PerpEquities

Equity · Technology

Hengtong Optic-Electric Co., Ltd. (HTGD) perpetual futures

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

Hengtong Optic-Electric Co., Ltd. tracked across crypto venues with normalized contract specifications.

$10.11-3.7%
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Price chart

 

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Collecting venue price data...
venue perp mark · Gate.io (HTGD/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
$488
Open interest
$37.7K
Best liquidity
$0
Gate.io
Tightest spread
+310.5 bps
Gate.io
Highest volume
$488
Gate.io
Settlement mix
USDT · 1/1
Perp/spot vol.
0.00x
Spot volume $1.1B
OI / float
0.00%
Float $17.3B
Spot performance
1D-3.66%
5D-3.74%
1M+11.50%
6M+51.86%
YTD+172.46%
1Y+198.01%

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.ioTradeHTGD/USDTTrading$10.110.0% APR
0.000% every 8h
+310.5 bps$0$488$37.7KUSDT20x

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

HTGD

Tightest spread

HTGD

Highest volume

HTGD

Funding history

Stored venue snapshots by market

Company data

Company fundamentals

Updated 1h ago
Market cap
$24.5B
Updated 1h ago
Revenue
$11.4B
Trailing 12 months
Revenue growth
+24%
Next fiscal year
Profit margin
+5.4%
P/E
39.4
Peer P/E 41.9
Free cash flow
-$243M
Trailing 12 months
More metrics
Net income
$622.8M
Trailing 12 months
P/S
2.1
Peer P/E
41.9
Similar listed perps
Revenue estimate
$12.3B
Next fiscal year
Earnings
2026-11-03
Revenue est. $3.4B · Updated 1h ago
Dividend
¥0.275
2026-06-29

Fundamental detail

Annual + quarterly
Latest revenue$9.9B
Net margin+4.0%
Free cash flow-$1.7M
Net debt$1.7B
2020$4.8B
2021$6.1B
2022$6.9B
2023$7.1B
2024$8.9B
2025$9.9B
PeriodRevenueGrowthNet incomeFCF
2020$4.8B+2%$157.9M$14M
2021$6.1B+27%$213.7M-$197.8M
2022$6.9B+13%$236M-$266M
2023$7.1B+2%$320.4M-$37M
2024$8.9B+26%$411.9M$182.7M
2025$9.9B+11%$398.7M-$1.7M
PeriodGross marginOperating marginNet marginROEROA
2020+16.2%+4.2%+3.3%+5.3%+2.2%
2021+15.9%+4.1%+3.5%+6.9%+2.7%
2022+14.1%+3.6%+3.4%+6.7%+2.8%
2023+15.2%+4.9%+4.5%+8.4%+3.4%
2024+13.1%+5.5%+4.6%+9.7%+4.2%
2025+12.0%+4.9%+4.0%+8.4%+3.7%
PeriodCashDebtNet debtCurrent ratio
2020$1.4B$1.9B$439.7M1.54
2021$1.5B$2B$457.4M1.51
2022$1.4B$1.9B$473.8M1.57
2023$1.7B$2.1B$352.7M1.49
2024$1.8B$1.8B$5.1M1.55
2025$1.8B$3.4B$1.7B1.54
PeriodMarket capEnterprise valueP/SP/E
2020$4.9B$5.3B1.031.1
2021$5.2B$5.7B0.924.4
2022$5.3B$5.8B0.822.5
2023$4.3B$4.7B0.613.5
2024$6.2B$6.2B0.715.1
2025$8.9B$10.6B0.922.3
Q3 2024$2.3B
Q4 2024$2.6B
Q1 2025$2B
Q2 2025$2.8B
Q3 2025$2.6B
Q4 2025$2.6B
Q1 2026$2.6B
Q2 2026$3.6B
PeriodRevenueGrowthNet incomeFCF
Q3 2024$2.3B+32%$104.9M-$66.4M
Q4 2024$2.6B+40%$67.5M$412.5M
Q1 2025$2B+13%$82.8M-$59M
Q2 2025$2.8B+27%$157.1M-$122.3M
Q3 2025$2.6B+11%$113.4M-$39M
Q4 2025$2.6B-2%$45.3M$216.7M
Q1 2026$2.6B+34%$164.4M-$134.9M
Q2 2026$3.6B+29%$299.6M-$285.7M
PeriodGross marginOperating marginNet marginROEROA
Q3 2024+12.9%+5.4%+4.5%+2.5%+1.1%
Q4 2024+8.3%+3.4%+2.6%+1.6%+0.7%
Q1 2025+13.6%+4.9%+4.2%+1.9%+0.8%
Q2 2025+13.5%+6.4%+5.6%+3.5%+1.5%
Q3 2025+12.9%+5.0%+4.3%+2.5%+1.1%
Q4 2025+9.8%+1.4%+1.8%+1.0%+0.4%
Q1 2026+16.0%+7.3%+6.2%+3.4%+1.5%
Q2 2026+17.1%+9.8%+8.3%+6.0%+2.6%
PeriodCashDebtNet debtCurrent ratio
Q3 2024$1.4B$2.9B$612.8M1.62
Q4 2024$1.8B$1.8B$5.1M1.55
Q1 2025$1.8B$1.7B-$70.4M1.49
Q2 2025$1.9B$1.9B$33.9M1.46
Q3 2025$2.1B$3.7B$1.6B1.47
Q4 2025$1.8B$3.4B$1.7B1.54
Q1 2026$2B$2.5B$498.9M1.60
Q2 2026$1.8B$3.9B$2.1B1.58
PeriodMarket capEnterprise valueP/SP/E
Q3 2024$6.1B$7.6B2.614.6
Q4 2024$6.2B$6.2B2.423.0
Q1 2025$6B$5.9B3.018.1
Q2 2025$5.6B$5.6B2.08.9
Q3 2025$8.4B$10B3.218.5
Q4 2025$9B$10.7B3.551.5
Q1 2026$19B$19.5B7.228.6
Q2 2026$39.7B$41.9B11.033.3

