XChange TEC.INC (XHG)
NASDAQ: XHG · Real-Time Price · USD
3.310
-0.120 (-3.50%)
Sep 4, 2026, 4:00 PM EDT - Market closed
XChange TEC.INC Cash Flow Statement
Financials in millions CNY. Fiscal year is October - September.
Millions CNY. Fiscal year is Oct - Sep.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | 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 |
Net Income | -88.61 | -748.41 | -226.82 | -71.31 | 820.02 | -569.17 |
Depreciation & Amortization | 0.4 | 0.4 | 0.26 | - | - | - |
Loss (Gain) From Sale of Assets | - | - | 0.11 | - | - | - |
Asset Writedown & Restructuring Costs | 41.05 | 685.96 | 574.98 | - | - | - |
Loss (Gain) From Sale of Investments | - | - | 0.39 | - | - | - |
Stock-Based Compensation | - | - | 2.51 | 4.78 | 9.77 | 15.81 |
Provision & Write-off of Bad Debts | 10.43 | 10.21 | -0.09 | - | - | - |
Other Operating Activities | 20.69 | 27.53 | -361.79 | 46.21 | 424.87 | 1.96 |
Change in Accounts Receivable | -1.11 | 12.97 | -16.93 | - | - | - |
Change in Inventory | -1.23 | 0.42 | 0.42 | - | -7.11 | - |
Change in Accounts Payable | 4.8 | -7.49 | 24.2 | 0.18 | - | - |
Change in Other Net Operating Assets | 1.02 | 6.72 | -6.18 | -2.04 | 60.43 | -48.62 |
Operating Cash Flow | -12.25 | -11.7 | -9.77 | -39.87 | -44.33 | -109.66 |
Operating Cash Flow Growth | - | - | - | - | - | - |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | 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 |
Sale of Property, Plant & Equipment | 0.01 | - | 0.11 | - | - | - |
Cash Acquisitions | - | -0.63 | 10.87 | - | - | -6.48 |
Investment in Securities | -0.61 | 0.14 | -0.8 | - | - | - |
Other Investing Activities | - | - | - | - | -11.47 | -0 |
Investing Cash Flow | -0.6 | -0.49 | 10.17 | - | -11.47 | -6.49 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | 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 |
Short-Term Debt Issued | - | 1.06 | 18.94 | 37.89 | 6.54 | 39.65 |
Long-Term Debt Issued | - | - | - | - | 24.07 | 113.24 |
Total Debt Issued | -63.5 | 1.06 | 18.94 | 37.89 | 30.62 | 152.89 |
Short-Term Debt Repaid | - | -59.09 | -10.27 | - | - | - |
Long-Term Debt Repaid | - | - | - | - | - | -37.09 |
Total Debt Repaid | 1.14 | -59.09 | -10.27 | - | - | -37.09 |
Net Debt Issued (Repaid) | -62.36 | -58.03 | 8.67 | 37.89 | 30.62 | 115.8 |
Other Financing Activities | 76.82 | 76.82 | - | - | 3.44 | -14.2 |
Financing Cash Flow | 14.46 | 18.79 | 8.67 | 37.89 | 34.05 | 101.6 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | 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 |
Foreign Exchange Rate Adjustments | -2.05 | -3.81 | 2.91 | 0.2 | 5.38 | 2.03 |
Net Cash Flow | -0.45 | 2.79 | 11.98 | -1.78 | -16.37 | -12.51 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | 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 |
Free Cash Flow | -12.25 | -11.7 | -9.77 | -39.87 | -44.33 | -109.66 |
Free Cash Flow Growth | - | - | - | - | - | - |
Free Cash Flow Margin | -3.16% | -3.20% | -3.39% | - | - | - |
Free Cash Flow Per Share | -0.27 | -0.56 | -98.42 | -3410.93 | - | - |
Levered Free Cash Flow | -408.31 | -394.57 | 627.57 | -7.38 | -1,054 | 579.7 |
Unlevered Free Cash Flow | -395.87 | -377.36 | 643.88 | -6.41 | -1,028 | 644.22 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | 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 Income Tax Paid | - | 0.24 | -0.09 | - | - | - |
Change in Working Capital | 3.8 | 12.62 | 1.51 | -1.86 | 53.31 | -48.62 |