RAYA
Erayak Power Solution Group Inc.
Price Chart
Latest Quote
$2.97
-0.12 (-3.88%)
Current Price
| Previous Close | $3.09 |
| Open | $2.99 |
| Day High | $3.08 |
| Day Low | $2.94 |
| Volume | 25,772 |
Stock Information
| Shares Outstanding | 1.01M |
| Total Debt | $13.69M |
| Cash Equivalents | $8.64M |
| Revenue | $22.86M |
| Net Income | $-1.39M |
| Sector | Industrials |
| Industry | Electrical Equipment & Parts |
| Market Cap | $3.13M |
| EPS (TTM) | $-268.73 |
| Exchange | NCM |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $7.97M |
| Sales | $22.86M |
| Income | $-1.39M |
| Book/sh | $394.05 |
| Cash/sh | $8.59 |
| Employees | 349 |
Financial Ratios
| Quick Ratio | 1.23 |
| Current Ratio | 2.09 |
| Debt/Eq | 38.83 |
Returns & Margins
| ROA | -1.50% |
| ROE | -4.49% |
| Gross Margin | 22.93% |
| Operating Margin | -4.47% |
| Profit Margin | -6.08% |
Ownership
| Insider Ownership | 0.46% |
| Institutional Ownership | 1.61% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| P/S | 0.14 |
| P/B | 0.01 |
Analyst Data
| Recommendation | none |
Technical Indicators
| SMA20 | $3.36 |
| SMA50 | $3.93 |
| SMA200 | $30.32 |
| RSI | 41.95 |
| ATR | 0.4449 |
| Shares Float | 974K |
| Short Float | 0.82% |
| Short Ratio | 0.15 |
| Volatility | 1.13 |
| Rel Volume | 0.50 |
Performance History
| Week | -15.14% |
| Month | -5.41% |
| Quarter | -58.40% |
| 6 Months | -92.74% |
| YTD | -92.63% |
| Year | -99.94% |
| 3 Years | -99.94% |
| 10 Years | -99.96% |
Stock Score:
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-18 | $2.97 | 25,800 |
| 2026-06-17 | $3.09 | 12,300 |
| 2026-06-16 | $3.11 | 12,800 |
| 2026-06-15 | $3.23 | 47,200 |
| 2026-06-12 | $3.16 | 56,000 |
| 2026-06-11 | $3.50 | 109,900 |
| 2026-06-10 | $3.50 | 159,700 |
| 2026-06-09 | $3.28 | 118,400 |
| 2026-06-08 | $3.80 | 50,500 |
| 2026-06-05 | $3.73 | 65,500 |
| 2026-06-04 | $3.44 | 18,800 |
| 2026-06-03 | $3.68 | 27,600 |
| 2026-06-02 | $4.01 | 129,800 |
| 2026-06-01 | $3.78 | 79,600 |
| 2026-05-29 | $3.44 | 50,300 |
| 2026-05-28 | $3.01 | 11,000 |
| 2026-05-27 | $3.09 | 7,800 |
| 2026-05-26 | $3.16 | 15,000 |
| 2026-05-22 | $3.17 | 8,300 |
| 2026-05-21 | $3.12 | 25,500 |
| 2026-05-20 | $3.03 | 10,100 |
| 2026-05-19 | $3.14 | 27,500 |
About Erayak Power Solution Group Inc.
Erayak Power Solution Group Inc., through its subsidiaries, engages in the research and development, manufacture, wholesale, and retail of power solution products in China, the United Kingdom, Mexico, Poland, Portugal, and internationally. The company offers sine wave and off-grid inverters, inverter and gasoline generators, battery and smart chargers, and custom-designed products, as well as portable power stations; hybrid inverters and energy storage; DC to AC inverters. Its products are used in agricultural and industrial vehicles, recreational vehicles, electrical appliances, and outdoor living products. The company was incorporated in 2019 and is based in Wenzhou, the People's Republic of China.
