XChange TEC.INC Past Earnings Performance
Past criteria checks 0/6
XChange TEC.INC has been growing earnings at an average annual rate of 38.5%, while the Insurance industry saw earnings growing at 12.6% annually. Revenues have been declining at an average rate of 47.8% per year.
Key information
38.5%
Earnings growth rate
98.3%
EPS growth rate
| Insurance Industry Growth | 8.0% |
| Revenue growth rate | -47.8% |
| Return on equity | n/a |
| Net Margin | -51.2% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How XChange TEC.INC makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 77 | -39 | 30 | 0 |
| 31 Dec 23 | 38 | -33 | 28 | 0 |
| 30 Sep 23 | 0 | -27 | 26 | 0 |
| 31 Mar 23 | -364 | -256 | 431 | 0 |
| 31 Dec 22 | -182 | -375 | 442 | 0 |
| 30 Sep 22 | 0 | -495 | 453 | 0 |
| 30 Jun 22 | 719 | 158 | 345 | 0 |
| 31 Mar 22 | 785 | -504 | 202 | 0 |
| 31 Dec 21 | 911 | -537 | 220 | 0 |
| 30 Sep 21 | 0 | -131 | 27 | 0 |
| 30 Jun 21 | 1,116 | -997 | 187 | 0 |
| 31 Mar 21 | 1,196 | -1,425 | 135 | 0 |
| 31 Dec 20 | 1,202 | -1,479 | 170 | 0 |
| 30 Sep 20 | 1,208 | -1,534 | 205 | 0 |
| 30 Jun 20 | 1,253 | -1,223 | 249 | 0 |
| 31 Mar 20 | 1,272 | -808 | 305 | 0 |
| 31 Dec 19 | 1,253 | -807 | 319 | 0 |
| 30 Sep 19 | 1,234 | -806 | 333 | 0 |
| 30 Jun 19 | 1,195 | -778 | 365 | 0 |
| 30 Sep 18 | 890 | -635 | 372 | 0 |
| 30 Sep 17 | 523 | -304 | 140 | 0 |
Quality Earnings: XHG is currently unprofitable.
Growing Profit Margin: XHG is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: XHG is unprofitable, but has reduced losses over the past 5 years at a rate of 38.5% per year.
Accelerating Growth: Unable to compare XHG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: XHG is unprofitable, making it difficult to compare its past year earnings growth to the Insurance industry (33.2%).
Return on Equity
High ROE: XHG's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.