FLX revenueFY2025CN¥3.99B
- FY YoY
- -10.7%
FLX revenue was CN¥3.99B for fiscal 2025 (ended Dec 31, 2025), down 10.7% from fiscal 2024. It rose in 1 of the last 3 fiscal years.
BingEx Limited (FLX) financials
For fiscal 2025 (ended Dec 31, 2025), BingEx Limited reported CN¥3.99B of revenue and CN¥109.43M of net income. Figures are in CNY, the currency of its SEC filings.
- Revenue, FY2025
- CN¥3.99B
- Revenue growth, YoY
- -10.7%
- Net income, FY2025
- CN¥109.43M
- Net margin
- 2.7%
- Free cash flow, FY2025
- CN¥98.90M
- EPS, diluted, FY2025
- CN¥0.52
- Cash
- CN¥561.13M
FY2022FY2025
FY2022FY2025
FY2022FY2025
FLX revenue and earnings growth
FLX net incomeFY2025CN¥109.43M
FLX net income was CN¥109.43M for fiscal 2025 (ended Dec 31, 2025), compared with -CN¥146.48M in fiscal 2024.
FLX EPSFY2025CN¥0.52
FLX diluted EPS was CN¥0.52 for fiscal 2025 (ended Dec 31, 2025).
FLX free cash flowFY2025CN¥98.90M
- FY YoY
- 94x
FLX free cash flow was CN¥98.90M for fiscal 2025 (ended Dec 31, 2025), up about 94-fold from fiscal 2024.
Income statement
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|---|---|
| Revenue | CN¥3.99B | CN¥4.47B | CN¥4.53B | CN¥4.00B |
| Cost of revenue | CN¥3.52B | CN¥3.98B | CN¥4.13B | CN¥3.74B |
| Gross profit | CN¥469.10M | CN¥490.56M | CN¥394.56M | CN¥259.26M |
| Research and development | CN¥84.47M | CN¥143.86M | CN¥90.85M | CN¥118.62M |
| Selling, general and admin | CN¥145.93M | CN¥148.55M | CN¥104.81M | CN¥102.64M |
| Operating income | CN¥46.30M | -CN¥25.78M | CN¥10.65M | -CN¥202.48M |
| Pre-tax income | CN¥109.71M | -CN¥146.41M | CN¥110.50M | -CN¥180.44M |
| Income tax | CN¥277.0K | CN¥69.0K | - | - |
| Net income | CN¥109.43M | -CN¥146.48M | CN¥110.50M | -CN¥180.44M |
| EPS, basic | CN¥0.53 | -CN¥2.51 | -CN¥0.50 | - |
| EPS, diluted | CN¥0.52 | -CN¥2.51 | -CN¥0.50 | - |
| Diluted shares | 208.6M | 103.7M | 72.0M | 72.0M |
Balance sheet
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|---|---|
| Cash and equivalents | CN¥561.13M | CN¥592.36M | CN¥699.39M | CN¥622.14M |
| Short-term investments | CN¥390.35M | CN¥153.91M | CN¥150.70M | - |
| Receivables | CN¥36.73M | CN¥16.89M | CN¥12.12M | - |
| Current assets | CN¥1.03B | CN¥858.45M | CN¥920.32M | - |
| Total assets | CN¥1.29B | CN¥1.24B | CN¥1.00B | - |
| Current liabilities | CN¥440.15M | CN¥458.96M | CN¥653.45M | - |
| Total liabilities | CN¥453.03M | CN¥488.36M | CN¥698.81M | - |
| Shareholders' equity | CN¥835.43M | CN¥747.06M | -CN¥2.43B | -CN¥2.35B |
Cash flow
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|---|---|
| Operating cash flow | CN¥99.03M | CN¥2.19M | CN¥45.71M | -CN¥86.82M |
| Capital expenditures | CN¥131.0K | CN¥1.14M | CN¥3.08M | CN¥3.42M |
| Free cash flow | CN¥98.90M | CN¥1.05M | CN¥42.62M | -CN¥90.24M |
| Investing cash flow | -CN¥111.46M | -CN¥498.04M | CN¥26.05M | CN¥461.38M |
| Financing cash flow | -CN¥59.21M | CN¥433.51M | -CN¥359.0K | - |
| Share repurchases | CN¥54.79M | - | - | - |
| Stock-based compensation | CN¥46.43M | CN¥160.03M | - | - |
Key ratios
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|---|---|
| Revenue growth, YoY | -10.7% | -1.3% | 13.1% | - |
| Gross margin | 11.8% | 11.0% | 8.7% | 6.5% |
| Operating margin | 1.2% | -0.6% | 0.2% | -5.1% |
| Net margin | 2.7% | -3.3% | 2.4% | -4.5% |
| Free cash flow margin | 2.5% | 0.0% | 0.9% | -2.3% |
| Return on equity | 13.1% | -19.6% | - | - |
| Return on assets | 8.5% | -11.9% | 11.0% | - |
| Current ratio | 2.35 | 1.87 | 1.41 | - |
Source: XBRL data BingEx Limited files with the SEC, latest filing dated Apr 24, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.
FLX peers
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| FLX | CN¥3.99B | -10.7% | CN¥109.43M | 2.7% | $109.7M |
| UPS | $91.37B | +2.1% | $4.42B | 4.8% | $94.48B |
| ODFL | $5.79B | +3.8% | $1.16B | 20.1% | $35.21B |
| JBHT | $13.33B | +10.6% | $676.07M | 5.1% | $20.91B |
| ZTO | CN¥49.10B | +10.9% | CN¥9.08B | 18.5% | $15.90B |
| KNX | $8.00B | +7.0% | $153.34M | 1.9% | $10.00B |
| SAIA | $3.54B | +9.3% | $283.09M | 8.0% | $9.12B |
| TFII | $7.88B | -6.1% | $310.55M | 3.9% | $7.79B |
| SNDR | $5.95B | +6.0% | $141.70M | 2.4% | $5.07B |
FLX FAQ
9 questionsWhat is FLX revenue?
BingEx Limited (FLX) reported CN¥3.99B of revenue for fiscal 2025 (ended Dec 31, 2025). That is down 10.7% from the year before.Is FLX profitable?
Yes. BingEx Limited earned CN¥109.43M in net income for fiscal 2025 (ended Dec 31, 2025), a net margin of 2.7%.How much cash and debt does FLX have?
BingEx Limited reported CN¥561.13M in cash and cash equivalents on its most recent balance sheet in SEC filings.How fast is FLX revenue growing?
BingEx Limited's revenue changed -10.7% in fiscal 2025, to CN¥3.99B.What is FLX gross margin?
BingEx Limited's gross profit was CN¥469.10M on CN¥3.99B of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 11.8%.What is FLX free cash flow?
BingEx Limited generated CN¥98.90M of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of CN¥99.03M less capital expenditures.What is FLX earnings per share?
Diluted earnings per share were CN¥0.52 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.When did FLX last report financial results?
The latest statements here come from BingEx Limited's 20-F filed on Apr 24, 2026, covering the period ended Dec 31, 2025.Where does this FLX financial data come from?
Quantisnow builds these statements from the structured XBRL data BingEx Limited files with the SEC. It is provided for information only and is not investment advice.