Erayak Power Solution Group Inc. (RAYA)

USD 1.27

(4.1%)

Operating Income Summary of Erayak Power Solution Group Inc.

  • Erayak Power Solution Group Inc.'s latest annual operating income in 2023 was 746.76 Thousand USD , down -81.65% from previous year.
  • Erayak Power Solution Group Inc.'s latest quarterly operating income in 2023 FY was 746.76 Thousand USD , down -81.65% from previous quarter.
  • Erayak Power Solution Group Inc. reported an annual operating income of 4.06 Million USD in 2022, up 16.72% from previous year.
  • Erayak Power Solution Group Inc. reported an annual operating income of 3.48 Million USD in 2021, up 47.71% from previous year.
  • Erayak Power Solution Group Inc. reported a quarterly operating income of 330.1 Thousand USD for 2023 Q1, down -54.28% from previous quarter.
  • Erayak Power Solution Group Inc. reported a quarterly operating income of 43.27 Thousand USD for 2023 Q4, down 0.0% from previous quarter.

Annual Operating Income Chart of Erayak Power Solution Group Inc. (2023 - 2019)

Historical Annual Operating Income of Erayak Power Solution Group Inc. (2023 - 2019)

Year Operating Income Operating Income Growth
2023 746.76 Thousand USD -81.65%
2022 4.06 Million USD 16.72%
2021 3.48 Million USD 47.71%
2020 2.35 Million USD 164.34%
2019 892.67 Thousand USD 0.0%

Peer Operating Income Comparison of Erayak Power Solution Group Inc.

Name Operating Income Operating Income Difference
Advanced Energy Industries, Inc. 113.69 Million USD 99.343%
Montana Technologies Corporation -6.32 Million USD 111.798%
Asia Pacific Wire & Cable Corporation Limited 1.54 Million USD 51.759%
CBAK Energy Technology, Inc. -181.57 Thousand USD 511.269%
CCSC Technology International Holdings Limited Ordinary Shares -1.84 Million USD 140.449%
Dragonfly Energy Holdings Corp. -27.42 Million USD 102.723%
Electrovaya Inc. 1.2 Million USD 37.925%
Enovix Corporation -165.47 Million USD 100.451%
Eos Energy Enterprises, Inc. -152.93 Million USD 100.488%
Eos Energy Enterprises, Inc. -152.93 Million USD 100.488%
FuelCell Energy, Inc. -136.08 Million USD 100.549%
Flux Power Holdings, Inc. -5.41 Million USD 113.803%
Ideal Power Inc. -10.35 Million USD 107.214%
Kimball Electronics, Inc. 49.27 Million USD 98.485%
Lightbridge Corporation -9.04 Million USD 108.259%
Microvast Holdings, Inc. -108.68 Million USD 100.687%
Microvast Holdings, Inc. -108.68 Million USD 100.687%
NeoVolta Inc. -2.33 Million USD 131.955%
NeoVolta Inc. -2.33 Million USD 131.955%
Novonix Limited -48.22 Million USD 101.548%
Nxu, Inc. -47.4 Million USD 101.575%
Orion Energy Systems, Inc. -10.82 Million USD 106.899%
Preformed Line Products Company 84.15 Million USD 99.113%
Plug Power Inc. -1.34 Billion USD 100.056%
Polar Power, Inc. -5.99 Million USD 112.467%
Powell Industries, Inc. 178.77 Million USD 99.582%
Pioneer Power Solutions, Inc. -2.65 Million USD 128.137%
RF Industries, Ltd. -3.79 Million USD 119.667%
SKYX Platforms Corp. -37.82 Million USD 101.974%
Solid Power, Inc. -90.62 Million USD 100.824%
Solid Power, Inc. -90.62 Million USD 100.824%
Solidion Technology Inc. -3.5 Million USD 121.278%
Ultralife Corporation 9.47 Million USD 92.119%
Expion360 Inc. -7.16 Million USD 110.416%