FLX · NASDAQ · Integrated Freight & Logistics

BingEx (ADR)

Delivers time-sensitive orders through FlashEx's dedicated one-rider, one-order courier model.

$1.96
After-hours close+0.01 (+0.51%)
At close$1.95(+2.63%)
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Profile

BingEx LimitedFLXIndustrials

Individual and business customers book on-demand dedicated courier services through FlashEx. The platform assigns one rider to each order, while its operations and contractual VIE structure are concentrated in China.

Individual and business customers use FlashEx to arrange on-demand dedicated courier deliveries. Its one-rider, one-order model focuses on time-sensitive shipments, delivery safety, and service quality.

FlashEx is the operating brand for the courier platform. The dedicated-delivery model assigns a rider to each order rather than a shared batch, serving both individual and business customers.

Operations are concentrated in China. BingEx is a Cayman holding company whose business is conducted through subsidiaries and contractual control of a PRC VIE; it is also pursuing a Hangzhou drone-delivery initiative alongside the core courier model.

Company facts

CEOAdam Xue
ListedOct 4, 2024
ExchangeNASDAQ
HeadquartersBeijing, China
CountryChina
Employees1,046
CIK0001858724
ISINUS0903371062

Key statistics

Market cap$44.8M
EPS (ttm)−$0.0848
P/E (ttm)−23.11
ROE-1.3%
P/B0.4014
P/S0.0776
Dividend yield
Beta1.06vs XLI 0.10

Year to date −39.4% · Average volume (30d) 137.0K

Analysts

No analyst consensus on record.

Earnings

EPS

Estimate
Reported$0.03

Revenue

Estimate
Reported$138.4M

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Aug 20, 2026Q2 FY26$0.03$138.4M+6.84%
May 21, 2026Q1 FY26−$0.03$135.6M+0.89%
Mar 17, 2026Q4 FY25$0.10$126.7M$143.1M+13.0%−15.79%
Nov 19, 2025Q3 FY25$0.13$138.2M$141.2M+2.2%−4.62%
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Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$143.0M$152.4M$149.6M$149.0M$139.2M$139.5M
Gross profit$18.8M$18.3M$16.6M$16.1M$15.7M$14.2M
Operating income$1.5M$2.9M$2.1M$431.8K$1.6M$1.1M
Net income−$1.5M$8.0M$6.5M$3.3M−$6.3M−$5.0M
Diluted EPS−$0.07$0.35$0.28$0.14−$0.28−$0.23
Gross margin13.2%12.0%11.1%10.8%11.3%10.2%
Operating margin1.0%1.9%1.4%0.3%1.2%0.8%

Fiscal years (4-quarter sums)FY23 $673.9M · FY24 $664.8M · FY25 $594.0M

Balance sheet, Jun 30, 2026Cash & short-term investments $127.0M · Total debt $2.9M · Total assets $168.0M · Shareholders' equity $109.2M

Dividends

No dividends on record.

Ownership

Institutions 30.83%Insiders

Shares outstanding 22.84M · Float 11.82M · 51.7% free float

Insiders — filings are in the shares behind the receipt.

This listing is a depositary receipt and the Form 4 positions here are filed in the shares behind it, a different unit from the share count and in a ratio the filings never state, so no insider percentage is shown.

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
Peng Xue45.58M21.40%13GFeb 14, 2025
CDH Venture Capital III Limited17.97M10.70%13GFeb 9, 2026
Susquehanna International Group, LLP6.50M28.44%13FMay 15, 2026
Citadel Advisors LLC99.2K0.43%13FMay 15, 2026
Renaissance Technologies LLC77.3K0.34%13FMay 14, 2026

Insider tradesForm 4

No open-market trades in the last 12 months.

View details

Peers

  • JD.com (ADR)

    On-demand retail and delivery through JD NOW and Dada Now

CompareAfter-hours close

CompanyPriceChange
BingEx (ADR)$1.96+0.51%$44.8M0.1−3.1%
JD.com (ADR)$28.63−0.35%$40.35B19.08.80.2+2.5%
Median19.08.80.2+2.5%