XChange TEC.INC (XHG) Liabilities and Shareholders Equity (2018 - 2026)
XChange TEC.INC (XHG) recorded quarterly Liabilities and Shareholders Equity of $9.4 million in Q1 2026, down 3.01% on a QoQ basis from $9.7 million in Q3 2025, and down 40.88% YoY from $15.9 million in Q1 2025.
XChange TEC.INC (XHG) Liabilities and Shareholders Equity (2018 - 2026) Analysis & Trends
XChange TEC.INC (XHG) has reported Liabilities and Shareholders Equity for 9 consecutive years, with $9.4 million the latest figure, recorded in Q1 2026.
- For the quarter ending Q1 2026, Liabilities and Shareholders Equity fell 40.88% year-over-year to $9.4 million; the trailing twelve-month figure through Mar 2026 stood at $144.2 million (down 54.71% YoY), and the FY2025 full-year result was $9.7 million, down 91.1% from the prior year.
- Liabilities and Shareholders Equity was $9.4 million for Q1 2026 at XChange TEC.INC, down from $9.7 million in the prior quarter.
- The five-year high for Liabilities and Shareholders Equity was $187.7 million in Q1 2024, with the low at $5.6 million in Q4 2023.
- Historically, Liabilities and Shareholders Equity has averaged $46.2 million across 5 years, with a median of $14.9 million in 2022.
- Annual changes were most pronounced in 2024 — Liabilities and Shareholders Equity jumped 822.43% — and 2025, when it plunged 91.53%.
- Tracing XHG's Liabilities and Shareholders Equity over 5 years: stood at $14.0 million in 2022, then plunged by 59.82% to $5.6 million in 2023, then soared by 1846.41% to $109.2 million in 2024, then tumbled by 91.13% to $9.7 million in 2025, then declined by 3.01% to $9.4 million in 2026.
- Per Business Quant data, the three most recent Liabilities and Shareholders Equity figures were $9.4 million in Q1 2026, $9.7 million in Q3 2025, and $15.9 million in Q1 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Liabilities and Shareholders Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 81.24 Bn | 69.29 Bn | 6.04 Bn | 59.68 Bn |
| 2 | Aon | 60.67 Bn | 59.43 Bn | - | 53.35 Bn |
| 3 | Arthur J. Gallagher | 59.09 Bn | 57.73 Bn | - | 81.81 Bn |
| 4 | Willis Towers Watson | 28.02 Bn | 26.44 Bn | 2.09 Bn | 30.56 Bn |
| 5 | Brown & Brown | 20.61 Bn | 19.72 Bn | 1.41 Bn | 29.89 Bn |
| 6 | XChange TEC.INC | 11.95 Bn | 11.95 Bn | - | 9.40 Mn |
| 7 | Erie Indemnity | 10.83 Bn | 10.48 Bn | - | 3.56 Bn |
| 8 | Ryan Specialty Holdings | 9.82 Bn | 10.19 Bn | - | 11.97 Bn |
| 9 | Hagerty | 4.67 Bn | 4.81 Bn | 244.11 Mn | 2.15 Bn |
| 10 | Baldwin Insurance | 4.45 Bn | 4.81 Bn | - | 6.17 Bn |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 9.40 Mn |
| Sep 30, 2025 | 9.69 Mn |
| Mar 31, 2025 | 15.90 Mn |
| Sep 30, 2024 | 109.23 Mn |
| Mar 31, 2024 | 187.70 Mn |
| Dec 28, 2023 | 5.61 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 | 224.92 Mn |
| Sep 30, 2019 | 256.77 Mn |
| Sep 30, 2018 | 261.98 Mn |
XChange TEC.INC Liabilities and Shareholders Equity API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=liabilities-and-shareholders-equity&ticker=XHG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "liabilities-and-shareholders-equity", "ticker": "XHG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=liabilities-and-shareholders-equity&ticker=XHG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();