RAYA
Price:
$4.1337
Market Cap:
$3.53M
Erayak Power Solution Group Inc., through its subsidiaries, engages in the research and development, manufacture, 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. The company's products are used in agricultural and industrial vehicles, recreational vehicles, electrical appliances, and outdoor living products. It operates in the People's Republic of China, France, Poland, Mexico, and the United Kingdom. The company was founded in 2009 and is based in Wenzhou, the People's Republic of China. Erayak Power Solution Group Inc. operates as...[Read more]
Industry
Electrical Equipment & Parts
IPO Date
2022-12-14
Stock Exchange
NASDAQ
Ticker
RAYA
According to Erayak Power Solution Group Inc.’s latest financial reports and current stock price. The company's current ROE is -4.19%. This represents a change of -948.85% compared to the average of 0.49% of the last 4 quarters.
The mean historical ROE of Erayak Power Solution Group Inc. over the last ten years is 38.79%. The current -4.19% ROE has changed -110.81% with respect to the historical average. Over the past ten years (40 quarters), RAYA's ROE was at its highest in in the June 2019 quarter at 196.23%. The ROE was at its lowest in in the June 2024 quarter at -3.97%.
Average
38.79%
Median
33.60%
Minimum
-4.20%
Maximum
98.11%
Discovering the peaks and valleys of Erayak Power Solution Group Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 0%
Maximum Annual ROE = 98.11%
Minimum Annual Increase = -169.58%
Minimum Annual ROE = -4.20%
| Year | ROE | Change |
|---|---|---|
| 2024 | -4.20% | -169.58% |
| 2023 | 6.03% | -66.43% |
| 2022 | 17.97% | -63.51% |
| 2021 | 49.24% | -24.89% |
| 2020 | 65.55% | -33.18% |
The current ROE of Erayak Power Solution Group Inc. (RAYA) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
6.60%
5-year avg
26.92%
10-year avg
38.79%
Erayak Power Solution Group Inc.’s ROE is greater than Icon Energy Corp. (-29.56%), greater than Digital Ally, Inc. (-159.20%), greater than StableX Technologies, Inc. - Common Stock (-649.49%), greater than Iveda Solutions, Inc. (-143.95%), greater than Singularity Future Technology Ltd. (-113.23%), greater than Lichen International Limited (-23.67%), greater than Expion360 Inc. (-48.82%), greater than Harrison Global Holdings Inc. (-91.18%), greater than Powell Max Limited Class A Ordinary Shares (-1169.69%), greater than urban-gro, Inc. (-163.98%),
| Company | ROE | Market cap |
|---|---|---|
| -29.56% | $1.80M | |
| -159.20% | $2.58M | |
| -649.49% | $2.17M | |
| -143.95% | $3.68M | |
| -113.23% | $2.37M | |
| -23.67% | $2.24M | |
| -48.82% | $4.45M | |
| -91.18% | $1.55M | |
| -1169.69% | $4.34M | |
| -163.98% | $3.08M |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Erayak Power Solution Group Inc. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Erayak Power Solution Group Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the ROE?
How can you use the ROE?
What is Erayak Power Solution Group Inc.'s ROE?
How is the ROE calculated for Erayak Power Solution Group Inc. (RAYA)?
What is the highest ROE for Erayak Power Solution Group Inc. (RAYA)?
What is the 3-year average ROE for Erayak Power Solution Group Inc. (RAYA)?
What is the 5-year average ROE for Erayak Power Solution Group Inc. (RAYA)?
How does the current ROE for Erayak Power Solution Group Inc. (RAYA) compare to its historical average?