ERAYAK Power Solution Group Inc. (RAYA) Return on equity 2020–2025
ERAYAK Power Solution Group Inc. (RAYA) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-3.9%FY2025 · since FY2020: 65.6% → -3.9%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | -3.9% | +0.3 pp |
| FY2024 | -4.2% | -10.2 pp |
| FY2023 | 6.0% | -11.9 pp |
| FY2022 | 18.0% | -31.3 pp |
| FY2021 | 49.2% | -16.3 pp |
| FY2020 | 65.6% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice