Tungray Total Revenue from 2010 to 2024

TRSG Stock   3.04  0.24  8.57%   
Tungray Technologies' Total Revenue is increasing over the last several years with slightly volatile swings. Total Revenue is predicted to flatten to about 12.7 M. Total Revenue is the total amount of income generated by the sale of goods or services related to Tungray Technologies' primary operations. View All Fundamentals
 
Total Revenue  
First Reported
2010-12-31
Previous Quarter
14.4 M
Current Value
12.7 M
Quarterly Volatility
2.8 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' Total Revenue Growth Pattern

Below is the plot of the Total Revenue of Tungray Technologies Class over the last few years. Total revenue comprises all receipts Tungray Technologies generated from the sale of its products or services. It is the total amount of income generated by the sale of goods or services related to the company's primary operations. Tungray Technologies' Total 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.
Total Revenue10 Years Trend
Slightly volatile
   Total Revenue   
       Timeline  

Tungray Total Revenue Regression Statistics

Arithmetic Mean8,513,285
Geometric Mean8,152,967
Coefficient Of Variation33.17
Mean Deviation2,377,347
Median6,892,366
Standard Deviation2,824,259
Sample Variance8T
Range7.5M
R-Value0.76
Mean Square Error3.6T
R-Squared0.58
Significance0.001
Slope480,366
Total Sum of Squares111.7T

Tungray Total Revenue History

202412.7 M
202314.4 M
202211.8 M
202113 M

About Tungray Technologies Financial Statements

Tungray Technologies stakeholders use historical fundamental indicators, such as Tungray Technologies' Total 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
Total Revenue14.4 M12.7 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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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.