Period:
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Income Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $16,914,003 | $25,311,550 | $14,513,607 | $19,557,338 |
| Cost Of Revenue | $17,983,764 | $26,307,998 | $15,299,849 | $20,290,231 |
| Total Revenue | $22,855,437 | $30,300,360 | $20,322,498 | $26,909,025 |
| Operating Revenue | $22,855,437 | $30,300,360 | $20,322,498 | $26,909,025 |
| Expenses | ||||
| Interest Expense | $341,685 | $150,160 | $490,780 | $499,746 |
| Total Expenses | $24,307,826 | $31,517,145 | $18,698,339 | $22,646,450 |
| Rent Expense Supplemental | $417,787 | $384,826 | $299,694 | $58,466 |
| Other Income Expense | $60,076 | $157,454 | $191,796 | $135,642 |
| Other Non Operating Income Expenses | $330,594 | $240,692 | $222,934 | $103,893 |
| Net Non Operating Interest Income Expense | $31,307 | $-122,983 | $-403,995 | $-484,485 |
| Total Other Finance Cost | $16,733 | $-16,458 | $1,324 | $11,397 |
| Interest Expense Non Operating | $341,685 | $150,160 | $490,780 | $499,746 |
| Operating Expense | $6,324,062 | $5,209,147 | $3,398,490 | $2,356,219 |
| Other Operating Expenses | $-150,913 | $175,871 | $-979,652 | $-225,669 |
| Selling And Marketing Expense | $469,204 | $676,228 | $722,529 | $571,603 |
| General And Administrative Expense | $4,188,530 | $2,543,327 | $2,285,565 | $936,724 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $-1,389,937 | $-1,115,977 | $1,218,714 | $3,475,961 |
| Net Interest Income | $31,307 | $-122,983 | $-403,995 | $-484,485 |
| Interest Income | $389,725 | $10,719 | $88,109 | $26,658 |
| Normalized Income | $-1,187,048 | $-1,037,409 | $1,245,590 | $3,447,763 |
| Net Income From Continuing And Discontinued Operation | $-1,389,937 | $-1,115,977 | $1,218,714 | $3,475,961 |
| Total Operating Income As Reported | $-1,641,759 | $-1,559,708 | $741,205 | $4,068,574 |
| Net Income Common Stockholders | $-1,389,937 | $-1,115,977 | $1,218,714 | $3,475,961 |
| Net Income | $-1,389,937 | $-1,115,977 | $1,218,714 | $3,475,961 |
| Net Income Including Noncontrolling Interests | $-1,389,937 | $-1,115,977 | $1,218,714 | $3,475,961 |
| Net Income Continuous Operations | $-1,389,937 | $-1,115,977 | $1,218,714 | $3,475,961 |
| Pretax Income | $-1,361,006 | $-1,182,315 | $1,411,960 | $3,913,732 |
| Special Income Charges | $-85,040 | $-224,534 | $-36,972 | $0 |
| Interest Income Non Operating | $389,725 | $10,719 | $88,109 | $26,658 |
| Operating Income | $-1,452,389 | $-1,216,785 | $1,624,159 | $4,262,575 |
| Depreciation Amortization Depletion Income Statement | $193,562 | $125,395 | $116,451 | $60,698 |
| Depreciation And Amortization In Income Statement | $193,562 | $125,395 | $116,451 | $60,698 |
| Gross Profit | $4,871,673 | $3,992,362 | $5,022,649 | $6,618,794 |
| Per Share | ||||
| Diluted EPS | $-272.80 | $-98.34 | $223.43 | $835.97 |
| Basic EPS | $-272.80 | $-98.34 | $223.43 | $836.00 |
| Other | ||||
| Tax Effect Of Unusual Items | $-67,630 | $-4,670 | $-4,262 | $3,551 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $514,520 | $172,926 | $2,836,571 | $5,175,320 |
