BingEx (FLX) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 3, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2025, filed Apr 24, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the FLX SEC filings page.
BingEx (FLX) reported $570.9M in revenue for fiscal year 2025, down 6.7% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 2 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Margin expansion and cash conversion turned a shrinking sales base into positive earnings while strengthening the balance sheet in FY2025.
Profit quality improved materially: net income reached$15.6M while operating cash flow reached$14.2M , and free cash flow was nearly identical because capital expenditures were only$19K . In FY2024, those cash measures were essentially zero despite the business reporting a gross profit, indicating that FY2025 earnings translated into cash far more effectively.
Revenue fell
The financing posture became less strained: liabilities declined to
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of BingEx's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
BingEx has an operating margin of 1.2%, meaning the company retains $1 of operating profit per $100 of revenue. This below-average margin results in a low score of 29/100, suggesting thin profitability after operating expenses. This is up from -0.6% the prior year.
BingEx's revenue declined 6.7% year-over-year, from $612.1M to $570.9M. This contraction results in a growth score of 13/100.
BingEx has a moderate D/E ratio of 0.54. This balance of debt and equity financing earns a leverage score of 59/100.
With a current ratio of 2.35, BingEx holds $2.35 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 67/100.
BingEx has a free cash flow margin of 2.5%, earning a moderate score of 31/100. The company generates positive cash flow after capital investments, but with room for improvement.
BingEx's ROE of 13.1% shows moderate profitability relative to equity, earning a score of 30/100. This is up from -19.6% the prior year.
BingEx scores 2.39, placing it in the grey zone between 1.81 and 2.99. The score is driven primarily by a large market capitalization ($138.9M) relative to total liabilities ($64.8M). This signals moderate financial risk that warrants monitoring.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
BingEx passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, BingEx generates $0.90 in operating cash flow ($14.2M OCF vs $15.6M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
BingEx earns $3.24 in operating income for every $1 of interest expense ($6.6M vs $2.0M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.
Key Financial Metrics
Earnings & Revenue
None of these metrics is reported for Q4 2025.
Cash & Balance Sheet
BingEx held $80.2M in cash as of Q4 2025; long-term debt is not reported for that period.
Not reported for Q4 2025.
Not reported for Q4 2025.
Margins & Returns
None of these metrics is reported for Q4 2025.
Capital Allocation
None of these metrics is reported for Q4 2025.
FLX Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
FLX Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2520-F | Q4'2410-K |
|---|---|---|
| Total Assets | $184.2M+8.9% | $169.3M |
| Current Assets | $147.9M+25.7% | $117.6M |
| Cash & Equivalents | $80.2M-1.1% | $81.2M |
| Short-Term Investments | $55.8M+164.7% | $21.1M |
| Accounts Receivable | $5.3M+127.0% | $2.3M |
| Long-Term Investments | $32.1M-27.7% | $44.4M |
| Total Liabilities | $64.8M-3.2% | $66.9M |
| Current Liabilities | $62.9M+0.1% | $62.9M |
| Non-Current Liabilities | $1.8M-54.3% | $4.0M |
| Total Equity | $119.5M+16.7% | $102.3M |
| Retained Earnings | -$351.3M+0.1% | -$351.5M |
Not reported in any period shown, so not listed: Inventory, Goodwill, Long-Term Debt.
FLX Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
FLX Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| BingEx FLX | FY2025 | $570.9M | $15.6M | 2.7% | $138.9M | 38/100 |
| Proficient Auto Logistics Inc PAL | FY2025 | N/A | -$36.0M | N/A | $138.6M | — |
| Freightos Ltd CRGO | FY2025 | $29.5M | -$17.5M | -59.5% | $63.1M | 34/100 |
| SHENGFENG DEV LTD SFWL | FY2025 | $572.5M | $11.9M | 2.1% | $73.4M | 60/100 |
| Radiant Logistic RLGT | FY2025 | $902.7M | $17.3M | 1.9% | $383.1M | 40/100 |
| Armlogi Holding Corp. BTOC | FY2025 | $190.4M | -$15.3M | -8.1% | $13.7M | 31/100 |
Where BingEx Ranks
Frequently Asked Questions
What is BingEx's annual revenue?
BingEx (FLX) reported $570.9M in total revenue for fiscal year 2025. This represents a -6.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is BingEx's revenue growing?
BingEx (FLX) revenue declined by 6.7% year-over-year, from $612.1M to $570.9M in fiscal year 2025.
Is BingEx profitable?
Yes, BingEx (FLX) reported a net income of $15.6M in fiscal year 2025, with a net profit margin of 2.7%.
What is BingEx's EBITDA?
BingEx (FLX) had EBITDA of $6.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is BingEx's gross margin?
BingEx (FLX) had a gross margin of 11.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is BingEx's operating margin?
BingEx (FLX) had an operating margin of 1.2% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is BingEx's net profit margin?
BingEx (FLX) had a net profit margin of 2.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is BingEx's return on equity (ROE)?
BingEx (FLX) has a return on equity of 13.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is BingEx's free cash flow?
BingEx (FLX) generated $14.1M in free cash flow during fiscal year 2025. This represents a 9720.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is BingEx's operating cash flow?
BingEx (FLX) generated $14.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are BingEx's total assets?
BingEx (FLX) had $184.2M in total assets as of fiscal year 2025, including both current and long-term assets.
What are BingEx's capital expenditures?
BingEx (FLX) invested $19K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does BingEx spend on research and development?
BingEx (FLX) invested $12.1M in research and development during fiscal year 2025.
What is BingEx's current ratio?
BingEx (FLX) had a current ratio of 2.35 as of fiscal year 2025, which is generally considered healthy.
What is BingEx's debt-to-equity ratio?
BingEx (FLX) had a debt-to-equity ratio of 0.54 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is BingEx's return on assets (ROA)?
BingEx (FLX) had a return on assets of 8.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is BingEx's P/E ratio?
BingEx (FLX) trades at 8.9x earnings, its market capitalization divided by net income of $15.6M net income, FY2025. The market capitalization is $138.9M as of Sep 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is BingEx's price-to-sales ratio?
BingEx (FLX) trades at 0.2x sales, its market capitalization divided by revenue of $570.9M revenue, FY2025. The market capitalization is $138.9M as of Sep 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is BingEx's Altman Z-Score?
BingEx (FLX) has an Altman Z-Score of 2.39, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is BingEx's Piotroski F-Score?
BingEx (FLX) has a Piotroski F-Score of 5 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are BingEx's earnings high quality?
BingEx (FLX) has an earnings quality ratio of 0.90x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can BingEx cover its interest payments?
BingEx (FLX) has an interest coverage ratio of 3.24x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is BingEx?
BingEx (FLX) scores 38 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.