XChange TEC.INC (XHG) Common Equity (2017 - 2025)

XChange TEC.INC (XHG) recorded quarterly Common Equity of -$123.0 million in Q3 2025, up 26.53% on a QoQ basis from -$167.4 million in Q1 2025, and down 58.35% year-over-year from -$295.2 million in Q3 2024.

XChange TEC.INC (XHG) Common Equity (2017 - 2025) Analysis & Trends

XChange TEC.INC has disclosed Common Equity across 9 years of filings, most recently posting -$123.0 million for Q3 2025.

  • Quarterly Common Equity fell 58.35% year-over-year to -$123.0 million in Q3 2025, while the trailing twelve-month figure through Sep 2025 was -$123.0 million (down 58.35% YoY) and the FY2025 annual result came in at -$123.6 million, down 55.88% from the prior year.
  • Common Equity grew to -$123.0 million in Q3 2025, from -$167.4 million in the prior quarter.
  • Over five years, Common Equity peaked at -$31.1 million in Q1 2024 and troughed at -$429.5 million in Q1 2022.
  • A 5-year average of -$173.2 million and a median of -$106.0 million in 2023 frame the typical range for Common Equity.
  • Annual changes were most pronounced in 2022 — Common Equity soared 78.2% — and 2025, when it plunged 438.08%.
  • Tracing XHG's Common Equity over 5 years: stood at -$384.1 million in 2021, then soared by 78.2% to -$83.8 million in 2022, then slipped by 6.21% to -$89.0 million in 2023, then climbed by 12.7% to -$77.7 million in 2024, then tumbled by 58.35% to -$123.0 million in 2025.
  • Business Quant data shows XHG's Common Equity at -$123.0 million in Q3 2025, -$167.4 million in Q1 2025, and -$77.7 million in Q3 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Common Equity (Qtr)
1 Marsh & Mclennan Companies 79.42 Bn 67.92 Bn 5.88 Bn 14.81 Bn
2 Aon 69.98 Bn 68.59 Bn - 9.83 Bn
3 Arthur J. Gallagher 55.55 Bn 54.17 Bn - 23.78 Bn
4 Willis Towers Watson 24.71 Bn 22.93 Bn 1.98 Bn 7.98 Bn
5 Brown & Brown 19.80 Bn 18.82 Bn 1.61 Bn 12.61 Bn
6 XChange TEC.INC 6.75 Bn 6.75 Bn - -122.97 Mn
7 Neptune Insurance Holdings 4.00 Bn 3.99 Bn - -213.36 Mn
8 Corvel 2.98 Bn 2.64 Bn 54.92 Mn 375.72 Mn
9 Accelerant Holdings 2.93 Bn 1.42 Bn 48.00 Mn 719.90 Mn
10 Baldwin Insurance 1.62 Bn 2.07 Bn - 1.55 Bn

Historic Data

Download Data
DateValue
Sep 30, 2025 -122.97 Mn
Mar 31, 2025 -167.38 Mn
Sep 30, 2024 -77.66 Mn
Mar 31, 2024 -31.11 Mn
Sep 30, 2023 -88.95 Mn
Sep 30, 2022 -83.75 Mn
Mar 31, 2022 -429.49 Mn
Sep 30, 2021 -384.12 Mn
Sep 30, 2020 -288.16 Mn
Sep 30, 2019 -319.06 Mn
Sep 30, 2018 -209.30 Mn
Sep 30, 2017 -119.13 Mn