PerpEquities

Equity · Technology

Sharetronic Data Technology Co., Ltd. (Xiechuang) (XIECHUANG) perpetual futures

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

Sharetronic Data Technology Co., Ltd. (Xiechuang) tracked across crypto venues with normalized contract specifications.

$39.98+0.2%
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Price chart

 

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Collecting venue price data...
venue perp mark · Gate.io (XIECHUANG/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
$454
Open interest
$2.7K
Best liquidity
-
Tightest spread
+196.2 bps
Gate.io
Highest volume
$454
Gate.io
Settlement mix
USDT · 1/1
Perp/spot vol.
0.00x
Spot volume $529.7M
OI / float
0.00%
Float $12B
Spot performance
1D+0.21%
5D-1.18%
1M+11.54%
6M+81.25%
YTD+122.91%
1Y+118.61%

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.ioTradeXIECHUANG/USDTTrading$39.980.0% APR
0.000% every 8h
+196.2 bps-$454$2.7KUSDT20x

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

-
No live data-

Tightest spread

XIECHUANG

Highest volume

XIECHUANG

Funding history

Stored venue snapshots by market

Company data

Company fundamentals

Updated 1h ago
Market cap
$19.6B
Updated 1h ago
Revenue
$3B
Trailing 12 months
Revenue growth
+42%
Next fiscal year
Profit margin
+13.0%
P/E
34.3
Peer P/E 36.6
Free cash flow
-$2.5B
Trailing 12 months
More metrics
Net income
$386M
Trailing 12 months
P/S
6.6
Peer P/E
36.6
Similar listed perps
Revenue estimate
$2.6B
Next fiscal year
Earnings
2026-08-13
Revenue $975.3M · Updated 1h ago
Dividend
¥0.34
2026-04-22

Fundamental detail

Annual + quarterly
Latest revenue$1.8B
Net margin+9.5%
Free cash flow-$1.9B
Net debt$1.4B
2020$334.5M
2021$440.3M
2022$468.3M
2023$692.9M
2024$1.1B
2025$1.8B
PeriodRevenueGrowthNet incomeFCF
2020$334.5M+45%$14.9M-$24.7M
2021$440.3M+32%$18.8M-$8.8M
2022$468.3M+6%$19.5M$4.3M
2023$692.9M+48%$42.7M-$36.6M
2024$1.1B+59%$102.9M-$96.8M
2025$1.8B+65%$173.2M-$1.9B
PeriodGross marginOperating marginNet marginROEROA
2020+10.7%+4.3%+4.5%+8.5%+4.9%
2021+11.2%+4.3%+4.3%+9.8%+5.1%
2022+10.5%+4.5%+4.2%+9.2%+4.7%
2023+13.0%+6.8%+6.2%+11.8%+5.6%
2024+16.9%+10.6%+9.3%+21.5%+9.5%
2025+18.7%+12.5%+9.5%+26.5%+4.9%
PeriodCashDebtNet debtCurrent ratio
2020$79.7M$47.4M-$32.3M2.10
2021$70.3M$52.7M-$17.6M1.79
2022$82.1M$66.6M-$15.5M1.75
2023$270.2M$134.4M-$135.8M1.70
2024$227.2M$256.3M$29.1M1.74
2025$353.9M$1.8B$1.4B0.92
PeriodMarket capEnterprise valueP/SP/E
2020$648M$615.7M1.943.0
2021$635.7M$618.2M1.433.9
2022$422.2M$406.7M0.921.8
2023$1.3B$1.2B1.930.8
2024$2B$2B1.827.0
2025$6.2B$7.6B3.435.6
Q3 2024$270.2M
Q4 2024$299.8M
Q1 2025$309M
Q2 2025$426.4M
Q3 2025$503.8M
Q4 2025$580.9M
Q1 2026$905.1M
Q2 2026$975.3M
PeriodRevenueGrowthNet incomeFCF
Q3 2024$270.2M+31%$29.6M-$47.1K
Q4 2024$299.8M+41%$20M-$37.2M
Q1 2025$309M+18%$25.2M-$210.8M
Q2 2025$426.4M+58%$39.1M-$756.9M
Q3 2025$503.8M+86%$39.5M-$450.9M
Q4 2025$580.9M+94%$69.4M-$460.9M
Q1 2026$905.1M+193%$111.6M-$1.1B
Q2 2026$975.3M+129%$165.5M-$490.7M
PeriodGross marginOperating marginNet marginROEROA
Q3 2024+19.6%+11.8%+11.0%+6.6%+3.1%
Q4 2024+14.2%+8.1%+6.7%+4.2%+1.8%
Q1 2025+16.0%+8.9%+8.1%+5.0%+1.7%
Q2 2025+17.0%+10.0%+9.2%+7.3%+1.8%
Q3 2025+17.7%+11.6%+7.9%+6.8%+1.5%
Q4 2025+22.2%+15.7%+11.9%+10.6%+2.0%
Q1 2026+22.5%+14.3%+12.3%+14.5%+2.0%
Q2 2026+9.7%+17.3%+17.0%+18.3%+2.3%
PeriodCashDebtNet debtCurrent ratio
Q3 2024$229.5M$227.2M-$2.3M1.65
Q4 2024$227.2M$256.3M$29.1M1.74
Q1 2025$366.8M$559.8M$193M1.75
Q2 2025$239.8M$895.8M$656.1M1.12
Q3 2025$216.5M$1.8B$1.6B1.19
Q4 2025$353.9M$1.8B$1.4B0.92
Q1 2026$432.6M$1.9B$1.5B0.90
Q2 2026$831M$5.6B$4.8B0.90
PeriodMarket capEnterprise valueP/SP/E
Q3 2024$1.8B$1.8B6.615.2
Q4 2024$2B$2B6.624.8
Q1 2025$2.2B$2.4B7.021.6
Q2 2025$2.2B$2.9B5.314.4
Q3 2025$4.7B$6.4B9.430.1
Q4 2025$6.2B$7.6B10.722.3
Q1 2026$7.7B$9.2B8.517.2
Q2 2026$17.5B$22.3B17.926.4

