Erayak Power Solution Group (Erayak Power Solution Group) 3-Year Revenue Growth Rate : 12.90% (As of Dec. 2023)

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What is Erayak Power Solution Group 3-Year Revenue Growth Rate?

Erayak Power Solution Group's Revenue per Share for the six months ended in Dec. 2023 was $0.91.

During the past 12 months, Erayak Power Solution Group's average Revenue per Share Growth Rate was -42.40% 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 the average Revenue per Share growth rate.

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

Competitive Comparison of Erayak Power Solution Group's 3-Year Revenue Growth Rate

For the Electrical Equipment & Parts subindustry, Erayak Power Solution Group's 3-Year Revenue Growth Rate, along with its competitors' market caps and 3-Year Revenue Growth Rate 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 3-Year Revenue Growth Rate Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Erayak Power Solution Group's 3-Year Revenue Growth Rate distribution charts can be found below:

* The bar in red indicates where Erayak Power Solution Group's 3-Year Revenue Growth Rate falls into.

Erayak Power Solution Group 3-Year Revenue Growth Rate Calculation

This is the 3-year average growth rate of Revenue per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

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 the average Revenue per Share growth rate.

Erayak Power Solution Group (NAS:RAYA) 3-Year Revenue Growth Rate Explanation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

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 per share growth rate is used in calculating Predictability Rank, companies with more consistent revenue and earnings growth are ranked high with predictability.

Erayak Power Solution Group 3-Year Revenue Growth Rate Related Terms

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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 » 3-Year Revenue Growth Rate

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.