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Side-by-side financial comparison of BingEx Ltd (FLX) and SunCar Technology Group Inc. (SDA). Click either name above to swap in a different company.

BingEx Ltd is the larger business by last-quarter revenue ($143.2M vs $119.7M, roughly 1.2× SunCar Technology Group Inc.). BingEx Ltd runs the higher net margin — 2.2% vs -1.6%, a 3.8% gap on every dollar of revenue.

SunCar Technology Group Inc. is a professional automotive digital service provider mainly operating in the Chinese market. It delivers connected car solutions, automotive big data services, and intelligent mobility operation support to automobile manufacturers, fleet operators, and end vehicle users, focusing on improving smart driving experience and automotive digital operation efficiency.

FLX vs SDA — Head-to-Head

Bigger by revenue
FLX
FLX
1.2× larger
FLX
$143.2M
$119.7M
SDA
Higher net margin
FLX
FLX
3.8% more per $
FLX
2.2%
-1.6%
SDA

Income Statement — Q1 FY2026 vs Q2 FY2025

Metric
FLX
FLX
SDA
SDA
Revenue
$143.2M
$119.7M
Net Profit
$3.2M
$-1.9M
Gross Margin
10.8%
Operating Margin
1.5%
Net Margin
2.2%
-1.6%
Revenue YoY
Net Profit YoY
EPS (diluted)

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FLX
FLX
SDA
SDA
Q1 26
$143.2M
Q3 25
$141.2M
Q2 25
$143.0M
$119.7M
Q1 25
$141.0M
$102.6M
Q3 24
$164.6M
$109.6M
Net Profit
FLX
FLX
SDA
SDA
Q1 26
$3.2M
Q3 25
$6.1M
Q2 25
$7.5M
$-1.9M
Q1 25
$27.6M
$-3.6M
Q3 24
$3.4M
$-2.2M
Gross Margin
FLX
FLX
SDA
SDA
Q1 26
10.8%
Q3 25
11.1%
Q2 25
12.0%
Q1 25
10.0%
Q3 24
11.3%
Operating Margin
FLX
FLX
SDA
SDA
Q1 26
Q3 25
1.4%
Q2 25
1.9%
1.5%
Q1 25
-2.9%
Q3 24
4.0%
0.2%
Net Margin
FLX
FLX
SDA
SDA
Q1 26
2.2%
Q3 25
4.4%
Q2 25
5.2%
-1.6%
Q1 25
19.6%
-3.6%
Q3 24
2.1%
-2.0%
EPS (diluted)
FLX
FLX
SDA
SDA
Q1 26
Q3 25
Q2 25
Q1 25
$-0.03
Q3 24
$-0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FLX
FLX
SDA
SDA
Cash + ST InvestmentsLiquidity on hand
$561.1M
$45.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$29.4M
Total Assets
$1.3B
$277.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FLX
FLX
SDA
SDA
Q1 26
$561.1M
Q3 25
$628.6M
Q2 25
$499.4M
$45.7M
Q1 25
$592.4M
$60.5M
Q3 24
$517.4M
$42.0M
Stockholders' Equity
FLX
FLX
SDA
SDA
Q1 26
Q3 25
Q2 25
$29.4M
Q1 25
$34.8M
Q3 24
$17.7M
Total Assets
FLX
FLX
SDA
SDA
Q1 26
$1.3B
Q3 25
$1.3B
Q2 25
$1.2B
$277.5M
Q1 25
$1.2B
$276.7M
Q3 24
$926.8M
$252.1M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FLX
FLX
SDA
SDA
Operating Cash FlowLast quarter
$9.0K
Free Cash FlowOCF − Capex
$3.0K
FCF MarginFCF / Revenue
0.0%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FLX
FLX
SDA
SDA
Q1 26
Q3 25
Q2 25
$9.0K
Q1 25
$-9.3M
Q3 24
$3.8M
Free Cash Flow
FLX
FLX
SDA
SDA
Q1 26
Q3 25
Q2 25
$3.0K
Q1 25
$-9.3M
Q3 24
$3.5M
FCF Margin
FLX
FLX
SDA
SDA
Q1 26
Q3 25
Q2 25
0.0%
Q1 25
-9.0%
Q3 24
3.2%
Capex Intensity
FLX
FLX
SDA
SDA
Q1 26
Q3 25
Q2 25
0.0%
Q1 25
0.0%
Q3 24
0.3%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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