PerpEquities

Equity · Technology

Guangdong Fenghua Advanced Technology (Holding) Co., Ltd. (FENGHUA) perpetual futures

FENGHUA perpetual futures on 1 crypto exchanges – live perp price vs the stock, funding rate, open interest and where to trade FENGHUAUSDT.

Guangdong Fenghua Advanced Technology (Holding) Co., Ltd. tracked across crypto venues with normalized contract specifications.

$8.44-4.6%
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Price chart

 

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Collecting venue price data...
venue perp mark · Gate.io (FENGHUA/USDT)
Auto: highest-volume live perp venueOpen in TradingView

Trading data

Perpetual market activity

1/1 live markets
Venues
1
Live markets
1/1
24h volume
$297
Open interest
$34.7K
Best liquidity
$0
Gate.io
Tightest spread
+501.2 bps
Gate.io
Highest volume
$297
Gate.io
Settlement mix
USDT · 1/1
Perp/spot vol.
-
OI / float
-

Venue matrix

1 markets

Some venue links are sponsored. We may receive a commission, and eligible users may occasionally receive trading-fee discounts, at no additional cost to you.

Trade
Gate.ioTradeFENGHUA/USDTTrading$8.440.0% APR
0.000% every 8h
+501.2 bps$0$297$34.7KUSDT20x

Tradability

Execution quality

Entry cost and depth per venue at $1k–$100k

No sufficient depth · 0 of 1 venues absorb $10k

No fresh book data: Gate.io

Taker execution estimate incl. approx. fees - maker fills are not guaranteed.

Best venues for this underlying

Best liquidity

FENGHUA

Tightest spread

FENGHUA

Highest volume

FENGHUA

Funding history

Stored venue snapshots by market

Company data

Company fundamentals

Updated 1h ago
Market cap
$9.6B
Updated 1h ago
Revenue
$964.6M
Trailing 12 months
Revenue growth
+29%
Next fiscal year
Profit margin
+6.3%
P/E
157.2
Peer P/E 52.4
Free cash flow
$9.4M
Trailing 12 months
More metrics
Net income
$60.5M
Trailing 12 months
P/S
10.0
Peer P/E
52.4
Similar listed perps
Revenue estimate
$1.1B
Next fiscal year
Earnings
2026-10-26
Revenue est. - · Updated 1h ago
Dividend
¥0.1
2026-07-10

