XChange TEC.INC (XHG) Liabilities and Shareholders Equity (2018 - 2025)

XChange TEC.INC (XHG) recorded quarterly Liabilities and Shareholders Equity of $9.7 million in Q3 2025, down 39.05% on a QoQ basis from $15.9 million in Q1 2025, and down 91.13% year-over-year from $109.2 million in Q3 2024.

XChange TEC.INC (XHG) Liabilities and Shareholders Equity (2018 - 2025) Analysis & Trends

XChange TEC.INC has disclosed Liabilities and Shareholders Equity across 8 years of filings, most recently posting $9.7 million for Q3 2025.

  • Quarterly Liabilities and Shareholders Equity fell 91.13% year-over-year to $9.7 million in Q3 2025, while the trailing twelve-month figure through Sep 2025 was $320.7 million (down 16.11% YoY) and the FY2025 annual result came in at $9.6 million, down 91.37% from the prior year.
  • Liabilities and Shareholders Equity eased to $9.7 million in Q3 2025, from $15.9 million in the prior quarter.
  • Over five years, Liabilities and Shareholders Equity peaked at $185.9 million in Q1 2024 and troughed at $9.7 million in Q3 2025.
  • A 5-year average of $60.8 million and a median of $40.6 million in 2022 frame the typical range for Liabilities and Shareholders Equity.
  • Annual changes were most pronounced in 2024 — Liabilities and Shareholders Equity surged 822.43% — and 2025, when it plunged 91.45%.
  • Tracing XHG's Liabilities and Shareholders Equity over 5 years: stood at $58.4 million in 2021, then plunged by 76.07% to $14.0 million in 2022, then slipped by 15.22% to $11.8 million in 2023, then jumped by 822.43% to $109.2 million in 2024, then tumbled by 91.13% to $9.7 million in 2025.
  • Business Quant data shows XHG's Liabilities and Shareholders Equity at $9.7 million in Q3 2025, $15.9 million in Q1 2025, and $109.2 million in Q3 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Liabilities and Shareholders Equity (Qtr)
1 Marsh & Mclennan Companies 79.42 Bn 67.92 Bn 5.88 Bn 58.55 Bn
2 Aon 69.98 Bn 68.59 Bn - 51.43 Bn
3 Arthur J. Gallagher 55.55 Bn 54.17 Bn - 78.30 Bn
4 Willis Towers Watson 24.71 Bn 22.93 Bn 1.98 Bn 29.64 Bn
5 Brown & Brown 19.80 Bn 18.82 Bn 1.61 Bn 29.70 Bn
6 XChange TEC.INC 6.75 Bn 6.75 Bn - 9.69 Mn
7 Neptune Insurance Holdings 4.00 Bn 3.99 Bn - 85.30 Mn
8 Corvel 2.98 Bn 2.64 Bn 54.92 Mn 644.79 Mn
9 Accelerant Holdings 2.93 Bn 1.42 Bn 48.00 Mn 8.60 Bn
10 Baldwin Insurance 1.62 Bn 2.07 Bn - 5.94 Bn

Historic Data

Download Data
DateValue
Sep 30, 2025 9.69 Mn
Mar 31, 2025 15.90 Mn
Sep 30, 2024 109.23 Mn
Mar 31, 2024 185.90 Mn
Sep 30, 2023 11.84 Mn
Mar 31, 2023 75.34 Mn
Sep 30, 2022 13.97 Mn
Mar 31, 2022 22.90 Mn
Sep 30, 2021 58.37 Mn
Mar 31, 2021 105.31 Mn
Sep 30, 2020 122.91 Mn
Mar 31, 2020 221.69 Mn
Sep 30, 2019 256.77 Mn
Sep 30, 2018 261.98 Mn