9 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings, in CNY as reported — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | CN¥365M | -CN¥748M | 2.2% | -197.2% | 85.0% | -1078.7% | — | — | CN¥11M |
| 2024 | CN¥288M | -CN¥227M | 4.7% | -204.2% | 40.8% | -29.0% | — | — | CN¥8M |
| 2023 | — | -CN¥71M | — | — | 11.1% | -83.3% | — | — | CN¥286000 |
| 2022 | CN¥652M | CN¥820M | -9.0% | -4.5% | -143.1% | 858.3% | — | — | CN¥563000 |
| 2021 | CN¥1.0B | -CN¥569M | 8.4% | -2.6% | 22.8% | -150.7% | -CN¥110M | CN¥537M | CN¥16M |
| 2020 | CN¥1.2B | -CN¥1.5B | 0.4% | -124.2% | 76.5% | -180.3% | -CN¥44M | CN¥801M | CN¥23M |
| 2019 | CN¥1.2B | -CN¥498M | -5.8% | -36.3% | 22.2% | -27.7% | -CN¥430M | CN¥644M | CN¥160M |
| 2018 | CN¥890M | -CN¥500M | -0.9% | -47.9% | 34.7% | -28.1% | -CN¥791M | CN¥282M | CN¥104M |
| 2017 | CN¥523M | -CN¥245M | -4.8% | -36.3% | — | — | -CN¥318M | — | CN¥365M |
Over the past 5 years, XChange TEC.INC's revenue has declined 21.3% per year. These are computed facts, not advice.
As of FY2025, XChange TEC.INC reported — of total debt against CN¥11M of cash; operating income covered interest expense -26.2×.
In FY2025, gross margin was 2.2%, operating margin -197.2%, and net margin -204.9%.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — its annual and interim reports, in CNY as reported (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (annual and interim filings, reported in CNY) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.