Tungray Technologies Inc Class A ( (TRSG) ) has released a notification of late filing.
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Tungray Technologies Inc Class A has announced a delay in filing its Form 20-F (Yearly Report) for the fiscal year ending December 31, 2024. The company cites the need for additional time to assemble and finalize the necessary information without incurring unreasonable effort and expense. They anticipate filing the report within 15 calendar days following the original due date of April 30, 2025. Importantly, the company does not expect any significant changes in their financial results for the period. Tungray Technologies is committed to maintaining compliance, as evidenced by the signature of their CEO, Wanjun Yao, on the notification.
Spark’s Take on TRSG Stock
According to Spark, TipRanks’ AI Analyst, TRSG is a Neutral.
Tungray Technologies Inc Class A is financially stable with strong revenue growth and a healthy profit margin, although cash flow management requires improvement. Technical analysis suggests a neutral to slightly bearish outlook. Valuation analysis is limited due to missing data, and the earnings call did not provide additional insights. Overall, the stock presents moderate investment appeal with opportunities for improvement in operational and cash flow efficiency.
To see Spark’s full report on TRSG stock, click here.
More about Tungray Technologies Inc Class A
YTD Price Performance: -23.56%
Average Trading Volume: 73,801
Technical Sentiment Signal: Strong Buy
See more insights into TRSG stock on TipRanks’ Stock Analysis page.