BingEx Limited
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $146.3M
- Price
- $2.00
- % Change (Daily % change from the live per-ticker quote feed.)
- -1.48%
- Volume
- 138.7K
About
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. The firm was established in 2013 and maintains its principal office in Beijing, China.
Quick stats
Shares outstanding73.1M
Computed float11.8M
Float / shares16.2%
Key info
SectorIndustrials
IndustryIntegrated Freight & Logistics
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001858724
Websitehttps://www.ishansong.com
AI Summary
AI-generated1/11
majorbearishearnings
BingEx Limited Announces Second Quarter 2026 Financial Results
BingEx reported Q2 2026 revenue of RMB940.3 million, down from RMB1,024.6 million in the prior year, and swung to a net loss of RMB34.0 million compared to net income of RMB53.5 million a year ago.
Gross profit margin contracted to 10.2% from 12.0% in the same period of 2025, while operating expenses decreased 14.6% year-over-year due to lower marketing and R&D costs.
The company repurchased approximately 3.9 million ADSs for US$11.8 million under its authorized program and ended the quarter with RMB853.4 million in cash and short-term investments.
Red flags
- Revenue declined year-over-year driven by intensifying market competition
- Company swung to net loss of RMB34.0 million from net income of RMB53.5 million
- Gross profit margin contracted to 10.2% from 12.0%
- Changes in fair value of long-term investments recorded a loss of RMB41.7 million versus earnings of RMB20.5 million