Refreshed 1h ago

Charts: revenue, profit, cash flow & valuation
Revenue$975.3MQ2 2026
$243.8M$487.7M$731.5M$975.3MQ3 2023: $206.6MQ4 2023: $212.7MQ1 2024: $261.6MQ2 2024: $270.6MQ3 2024: $270.2MQ4 2024: $299.8MQ1 2025: $309MQ2 2025: $426.4MQ3 2025: $503.8MQ4 2025: $580.9MQ1 2026: $905.1MQ2 2026: $975.3MQ3 2023Q2 2026
Net income$165.5MQ2 2026
$41.4M$82.7M$124.1M$165.5MQ3 2023: $12.3MQ4 2023: $13.6MQ1 2024: $24.1MQ2 2024: $29.1MQ3 2024: $29.6MQ4 2024: $20MQ1 2025: $25.2MQ2 2025: $39.1MQ3 2025: $39.5MQ4 2025: $69.4MQ1 2026: $111.6MQ2 2026: $165.5MQ3 2023Q2 2026
EBITDA$151.9MQ2 2026
$39M$78.1M$117.1M$156.2MQ3 2023: $18MQ4 2023: $16.2MQ1 2024: $31.2MQ2 2024: $33.9MQ3 2024: $41.1MQ4 2024: $26.5MQ1 2025: $32.6MQ2 2025: $59.4MQ3 2025: $98.3MQ4 2025: $132.7MQ1 2026: $156.2MQ2 2026: $151.9MQ3 2023Q2 2026
Free cash flow-$490.7MQ2 2026
-$813.2M-$539.4M-$265.7M$8.1MQ3 2023: $8.1MQ4 2023: -$54.2MQ1 2024: -$44.9MQ2 2024: -$14.6MQ3 2024: -$47.1KQ4 2024: -$37.2MQ1 2025: -$210.8MQ2 2025: -$756.9MQ3 2025: -$450.9MQ4 2025: -$460.9MQ1 2026: -$1.1BQ2 2026: -$490.7MQ3 2023Q2 2026
EPS$0.48Q2 2026
$0.12$0.24$0.36$0.48Q3 2023: $0.05Q4 2023: $0.06Q1 2024: $0.1Q2 2024: $0.12Q3 2024: $0.12Q4 2024: $0.08Q1 2025: $0.1Q2 2025: $0.16Q3 2025: $0.16Q4 2025: $0.2Q1 2026: $0.32Q2 2026: $0.48Q3 2023Q2 2026
Cash / Debt$831MQ2 2026
$1.4B$2.8B$4.2B$5.6BQ3 2023 · Cash: $223MQ3 2023 · Debt: $102.4MQ4 2023 · Cash: $270.2MQ4 2023 · Debt: $134.4MQ1 2024 · Cash: $253.9MQ1 2024 · Debt: $211.7MQ2 2024 · Cash: $244.6MQ2 2024 · Debt: $238.3MQ3 2024 · Cash: $229.5MQ3 2024 · Debt: $227.2MQ4 2024 · Cash: $227.2MQ4 2024 · Debt: $256.3MQ1 2025 · Cash: $366.8MQ1 2025 · Debt: $559.8MQ2 2025 · Cash: $239.8MQ2 2025 · Debt: $895.8MQ3 2025 · Cash: $216.5MQ3 2025 · Debt: $1.8BQ4 2025 · Cash: $353.9MQ4 2025 · Debt: $1.8BQ1 2026 · Cash: $432.6MQ1 2026 · Debt: $1.9BQ2 2026 · Cash: $831MQ2 2026 · Debt: $5.6BQ3 2023Q2 2026
CashDebt
Profitability+9.7%Q2 2026
+5.6%+11.3%+16.9%+22.5%Q3 2023 · Gross margin: +14.0%Q4 2023 · Gross margin: +12.2%Q1 2024 · Gross margin: +16.3%Q2 2024 · Gross margin: +17.6%Q3 2024 · Gross margin: +19.6%Q4 2024 · Gross margin: +14.2%Q1 2025 · Gross margin: +16.0%Q2 2025 · Gross margin: +17.0%Q3 2025 · Gross margin: +17.7%Q4 2025 · Gross margin: +22.2%Q1 2026 · Gross margin: +22.5%Q2 2026 · Gross margin: +9.7%Q3 2023 · Operating margin: +6.5%Q4 2023 · Operating margin: +7.2%Q1 2024 · Operating margin: +10.4%Q2 2024 · Operating margin: +12.4%Q3 2024 · Operating margin: +11.8%Q4 2024 · Operating margin: +8.1%Q1 2025 · Operating margin: +8.9%Q2 2025 · Operating margin: +10.0%Q3 2025 · Operating margin: +11.6%Q4 2025 · Operating margin: +15.7%Q1 2026 · Operating margin: +14.3%Q2 2026 · Operating margin: +17.3%Q3 2023 · Net margin: +6.0%Q4 2023 · Net margin: +6.4%Q1 2024 · Net margin: +9.2%Q2 2024 · Net margin: +10.7%Q3 2024 · Net margin: +11.0%Q4 2024 · Net margin: +6.7%Q1 2025 · Net margin: +8.1%Q2 2025 · Net margin: +9.2%Q3 2025 · Net margin: +7.9%Q4 2025 · Net margin: +11.9%Q1 2026 · Net margin: +12.3%Q2 2026 · Net margin: +17.0%Q3 2023Q2 2026
Gross marginOperating marginNet margin
Revenue growth+128.7%Q2 2026
+48.2%+96.5%+144.7%+192.9%Q3 2024: +30.8%Q4 2024: +41.0%Q1 2025: +18.1%Q2 2025: +57.6%Q3 2025: +86.4%Q4 2025: +93.8%Q1 2026: +192.9%Q2 2026: +128.7%Q3 2023Q2 2026
