XChange TEC.INC Balance Sheet

Financials in millions CNY. Fiscal year is October - September.

Millions CNY. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Cash & Equivalents	10.88	8.09	0.29	2.77	16.32
Short-Term Investments	1.89	2.03	-	-	-
Cash & Short-Term Investments	12.77	10.12	0.29	2.77	16.32
Cash Growth	26.22%	3437.41%	-89.68%	-83.01%	-28.68%
Accounts Receivable	23.46	36.28	-	0.75	0.37
Other Receivables	-	-	-	-	0.2
Total Trade Receivables	23.46	36.28	-	0.75	0.57
Restricted Cash	-	-	-	0.11	2.94
Other Current Assets	3.64	21.25	85.37	67.53	156.85
Total Current Assets	39.86	67.64	85.65	71.16	176.67
Net Property, Plant & Equipment	0.56	0.95	-	0.5	38.94
Other Intangible Assets	0.68	-	-	13.48	152.46
Goodwill	23.28	709.24	-	-	-
Other Long-Term Assets	5	5	-	10.41	9.56
Total Assets	69.38	782.84	85.65	95.54	377.63
Accounts Payable	30.54	41.3	4.68	127.5	320.27
Accrued Expenses	52.7	34.67	1.27	81.65	1,049
Short-Term Debt	700.55	1,100	44.43	125.85	576.8
Current Portion of Leases	0.2	0.35	-	-	-
Unearned Revenue	0.02	-	-	168.37	236.94
Other Current Liabilities	165.16	162.81	678.7	165.03	164.25
Total Current Liabilities	949.17	1,339	729.08	668.4	2,348
Long-Term Debt	-	-	-	-	514.91
Long-Term Leases	0.35	0.59	-	-	-
Total Long-Term Liabilities	0.35	0.59	-	-	514.91
Total Liabilities	949.52	1,339	729.08	668.4	2,863
Common Stock	179.57	57.18	1.9	1.73	0.11
Treasury Stock	-	-	-	-	-0.01
Additional Paid-in Capital	3,466	3,137	2,959	2,955	1,845
Accumulated Other Comprehensive Income	79.99	106.05	25.42	29.45	38.78
Retained Earnings	-4,605	-3,857	-3,630	-3,559	-4,379
Total Common Shareholders' Equity	-880.14	-556.57	-643.42	-572.86	-2,495
Minority Interest	-	-	-	-	9.6
Shareholders' Equity	-880.14	-556.57	-643.42	-572.86	-2,485
Total Liabilities & Equity	69.38	782.84	85.65	95.54	377.63
Total Debt	701.11	1,101	44.43	125.85	1,092
Net Cash (Debt)	-688.34	-1,091	-44.15	-123.08	-1,075
Net Cash Per Share	-32.87	-10985.48	-3777.10	-10530.72	-1766925.94
Book Value	-880.14	-556.57	-643.42	-572.86	-2,495
Book Value Per Share	-42.03	-5606.70	-55050.90	-49013.60	-4098610.00
Tangible Book Value	-904.1	-1,266	-643.42	-586.34	-2,647
Tangible Book Value Per Share	-43.18	-12751.30	-55050.90	-50166.60	-4349120.00

Updated Sep 30, 2025. Data Source: Fiscal.ai. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q