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BingEx Limited logo

BingEx Limited

FLX

NASDAQIndustrialsIntegrated Freight & Logistics

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Previous close

$2.00

−$0.03 · -1.48%

Aug 21, 4:00 PM ET

FLX company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

73

Undervalued

Momentum

21

Weakening

Sentiment

60

Mixed

Risk resilience

41

Elevated Risk

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Company profile

Company website

BingEx Limited, through its various operating units, provides specialized, on-demand delivery solutions across the People's Republic of China, marketed under the FlashEx brand. These courier services are executed by its network of service providers, dubbed "Flash-Riders." The company serves a broad clientele, encompassing both individual users and commercial enterprises, including neighborhood shops, eateries, and logistics firms, all accessible through its digital platform and dedicated mobile application. The firm was established in 2013 and maintains its principal office in Beijing, China.

Industry
Integrated Freight & Logistics
Sector
Industrials
Headquarters
CN
CEO
Peng Xue
Listed since
Oct 4, 2024
Employees
807

Market position

Day range

Current $2.00

52-week range

Current $2.00

Open
$1.9344
Previous close
$2.03
Volume
138.66K
0.81× average
Average volume
170.45K
Average daily volume
Market cap
45.69M USD
Beta
0.49
Market reference 1
50-day average
$2.1349
-6.32% below average
200-day average
$2.6761
-25.26% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
-27.19M CNY
P/E (TTM)
-23.59×
P/B (TTM)
0.41×
P/S (TTM)
0.08×
EV / EBITDA
-0.24×
Earnings yield
21.38%
Free cash flow yield
19.32%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
10.85%
Operating margin
0.91%
Net margin
-0.27%
Return on equity
13.09%
Return on assets
8.49%
Return on invested capital
5.38%

Financial health

Debt / equity
0.03×
Current ratio
2.35×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends14%5%-3%-12%Gross margin, FY2021: 6.22%Gross margin, FY2022: 6.48%Gross margin, FY2023: 8.71%Gross margin, FY2024: 10.98%Gross margin, FY2025: 11.75%Operating margin, FY2021: -9.89%Operating margin, FY2022: -5.06%Operating margin, FY2023: 0.24%Operating margin, FY2024: -0.58%Operating margin, FY2025: 1.16%Net margin, FY2021: -9.57%Net margin, FY2022: -4.51%Net margin, FY2023: 2.44%Net margin, FY2024: -3.28%Net margin, FY2025: 2.74%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 6.22%. Gross margin FY2022 6.48%. Gross margin FY2023 8.71%. Gross margin FY2024 10.98%. Gross margin FY2025 11.75%. Operating margin FY2021 -9.89%. Operating margin FY2022 -5.06%. Operating margin FY2023 0.24%. Operating margin FY2024 -0.58%. Operating margin FY2025 1.16%. Net margin FY2021 -9.57%. Net margin FY2022 -4.51%. Net margin FY2023 2.44%. Net margin FY2024 -3.28%. Net margin FY2025 2.74%.

Income trends

Revenue

3.99B CNY-10.66%

Operating income

46.3M CNY+72.08M CNY

Net income

109.43M CNY+255.91M CNY
Income trends across reported periods5.01B CNY3.08B CNY1.15B CNY−783.44M CNYRevenue, FY2021: 3.04B CNYRevenue, FY2022: 4B CNYRevenue, FY2023: 4.53B CNYRevenue, FY2024: 4.47B CNYRevenue, FY2025: 3.99B CNYOperating income, FY2021: −300.51M CNYOperating income, FY2022: −202.48M CNYOperating income, FY2023: 10.65M CNYOperating income, FY2024: −25.78M CNYOperating income, FY2025: 46.3M CNYNet income, FY2021: −291M CNYNet income, FY2022: −180.44M CNYNet income, FY2023: 110.5M CNYNet income, FY2024: −146.48M CNYNet income, FY2025: 109.43M CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 3.04B CNY. Revenue FY2022 4B CNY. Revenue FY2023 4.53B CNY. Revenue FY2024 4.47B CNY. Revenue FY2025 3.99B CNY. Operating income FY2021 −300.51M CNY. Operating income FY2022 −202.48M CNY. Operating income FY2023 10.65M CNY. Operating income FY2024 −25.78M CNY. Operating income FY2025 46.3M CNY. Net income FY2021 −291M CNY. Net income FY2022 −180.44M CNY. Net income FY2023 110.5M CNY. Net income FY2024 −146.48M CNY. Net income FY2025 109.43M CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue3.99B CNY4.47B CNY4.53B CNY4B CNY3.04B CNY
Cost of goods sold3.52B CNY3.98B CNY4.13B CNY3.74B CNY2.85B CNY
Gross profit469.1M CNY490.56M CNY394.56M CNY259.26M CNY189.11M CNY
Research and development84.47M CNY143.86M CNY90.85M CNY118.62M CNY104.77M CNY
Selling, general, and administrative338.33M CNY372.48M CNY293.06M CNY343.12M CNY384.85M CNY
Operating expenses422.8M CNY516.34M CNY383.91M CNY461.74M CNY489.62M CNY
Interest income14.28M CNY21.22M CNY20.88M CNY9.57M CNY5.33M CNY
Depreciation and amortization1.78M CNY2.97M CNY4.89M CNY5.46M CNY4.28M CNY
Operating income46.3M CNY−25.78M CNY10.65M CNY−202.48M CNY−300.51M CNY
Net income109.43M CNY−146.48M CNY110.5M CNY−180.44M CNY−291M CNY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
0.03

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.170.090.01-0.07Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 27, 2024: actual 0.12, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 12, 2025: actual 0.08, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 22, 2025: actual 0.1, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 19, 2025: actual 0.11, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 19, 2025: actual 0.13, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 17, 2026: actual 0.1, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 21, 2026: actual -0.03, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 20, 2026: actual 0.03, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates171.15M154.13M137.1M120.08MQ4 '24No estimateQ1 '25No estimateQ2 '25No estimateQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26No estimateQ3 '26No estimate
Q4 2024, reported Nov 27, 2024: actual 164.57M USD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 12, 2025: actual 140.91M USD, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 22, 2025: actual 131.95M USD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 19, 2025: actual 142.98M USD, estimate 138.15M USD, surprise +3.49%, Beat. Q4 2025, reported Nov 19, 2025: actual 141.19M USD, estimate 138.18M USD, surprise +2.18%, Beat. Q1 2026, reported Mar 17, 2026: actual 143.15M USD, estimate 126.66M USD, surprise +13.01%, Beat. Q2 2026, reported May 21, 2026: actual 135.55M USD, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 20, 2026: actual 138.39M USD, estimate —, surprise —, Comparison unavailable.

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ETFs holding FLX

Funds reporting this stock among their holdings, ordered by reported position size.

Invesco Golden Dragon China ETF logoInvesco Golden Dragon China ETFPGJ
Market value
49.9K
Weight
0.05%
AUM
92.77M USD
Expense ratio
0.70%
Price / 1D
$24.32+0.25%

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