XChange TEC Inc. American
XChange TEC Inc. American Depositary Shares is the publicly traded ADR of XChange TEC.INC, a company focused on insurance agency and insurance technology services. Through its operating businesses, XChange TEC serves customers in the People’s Republic of China and maintains an expanding presence in Hong Kong, with activities centered on distributing and facilitating a range of insurance products. The company’s core offering includes automobile insurance, along with life, health, group accident, and other property-related insurance products. It works as an intermediary in the insurance market, connecting policyholders with insurance providers and supporting digital and agency-based distribution channels. XChange TEC Inc. American Depositary Shares represents the company’s equity interests in a form designed for U.S. market access, making the security relevant to investors following Chinese consumer insurance and insurtech exposure.
$2.00
+$0.31 (+18.34%)
EOD Oct 16, 2026
The business is unprofitable at the operating level (-9.41% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 99.9% YoY. Margins deteriorated 4.6pp alongside, both lines moving the wrong way.
Negative free cash flow of -¥12K. The business is consuming cash, not generating it. Operating margin contracted 4.6pp YoY, cost discipline may be slipping.
Price History
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
¥365K
▼ -99.9% YoY
Net Income (TTM)
-¥748K
▲ +99.7% YoY
Op. Margin
-9.41%
▼ -4.6pp YoY
ROIC
-0.00%
▲ +1.9pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-¥12K
▲ +99.9% YoY
Op. Cash Flow (TTM)
-¥12K
▲ +99.9% YoY
Net Debt
¥688M
Cash & Equiv.
¥13M
Continue Research
Is XChange TEC Inc. American (XHG) overvalued?
XChange TEC Inc. American (XHG)'s valuation is best read against its own history, its peers, and the growth its price implies. A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, XChange TEC Inc. American scores 0/100 on Intrinsiqq's quality scorecard (a lower-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. All figures are computed from company filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.
Frequently asked
Is XChange TEC Inc. American a high-quality business?+
XChange TEC Inc. American scores 0 out of 100 on Intrinsiqq's quality score, a weighted blend of 4 metrics each scored 0 to 100, which makes it a lower-quality business on these measures. Recent fundamentals include a -9.4% operating margin and a -0.0% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from company filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Is XChange TEC Inc. American a good stock to buy right now?+
That depends on valuation and quality together, not either alone. you should weigh XHG's valuation and scores 0/100 on quality (lower-quality). A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from company filings, not investment advice.
Related stocks: Insurance Brokers
Spot a number that looks wrong?
Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.