TRSG
TRSG
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q4-2024 | $7.374M ▲ | $2.77M ▼ | $333.988K ▲ | 4.529% ▲ | $0.02 ▲ | $451.885K ▲ |
| Q2-2024 | $5.436M ▼ | $3.483M ▲ | $-814.008K ▼ | -14.975% ▼ | $-0.052 ▼ | $-813.64K ▼ |
| Q4-2023 | $9.006M ▲ | $2.749M ▲ | $682.816K ▲ | 7.582% ▲ | $0.046 ▲ | $1.125M ▲ |
| Q2-2023 | $5.356M ▼ | $2.615M ▼ | $232.606K ▼ | 4.343% ▼ | $0.016 ▼ | $233.172K ▼ |
| Q4-2022 | $7.851M | $2.812M | $1.302M | 16.585% | $0.087 | $1.395M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q4-2024 | $8.969M ▼ | $29.908M ▲ | $12.648M ▲ | $17.424M ▲ |
| Q2-2024 | $9.965M ▼ | $28.104M ▲ | $11.011M ▲ | $17.188M ▲ |
| Q4-2023 | $10.802M ▼ | $26.869M ▲ | $10.649M ▼ | $16.334M ▲ |
| Q2-2023 | $11.653M ▼ | $26.149M ▲ | $10.987M ▲ | $15.213M ▼ |
| Q4-2022 | $13.13M | $25.82M | $10.547M | $15.288M |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q4-2024 | $242.291K ▲ | $-811.889K ▼ | $-2.784M ▼ | $2.793M ▲ | $-1.33M ▼ | $-3.294M ▼ |
| Q2-2024 | $-814.008K ▼ | $0 ▼ | $0 ▼ | $0 ▲ | $0 ▲ | $0 ▼ |
| Q4-2023 | $341.408K ▲ | $324.077K ▲ | $89.984K ▲ | $-1M ▼ | $-425.508K ▲ | $313.649K ▲ |
| Q2-2023 | $116.303K ▼ | $-98.566K ▼ | $-130.857K ▼ | $-402.286K ▲ | $-738.436K ▼ | $-109.765K ▼ |
| Q4-2022 | $1.302M | $2.242M | $288.886K | $-994.422K | $887.424K | $2.182M |
Five-Year Company Overview
Income Statement
Balance Sheet
Cash Flow
Competitive Edge
Innovation and R&D
Summary
Tungray looks like a small, specialized industrial technology company with stable but very limited scale and profitability. Its financial profile is conservative—no meaningful debt and steady but thin cash—yet also shows minimal growth and only marginal earnings. Strategically, its engineer‑to‑order model, custom automation expertise, and high switching costs give it a distinct niche and potential for deeper customer entrenchment. Future value will depend on whether the company can convert its technical strengths and new initiatives in areas like 3D printing, medical, and aviation into larger, more consistent revenue streams, while maintaining financial discipline and managing the risks of operating at a modest scale.
About Tungray Technologies Inc Class A Ordinary Shares
https://www.tungray.techTungray Technologies Inc., an engineer-to-order company, through its subsidiaries, provides customized industrial manufacturing solutions in China and Singapore. It offers customized industrial test and tooling solutions; welding equipment manufacturing; and direct drive and linear direct current motors.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q4-2024 | $7.374M ▲ | $2.77M ▼ | $333.988K ▲ | 4.529% ▲ | $0.02 ▲ | $451.885K ▲ |
| Q2-2024 | $5.436M ▼ | $3.483M ▲ | $-814.008K ▼ | -14.975% ▼ | $-0.052 ▼ | $-813.64K ▼ |
| Q4-2023 | $9.006M ▲ | $2.749M ▲ | $682.816K ▲ | 7.582% ▲ | $0.046 ▲ | $1.125M ▲ |
| Q2-2023 | $5.356M ▼ | $2.615M ▼ | $232.606K ▼ | 4.343% ▼ | $0.016 ▼ | $233.172K ▼ |
| Q4-2022 | $7.851M | $2.812M | $1.302M | 16.585% | $0.087 | $1.395M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q4-2024 | $8.969M ▼ | $29.908M ▲ | $12.648M ▲ | $17.424M ▲ |
| Q2-2024 | $9.965M ▼ | $28.104M ▲ | $11.011M ▲ | $17.188M ▲ |
| Q4-2023 | $10.802M ▼ | $26.869M ▲ | $10.649M ▼ | $16.334M ▲ |
| Q2-2023 | $11.653M ▼ | $26.149M ▲ | $10.987M ▲ | $15.213M ▼ |
| Q4-2022 | $13.13M | $25.82M | $10.547M | $15.288M |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q4-2024 | $242.291K ▲ | $-811.889K ▼ | $-2.784M ▼ | $2.793M ▲ | $-1.33M ▼ | $-3.294M ▼ |
| Q2-2024 | $-814.008K ▼ | $0 ▼ | $0 ▼ | $0 ▲ | $0 ▲ | $0 ▼ |
| Q4-2023 | $341.408K ▲ | $324.077K ▲ | $89.984K ▲ | $-1M ▼ | $-425.508K ▲ | $313.649K ▲ |
| Q2-2023 | $116.303K ▼ | $-98.566K ▼ | $-130.857K ▼ | $-402.286K ▲ | $-738.436K ▼ | $-109.765K ▼ |
| Q4-2022 | $1.302M | $2.242M | $288.886K | $-994.422K | $887.424K | $2.182M |
Five-Year Company Overview
Income Statement
Balance Sheet
Cash Flow
Competitive Edge
Innovation and R&D
Summary
Tungray looks like a small, specialized industrial technology company with stable but very limited scale and profitability. Its financial profile is conservative—no meaningful debt and steady but thin cash—yet also shows minimal growth and only marginal earnings. Strategically, its engineer‑to‑order model, custom automation expertise, and high switching costs give it a distinct niche and potential for deeper customer entrenchment. Future value will depend on whether the company can convert its technical strengths and new initiatives in areas like 3D printing, medical, and aviation into larger, more consistent revenue streams, while maintaining financial discipline and managing the risks of operating at a modest scale.
CEO
Wanjun Yao
Compensation Summary
(Year 2024)
CEO
Wanjun Yao
Compensation Summary
(Year 2024)
Ratings Snapshot
Rating : C+