XChange TEC.INC (XHG) Intangibles (2018 - 2025)
XChange TEC.INC (XHG) recorded quarterly Intangibles of $94728.7 in Q3 2025, up 1.86% on a QoQ basis from $93000.0 in Q1 2025, and down 99.65% year-over-year from $27.2 million in Q3 2024.
XChange TEC.INC (XHG) Intangibles (2018 - 2025) Analysis & Trends
XChange TEC.INC has disclosed Intangibles across 7 years of filings, most recently posting $94728.7 for Q3 2025.
- Quarterly Intangibles fell 99.65% year-over-year to $94728.7 in Q3 2025, while the trailing twelve-month figure through Sep 2025 was $94728.7 (down 99.65% YoY) and the FY2025 annual result came in at $95000.0, down 99.65% from the prior year.
- Intangibles rose to $94728.7 in Q3 2025, from $93000.0 in the prior quarter.
- Over five years, Intangibles peaked at $31.2 million in Q3 2021 and troughed at $93000.0 in Q1 2025.
- A 4-year average of $12.6 million and a median of $3.6 million in 2022 frame the typical range for Intangibles.
- Annual changes were most pronounced in 2021 — Intangibles soared 18212.21% — and 2025, when it slumped 99.65%.
- Tracing XHG's Intangibles over 4 years: stood at $31.2 million in 2021, then slumped by 93.69% to $2.0 million in 2022, then soared by 1280.89% to $27.2 million in 2024, then tumbled by 99.65% to $94728.7 in 2025.
- Business Quant data shows XHG's Intangibles at $94728.7 in Q3 2025, $93000.0 in Q1 2025, and $27.2 million in Q3 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 79.42 Bn | 67.92 Bn | 5.88 Bn | 4.61 Bn |
| 2 | Aon | 69.98 Bn | 68.59 Bn | - | 5.83 Bn |
| 3 | Arthur J. Gallagher | 55.55 Bn | 54.17 Bn | - | 10.37 Bn |
| 4 | Willis Towers Watson | 24.71 Bn | 22.93 Bn | 1.98 Bn | 1.28 Bn |
| 5 | Brown & Brown | 19.80 Bn | 18.82 Bn | 1.61 Bn | 12.00 Mn |
| 6 | XChange TEC.INC | 6.75 Bn | 6.75 Bn | - | 94,728.73 |
| 7 | Neptune Insurance Holdings | 4.00 Bn | 3.99 Bn | - | 447,000.00 |
| 8 | Corvel | 2.98 Bn | 2.64 Bn | 54.92 Mn | 307,000.00 |
| 9 | Accelerant Holdings | 2.93 Bn | 1.42 Bn | 48.00 Mn | 102.50 Mn |
| 10 | Baldwin Insurance | 1.62 Bn | 2.07 Bn | - | 1.48 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 94,728.73 |
| Mar 31, 2025 | 93,000.00 |
| Sep 30, 2024 | 27.20 Mn |
| Sep 30, 2022 | 1.97 Mn |
| Mar 31, 2022 | 3.62 Mn |
| Sep 30, 2021 | 31.23 Mn |
| Mar 31, 2021 | 23.99 Mn |
| Sep 30, 2020 | 32.09 Mn |
| Mar 31, 2020 | 131,000.00 |
| Sep 30, 2019 | 178,050.44 |
| Sep 30, 2018 | 181,180.16 |