Tungray Technologies Inc Class A Ordinary Shares (TRSG) — Tangible Net Worth Ratio
Tungray Technologies Inc Class A Ordinary Shares (TRSG) has a Tangible Net Worth Ratio of 98.7% as of March 2026. This metric is calculated by deducting intangible assets ($241.83K) from net assets ($18.03 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore Tungray Technologies Inc Class A Ordinar net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tungray Technologies Inc Class A Ordinary Shares Tangible Net Worth Ratio (2021–2026)
This chart shows how Tungray Technologies Inc Class A Ordinary Shares's Tangible Net Worth Ratio has changed across 6 annual periods from 2021 to 2026. As of March 2026, the ratio stands at 98.7%, reflecting net assets of $18.03 Million with intangible assets of $241.83K USD. For live market cap and overall valuation, see market cap of Tungray Technologies Inc Class A Ordinar.
Annual Tangible Net Worth Ratio for Tungray Technologies Inc Class A Ordinary Shares (2021–2026)
The table below presents the year-by-year Tangible Net Worth Ratio for Tungray Technologies Inc Class A Ordinary Shares from 2021 to 2026, covering 6 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore TRSG capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 98.7% | $18.03 Million | $241.83K | $29.51 Million | ▲ +10.5 pp |
| 2025 | 88.1% | $17.26 Million | $2.05 Million | $29.91 Million | ▼ -11.5 pp |
| 2024 | 99.7% | $16.22 Million | $55.84K | $26.87 Million | ▼ 0.0 pp |
| 2023 | 99.7% | $11.39 Million | $33.94K | $19.25 Million | ▲ +0.2 pp |
| 2022 | 99.5% | $9.34 Million | $49.14K | $19.13 Million | ▲ +0.5 pp |
| 2021 | 99.0% | $6.25 Million | $63.96K | $14.35 Million | — |