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NASDAQ · Insurance Brokers · USD

XChange TEC.INC (XHG) Stock Analysis

XChange TEC.INC (XHG) is a Insurance Brokers stock listed on NASDAQ and quoted in US Dollar.

XHG

$3.31

−$0.12 (−3.50%)

Sep 4, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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XHG Key Statistics

As of Sep 4, 2026
Trading
Open
$3.42
Previous Close
$3.43
Day's Range
3.30–3.42
52-Week Range
0.65–7.23
Volume
10.20K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
−0.40
Valuation
Market Cap
$170.62M
P/E Ratio
unprofitable
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
0.44
EPS (ttm)Profit attributable to each share over the last twelve months.
0.00
Financials (FY)
Revenue (FY)
$365.27K−99.87%
Net Income (FY)
−$748.41K
Profit marginThe share of revenue left as profit after all costs and taxes.
−22.87%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
46.60M
1-Year Return
+236.72%
Dividend and dates
Avg Volume
1.45M

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

XHG Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+288.50%
2025−95.06%
2024−97.84%
2023−97.97%
2022−11.35%
2021−79.37%
2020−75.55%
2019 (partial year)−37.64%

As of September 4, 2026.

XHG Revenue and Earnings by Fiscal Year

FY ends September
Fiscal yearRevenueNet incomeNet margin
2025$365.27K−$748.41K−204.9%
2024$288.37M−$226.82M−78.7%
2023$0.00−$71.31M
2022$0.00$820.02M
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$365.27K$8.00K−$34.39K−$748.41K−204.9%
2024$288.37M$13.47M−$13.85M−$226.82M−78.7%
2023$0.00$0.00−$23.54M−$71.31M
2022$0.00$0.00−$29.36M$820.02M

Annual figures as reported, in the company's reporting currency. As of September 30, 2025.

XHG Valuation vs Insurance Brokers Median

Median of 24 stocks
MetricXHGInsurance Brokers medianvs median
P/S ratio0.443.120.1x the median
Profit margin−22.87%3.49%26.4 pts below

Medians across 24 Insurance Brokers stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Analysis

Data-derived

Company Overview

XChange TEC.INC (XHG) is capitalised at $170.62M on the latest close. It is classified in the Insurance Brokers industry, within the Financial Services sector. Headcount on file is 30.

The most recent close on file for XHG is $3.31, dated September 4, 2026. That is −$0.12 (−3.50%) against the previous close. The 52-week range on file runs from $0.65 to $7.23. The latest close sits 409.23% above that 52-week low.

Financial Health

In fiscal 2025, XChange TEC.INC reported revenue of $365.27K. Against the prior fiscal year total of $288.37M, that is a change of −99.87%. The same year closed with a net loss of $748.41K. The reported profit margin is −22.87%. That is 26.4 percentage points below the Insurance Brokers median of 3.49%. Earnings per share on a trailing basis come to 0.

Across the 4 fiscal years on file, revenue moves from $0.00 in 2022 to $365.27K in 2025. Of those 4 years, 1 report positive net income.

Valuation Assessment

No trailing P/E applies: the last reported earnings figure is negative. The price-to-sales ratio is 0.44. On price-to-sales that is 0.1 times the Insurance Brokers median of 3.12. 24 Insurance Brokers companies report these metrics, and the medians quoted come from that group.

The reported beta is −0.4. Annualized volatility over the trailing 6 years is 234.61%. Over the trailing twelve months the price has returned +236.72%. Measured over 5 years, that is −86.27% a year compounded.

Growth & Income

No dividend is on file for XHG.

Across the complete calendar years on file, 2022 returned −11.35% and 2023 returned −97.97%. Of the 6 complete calendar years on file, 0 finished higher. 2026 is still running; the price is +288.50% year to date.

Peer Comparison

XChange TEC.INC (XHG) operates in the Insurance Brokers industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
XChange TEC.INC XHG $170.62M
Marsh & McLennan Companies, Inc. MRSH $88.64B 23.0
Aon plc AON $68.54B 18.0
Arthur J. Gallagher & Co. AJG $67.34B 44.2

The Insurance Brokers industry average P/E ratio is 23.0x. XChange TEC.INC has no P/E ratio because it is not currently profitable.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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About XChange TEC.INC

XChange TEC.INC, together with its subsidiaries, engages in the insurance agency and insurance technology businesses primarily to individual end consumers in the People's Republic of China and Hong Kong. The company offers various insurance products underwritten by insurance companies, including industry state-owned property and casualty insurance companies, as well as certain regional property and casualty insurance companies. It also provides automobile, life, health, group accidents, and other property related insurance products. In addition, the company operates a SaaS platform to offers comprehensive services to offline and online customers. It sells its insurance products primarily through a network of external referral sources that include external registered sales representatives, distribution channel partners, and through its in-house sales force. The company was formerly known as FLJ Group Limited and changed its name to XChange TEC.INC in May 2024. XChange TEC.INC was founded in 2007 and is based in Shanghai, the People's Republic of China.

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