| Total Unusual Items | $-270,518 | $-83,238 | $-31,138 | $31,749 |
| Total Unusual Items Excluding Goodwill | $-270,518 | $-83,238 | $-31,138 | $31,749 |
| Reconciled Depreciation | $1,263,323 | $1,121,843 | $902,693 | $793,591 |
| EBITDA (Bullshit earnings) | $244,002 | $89,688 | $2,805,433 | $5,207,069 |
| EBIT | $-1,019,321 | $-1,032,155 | $1,902,740 | $4,413,478 |
| Diluted Average Shares | $5,095 | $11,348 | $5,455 | $4,158 |
| Basic Average Shares | $5,095 | $11,348 | $5,455 | $4,158 |
| Diluted NI Availto Com Stockholders | $-1,389,937 | $-1,115,977 | $1,218,714 | $3,475,961 |
| Tax Provision | $28,931 | $-66,338 | $193,246 | $437,771 |
| Other Special Charges | $-37,807 | $11,118 | $4,237 | - |
| Write Off | $122,847 | $224,534 | $36,972 | $0 |
| Gain On Sale Of Security | $-185,478 | $141,296 | $5,834 | $31,749 |
| Other Taxes | $15,368 | $17,657 | $76,654 | $80,595 |
| Research And Development | $1,608,311 | $1,670,669 | $1,176,943 | $932,268 |
| Selling General And Administration | $4,657,734 | $3,219,555 | $3,008,094 | $1,508,327 |
| Other Gand A | $2,363,862 | $935,531 | $1,230,365 | $411,014 |
| Insurance And Claims | $50,086 | $29,511 | $25,619 | $13,165 |
| Rent And Landing Fees | $417,787 | $384,826 | $299,694 | $58,466 |
| Salaries And Wages | $1,356,795 | $1,193,459 | $729,887 | $454,079 |
Fetched: 2026-06-21
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $32,587,421 | $26,523,763 | $20,170,235 | $19,335,237 |
| Total Assets | $59,448,338 | $46,033,203 | $35,285,266 | $37,605,200 |
| Total Non Current Assets | $16,084,818 | $12,942,866 | $13,187,076 | $9,369,472 |
| Non Current Prepaid Assets | $0 | $3,753,785 | $3,859,209 | $0 |
| Non Current Deferred Assets | $78,033 | $100,994 | $32,534 | $33,490 |
| Non Current Deferred Taxes Assets | $78,033 | $100,994 | $32,534 | $33,490 |
| Goodwill And Other Intangible Assets | $2,678,447 | $61,972 | $31,853 | $8,814 |
| Other Intangible Assets | $2,678,447 | $61,972 | $31,853 | $8,814 |
| Current Assets | $43,363,520 | $33,090,337 | $22,098,190 | $28,235,728 |
| Other Current Assets | $4,244,137 | - | - | - |
| Restricted Cash | $251,932 | $792,204 | $1,062 | $34,728 |
| Prepaid Assets | $7,490,706 | $9,437,740 | $2,747,551 | $4,716,491 |
| Inventory | $9,725,561 | $8,836,815 | $7,056,459 | $6,227,456 |
| Receivables | $16,929,284 | $13,490,973 | $6,415,746 | $10,224,534 |
| Other Receivables | $168,132 | $139,505 | $162,557 | $95,007 |
| Accounts Receivable | $16,761,152 | $13,351,468 | $6,253,189 | $9,961,343 |
| Allowance For Doubtful Accounts Receivable | $-374,065 | $-259,555 | $-39,280 | $-2,478 |
| Gross Accounts Receivable | $17,135,217 | $13,611,023 | $6,292,469 | $9,963,821 |
| Cash Cash Equivalents And Short Term Investments | $4,721,900 | $532,605 | $5,877,372 | $7,032,519 |
| Cash And Cash Equivalents | $184,856 | $532,605 | $5,877,372 | $7,032,519 |
| Loans Receivable | - | - | $0 | $168,184 |
| Debt | ||||
| Net Debt | $12,296,495 | $4,597,956 | - | $3,761,760 |
| Total Debt | $12,481,351 | $5,130,561 | $2,167,398 | $10,794,279 |
