PerpEquities

Equity · Industrials

Sungrow Power Supply Co., Ltd. (SUNGROW) perpetual futures

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

Sungrow Power Supply Co., Ltd. tracked across crypto venues with normalized contract specifications.

$12.65-3.0%
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Price chart

 

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Collecting venue price data...
venue perp mark · Gate.io (SUNGROW/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
$32.9K
Open interest
$66.8K
Best liquidity
-
Tightest spread
+2.4 bps
Gate.io
Highest volume
$32.9K
Gate.io
Settlement mix
USDT · 1/1
Perp/spot vol.
0.00x
Spot volume $433.2M
OI / float
0.00%
Float $17.2B
Spot performance
1D-3.02%
5D-1.51%
1M-24.48%
6M-48.86%
YTD-50.77%
1Y-45.39%

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.ioTradeSUNGROW/USDTTrading$12.650.0% APR
0.000% every 8h
+2.4 bps-$32.9K$66.8KUSDT20x

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

-
No live data-

Tightest spread

SUNGROW

Highest volume

SUNGROW

Funding history

Stored venue snapshots by market

Company data

Company fundamentals

Updated 1h ago
Market cap
$26B
Updated 1h ago
Revenue
$11.4B
Trailing 12 months
Revenue growth
+2%
Next fiscal year
Profit margin
+14.3%
P/E
15.7
Peer P/E -5.8
Free cash flow
$2.2B
Trailing 12 months
More metrics
Net income
$1.6B
Trailing 12 months
P/S
2.3
Peer P/E
-5.8
Similar listed perps
Revenue estimate
$13.6B
Next fiscal year
Earnings
2026-10-23
Revenue est. $3.7B · Updated 1h ago
Dividend
¥0.64
2026-09-21

