Bybit
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Equity · Technology
Hua Hong Semiconductor Limited (HUAHONG) perpetual futures
HUAHONG perpetual futures on 2 crypto exchanges – live perp price vs the stock, funding rate, open interest and where to trade HUAHONGUSDT.
Hua Hong Semiconductor produces and sells semiconductor devices and provides foundry services, including ICs for memory, logic, mixed-signal, RF, power management and automotive applications.
$8.67+0.2%
Price chart
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HKEX · daily close
Auto: underlying reference priceOpen in TradingView
Trading data
Perpetual market activity
2/2 live markets
Trading data
Perpetual market activity
Venues
2
Live markets
2/2
24h volume
$19.2K
Open interest
$95.9K
Best liquidity
$224.2
Bybit
Tightest spread
+93.0 bps
Bybit
Highest volume
$15.5K
Bybit
Settlement mix
USDT · 2/2
Perp/spot vol.
0.00x
Spot volume $143.5M
OI / float
0.00%
Float $6.9B
Spot performance
1D+0.20%
5D-6.37%
1M-36.36%
6M-22.96%
YTD-1.08%
1Y-5.41%
Venue matrix
2 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.
Tradability
Execution quality
Entry cost and depth per venue at $1k–$100k
Tradability
Execution quality
Entry cost and depth per venue at $1k–$100kNo sufficient depth · 0 of 2 venues absorb $10k
Too thin: Bybit
No fresh book data: Gate.io
Taker execution estimate incl. approx. fees - maker fills are not guaranteed.
Best venues for this underlying
Best liquidity
HUAHONGTightest spread
HUAHONGHighest volume
HUAHONGFunding history
Stored venue snapshots by market
Funding history
Stored venue snapshots by marketCompany data
Company fundamentals
Updated 52m ago
Company data
Company fundamentals
Market cap
$16.4B
Updated 52m ago
Revenue
$2.7B
Trailing 12 months
Revenue growth
+27%
Next fiscal year
Profit margin
+3.8%
P/E
146.1
Peer P/E 29.1
Free cash flow
-$1.2B
Trailing 12 months
More metrics
Net income
$101.2M
Trailing 12 months
P/S
6.1
Peer P/E
29.1
Similar listed perps
Revenue estimate
$3B
Next fiscal year
Earnings
2026-11-05
Revenue est. $780.3M · Updated 52m ago
Dividend
$0.165
2024-06-03
Fundamental detail
Annual + quarterlyLatest revenue$2.4B
Net margin+2.2%
Free cash flow-$1B
Net debt-$1.2B
PeriodRevenueGrowthNet incomeFCF
2020$961.3M+3%$99.4M-$818.1M
2021$1.6B+70%$261.5M-$420.4M
2022$2.5B+52%$449.9M-$245.3M
2023$2.3B-8%$280M-$264.9M
2024$2B-12%$58.1M-$2.3B
2025$2.4B+20%$52.5M-$1B
PeriodGross marginOperating marginNet marginROEROA
2020+24.4%-2.3%+10.3%+3.9%+2.2%
2021+27.7%+15.3%+16.0%+9.1%+4.2%
2022+34.1%+24.0%+18.2%+14.8%+6.4%
2023+21.3%+9.6%+12.2%+4.4%+2.6%
2024+10.2%-19.2%+2.9%+0.9%+0.5%
2025+14.3%-3.6%+2.2%+0.8%+0.4%
PeriodCashDebtNet debtCurrent ratio
2020$922.8M$587.8M-$335M2.11
2021$1.6B$1.6B-$2M2.21
2022$2B$1.9B-$81.1M2.22
2023$5.6B$2.1B-$3.5B6.76
2024$4.5B$2.2B-$2.2B3.73
2025$5B$3.8B-$1.2B3.56
PeriodMarket capEnterprise valueP/SP/E
2020$7.4B$7.1B7.773.8
2021$7.3B$7.3B4.527.6
2022$4.6B$4.5B1.910.3
2023$3.6B$129M1.612.7
2024$4.8B$2.5B2.482.4
2025$16.5B$15.3B6.9309.9
PeriodRevenueGrowthNet incomeFCF
Q3 2024$526.3M-7%$44.8M-$760.9M
Q4 2024$539.2M+18%-$25.2M-$1.2B
Q1 2025$540.9M+18%$3.8M-$460.7M
Q2 2025$578.2M+21%$6.6M-$1.7B
Q3 2025$641.2M+22%$24.9M-$64M
Q4 2025$663.4M+23%$17.7M-$325.1M
Q1 2026$666M+23%$20.1M-$782.7M
Q2 2026$717.5M+24%$38.6M-$18.5M
PeriodGross marginOperating marginNet marginROEROA
Q3 2024+12.2%-3.3%+8.5%+0.7%+0.3%
Q4 2024+11.4%-51.5%-4.7%-0.4%-0.2%
Q1 2025+9.2%-8.7%+0.7%+0.1%0.0%
Q2 2025+10.7%-14.4%+1.1%+0.1%+0.1%
Q3 2025+21.3%-1.8%+3.9%+0.4%+0.2%
Q4 2025+14.0%-6.3%+2.7%+0.3%+0.1%
Q1 2026+17.6%-2.5%+3.0%+0.3%+0.1%
Q2 2026+16.5%+1.3%+5.4%+0.5%+0.3%
PeriodCashDebtNet debtCurrent ratio
Q3 2024$5.8B$2.3B-$3.5B3.81
Q4 2024$4.5B$2.2B-$2.2B3.73
Q1 2025$4.1B$2.3B-$1.8B3.83
Q2 2025$3.8B$2.3B-$1.6B3.79
Q3 2025$4B$2.4B-$1.5B3.87
