v3.26.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2025
Dec. 31, 2024
CURRENT ASSETS    
Cash $ 6,624,600 $ 8,968,814
Restricted cash 19,129 503,544
Accounts and notes receivable, net 3,482,173 2,393,902
Accounts receivable - related parties 82,483 327,556
Inventories, net 3,350,016 2,206,329
Prepayments, net 594,705 726,991
Prepayments - related parties, net 3,004,775 3,815,321
Other receivables and other current assets, net 345,402 507,523
Other receivables - related parties 1,196,351 320,447
Total current assets 18,699,634 19,770,427
NON-CURRENT ASSETS    
Prepaid expenses and deposits 29,173 79,088
Prepayment for land use right 0 1,987,685
Long-term investment 2,273,486 205,499
Operating right-of-use assets and land use rights 1,134,532 1,411,033
Finance right-of-use assets 0 221,847
Intangible assets, net 241,831 59,148
Property and equipment, net 7,133,587 6,173,176
Total non-current assets 10,812,609 10,137,476
Total assets 29,512,243 29,907,903
CURRENT LIABILITIES    
Accounts payable 1,857,160 1,359,244
Accounts payable - related parties 230,694 79,988
Contract liabilities 3,153,875 6,115,315
Accrued expenses and other payables 1,911,266 1,450,005
Other payables - related parties 791,887 338,453
Current portion of banking facilities 93,404 80,588
Short-term loans - banks 714,990 0
Current portion of operating lease liabilities 218,229 184,201
Current portion of operating lease liabilities - related party 118,107 168,551
Current portion of finance lease liabilities 0 123,762
Taxes payable 557,204 703,264
Total current liabilities 9,646,816 10,603,371
NON-CURRENT LIABILITIES    
Banking facilities 1,182,914 1,161,174
Operating lease liabilities 551,895 692,329
Operating lease liabilities - related party 38,897 190,752
Deferred revenue 57,199 0
Total non-current liabilities 1,830,905 2,044,255
Total liabilities 11,477,721 12,647,626
SHAREHOLDERS' EQUITY    
Additional paid-in capital 3,103,802 3,135,124
Retained earnings 15,037,127 15,050,543
Statutory reserves 248,761 248,761
Accumulated other comprehensive loss (22,020) (1,012,187)
Total Tungray Technologies Inc shareholders' equity 18,369,305 17,423,876
NONCONTROLLING INTERESTS (334,783) (163,599)
TOTAL EQUITY 18,034,522 17,260,277
Total liabilities and equity 29,512,243 29,907,903
Common Class A    
SHAREHOLDERS' EQUITY    
Ordinary Shares, Value 1,179 1,179
TOTAL EQUITY 1,179 1,179
Common Class B    
SHAREHOLDERS' EQUITY    
Ordinary Shares, Value 456 456
TOTAL EQUITY $ 456 $ 456