Refreshed 1h ago

Charts: revenue, profit, cash flow & valuation
Revenue$3.6BQ2 2026
$901.3M$1.8B$2.7B$3.6BQ3 2023: $1.8BQ4 2023: $1.9BQ1 2024: $1.8BQ2 2024: $2.2BQ3 2024: $2.3BQ4 2024: $2.6BQ1 2025: $2BQ2 2025: $2.8BQ3 2025: $2.6BQ4 2025: $2.6BQ1 2026: $2.6BQ2 2026: $3.6BQ3 2023Q2 2026
Net income$299.6MQ2 2026
$74.9M$149.8M$224.7M$299.6MQ3 2023: $82.5MQ4 2023: $52MQ1 2024: $76.3MQ2 2024: $163.1MQ3 2024: $104.9MQ4 2024: $67.5MQ1 2025: $82.8MQ2 2025: $157.1MQ3 2025: $113.4MQ4 2025: $45.3MQ1 2026: $164.4MQ2 2026: $299.6MQ3 2023Q2 2026
EBITDA$414.4MQ2 2026
$103.6M$207.2M$310.8M$414.4MQ3 2023: $158.5MQ4 2023: $114MQ1 2024: $154MQ2 2024: $254.1MQ3 2024: $205.1MQ4 2024: $150MQ1 2025: $169.3MQ2 2025: $235.5MQ3 2025: $202.7MQ4 2025: $126.3MQ1 2026: $202.4MQ2 2026: $414.4MQ3 2023Q2 2026
Free cash flow-$285.7MQ2 2026
-$111.2M$63.4M$237.9M$412.5MQ3 2023: $62.7MQ4 2023: $179.5MQ1 2024: -$932.1KQ2 2024: -$162.4MQ3 2024: -$66.4MQ4 2024: $412.5MQ1 2025: -$59MQ2 2025: -$122.3MQ3 2025: -$39MQ4 2025: $216.7MQ1 2026: -$134.9MQ2 2026: -$285.7MQ3 2023Q2 2026
EPS$0.12Q2 2026
$0.03$0.06$0.09$0.12Q3 2023: $0.03Q4 2023: $0.02Q1 2024: $0.03Q2 2024: $0.07Q3 2024: $0.04Q4 2024: $0.03Q1 2025: $0.03Q2 2025: $0.06Q3 2025: $0.05Q4 2025: $0.02Q1 2026: $0.07Q2 2026: $0.12Q3 2023Q2 2026
Cash / Debt$1.8BQ2 2026
$979.3M$2B$2.9B$3.9BQ3 2023 · Cash: $1.3BQ3 2023 · Debt: $2.6BQ4 2023 · Cash: $1.6BQ4 2023 · Debt: $3.2BQ1 2024 · Cash: $1.5BQ1 2024 · Debt: $2.5BQ2 2024 · Cash: $1.3BQ2 2024 · Debt: $2.9BQ3 2024 · Cash: $1.4BQ3 2024 · Debt: $2.9BQ4 2024 · Cash: $1.8BQ4 2024 · Debt: $1.8BQ1 2025 · Cash: $1.8BQ1 2025 · Debt: $1.7BQ2 2025 · Cash: $1.9BQ2 2025 · Debt: $1.9BQ3 2025 · Cash: $2.1BQ3 2025 · Debt: $3.7BQ4 2025 · Cash: $1.8BQ4 2025 · Debt: $3.4BQ1 2026 · Cash: $2BQ1 2026 · Debt: $2.5BQ2 2026 · Cash: $1.8BQ2 2026 · Debt: $3.9BQ3 2023Q2 2026
CashDebt
Profitability+17.1%Q2 2026
+4.4%+8.8%+13.2%+17.6%Q3 2023 · Gross margin: +17.5%Q4 2023 · Gross margin: +10.0%Q1 2024 · Gross margin: +15.0%Q2 2024 · Gross margin: +17.6%Q3 2024 · Gross margin: +12.9%Q4 2024 · Gross margin: +8.3%Q1 2025 · Gross margin: +13.6%Q2 2025 · Gross margin: +13.5%Q3 2025 · Gross margin: +12.9%Q4 2025 · Gross margin: +9.8%Q1 2026 · Gross margin: +16.0%Q2 2026 · Gross margin: +17.1%Q3 2023 · Operating margin: +5.0%Q4 2023 · Operating margin: +3.0%Q1 2024 · Operating margin: +5.1%Q2 2024 · Operating margin: +8.5%Q3 2024 · Operating margin: +5.4%Q4 2024 · Operating margin: +3.4%Q1 2025 · Operating margin: +4.9%Q2 2025 · Operating margin: +6.4%Q3 2025 · Operating margin: +5.0%Q4 2025 · Operating margin: +1.4%Q1 2026 · Operating margin: +7.3%Q2 2026 · Operating margin: +9.8%Q3 2023 · Net margin: +4.6%Q4 2023 · Net margin: +2.8%Q1 2024 · Net margin: +4.4%Q2 2024 · Net margin: +7.4%Q3 2024 · Net margin: +4.5%Q4 2024 · Net margin: +2.6%Q1 2025 · Net margin: +4.2%Q2 2025 · Net margin: +5.6%Q3 2025 · Net margin: +4.3%Q4 2025 · Net margin: +1.8%Q1 2026 · Net margin: +6.2%Q2 2026 · Net margin: +8.3%Q3 2023Q2 2026
Gross marginOperating marginNet margin
Revenue growth+29.0%Q2 2026
+8.6%+19.2%+29.8%+40.5%Q3 2024: +32.4%Q4 2024: +40.5%Q1 2025: +12.6%Q2 2025: +26.6%Q3 2025: +11.3%Q4 2025: -2.0%Q1 2026: +34.1%Q2 2026: +29.0%Q3 2023Q2 2026
