Erayak Power Solution Group (Erayak Power Solution Group) Net Margin % : 6.84% (As of Dec. 2023)

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

What is Erayak Power Solution Group Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Erayak Power Solution Group's Net Income for the six months ended in Dec. 2023 was $0.74 Mil. Erayak Power Solution Group's Revenue for the six months ended in Dec. 2023 was $10.87 Mil. Therefore, Erayak Power Solution Group's net margin for the quarter that ended in Dec. 2023 was 6.84%.

The historical rank and industry rank for Erayak Power Solution Group's Net Margin % or its related term are showing as below:

RAYA' s Net Margin % Range Over the Past 10 Years
Min: 6 Med: 12.92 Max: 18.22
Current: 6

RAYA's Net Margin % is ranked better than
55.39% of 2968 companies
in the Industrial Products industry
Industry Median: 5.025 vs RAYA: 6.00

Erayak Power Solution Group Net Margin % Historical Data

The historical data trend for Erayak Power Solution Group's Net Margin % 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 Net Margin % Chart

Erayak Power Solution Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

10.63

15.67

18.22

12.92

6.00

Erayak Power Solution Group Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Net Margin %	Get a 7-Day Free Trial				18.70	19.09	8.33	5.03	6.84

Competitive Comparison of Erayak Power Solution Group's Net Margin %

For the Electrical Equipment & Parts subindustry, Erayak Power Solution Group's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution in the Industrial Products Industry

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

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

Erayak Power Solution Group Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Erayak Power Solution Group's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	1.219	/	20.322
	=	6.00 %

Erayak Power Solution Group's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	0.744	/	10.873
	=	6.84 %

Erayak Power Solution Group (NAS:RAYA) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Erayak Power Solution Group Net Margin % Related Terms

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

Erayak Power Solution Group (Erayak Power Solution Group) Business Description

Industry

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

Comparable Companies

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.