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BingEx Ltd. ADR (FLX)
NASDAQ:FLX
Top Page
BingEx Ltd. ADR
(NASDAQ:FLX)
56Neutral
BingEx Ltd. ADR (FLX) vs. S&P 500 (SPY)
Market Cap
$158.37M
Dividend YieldN/A
Average Volume (3M)45.96K
Price to Earnings (P/E)124.7
Beta (1Y)3.75
Revenue Growth-0.69%
EPS GrowthN/A
CountryUS
Employees1,084
SectorIndustrials
Sector Strength61
IndustryIntegrated Freight & Logistics
Share Statistics
EPS (TTM)-0.55
Shares Outstanding167,481,950
10 Day Avg. Volume125,975
30 Day Avg. Volume45,960
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)3.42
Price to Cash Flow (P/CF)17.80
P/FCF Ratio17.80
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
BingEx Ltd. ADR Business Overview & Revenue Model
Company DescriptionBingEx Limited, through its subsidiaries, engages in the provision of on-demand dedicated courier services under the FlashEx brand name in the People's Republic of China. The company offers Flash-Riders as service who provides the courier services. It serves individual and business customers, including local retailers, restaurants, and logistics players through its mobile platform and website. The company was founded in 2013 and is headquartered in Beijing, the People's Republic of China.
How the Company Makes Money
BingEx Ltd. ADR Financial Statement Overview
Summary
BingEx Ltd. ADR demonstrates a strong financial recovery with improved profitability and cash flows, supported by a stable balance sheet. Significant operational improvements and effective cash management are evident. However, low profit margins and a high proportion of liabilities to assets remain areas to monitor.Income Statement
BingEx Ltd. ADR's income statement reflects a strong recovery with a notable revenue growth rate of 13.14% year-over-year. The company has achieved a positive EBIT margin of 2.44% and EBITDA margin of 2.55%, compared to negative margins in the previous year, highlighting significant improvements in operational efficiency. The gross profit margin has increased to 8.71%, indicating better cost management. The net profit margin stands at 2.44%, showcasing profitability after a previous loss. However, the margins are relatively low, leaving room for further improvement.80
Positive
Balance Sheet
The balance sheet of BingEx Ltd. ADR is stable, with a debt-to-equity ratio of 0.19, reflecting a conservative leverage position. The equity ratio of 30.16% indicates a solid equity base. Return on equity (ROE) improved significantly to 36.60%, signaling effective use of equity to generate profits. However, a relatively high level of total liabilities compared to assets suggests potential vulnerability if liabilities grow further.75
Positive
Cash Flow
BingEx Ltd. ADR shows robust cash flow performance. The free cash flow to net income ratio is 0.39, indicating sound conversion of net income into free cash flow. Operating cash flow to net income ratio is 0.41, highlighting effective cash generation from operations. The free cash flow growth rate is impressive, shifting from negative to positive, showcasing a strong turnaround in cash management.85
Very Positive
| Breakdown | |||||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 4.69B | 4.53B | 4.00B | 3.04B | 2.01B | 1.69B | Gross Profit |
| 469.03M | 394.56M | 259.26M | 189.11M | 189.22M | -16.98M | EBIT |
| 109.79M | 10.65M | -202.48M | -300.51M | -215.47M | -441.30M | EBITDA |
| 78.24M | 15.54M | -197.02M | -296.23M | -212.22M | -438.72M | Net Income Common Stockholders |
| 192.13M | 110.50M | -180.44M | -291.00M | -205.70M | -435.63M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 736.16M | 850.09M | 806.34M | 832.24M | 295.38M | 458.16M | Total Assets |
| 1.04B | 1.00B | 922.67M | 907.66M | 365.53M | 519.16M | Total Debt |
| 0.00 | 57.71M | 39.81M | 0.00 | 0.00 | 0.00 | Net Debt |
| -736.16M | -641.68M | -582.34M | -218.53M | -295.38M | -458.16M | Total Liabilities |
| 2.62B | 3.43B | 3.28B | 2.78B | 1.85B | 1.80B | Stockholders Equity |
| -1.59B | -2.43B | -2.35B | -1.87B | -1.48B | -1.28B |
| Cash Flow | Free Cash Flow | ||||
| 83.40M | 42.62M | -90.24M | -200.14M | -161.96M | -313.69M | Operating Cash Flow |
| 86.29M | 45.71M | -86.82M | -194.91M | -155.48M | -311.47M | Investing Cash Flow |
| -58.44M | 26.05M | 461.38M | -624.88M | -6.38M | -2.21M | Financing Cash Flow |
| -1.60M | -359.00K | 0.00 | 743.38M | 0.00 | 0.00 |
BingEx Ltd. ADR Peers Comparison
Overall Rating
UnderperformOutperform
Sector (62)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $44.96B | 18.66 | 31.13% | ― | 132.55% | 2681.72% | |
63 Neutral | $2.58B | 21.41 | 4.35% | ― | 34.20% | ― | |
62 Neutral | $7.68B | 13.06 | 3.21% | 3.34% | 3.62% | -14.40% | |
56 Neutral | $158.37M | 124.65 | -49.98% | ― | -0.69% | ― | |
55 Neutral | $3.89B | 7.67 | 18.84% | ― | 69.38% | 30.30% | |
49 Neutral | C$1.85B | 3.81 | 2.56% | ― | 199.41% | ― |
* Industrials Sector Average
Performance Comparison
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BingEx Ltd. ADR
2.34
-14.15
-85.81%
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6.79
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MARA
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11.74
-5.86
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Hut 8
16.40
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Grayscale Ethereum Trust (ETH)
12.59
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COIN
Coinbase Global
169.62
-93.39
-35.51%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.