BingEx Limited (FLX)
Industrials · NMS
Price as at 1 Oct 2026, 14:56 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
BingEx Limited trades at $1.49, which is 15% below the $1.72 our fair value estimate puts on the business. On that measure alone it screens as undervalued, though a valuation model is an argument rather than a measurement, and the market is frequently right about why something is cheap.
Our moat model scores it 19 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 13.4 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
About BingEx Limited
BingEx Limited, through its subsidiaries, provides 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 merchants, small and medium sized enterprises, restaurants, and logistics players through its mobile platform and website. The company was incorporated in 2014 and is headquartered in Beijing, the People's Republic of China.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
FLX passes 4 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
4 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Marshall Wace, MARSHALL WACE, LLP$222.0K · 0.0% of book
- Israel Englander, MILLENNIUM MANAGEMENT LLC$151.7K · 0.0% of book
- Renaissance Technologies, RENAISSANCE TECHNOLOGIES LLC$87.3K · 0.0% of book
- Ken Griffin, CITADEL ADVISORS LLC$82.9K · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
FLX peers
The largest companies in the same industry (Integrated Freight & Logistics), then in the same sector.
- FDXF FedEx Freight Holding Company, Inc.
- LSTR Landstar System, Inc.
- QUB.AX Qube Holdings Limited
- GXO GXO Logistics, Inc.
- CYRX Cryoport, Inc.
- PAL Proficient Auto Logistics, Inc.
- NCEW New Century Logistics (BVI) Limited
- JYD Jayud Global Logistics Limited
Every industrials company we cover is on the Industrials hub.
Common questions
Is BingEx Limited (FLX) undervalued?
Against our fair value estimate of $1.72, FLX at $1.49 is 15% below fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
Which funds own FLX?
4 of the institutions we track reported a position in FLX in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is FLX's P/E ratio?
FLX trades at 13.4 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Where does SteadyShares get its FLX data?
Fundamentals for FLX come from company filings and exchange data, as listed on NMS; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 1 Oct 2026, 14:56 UTC and is delayed. Our data quality score for this company is 88/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for FLX, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.