Financial Snapshot

Revenue
$276.4M
TTM
Gross Margin
-1.69%
TTM
Net Earnings
$272.8M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
5.05%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
-$79.31M
Q3 2024
Cash
Q3 2024
P/E
0.001387
Nov 29, 2024 EST
Free Cash Flow
-$14.39M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Revenue 288.4M cnies $91.70M $1.036B $1.208B $1.234B $889.9M $522.7M
YoY Change -91.15% -14.22% -2.09% 38.64% 70.25%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Revenue 288.4M cnies $91.70M $1.036B $1.208B $1.234B $889.9M $522.7M
Cost Of Revenue 274.9M cnies $99.95M $949.7M $1.218B $1.348B $1.015B $567.6M
Gross Profit $1.919M -$8.249M $86.55M -$9.700M -$113.9M -$125.1M -$44.80M
Gross Profit Margin 0.67% -9.0% 8.35% -0.8% -9.23% -14.06% -8.57%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Selling, General & Admin $3.889M $3.522M $8.740M $230.2M $166.3M $243.6M $202.8M $76.40M
YoY Change 10.42% -59.7% -96.2% 38.44% -31.73% 20.12% 165.45%
% of Gross Profit 202.66% 265.99%
Research & Development $3.000K $46.00K $393.0K $7.768M $24.90M $47.00M $51.90M $44.20M
YoY Change -93.48% -88.3% -94.94% -68.8% -47.02% -9.44% 17.42%
% of Gross Profit 0.16% 8.97%
Depreciation & Amortization $1.002M $79.26M $263.0M $215.1M $152.3M $101.8M
YoY Change -98.74% -69.87% 22.3% 41.21% 49.63%
% of Gross Profit 91.57%
Operating Expenses $85.83M $3.522M $9.133M $256.5M $175.3M $288.2M $250.7M $121.9M
YoY Change 2336.85% -61.44% -96.44% 46.3% -39.17% 14.96% 105.66%
Operating Profit -$83.91M -$3.527M -$34.29M -$169.9M -$185.0M -$402.1M -$375.8M -$166.7M
YoY Change 2278.99% -89.71% -79.82% -8.15% -53.99% 7.0% 125.43%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Interest Expense $215.0K -$9.403M -$127.5M -$130.3M -$92.40M -$77.30M -$50.10M
YoY Change -102.29% -92.63% -2.12% 41.02% 19.53% 54.29%
% of Operating Profit
Other Income/Expense, Net -$3.391M $1.000K $0.00 $0.00 $97.40M $42.40M $6.200M -$5.200M
YoY Change -339200.0% -100.0% 129.72% 583.87% -219.23%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Pretax Income -$87.30M -$3.742M $115.3M -$569.2M -$1.534B -$498.3M -$497.5M -$244.8M
YoY Change 2232.92% -103.25% -120.25% -62.89% 207.77% 0.16% 103.23%
Income Tax $78.00K $21.00K $31.00K $0.00 $100.0K $2.400M $600.0K
% Of Pretax Income 0.02%
Net Earnings -$32.32M -71.31M cnies $820.0M -$569.2M -$1.534B -$498.2M -$499.9M -$245.5M
YoY Change -54.68% -108.7% -244.07% -62.89% 207.83% -0.34% 103.63%
Net Earnings / Revenue -11.21% 894.22% -54.93% -126.95% -40.38% -56.17% -46.97%
Basic Earnings Per Share $0.00 $0.00 $0.08 -$0.39 -$1.14
Diluted Earnings Per Share $0.00 $0.00 $0.08 -$1.948M -$1.135M -$349.9K -$351.1K -$172.4K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Cash & Short-Term Investments $360.0K $2.800M $16.32M $22.90M $159.8M $103.8M $365.1M
YoY Change -87.14% -82.84% -28.75% -85.67% 53.95% -71.57%
Cash & Equivalents $360.0K $2.800M $16.32M $22.90M $159.8M $103.8M $365.1M
Short-Term Investments
Other Short-Term Assets $78.00M $59.10M $146.8M $126.3M $219.2M $185.7M $94.70M
YoY Change 31.97% -59.75% 16.27% -42.38% 18.04% 96.09%
Inventory
Prepaid Expenses
Receivables $800.0K $370.0K $1.900M $1.300M $500.0K $300.0K
