Tungray Historical Income Statement
| TRSG Stock | 2.80 0.24 7.89% |
Historical analysis of Tungray Technologies income statement accounts such as Selling And Marketing Expenses of 505.2 K, Total Revenue of 12.7 M, Gross Profit of 6.5 M or Other Operating Expenses of 10.5 M can show how well Tungray Technologies Class performed in making a profits. Evaluating Tungray Technologies income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Tungray Technologies's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Tungray Technologies latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Tungray Technologies is a good buy for the upcoming year.
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About Tungray Income Statement Analysis
Tungray Technologies Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Tungray Technologies shareholders. The income statement also shows Tungray investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Tungray Technologies Income Statement Chart
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Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Total Revenue
Total revenue comprises all receipts Tungray Technologies generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Most accounts from Tungray Technologies' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Tungray Technologies current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tungray Technologies Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. At this time, Tungray Technologies' Operating Income is most likely to increase significantly in the upcoming years. The Tungray Technologies' current EBIT is estimated to increase to about 1.7 M, while Depreciation And Amortization is projected to decrease to roughly 221.8 K.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 190.0K | 35.7K | 160.7K | 136.3K | Depreciation And Amortization | 411.5K | 259.9K | 233.3K | 221.8K |
Tungray Technologies income statement Correlations
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Tungray Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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 World Market Map to better understand how to build diversified portfolios, which includes a position in Tungray Technologies Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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.