TRSG
Tungray Technologies Inc Class A Ordinary Shares
NASDAQ: TRSG · INDUSTRIALS · METAL FABRICATION
$1.28
+4.92% today
Updated 2026-04-30
Market cap
$20.27M
P/E ratio
24.79
P/S ratio
1.30x
EPS (TTM)
$0.05
Dividend yield
—
52W range
$1 – $2
Volume
0.0M
Tungray Technologies Inc Class A Ordinary Shares (TRSG) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $6.89M | $13.00M | $11.85M | $14.36M | $12.81M |
| Revenue growth (YoY) | — | +88.6% | -8.9% | +21.3% | -10.8% |
| Cost of revenue | $3.57M | $6.25M | $5.18M | $7.63M | $7.21M |
| Gross profit | $3.33M | $6.75M | $6.67M | $6.74M | $5.60M |
| Gross margin | 48.3% | 51.9% | 56.3% | 46.9% | 43.7% |
| R&D | $227394.00 | $498085.00 | $601318.00 | $791762.00 | $1.06M |
| SG&A | $2.29M | $3.32M | $4.54M | $4.40M | $4.59M |
| Operating income | $1.14M | $3.49M | $2.33M | $1.12M | $-656100.00 |
| Operating margin | 16.6% | 26.8% | 19.7% | 7.8% | -5.1% |
| EBITDA | $1.53M | $4.14M | $2.59M | $1.36M | $-6760.00 |
| EBITDA margin | 22.2% | 31.8% | 21.9% | 9.5% | -0.1% |
| EBIT | $1.33M | $3.72M | $2.33M | $1.12M | $-656100.00 |
| Interest expense | $295113.00 | $189966.00 | $35699.00 | $160735.00 | $160735.00 |
| Income tax | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $886566.00 | $3.06M | $2.10M | $915422.00 | $-480019.00 |
| Net income growth (YoY) | — | +244.9% | -31.4% | -56.4% | -152.4% |
| Profit margin | 12.9% | 23.5% | 17.7% | 6.4% | -3.7% |