Richardson Electronics Stock
€9.79
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Richardson Electronics Stock
Pros and Cons of Richardson Electronics in the next few years
Pros
Cons
Performance of Richardson Electronics vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Richardson Electronics | 0.670% | 6.067% | 16.133% | -29.770% | -18.755% | 54.173% | 93.823% |
| CBAK Energy Technology Inc | 7.140% | 10.526% | 9.375% | 56.483% | 11.583% | -72.222% | 39.128% |
| Ultralife Corp. | 0.740% | 3.795% | 25.172% | 203.889% | 75.040% | 67.023% | 33.122% |
| AZZ Inc. | 2.960% | 3.731% | - | - | - | - | - |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.When looking at the financial statements of Richardson Electronics, Ltd. (RELL) within the Machinery, Equipment, and Components industry, the general impression appears to be a consistent pattern of growth and stability. Over the past few years, the company has been expanding its total assets and demonstrating an ability to generate profit. Nevertheless, certain aspects need to be evaluated carefully in order to fully understand the company's financial health and performance.
Growing Total Assets: RELL's total assets have increased over the years, with the most recent balance sheet for 2023-02-28 showing $199.2 million in total assets, up from $179.8 million in 2022-05-31. This indicates a solid asset base and growth trajectory.
Increased Gross Profit: The gross profit of the company has also improved over the years. For instance, the gross profit for 2023-02-28 stood at $22.4 million, up from the 2021-05-31 figure of $58.8 million. This suggests that the company has been able to maintain its profit margins amidst rising revenues.
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