XChange TEC.INC (XHG) Other financing activities (2018 - 2023)
XChange TEC.INC (XHG) recorded quarterly Other financing activities of $4.3 million in Q1 2023, down 22.99% on a QoQ basis from $5.6 million in Q3 2022, and down 51.16% year-over-year from $8.9 million in Q1 2022.
XChange TEC.INC (XHG) Other financing activities (2018 - 2023) Analysis & Trends
XChange TEC.INC has disclosed Other financing activities across 6 years of filings, most recently posting $4.3 million for Q1 2023.
- Quarterly Other financing activities fell 51.16% year-over-year to $4.3 million in Q1 2023, while the trailing twelve-month figure through Mar 2023 was $4.3 million (down 51.16% YoY) and the FY2024 annual result came in at $348727.8, down 48.62% from the prior year.
- Other financing activities fell to $4.3 million in Q1 2023, from $5.6 million in the prior quarter.
- Over five years, Other financing activities peaked at $23.3 million in Q3 2019 and troughed at $4.3 million in Q1 2023.
- A 5-year average of $11.6 million and a median of $10.4 million in 2021 frame the typical range for Other financing activities.
- Annual changes were most pronounced in 2019 — Other financing activities soared 39.71% — and 2023, when it tumbled 51.16%.
- Tracing XHG's Other financing activities over 5 years: stood at $23.3 million in 2019, then slumped by 49.0% to $11.9 million in 2020, then declined by 14.36% to $10.2 million in 2021, then plunged by 44.74% to $5.6 million in 2022, then decreased by 22.99% to $4.3 million in 2023.
- Business Quant data shows XHG's Other financing activities at $4.3 million in Q1 2023, $5.6 million in Q3 2022, and $8.9 million in Q1 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 79.42 Bn | 67.92 Bn | 5.88 Bn |
| 2 | Aon | 69.98 Bn | 68.59 Bn | - |
| 3 | Arthur J. Gallagher | 55.55 Bn | 54.17 Bn | - |
| 4 | Willis Towers Watson | 24.71 Bn | 22.93 Bn | 1.98 Bn |
| 5 | Brown & Brown | 19.80 Bn | 18.82 Bn | 1.61 Bn |
| 6 | XChange TEC.INC | 6.75 Bn | 6.75 Bn | - |
| 7 | Neptune Insurance Holdings | 4.00 Bn | 3.99 Bn | - |
| 8 | Corvel | 2.98 Bn | 2.64 Bn | 54.92 Mn |
| 9 | Accelerant Holdings | 2.93 Bn | 1.42 Bn | 48.00 Mn |
| 10 | Baldwin Insurance | 1.62 Bn | 2.07 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2023 | 4.33 Mn |
| Mar 31, 2023 | 4.33 Mn |
| Sep 30, 2022 | 5.62 Mn |
| Sep 30, 2022 | 5.62 Mn |
| Mar 31, 2022 | 8.86 Mn |
| Mar 31, 2022 | 8.86 Mn |
| Sep 30, 2021 | 10.17 Mn |
| Sep 30, 2021 | 10.17 Mn |
| Mar 31, 2021 | 10.64 Mn |
| Mar 31, 2021 | 10.64 Mn |
| Sep 30, 2020 | 11.87 Mn |
| Sep 30, 2020 | 11.87 Mn |
| Mar 31, 2020 | 18.34 Mn |
| Mar 31, 2020 | 18.34 Mn |
| Sep 30, 2019 | 23.28 Mn |
| Sep 30, 2019 | 23.28 Mn |
| Sep 30, 2018 | 16.67 Mn |
| Sep 30, 2018 | 16.67 Mn |