Fundamental detail

Annual + quarterly
Latest revenue$13.3B
Net margin+15.1%
Free cash flow$2.1B
Net debt-$2.5B
2020$2.9B
2021$3.6B
2022$6B
2023$10.7B
2024$11.6B
2025$13.3B
PeriodRevenueGrowthNet incomeFCF
2020$2.9B+48%$290.7M$316.5M
2021$3.6B+25%$235.4M-$491.5M
2022$6B+67%$534.5M-$47M
2023$10.7B+79%$1.4B$630.6M
2024$11.6B+8%$1.6B$1.4B
2025$13.3B+15%$2B$2.1B
PeriodGross marginOperating marginNet marginROEROA
2020+22.7%+11.2%+10.1%+18.7%+6.9%
2021+21.1%+7.9%+6.6%+10.1%+3.7%
2022+23.5%+10.3%+8.9%+19.2%+5.8%
2023+25.5%+15.9%+13.1%+34.1%+11.4%
2024+29.0%+17.4%+14.2%+29.9%+9.6%
2025+31.8%+18.3%+15.1%+28.9%+11.3%
PeriodCashDebtNet debtCurrent ratio
2020$1.1B$314.6M-$788.7M1.54
2021$1.2B$550.4M-$608.4M1.54
2022$1.7B$894.7M-$840.7M1.47
2023$2.7B$1.1B-$1.6B1.51
2024$2.9B$1.4B-$1.5B1.58
2025$3.4B$871.8M-$2.5B1.67
PeriodMarket capEnterprise valueP/SP/E
2020$11.2B$10.4B3.938.5
2021$22.7B$22.1B6.396.4
2022$17.6B$16.8B2.946.2
2023$13.5B$11.9B1.313.4
2024$22.8B$21.2B2.013.9
2025$52.3B$49.8B3.926.1
Q3 2024$2.8B
Q4 2024$4.2B
Q1 2025$2.8B
Q2 2025$3.6B
Q3 2025$3.4B
Q4 2025$3.4B
Q1 2026$2.3B
Q2 2026$2.3B
PeriodRevenueGrowthNet incomeFCF
Q3 2024$2.8B+6%$392.8M$378.1M
Q4 2024$4.2B+8%$511.2M$1.6B
Q1 2025$2.8B+51%$569.1M$139.2M
Q2 2025$3.6B+33%$581.4M$154.3M
Q3 2025$3.4B+21%$616.8M$874.9M
Q4 2025$3.4B-18%$235M$900.7M
Q1 2026$2.3B-18%$340.8M$101.9M
Q2 2026$2.3B-37%$441.4M$298.5M
PeriodGross marginOperating marginNet marginROEROA
Q3 2024+30.0%+16.3%+14.0%+7.7%+2.5%
Q4 2024+24.8%+16.2%+12.3%+9.3%+3.0%
Q1 2025+35.1%+24.0%+20.1%+9.4%+3.1%
Q2 2025+31.2%+19.6%+16.0%+9.2%+3.3%
Q3 2025+35.9%+21.7%+18.1%+9.2%+3.4%
Q4 2025+23.0%+7.5%+6.9%+3.4%+1.3%
Q1 2026+33.3%+16.5%+14.7%+4.7%+1.9%
Q2 2026+37.8%+18.5%+19.3%+5.9%+2.3%
PeriodCashDebtNet debtCurrent ratio
Q3 2024$2.6B$1.8B-$862M1.58
Q4 2024$2.9B$1.4B-$1.5B1.58
Q1 2025$3.8B$1.7B-$2.1B1.64
Q2 2025$3B$1.5B-$1.5B1.66
Q3 2025$3.6B$4.3B$755M1.67
Q4 2025$3.4B$871.8M-$2.5B1.67
Q1 2026$4.5B$4B-$495.5M1.66
Q2 2026$4.7B$4.5B-$149.5M1.64
PeriodMarket capEnterprise valueP/SP/E
Q3 2024$30.6B$29.7B10.919.4
Q4 2024$22.8B$21.2B5.511.1
Q1 2025$21.4B$19.3B7.59.4
Q2 2025$20.9B$19.4B5.79.0
Q3 2025$49.5B$50.2B14.520.0
Q4 2025$52.3B$49.8B15.455.5
Q1 2026$46B$45.5B19.933.7
Q2 2026$48.8B$48.6B21.427.6

