Deutsche Bank initiated coverage on BingEx Limited with a new price target
$FLX
Trucking Freight/Courier Services
Industrials
Deutsche Bank initiated coverage of BingEx Limited with a rating of Buy and set a new price target of $4.70
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/10/2025 | $4.70 | Buy | Deutsche Bank |
BEIJING, May 22, 2025 (GLOBE NEWSWIRE) -- BingEx Limited (the "Company") (NASDAQ:FLX), a leading on-demand dedicated courier service provider in China (branded as "FlashEx"), today announced its unaudited financial results for the first quarter ended March 31, 2025. First Quarter 2025 Highlights: Revenues were RMB960.8 million (US$132.4 million) in the first quarter of 2025, compared to RMB1,107.7 million in the same period of 2024.Gross profit was RMB126.7 million (US$17.5 million) in the first quarter of 2025, compared to RMB130.3 million in the same period of 2024. Gross profit margin reached 13.2%, improving from 11.8% in the same period of 2024.Income from operations was RMB10.0 mil
BEIJING, May 15, 2025 (GLOBE NEWSWIRE) -- BingEx Limited ("BingEx" or the "Company") (NASDAQ:FLX), a leading on-demand dedicated courier services provider in China (branded as "FlashEx"), today announced that it will report its first quarter 2025 unaudited financial results on Thursday, May 22, 2025, before the open of U.S. markets. The Company will host an earnings conference call on Thursday, May 22, 2025 at 8:00PM Beijing Time (8:00AM U.S. Eastern Time) to discuss the results. Participants are required to pre-register for the conference call at:https://register-conf.media-server.com/register/BIf746a9c2a4894900be333315bee147bb Upon registration, participants will receive an email cont
BEIJING, April 25, 2025 (GLOBE NEWSWIRE) -- BingEx Limited (the "Company") (NASDAQ:FLX), a leading on-demand dedicated courier service provider in China (branded as "FlashEx"), today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the Securities and Exchange Commission ("SEC") on April 25, 2025, U.S. Eastern Time. The annual report in electronic format can be accessed on the Company's investor relations website at http://ir.ishansong.com as well as on the SEC's website. The Company will provide a hard copy of its annual report, containing audited consolidated financial statements, free of charge, to its shareholders and ADS holders u
6-K - BingEx Ltd (0001858724) (Filer)
20-F - BingEx Ltd (0001858724) (Filer)
6-K - BingEx Ltd (0001858724) (Filer)
BEIJING, May 22, 2025 (GLOBE NEWSWIRE) -- BingEx Limited (the "Company") (NASDAQ:FLX), a leading on-demand dedicated courier service provider in China (branded as "FlashEx"), today announced its unaudited financial results for the first quarter ended March 31, 2025. First Quarter 2025 Highlights: Revenues were RMB960.8 million (US$132.4 million) in the first quarter of 2025, compared to RMB1,107.7 million in the same period of 2024.Gross profit was RMB126.7 million (US$17.5 million) in the first quarter of 2025, compared to RMB130.3 million in the same period of 2024. Gross profit margin reached 13.2%, improving from 11.8% in the same period of 2024.Income from operations was RMB10.0 mil
BEIJING, May 15, 2025 (GLOBE NEWSWIRE) -- BingEx Limited ("BingEx" or the "Company") (NASDAQ:FLX), a leading on-demand dedicated courier services provider in China (branded as "FlashEx"), today announced that it will report its first quarter 2025 unaudited financial results on Thursday, May 22, 2025, before the open of U.S. markets. The Company will host an earnings conference call on Thursday, May 22, 2025 at 8:00PM Beijing Time (8:00AM U.S. Eastern Time) to discuss the results. Participants are required to pre-register for the conference call at:https://register-conf.media-server.com/register/BIf746a9c2a4894900be333315bee147bb Upon registration, participants will receive an email cont
BEIJING, March 12, 2025 (GLOBE NEWSWIRE) -- BingEx Limited (the "Company") (NASDAQ:FLX), a leading on-demand dedicated courier service provider in China (branded as "FlashEx"), today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2024. Fourth Quarter and Fiscal Year 2024 Highlights: Revenues were RMB1,028.9 million (US$141.0 million) in the fourth quarter of 2024, compared to RMB1,212.3 million in the same period of 2023. For the year ended December 31, 2024, revenues were RMB4,468.2 million (US$612.1 million), compared to RMB4,528.8 million in 2023.Gross profit was RMB102.9 million (US$14.1 million) in the fourth quarter of 2024, comp
Deutsche Bank initiated coverage of BingEx Limited with a rating of Buy and set a new price target of $4.70