PerpEquities

Equity · Technology

Tongfu Microelectronics Co., Ltd. (TFME) perpetual futures

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

Tongfu Microelectronics Co., Ltd. tracked across crypto venues with normalized contract specifications.

$9.13-2.8%
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Price chart

 

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Collecting venue price data...
venue perp mark · Gate.io (TFME/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
$7.4K
Open interest
$19.2K
Best liquidity
-
Tightest spread
+132.4 bps
Gate.io
Highest volume
$7.4K
Gate.io
Settlement mix
USDT · 1/1
Perp/spot vol.
0.00x
Spot volume $422.7M
OI / float
0.00%
Float $10.2B
Spot performance
1D-2.83%
5D+2.21%
1M-0.36%
6M+45.01%
YTD+61.86%
1Y+61.77%

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.ioTradeTFME/USDTTrading$9.130.0% APR
0.000% every 8h
+132.4 bps-$7.4K$19.2KUSDT20x

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

TFME

Highest volume

TFME

Funding history

Stored venue snapshots by market

Company data

Company fundamentals

Updated 1h ago
Market cap
$13.8B
Updated 1h ago
Revenue
$4.6B
Trailing 12 months
Revenue growth
+22%
Next fiscal year
Profit margin
+8.2%
P/E
36.8
Peer P/E 22.9
Free cash flow
-$136.4M
Trailing 12 months
More metrics
Net income
$375.5M
Trailing 12 months
P/S
3.0
Peer P/E
22.9
Similar listed perps
Revenue estimate
$5.1B
Next fiscal year
Earnings
2026-11-03
Revenue est. $1.2B · Updated 1h ago
Dividend
¥0.081
2026-05-28

Fundamental detail

Annual + quarterly
Latest revenue$4.2B
Net margin+4.4%
Free cash flow$118.8M
Net debt$1.2B
2020$1.6B
2021$2.4B
2022$3.2B
2023$3.3B
2024$3.6B
2025$4.2B
PeriodRevenueGrowthNet incomeFCF
2020$1.6B+30%$50.3M-$135.2M
2021$2.4B+47%$142.3M-$525.7M
2022$3.2B+36%$74.6M-$584.2M
2023$3.3B+4%$25.2M-$123.8M
2024$3.6B+7%$100.8M-$100.6M
2025$4.2B+17%$181.3M$118.8M
PeriodGross marginOperating marginNet marginROEROA
2020+15.3%+3.4%+3.1%+3.5%+1.6%
2021+16.9%+6.0%+6.1%+9.2%+3.5%
2022+13.8%+2.2%+2.3%+3.6%+1.4%
2023+11.6%+1.1%+0.8%+1.2%+0.5%
2024+14.6%+4.4%+2.8%+4.6%+1.7%
2025+14.6%+6.3%+4.4%+7.9%+2.6%
PeriodCashDebtNet debtCurrent ratio
2020$613M$894.4M$281.4M1.23
2021$621.9M$1.2B$548.4M0.89
2022$631M$1.5B$897.4M0.96
2023$664.6M$1.5B$802.5M0.94
2024$629.5M$1.5B$878.4M0.91
2025$804.8M$2B$1.2B0.82
PeriodMarket capEnterprise valueP/SP/E
2020$5B$5.2B3.197.1
2021$3.8B$4.4B1.627.0
2022$3.3B$4.2B1.044.5
2023$5.3B$6.1B1.6209.1
2024$6.7B$7.5B1.965.7
2025$8.5B$9.7B2.047.1
Q3 2024$892.7M
Q4 2024$1B
Q1 2025$906.3M
Q2 2025$1B
Q3 2025$1.1B
Q4 2025$1.2B
Q1 2026$1.1B
Q2 2026$1.3B
PeriodRevenueGrowthNet incomeFCF
Q3 2024$892.7M0%$34.2M$1.3M
Q4 2024$1B+7%$18.6M-$82.4M
Q1 2025$906.3M+15%$15.1M$35M
Q2 2025$1B+20%$46.2M-$119.6M
Q3 2025$1.1B+18%$66.7M$237.8M
Q4 2025$1.2B+15%$53.3M-$40.8M
Q1 2026$1.1B+23%$48.9M-$226.9M
Q2 2026$1.3B+23%$206.5M-$106.5M
PeriodGross marginOperating marginNet marginROEROA
Q3 2024+14.9%+5.5%+3.8%+1.6%+0.6%
Q4 2024+15.4%+4.5%+1.8%+0.9%+0.3%
Q1 2025+13.2%+3.4%+1.7%+0.7%+0.3%
Q2 2025+15.5%+6.2%+4.5%+2.1%+0.7%
Q3 2025+16.2%+7.7%+6.3%+3.0%+1.0%
Q4 2025+12.9%+6.8%+4.6%+2.3%+0.8%
Q1 2026+13.3%+6.3%+4.4%+2.1%+0.7%
Q2 2026+16.1%+9.3%+16.2%+8.2%+2.7%
PeriodCashDebtNet debtCurrent ratio
Q3 2024$770.8M$1.5B$747.5M1.03
Q4 2024$629.5M$1.5B$878.4M0.91
Q1 2025$627.8M$1.6B$1B0.88
Q2 2025$671.3M$1.9B$1.2B0.95
Q3 2025$839.1M$2.8B$2B0.91
Q4 2025$804.8M$2B$1.2B0.82
Q1 2026$718.2M$1.9B$1.2B0.74
Q2 2026$717.1M$3.1B$2.4B0.76
PeriodMarket capEnterprise valueP/SP/E
Q3 2024$5.2B$5.9B5.838.2
Q4 2024$6.7B$7.5B6.690.1
Q1 2025$6B$7.1B6.7100.2
Q2 2025$5.8B$7B5.632.0
Q3 2025$9.1B$11B8.633.5
Q4 2025$8.5B$9.7B7.341.0
Q1 2026$9.3B$10.5B8.447.0
Q2 2026$17.1B$19.5B13.520.8

