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Companies Industrials TRSG.O
TR
TRSG.O NASDAQ Diversified Industrial Machinery

Tungray Technologies Inc

$1,53
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Mcap
25,0M USD
P/E
EV / Rev
Div yield
Op margin
-1,5 %
ROE
-0,1 %
Net margin
-0,1 %
Debt / equity
0,11
Beta
52w range
Volume
2
Day range
Prev close
$1,30
Open
Next earnings
2026-10-28
Ex-dividend
TR 1Y
About

Tungray Technologies Inc designs and develops industrial machinery and equipment, primarily serving the industrial goods sector.

Business. Tungray Technologies Inc (TRSG.O) is an industrial machinery and equipment company listed on the NASDAQ. The firm operates within the Industrial Goods sector, focusing on the sale of industrial products. Headquarters location and specific operating segment details are not provided in the available data.

Classification99 %
SectorIndustrials
Industry groupDiversified Industrial Machinery
Generated · model-assisted
Sell-side consensus
consensus pending
— buy— hold— sell
Avg 12m price target
Upcoming events
  • EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
not yet wired
Ownership
UBS Financial Services, Inc.
largest disclosed fund holder
Profitability
-0,1 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning TRSG.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials · THIS SECTOR−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to TRSG.O. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Company
    • EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Tungray Technologies Inc (TRSG.O) is an industrial machinery and equipment company listed on the NASDAQ. The firm operates within the Industrial Goods sector, focusing on the sale of industrial products. Headquarters location and specific operating segment details are not provided in the available data.

    Classification99 %
    SectorIndustrials
    Industry groupDiversified Industrial Machinery
    AI synthesis
    GENERATED

    Tungray Technologies Inc maintains a relatively strong liquidity position, with $6.62 million in cash and equivalents, representing 22.4% of total assets. The company's liquidity FPT (free cash flow to total liabilities) is negative, reflecting a free cash flow of -$715,750 and total liabilities of $11.14 million. The current ratio of 1.94 indicates the company can cover its short-term obligations with its current assets.

    Profitability metrics show significant underperformance relative to industry norms. The company reported a net loss of $13,420 and an operating loss of $241,810, resulting in a negative return on equity of -0.07% and a negative return on assets of -0.05%. These figures suggest the company is not generating returns for shareholders or effectively utilizing its assets.

    The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification. This lack of diversification increases exposure to sector-specific risks and limits visibility into regional performance drivers.

    Growth trajectory is constrained by negative operating and free cash flows. The company's operating cash flow of -$3.05 million and capital expenditures of -$1.01 million indicate ongoing investment in operations, but without corresponding revenue growth. The company's revenue of $15.62 million reflects a static or declining trend, with no disclosed YoY growth.

    Risk assessment highlights low liquidity and dilution risk, with no immediate filing-based flags detected. The debt-to-equity ratio of 0.11 suggests a conservative capital structure, but the negative operating cash flow raises concerns about long-term sustainability. No dilution sources were identified in recent filings, and the company's shares outstanding remain unchanged between basic and diluted measures.

    Recent events include no material filings or transcripts disclosing strategic shifts, regulatory actions, or operational updates. The absence of recent disclosures limits visibility into management's response to industry challenges or opportunities.

    Key takeaways
    • Tungray Technologies Inc is operating at a net loss with negative returns on equity and assets.
    • The company maintains a conservative debt structure but lacks positive cash flow generation.
    • Revenue concentration in a single segment and lack of geographic diversification increase operational risk.
    • No immediate liquidity or dilution risks are flagged, but negative cash flows raise concerns about long-term viability.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation

    Market price
    $1,53
    Market cap
    $20.9M
    Enterprise value
    $16.3M
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    1.1x
    P / Tangible book
    1.1x
    Tangible book
    $18.4M
    Net cash
    $4.6M
    Current ratio
    1.9
    Debt / equity
    0.1
    ROA
    -0.1%
    ROE
    -0.1%
    Cash conversion
    22703.0%
    CapEx / revenue
    -6.5%
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    INDUSTRYSEGMENTCOMPANYIndustrialsIndustryDiversified Industrial Machinery180,2B node revenuePH 11,0%GWW 10,0%SWK 8,4%XYL 5,0%FAST 4,5%DOV 4,5%IR 4,2%CNM 4,2%Other 48,1%
    Source: company disclosures · own-taxonomy revenue-covered setTRSG 0,0% · rank #65 of 71

