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RAYA (Erayak Power Solution Group) Other Income (Expense) : $0.19 Mil (TTM As of Jun. 2024)


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What is Erayak Power Solution Group Other Income (Expense)?

Erayak Power Solution Group's other income expense for the Erayak Power Solution Group's pretax income for the six months ended in Jun. 2024 was $0.22 Mil. Its other income expense for the trailing twelve months (TTM) ended in Jun. 2024 was $0.19 Mil.

Erayak Power Solution Group Other Income (Expense) Historical Data

The historical data trend for Erayak Power Solution Group's Other Income (Expense) 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.

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Erayak Power Solution Group Other Income (Expense) Chart

Erayak Power Solution Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Other Income (Expense)
0.32 0.31 0.47 0.14 -0.03

Erayak Power Solution Group Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Other Income (Expense) Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.03 - -0.03 0.22

Erayak Power Solution Group Other Income (Expense) Calculation

Other income expense includes minority interest. Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company.

Other Income (Expense) for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.19 Mil.

* 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.

Erayak Power Solution Group  (NAS:RAYA) Other Income (Expense) Explanation

Minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

Erayak Power Solution Group Business Description

Industry
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Traded in Other Exchanges
N/A
Address
No. 528, 4th Avenue, Binhai Industrial Park, Zhejiang Province, Wenzhou, CHN, 325025
Website
https://www.erayakpower.com
Erayak Power Solution Group Inc engages in manufacturing, research and development, and wholesale and retail of power solution products. Its product portfolio includes sine wave and off-grid inverters, inverter and gasoline generators, battery, and smart chargers, and custom-designed products. It derives the majority revenue from three products namely inverters, chargers, and gasoline generators. The company geographically operates in China, Australia, Poland, U.K., and Germany. It derives maximum revenue from China.