Refreshed 1h ago

Charts: revenue, profit, cash flow & valuation
Revenue$1.3BQ2 2026
$318.3M$636.6M$954.9M$1.3BQ3 2023: $892.3MQ4 2023: $946.4MQ1 2024: $785.7MQ2 2024: $862.5MQ3 2024: $892.7MQ4 2024: $1BQ1 2025: $906.3MQ2 2025: $1BQ3 2025: $1.1BQ4 2025: $1.2BQ1 2026: $1.1BQ2 2026: $1.3BQ3 2023Q2 2026
Net income$206.5MQ2 2026
$51.6M$103.3M$154.9M$206.5MQ3 2023: $18.4MQ4 2023: $34.7MQ1 2024: $14.7MQ2 2024: $33.3MQ3 2024: $34.2MQ4 2024: $18.6MQ1 2025: $15.1MQ2 2025: $46.2MQ3 2025: $66.7MQ4 2025: $53.3MQ1 2026: $48.9MQ2 2026: $206.5MQ3 2023Q2 2026
EBITDA$287.1MQ2 2026
$71.8M$143.6M$215.4M$287.1MQ3 2023: $168.3MQ4 2023: $185.1MQ1 2024: $168.7MQ2 2024: $175.5MQ3 2024: $205.9MQ4 2024: $161.2MQ1 2025: $164.8MQ2 2025: $202.4MQ3 2025: $240.1MQ4 2025: $237.5MQ1 2026: $89MQ2 2026: $287.1MQ3 2023Q2 2026
Free cash flow-$106.5MQ2 2026
-$110.7M$5.5M$121.7M$237.8MQ3 2023: $54.6MQ4 2023: $40.3MQ1 2024: -$15.2MQ2 2024: -$4.2MQ3 2024: $1.3MQ4 2024: -$82.4MQ1 2025: $35MQ2 2025: -$119.6MQ3 2025: $237.8MQ4 2025: -$40.8MQ1 2026: -$226.9MQ2 2026: -$106.5MQ3 2023Q2 2026
EPS$0.14Q2 2026
$0.03$0.07$0.1$0.14Q3 2023: $0.01Q4 2023: $0.02Q1 2024: $0.01Q2 2024: $0.02Q3 2024: $0.02Q4 2024: $0.01Q1 2025: $0.01Q2 2025: $0.03Q3 2025: $0.04Q4 2025: $0.03Q1 2026: $0.03Q2 2026: $0.14Q3 2023Q2 2026
Cash / Debt$717.1MQ2 2026
$781.8M$1.6B$2.3B$3.1BQ3 2023 · Cash: $626.4MQ3 2023 · Debt: $1.6BQ4 2023 · Cash: $664.6MQ4 2023 · Debt: $1.5BQ1 2024 · Cash: $665.9MQ1 2024 · Debt: $1.5BQ2 2024 · Cash: $665.2MQ2 2024 · Debt: $1.4BQ3 2024 · Cash: $770.8MQ3 2024 · Debt: $1.5BQ4 2024 · Cash: $629.5MQ4 2024 · Debt: $1.5BQ1 2025 · Cash: $627.8MQ1 2025 · Debt: $1.6BQ2 2025 · Cash: $671.3MQ2 2025 · Debt: $1.9BQ3 2025 · Cash: $839.1MQ3 2025 · Debt: $2.8BQ4 2025 · Cash: $804.8MQ4 2025 · Debt: $2BQ1 2026 · Cash: $718.2MQ1 2026 · Debt: $1.9BQ2 2026 · Cash: $717.1MQ2 2026 · Debt: $3.1BQ3 2023Q2 2026
CashDebt
Profitability+16.1%Q2 2026
+4.1%+8.1%+12.2%+16.2%Q3 2023 · Gross margin: +12.9%Q4 2023 · Gross margin: +12.3%Q1 2024 · Gross margin: +12.1%Q2 2024 · Gross margin: +15.7%Q3 2024 · Gross margin: +14.9%Q4 2024 · Gross margin: +15.4%Q1 2025 · Gross margin: +13.2%Q2 2025 · Gross margin: +15.5%Q3 2025 · Gross margin: +16.2%Q4 2025 · Gross margin: +12.9%Q1 2026 · Gross margin: +13.3%Q2 2026 · Gross margin: +16.1%Q3 2023 · Operating margin: +2.9%Q4 2023 · Operating margin: +6.1%Q1 2024 · Operating margin: +2.4%Q2 2024 · Operating margin: +5.0%Q3 2024 · Operating margin: +5.5%Q4 2024 · Operating margin: +4.5%Q1 2025 · Operating margin: +3.4%Q2 2025 · Operating margin: +6.2%Q3 2025 · Operating margin: +7.7%Q4 2025 · Operating margin: +6.8%Q1 2026 · Operating margin: +6.3%Q2 2026 · Operating margin: +9.3%Q3 2023 · Net margin: +2.1%Q4 2023 · Net margin: +3.7%Q1 2024 · Net margin: +1.9%Q2 2024 · Net margin: +3.9%Q3 2024 · Net margin: +3.8%Q4 2024 · Net margin: +1.8%Q1 2025 · Net margin: +1.7%Q2 2025 · Net margin: +4.5%Q3 2025 · Net margin: +6.3%Q4 2025 · Net margin: +4.6%Q1 2026 · Net margin: +4.4%Q2 2026 · Net margin: +16.2%Q3 2023Q2 2026
Gross marginOperating marginNet margin
Revenue growth+23.2%Q2 2026
+5.8%+11.6%+17.4%+23.2%Q3 2024: 0.0%Q4 2024: +6.9%Q1 2025: +15.3%Q2 2025: +19.8%Q3 2025: +17.9%Q4 2025: +14.8%Q1 2026: +22.8%Q2 2026: +23.2%Q3 2023Q2 2026
