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| Date | Value |
|---|---|
| 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 |