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

Loading...

Revenue YoY Change

Loading...

Revenues

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

Expenses

Cost Of Revenues

Loading...

Gross Profit

Loading...

Gross Profit Margin

Loading...

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

Loading...

Research & Development

Loading...

Depreciation, Depletion & Amortization

Loading...

SGA Expense to Gross Profit Ratio

Loading...

R&D To Gross Profit Ratio

Loading...

DDA To Gross Profit Ratio

Loading...

Operating Expenses Total

Loading...

Operating Profits/Loss

Loading...

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

Loading...

Interest Expenses To Operating Income %

Loading...

Other Expense/Income

Loading...

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

Loading...

Income Tax

Loading...

Net Profits/Loss

Loading...

Pretax Income YoY Change

Loading...

Income Tax Rate

Loading...

Net Profits/Loss YoY Change

Loading...

Basic EPS

Loading...

Net Income To Revenue Ratio

Loading...

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

Loading...

Cash & Equivalents

Loading...

Cash To Operating Expenses Ratio

Loading...

Inventory

Loading...

Receivables

Loading...

Total Short-Term Assets

Loading...

Property, Plant And Equipment

Loading...

Long-Term Investments

Loading...

Total Long-Term Assets

Loading...

Total Assets

Loading...

Net Income To Total Assets Percentage

Loading...

Accounts Payable

Loading...

Short-Term Debt

Loading...

Long Term Debt Due

Loading...

Total Short-Term Liabilities

Loading...

Long-Term Debt

Loading...

Other Long-Term Liabilities

Loading...

Total Long-Term Liabilities

Loading...

Total Liabilities

Loading...

Short-Term To Long-Term Debt Ratio

Loading...

Short-Term Assets To Debt Ratio

Loading...

Long-Term Debt To Net Income Ratio

Loading...

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

Loading...

Diluted Shares Outstanding

Loading...

Preferred Stock

Loading...

Treasury Stock Shares

Loading...

Stock Issuance & Repurchase

Loading...

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

Loading...

Book Value

Loading...

Free Cash Flow

Loading...

Free Cash Flow YoY

Loading...

Free Cash Flow Margin

Loading...

Dividends

Dividends

Loading...

Stock Price

Loading...
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.