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    Peer comparison8 peers · vs TRSG · multiples and returns
    PH
    PH
    Parker Hannifin Corp
    $978,08
    127,3B USD
    P/E
    35,4x
    vs self
    Div yield
    0,7 %
    vs self
    ROE
    25,8 %
    +25,9 vs self
    GW
    GWW
    Ww Grainger Inc
    $1 367,46
    64,8B USD
    P/E
    38,0x
    vs self
    Div yield
    0,6 %
    vs self
    ROE
    43,4 %
    +43,5 vs self
    SW
    SWK
    STANLEY BLACK & DECKER, INC.
    $98,11
    14,9B USD
    P/E
    34,4x
    vs self
    Div yield
    3,6 %
    vs self
    ROE
    4,5 %
    +4,6 vs self
    XY
    XYL
    Xylem Inc
    $119,08
    28,6B USD
    P/E
    28,5x
    vs self
    Div yield
    1,4 %
    vs self
    ROE
    9,2 %
    +9,3 vs self
    FA
    FAST
    Fastenal Co
    $48,11
    55,4B USD
    P/E
    42,7x
    vs self
    Div yield
    1,9 %
    vs self
    ROE
    31,5 %
    +31,6 vs self
    DO
    DOV
    Dover Corp
    $205,72
    27,9B USD
    P/E
    28,2x
    vs self
    Div yield
    1,0 %
    vs self
    ROE
    14,2 %
    +14,3 vs self
    IR
    IR
    Ingersoll-rand Inc
    $81,77
    32,2B USD
    P/E
    55,4x
    vs self
    Div yield
    vs self
    ROE
    5,7 %
    +5,8 vs self
    CN
    CNM
    Core & Main Inc
    $45,75
    9,0B USD
    P/E
    21,2x
    vs self
    Div yield
    vs self
    ROE
    21,6 %
    +21,7 vs self

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskLow
    Filing-based flags
    • No immediate filing-based liquidity or dilution flags were detected.

    Benchmarks vs cohort

    Op Margin-1,6 %Bottom quartile
    Net Margin-0,1 %Below median
    ROE-0,1 %Below median
    Capex / Rev-6,5 %Bottom quartile
    D/E0,11Above median
    Cash Conv227,03Best in class

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Return On Equity
      net_income / total_equity
    • Price To Book
      market_price / (adjusted_book_value / shares_outstanding_diluted)
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    • Market Cap
      market_price * shares_outstanding_diluted
    • Ev To Revenue
      enterprise_value / revenue
    Source documents
    • Tungray Technologies Inc Market data — financials · 2026-05-29

    Ownership & reference

    Top holders

    • UBS Financial Services, Inc.Investment Managers · as of 2026-03-310,00 %$0M

    Leadership

    • Wanjun YaoChairman of the Board, Chief Executive Officer

    Insider activity

    — missing data

    Short positioning

    33.8Kshares short+43.0% vs prior
    2.2days to cover
    95.8%short of daily vol
    6.3Kfails-to-deliver
    as of 2026-07-15 · short-interest report (free)

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    TRSG.OCanonical
    NASDAQ · USD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskLow
    No immediate filing-based liquidity or dilution flags were detected.

    Evidence & claims

    From filings & derived data
    • Revenue (YoY) (2025-12-31 vs 2024-12-31): 22.0%Derived (calculated)
    • Net margin (FY 2025-12-31): -1.1%Derived (calculated)
    • Gross margin (FY 2025-12-31): 45.9%Derived (calculated)
    • Return on equity (FY 2025-12-31): -0.9%Derived (calculated)
    • Return on assets (FY 2025-12-31): -0.6%Derived (calculated)
    • Current ratio (FY 2025-12-31): 1.94xDerived (calculated)
    • Debt-to-equity (FY 2025-12-31): 0.64xDerived (calculated)
    • Capex (YoY) (2025-12-31 vs 2024-12-31): 77.4%Derived (calculated)
    • Cost of revenue (YoY) (2025-12-31 vs 2024-12-31): 17.2%Derived (calculated)
    • Gross profit (YoY) (2025-12-31 vs 2024-12-31): 28.1%Derived (calculated)
    • Net income (YoY) (2025-12-31 vs 2024-12-31): 70.2%Derived (calculated)
    • Operating cash flow (YoY) (2025-12-31 vs 2024-12-31): -275.3%Derived (calculated)
    • Operating income (YoY) (2025-12-31 vs 2024-12-31): 63.1%Derived (calculated)
    • R&D expense (YoY) (2025-12-31 vs 2024-12-31): -8.3%Derived (calculated)
    • Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): 4.5%Derived (calculated)
    • Total assets (YoY) (2025-12-31 vs 2024-12-31): -1.3%Derived (calculated)
    • Total liabilities (YoY) (2025-12-31 vs 2024-12-31): -9.2%Derived (calculated)
    • Cash & equivalents (YoY) (2025-12-31 vs 2024-12-31): -26.1%Derived (calculated)
    • R&D expense (annual): USD 975.05KSEC XBRL filing
    • Net income (annual): USD -170.28KSEC XBRL filing
    • Operating income (annual): USD -241.81KSEC XBRL filing
    • Total liabilities (annual): USD 11.48MSEC XBRL filing
    • Current assets (annual): USD 18.7MSEC XBRL filing
    • Shareholders' equity (annual): USD 18.03MSEC XBRL filing
    Showing 24 of 60 surfaced claims.
    Atomic claims from regulatory filings and derived calculations. Provenance shown as source kind only.

    The Thread

    Everything we know, in order
    2026-10-28EVENTUpcomingQ3 2026 earnings (expected) estimated date
    2026-05-28FILINGFORM 6-K FILING →
    2025-09-30FILINGFORM 6-K FILING →
    2025-09-25FILINGFORM 6-K FILING →
    2024-12-31FILINGFORM 6-K →
    2024-12-31FILINGFORM 6-K →
    2024-09-12FILINGFORM 6-K →
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage