Tungray Technologies Inc
What Do They Do?
Builds customized industrial manufacturing solutions, direct-drive and linear DC motors, and induction welding equipment for electronics and semiconductor makers, printer manufacturers, and home-appliance manufacturers.
20-F for FY2025, filed Apr 23, 2026We are an engineer-to-order (“ETO”) company that provides customized industrial manufacturing solutions to Original Equipment Manufacturers…View ↗
Our capabilities in this field are the result of more than a decade of experience in completing various ETO projects. We mainly generate…View ↗
Our customers include industry-leading OEMs in the printer, electronics in Singapore and home appliance manufacturing sectors in China.View ↗
How Do They Make Money?
Customers pay for standard products when delivered, and for customized equipment after delivery, any specified installation, and customer acceptance. Contract payments are typically made in stages, starting when the sales contract is signed and continuing before and after delivery.
20-F for FY2025, filed Apr 23, 2026The payment terms usually include, but are not limited to, the following billing stages: 1) signing of the sales contract, approximately…View ↗
The company recognizes revenue from standard products using following 5 steps model: 1) Identify the contract with a customer: each sale is…View ↗
The company recognizes revenue from customized products using following 5 steps model: 1) Identify the contract with a customer: contracts…View ↗
F-15 is allocated to the customized product. 5) Recognize revenue when the performance obligation is satisfied: revenue is recognized at…View ↗
$15.6M
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20-F for FY2025, filed Apr 23, 2026
$15.6M ↗
Who Are Their Customers?
Sells directly through its own sales force to original equipment manufacturers in the printer, electronics, semiconductor, and home appliance sectors.
20-F for FY2025, filed Apr 23, 2026We are an engineer-to-order (“ETO”) company that provides customized industrial manufacturing solutions to Original Equipment Manufacturers…View ↗
Our customers include industry-leading OEMs in the printer, electronics in Singapore and home appliance manufacturing sectors in China.View ↗
We market and sell our products through our direct sales force that is made up of our own employees.View ↗
20-F for FY2025, filed Apr 23, 2026
For the year ended December 31, 2025, one customer accounted for 48.7% of the Company’s total revenues. For the year ended December 31…View ↗
Do Revenues Turn Into Profits?
No. It lost $170.3K in FY2025.
20-F for FY2025, filed Apr 23, 2026
20-F for FY2025, filed Apr 23, 2026
−$241.8KView ↗
20-F for FY2025, filed Apr 23, 2026
−$170.3KView ↗
20-F for FY2025, filed Apr 23, 2026
−$3.8MView ↗
Who Do They Compete With?
Competes with Sigma Design & Engineering, Qingdao Zhihe Precision Technology, Yokokawa Robotics, Xiamen Inker Induction, and Xinchang Kechuang Automation Equipment
20-F for FY2025, filed Apr 23, 2026In the ETO industrial manufacturing solutions market, we believe Sigma Design & Engineering Pte Ltd is our main competitor. The company…View ↗
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