Q4 2025$5B$3.8B-$1.2B3.56
Q1 2026$4.9B$4.5B-$418.6M3.44
Q2 2026$4.5B$4.2B-$333.8M2.02
PeriodMarket capEnterprise valueP/SP/E
Q3 2024$4.6B$1.1B8.825.8
Q4 2024$4.8B$2.5B8.9-47.4
Q1 2025$6.9B$5.1B12.7498.7
Q2 2025$8.8B$7.3B15.2334.8
Q3 2025$17.8B$16.3B27.8182.2
Q4 2025$16.6B$15.4B25.0233.9
Q1 2026$17.2B$16.8B25.8213.4
Q2 2026$47.7B$47.3B66.4308.9
Refreshed 52m ago
Charts: revenue, profit, cash flow & valuation
CashDebt
Gross marginOperating marginNet margin
P/EP/S
CashDebt
Gross marginOperating marginNet margin
P/EP/S
Next catalyst
Catalysts
Next catalyst
Catalysts
Earnings
2026-11-05
Revenue est. $780.3M · Updated 52m ago
Dividend
$0.165
2024-06-03
No unusual perp activity right now.
FMP reference data
Market context
FMP reference data
Market context
Hong Kong Stock Exchange
Research data
Analysts, filings and peer context
Research data
Analysts, filings and peer context
Estimates
6DateEPS estimateRevenue estimateGrowthAnalysts
FY 20260.11$3B+27%16
FY 20270.17$3.8B+58%16
FY 20280.22$4.3B+81%11
FY 20290.32$4.3B+78%4
FY 20300.43$4.6B+91%4
Q1 20270.05$817.1M+23%2
Company events
62026-11-05EarningsActual - / Estimate 0.33-
2026-08-13EarningsActual 0.17 / Estimate 0.19Miss
2026-05-14EarningsActual 0.09 / Estimate 0.18Miss
2026-02-12EarningsActual 0.08 / Estimate 0.12Miss
2025-11-06EarningsActual 0.12 / Estimate 0.14Miss
2025-08-07EarningsActual 0.04 / Estimate 0.08Miss
Peer comparison
Similar listed perpsAnalysts
PendingNo analyst data available yet.
Ownership
HUAHONG-PERPOwnership data is being populated.
Transcripts
PendingNo transcripts available yet.
Company news
Reuters, WSJ, Bloomberg and FT first, as far as our news provider delivers them; other publishers behind the second filter. Headlines link to the publisher.No articles from Reuters, WSJ, Bloomberg or FT for this company in our feed.
Analyst track record
How the analysts covering HUAHONG have done: ratings, price-target accuracy and the measured reaction after their calls.
| 12 months | 3 years | |
|---|---|---|
| Ratings | 0 | 0 |
| Analysts | 0 | 0 |
| Buy / hold / sell | – | – |
| Upgrades / downgrades / initiations | 0 / 0 / 0 | 0 / 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 Oct 16, 2026 · 0 ratings
Frequently asked questions
Where can I trade HUAHONG perpetual futures?
Hua Hong Semiconductor Limited (HUAHONG) perpetual futures trade on 2 crypto venues, including Bybit, Gate.io. PerpEquities compares them by live price, funding rate, open interest and liquidity.
Can I trade HUAHONG around the clock?
Yes. Unlike the underlying stock, HUAHONG perpetuals trade 24/7 — including weekends and outside regular market hours.
What is the funding rate on HUAHONG perpetuals?
Right now the HUAHONG perp funding rate is 0.0% annualized (venue median), ranging from 0.0% to 0.0% across 2 venues. A positive rate means longs pay shorts. PerpEquities shows the live rate and its history for every venue.
How does the HUAHONG perp price compare to the Hua Hong Semiconductor Limited stock?
The venue-median HUAHONG perp mark is $8.63 versus a reference stock price of $8.67, a basis of -0.5%. Perps follow the stock through an index price; the gap widens when funding or liquidity diverge between venues.
What is a HUAHONG perpetual future?
A HUAHONG perpetual is a derivative that tracks the price of Hua Hong Semiconductor Limited with no expiry date. It lets you take long or short exposure to Hua Hong Semiconductor Limited on crypto venues, around the clock.
What is HUAHONGUSDT perpetual?
HUAHONGUSDT is the symbol most crypto exchanges use for the Hua Hong Semiconductor Limited perpetual settled in USDT (Tether). It tracks the HUAHONG share price through an index, trades 24/7 with leverage and never expires.
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