PerpEquities

Equity · Technology

Shengyi Technology Co., Ltd. (SYTECH) perpetual futures

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

Shengyi Technology Co., Ltd. tracked across crypto venues with normalized contract specifications.

$20.45-4.3%
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Price chart

 

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Collecting venue price data...
venue perp mark · Gate.io (SYTECH/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
$2.8K
Open interest
$37.9K
Best liquidity
-
Tightest spread
+23.0 bps
Gate.io
Highest volume
$2.8K
Gate.io
Settlement mix
USDT · 1/1
Perp/spot vol.
0.00x
Spot volume $891.7M
OI / float
0.00%
Float $49.7B
Spot performance
1D-4.34%
5D-7.83%
1M+8.73%
6M+141.44%
YTD+92.31%
1Y+143.93%

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.ioTradeSYTECH/USDTTrading$20.450.0% APR
0.000% every 8h
+23.0 bps-$2.8K$37.9KUSDT20x

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

SYTECH

Highest volume

SYTECH

Funding history

Stored venue snapshots by market

Company data

Company fundamentals

Updated 1h ago
Market cap
$49.6B
Updated 1h ago
Revenue
$5.2B
Trailing 12 months
Revenue growth
+58%
Next fiscal year
Profit margin
+14.9%
P/E
63.3
Peer P/E 33.4
Free cash flow
$455.1M
Trailing 12 months
More metrics
Net income
$772.7M
Trailing 12 months
P/S
9.6
Peer P/E
33.4
Similar listed perps
Revenue estimate
$6.7B
Next fiscal year
Earnings
2026-10-23
Revenue est. $1.9B · Updated 1h ago
Dividend
¥0.8
2026-06-05

Fundamental detail

Annual + quarterly
Latest revenue$4.2B
Net margin+11.7%
Free cash flow$431.1M
Net debt$754.3M
2020$2.2B
2021$3B
2022$2.7B
2023$2.5B
2024$3B
2025$4.2B
PeriodRevenueGrowthNet incomeFCF
2020$2.2B+11%$250M-$456K
2021$3B+38%$420.9M-$1.7M
2022$2.7B-11%$227.7M$191.3M
2023$2.5B-8%$173.1M$243.1M
2024$3B+23%$258.6M$78.9M
2025$4.2B+39%$495.9M$431.1M
PeriodGross marginOperating marginNet marginROEROA
2020+26.3%+14.2%+11.4%+17.0%+9.2%
2021+26.5%+16.4%+14.0%+21.6%+11.6%
2022+21.5%+9.9%+8.5%+11.3%+6.1%
2023+18.7%+7.7%+7.0%+8.3%+4.7%
2024+21.7%+10.2%+8.5%+11.7%+6.3%
2025+15.6%+15.6%+11.7%+19.9%+10.2%
PeriodCashDebtNet debtCurrent ratio
2020$126.4M$518.7M$392.2M1.43
2021$340.1M$592.4M$252.3M2.03
2022$462M$715.1M$253.1M1.93
2023$412.7M$415.2M$325.9M1.92
2024$299.9M$360.9M$61.1M1.69
2025$259.4M$1B$754.3M1.61
PeriodMarket capEnterprise valueP/SP/E
2020$9.8B$10.2B4.538.1
2021$8.2B$8.4B2.719.1
2022$5B$5.3B1.921.8
2023$6.3B$6.3B2.635.8
2024$8.5B$8.6B2.832.5
2025$25.5B$26.2B6.051.4
Q3 2024$760.9M
Q4 2024$839.5M
Q1 2025$834.7M
Q2 2025$1.1B
Q3 2025$1.2B
Q4 2025$1.2B
Q1 2026$1.2B
Q2 2026$1.6B
PeriodRevenueGrowthNet incomeFCF
Q3 2024$760.9M+15%$65.4M$3.4M
Q4 2024$839.5M+33%$54.5M$14M
Q1 2025$834.7M+27%$83.8M-$18.5M
Q2 2025$1.1B+36%$128.3M$164.4M
Q3 2025$1.2B+55%$151.2M$74.5M
Q4 2025$1.2B+39%$132.5M$211.6M
Q1 2026$1.2B+45%$172.3M-$41.4M
Q2 2026$1.6B+54%$316.7M$210.4M
PeriodGross marginOperating marginNet marginROEROA
Q3 2024+23.3%+10.3%+8.6%+3.1%+1.7%
Q4 2024+21.0%+8.0%+6.5%+2.5%+1.3%
Q1 2025+24.6%+12.8%+10.0%+3.6%+2.0%
Q2 2025+26.2%+15.9%+12.2%+5.7%+2.9%
Q3 2025+28.8%+17.6%+12.8%+6.5%+3.2%
Q4 2025-13.8%+15.3%+11.4%+5.3%+2.7%
Q1 2026+28.1%+17.5%+14.2%+6.5%+3.2%
Q2 2026+32.6%+24.7%+19.6%+11.5%+5.0%
PeriodCashDebtNet debtCurrent ratio
Q3 2024$277.2M$730.5M$453.3M1.64
Q4 2024$299.9M$360.9M$61.1M1.69
Q1 2025$246.1M$409.9M$163.8M1.78
Q2 2025$253.5M$542.1M$288.6M1.63
Q3 2025$261.2M$1B$766.4M1.55
Q4 2025$259.4M$1B$754.3M1.61
Q1 2026$362.9M$1.2B$840.9M1.82
Q2 2026$297.1M$1.8B$1.5B1.52
PeriodMarket capEnterprise valueP/SP/E
Q3 2024$7.5B$8B9.928.9
Q4 2024$8.7B$8.8B10.440.1
Q1 2025$9.5B$9.7B11.428.3
Q2 2025$11.2B$11.4B10.621.5
Q3 2025$19.5B$20.2B16.532.2
Q4 2025$24.8B$25.6B21.447.0
Q1 2026$19.3B$20.1B15.928.2
Q2 2026$61.8B$63.2B38.148.7