Shares outstanding345.8MQ2 2026
86.5M173.1M259.6M346.1MQ3 2023: 243.8MQ4 2023: 243.8MQ1 2024: 242.2MQ2 2024: 245.3MQ3 2024: 245.3MQ4 2024: 245.3MQ1 2025: 245.2MQ2 2025: 245.2MQ3 2025: 245.2MQ4 2025: 346.1MQ1 2026: 345.8MQ2 2026: 345.8MQ3 2023Q2 2026
Valuation26.4Q2 2026
7.515.022.630.1Q3 2023 · P/E: 13.6Q4 2023 · P/E: 24.9Q1 2024 · P/E: 16.3Q2 2024 · P/E: 13.7Q3 2024 · P/E: 15.2Q4 2024 · P/E: 24.8Q1 2025 · P/E: 21.6Q2 2025 · P/E: 14.4Q3 2025 · P/E: 30.1Q4 2025 · P/E: 22.3Q1 2026 · P/E: 17.2Q2 2026 · P/E: 26.4Q3 2023 · P/S: 3.3Q4 2023 · P/S: 6.5Q1 2024 · P/S: 6.0Q2 2024 · P/S: 5.9Q3 2024 · P/S: 6.6Q4 2024 · P/S: 6.6Q1 2025 · P/S: 7.0Q2 2025 · P/S: 5.3Q3 2025 · P/S: 9.4Q4 2025 · P/S: 10.7Q1 2026 · P/S: 8.5Q2 2026 · P/S: 17.9Q3 2023Q2 2026
P/EP/S
Revenue$1.8B2025
$454.7M$909.3M$1.4B$1.8B2018: $175.3M2019: $231.5M2020: $334.5M2021: $440.3M2022: $468.3M2023: $692.9M2024: $1.1B2025: $1.8B20182025
Net income$173.2M2025
$43.3M$86.6M$129.9M$173.2M2018: $10.1M2019: $14.2M2020: $14.9M2021: $18.8M2022: $19.5M2023: $42.7M2024: $102.9M2025: $173.2M20182025
EBITDA$331.8M2025
$83M$165.9M$248.9M$331.8M2018: $12.6M2019: $19.5M2020: $21M2021: $24.9M2022: $28.3M2023: $58.6M2024: $134.1M2025: $331.8M20182025
Free cash flow-$1.9B2025
-$1.4B-$934.7M-$462.9M$8.8M2018: -$20.9M2019: $8.8M2020: -$24.7M2021: -$8.8M2022: $4.3M2023: -$36.6M2024: -$96.8M2025: -$1.9B20182025
EPS$0.52025
$0.13$0.25$0.38$0.52018: $0.072019: $0.092020: $0.072021: $0.092022: $0.092023: $0.182024: $0.32025: $0.520182025
Cash / Debt$353.9M2025
$438.4M$876.8M$1.3B$1.8B2018 · Cash: $12.7M2018 · Debt: $17.9M2019 · Cash: $18.9M2019 · Debt: $31.9M2020 · Cash: $79.7M2020 · Debt: $47.4M2021 · Cash: $70.3M2021 · Debt: $52.7M2022 · Cash: $82.1M2022 · Debt: $66.6M2023 · Cash: $270.2M2023 · Debt: $134.4M2024 · Cash: $227.2M2024 · Debt: $256.3M2025 · Cash: $353.9M2025 · Debt: $1.8B20182025
CashDebt
Profitability+18.7%2025
+4.7%+9.3%+14.0%+18.7%2018 · Gross margin: +13.7%2019 · Gross margin: +13.8%2020 · Gross margin: +10.7%2021 · Gross margin: +11.2%2022 · Gross margin: +10.5%2023 · Gross margin: +13.0%2024 · Gross margin: +16.9%2025 · Gross margin: +18.7%2018 · Operating margin: +5.7%2019 · Operating margin: +7.0%2020 · Operating margin: +4.3%2021 · Operating margin: +4.3%2022 · Operating margin: +4.5%2023 · Operating margin: +6.8%2024 · Operating margin: +10.6%2025 · Operating margin: +12.5%2018 · Net margin: +5.8%2019 · Net margin: +6.1%2020 · Net margin: +4.5%2021 · Net margin: +4.3%2022 · Net margin: +4.2%2023 · Net margin: +6.2%2024 · Net margin: +9.3%2025 · Net margin: +9.5%20182025
Gross marginOperating marginNet margin
Revenue growth+65.0%2025
+16.2%+32.5%+48.7%+65.0%2019: +32.1%2020: +44.5%2021: +31.6%2022: +6.4%2023: +47.9%2024: +59.1%2025: +65.0%20182025
Shares outstanding344.5M2025
86.1M172.2M258.4M344.5M2018: 147.6M2019: 151.3M2020: 206.6M2021: 206.6M2022: 206.6M2023: 233.6M2024: 245.3M2025: 344.5M20182025
Valuation35.62025
10.821.532.343.02018 · P/E: 20.82019 · P/E: 15.22020 · P/E: 43.02021 · P/E: 33.92022 · P/E: 21.82023 · P/E: 30.82024 · P/E: 27.02025 · P/E: 35.62018 · P/S: 1.22019 · P/S: 0.92020 · P/S: 1.92021 · P/S: 1.42022 · P/S: 0.92023 · P/S: 1.92024 · P/S: 1.82025 · P/S: 3.420182025
P/EP/S

