XChange TEC.INC (XHG) Equity Average (2018 - 2023)
XChange TEC.INC (XHG) recorded quarterly Equity Average of -$88.8 million in Q3 2023, down 3.02% on a QoQ basis from -$86.2 million in Q1 2023.
XChange TEC.INC (XHG) Equity Average (2018 - 2023) Analysis & Trends
XChange TEC.INC has disclosed Equity Average across 5 years of filings, most recently posting -$88.8 million for Q3 2023.
- Quarterly Equity Average changed N/A year-over-year to -$88.8 million in Q3 2023, while the trailing twelve-month figure through Sep 2023 was -$88.8 million (changed N/A YoY) and the FY2025 annual result came in at -$101.5 million, down 21.16% from the prior year.
- Equity Average eased to -$88.8 million in Q3 2023, from -$86.2 million in the prior quarter.
- Over five years, Equity Average peaked at -$86.2 million in Q1 2023 and troughed at -$362.3 million in Q3 2021.
- A 4-year average of -$220.9 million and a median of -$223.1 million in 2020 frame the typical range for Equity Average.
- Annual changes were most pronounced in 2020 — Equity Average rose 21.4% — and 2021, when it tumbled 74.5%.
- Tracing XHG's Equity Average over 4 years: stood at -$264.2 million in 2019, then grew by 21.4% to -$207.6 million in 2020, then slumped by 74.5% to -$362.3 million in 2021, then soared by 75.49% to -$88.8 million in 2023.
- Business Quant data shows XHG's Equity Average at -$88.8 million in Q3 2023, -$86.2 million in Q1 2023, and -$362.3 million in Q3 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 79.42 Bn | 67.92 Bn | 5.88 Bn | 15.06 Bn |
| 2 | Aon | 69.98 Bn | 68.59 Bn | - | 9.66 Bn |
| 3 | Arthur J. Gallagher | 55.55 Bn | 54.17 Bn | - | 23.55 Bn |
| 4 | Willis Towers Watson | 24.71 Bn | 22.93 Bn | 1.98 Bn | 8.06 Bn |
| 5 | Brown & Brown | 19.80 Bn | 18.82 Bn | 1.61 Bn | 12.59 Bn |
| 6 | XChange TEC.INC | 6.75 Bn | 6.75 Bn | - | - |
| 7 | Neptune Insurance Holdings | 4.00 Bn | 3.99 Bn | - | -220.43 Mn |
| 8 | Corvel | 2.98 Bn | 2.64 Bn | 54.92 Mn | 369.25 Mn |
| 9 | Accelerant Holdings | 2.93 Bn | 1.42 Bn | 48.00 Mn | 695.15 Mn |
| 10 | Baldwin Insurance | 1.62 Bn | 2.07 Bn | - | 782.08 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | -88.79 Mn |
| Mar 31, 2023 | -86.19 Mn |
| Sep 30, 2021 | -362.34 Mn |
| Mar 31, 2021 | -314.36 Mn |
| Sep 30, 2020 | -207.65 Mn |
| Mar 31, 2020 | -223.10 Mn |
| Sep 30, 2019 | -264.18 Mn |
| Sep 30, 2018 | -164.21 Mn |