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TRSG (Tungray Technologies) Net Cash per Share : $0.02 (As of Dec. 2023)


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What is Tungray Technologies Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Tungray Technologies's Net Cash per Share for the quarter that ended in Dec. 2023 was $0.02.

The historical rank and industry rank for Tungray Technologies's Net Cash per Share or its related term are showing as below:

TRSG' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 0   Med: 0   Max: 111.25
Current: 111.25

During the past 4 years, the highest Price-to-Net-Cash Ratio of Tungray Technologies was 111.25. The lowest was 0.00. And the median was 0.00.

TRSG's Price-to-Net-Cash is ranked worse than
93.47% of 628 companies
in the Industrial Products industry
Industry Median: 8.79 vs TRSG: 111.25

Tungray Technologies Net Cash per Share Historical Data

The historical data trend for Tungray Technologies's Net Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tungray Technologies Net Cash per Share Chart

Tungray Technologies Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net Cash per Share
-0.36 -0.14 0.20 0.02

Tungray Technologies Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net Cash per Share Get a 7-Day Free Trial -0.14 -0.05 0.20 0.06 0.02

Competitive Comparison of Tungray Technologies's Net Cash per Share

For the Metal Fabrication subindustry, Tungray Technologies's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tungray Technologies's Price-to-Net-Cash Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tungray Technologies's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Tungray Technologies's Price-to-Net-Cash falls into.



Tungray Technologies Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Tungray Technologies's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(10.802-10.649--0.115)/16.25
=0.02

Tungray Technologies's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(10.802-10.649--0.115)/16.25
=0.02

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Tungray Technologies  (NAS:TRSG) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Tungray Technologies Net Cash per Share Related Terms

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Tungray Technologies Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Innovation Place Tower 4, No. 02-01, 31 Mandai Estate, Singapore, SGP, 729933
Tungray Technologies Inc is an engineer-to-order company that provides custom industrial manufacturing solutions to original equipment manufacturers in the semiconductor, printer, electronics, and home appliance industries. It predominantly generates revenue through the manufacture of custom industrial manufacturing solutions, direct drive and linear DC motors, and induction welding equipment. Geographically, the company generates a majority of its revenue from Singapore and the rest from China.