stockrow
Friday 6 November 2026
Export FLX’s income statement to Excel — free account
BingEx Limited
FLX Industrials Integrated Freight & Logistics
BingEx Limited’s revenue for fiscal 2025 (year ended December 2025) was $570.9 million, down 6.74% from fiscal 2024.
- Revenue
- −3.11%
- EPS
- −295.5%
Quarter to June 2026, against a year earlier
1.49
0.03
−1.97%
Follow FLX
Alert me
Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Jun ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | — | — | — | — | — | — | — | 623 | 612 | 571 | 570 | (4.3%) | 4,202 | 4,623 | — | +184.6% | |
| Gross margin, % | — | — | — | — | — | — | — | 8.71 | 10.98 | 11.75 | 10.87 | +3.0 pt | ||||||
| EBT | — | — | — | — | — | — | — | 15 | (20) | 16 | (2) | +1.6% | ||||||
| EBT margin, % | — | — | — | — | — | — | — | 2.44 | (3.28) | 2.75 | (0.27) | +0.3 pt | ||||||
| Net income | — | — | — | — | — | — | — | 15 | (20) | 16 | 16 | +1.4% | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | — | — | — | — | — | — | — | 25.97 | 17.71 | 8.27 | 8.49 | (43.6%) | |||||
| Earnings | — | — | — | — | — | — | — | (0.21) | (1.03) | 0.24 | (0.01) | n/m | ||||||
| Cash flow | — | — | — | — | — | — | — | 0.26 | 0.01 | 0.21 | 0.00 | (11.5%) | ||||||
| Capex | — | — | — | — | — | — | — | (0.02) | 0.00 | 0.00 | 0.00 | (92.3%) | ||||||
| Free cash flow | — | — | — | — | — | — | — | 0.25 | 0.00 | 0.21 | 0.00 | (8.6%) | ||||||
| Book value | — | — | — | — | — | — | — | (13.94) | 2.96 | 1.73 | 1.61 | n/m | ||||||
| Shares, m | — | — | — | — | — | — | — | 24 | 35 | 69 | 136 | +69.6% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | — | — | — | — | — | — | — | 0.00 | 0.00 | 26.79 | 0.00 | 8.9 | |||||
| P/S | — | — | — | — | — | — | — | 0.00 | 0.00 | 0.38 | 0.18 | 0.1 | ||||||
| P/B | — | — | — | — | — | — | — | 0.00 | 0.00 | 1.84 | 0.84 | 0.6 | ||||||
| EV/Sales | — | — | — | — | — | — | — | 0.00 | 0.00 | 0.15 | (0.04) | 0.0 | ||||||
| EV/FCF | — | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.0 | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | — | — | — | — | 6 | 0 | 14 | — | +50.1% | |||||
| Capex | — | — | — | — | — | — | — | 0 | 0 | 0 | — | (87.8%) | ||||||
| Free cash flow | — | — | — | — | — | — | — | 6 | 0 | 14 | — | +55.0% | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | — | — | — | — | — | — | — | 37 | 55 | 85 | 79 | +52.1% | |||||
| Net debt | — | — | — | — | — | — | — | (117) | (109) | (136) | (126) | +7.9% | ||||||
| Shareholders’ equity | — | — | — | — | — | — | — | (335) | 102 | 119 | 108 | n/m | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | — | — | — | — | — | — | — | 0.00 | (23.22) | 8.85 | (0.94) | +8.9 pt | |||||
| ROIC | — | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.0 pt | ||||||
| ROE | — | — | — | — | — | — | — | 0.00 | 30.69 | 14.11 | 0.00 | +14.1 pt | ||||||
| People | ||||||||||||||||||
| People | Employees | — | — | — | — | — | — | — | 1,033 | 1,046 | 807 | — | (11.6%) | |||||
| Revenue/emp, $m | — | — | — | — | — | — | — | 0.60 | 0.59 | 0.71 | — | +8.3% | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 26 Oct 2026
BingEx Limited vs peers in Integrated Freight & Logistics (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| RLGT Radiant Logistics, Inc. | $424.2M | 22.5× | 23.9× | +18.52% (above 0%: growing) | +60.00% (above 0%: growing) | −662.14% (below 0%: shrinking) | 25.55% | 3.26% | Compare |
| SERV Serve Robotics Inc. | $201.2M | — (loss-making) | — (loss-making) | +312.66% (above 0%: growing) | n/m | −6.32% (below 0%: shrinking) | (266.49%) | (2,158.31%) | Compare |
| FLX BingEx Limited | $79.7M | — (loss-making) | 7.1× | −3.11% (below 0%: shrinking) | n/m | — | 10.16% | 0.77% | |
| PSIG PS International Group Ltd. | $78.1M | — (loss-making) | — | — | n/m | +36.15% (above 0%: growing) | — | — | Compare |
| PAL Proficient Auto Logistics, Inc. | $76.6M | — (loss-making) | — (loss-making) | −5.32% (below 0%: shrinking) | n/m | −124.95% (below 0%: shrinking) | 100.00% | (2.96%) | Compare |
| NCEW New Century Logistics (BVI) Limited | $57.3M | — | — | — | — | −150.21% (below 0%: shrinking) | — | — | Compare |
| SFWL Shengfeng Development Limited | $19.5M | — | — | — | — | +39.27% (above 0%: growing) | 12.31% | 0.00% | Compare |
| JYD Jayud Global Logistics Limited | $13.3M | — | — | — | — | −134.26% (below 0%: shrinking) | (0.36%) | 0.00% | Compare |
| QNME Quanome Technologies, Inc. | $11.8M | — (loss-making) | — | −88.24% (below 0%: shrinking) | n/m | +71.09% (above 0%: growing) | (92.09%) | (788.61%) | Compare |
| Median of peers | $66.9M | — | — | +6.60% | — | −65.63% | 5.98% | (1.48%) |