Refreshed 1h ago

Charts: revenue, profit, cash flow & valuation
Revenue$2.3BQ2 2026
$1B$2.1B$3.1B$4.2BQ3 2023: $2.6BQ4 2023: $3.8BQ1 2024: $1.9BQ2 2024: $2.7BQ3 2024: $2.8BQ4 2024: $4.2BQ1 2025: $2.8BQ2 2025: $3.6BQ3 2025: $3.4BQ4 2025: $3.4BQ1 2026: $2.3BQ2 2026: $2.3BQ3 2023Q2 2026
Net income$441.4MQ2 2026
$154.2M$308.4M$462.6M$616.8MQ3 2023: $426.8MQ4 2023: $329.7MQ1 2024: $311.8MQ2 2024: $425.8MQ3 2024: $392.8MQ4 2024: $511.2MQ1 2025: $569.1MQ2 2025: $581.4MQ3 2025: $616.8MQ4 2025: $235MQ1 2026: $340.8MQ2 2026: $441.4MQ3 2023Q2 2026
EBITDA$473.9MQ2 2026
$195.5M$391.1M$586.6M$782.1MQ3 2023: $595.3MQ4 2023: $439.2MQ1 2024: $414.5MQ2 2024: $510.1MQ3 2024: $532.5MQ4 2024: $662.8MQ1 2025: $705.4MQ2 2025: $664.1MQ3 2025: $782.1MQ4 2025: $260.8MQ1 2026: $402.4MQ2 2026: $473.9MQ3 2023Q2 2026
Free cash flow$298.5MQ2 2026
$77.8M$573.1M$1.1B$1.6BQ3 2023: -$143.3MQ4 2023: $265.6MQ1 2024: -$143.6MQ2 2024: -$417.6MQ3 2024: $378.1MQ4 2024: $1.6BQ1 2025: $139.2MQ2 2025: $154.3MQ3 2025: $874.9MQ4 2025: $900.7MQ1 2026: $101.9MQ2 2026: $298.5MQ3 2023Q2 2026
EPS$0.21Q2 2026
$0.08$0.15$0.23$0.3Q3 2023: $0.21Q4 2023: $0.22Q1 2024: $0.15Q2 2024: $0.21Q3 2024: $0.19Q4 2024: $0.25Q1 2025: $0.28Q2 2025: $0.28Q3 2025: $0.3Q4 2025: $0.11Q1 2026: $0.17Q2 2026: $0.21Q3 2023Q2 2026
Cash / Debt$4.7BQ2 2026
$1.2B$2.3B$3.5B$4.7BQ3 2023 · Cash: $1.7BQ3 2023 · Debt: $1.3BQ4 2023 · Cash: $2.7BQ4 2023 · Debt: $1.1BQ1 2024 · Cash: $2.8BQ1 2024 · Debt: $1.3BQ2 2024 · Cash: $2.4BQ2 2024 · Debt: $1.7BQ3 2024 · Cash: $2.6BQ3 2024 · Debt: $1.8BQ4 2024 · Cash: $2.9BQ4 2024 · Debt: $1.4BQ1 2025 · Cash: $3.8BQ1 2025 · Debt: $1.7BQ2 2025 · Cash: $3BQ2 2025 · Debt: $1.5BQ3 2025 · Cash: $3.6BQ3 2025 · Debt: $4.3BQ4 2025 · Cash: $3.4BQ4 2025 · Debt: $871.8MQ1 2026 · Cash: $4.5BQ1 2026 · Debt: $4BQ2 2026 · Cash: $4.7BQ2 2026 · Debt: $4.5BQ3 2023Q2 2026
CashDebt
Profitability+37.8%Q2 2026
+9.4%+18.9%+28.3%+37.8%Q3 2023 · Gross margin: +32.0%Q4 2023 · Gross margin: +20.2%Q1 2024 · Gross margin: +33.6%Q2 2024 · Gross margin: +31.1%Q3 2024 · Gross margin: +30.0%Q4 2024 · Gross margin: +24.8%Q1 2025 · Gross margin: +35.1%Q2 2025 · Gross margin: +31.2%Q3 2025 · Gross margin: +35.9%Q4 2025 · Gross margin: +23.0%Q1 2026 · Gross margin: +33.3%Q2 2026 · Gross margin: +37.8%Q3 2023 · Operating margin: +18.6%Q4 2023 · Operating margin: +12.2%Q1 2024 · Operating margin: +19.8%Q2 2024 · Operating margin: +18.8%Q3 2024 · Operating margin: +16.3%Q4 2024 · Operating margin: +16.2%Q1 2025 · Operating margin: +24.0%Q2 2025 · Operating margin: +19.6%Q3 2025 · Operating margin: +21.7%Q4 2025 · Operating margin: +7.5%Q1 2026 · Operating margin: +16.5%Q2 2026 · Operating margin: +18.5%Q3 2023 · Net margin: +16.1%Q4 2023 · Net margin: +8.6%Q1 2024 · Net margin: +16.6%Q2 2024 · Net margin: +15.6%Q3 2024 · Net margin: +14.0%Q4 2024 · Net margin: +12.3%Q1 2025 · Net margin: +20.1%Q2 2025 · Net margin: +16.0%Q3 2025 · Net margin: +18.1%Q4 2025 · Net margin: +6.9%Q1 2026 · Net margin: +14.7%Q2 2026 · Net margin: +19.3%Q3 2023Q2 2026
Gross marginOperating marginNet margin
Revenue growth-37.3%Q2 2026
-15.3%+6.8%+28.9%+50.9%Q3 2024: +6.4%Q4 2024: +8.0%Q1 2025: +50.9%Q2 2025: +33.1%Q3 2025: +20.8%Q4 2025: -18.4%Q1 2026: -18.3%Q2 2026: -37.3%Q3 2023Q2 2026
