XChange TEC.INC (XHG) Equity Ratio (2018 - 2025)

XChange TEC.INC (XHG) reported Equity Ratio of 12.69 for Q3 2025, down 1684.35% year-on-year from 0.8 in Q3 2024, and down 1684.35% quarter-over-quarter from 0.71 in Q3 2024.

XChange TEC.INC (XHG) has 8 years of Equity Ratio data on file, last reported at 12.69 in Q3 2025.

  • For the quarter ending Q3 2025, Equity Ratio fell 1684.35% year-over-year to 12.69; the trailing twelve-month figure through Sep 2025 stood at 12.69 (down 1684.35% YoY), and the FY2025 full-year result was 12.69, down 1684.43% from the prior year.
  • Equity Ratio for Q3 2025 stood at 12.69, down from 0.71 in the prior quarter.
  • Across five years, Equity Ratio topped out at 0.71 in Q3 2024 and bottomed at 12.69 in Q3 2025.
  • A 5-year average of 6.7 and a median of 6.58 in 2021 frame the typical range for Equity Ratio.
  • Across the five-year window, Equity Ratio jumped 90.54% in 2024 and tumbled 1684.35% in 2025, its largest moves.
  • Tracing XHG's Equity Ratio over 5 years: stood at 6.58 in 2021, then increased by 8.88% to 6.0 in 2022, then slipped by 25.28% to 7.51 in 2023, then jumped by 90.54% to 0.71 in 2024, then tumbled by 1684.35% to 12.69 in 2025.
  • According to Business Quant data, Equity Ratio over the past three periods registered 12.69, 0.71, and 7.51 for Q3 2025, Q3 2024, and Q3 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Aon 69.60 Bn 68.21 Bn - 0.19
2 Arthur J. Gallagher 52.64 Bn 51.26 Bn - 0.30
3 Willis Towers Watson 24.45 Bn 22.68 Bn 1.98 Bn 0.27
4 Brown & Brown 19.37 Bn 18.39 Bn 1.61 Bn 0.42
5 XChange TEC.INC 6.95 Bn 6.95 Bn - -12.69
6 Accelerant Holdings 3.83 Bn 2.32 Bn 48.00 Mn 0.08
7 Corvel 3.22 Bn 2.87 Bn 54.92 Mn 0.58
8 Baldwin Insurance 1.84 Bn 2.28 Bn - 0.16
9 Goosehead Insurance 1.01 Bn 899.53 Mn - -0.31
10 Twfg 279.02 Mn 351.22 Mn - 0.77

Historic Data

Download Data 🔒
DateValue
Sep 30, 2025 -12.69
Sep 30, 2024 -0.71
Sep 30, 2023 -7.51
Sep 30, 2022 -6.00
Sep 30, 2021 -6.58
Sep 30, 2020 -2.34
Sep 30, 2019 -1.24
Sep 30, 2018 -0.80