Shares outstanding1.5BQ2 2026
379.5M758.9M1.1B1.5BQ3 2023: 1.5BQ4 2023: 1.5BQ1 2024: 1.5BQ2 2024: 1.5BQ3 2024: 1.5BQ4 2024: 1.5BQ1 2025: 1.5BQ2 2025: 1.5BQ3 2025: 1.5BQ4 2025: 1.5BQ1 2026: 1.5BQ2 2026: 1.5BQ3 2023Q2 2026
Valuation20.8Q2 2026
25.050.175.1100.2Q3 2023 · P/E: 58.5Q4 2023 · P/E: 38.3Q1 2024 · P/E: 87.3Q2 2024 · P/E: 37.6Q3 2024 · P/E: 38.2Q4 2024 · P/E: 90.1Q1 2025 · P/E: 100.2Q2 2025 · P/E: 32.0Q3 2025 · P/E: 33.5Q4 2025 · P/E: 41.0Q1 2026 · P/E: 47.0Q2 2026 · P/E: 20.8Q3 2023 · P/S: 4.8Q4 2023 · P/S: 5.5Q1 2024 · P/S: 6.5Q2 2024 · P/S: 5.9Q3 2024 · P/S: 5.8Q4 2024 · P/S: 6.6Q1 2025 · P/S: 6.7Q2 2025 · P/S: 5.6Q3 2025 · P/S: 8.6Q4 2025 · P/S: 7.3Q1 2026 · P/S: 8.4Q2 2026 · P/S: 13.5Q3 2023Q2 2026
P/EP/S
Revenue$4.2B2025
$1B$2.1B$3.1B$4.2B2018: $1.1B2019: $1.2B2020: $1.6B2021: $2.4B2022: $3.2B2023: $3.3B2024: $3.6B2025: $4.2B20182025
Net income$181.3M2025
$45.3M$90.6M$136M$181.3M2018: $18.9M2019: $2.8M2020: $50.3M2021: $142.3M2022: $74.6M2023: $25.2M2024: $100.8M2025: $181.3M20182025
EBITDA$856.2M2025
$214.1M$428.1M$642.2M$856.2M2018: $173.8M2019: $188.3M2020: $299.7M2021: $452.4M2022: $584.8M2023: $664M2024: $684.7M2025: $856.2M20182025
Free cash flow$118.8M2025
-$408.4M-$232.7M-$57M$118.8M2018: -$219.8M2019: -$103.2M2020: -$135.2M2021: -$525.7M2022: -$584.2M2023: -$123.8M2024: -$100.6M2025: $118.8M20182025
EPS$0.122025
$0.03$0.06$0.09$0.122018: $0.022019: $02020: $0.042021: $0.112022: $0.062023: $0.022024: $0.072025: $0.1220182025
Cash / Debt$804.8M2025
$491.4M$982.8M$1.5B$2B2018 · Cash: $204.2M2018 · Debt: $409.7M2019 · Cash: $330.9M2019 · Debt: $752.1M2020 · Cash: $613M2020 · Debt: $894.4M2021 · Cash: $621.9M2021 · Debt: $1.2B2022 · Cash: $631M2022 · Debt: $1.5B2023 · Cash: $664.6M2023 · Debt: $1.5B2024 · Cash: $629.5M2024 · Debt: $1.5B2025 · Cash: $804.8M2025 · Debt: $2B20182025
CashDebt
Profitability+14.6%2025
+4.1%+8.4%+12.6%+16.9%2018 · Gross margin: +15.1%2019 · Gross margin: +13.4%2020 · Gross margin: +15.3%2021 · Gross margin: +16.9%2022 · Gross margin: +13.8%2023 · Gross margin: +11.6%2024 · Gross margin: +14.6%2025 · Gross margin: +14.6%2018 · Operating margin: +1.6%2019 · Operating margin: -0.2%2020 · Operating margin: +3.4%2021 · Operating margin: +6.0%2022 · Operating margin: +2.2%2023 · Operating margin: +1.1%2024 · Operating margin: +4.4%2025 · Operating margin: +6.3%2018 · Net margin: +1.8%2019 · Net margin: +0.2%2020 · Net margin: +3.1%2021 · Net margin: +6.1%2022 · Net margin: +2.3%2023 · Net margin: +0.8%2024 · Net margin: +2.8%2025 · Net margin: +4.4%20182025
Gross marginOperating marginNet margin
Revenue growth+16.9%2025
+11.7%+23.4%+35.1%+46.8%2019: +14.5%2020: +30.3%2021: +46.8%2022: +35.5%2023: +3.9%2024: +7.2%2025: +16.9%20182025
Shares outstanding1.5B2025
385.1M770.2M1.2B1.5B2018: 1.2B2019: 957.1M2020: 1.3B2021: 1.3B2022: 1.4B2023: 1.5B2024: 1.5B2025: 1.5B20182025
Valuation47.12025
205.6411.3616.9822.52018 · P/E: 65.12019 · P/E: 822.52020 · P/E: 97.12021 · P/E: 27.02022 · P/E: 44.52023 · P/E: 209.12024 · P/E: 65.72025 · P/E: 47.12018 · P/S: 1.12019 · P/S: 1.92020 · P/S: 3.12021 · P/S: 1.62022 · P/S: 1.02023 · P/S: 1.62024 · P/S: 1.92025 · P/S: 2.020182025
P/EP/S

