Your privacy choices

Essential storage keeps the site working. With your permission, we also measure visits and interactions on public research pages using first-party analytics. Optional third-party analytics and advertising trackers are currently disabled.

Read our privacy policy
Educational research only—not investment advice or a recommendation. Scores and estimates may use delayed, incomplete, restated, or corrected market and filing data. Independently verify information before making an investment decision.

BingEx Limited

FLXNASDAQ
Wall Street Score · overall investment44/100
$1.41USD$-0.10 (-6.62%)
Company website www.ishansong.com
HeadquartersBuilding 6, Beijing, BE, 100192, CN
Financial statement currencyCNY · converted to USD at 0.148879
Industrials · Integrated Freight & Logistics
Price updated todayFinancials updated Oct 1, 2026
Price Chart$-0.49 (-25.79%)
2026-09-042026-09-092026-09-112026-09-152026-09-172026-09-212026-09-232026-09-252026-09-292026-10-02$0.70$1.05$1.40$1.75$2.10

Company & revenue

About BingEx Limited

Financial breakdown: year ended 2025-12-31

Who they are

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.

Brands & revenue mix

FlashExRMB 3,992.1100.0%

The primary brand under which the company provides on-demand dedicated courier services.

Reported revenue share.

Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.

Customer concentrationPREMIUM

As of December 31, 2025, the company reported a customer concentration risk of 20.00%.

Business relationships & partnershipsPREMIUM

  • HLID — Strategic investment from HLID to accelerate drone delivery.Source

Sources

Wall Street Score

Overall investment score · Quality, value, risk and opportunity

44

Weak

PoorElite

View category scores →

Company Quality

How good is the actual business—regardless of today’s stock price?

63

Fair

Financial Strength

75

Business Quality / Moat

92

Management

60

Growth Quality

24

Risk / Durability

15

Weak Company · Expensive Stock

Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.

Model Outlook

12-month model · What does the model think happens next?

Outperformance analysis is not currently available.

WSS View

The quick read

WSS currently sees meaningful weaknesses in the company-strength profile.

A current Opportunity Score is not available.

The 12-month model outlook is not currently available.

What we like
  • •Balance-sheet / debt profile scores strongly
  • •Recent buyback activity is present
What to watch
  • •Valuation is a weaker part of the current profile
  • •Revenue fundamentals are weak

Company-specific research

Questions worth answering for FLX

Research inputs 100% complete

These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.

  • •What is driving FLX's revenue decline, and does the latest company filing suggest the weakness is temporary or structural?
  • •Is FLX's positive free cash flow repeatable, or is the current level being helped by temporary working-capital or spending changes?
  • •How is FLX likely to use its cash advantage: reinvestment, acquisitions, debt reduction, dividends or buybacks?
  • •What specifically needs to improve for FLX to reach sustainable profitability?
  • •What future growth or profitability would be needed to justify FLX's current valuation?
Business analysis: 29 days ago · Fresh

Essential Investment Snapshot

Wall Street Score

44

0–100 · Weak

Market Cap

$32.2M

P/E Ratio

-17.1

EPS

$-0.08

52-Week High

$4.45

52-Week Low

$0.59

Beta

0.47

Shares Outstanding

23.2M

Total Debt

$2.9M

Dividend

No current dividend

View dividend history

Liquidation Value / Share

$4.75

Estimated net asset value per share

Momentum & Volatility Signals

Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.

0–100 market signals
Momentum
39/ 100
+19 pts / 5d

Weakening momentum

5D +20.5% · 20D -25.8% · RSI 49 · Price vs 20D avg +8.3%
Volatility
100/ 100
0 pts / 5d

Extreme movement

20D realized vol 181.6% · 60D 110.7% · Acceleration 1.64x
Momentum = Where is it going?

A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.

Volatility = How violently is it moving?

A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.

Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.

Notices for FLX

Detected from reported data — verify before acting.

