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Tungray Technologies Inc
NASDAQ:TRSG

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Tungray Technologies Inc
NASDAQ:TRSG
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Price: 1.17 USD Market Closed
Market Cap: $19.1m

Gross Margin

45.5%
Current
Improving
by 0.2%
vs 3-y average of 45.3%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
45.5%
=
Gross Profit
$9.2m
/
Revenue
$20.3m

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
45.5%
=
Gross Profit
$9.2m
/
Revenue
$20.3m

Peer Comparison

Country Company Market Cap Gross
Margin
SG
Tungray Technologies Inc
NASDAQ:TRSG
19.1m USD
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CN
Foxconn Industrial Internet Co Ltd
SSE:601138
1.1T CNY
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TW
Hon Hai Precision Industry Co Ltd
TWSE:2317
3.2T TWD
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CH
TE Connectivity Ltd
NYSE:TEL
68.6B USD
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CA
Celestica Inc
TSX:CLS
46.4B CAD
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US
Jabil Inc
NYSE:JBL
29.1B USD
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SG
Flex Ltd
NASDAQ:FLEX
25B USD
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KY
Fabrinet
NYSE:FN
19.4B USD
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TW
FIH Mobile Ltd
F:FW3
11.5B EUR
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CN
Goertek Inc
SZSE:002241
89.9B CNY
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US
Sollensys Corp
OTC:SOLS
12.4B USD
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Market Distribution

Higher than 72% of companies in Singapore
Percentile
72st
Based on 977 companies
72st percentile
45.5%
Low
-1 390 526.2% — 14.7%
Typical Range
14.7% — 43.4%
High
43.4% — 515 258.2%
Distribution Statistics
Singapore
Min -1 390 526.2%
30th Percentile 14.7%
Median 28.1%
70th Percentile 43.4%
Max 515 258.2%

Tungray Technologies Inc
Glance View

Market Cap
19.1m USD
Industry
Electrical Equipment

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.

TRSG Intrinsic Value
HIDDEN
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What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
45.5%
=
Gross Profit
$9.2m
/
Revenue
$20.3m
What is Tungray Technologies Inc's current Gross Margin?

The current Gross Margin for Tungray Technologies Inc is 45.5%, which is above its 3-year median of 45.3%.

How has Gross Margin changed over time?

Over the last 1 years, Tungray Technologies Inc’s Gross Margin has decreased from 46.7% to 45.5%. During this period, it reached a low of 43.7% on Dec 31, 2024 and a high of 46.7% on May 30, 2024.

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