1.23
+6.96%
Close of 9 Nov 2026, in USD
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
About Tungray Technologies
Its shares trade under the ticker TRSG. It has been listed since 19 April 2024. In the fiscal year to 31 December 2024, it reported revenue of $12.8m and a net loss of $480,000. At that date it held total assets of $29.9m and shareholders' equity of $17.4m.
Tungray Technologies Inc is a SG-based company operating in Electronic Equipment, Instruments & Components industry. The company employs 170 full-time employees The company went IPO on 2024-04-19. Tungray Technologies Inc. is an engineer-to-order (ETO) company. The firm provides customized industrial manufacturing solutions to Original Equipment Manufacturers (OEMs) in the semiconductors, printers, electronics, and home appliances sectors. Its three business lines consist of customized industrial manufacturing solutions, direct drive and linear direct current (DC) motors and induction welding equipment manufacturing. Its Singapore subsidiaries provides research, development and assembling of solution prototypes, while the China subsidiary provides manufacturing support for necessary component production or delivers certain high-volume solution manufacturing purchases. Its subsidiaries, Qingdao Tungray Intelligent Co., Ltd and Qingdao Tongri Electric Machines Co., Ltd, are specialized in the design and manufacturing of self-contained, high-frequency induction welding equipment. Its other subsidiary designs and manufactures industrial-grade direct drive and linear DC motors.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Information Technology
- Industry
- Electronic Equipment, Instruments & Components
- Listed since
- 19 Apr 2024
- Employees
- 170
- Head office
- #02-01, 31 MANDAI ESTATE, SINGAPORE, U0, 729933
- Incorporated in
- E9
- Classification
- Construction, Mining & Materials Handling Machinery & Equip
- Filer status
- Non-accelerated filer<br>Emerging growth company
Leadership
Pay as last reported
- Mr. Wanjun YaoChairman of the Board, Chief Executive Officer
- Mr. Qi GuoChief Financial Officer
- Mr. Lei YaoChief Technology Officer
- Mr. Wee Thuang LeeChief Marketing Officer
- Mr. Jingan TangDirector
- Mr. Ping LiIndependent Director Nominee
- Mr. Weston TwiggIndependent Director Nominee
- Mr. Kevin VassilyIndependent Director Nominee
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Tungray Technologies Inc employs 170 full-time employees in Singapore for customized industrial manufacturing solutions.
- The company's subsidiaries in Qingdao specialize in high-frequency induction welding equipment design and manufacturing.
- Tungray's direct drive and linear DC motors are manufactured for industrial applications in semiconductors and electronics sectors.
Weaknesses
- Tungray Technologies Inc's IPO occurred on 19 April 2024, indicating recent market entry.
- The company relies on China subsidiaries for high-volume manufacturing support and component production.
- Tungray's business model depends on OEMs in semiconductors, printers, electronics, and home appliances sectors.
Opportunities
- Tungray's Singapore subsidiary focuses on R&D for solution prototypes in industrial manufacturing.
- The company's Qingdao subsidiaries provide manufacturing support for high-volume solution production.
- Tungray's ETO model allows for tailored solutions in semiconductor and electronics industries.
Threats
- Tungray Technologies Inc faces competition from other ETO companies in the semiconductor sector.
- The company's reliance on China for manufacturing may pose supply chain risks.
- Tungray's business is tied to OEMs in volatile sectors like electronics and home appliances.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.