Other Receivables $8.500M $13.13M $51.90M $216.2M $158.0M $81.90M
Total Short-Term Assets $85.65M $71.20M $176.7M $203.0M $596.5M $447.9M $542.0M
YoY Change 20.3% -59.7% -12.97% -65.97% 33.18% -17.36%
Property, Plant & Equipment $500.0K $38.94M $358.0M $1.185B $1.321B $578.3M
YoY Change -98.72% -89.12% -69.8% -10.26% 128.39%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $0.00 $10.40M $9.556M $57.10M $5.900M $400.0K $200.0K
YoY Change -100.0% 8.83% -83.26% 867.8% 1375.0% 100.0%
Total Long-Term Assets $0.00 $24.30M $201.0M $647.7M $1.203B $1.334B $591.6M
YoY Change -100.0% -87.91% -68.97% -46.17% -9.77% 125.41%
Total Assets $85.65M $95.50M $377.6M $850.7M $1.800B $1.781B $1.134B
YoY Change
Accounts Payable $182.0K $122.7M $320.3M $294.5M $277.1M $431.0M $113.9M
YoY Change -99.85% -61.69% 8.75% 6.28% -35.71% 278.4%
Accrued Expenses $2.375M $18.00M $973.1M $391.6M $70.90M $74.90M $49.30M
YoY Change -86.81% -98.15% 148.48% 452.33% -5.34% 51.93%
Deferred Revenue
YoY Change
Short-Term Debt $44.43M $125.9M $357.7M $455.1M $821.7M $1.168B $743.3M
YoY Change -64.71% -64.8% -21.41% -44.61% -29.65% 57.15%
Long-Term Debt Due $0.00 $219.1M $195.2M $254.1M $72.00M $114.7M
YoY Change -100.0% 12.25% -23.18% 252.92% -37.23%
Total Short-Term Liabilities $729.1M $668.4M $2.348B $1.962B $1.697B $1.970B $1.173B
YoY Change 9.08% -71.53% 19.67% 15.59% -13.85% 67.91%
Long-Term Debt $0.00 $0.00 $514.9M $466.6M $428.3M $165.5M $182.5M
YoY Change -100.0% 10.35% 8.94% 158.79% -9.32%
Other Long-Term Liabilities $0.00 $416.8M $485.2M $425.2M $203.9M
YoY Change -100.0% -14.1% 14.11% 108.53%
Total Long-Term Liabilities $0.00 $0.00 $514.9M $883.4M $913.5M $590.7M $386.4M
YoY Change -100.0% -41.71% -3.3% 54.65% 52.87%
Total Liabilities $729.1M $668.4M $2.872B $2.855B $2.620B $2.578B $1.577B
YoY Change 9.08% -76.73% 0.61% 8.95% 1.63% 63.45%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Basic Shares Outstanding 21010B shares 2805B shares 10.26B 1.461B 1.351B
Diluted Shares Outstanding 21010B shares 2805B shares 10.26B 1.461B 1.351B
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $378.39 Thousand

About XChange TEC.INC

XChange TEC.INC is a CN-based company operating in Insurance industry. The company is headquartered in Shanghai, Shanghai and currently employs 19 full-time employees. The company went IPO on 2019-11-05. XChange TEC.INC, formerly FLJ Group Ltd, is a holding company mainly engaged in the provision and operation of long-term apartment rental platform. The firm provides branded apartments as well as a variety of value-added services for young and emerging urban residents. The firm uses Website, www.qk365.com, mobile applications and third-party platforms to promote apartment rooms and acquire potential tenants, including search engines, online classified information platforms, online rental listing websites and agents' WeChat corporate accounts. The value-added services mainly include complementary bi-weekly cleaning of common spaces, broadband Internet and bedroom cleaning at a charge. The firm mainly conducts its businesses in the domestic market.

Industry: Insurance Agents, Brokers & Service Peers: CHINA CHANGJIANG MINING & NEW ENERGY COMPANY, LTD. Ucommune International Ltd