TRSG · NASDAQ · Manufacturing - Metal Fabrication

Tungray Technologies (TRSG)

Customized industrial automation, welding equipment, and motion systems for OEM customers.

$1.42
vs last close−0.10 (−6.58%)
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Tungray Technologies Inc Class A Ordinary SharesTRSG
Industrials

Builds customized automation and testing systems, induction-welding equipment, and industrial motors for OEM customers. Revenue comes from engineer-to-order contracts and standardized product sales, executed by Singapore and China subsidiaries beneath a Cayman holding company.

Designs and builds customized industrial test and tooling systems, automated assembly equipment, precision-testing equipment, and tooling fixtures. Manufactures high-frequency induction welding, brazing, and hardening equipment alongside direct-drive and linear DC motors and customized motion-platform solutions. Serves OEM customers in semiconductors, printers, electronics, and home appliances through engineering and manufacturing operations in Singapore and mainland China.

Works through an engineer-to-order workflow that converts customer-specific technical requirements into contracts with milestones, pricing, and acceptance provisions, while selling standardized motors and welding equipment. Shares research, product design, marketing, operations, and administration across one operating segment. Depends on operating subsidiaries in Singapore and China, customer acceptance of customized equipment, and cash distributions to a Cayman Islands holding company with no material operations.

Company facts

CEOWanjun Yao
ListedApr 19, 2024
ExchangeNASDAQ
HeadquartersSingapore, Singapore
CountryCayman Islands
Employees240
CIK0001943444
ISINKYG9124M1069

Market cap$24.5M
EPS (ttm)$0.0069
P/E (ttm)220.29
ROE0.6%
P/B1.34
P/S1.78
Dividend yieldDiv yield
Beta0.12vs XLI 0.29

No analyst consensus on record.

EPSReportedEstimate

May '26
Reported−$0.03
Estimate
Surprise

RevenueReportedEstimate

May '26
Reported$6.3M
Estimate$6.3M
Surprise0.0%
Estimate
Reported−$0.03
Estimate$6.3M
Reported$6.3M0.0%
View details

Debt to equity15.90%
Current ratio193.80%

ProfitabilityRevenueNet incomeNet margin

Q2 FY22Q4 FY22Q2 FY23Q4 FY23Q2 FY24Q4 FY24Q2 FY25Q4 FY25
Revenue$4.0M$7.9M$5.4M$9.0M$5.4M$7.4M$7.4M$6.3M
Net income$795.3K$1.3M$232.6K$682.8K−$814.0K$334.0K$550.1K−$436.9K
Net margin19.9%16.6%4.3%7.6%0.0%4.5%7.4%0.0%

GrowthOperating income

Q2 FY22Q4 FY22Q2 FY23Q4 FY23Q2 FY24Q4 FY24Q2 FY25Q4 FY25
Operating income$1.0M$1.3M$121.9K$1.0M−$945.3K$289.2K$280.1K−$404.6K
YoY growth−87.8%−24.5%Turned loss−71.2%Turned profitTurned loss

Balance sheet, Dec 31, 2025Cash & short-term investments $6.6M · Total debt $2.9M · Total assets $29.5M · Shareholders' equity $18.4M

Revenue
$6.3M
Operating income
−$404.6K
Net income
−$436.9K
View details

No dividends on record.

Institutions3.05%499.1K shares
1 holder · as of Jun 30, 2026
Insiders15.41%2.52M shares
1 holder · as of Nov 14, 2024
Other81.54%13.34M shares
remainder

16.36M company shares as of Sep 21, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Jingan TangInsider
15.41%2.52Mfiled Nov 14, 2024
T3 Companies, LLCInstitution
3.05%499,122as of Jun 30, 2026
Pegasus Technologies Holding Ltd.Strategic
5.90% of class, as filedfiled Jul 7, 2025
UXY Technology Ltd.Strategic
13.05% of class, as filedfiled Nov 14, 2024
WG5 Group Ltd.Strategic
8.47% of class, as filedfiled Nov 14, 2024

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

Not reported.