Shares outstanding2.4BQ2 2026
616.7M1.2B1.9B2.5BQ3 2023: 2.4BQ4 2023: 2.4BQ1 2024: 2.5BQ2 2024: 2.4BQ3 2024: 2.4BQ4 2024: 2.4BQ1 2025: 2.4BQ2 2025: 2.4BQ3 2025: 2.4BQ4 2025: 2.4BQ1 2026: 2.4BQ2 2026: 2.4BQ3 2023Q2 2026
Valuation33.3Q2 2026
12.925.838.651.5Q3 2023 · P/E: 15.3Q4 2023 · P/E: 21.0Q1 2024 · P/E: 15.2Q2 2024 · P/E: 8.8Q3 2024 · P/E: 14.6Q4 2024 · P/E: 23.0Q1 2025 · P/E: 18.1Q2 2025 · P/E: 8.9Q3 2025 · P/E: 18.5Q4 2025 · P/E: 51.5Q1 2026 · P/E: 28.6Q2 2026 · P/E: 33.3Q3 2023 · P/S: 2.9Q4 2023 · P/S: 2.3Q1 2024 · P/S: 2.7Q2 2024 · P/S: 2.6Q3 2024 · P/S: 2.6Q4 2024 · P/S: 2.4Q1 2025 · P/S: 3.0Q2 2025 · P/S: 2.0Q3 2025 · P/S: 3.2Q4 2025 · P/S: 3.5Q1 2026 · P/S: 7.2Q2 2026 · P/S: 11.0Q3 2023Q2 2026
P/EP/S
Revenue$9.9B2025
$2.5B$5B$7.5B$9.9B2018: $5B2019: $4.7B2020: $4.8B2021: $6.1B2022: $6.9B2023: $7.1B2024: $8.9B2025: $9.9B20182025
Net income$398.7M2025
$103M$205.9M$308.9M$411.9M2018: $376.6M2019: $202.6M2020: $157.9M2021: $213.7M2022: $236M2023: $320.4M2024: $411.9M2025: $398.7M20182025
EBITDA$785.5M2025
$196.4M$392.7M$589.1M$785.5M2018: $562.7M2019: $442.3M2020: $438.6M2021: $485.4M2022: $477.5M2023: $592.9M2024: $771.3M2025: $785.5M20182025
Free cash flow-$1.7M2025
-$188.7M-$64.9M$58.9M$182.7M2018: -$301.8M2019: -$312.5M2020: $14M2021: -$197.8M2022: -$266M2023: -$37M2024: $182.7M2025: -$1.7M20182025
EPS$0.172025
$0.05$0.1$0.15$0.22018: $0.22019: $0.112020: $0.072021: $0.092022: $0.12023: $0.132024: $0.172025: $0.1720182025
Cash / Debt$1.8B2025
$858.1M$1.7B$2.6B$3.4B2018 · Cash: $751.8M2018 · Debt: $1.7B2019 · Cash: $1.1B2019 · Debt: $2B2020 · Cash: $1.4B2020 · Debt: $1.9B2021 · Cash: $1.5B2021 · Debt: $2B2022 · Cash: $1.4B2022 · Debt: $1.9B2023 · Cash: $1.7B2023 · Debt: $2.1B2024 · Cash: $1.8B2024 · Debt: $1.8B2025 · Cash: $1.8B2025 · Debt: $3.4B20182025
CashDebt
Profitability+12.0%2025
+4.7%+9.5%+14.2%+18.9%2018 · Gross margin: +18.9%2019 · Gross margin: +16.8%2020 · Gross margin: +16.2%2021 · Gross margin: +15.9%2022 · Gross margin: +14.1%2023 · Gross margin: +15.2%2024 · Gross margin: +13.1%2025 · Gross margin: +12.0%2018 · Operating margin: +9.0%2019 · Operating margin: +4.9%2020 · Operating margin: +4.2%2021 · Operating margin: +4.1%2022 · Operating margin: +3.6%2023 · Operating margin: +4.9%2024 · Operating margin: +5.5%2025 · Operating margin: +4.9%2018 · Net margin: +7.5%2019 · Net margin: +4.3%2020 · Net margin: +3.3%2021 · Net margin: +3.5%2022 · Net margin: +3.4%2023 · Net margin: +4.5%2024 · Net margin: +4.6%2025 · Net margin: +4.0%20182025
Gross marginOperating marginNet margin
Revenue growth+11.3%2025
+2.2%+10.6%+19.0%+27.4%2019: -6.2%2020: +2.0%2021: +27.4%2022: +12.6%2023: +2.5%2024: +26.0%2025: +11.3%20182025
Shares outstanding2.4B2025
618.9M1.2B1.9B2.5B2018: 1.9B2019: 1.9B2020: 2.3B2021: 2.3B2022: 2.4B2023: 2.5B2024: 2.4B2025: 2.4B20182025
Valuation22.32025
7.815.523.331.12018 · P/E: 12.92019 · P/E: 22.62020 · P/E: 31.12021 · P/E: 24.42022 · P/E: 22.52023 · P/E: 13.52024 · P/E: 15.12025 · P/E: 22.32018 · P/S: 1.02019 · P/S: 1.02020 · P/S: 1.02021 · P/S: 0.92022 · P/S: 0.82023 · P/S: 0.62024 · P/S: 0.72025 · P/S: 0.920182025
P/EP/S