Shares outstanding2.1BQ2 2026
518.3M1B1.6B2.1BQ3 2023: 1.5BQ4 2023: 1.5BQ1 2024: 1.5BQ2 2024: 2.1BQ3 2024: 2.1BQ4 2024: 2.1BQ1 2025: 2.1BQ2 2025: 2.1BQ3 2025: 2.1BQ4 2025: 2.1BQ1 2026: 2.1BQ2 2026: 2.1BQ3 2023Q2 2026
Valuation27.6Q2 2026
13.927.841.655.5Q3 2023 · P/E: 11.6Q4 2023 · P/E: 10.2Q1 2024 · P/E: 19.3Q2 2024 · P/E: 11.4Q3 2024 · P/E: 19.4Q4 2024 · P/E: 11.1Q1 2025 · P/E: 9.4Q2 2025 · P/E: 9.0Q3 2025 · P/E: 20.0Q4 2025 · P/E: 55.5Q1 2026 · P/E: 33.7Q2 2026 · P/E: 27.6Q3 2023 · P/S: 5.3Q4 2023 · P/S: 3.5Q1 2024 · P/S: 9.2Q2 2024 · P/S: 7.1Q3 2024 · P/S: 10.9Q4 2024 · P/S: 5.5Q1 2025 · P/S: 7.5Q2 2025 · P/S: 5.7Q3 2025 · P/S: 14.5Q4 2025 · P/S: 15.4Q1 2026 · P/S: 19.9Q2 2026 · P/S: 21.4Q3 2023Q2 2026
P/EP/S
Revenue$13.3B2025
$3.3B$6.6B$9.9B$13.3B2018: $1.5B2019: $1.9B2020: $2.9B2021: $3.6B2022: $6B2023: $10.7B2024: $11.6B2025: $13.3B20182025
Net income$2B2025
$500.6M$1B$1.5B$2B2018: $120.4M2019: $132.8M2020: $290.7M2021: $235.4M2022: $534.5M2023: $1.4B2024: $1.6B2025: $2B20182025
EBITDA$2.6B2025
$660.8M$1.3B$2B$2.6B2018: $141.9M2019: $188.6M2020: $362.6M2021: $291M2022: $584.1M2023: $1.8B2024: $2.1B2025: $2.6B20182025
Free cash flow$2.1B2025
$148.6M$788.8M$1.4B$2.1B2018: -$98M2019: $267.3M2020: $316.5M2021: -$491.5M2022: -$47M2023: $630.6M2024: $1.4B2025: $2.1B20182025
EPS$0.972025
$0.24$0.49$0.73$0.972018: $0.082019: $0.092020: $0.22021: $0.162022: $0.262023: $0.682024: $0.792025: $0.9720182025
Cash / Debt$3.4B2025
$849M$1.7B$2.5B$3.4B2018 · Cash: $472.4M2018 · Debt: $249.9M2019 · Cash: $663M2019 · Debt: $287M2020 · Cash: $1.1B2020 · Debt: $314.6M2021 · Cash: $1.2B2021 · Debt: $550.4M2022 · Cash: $1.7B2022 · Debt: $894.7M2023 · Cash: $2.7B2023 · Debt: $1.1B2024 · Cash: $2.9B2024 · Debt: $1.4B2025 · Cash: $3.4B2025 · Debt: $871.8M20182025
CashDebt
Profitability+31.8%2025
+8.0%+15.9%+23.9%+31.8%2018 · Gross margin: +24.4%2019 · Gross margin: +23.4%2020 · Gross margin: +22.7%2021 · Gross margin: +21.1%2022 · Gross margin: +23.5%2023 · Gross margin: +25.5%2024 · Gross margin: +29.0%2025 · Gross margin: +31.8%2018 · Operating margin: +8.8%2019 · Operating margin: +8.1%2020 · Operating margin: +11.2%2021 · Operating margin: +7.9%2022 · Operating margin: +10.3%2023 · Operating margin: +15.9%2024 · Operating margin: +17.4%2025 · Operating margin: +18.3%2018 · Net margin: +7.8%2019 · Net margin: +6.9%2020 · Net margin: +10.1%2021 · Net margin: +6.6%2022 · Net margin: +8.9%2023 · Net margin: +13.1%2024 · Net margin: +14.2%2025 · Net margin: +15.1%20182025
Gross marginOperating marginNet margin
Revenue growth+14.5%2025
+19.9%+39.7%+59.6%+79.5%2019: +25.4%2020: +48.3%2021: +25.2%2022: +66.8%2023: +79.5%2024: +7.8%2025: +14.5%20182025
Shares outstanding2.1B2025
518.6M1B1.6B2.1B2018: 1.4B2019: 1.5B2020: 1.5B2021: 1.5B2022: 1.5B2023: 1.5B2024: 2.1B2025: 2.1B20182025
Valuation26.12025
24.148.272.396.42018 · P/E: 11.12019 · P/E: 12.32020 · P/E: 38.52021 · P/E: 96.42022 · P/E: 46.22023 · P/E: 13.42024 · P/E: 13.92025 · P/E: 26.12018 · P/S: 0.92019 · P/S: 0.82020 · P/S: 3.92021 · P/S: 6.32022 · P/S: 2.92023 · P/S: 1.32024 · P/S: 2.02025 · P/S: 3.920182025
P/EP/S

