BingEx Limited
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Peng Xue
- Full Time Employees
- 1,046
- Sector
- Industrials
- Industry
- Integrated Freight & Logistics
- Address
- Building 6 Beijing People's Republic of China 100192
- IPO Date
- Oct 4, 2024
- CIK
- 0001858724
- Website
- ishansong.com
- Similar Companies
- Business
- BingEx Limited (Nasdaq: FLX) operates as a holding company that, through its subsidiaries, provides on-demand dedicated courier services under the FlashEx brand in the People's Republic of China; the company offers Flash-Riders to deliver items with superior time certainty, safety, and quality via its mobile platform and website, serving individual customers as well as businesses including local retailers, restaurants, and logistics providers. FlashEx covers 297 cities nationwide with approximately 2.7 million registered riders as of mid-2024, holding a leading market position as the largest independent on-demand dedicated courier provider by 2023 revenue and approximately 33.9% market share according to iResearch. Founded in 2013 and headquartered at Building 6, Zhongguancun Dongsheng International Science Park in Beijing, BingEx focuses on the integrated freight and logistics industry segment within industrials. In recent developments, BingEx completed its initial public offering in October 2024, pricing 4 million American Depositary Shares at $16.50 each to raise $66 million on Nasdaq, with underwriters including Deutsche Bank Securities, CICC, and CLSA. The company launched a $30 million share repurchase program in March 2025, valid through April 2026, repurchasing approximately 1.6 million ADSs for $5.4 million as of November 18, 2025, amid efforts to return value to shareholders as equity grew to RMB839.3 million by September 30, 2025. Additionally, in October 2025, BingEx partnered with Hangzhou city and local businesses to initiate a commercial pilot for a city-wide low-altitude urban drone logistics network, integrating infrastructure, demand forecasting, intelligent drone capacity, route planning, and operations management; initial routes achieved a zero-incident, zero-accident record, with plans to establish a full network by year-end 2025 and expand further. In its third quarter 2025 results announced November 19, 2025, BingEx reported revenues of RMB1,005.4 million, gross profit of RMB111.8 million, net income of RMB43.7 million, and 63.2 million orders fulfilled, despite a 13% year-over-year revenue decline due to market competition.
BingEx Limited (FLX) Q1 2026 Earnings Call Transcript
BingEx Q1 Earnings Call Highlights
BingEx Limited Announces First Quarter 2026 Financial Results
BingEx Secures Strategic Investment from HLID to Accelerate Drone Delivery
BingEx Secures Strategic Investment from HLID to Accelerate Drone Delivery
BingEx Limited to Report First Quarter 2026 Results on May 21, 2026
BingEx Limited Files Its 2025 Annual Report on Form 20-F
Critical Comparison: Mobico Group (OTCMKTS:NXPGF) & BingEx (NASDAQ:FLX)
BingEx Limited (FLX) Q4 2025 Earnings Call Transcript
BingEx Limited Announces Fourth Quarter and Fiscal Year 2025 Financial Results
BingEx Limited to Report Fourth Quarter and Fiscal Year 2025 Results on March 17, 2026
Dynagas LNG Partners (NYSE:DLNG) vs. BingEx (NASDAQ:FLX) Head to Head Survey
BingEx (NASDAQ:FLX) vs. Freight Technologies (NASDAQ:FRGT) Head-To-Head Review
BingEx Limited (FLX) Q3 2025 Earnings Call Transcript
BingEx Limited Announces Third Quarter 2025 Financial Results
BingEx Limited to Report Third Quarter 2025 Results on November 19, 2025
From Road to Sky: BingEx and Hangzhou Join Forces to Launch a Next-Generation Urban Drone Network
BingEx Limited Announces Second Quarter 2025 Financial Results
BingEx Limited to Report Second Quarter 2025 Results on August 19, 2025
BingEx Limited Announces First Quarter 2025 Financial Results