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XHG (XChange Tec) Net Cash per Share : $-28.35 (As of Sep. 2024)


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What is XChange Tec Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). XChange Tec's Net Cash per Share for the quarter that ended in Sep. 2024 was $-28.35.

The historical rank and industry rank for XChange Tec's Net Cash per Share or its related term are showing as below:

XHG's Price-to-Net-Cash is not ranked *
in the Insurance industry.
Industry Median: 4.13
* Ranked among companies with meaningful Price-to-Net-Cash only.

XChange Tec Net Cash per Share Historical Data

The historical data trend for XChange Tec's Net Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

XChange Tec Net Cash per Share Chart

XChange Tec Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Net Cash per Share
Get a 7-Day Free Trial -34,651.08 -31,595.07 -440.47 -423.15 -28.35

XChange Tec Semi-Annual Data
Sep17 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -440.47 -689.83 -423.15 -916.79 -28.35

Competitive Comparison of XChange Tec's Net Cash per Share

For the Insurance Brokers subindustry, XChange Tec's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


XChange Tec's Price-to-Net-Cash Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, XChange Tec's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where XChange Tec's Price-to-Net-Cash falls into.


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XChange Tec Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

XChange Tec's Net Cash per Share for the fiscal year that ended in Sep. 2024 is calculated as

Net Cash per Share (A: Sep. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1.43-189.289-0)/6.626
=-28.35

XChange Tec's Net Cash per Share for the quarter that ended in Sep. 2024 is calculated as

Net Cash per Share (Q: Sep. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1.43-189.289-0)/6.626
=-28.35

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


XChange Tec  (NAS:XHG) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


XChange Tec Net Cash per Share Related Terms

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XChange Tec Business Description

Traded in Other Exchanges
N/A
Address
1136 Xinzha Road, No.801, Building 1, JingAn District, Shanghai, CHN, 200041
XChange Tec Inc, through its subsidiaries operates in insurance agency and insurance technology business. The company specialized in distributing automobile insurance policies at the earlier stage of business and subsequently expanded insurance product portfolio to include other types of insurance including life, health, group accident and other property related insurances. A maximum of the insurance purchased through platform and agency services is of automobile insurance.