Tungray Technologies

Tungray Technologies ROA

The Return on Assets (ROA) of Tungray Technologies (TRSG) as of Oct 28, 2026 is -1.60 %. In the previous year, Return on Assets (ROA) was 3.17 % — a change of -150.69% (lower).

ROA

-1.60 %

YoY

-150.69%

Last updated:

In 2024, Tungray Technologies's return on assets (ROA) was -1.60 %, a -150.69% increase from the 3.17 % ROA in the previous year.

The Tungray Technologies ROA history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROA
Date
ROA
Jan 1, 2021
16.67 USD
Jan 1, 2022
10.95 USD
Jan 1, 2023
3.17 USD
Jan 1, 2024
-1.60 USD
The Tungray Technologies ROA history
YEARROAYoY
-1.60 %-150.69%
3.17 %-71.09%
10.95 %-34.28%
16.67 %—

Access this data via the Eulerpool API

100,000 free requests/mo · no credit card

Tungray Technologies Stock analysis

What does Tungray Technologies do? Tungray Technologies Inc generates revenue through its three business lines: customized industrial manufacturing solutions for OEMs in semiconductors, printers, electronics, and home appliances; direct drive and linear DC motors; and induction welding equipment manufacturing. The company serves OEMs across multiple sectors, with its Singapore subsidiary handling R&D and prototype assembly, while its China subsidiary supports component production and high-volume manufacturing. Qingdao Tungray Intelligent Co., Ltd and Qingdao Tongri Electric Machines Co., Ltd specialize in high-frequency induction welding equipment and industrial-grade motors, respectively, contributing to the company's product portfolio. The company's revenue streams are derived from engineering-to-order contracts, where it delivers tailored manufacturing solutions to clients in the semiconductor, printer, electronics, and home appliance industries. Its subsidiaries in China provide cost-effective manufacturing support, including component production and high-volume orders, while the Singapore subsidiary focuses on innovation and prototyping. This structure allows Tungray to serve global OEMs with both specialized equipment and scalable production capabilities. Tungray Technologies Inc's business model relies on direct contracts with OEMs seeking customized manufacturing solutions, leveraging its subsidiaries' specialized capabilities in welding equipment and motor manufacturing. The company's revenue is generated through the sale of bespoke industrial solutions, motors, and welding equipment, with manufacturing support provided by its China-based subsidiaries for cost efficiency and scalability. Tungray Technologies is one of the most popular companies on Eulerpool.

ROA Details

Understanding Tungray Technologies's Return on Assets (ROA)

Tungray Technologies's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Tungray Technologies's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Tungray Technologies's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Tungray Technologies’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Tungray Technologies stock

Return on Assets (ROA) of Tungray Technologies is -1.60 % in 2024.

Return on Assets (ROA) of Tungray Technologies changed from 3.17 % to -1.60 %, representing a -150.69% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Return on Assets (ROA) Tungray Technologies since 2006 – with annual values, charts, and detailed analysis.

Return on Assets, also known as ROA, is a financial metric used to measure a company's profitability. It is used to determine how effectively a company uses its assets to generate profits. It is also referred to as the ratio of net income to total assets. ROA is an important indicator of a company's overall financial performance as it measures the company's ability to generate more profit from the assets it employs.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Assets (ROA)'s Tungray Technologies with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Assets (ROA)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Assets (ROA).

Access this data via the Eulerpool API

100,000 free requests/mo · no credit card

Profitability — Tungray Technologies

All Key Metrics — Tungray Technologies