GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Erayak Power Solution Group Inc (NAS:RAYA) » Definitions » Revenue

RAYA (Erayak Power Solution Group) Revenue : $22.82 Mil (TTM As of Jun. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Erayak Power Solution Group Revenue?

Erayak Power Solution Group's revenue for the six months ended in Jun. 2024 was $11.94 Mil. Its revenue for the trailing twelve months (TTM) ended in Jun. 2024 was $22.82 Mil. Erayak Power Solution Group's Revenue per Share for the six months ended in Jun. 2024 was $0.80. Its Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2024 was $1.71.

Warning Sign:

Erayak Power Solution Group Inc revenue per share is in decline over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Erayak Power Solution Group was -15.80% per year. During the past 3 years, the average Revenue per Share Growth Rate was 12.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 5 years, Erayak Power Solution Group's highest 3-Year average Revenue per Share Growth Rate was 58.00% per year. The lowest was 12.90% per year. And the median was 35.45% per year.


Erayak Power Solution Group Revenue Historical Data

The historical data trend for Erayak Power Solution Group's Revenue 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.

Erayak Power Solution Group Revenue Chart

Erayak Power Solution Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
8.95 14.12 18.63 26.91 20.32

Erayak Power Solution Group Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.48 15.43 9.45 10.87 11.94

Competitive Comparison of Erayak Power Solution Group's Revenue

For the Electrical Equipment & Parts subindustry, Erayak Power Solution Group's Revenue, along with its competitors' market caps and Revenue 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.


Erayak Power Solution Group's Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Erayak Power Solution Group's Revenue distribution charts can be found below:

* The bar in red indicates where Erayak Power Solution Group's Revenue falls into.



Erayak Power Solution Group Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue 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 $22.82 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) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Erayak Power Solution Group Revenue Related Terms

Thank you for viewing the detailed overview of Erayak Power Solution Group's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Erayak Power Solution Group Business Description

Traded in Other Exchanges
N/A
Address
No. 528, 4th Avenue, Binhai Industrial Park, Zhejiang Province, Wenzhou, CHN, 325025
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.