Financial Snapshot

Revenue
$36.05M
TTM
Gross Margin
52.3%
TTM
Net Earnings
$4.041M
TTM
Current Assets
Q4 2023
Current Liabilities
Q4 2023
Current Ratio
221.96%
Q4 2023
Total Assets
Q4 2023
Total Liabilities
Q4 2023
Book Value
$16.22M
Q4 2023
Cash
Q4 2023
P/E
10.81
Nov 29, 2024 EST
Free Cash Flow
$3.862M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2023 2022 2021
Revenue $14.36M $16.33M $17.47M
YoY Change -12.07% -6.49%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept 2023 2022 2021
Revenue $14.36M $16.33M $17.47M
Cost Of Revenue $7.626M $7.138M $8.400M
Gross Profit $6.736M $9.197M $9.068M
Gross Profit Margin 46.9% 56.3% 51.91%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept 2023 2022 2021
Selling, General & Admin $4.819M $5.155M $3.709M
YoY Change -6.51% 38.98%
% of Gross Profit 71.55% 56.05% 40.9%
Research & Development $791.8K $829.2K $669.4K
YoY Change -4.52% 23.88%
% of Gross Profit 11.75% 9.02% 7.38%
Depreciation & Amortization $218.1K $128.5K $207.8K
YoY Change 69.74% -38.14%
% of Gross Profit 3.24% 1.4% 2.29%
Operating Expenses $5.611M $5.984M $4.378M
YoY Change -6.23% 36.67%
Operating Profit $1.125M $3.213M $4.690M
YoY Change -64.99% -31.5%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept 2023 2022 2021
Interest Expense -$160.7K -$35.70K -$190.0K
YoY Change 350.25% -81.21%
% of Operating Profit -14.29% -1.11% -4.05%
Other Income/Expense, Net $195.0K $186.7K $125.4K
YoY Change 4.42% 48.93%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2023 2022 2021
Pretax Income $1.320M $3.399M $4.815M
YoY Change -61.18% -29.4%
Income Tax $504.2K $517.3K $706.7K
% Of Pretax Income 38.2% 15.22% 14.68%
Net Earnings $915.4K $2.892M $4.110M
YoY Change -68.35% -29.62%
Net Earnings / Revenue 6.37% 17.71% 23.53%
Basic Earnings Per Share $0.06 $0.19 $0.27
Diluted Earnings Per Share $0.06 $0.19 $0.27

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2023 2022 2021
Cash & Short-Term Investments $10.80M $13.13M $11.34M
YoY Change -17.73% 15.82%
Cash & Equivalents $10.80M $13.13M $11.34M
Short-Term Investments
Other Short-Term Assets $1.325M $632.5K $873.8K
YoY Change 109.46% -27.62%
Inventory $2.284M $1.405M $1.845M
Prepaid Expenses
Receivables $3.575M $2.420M $3.247M
Other Receivables $543.0K $272.0K $1.340M
Total Short-Term Assets $18.53M $17.86M $18.64M
YoY Change 3.75% -4.2%
Property, Plant & Equipment $6.857M $6.912M $7.031M
YoY Change -0.79% -1.69%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $211.3K $217.5K
YoY Change -2.86%
Other Assets $1.216M $797.4K $65.79K
YoY Change 52.48% 1112.02%
Total Long-Term Assets $8.340M $7.961M $7.146M
YoY Change 4.77% 11.4%
Total Assets $26.87M $25.82M $25.79M
YoY Change
Accounts Payable $1.547M $1.211M $1.641M
YoY Change 27.76% -26.22%
Accrued Expenses $1.198M $927.6K $798.9K
YoY Change 29.12% 16.11%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $453.8K $491.2K
YoY Change -100.0% -7.61%
Long-Term Debt Due $140.2K $379.7K $753.1K
YoY Change -63.09% -49.58%
Total Short-Term Liabilities $8.348M $7.684M $9.483M
YoY Change 8.64% -18.97%
Long-Term Debt $1.951M $2.373M $3.196M
YoY Change -17.77% -25.74%
Other Long-Term Liabilities $350.1K $490.0K $519.7K
YoY Change -28.56% -5.71%
Total Long-Term Liabilities $2.301M $2.863M $3.715M
YoY Change -19.62% -22.94%
Total Liabilities $10.53M $10.53M $13.20M
YoY Change 0.02% -20.19%

Ownership

Basic Shares Outstanding

No data

Diluted Shares Outstanding

No data

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

Ownership Data

Concept 2023 2022 2021
Basic Shares Outstanding 15.00M 15.00M 15.00M
Diluted Shares Outstanding 15.00M 15.00M 15.00M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

Market Cap: $43.661 Million

About Tungray Technologies Inc

Tungray Technologies Inc is a SG-based company operating in Electronic Equipment, Instruments & Components industry. The company employs 170 full-time employees The company went IPO on 2024-04-19. Tungray Technologies Inc. is an engineer-to-order (ETO) company. The firm provides customized industrial manufacturing solutions to Original Equipment Manufacturers (OEMs) in the semiconductors, printers, electronics, and home appliances sectors. Its three business lines consist of customized industrial manufacturing solutions, direct drive and linear direct current (DC) motors and induction welding equipment manufacturing. Its Singapore subsidiaries provides research, development and assembling of solution prototypes, while the China subsidiary provides manufacturing support for necessary component production or delivers certain high-volume solution manufacturing purchases. Its subsidiaries, Qingdao Tungray Intelligent Co., Ltd and Qingdao Tongri Electric Machines Co., Ltd, are specialized in the design and manufacturing of self-contained, high-frequency induction welding equipment. Its other subsidiary designs and manufactures industrial-grade direct drive and linear DC motors.

Industry: Construction, Mining & Materials Handling Machinery & Equip Peers: FLEX LTD.