Tungray Technologies Inc Class A Ordinary Shares
TRSG · Price history
Price at last available close
$1.21
−$0.01 (-0.82%) 1M
2026-10-27
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Company & revenue
About Tungray Technologies Inc Class A Ordinary Shares
Primary reporting period: 2025-12-31 · Research updated Oct 13, 2026. A research update is not a new financial filing.
Who they are
Tungray Technologies Inc. operates as an engineer-to-order firm, providing tailored industrial manufacturing solutions across China and Singapore via its subsidiaries. The company's diverse product and service portfolio includes bespoke industrial testing and tooling setups, the fabrication of welding equipment, and advanced direct drive (DD) and linear direct current (DC) motors. Tungray also specializes in the conceptualization, development, and manufacturing of unique, non-standard machinery, such as automated assembly systems, high-precision testing apparatus, and custom tooling fixtures.
How they make money
Tungray Technologies Inc. operates as an engineer-to-order company that generates revenue by designing, manufacturing, and selling customized industrial manufacturing solutions, direct drive and linear DC motors, and induction welding equipment. The company serves original equipment manufacturers (OEMs) across the semiconductor, printer, electronics, and home appliance industries, primarily through its subsidiaries in Singapore and China.
Products & services
Customized industrial manufacturing solutions, industrial test and tooling solutions, direct drive and linear DC motors, and induction welding equipment.
Brands & revenue mix
No separate brand or brand-level revenue disclosure was confirmed in the reviewed sources. This does not mean the company has no brands.
Product / operating segments
No reconciled product or operating-segment revenue breakdown is available for the current research period. Company-wide revenue remains separate from segment disclosure.
Geographic revenue
No reconciled geographic revenue breakdown was confirmed for the current research period.
Customer types
Customer concentration
For the fiscal year ended December 31, 2025, the top two customers, HP Group and Goertek, Inc, accounted for 48.8% and 5.0% of total revenues, respectively.
Suppliers, materials & equipment
- Raw materials and component suppliers — The company relies on various third-party suppliers for raw materials and components necessary for its manufacturing processes; specific supplier names are not disclosed.Source
Sources
Financial risk observations and what to check
These are saved observations about business performance, not predictions. Review the company filings alongside the interpretation below. Latest stored financial period end: 2025-12-31.
Opportunity Score is currently unavailable; Wall Street Score remains independently validated.
The unavailable Opportunity Score is a separate model output. It must not be substituted with zero or inferred from the company score.
Quarterly revenue fell 29.6% versus the same quarter last year.
Check comparable business scope and currency, then separate volume, pricing and divestitures. One weaker quarter does not establish that the same decline will continue.
Quarterly EPS turned negative at -0.03 versus 0.05 a year earlier.
Separate recurring operating losses from noncash or one-time charges, and check cash flow rather than interpreting negative EPS as a cash-outflow amount.
Quarterly net income turned from a profit to a loss versus the same quarter last year.
Identify the causes in the interim report and distinguish operating cash use from accounting charges. Prior profitability is not a guarantee of recovery.
Wall Street Score
Overall investment score · Quality, value, risk and opportunity
30
Poor
View category scores →
Company Quality
How good is the actual business—regardless of today’s stock price?
43
Weak
Financial Strength
51
Business Quality / Moat
54
Management
40
Growth Quality
27
Risk / Durability
20
Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.
Model Outlook
12-month model · What does the model think happens next?
Outperformance analysis is not currently available.
WSS View
The quick read
The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.
A current Opportunity Score is not available.
The 12-month model outlook is not currently available.
No strong positive signal is being highlighted from the currently available summary data.
- •Debt service risk
- •Valuation is a weaker part of the current profile
- •Revenue fundamentals are weak
Company-specific research
Questions worth answering for TRSG
These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.
- •Can TRSG maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
- •How long can TRSG fund negative free cash flow using its current cash position before it may need more debt or new shares?
- •How is TRSG likely to use its cash advantage: reinvestment, acquisitions, debt reduction, dividends or buybacks?
- •What specifically needs to improve for TRSG to reach sustainable profitability?
- •What future growth or profitability would be needed to justify TRSG's current valuation?
Essential Investment Snapshot
Wall Street Score
30
Market Cap
$16.7M
P/E Ratio
-44.4
EPS
$-0.03
52-Week High
$1.75
52-Week Low
$1.00
Beta
0.06
Shares Outstanding
16.4M
Total Revenue
$26.6M
Total Debt
$2.9M
Dividend
No current dividend
Liquidation Value / Share
$1.10
Momentum & Volatility Signals
Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.
Weakening momentum
Normal movement
A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.
A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.
Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.
Notices for TRSG
Detected from reported data — verify before acting.Debt service risk
Interest coverage is low (~-2.9x). Earnings may be strained to cover interest expense.
Community Sentiment
0 active · 0 total callsNo personal call yet on TRSG.
Potential upside factors
- +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
Potential downside factors
- −Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Manufacturing - Metal Fabrication industry.
