Craft

XChange

Stock Price

$1.1

2024-07-31

Market Capitalization

$258 M

2024-07-31

Revenue

¥365.3 M

FY, 2025

XChange Summary

Company Summary

Overview
XChange TEC (formerly known as Q&K International Group and FLJ Group) is a company developing a technology-driven long-term apartment rental platform. It offers branded apartments as well as facilitating value-added services. The company leases apartments from landlords and transforms them into standardized furnished rooms to lease to people seeking residence in cities.
Type
Public
Status
Active
Founded
2007
HQ
Shanghai, CN | view all locations
Website
https://ir.xhghk.com/
Cybersecurity rating
Sectors

Key People

  • Guangjie Jin, Chief Executive Officer, Founder and Chairman of the board of directors

    • Gang Xie, Chief Technology Officer, Director

      • Zhaochun Zheng, Chief Operating Officer, Director

        • Jackie Qiang You, Chief Financial Officer

          Operating MetricsView all

          Available Rental Units

          96.9K
          30.3%

          Q3, 2019

          Rental Units Under Renovation

          767
          91.4%

          Q3, 2019

          Rental Units Contracted

          97.6K
          17.3%

          Q3, 2019

          LocationsView all

          1 location detected

          • Shanghai, Shanghai Shi HQ

            China

            Chuanchang Rd, Xuhui Qu

          XChange Financials

          Summary Financials

          Revenue (FY, 2025)
          ¥365.3M
          Gross profit (FY, 2025)
          ¥8.0M
          Net income (FY, 2025)
          (¥748.4M)
          Cash (FY, 2025)
          ¥10.9M
          EBIT (FY, 2025)
          (¥720.8M)
          Enterprise value
          $947.6M

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