Tungray Technologies Inc Class A Ordinary Shares logo

Tungray Technologies Inc Class A Ordinary Shares

TRSG

NASDAQIndustrialsManufacturing - Metal Fabrication

Previous close

$1.44

−$0.058 · -3.87%

Aug 21, 4:00 PM ET

TRSG company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

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Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

11

Overpriced

Momentum

54

Neutral

Sentiment

53

Mixed

Risk resilience

43

Elevated Risk

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Company profile

Company website

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. Their extensive research and development efforts further encompass induction brazing and hardening equipment, automatic welding solutions, and a full spectrum of linear and DD motors, which they also design and produce. Additionally, the company innovates and markets intelligent robotic systems and sophisticated storage equipment, alongside offering installation services for industrial machinery and undertaking mechanical engineering projects. Tungray primarily serves original equipment manufacturers (OEMs) within critical sectors like semiconductors, printing, consumer electronics, and domestic appliances. Established in 2022, Tungray Technologies Inc. is headquartered in Singapore and functions as a subsidiary of Pegasus Automation Limited.

Industry
Manufacturing - Metal Fabrication
Sector
Industrials
Headquarters
SG
CEO
Wanjun Yao
Listed since
Apr 19, 2024
Employees
240

Market position

Day range

Current $1.44

52-week range

Current $1.44

Open
$1.3801
Previous close
$1.498
Volume
1.11K
0.14× average
Average volume
7.82K
Average daily volume
Market cap
23.55M USD
Beta
0.06
Market reference 1
50-day average
$1.5114
-4.73% below average
200-day average
$1.3096
+9.96% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
208.7×
P/B (TTM)
1.28×
P/S (TTM)
1.71×
Dividend yield
0.00%

Profitability & efficiency

Gross margin
46.24%
Operating margin
-0.90%
Net margin
0.82%

Financial health

Debt / equity
0.16×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends62%38%13%-11%Gross margin, FY2021: 51.91%Gross margin, FY2022: 56.30%Gross margin, FY2023: 46.73%Gross margin, FY2024: 43.70%Gross margin, FY2025: 45.91%Operating margin, FY2021: 26.85%Operating margin, FY2022: 19.67%Operating margin, FY2023: 7.83%Operating margin, FY2024: -5.12%Operating margin, FY2025: -1.55%Net margin, FY2021: 23.53%Net margin, FY2022: 17.71%Net margin, FY2023: 5.96%Net margin, FY2024: -3.75%Net margin, FY2025: -0.09%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 51.91%. Gross margin FY2022 56.30%. Gross margin FY2023 46.73%. Gross margin FY2024 43.70%. Gross margin FY2025 45.91%. Operating margin FY2021 26.85%. Operating margin FY2022 19.67%. Operating margin FY2023 7.83%. Operating margin FY2024 -5.12%. Operating margin FY2025 -1.55%. Net margin FY2021 23.53%. Net margin FY2022 17.71%. Net margin FY2023 5.96%. Net margin FY2024 -3.75%. Net margin FY2025 -0.09%.

Income trends

Revenue

11.96M USD-6.66%

Operating income

−185.07K USD+71.79%

Net income

−10.27K USD+97.86%
Income trends across reported periods15.86M USD9.86M USD3.85M USD−2.16M USDRevenue, FY2021: 13M USDRevenue, FY2022: 11.85M USDRevenue, FY2023: 14.36M USDRevenue, FY2024: 12.81M USDRevenue, FY2025: 11.96M USDOperating income, FY2021: 3.49M USDOperating income, FY2022: 2.33M USDOperating income, FY2023: 1.12M USDOperating income, FY2024: −656.1K USDOperating income, FY2025: −185.07K USDNet income, FY2021: 3.06M USDNet income, FY2022: 2.1M USDNet income, FY2023: 856.54K USDNet income, FY2024: −480.02K USDNet income, FY2025: −10.27K USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 13M USD. Revenue FY2022 11.85M USD. Revenue FY2023 14.36M USD. Revenue FY2024 12.81M USD. Revenue FY2025 11.96M USD. Operating income FY2021 3.49M USD. Operating income FY2022 2.33M USD. Operating income FY2023 1.12M USD. Operating income FY2024 −656.1K USD. Operating income FY2025 −185.07K USD. Net income FY2021 3.06M USD. Net income FY2022 2.1M USD. Net income FY2023 856.54K USD. Net income FY2024 −480.02K USD. Net income FY2025 −10.27K USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue11.96M USD12.81M USD14.36M USD11.85M USD13M USD
Cost of goods sold6.47M USD7.21M USD7.65M USD5.18M USD6.25M USD
Gross profit5.49M USD5.6M USD6.71M USD6.67M USD6.75M USD
Research and development746.26K USD1.06M USD791.76K USD601.32K USD498.09K USD
Selling, general, and administrative6.44M USD5.19M USD4.82M USD5.15M USD3.71M USD
Operating expenses5.68M USD6.25M USD5.61M USD4.34M USD3.26M USD
Interest income122.23K USD
Interest expense63.51K USD160.74K USD35.7K USD189.97K USD
Depreciation and amortization585.12K USD649.34K USD233.27K USD259.94K USD411.51K USD
Operating income−185.07K USD−656.1K USD1.12M USD2.33M USD3.49M USD
Net income−10.27K USD−480.02K USD856.54K USD2.1M USD3.06M USD

Company facts updated Aug 24, 2026.

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