XChange TEC.INC (XHG)Financial Services | Insurance Brokers | Shanghai, China | NasdaqCM
3.41 USD
-0.39
(-10.263%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 3.43 +0.02 (0.610%) ⇧ (Aug. 28, 2026, 7:49 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 4:43 a.m. EDT
The investment case here is fundamentally broken. The business has suffered a catastrophic multi-year collapse, with the share price erasing nearly 100% of its value over the last five years, and every single year in that period has seen a decline. This is not a temporary downturn; the market has consistently reassessed the company's quality downward for half a decade, resulting in a fortress of losses rather than a margin of safety. Fundamentally, the company is hemorrhaging cash, reporting negative free cash flow and operating cash flow, while carrying a debt load that dwarfs its meager cash reserves. The balance sheet is precarious, with a current ratio indicating severe liquidity stress and negative book value suggesting the assets cannot cover liabilities. While the recent price action shows a sharp, volatile spike, this appears to be a speculative event rather than a recovery of intrinsic value, especially given the lack of institutional confidence and the warning of heavy debt risks in recent headlines. With no dividend history to provide income and a trajectory of continuous deterioration, there is no rational basis for a long-term hold. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.269857 |
| MSTL | 0.275728 |
| AutoTheta | 0.285898 |
| AutoETS | 0.295791 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 11% |
| H-stat | 189.65 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.000 |
| Excess Kurtosis | 1.60 |
| Attribute | Value |
|---|---|
| Sector | Financial Services |
| Revenue per Share | 8.386 |
| Market Cap | 175,778,432 |
| Trailing P/E | Infinity |
| Beta | -0.77 |
| Profit Margins | -22.87% |
| Website | https://www.xhghk.com |
| Attribute | Value |
|---|---|
| 52 Week Change | 2.3628318 |
| Address1 | No.259, Guoxia Road |
| Address2 | Room 613 Yangpu District |
| All Time High | 1,635,040.0 |
| All Time Low | 0.65 |
| Ask | 4.58 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 342,270 |
| Average Daily Volume3 Month | 1,472,469 |
| Average Volume | 1,472,469 |
| Average Volume10Days | 342,270 |
| Beta | -0.768 |
| Bid | 5.51 |
| Bid Size | 3 |
| Book Value | -2.506525 |
| City | Shanghai |
| Country | China |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 3.41 |
| Current Ratio | 0.038 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,786,665,600 |
| Day High | 3.82 |
| Day Low | 3.41 |
| Display Name | XChange Tec |
| Ebitda Margins | 0.0 |
| Enterprise To Revenue | 0.528 |
| Enterprise Value | 204,664,432 |
| Eps Trailing Twelve Months | 0.0 |
| Esg Populated | 0 |
| Exchange | NCM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 1.63614 |
| Fifty Day Average Change | 1.7738601 |
| Fifty Day Average Change Percent | 1.0841738 |
| Fifty Two Week Change Percent | 236.28319 |
| Fifty Two Week High | 7.23 |
| Fifty Two Week High Change | -3.82 |
| Fifty Two Week High Change Percent | -0.52835405 |
| Fifty Two Week Low | 0.65 |
| Fifty Two Week Low Change | 2.7600002 |
| Fifty Two Week Low Change Percent | 4.2461543 |
| Fifty Two Week Range | 0.65 - 7.23 |
| Financial Currency | CNY |
| First Trade Date Milliseconds | 1,572,964,200,000 |
| Float Shares | 41,858,978 |
| Free Cashflow | -408,307,488 |
| Full Exchange Name | NasdaqCM |
| Full Time Employees | 30 |
| Fullday Change | -0.39 |
| Fullday Change Percent | -10.2632 |
| Fullday Price | 3.4308 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.0241 |
| Gross Profits | 9,337,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.0 |
| Held Percent Institutions | 0.00028 |
| Implied Shares Outstanding | 51,547,926 |
| Industry | Insurance Brokers |
| Industry Disp | Insurance Brokers |
| Industry Key | insurance-brokers |
| Language | en-US |
| Last Fiscal Year End | 1,759,190,400 |
| Last Split Date | 1,746,748,800 |
| Last Split Factor | 1:20 |
| Long Business Summary | 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. |
| Long Name | XChange TEC.INC |
| Market | us_market |
| Market Cap | 175,778,432 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_639782421 |
| Most Recent Quarter | 1,774,915,200 |
| Net Income To Common | -88,610,000 |
| Next Fiscal Year End | 1,790,726,400 |
| Non Diluted Market Cap | 195,882,118 |
| Open | 3.82 |
| Operating Cashflow | -12,251,000 |
| Operating Margins | -0.0423 |
| Payout Ratio | 0.0 |
| Phone | 86 21 6422 8532 |
| Post Market Change | 0.020799875 |
| Post Market Change Percent | 0.609967 |
| Post Market Price | 3.4308 |
| Post Market Time | 1,787,960,989 |
| Previous Close | 3.8 |
| Price Hint | 4 |
| Price To Book | -1.3604492 |
| Price To Sales Trailing12 Months | 0.45371073 |
| Profit Margins | -0.22872 |
| Quick Ratio | 0.032 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -0.39 |
| Regular Market Change Percent | -10.2632 |
| Regular Market Day High | 3.82 |
| Regular Market Day Low | 3.41 |
| Regular Market Day Range | 3.41 - 3.82 |
| Regular Market Open | 3.82 |
| Regular Market Previous Close | 3.8 |
| Regular Market Price | 3.41 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 32,625 |
| Return On Assets | -0.20085 |
| Revenue Growth | 0.126 |
| Revenue Per Share | 8.386 |
| Sand P52 Week Change | 0.1966995 |
| Sector | Financial Services |
| Sector Disp | Financial Services |
| Sector Key | financial-services |
| Shares Outstanding | 46,604,623 |
| Shares Percent Shares Out | 0.0185 |
| Shares Short | 641 |
| Shares Short Previous Month Date | 1,784,073,600 |
| Shares Short Prior Month | 8,449 |
| Short Name | XChange TEC.INC |
| Short Percent Of Float | 0.020399999 |
| Short Ratio | 0.26 |
| Source Interval | 15 |
| Symbol | XHG |
| Total Cash | 6,752,000 |
| Total Cash Per Share | 0.131 |
| Total Debt | 35,638,000 |
| Total Revenue | 387,424,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | 0.0 |
| Trailing P E | Infinity |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 1.113815 |
| Two Hundred Day Average Change | 2.296185 |
| Two Hundred Day Average Change Percent | 2.06155 |
| Type Disp | Equity |
| Volume | 32,625 |
| Website | https://www.xhghk.com |
| Zip | 200,433 |