Fundamental detail

Annual + quarterly
Latest revenue$853.7M
Net margin+4.9%
Free cash flow$5.8M
Net debt-$311.1M
2020$644.4M
2021$751.9M
2022$576.3M
2023$627.9M
2024$734.7M
2025$853.7M
PeriodRevenueGrowthNet incomeFCF
2020$644.4M+32%$53.4M-$87.9M
2021$751.9M+17%$140.3M-$233.8M
2022$576.3M-23%$48.7M-$32.4M
2023$627.9M+9%$25.8M$2.7M
2024$734.7M+17%$50.2M$23.1M
2025$853.7M+16%$42.1M$5.8M
PeriodGross marginOperating marginNet marginROEROA
2020+28.7%+16.1%+8.3%+6.0%+4.1%
2021+30.1%+21.5%+18.7%+13.6%+8.7%
2022+14.2%+8.5%+8.4%+2.8%+2.1%
2023+14.0%+4.9%+4.1%+1.5%+1.1%
2024+17.7%+7.9%+6.8%+2.8%+2.1%
2025+15.9%+3.1%+4.9%+2.3%+1.7%
PeriodCashDebtNet debtCurrent ratio
2020$299.5M$82.9M-$216.7M1.78
2021$179.5M$175.7M-$3.7M1.28
2022$797.2M$111.6M-$685.6M2.74
2023$638.4M$75.6M-$562.7M2.59
2024$647M$25.4M-$621.6M2.31
2025$556.3M$245.2M-$311.1M2.11
PeriodMarket capEnterprise valueP/SP/E
2020$4.5B$4.3B7.084.3
2021$4B$4B5.328.4
2022$2.3B$1.6B4.047.8
2023$2.4B$1.8B3.891.7
2024$2.5B$1.9B3.449.5
2025$2.8B$2.5B3.365.1
Q3 2024$175.7M
Q4 2024$203.3M
Q1 2025$189.5M
Q2 2025$222.8M
Q3 2025$198.9M
Q4 2025$245.1M
Q1 2026$225.3M
Q2 2026$295.3M
PeriodRevenueGrowthNet incomeFCF
Q3 2024$175.7M+1%$8.7M$17.4M
Q4 2024$203.3M+39%$10.7M-$311.2K
Q1 2025$189.5M+20%$9.6M-$10.2M
Q2 2025$222.8M+12%$15.2M$27.5M
Q3 2025$198.9M+13%$9.2M-$25.2M
Q4 2025$245.1M+21%$8.2M$12M
Q1 2026$225.3M+19%$13.2M-$37.3M
Q2 2026$295.3M+33%$30M$59.8M
PeriodGross marginOperating marginNet marginROEROA
Q3 2024+19.7%+5.3%+4.9%+0.5%+0.4%
Q4 2024+12.5%+4.3%+5.3%+0.6%+0.4%
Q1 2025+17.5%+5.6%+5.1%+0.5%+0.4%
Q2 2025+14.9%+7.5%+6.8%+0.8%+0.6%
Q3 2025+23.8%+4.9%+4.6%+0.5%+0.4%
Q4 2025+14.1%0.0%+3.3%+0.4%+0.3%
Q1 2026+16.8%+3.9%+5.8%+0.7%+0.5%
Q2 2026+19.2%+8.5%+10.2%+1.6%+1.2%
PeriodCashDebtNet debtCurrent ratio
Q3 2024$645.1M$69.5M-$575.6M2.60
Q4 2024$647M$25.4M-$621.6M2.31
Q1 2025$646.1M$26.1M-$620M2.31
Q2 2025$688.9M$22.2M-$666.7M2.31
Q3 2025$625.3M$244.4M-$380.9M2.37
Q4 2025$556.3M$245.2M-$311.1M2.11
Q1 2026$518.7M$199.5M-$319.2M2.34
Q2 2026$558.5M$246.6M-$311.9M2.06
PeriodMarket capEnterprise valueP/SP/E
Q3 2024$2.7B$2.2B15.578.7
Q4 2024$2.5B$1.9B12.559.4
Q1 2025$2.3B$1.7B12.159.9
Q2 2025$2.3B$1.7B10.538.6
Q3 2025$2.8B$2.4B14.176.3
Q4 2025$2.8B$2.5B11.385.1
Q1 2026$3.2B$2.9B14.361.3
Q2 2026$12.3B$12B41.8100.3

