FLX
BingEx Ltd
Next earnings Aug 17, 2026
$2.16
▼ -2.25%$2.16▼ -28.94%
over 1Y
L $2.13EODHDH $3.99
Today-2.3%
1W+0.9%
1M-7.9%
3M-17.8%
YTD-31.4%
1Y-27.3%
Sell
Conviction
Horizon
Medium (3–12mo)
Street · 5 analysts
Buy
Conservative balance sheet (liabilities/equity 0.54x); but revenue declined -6.7% YoY.
Revenue (FY2025) $571M · FY2025
The read
It screens cheap (~23% below fair value), but the weak fundamentals are why — more potential value trap than bargain.
BingEx Ltd shows $571M in FY2025 revenue (-6.7% YoY), a 2.7% net margin, and 13.1% ROE.
Supporting the case: conservative balance sheet (liabilities/equity 0.54x).
Financials · annual, by fiscal year
| Line item | FY24 | FY25 |
|---|---|---|
| Revenue | $612M | $571M |
| Gross profit | $67.2M | $67.1M |
| Operating income | -$3.53M | $6.62M |
| Net income | -$20.1M | $15.6M |
| Diluted EPS | — | $0.07 |
| Net margin | -3.3% | 2.7% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value$394M
EV / EBITDA—
EV / Sales0.7
EV / FCF27.8
P / FCF33.5
PEG (trailing)0.17
Earnings yield3.3%
FCF yield3.0%
Quality & risk
ROIC (est.)4.4%
Free cash flow$14.1M
Total debt—
Net cash$80.2M
Altman Z-Score5.49 safe
Piotroski F-Score5/8
Capital returns
Buyback yield1.7%
Dividend yield (est.)—
Shareholder yield1.7%
Shares Δ YoY+2.8%
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Recent filings
all on EDGAR ↗4Period ending 2026-05-222026-05-26open ↗4Period ending 2026-05-222026-05-26open ↗6-KPeriod ending 2026-05-212026-05-21open ↗6-KPeriod ending 2026-05-192026-05-19open ↗20-FPeriod ending 2025-12-312026-04-24open ↗4Period ending 2026-03-192026-03-23open ↗4Period ending 2026-03-192026-03-23open ↗3Period ending 2026-03-182026-03-18open ↗3Period ending 2026-03-182026-03-18open ↗3Period ending 2026-03-182026-03-18open ↗3Period ending 2026-03-182026-03-18open ↗3Period ending 2026-03-182026-03-18open ↗
Frequently asked
- Is BingEx Ltd (FLX) a buy?
- FLX currently carries a Sell rating with 2/5 conviction, derived from its latest SEC filings. Conservative balance sheet (liabilities/equity 0.54x); but revenue declined -6.7% YoY.
- What is FLX's fair value?
- A Modified-Graham model based on FLX's SEC fundamentals estimates a fair value of about $2.66. It is an estimate from reported earnings, not a price target.
- Is FLX overvalued or undervalued?
- Against a Modified-Graham fair-value estimate, FLX currently appears undervalued relative to its SEC-grounded earnings power.
- What is BingEx Ltd's quality score?
- FLX scores 67.96078431372548/100 (grade B-) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
Sources: SEC EDGAR (CIK 0001858724, latest 4 filed 2026-05-26) · EODHD · as of 6/29/2026, 7:36:38 PM.
Research and education only — not financial advice. EDGAR is not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates; see Disclosures. Past performance does not guarantee future results. Do your own research.