Tungray Cost Of Revenue from 2010 to 2024

TRSG Stock   2.77  0.03  1.07%   
Tungray Technologies' Cost Of Revenue is increasing over the last several years with slightly volatile swings. Cost Of Revenue is predicted to flatten to about 6.2 M. During the period from 2010 to 2024 Tungray Technologies Class Cost Of Revenue regressed destribution of quarterly values had coefficient of variationof  31.24 and r-value of  0.73. View All Fundamentals
 
Cost Of Revenue  
First Reported
2010-12-31
Previous Quarter
7.6 M
Current Value
6.2 M
Quarterly Volatility
1.3 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tungray Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tungray Technologies' main balance sheet or income statement drivers, such as Tax Provision of 561.6 K, Depreciation And Amortization of 221.8 K or Interest Expense of 136.3 K, as well as many indicators such as Price To Sales Ratio of 6.62, Dividend Yield of 0.0159 or PTB Ratio of 7.68. Tungray financial statements analysis is a perfect complement when working with Tungray Technologies Valuation or Volatility modules.
  
Check out the analysis of Tungray Technologies Correlation against competitors.

Latest Tungray Technologies' Cost Of Revenue Growth Pattern

Below is the plot of the Cost Of Revenue of Tungray Technologies Class over the last few years. Cost of Revenue is found on Tungray Technologies income statement and represents the costs associated with goods and services Tungray Technologies provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities. It is Tungray Technologies' Cost Of Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tungray Technologies' overall financial position and show how it may be relating to other accounts over time.
Cost Of Revenue10 Years Trend
Slightly volatile
   Cost Of Revenue   
       Timeline  

Tungray Cost Of Revenue Regression Statistics

Arithmetic Mean4,299,336
Geometric Mean4,142,494
Coefficient Of Variation31.24
Mean Deviation1,076,758
Median3,565,183
Standard Deviation1,343,322
Sample Variance1.8T
Range4.1M
R-Value0.73
Mean Square Error895.9B
R-Squared0.54
Significance0
Slope220,525
Total Sum of Squares25.3T

Tungray Cost Of Revenue History

20246.2 M
20237.6 M
20225.2 M
20216.3 M

About Tungray Technologies Financial Statements

Tungray Technologies stakeholders use historical fundamental indicators, such as Tungray Technologies' Cost Of Revenue, to determine how well the company is positioned to perform in the future. Although Tungray Technologies investors may analyze each financial statement separately, they are all interrelated. For example, changes in Tungray Technologies' assets and liabilities are reflected in the revenues and expenses on Tungray Technologies' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Tungray Technologies Class. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cost Of Revenue7.6 M6.2 M

Currently Active Assets on Macroaxis

When determining whether Tungray Technologies is a strong investment it is important to analyze Tungray Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Tungray Technologies' future performance. For an informed investment choice regarding Tungray Stock, refer to the following important reports:
Check out the analysis of Tungray Technologies Correlation against competitors.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tungray Technologies. If investors know Tungray will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tungray Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.48)
Earnings Share
0.07
Revenue Per Share
0.958
Quarterly Revenue Growth
0.147
Return On Assets
0.0267
The market value of Tungray Technologies is measured differently than its book value, which is the value of Tungray that is recorded on the company's balance sheet. Investors also form their own opinion of Tungray Technologies' value that differs from its market value or its book value, called intrinsic value, which is Tungray Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tungray Technologies' market value can be influenced by many factors that don't directly affect Tungray Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tungray Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tungray Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tungray Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.