Refreshed 1h ago

Charts: revenue, profit, cash flow & valuation
Revenue$1.6BQ2 2026
$404.8M$809.5M$1.2B$1.6BQ3 2023: $664.4MQ4 2023: $630.5MQ1 2024: $658MQ2 2024: $774.4MQ3 2024: $760.9MQ4 2024: $839.5MQ1 2025: $834.7MQ2 2025: $1.1BQ3 2025: $1.2BQ4 2025: $1.2BQ1 2026: $1.2BQ2 2026: $1.6BQ3 2023Q2 2026
Net income$316.7MQ2 2026
$79.2M$158.3M$237.5M$316.7MQ3 2023: $51.2MQ4 2023: $39.4MQ1 2024: $58.3MQ2 2024: $80.4MQ3 2024: $65.4MQ4 2024: $54.5MQ1 2025: $83.8MQ2 2025: $128.3MQ3 2025: $151.2MQ4 2025: $132.5MQ1 2026: $172.3MQ2 2026: $316.7MQ3 2023Q2 2026
EBITDA$383.5MQ2 2026
$95.9M$191.8M$287.6M$383.5MQ3 2023: $88.3MQ4 2023: $80.6MQ1 2024: $103MQ2 2024: $130.6MQ3 2024: $113.3MQ4 2024: $103.7MQ1 2025: $142.9MQ2 2025: $203.3MQ3 2025: $243.2MQ4 2025: $194.2MQ1 2026: $232.6MQ2 2026: $383.5MQ3 2023Q2 2026
Free cash flow$210.4MQ2 2026
$21.8M$85.1M$148.4M$211.6MQ3 2023: $93.2MQ4 2023: $41MQ1 2024: -$37.1MQ2 2024: $101.5MQ3 2024: $3.4MQ4 2024: $14MQ1 2025: -$18.5MQ2 2025: $164.4MQ3 2025: $74.5MQ4 2025: $211.6MQ1 2026: -$41.4MQ2 2026: $210.4MQ3 2023Q2 2026
EPS$0.13Q2 2026
$0.03$0.07$0.1$0.13Q3 2023: $0.02Q4 2023: $0.02Q1 2024: $0.03Q2 2024: $0.03Q3 2024: $0.03Q4 2024: $0.02Q1 2025: $0.04Q2 2025: $0.05Q3 2025: $0.06Q4 2025: $0.06Q1 2026: $0.07Q2 2026: $0.13Q3 2023Q2 2026
Cash / Debt$297.1MQ2 2026
$437.5M$875M$1.3B$1.8BQ3 2023 · Cash: $456.7MQ3 2023 · Debt: $661.8MQ4 2023 · Cash: $412.7MQ4 2023 · Debt: $738.6MQ1 2024 · Cash: $304.7MQ1 2024 · Debt: $711.1MQ2 2024 · Cash: $267.1MQ2 2024 · Debt: $753.6MQ3 2024 · Cash: $277.2MQ3 2024 · Debt: $730.5MQ4 2024 · Cash: $299.9MQ4 2024 · Debt: $360.9MQ1 2025 · Cash: $246.1MQ1 2025 · Debt: $409.9MQ2 2025 · Cash: $253.5MQ2 2025 · Debt: $542.1MQ3 2025 · Cash: $261.2MQ3 2025 · Debt: $1BQ4 2025 · Cash: $259.4MQ4 2025 · Debt: $1BQ1 2026 · Cash: $362.9MQ1 2026 · Debt: $1.2BQ2 2026 · Cash: $297.1MQ2 2026 · Debt: $1.8BQ3 2023Q2 2026
CashDebt
Profitability+32.6%Q2 2026
-2.2%+9.4%+21.0%+32.6%Q3 2023 · Gross margin: +21.0%Q4 2023 · Gross margin: +16.1%Q1 2024 · Gross margin: +21.3%Q2 2024 · Gross margin: +21.2%Q3 2024 · Gross margin: +23.3%Q4 2024 · Gross margin: +21.0%Q1 2025 · Gross margin: +24.6%Q2 2025 · Gross margin: +26.2%Q3 2025 · Gross margin: +28.8%Q4 2025 · Gross margin: -13.8%Q1 2026 · Gross margin: +28.1%Q2 2026 · Gross margin: +32.6%Q3 2023 · Operating margin: +8.4%Q4 2023 · Operating margin: +7.1%Q1 2024 · Operating margin: +10.3%Q2 2024 · Operating margin: +12.2%Q3 2024 · Operating margin: +10.3%Q4 2024 · Operating margin: +8.0%Q1 2025 · Operating margin: +12.8%Q2 2025 · Operating margin: +15.9%Q3 2025 · Operating margin: +17.6%Q4 2025 · Operating margin: +15.3%Q1 2026 · Operating margin: +17.5%Q2 2026 · Operating margin: +24.7%Q3 2023 · Net margin: +7.7%Q4 2023 · Net margin: +6.3%Q1 2024 · Net margin: +8.9%Q2 2024 · Net margin: +10.4%Q3 2024 · Net margin: +8.6%Q4 2024 · Net margin: +6.5%Q1 2025 · Net margin: +10.0%Q2 2025 · Net margin: +12.2%Q3 2025 · Net margin: +12.8%Q4 2025 · Net margin: +11.4%Q1 2026 · Net margin: +14.2%Q2 2026 · Net margin: +19.6%Q3 2023Q2 2026
Gross marginOperating marginNet margin
Revenue growth+54.0%Q2 2026
+13.8%+27.5%+41.3%+55.1%Q3 2024: +14.5%Q4 2024: +33.1%Q1 2025: +26.9%Q2 2025: +35.8%Q3 2025: +55.1%Q4 2025: +38.5%Q1 2026: +45.1%Q2 2026: +54.0%Q3 2023Q2 2026