Refreshed 1h ago

Charts: revenue, profit, cash flow & valuation
Revenue$295.3MQ2 2026
$73.8M$147.6M$221.5M$295.3MQ3 2023: $173.2MQ4 2023: $146MQ1 2024: $157.4MQ2 2024: $198.3MQ3 2024: $175.7MQ4 2024: $203.3MQ1 2025: $189.5MQ2 2025: $222.8MQ3 2025: $198.9MQ4 2025: $245.1MQ1 2026: $225.3MQ2 2026: $295.3MQ3 2023Q2 2026
Net income$30MQ2 2026
$7.5M$15M$22.5M$30MQ3 2023: $3.9MQ4 2023: $9.2MQ1 2024: $10.8MQ2 2024: $20MQ3 2024: $8.7MQ4 2024: $10.7MQ1 2025: $9.6MQ2 2025: $15.2MQ3 2025: $9.2MQ4 2025: $8.2MQ1 2026: $13.2MQ2 2026: $30MQ3 2023Q2 2026
EBITDA$53.7MQ2 2026
$13.4M$26.9M$40.3M$53.7MQ3 2023: $21.4MQ4 2023: $26.5MQ1 2024: $30.7MQ2 2024: $46.7MQ3 2024: $28.2MQ4 2024: $30.9MQ1 2025: $32.8MQ2 2025: $41.2MQ3 2025: $32.2MQ4 2025: $38.5MQ1 2026: $14.5MQ2 2026: $53.7MQ3 2023Q2 2026
Free cash flow$59.8MQ2 2026
-$13M$11.3M$35.6M$59.8MQ3 2023: -$405KQ4 2023: $15.2MQ1 2024: $8.5MQ2 2024: -$416.3KQ3 2024: $17.4MQ4 2024: -$311.2KQ1 2025: -$10.2MQ2 2025: $27.5MQ3 2025: -$25.2MQ4 2025: $12MQ1 2026: -$37.3MQ2 2026: $59.8MQ3 2023Q2 2026
EPS$0.03Q2 2026
$0.01$0.01$0.02$0.03Q3 2023: $0Q4 2023: $0.01Q1 2024: $0.01Q2 2024: $0.02Q3 2024: $0.01Q4 2024: $0.01Q1 2025: $0.01Q2 2025: $0.01Q3 2025: $0.01Q4 2025: $0.01Q1 2026: $0.01Q2 2026: $0.03Q3 2023Q2 2026
Cash / Debt$558.5MQ2 2026
$220.5M$441M$661.6M$882.1MQ3 2023 · Cash: $882.1MQ3 2023 · Debt: $240MQ4 2023 · Cash: $638.4MQ4 2023 · Debt: $75.6MQ1 2024 · Cash: $641.7MQ1 2024 · Debt: $70.5MQ2 2024 · Cash: $638MQ2 2024 · Debt: $69.9MQ3 2024 · Cash: $645.1MQ3 2024 · Debt: $69.5MQ4 2024 · Cash: $647MQ4 2024 · Debt: $25.4MQ1 2025 · Cash: $646.1MQ1 2025 · Debt: $26.1MQ2 2025 · Cash: $688.9MQ2 2025 · Debt: $22.2MQ3 2025 · Cash: $625.3MQ3 2025 · Debt: $244.4MQ4 2025 · Cash: $556.3MQ4 2025 · Debt: $245.2MQ1 2026 · Cash: $518.7MQ1 2026 · Debt: $199.5MQ2 2026 · Cash: $558.5MQ2 2026 · Debt: $246.6MQ3 2023Q2 2026
CashDebt
Profitability+19.2%Q2 2026
+5.9%+11.9%+17.8%+23.8%Q3 2023 · Gross margin: +15.0%Q4 2023 · Gross margin: +16.2%Q1 2024 · Gross margin: +16.8%Q2 2024 · Gross margin: +22.0%Q3 2024 · Gross margin: +19.7%Q4 2024 · Gross margin: +12.5%Q1 2025 · Gross margin: +17.5%Q2 2025 · Gross margin: +14.9%Q3 2025 · Gross margin: +23.8%Q4 2025 · Gross margin: +14.1%Q1 2026 · Gross margin: +16.8%Q2 2026 · Gross margin: +19.2%Q3 2023 · Operating margin: +2.2%Q4 2023 · Operating margin: +5.8%Q1 2024 · Operating margin: +7.7%Q2 2024 · Operating margin: +14.0%Q3 2024 · Operating margin: +5.3%Q4 2024 · Operating margin: +4.3%Q1 2025 · Operating margin: +5.6%Q2 2025 · Operating margin: +7.5%Q3 2025 · Operating margin: +4.9%Q4 2025 · Operating margin: 0.0%Q1 2026 · Operating margin: +3.9%Q2 2026 · Operating margin: +8.5%Q3 2023 · Net margin: +2.3%Q4 2023 · Net margin: +6.3%Q1 2024 · Net margin: +6.9%Q2 2024 · Net margin: +10.1%Q3 2024 · Net margin: +4.9%Q4 2024 · Net margin: +5.3%Q1 2025 · Net margin: +5.1%Q2 2025 · Net margin: +6.8%Q3 2025 · Net margin: +4.6%Q4 2025 · Net margin: +3.3%Q1 2026 · Net margin: +5.8%Q2 2026 · Net margin: +10.2%Q3 2023Q2 2026
Gross marginOperating marginNet margin
Revenue growth+32.6%Q2 2026
+9.8%+19.6%+29.5%+39.3%Q3 2024: +1.5%Q4 2024: +39.3%Q1 2025: +20.4%Q2 2025: +12.4%Q3 2025: +13.1%Q4 2025: +20.6%Q1 2026: +18.9%Q2 2026: +32.6%Q3 2023Q2 2026
