BingEx (NASDAQ:FLX) Announces Quarterly Earnings Results

BingEx (NASDAQ:FLX) released its earnings results on Tuesday. The company reported $0.05 EPS for the quarter, FiscalAI reports. The company had revenue of $143.12 million during the quarter. BingEx had a return on equity of 20.45% and a net margin of 2.75%.

Here are the key takeaways from BingEx’s conference call:

• Adjusted (non-GAAP) net income rose sharply—Q4 up 107% YoY to RMB 41.6 million and full-year non-GAAP net income was RMB 199.4 million—while gross margins improved to 10.8% in Q4 and 11.8% for FY2025.
• Full-year revenue declined to RMB 4.0 billion from RMB 4.5 billion in 2024 and Q4 revenue was flat at RMB 1.0 billion, with management attributing the drop to lower order volumes amid intensified competition.
• Order mix is shifting toward higher-value categories—electronics volume grew 17% YoY and cake delivery returned to growth (+5% YoY)—supporting healthier ASPs and margin expansion through targeted merchant partnerships and refined subsidy strategies.
• Management is investing in innovation: a dedicated low-altitude/drone logistics division has completed over 2,000 commercial drone orders, and AI deployments across customer service, operations, and R&D improved efficiency (R&D coding efficiency +30%) and enable new features like voice-driven order creation.
• Scale and liquidity remain solid with a service network in 298 cities, 31 million registered riders, 120 million registered users, and RMB 951.6 million in cash and equivalents at year-end.

BingEx Stock Performance

BingEx stock opened at $2.40 on Thursday. BingEx has a fifty-two week low of $2.01 and a fifty-two week high of $8.48. The company has a market capitalization of $134.26 million, a price-to-earnings ratio of 9.60 and a beta of 1.04. The stock has a fifty day moving average of $2.89 and a two-hundred day moving average of $3.14.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the stock. Weiss Ratings reiterated a “sell (d-)” rating on shares of BingEx in a report on Monday, December 29th. Wall Street Zen downgraded shares of BingEx from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $4.70.

Institutional Trading of BingEx

A number of large investors have recently made changes to their positions in the stock. Schonfeld Strategic Advisors LLC purchased a new stake in BingEx during the 3rd quarter worth about $32,000. XTX Topco Ltd purchased a new position in BingEx in the 2nd quarter valued at about $34,000. Jane Street Group LLC purchased a new position in BingEx in the 4th quarter valued at about $38,000. SmartHarvest Portfolios LLC acquired a new stake in shares of BingEx during the 4th quarter worth about $39,000. Finally, Marshall Wace LLP acquired a new stake in shares of BingEx during the 4th quarter worth about $157,000.

BingEx Company Profile

BingEx Limited, through its subsidiaries, provides on-demand courier services under the FlashEx brand name in the People’s Republic of China. The company offers Flash-Riders as service providers. It serves individual and business customers, including local retailers, restaurants, and logistics players through its mobile platform and website. The company was incorporated in 2014 and is headquartered in Beijing, the People’s Republic of China.