XChange TEC.INC (XHG) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Low Risk
Limited dilution potential
Last updated: September 09, 2025

Risk Assessment Details

Potential Dilution: 0.0% of current shares
Recent Dilution: 0% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
73T
Potential Supply
0
Additional shares possible
Splits
None
Past 2 years

Summary

XHG currently has 73.1T outstanding shares. with minimal authorized share overhang for future dilution. The company has not diluted shareholders through share issuances in the past 2 years, which is positive for existing holders.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Sep 09, 2025

F-3 filing: XChange TEC.INC may offer and sell from time to time up to a total amount of US$300,000,000, consisting of American Depositary Shares, Class A ordinary shares, preferred shares, warrants, units, and debt securities, or any combination thereof, in one or more offerings under this prospectus.

73T 0
Jan 22, 2025

20-F filing | 73117892.0M shares outstanding

73T 0
Feb 09, 2024

20-F filing | 2587892.0M shares outstanding

2.6T 0
Jan 23, 2023

20-F filing | 25878.9M shares outstanding

26B 0
Feb 15, 2022

20-F filing | 1647.4M shares outstanding

1.6B 0
Jul 27, 2021

F-3 filing: Q&K International Group Limited may offer and sell Class A ordinary shares, including American depositary shares, from time to time in one or more offerings, at prices and on terms described in one or more supplements to this prospectus. The aggregate initial offering price of the securities will not exceed US$20,000,000.

1.4B 0
Feb 16, 2021

20-F filing | 1436.0M shares outstanding

1.4B 0
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