Shares outstanding1.1BQ2 2026
320.5M641M961.4M1.3BQ3 2023: 1.2BQ4 2023: 1.3BQ1 2024: 1.2BQ2 2024: 1.1BQ3 2024: 1.2BQ4 2024: 1.2BQ1 2025: 1.1BQ2 2025: 1.1BQ3 2025: 1.2BQ4 2025: 1.1BQ1 2026: 1.1BQ2 2026: 1.1BQ3 2023Q2 2026
Valuation100.3Q2 2026
42.384.6126.9169.2Q3 2023 · P/E: 169.2Q4 2023 · P/E: 71.0Q1 2024 · P/E: 51.1Q2 2024 · P/E: 26.5Q3 2024 · P/E: 78.7Q4 2024 · P/E: 59.4Q1 2025 · P/E: 59.9Q2 2025 · P/E: 38.6Q3 2025 · P/E: 76.3Q4 2025 · P/E: 85.1Q1 2026 · P/E: 61.3Q2 2026 · P/E: 100.3Q3 2023 · P/S: 15.4Q4 2023 · P/S: 18.0Q1 2024 · P/S: 14.1Q2 2024 · P/S: 10.4Q3 2024 · P/S: 15.5Q4 2024 · P/S: 12.5Q1 2025 · P/S: 12.1Q2 2025 · P/S: 10.5Q3 2025 · P/S: 14.1Q4 2025 · P/S: 11.3Q1 2026 · P/S: 14.3Q2 2026 · P/S: 41.8Q3 2023Q2 2026
P/EP/S
Revenue$853.7M2025
$213.4M$426.8M$640.3M$853.7M2018: $681.3M2019: $489.9M2020: $644.4M2021: $751.9M2022: $576.3M2023: $627.9M2024: $734.7M2025: $853.7M20182025
Net income$42.1M2025
$37.8M$75.7M$113.5M$151.3M2018: $151.3M2019: $50.4M2020: $53.4M2021: $140.3M2022: $48.7M2023: $25.8M2024: $50.2M2025: $42.1M20182025
EBITDA$156.5M2025
$55.2M$110.4M$165.6M$220.8M2018: $220.8M2019: $100M2020: $114.7M2021: $213.2M2022: $118.1M2023: $101.4M2024: $145.9M2025: $156.5M20182025
Free cash flow$5.8M2025
-$138.9M-$44M$50.9M$145.8M2018: $145.8M2019: $84.2M2020: -$87.9M2021: -$233.8M2022: -$32.4M2023: $2.7M2024: $23.1M2025: $5.8M20182025
EPS$0.042025
$0.04$0.08$0.13$0.172018: $0.172019: $0.062020: $0.062021: $0.162022: $0.052023: $0.022024: $0.042025: $0.0420182025
Cash / Debt$556.3M2025
$199.3M$398.6M$597.9M$797.2M2018 · Cash: $180.3M2018 · Debt: $12.9M2019 · Cash: $226M2019 · Debt: $5.4M2020 · Cash: $299.5M2020 · Debt: $82.9M2021 · Cash: $179.5M2021 · Debt: $175.7M2022 · Cash: $797.2M2022 · Debt: $111.6M2023 · Cash: $638.4M2023 · Debt: $75.6M2024 · Cash: $647M2024 · Debt: $25.4M2025 · Cash: $556.3M2025 · Debt: $245.2M20182025
CashDebt
Profitability+15.9%2025
+10.3%+20.5%+30.8%+41.0%2018 · Gross margin: +41.0%2019 · Gross margin: +23.4%2020 · Gross margin: +28.7%2021 · Gross margin: +30.1%2022 · Gross margin: +14.2%2023 · Gross margin: +14.0%2024 · Gross margin: +17.7%2025 · Gross margin: +15.9%2018 · Operating margin: +26.8%2019 · Operating margin: +11.9%2020 · Operating margin: +16.1%2021 · Operating margin: +21.5%2022 · Operating margin: +8.5%2023 · Operating margin: +4.9%2024 · Operating margin: +7.9%2025 · Operating margin: +3.1%2018 · Net margin: +22.2%2019 · Net margin: +10.3%2020 · Net margin: +8.3%2021 · Net margin: +18.7%2022 · Net margin: +8.4%2023 · Net margin: +4.1%2024 · Net margin: +6.8%2025 · Net margin: +4.9%20182025
Gross marginOperating marginNet margin
Revenue growth+16.2%2025
-13.2%+1.7%+16.6%+31.5%2019: -28.1%2020: +31.5%2021: +16.7%2022: -23.4%2023: +9.0%2024: +17.0%2025: +16.2%20182025
Shares outstanding1.1B2025
290.8M581.7M872.5M1.2B2018: 892.3M2019: 891.7M2020: 896.8M2021: 898.2M2022: 1.1B2023: 1.2B2024: 1.2B2025: 1.1B20182025
Valuation65.12025
22.945.868.891.72018 · P/E: 9.42019 · P/E: 39.22020 · P/E: 84.32021 · P/E: 28.42022 · P/E: 47.82023 · P/E: 91.72024 · P/E: 49.52025 · P/E: 65.12018 · P/S: 2.12019 · P/S: 4.02020 · P/S: 7.02021 · P/S: 5.32022 · P/S: 4.02023 · P/S: 3.82024 · P/S: 3.42025 · P/S: 3.320182025
P/EP/S