Next catalyst

Catalysts

Earnings
2026-11-03
Revenue est. $1.2B · Updated 1h ago
Dividend
¥0.081
2026-05-28

No unusual perp activity right now.

Research data

Analysts, filings and peer context

Estimates

6
DateEPS estimateRevenue estimateGrowthAnalysts
FY 20261.42$5.1B+22%6
FY 20271.51$5.9B+41%7
FY 20281.80$6.7B+60%4
Q2 20260.25$1.2B+20%1
Q3 20260.31$1.2B+16%1
Q4 20260.32$1.3B+13%1

Company events

6
2026-11-03EarningsActual - / Estimate 0.31-
2026-08-26EarningsActual 0.24 / Estimate 0.24In line
2026-05-28Dividend¥0.081-
2026-04-30EarningsActual 0.22 / Estimate 0.1Beat
2026-04-17EarningsActual 0.23 / Estimate 0.28Miss
2025-09-30EarningsActual 0.3 / Estimate 0.28Beat

Peer comparison

Similar listed perps

Analyst track record

How the analysts covering TFME 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 TFME perpetual futures?

Tongfu Microelectronics Co., Ltd. (TFME) 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 TFME around the clock?

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

What is the funding rate on TFME perpetuals?

Right now the TFME 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 TFME perp price compare to the Tongfu Microelectronics Co., Ltd. stock?

The venue-median TFME perp mark is $9.13 versus a reference stock price of $9.13, 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 TFME perpetual future?

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

What is TFMEUSDT perpetual?

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

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