Shares outstanding2.4BQ2 2026
621.8M1.2B1.9B2.5BQ3 2023: 2.5BQ4 2023: 2.4BQ1 2024: 2.3BQ2 2024: 2.5BQ3 2024: 2.4BQ4 2024: 2.4BQ1 2025: 2.3BQ2 2025: 2.5BQ3 2025: 2.4BQ4 2025: 2.3BQ1 2026: 2.4BQ2 2026: 2.4BQ3 2023Q2 2026
Valuation48.7Q2 2026
12.224.436.548.7Q3 2023 · P/E: 27.4Q4 2023 · P/E: 40.7Q1 2024 · P/E: 26.0Q2 2024 · P/E: 22.9Q3 2024 · P/E: 28.9Q4 2024 · P/E: 40.1Q1 2025 · P/E: 28.3Q2 2025 · P/E: 21.5Q3 2025 · P/E: 32.2Q4 2025 · P/E: 47.0Q1 2026 · P/E: 28.2Q2 2026 · P/E: 48.7Q3 2023 · P/S: 8.5Q4 2023 · P/S: 10.2Q1 2024 · P/S: 9.2Q2 2024 · P/S: 9.6Q3 2024 · P/S: 9.9Q4 2024 · P/S: 10.4Q1 2025 · P/S: 11.4Q2 2025 · P/S: 10.6Q3 2025 · P/S: 16.5Q4 2025 · P/S: 21.4Q1 2026 · P/S: 15.9Q2 2026 · P/S: 38.1Q3 2023Q2 2026
P/EP/S
Revenue$4.2B2025
$1.1B$2.1B$3.2B$4.2B2018: $1.8B2019: $2B2020: $2.2B2021: $3B2022: $2.7B2023: $2.5B2024: $3B2025: $4.2B20182025
Net income$495.9M2025
$124M$248M$372M$495.9M2018: $148.8M2019: $215.5M2020: $250M2021: $420.9M2022: $227.7M2023: $173.1M2024: $258.6M2025: $495.9M20182025
EBITDA$783.6M2025
$195.9M$391.8M$587.7M$783.6M2018: $262.6M2019: $351.9M2020: $407.5M2021: $611.3M2022: $396.4M2023: $336.4M2024: $452.6M2025: $783.6M20182025
Free cash flow$431.1M2025
$106.5M$214.7M$322.9M$431.1M2018: $9.6M2019: $16.6M2020: -$456K2021: -$1.7M2022: $191.3M2023: $243.1M2024: $78.9M2025: $431.1M20182025
EPS$0.212025
$0.05$0.1$0.16$0.212018: $0.072019: $0.12020: $0.112021: $0.182022: $0.12023: $0.072024: $0.112025: $0.2120182025
Cash / Debt$259.4M2025
$253.4M$506.9M$760.3M$1B2018 · Cash: $167.4M2018 · Debt: $515.7M2019 · Cash: $158M2019 · Debt: $396.7M2020 · Cash: $126.4M2020 · Debt: $518.7M2021 · Cash: $340.1M2021 · Debt: $592.4M2022 · Cash: $462M2022 · Debt: $715.1M2023 · Cash: $412.7M2023 · Debt: $415.2M2024 · Cash: $299.9M2024 · Debt: $360.9M2025 · Cash: $259.4M2025 · Debt: $1B20182025
CashDebt
Profitability+15.6%2025
+6.6%+13.3%+19.9%+26.5%2018 · Gross margin: +21.9%2019 · Gross margin: +26.4%2020 · Gross margin: +26.3%2021 · Gross margin: +26.5%2022 · Gross margin: +21.5%2023 · Gross margin: +18.7%2024 · Gross margin: +21.7%2025 · Gross margin: +15.6%2018 · Operating margin: +10.3%2019 · Operating margin: +13.6%2020 · Operating margin: +14.2%2021 · Operating margin: +16.4%2022 · Operating margin: +9.9%2023 · Operating margin: +7.7%2024 · Operating margin: +10.2%2025 · Operating margin: +15.6%2018 · Net margin: +8.4%2019 · Net margin: +10.9%2020 · Net margin: +11.4%2021 · Net margin: +14.0%2022 · Net margin: +8.5%2023 · Net margin: +7.0%2024 · Net margin: +8.5%2025 · Net margin: +11.7%20182025
Gross marginOperating marginNet margin
Revenue growth+39.4%2025
+1.5%+14.2%+26.8%+39.4%2019: +10.5%2020: +10.9%2021: +38.0%2022: -11.1%2023: -7.9%2024: +22.9%2025: +39.4%20182025
Shares outstanding2.4B2025
599.6M1.2B1.8B2.4B2018: 2.1B2019: 2.2B2020: 2.3B2021: 2.3B2022: 2.4B2023: 2.4B2024: 2.4B2025: 2.4B20182025
Valuation51.42025
12.825.738.551.42018 · P/E: 21.32019 · P/E: 31.72020 · P/E: 38.12021 · P/E: 19.12022 · P/E: 21.82023 · P/E: 35.82024 · P/E: 32.52025 · P/E: 51.42018 · P/S: 1.82019 · P/S: 3.52020 · P/S: 4.52021 · P/S: 2.72022 · P/S: 1.92023 · P/S: 2.62024 · P/S: 2.82025 · P/S: 6.020182025
P/EP/S