- −Concentrated customer base.
- −Limited operating history for certain subsidiaries.
- −Supply chain and manufacturing disruption risks.
These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.
Create a free account to make a call.
Scores
Click any score for full breakdownWas this stock page easy to understand?
One click helps us improve the research experience. This is not tied to an investment decision.
Score Changes
2 historical score records availablePrevious Score
28
Jul 24, 2026
Change
+2.3
points
Current Score
30
Oct 1, 2026
Category Changes
TRSG increased 2.3 points because Revenue improved by 4.1 points, Asset improved by 6.9 points, Moat improved by 14.6 points.
Positive Contributors
- + Revenue improved by 4.1 points
- + Asset improved by 6.9 points
- + Moat improved by 14.6 points
- + Buffett improved by 4.1 points
Projected Score
Projected Score
19
Projected Change
-10.4 points
Preliminary comparable-period financial changes suggest decline of approximately 10.4 points. This is a projected estimate, not the official WallStreetScore.
Price vs. Value
Valuation unavailableCurrent Price
$1.02
Model Intrinsic Value
—
Difference
—
Margin of Safety
—
Intrinsic value is not currently available for this stock, so valuation can't be calculated.
Financial Charts
Revenue
Additional Metrics
Operating Cash Flow
Total Debt
Total Assets
Net Margin %
Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.
| Line Item | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Revenue | $26.6M | $12.0M | $12.8M | $14.4M | ···· | ···· | ···· |
| Cost of Revenue | $14.6M | $6.5M | $7.2M | $7.7M | ···· | ···· | ···· |
| Gross Profit | $12.0M | $5.5M | $5.6M | $6.7M | ···· | ···· | ···· |
| Research & Development | $1.9M | $746K | $1.1M | $792K | ···· | ···· | ···· |
| SG&A Expenses | $11.6M | $6.4M | $5.2M | $4.8M | ···· | ···· | ···· |
| Operating Expenses | $12.8M | $5.7M | $6.3M | $5.6M | ···· | ···· | ···· |
| EBITDA | $38K | $400K | -$7K | $1.4M | ···· | ···· | ···· |
| Operating Income | -$781K | -$185K | -$656K | $1.1M | ···· | ···· | ···· |
| Interest Expense | $115K | $64K | $0.00 | $161K | ···· | ···· | ···· |
| Income Before Tax | -$211K | -$30K | -$294K | $1.3M | ···· | ···· | ···· |
| Income Tax Expense | $387K | $100K | $278K | $504K | ···· | ···· | ···· |
| Net Income | -$367K | -$10K | -$480K | $857K | ···· | ···· | ···· |
| Basic EPS | $-0.03 | $0.00 | $-0.02 | $0.05 | ···· | ···· | ···· |
| Basic Shares | 16.35M | 16.35M | 16.35M | 16.35M | ···· | ···· | ···· |
| Diluted Shares | 16.35M | 16.35M | 16.35M | 16.35M | ···· | ···· | ···· |
Earnings Summary
Revenue
$6.3M
Estimate unavailable.
Revenue Beat/Miss
Not available (no estimate stored)
EPS
-$0.03
Estimate unavailable.
EPS Beat/Miss
Not available (no estimate stored)
Debt Change
+12.2%
Cash Change
-26.1%
Margin Change
-11.4 pp
Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.
Financial Changes Since Prior Period
What Weakened
- Margins contracted
- Cash position declined
- Debt increased
Potential Score Impact
Pressure indicators included revenue growth, EPS growth, cash levels, debt levels. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.
Stored Earnings Analysis
Revenue declined 14.0%. EPS declined 230.9%. Cash declined 26.1%. Total debt increased 12.2%. Net income margin declined by 11.4 percentage points.
Earnings-Call Transcript
Earnings-call transcript analysis is not currently available.
These results may influence future scores when the next evaluation is completed.
Insider Activity
Guru / Smart Money
Guru Score
Smart Money
Number of Gurus
Total Guru Value
Avg Portfolio Weight
Largest Holder
Largest Holder %
New Positions
Increased Positions
Reduced Positions
Exited Positions
Net Guru Sentiment
Short Interest
Dividend History
Dividend data is not available yet. Missing data does not mean this company pays no dividend.
Conservative Projected Values
3 Years
$———.——
5 Years
$———.——
10 Years
$———.——
Conservative Projection Rate
——%
Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.
Conservative Projected Values
Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.
Start 7-Day Free TrialHistorical Outperformance Record
Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.
Start 7-Day Free TrialHistorical Trends
2 historical records2 historical score records available.
Historical Score Chart
2 of 2 records shownWall Street Score
Debt Score
Revenue Score
Asset Score
Capital Score
Management Score
Moat Score
Valuation Score
Buffett Score
Intrinsic Value
Value Reference
Margin of Safety %
Related Companies
Manufacturing - Metal FabricationNews
No news available for TRSG.
Rumor Mill · TRSG
Corporate developments & opportunities
No reviewed developments match this filter.
Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.
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