Next catalyst

Catalysts

Earnings
2026-11-03
Revenue est. $3.4B · Updated 1h ago
Dividend
¥0.275
2026-06-29

No unusual perp activity right now.

Research data

Analysts, filings and peer context

Estimates

6
DateEPS estimateRevenue estimateGrowthAnalysts
FY 20263.06$12.3B+24%1
FY 20273.89$14.2B+42%3
FY 20284.34$15.6B+57%3
Q2 20260.00$3.6B+29%0
Q3 20260.98$3.4B+29%1
Q4 20260.47$3.3B+29%1

Company events

6
2026-11-03EarningsActual - / Estimate 0.98-
2026-08-26EarningsActual 0.82 / Estimate -Miss
2026-06-29Dividend¥0.275-
2026-04-27EarningsActual 0.46 / Estimate -Beat
2026-04-25EarningsActual 0.12 / Estimate 0.35Miss
2025-10-27EarningsActual 0.31 / Estimate 0.32Miss

Peer comparison

Similar listed perps

Analyst track record

How the analysts covering HTGD 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 HTGD perpetual futures?

Hengtong Optic-Electric Co., Ltd. (HTGD) 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 HTGD around the clock?

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

What is the funding rate on HTGD perpetuals?

Right now the HTGD 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 HTGD perp price compare to the Hengtong Optic-Electric Co., Ltd. stock?

The venue-median HTGD perp mark is $10.1 versus a reference stock price of $10.1, 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 HTGD perpetual future?

A HTGD perpetual is a derivative that tracks the price of Hengtong Optic-Electric Co., Ltd. with no expiry date. It lets you take long or short exposure to Hengtong Optic-Electric Co., Ltd. on crypto venues, around the clock.

What is HTGDUSDT perpetual?

HTGDUSDT is the symbol most crypto exchanges use for the Hengtong Optic-Electric Co., Ltd. perpetual settled in USDT (Tether). It tracks the HTGD share price through an index, trades 24/7 with leverage and never expires.

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