Next catalyst

Catalysts

Earnings
2026-08-13
Revenue $975.3M · Updated 1h ago
Dividend
¥0.34
2026-04-22

No unusual perp activity right now.

Research data

Analysts, filings and peer context

Estimates

2
DateEPS estimateRevenue estimateGrowthAnalysts
FY 20263.93$2.6B+42%1
FY 20275.52$3.4B+85%1

Company events

6
2026-08-13EarningsActual 3.22 / Estimate --
2026-04-22Dividend¥0.34-
2026-04-22Stock split7:5-
2026-03-17EarningsActual 2.17 / Estimate --
2026-03-16EarningsActual 1.35 / Estimate --
2025-10-29EarningsActual 1.08 / Estimate --

Peer comparison

Similar listed perps

Analyst track record

How the analysts covering XIECHUANG 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 XIECHUANG perpetual futures?

Sharetronic Data Technology Co., Ltd. (Xiechuang) (XIECHUANG) 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 XIECHUANG around the clock?

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

What is the funding rate on XIECHUANG perpetuals?

Right now the XIECHUANG 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 XIECHUANG perp price compare to the Sharetronic Data Technology Co., Ltd. (Xiechuang) stock?

The venue-median XIECHUANG perp mark is $40 versus a reference stock price of $40, 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 XIECHUANG perpetual future?

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

What is XIECHUANGUSDT perpetual?

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

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