Historical repurchase activity

Reported cash flows or share-count measures indicate past repurchase activity. This does not verify an active buyback authorization or future purchases.

Community Sentiment

0 active · 0 total calls
0% Bullish (0) 0% Bearish (0)

No personal call yet on FLX.

What the Bulls Say

  • +Material partnership/catalyst: Strategic investment from HLID to accelerate drone delivery.
  • +Product opportunity: 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.
  • +Positive free cash flow may provide capacity to invest in growth.

What the Bears Say

No strong bearish data point is currently available.

Bull and bear cases summarize disclosed catalysts, growth opportunities and risks; they are not buy or sell recommendations.

Create a free account to make a call.

Scores

Click any score for full breakdown
Wall Street Score
Weak44/ 100
Weak (0–50)Fair (51–71)Strong (72+)

Weak

44

Tap for breakdown →

Strong

83

Debt Cost—
Debt Reduction YoY46.8%
Debt / Equity0.03x

Tap for breakdown →

Poor

20

Revenue YoY-2.8%
Revenue CAGR-6.1%
Net Margin-0.3%

Tap for breakdown →

Fair

69

Asset Growth YoY4.4%
Liquidation/Share$4.75
Net Assets/MCap4.99x

Tap for breakdown →

Poor

33

Earnings Yield-4.6%
Buyback Yield6.2%
Debt Cost—

Tap for breakdown →

Fair

60

ROIC25.9%
ROE-1.4%
ROA-0.9%

Tap for breakdown →

Elite

92

EPS Growth—
FCF/Share Growth95.6%
Rev/Share Growth26.7%

Tap for breakdown →

Poor

0

Intrinsic Value—
Value Reference—
MOS—

Tap for breakdown →

Fair

58

Revenue20
Moat92
Valuation0

Tap for breakdown →

Poor

0

MOS %—
Value Reference—
Deep Discount Reference—

Tap for breakdown →

Weak

45

Interest Coverage—
ROIC25.9%
FCF Yield44.5%

Tap for breakdown →

Poor

38

Financial45
Valuation0
Debt83

Tap for breakdown →

Strong

71

Survival Years2.4 yrs
Current Ratio2.35x
FCF Margin0.0%

Tap for breakdown →

Was this stock page easy to understand?

One click helps us improve the research experience. This is not tied to an investment decision.

Score Changes

Score changes will appear once more historical records are available.

Price vs. Value

Valuation unavailable

Current Price

$1.41

Intrinsic Value

—

Difference

—

Margin of Safety

—

Value Reference: —
Deep Discount Reference: —

Intrinsic value is not currently available for this stock, so valuation can't be calculated.

Related Companies

Integrated Freight & Logistics

SFWL

Shengfeng Development Limited

78Strong
$8.50View

ZTO

ZTO Express (Cayman) Inc.

77Strong
$19.45View

GVH

Globavend Holdings Limited

55Fair
$1.11View

HXHX

Haoxin Holdings Limited Class A Ordinary Shares

52Fair
$0.39View

FDX

FedEx Corporation

44Weak
$290.36View

EXPD

Expeditors International of Washington, Inc.

43Weak
$192.47View

News

Seeking Alpha43d ago

BingEx Limited (FLX) Q2 2026 Earnings Call Transcript

MarketBeat43d ago

BingEx Q2 Earnings Call Highlights

GlobeNewsWire44d ago

BingEx Limited Announces Second Quarter 2026 Financial Results

Related Stock Research

Continue researching this company with related Wall Street Score rankings and investing guides.

Highest Wall Street Score stocksStocks under $10How Wall Street Score worksHow to analyze a stockUnderstanding financial healthIntrinsic value guide

Score Alerts

Premium unlocks alerts when a score rises, falls, or reaches your target price.

Start 7-Day Free Trial

Portfolio Score

Premium unlocks portfolio scoring, strongest and weakest holdings, and overall margin of safety.

Start 7-Day Free Trial