BingEx Ltd. ADR (FLX) AI Stock Analysis

• Market Cap: $212.94M
• Dividend Yield: N/A
• Average Volume (3M): 54.70K
• Price to Earnings (P/E): 124.7
• Beta (1Y): 2.49
• Revenue Growth: -7.95%
• EPS Growth: -83128.57%
• Country: US
• Employees: 1,046
• Sector: Industrials
• Sector Strength: 84
• Industry: Integrated Freight & Logistics
• EPS (TTM): -0.02
• Shares Outstanding: 53,277,220
• 10 Day Avg. Volume: 44,800
• 30 Day Avg. Volume: 54,701
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 1.70
• Enterprise Value/Revenue: 0.08
• Enterprise Value/Gross Profit: 0.77
• Enterprise Value/Ebitda: 4.63
• 1Y Price Target: $4.70
• Price Target Upside: 51.13% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 47 Neutral
• Price Target: $3.00 ▼(-3.54% Downside)

The overall stock score of 47 reflects significant financial challenges and valuation concerns. The company's high leverage and negative equity are major risks, while the negative P/E ratio and lack of dividend yield further detract from its attractiveness. Technical indicators provide a mixed view, with short-term neutrality but a longer-term downtrend. Strategic improvements are necessary to enhance financial stability and investor confidence.

BingEx Ltd. ADR Business Overview & Revenue Model

Company Description

BingEx Ltd. ADR (FLX) is a global technology company focused on providing innovative solutions in the financial technology sector. The company specializes in digital asset trading, blockchain technology, and related services, catering to both institutional and retail clients. With a commitment to enhancing the efficiency and security of financial transactions, BingEx Ltd. offers a suite of products including a digital asset exchange platform, wallet services, and blockchain consulting.

How the Company Makes Money

BingEx Ltd. generates revenue primarily through transaction fees collected from trades executed on its digital asset exchange platform. Each trade incurs a fee, which is a percentage of the transaction amount, contributing significantly to the company's earnings. Additionally, BingEx may earn revenue through premium services offered to institutional clients, such as advanced trading tools and analytics. The company also engages in partnerships with other financial institutions and technology providers to enhance its service offerings, allowing for collaborative revenue opportunities through joint ventures and co-branded products. Furthermore, the growing interest in blockchain technology provides BingEx with opportunities for consulting revenue as businesses seek expertise in integrating blockchain solutions into their operations.

BingEx Ltd. ADR Financial Statement Overview

Summary

BingEx Ltd. faces several financial challenges despite revenue growth. The company struggles with profitability, as indicated by negative net and EBIT margins. Negative equity raises concerns, although low leverage and a solid cash position offer some resilience.

Income Statement

BingEx Ltd. has shown some improvement in revenue, with a notable increase from 2021 to 2023, but the company still struggles with profitability. The gross profit margin in 2023 was approximately 10.69%, indicating some improvement in cost management. However, the net profit margin turned negative in 2024, reflecting significant challenges in achieving profitability. EBIT and EBITDA margins also remained negative, suggesting ongoing operational inefficiencies.

Balance Sheet

The balance sheet of BingEx Ltd. shows a moderate financial position. The debt-to-equity ratio is low, indicating limited leverage; however, the negative stockholders' equity raises concerns about financial stability. The equity ratio is negative due to accumulated losses, but the company maintains a strong cash position relative to its total debt, which provides some liquidity buffer.

Cash Flow

Cash flow analysis reveals some challenges for BingEx Ltd. The company experienced a sharp decline in operating cash flow in 2024 compared to the previous year. Free cash flow also significantly decreased, raising concerns about the company's ability to fund operations and growth internally. The free cash flow to net income ratio highlights inefficiencies in converting profits into cash.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	4.69B	4.47B	4.53B	4.00B	3.04B	2.01B
Gross Profit	469.03M	490.56M	394.56M	259.26M	189.11M	189.22M
EBITDA	78.24M	-22.81M	15.54M	-197.02M	-296.23M	-212.22M
Net Income	192.13M	-146.48M	110.50M	-180.44M	-291.00M	-205.70M
Balance Sheet
Total Assets	1.01B	1.24B	1.00B	922.67M	907.66M	365.53M
Cash, Cash Equivalents and Short-Term Investments	823.04M	746.27M	850.09M	806.34M	832.24M	295.38M
Total Debt	48.93M	42.49M	57.71M	39.81M	0.00	0.00
Total Liabilities	3.41B	488.36M	3.43B	3.28B	2.78B	1.85B
Stockholders Equity	-2.40B	747.06M	-2.43B	-2.35B	-1.87B	-1.48B
Cash Flow
Free Cash Flow	83.40M	1.05M	42.62M	-90.24M	-200.14M	-161.96M
Operating Cash Flow	86.29M	2.19M	45.71M	-86.82M	-194.91M	-155.48M
Investing Cash Flow	-58.44M	-498.04M	26.05M	461.38M	-624.88M	-6.38M
Financing Cash Flow	-1.60M	433.51M	-359.00K	0.00	743.38M	0.00

BingEx Ltd. ADR Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3.11
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FLX, the sentiment is Positive. The current price of 3.11 is below the 20-day moving average (MA) of 3.15, above the 50-day MA of 3.09, and below the 200-day MA of 6.36, indicating a neutral trend. The MACD of 0.02 indicates Negative momentum. The RSI at 60.93 is Neutral, neither overbought nor oversold. The STOCH value of 62.37 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FLX.

BingEx Ltd. ADR Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SFWL	73 Outperform	$88.27M	8.12	9.67%	―	24.75%	5.52%
Sector *	64 Neutral	$10.65B	16.19	5.48%	2.12%	2.75%	-22.21%
RLGT	64 Neutral	$279.09M	16.81	8.09%	―	7.18%	186.98%
CRGO	54 Neutral	$155.13M	―	-23.18%	―	49.48%	80.17%
FLX	47 Neutral	$212.94M	124.65	-53.71%	―	-7.95%	-83128.57%
PAL	44 Neutral	$169.72M	―	-6.76%	―	―	―