BingEx Ltd (FLX) Income Statement
FLX 2025 at a glance
Fiscal year ended December 31, 2025 · Chinese yuanFLX revenue and net income
Where FLX's revenue goes
2025Each bar shows an amount and its share of revenue. FLX kept 2.7% of revenue as net income.
FLX profit margins
FLX growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −10.7% | — | — | — |
| Gross profit | −4.4% | — | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
FLX income statement in Chinese yuan
| 2025 | 2024 | 2019 | |
|---|---|---|---|
| Revenue | CN¥3.99B | CN¥4.47B | CN¥1.69B |
| Cost of revenue | CN¥3.52B | CN¥3.98B | CN¥1.71B |
| Gross profit | CN¥469.1M | CN¥490.6M | −CN¥17.0M |
| Research & development | CN¥84.5M | CN¥143.9M | CN¥96.8M |
| Sales, general & admin | CN¥338.3M | CN¥372.5M | CN¥327.5M |
| Total operating expenses | CN¥422.8M | CN¥516.3M | CN¥424.3M |
| Operating income | CN¥46.3M | −CN¥25.8M | −CN¥441.3M |
| Interest income | CN¥14.3M | CN¥21.2M | — |
| Income before taxes | CN¥109.7M | −CN¥146.4M | −CN¥435.6M |
| Income taxes | CN¥277,000 | CN¥69,000 | — |
| Net income | CN¥109.4M | −CN¥146.5M | −CN¥435.6M |
| EBITDA | CN¥111.5M | −CN¥143.4M | −CN¥438.7M |
| Gross margin | 11.8% | 11.0% | −1.0% |
| Operating margin | 1.2% | −0.6% | −26.1% |
| Net margin | 2.7% | −3.3% | −25.8% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥937.6M | CN¥935.3M | CN¥987.5M | CN¥1.01B | CN¥1.02B | CN¥960.8M | CN¥1.03B | CN¥1.15B | CN¥1.18B | CN¥1.11B | CN¥1.21B | CN¥1.19B |
| Cost of revenue | CN¥842.3M | CN¥829.5M | CN¥881.0M | CN¥893.6M | CN¥901.9M | CN¥834.1M | CN¥926.0M | CN¥1.02B | CN¥1.05B | CN¥977.4M | CN¥1.11B | CN¥1.09B |
| Gross profit | CN¥95.3M | CN¥105.8M | CN¥106.4M | CN¥111.8M | CN¥122.7M | CN¥126.7M | CN¥102.9M | CN¥130.3M | CN¥127.0M | CN¥130.3M | CN¥103.9M | CN¥107.8M |
| Research & development | CN¥13.7M | CN¥16.5M | CN¥17.8M | CN¥17.7M | CN¥19.2M | CN¥29.5M | CN¥80.4M | CN¥22.2M | CN¥20.1M | CN¥21.2M | CN¥19.4M | CN¥20.8M |
| Sales, general & admin | CN¥74.6M | CN¥78.4M | CN¥87.0M | CN¥80.0M | CN¥84.1M | CN¥87.2M | CN¥175.3M | CN¥62.0M | CN¥64.6M | CN¥70.7M | CN¥72.1M | CN¥70.5M |
| Total operating expenses | CN¥88.0M | CN¥94.8M | CN¥103.6M | CN¥97.7M | CN¥103.4M | CN¥116.7M | CN¥1.18B | CN¥84.2M | CN¥84.7M | CN¥91.9M | CN¥91.5M | CN¥91.2M |
| Operating income | CN¥7.2M | CN¥11.0M | CN¥2.9M | CN¥14.1M | CN¥19.3M | CN¥10.0M | −CN¥152.7M | CN¥46.2M | CN¥42.3M | CN¥38.4M | CN¥12.4M | CN¥16.6M |
| Interest income | CN¥2.9M | CN¥3.0M | CN¥3.5M | CN¥3.3M | CN¥3.2M | CN¥4.3M | CN¥4.7M | CN¥4.6M | CN¥5.9M | CN¥6.0M | CN¥5.8M | CN¥5.1M |
| Income before taxes | −CN¥33.7M | −CN¥42.6M | CN¥22.3M | CN¥43.8M | CN¥53.5M | −CN¥10.2M | −CN¥294.0M | CN¥23.8M | CN¥59.2M | CN¥64.6M | CN¥33.5M | CN¥35.0M |
| Income taxes | CN¥140,595 | CN¥23,000 | CN¥199,205 | CN¥40,000 | — | CN¥35,000 | — | — | CN¥68,000 | — | — | — |
| Net income | −CN¥33.9M | −CN¥42.6M | CN¥22.1M | CN¥43.7M | CN¥53.5M | −CN¥10.3M | −CN¥294.0M | CN¥23.8M | CN¥59.1M | CN¥64.6M | CN¥33.5M | CN¥35.0M |
| EBITDA | CN¥7.2M | −CN¥42.6M | CN¥2.9M | CN¥44.5M | CN¥53.5M | −CN¥10.2M | — | CN¥23.8M | CN¥51.8M | CN¥57.5M | −CN¥47.7M | CN¥35.0M |
| Gross margin | 10.2% | 11.3% | 10.8% | 11.1% | 12.0% | 13.2% | 10.0% | 11.3% | 10.8% | 11.8% | 8.6% | 9.0% |
| Operating margin | 0.8% | 1.2% | 0.3% | 1.4% | 1.9% | 1.0% | −14.8% | 4.0% | 3.6% | 3.5% | 1.0% | 1.4% |
| Net margin | −3.6% | −4.6% | 2.2% | 4.4% | 5.2% | −1.1% | −28.6% | 2.1% | 5.0% | 5.8% | 2.8% | 2.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in Chinese yuan as reported in FLX's financial statements (latest annual report filed April 24, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
FLX financial results
In fiscal year 2025 (ended December 31, 2025), BingEx reported revenue of CN¥4.0 billion, down 10.7% from the year before. It had net income of CN¥109.4 million, a net profit margin of 2.7%. Figures are in Chinese yuan, the currency of its financial statements.
See the FLX stock overview for the latest quote and news, or the FLX chart for price history and technical indicators.
FLX income statement FAQ
What is BingEx's annual revenue?
BingEx reported total revenue of CN¥4.0 billion for fiscal year 2025, which ended on December 31, 2025. That was down 10.7% from CN¥4.5 billion the previous year.
Is BingEx profitable?
Yes. BingEx reported net income of CN¥109.4 million in fiscal 2025, a net profit margin of 2.7%; its operating margin was 1.2%.
What is BingEx's gross margin?
BingEx's gross margin was 11.8% in fiscal 2025: for every $100 of revenue, BingEx kept $12 after the direct cost of its products and services.
How much does BingEx spend on research and development?
BingEx spent CN¥84.5 million on research and development in fiscal 2025, 2.1% of revenue.
When will BingEx report its next earnings?
BingEx is expected to report results for the quarter ending September 30, 2026 on November 18, 2026.
When does BingEx's fiscal year end?
BingEx's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on April 24, 2026.