Stocktoria

XChange TEC.INC XHG

Nasdaq · XNAS · stock · Insurance Agents, Brokers & Service · website · IPO 2019-11-05

XChange TEC.INC statistics & valuation

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021
Gross margin2.2%4.7%
Operating margin-197.2%-204.2%-37.4%-38.6%
Net margin-204.9%-552.0%125.7%-54.9%
FCF margin-100.4%
Return on assets-1078.8%-203.3%-607.4%858.2%-150.7%
Return on equity85.0%40.8%11.1%-143.1%22.8%
Debt / equity-0.08×
Current ratio0.040.050.020.110.08
Revenue growth24.9%-43.0%-9.6%

Source: SEC EDGAR filings · CIK 0001769256 · as of 2025-09-30. Facts from filings plus Stocktoria's own computed scores — not investment advice.