue dollar
Operating margin
Net margin
FY2025 · Operating -197.2% · Net -204.9%
ROE
No chart to show — the reason differs by year; see each year in the table below.
The 9-year record
9 fiscal years
Every figure from documents filed with the SEC · CNY
EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.
row low → row highnegative
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue CNY B | 0.4 | 0.3 | · | 0.6 | 0.9 | 1.1 | 1.1 | 0.8 | 0.5 |
| Operating income CNY B | −0.7 | −0.6 | −0.0 | −0.0 | −0.0 | −1.5 | −0.4 | −0.4 | −0.2 |
| EBITDA CNY B | · | · | · | −0.0 | −0.0 | −1.3 | −0.2 | −0.3 | −0.1 |
| Income tax CNY B | 0.0 | 0.0 | · | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net income CNY B | −0.7 | −0.2 | −0.1 | 0.8 | −0.6 | −1.5 | −0.5 | −0.5 | −0.2 |
| Free cash flow CNY B | · | · | · | · | −0.1 | −0.0 | −0.4 | −0.8 | −0.3 |
| EPS, diluted CNY | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −1.14 | −1.87 | −1.55 | −0.86 |
| Dividend / sh CNY | · | · | · | · | · | · | · | · | · |
| Payout % | · | · | · | · | · | · | · | · | · |
| ROE % | · | · | · | · | · | · | · | · | · |
| Shares out B | · | · | · | · | 1.65 | 1.36 | 0.43 | 0.43 | · |
Slide the table for earlier years · "·" marks a figure not available in our data for that year.
Compare
This company against its peers
XChange Tec.incvsWaterdrop Inc.Same industry: Insurance Agents, Brokers & ServiceXChange Tec.incvsYuanbao Inc.Same industry: Insurance Agents, Brokers & ServiceXChange Tec.incvsCheche Group Inc.Same industry: Insurance Agents, Brokers & ServiceXChange Tec.incvsHuize Holding Ltd.Same industry: Insurance Agents, Brokers & ServiceXChange Tec.incvsAifu Inc.Same industry: Insurance Agents, Brokers & Service
Provenance
Company facts, as filed
How we verify · 0 failures in 31 reconciliationsAUDITED
Reconciled in 9 of 19 fiscal years. 58 checks could not be computed.
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityInsurance Agents, Brokers & Service
Listed onNASDAQ
Incorporated innot stated in the filings
Fiscal year endsnot stated in the filings
Data on record since2017