Next catalyst

Catalysts

Earnings
2026-10-23
Revenue est. $3.7B · Updated 1h ago
Dividend
¥0.64
2026-09-21

No unusual perp activity right now.

Research data

Analysts, filings and peer context

Estimates

6
DateEPS estimateRevenue estimateGrowthAnalysts
FY 20266.41$13.6B+2%13
FY 20277.97$16.5B+24%13
FY 20289.55$19.4B+46%17
FY 202910.43$20.7B+56%12
FY 203011.52$22.6B+70%7
Q2 20261.69$2.8B-22%1

Company events

6
2026-10-23EarningsActual - / Estimate 1.62-
2026-09-21Dividend¥0.64-
2026-08-28EarningsActual 1.42 / Estimate 1.67Miss
2026-04-28EarningsActual 1.1 / Estimate 1.33Miss
2026-03-31EarningsActual 0.75 / Estimate 2.01Miss
2025-10-29EarningsActual 2 / Estimate 1.67Beat

Peer comparison

Similar listed perps

Analyst track record

How the analysts covering SUNGROW 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 SUNGROW perpetual futures?

Sungrow Power Supply Co., Ltd. (SUNGROW) 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 SUNGROW around the clock?

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

What is the funding rate on SUNGROW perpetuals?

Right now the SUNGROW 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 SUNGROW perp price compare to the Sungrow Power Supply Co., Ltd. stock?

The venue-median SUNGROW perp mark is $12.6 versus a reference stock price of $12.6, 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 SUNGROW perpetual future?

A SUNGROW perpetual is a derivative that tracks the price of Sungrow Power Supply Co., Ltd. with no expiry date. It lets you take long or short exposure to Sungrow Power Supply Co., Ltd. on crypto venues, around the clock.

What is SUNGROWUSDT perpetual?

SUNGROWUSDT is the symbol most crypto exchanges use for the Sungrow Power Supply Co., Ltd. perpetual settled in USDT (Tether). It tracks the SUNGROW share price through an index, trades 24/7 with leverage and never expires.

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