Tungray Sales General And Administrative To Revenue from 2010 to 2024

TRSG Stock   2.77  0.03  1.07%   
Tungray Technologies' Sales General And Administrative To Revenue is decreasing over the last several years with slightly volatile swings. Sales General And Administrative To Revenue is predicted to flatten to 0.26. During the period from 2010 to 2024 Tungray Technologies Class Sales General And Administrative To Revenue regressed destribution of quarterly values had coefficient of variationof  9.53 and r-value of (0.36). View All Fundamentals
 
Sales General And Administrative To Revenue  
First Reported
2010-12-31
Previous Quarter
0.30618642
Current Value
0.26
Quarterly Volatility
0.03083762
 
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' Sales General And Administrative To Revenue Growth Pattern

Below is the plot of the Sales General And Administrative To Revenue of Tungray Technologies Class over the last few years. It is Tungray Technologies' Sales General And Administrative To 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.
Sales General And Administrative To Revenue10 Years Trend
Slightly volatile
   Sales General And Administrative To Revenue   
       Timeline  

Tungray Sales General And Administrative To Revenue Regression Statistics

Arithmetic Mean0.32
Geometric Mean0.32
Coefficient Of Variation9.53
Mean Deviation0.02
Median0.33
Standard Deviation0.03
Sample Variance0.001
Range0.1281
R-Value(0.36)
Mean Square Error0.0009
R-Squared0.13
Significance0.18
Slope(0)
Total Sum of Squares0.01

Tungray Sales General And Administrative To Revenue History

2023 0.31
2022 0.38
2021 0.26

About Tungray Technologies Financial Statements

Tungray Technologies stakeholders use historical fundamental indicators, such as Tungray Technologies' Sales General And Administrative To 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
Sales General And Administrative To Revenue 0.31  0.26 

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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.