Erayak Power Net Income vs. EBITDA
| RAYA Stock | 1.31 0.06 4.38% |
Net Income | First Reported 2019-03-31 | Previous Quarter 371.8 K | Current Value -1.1 M | Quarterly Volatility 446.6 K |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.29 | 0.2431 |
|
| |||||
| Net Profit Margin | 0.057 | 0.06 |
|
| |||||
| Operating Profit Margin | 0.0349 | 0.0367 |
|
| |||||
| Pretax Profit Margin | 0.066 | 0.0695 |
|
| |||||
| Return On Assets | 0.0328 | 0.0345 |
|
| |||||
| Return On Equity | 0.0573 | 0.0603 |
|
|
For Erayak Power profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Erayak Power to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Erayak Power Solution utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Erayak Power's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Erayak Power Solution over time as well as its relative position and ranking within its peers.
Erayak |
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Erayak Power. If investors know Erayak will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Erayak Power listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.55) | Earnings Share (0.01) | Revenue Per Share 1.695 | Quarterly Revenue Growth 0.264 | Return On Assets (0.02) |
The market value of Erayak Power Solution is measured differently than its book value, which is the value of Erayak that is recorded on the company's balance sheet. Investors also form their own opinion of Erayak Power's value that differs from its market value or its book value, called intrinsic value, which is Erayak Power's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Erayak Power's market value can be influenced by many factors that don't directly affect Erayak Power's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Erayak Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Erayak Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Erayak Power's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Erayak Power Solution EBITDA vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Erayak Power's current stock value. Our valuation model uses many indicators to compare Erayak Power value to that of its competitors to determine the firm's financial worth. Erayak Power Solution is rated third in net income category among its peers. It is rated fourth in ebitda category among its peers totaling about 2.30 of EBITDA per Net Income. At present, Erayak Power's Net Income is projected to increase significantly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Erayak Power's earnings, one of the primary drivers of an investment's value.Erayak EBITDA vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Erayak Power |
| = | 1.22 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Erayak Power |
| = | 2.81 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Erayak EBITDA Comparison
Erayak Power is currently under evaluation in ebitda category among its peers.
Erayak Power Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Erayak Power, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Erayak Power will eventually generate negative long term returns. The profitability progress is the general direction of Erayak Power's change in net profit over the period of time. It can combine multiple indicators of Erayak Power, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 368.6 K | 427.3 K | |
| Net Interest Income | -404 K | -424.2 K | |
| Operating Income | 746.8 K | 709.4 K | |
| Net Income From Continuing Ops | 1.2 M | 1.2 M | |
| Income Before Tax | 1.4 M | 2.8 M | |
| Total Other Income Expense Net | 665.2 K | 698.5 K | |
| Net Income Applicable To Common Shares | 3.9 M | 2.4 M | |
| Net Income | 1.2 M | 1.2 M | |
| Income Tax Expense | 193.2 K | 324.9 K | |
| Interest Income | 88.1 K | 45.3 K | |
| Change To Netincome | 731.3 K | 767.9 K | |
| Net Income Per Share | 0.10 | 0.15 | |
| Income Quality | 5.52 | 5.80 | |
| Net Income Per E B T | 0.86 | 0.70 |
Erayak Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Erayak Power. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Erayak Power position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Erayak Power's important profitability drivers and their relationship over time.
Learn to be your own money manager
Our tools can tell you how much better you can do entering a position in Erayak Power without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Transaction History Now
Transaction HistoryView history of all your transactions and understand their impact on performance |
| All Next | Launch Module |
Use Investing Themes to Complement your Erayak Power position
In addition to having Erayak Power in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Long/short ETFs Thematic Idea Now
Long/short ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Long/short ETFs theme has 24 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Long/short ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Your Equity Center. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
To fully project Erayak Power's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Erayak Power Solution at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Erayak Power's income statement, its balance sheet, and the statement of cash flows.