Next catalyst

Catalysts

Earnings
2026-10-26
Revenue est. - · Updated 1h ago
Dividend
¥0.1
2026-07-10

No unusual perp activity right now.

Research data

Analysts, filings and peer context

Estimates

3
DateEPS estimateRevenue estimateGrowthAnalysts
FY 20260.61$1.1B+29%2
FY 20271.07$1.4B+61%2
FY 20281.21$1.5B+79%1

Company events

6
2026-10-26Earnings--
2026-08-27EarningsActual 0.18 / Estimate --
2026-07-10Dividend¥0.1-
2026-04-28EarningsActual 0.08 / Estimate --
2026-04-20EarningsActual 0.05 / Estimate 0.12Miss
2025-10-28EarningsActual 0.05 / Estimate 0.15Miss

Peer comparison

Similar listed perps

Analyst track record

How the analysts covering FENGHUA have done: ratings, price-target accuracy and the measured reaction after their calls.

12 months3 years
Ratings00
Analysts00
Buy / hold / sell
Upgrades / downgrades / initiations0 / 0 / 00 / 0 / 0
Price targets hit / missed
Avg. return after a rating (TipRanks)
Best / worst call / /

After buy calls on this stock: not enough measured cases yet

TipRanks data via FMP · computed Sep 24, 2026 · 0 ratings

Frequently asked questions

Where can I trade FENGHUA perpetual futures?

Guangdong Fenghua Advanced Technology (Holding) Co., Ltd. (FENGHUA) perpetual futures trade on 1 crypto venues, including Gate.io. PerpEquities compares them by live price, funding rate, open interest and liquidity.

Can I trade FENGHUA around the clock?

Yes. Unlike the underlying stock, FENGHUA perpetuals trade 24/7 — including weekends and outside regular market hours.

What is the funding rate on FENGHUA perpetuals?

Right now the FENGHUA perp funding rate is 0.0% annualized (venue median), ranging from 0.0% to 0.0% across 1 venues. A positive rate means longs pay shorts. PerpEquities shows the live rate and its history for every venue.

How does the FENGHUA perp price compare to the Guangdong Fenghua Advanced Technology (Holding) Co., Ltd. stock?

The venue-median FENGHUA perp mark is $8.44 versus a reference stock price of $8.44, a basis of 0.0%. Perps follow the stock through an index price; the gap widens when funding or liquidity diverge between venues.

What is a FENGHUA perpetual future?

A FENGHUA perpetual is a derivative that tracks the price of Guangdong Fenghua Advanced Technology (Holding) Co., Ltd. with no expiry date. It lets you take long or short exposure to Guangdong Fenghua Advanced Technology (Holding) Co., Ltd. on crypto venues, around the clock.

What is FENGHUAUSDT perpetual?

FENGHUAUSDT is the symbol most crypto exchanges use for the Guangdong Fenghua Advanced Technology (Holding) Co., Ltd. perpetual settled in USDT (Tether). It tracks the FENGHUA share price through an index, trades 24/7 with leverage and never expires.

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