Tungray Technologies Inc
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.
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- 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
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Composite-score breakdown
Synthesis
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.
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.
- 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-assistedIn focus — financials by report
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Estimate revisions
consensus EPS · 26-week trendSell-side observations
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Risk factors
- No immediate filing-based liquidity or dilution flags were detected.
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- Return On Equitynet_income / total_equity
- Price To Bookmarket_price / (adjusted_book_value / shares_outstanding_diluted)
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Market Priceinput from market-data provider (delayed close or quote-shim mid)
- Market Capmarket_price * shares_outstanding_diluted
- Ev To Revenueenterprise_value / revenue
- Tungray Technologies Inc Market data — financials · 2026-05-29
Ownership & reference
Top holders
- Investment Managers · as of 2026-03-310,00 %$0M
Leadership
- Wanjun YaoChairman of the Board, Chief Executive Officer
Insider activity
Short positioning
Geographic breakdown
Intel & risk
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