Tungray Technologies Past Earnings Performance
Past criteria checks 1/6
Tungray Technologies's earnings have been declining at an average annual rate of -22.2%, while the Electronic industry saw earnings growing at 13.7% annually. Revenues have been growing at an average rate of 1.7% per year. Tungray Technologies's return on equity is 5%, and it has net margins of 6.4%.
Key information
-22.2%
Earnings growth rate
-22.2%
EPS growth rate
| Electronic Industry Growth | 15.3% |
| Revenue growth rate | 1.7% |
| Return on equity | 5.0% |
| Net Margin | 6.4% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Revenue & Expenses Breakdown
How Tungray Technologies makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 14 | 1 | 5 | 1 |
| 30 Sep 23 | 14 | 1 | 5 | 1 |
| 30 Jun 23 | 13 | 2 | 5 | 1 |
| 31 Mar 23 | 15 | 2 | 5 | 1 |
| 31 Dec 22 | 16 | 3 | 5 | 1 |
| 30 Sep 22 | 18 | 3 | 5 | 1 |
| 30 Jun 22 | 19 | 4 | 5 | 1 |
| 31 Mar 22 | 18 | 4 | 4 | 1 |
| 31 Dec 21 | 17 | 4 | 4 | 1 |
| 31 Dec 20 | 10 | 1 | 3 | 0 |
Quality Earnings: TRSG has high quality earnings.
Growing Profit Margin: TRSG's current net profit margins (6.4%) are lower than last year (17.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if TRSG's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: TRSG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TRSG had negative earnings growth (-68.4%) over the past year, making it difficult to compare to the Electronic industry average (-1.8%).
Return on Equity
High ROE: TRSG's Return on Equity (5%) is considered low.