Next catalyst

Catalysts

Earnings
2026-10-23
Revenue est. $1.9B · Updated 1h ago
Dividend
¥0.8
2026-06-05

No unusual perp activity right now.

Research data

Analysts, filings and peer context

Estimates

6
DateEPS estimateRevenue estimateGrowthAnalysts
FY 20262.96$6.7B+58%6
FY 20274.52$9.6B+127%8
FY 20286.58$12.9B+205%13
FY 20298.77$15.8B+273%10
FY 203010.73$19.1B+351%5
Q2 20260.81$1.7B+64%4

Company events

6
2026-10-23EarningsActual - / Estimate 0.84-
2026-08-17EarningsActual 0.87 / Estimate 0.8Beat
2026-06-05Dividend¥0.8-
2026-04-28EarningsActual 0.48 / Estimate 0.44Beat
2026-04-27EarningsActual 0.37 / Estimate 0.39Miss
2025-10-28EarningsActual 0.42 / Estimate 0.41Beat

Peer comparison

Similar listed perps

Analyst track record

How the analysts covering SYTECH 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 SYTECH perpetual futures?

Shengyi Technology Co., Ltd. (SYTECH) 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 SYTECH around the clock?

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

What is the funding rate on SYTECH perpetuals?

Right now the SYTECH 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 SYTECH perp price compare to the Shengyi Technology Co., Ltd. stock?

The venue-median SYTECH perp mark is $20.5 versus a reference stock price of $20.5, 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 SYTECH perpetual future?

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

What is SYTECHUSDT perpetual?

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

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