| Long Term Debt And Capital Lease Obligation | $3,409,358 | $3,913,204 | $1,871,591 | $217,523 |
| Long Term Debt | $3,409,358 | $3,913,204 | $1,871,591 | $217,523 |
| Current Debt And Capital Lease Obligation | $9,071,993 | $1,217,357 | $295,807 | $10,576,756 |
| Current Debt | $9,071,993 | $1,217,357 | $295,807 | $10,576,756 |
| Other Current Borrowings | $778,103 | $161,529 | $225,383 | $5,799,455 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $24,182,470 | $19,447,468 | $15,083,178 | $18,261,149 |
| Total Non Current Liabilities Net Minority Interest | $3,409,358 | $3,913,204 | $1,871,591 | $217,523 |
| Current Liabilities | $20,773,112 | $15,534,264 | $13,211,587 | $18,043,626 |
| Current Deferred Liabilities | $1,573,763 | $628,067 | $357,383 | $711,013 |
| Payables And Accrued Expenses | $10,127,356 | $13,688,840 | $12,558,397 | $6,755,858 |
| Payables | $8,935,797 | $12,866,826 | $9,038,799 | $5,965,250 |
| Total Tax Payable | $929,213 | $1,021,395 | $1,066,569 | $844,925 |
| Accounts Payable | $6,229,696 | $8,335,266 | $5,689,101 | $4,729,174 |
| Other Current Liabilities | - | - | - | $-1 |
| Current Notes Payable | - | - | - | - |
| Equity | ||||
| Common Stock Equity | $35,265,868 | $26,585,735 | $20,202,088 | $19,344,051 |
| Total Equity Gross Minority Interest | $35,265,868 | $26,585,735 | $20,202,088 | $19,344,051 |
| Stockholders Equity | $35,265,868 | $26,585,735 | $20,202,088 | $19,344,051 |
| Gains Losses Not Affecting Retained Earnings | $858,981 | $-121,792 | $368,551 | $532,970 |
| Other Equity Adjustments | $858,981 | $-121,792 | $368,551 | $532,970 |
| Retained Earnings | $6,549,754 | $8,061,204 | $9,187,215 | $8,164,759 |
| Long Term Equity Investment | $193,453 | $410,998 | $0 | - |
| Other | ||||
| Ordinary Shares Number | $89,500 | $22,994 | $5,659 | $5,659 |
| Share Issued | $89,500 | $22,994 | $5,659 | $5,659 |
| Tangible Book Value | $32,587,421 | $26,523,763 | $20,170,235 | $19,335,237 |
| Invested Capital | $47,747,219 | $31,716,296 | $22,369,486 | $30,138,330 |
| Working Capital | $22,590,408 | $17,556,073 | $8,886,603 | $10,192,102 |
| Total Capitalization | $38,675,226 | $30,498,939 | $22,073,679 | $19,561,574 |
| Additional Paid In Capital | $27,837,444 | $18,641,264 | $10,645,122 | $10,645,122 |
| Capital Stock | $19,689 | $5,059 | $1,200 | $1,200 |
| Common Stock | $19,689 | $5,059 | $1,200 | $1,200 |
| Current Deferred Revenue | $1,573,763 | $628,067 | $357,383 | $711,013 |
| Line Of Credit | $8,293,890 | $1,055,828 | $70,424 | $4,777,301 |
| Current Accrued Expenses | $1,191,559 | $822,014 | $3,519,598 | $790,608 |
| Dueto Related Parties Current | $1,776,888 | $3,510,165 | $2,283,129 | $391,151 |
| Investments And Advances | $193,453 | $410,998 | $0 | - |
| Net PPE | $13,134,885 | $8,615,117 | $9,263,480 | $9,327,168 |
| Accumulated Depreciation | $-2,328,503 | $-1,724,095 | $-1,340,489 | $-983,947 |
| Gross PPE | $15,463,388 | $10,339,212 | $10,603,969 | $10,311,115 |
| Construction In Progress | $3,932,974 | $216,468 | $21,619 | $0 |
| Other Properties | $6,205,253 | $6,596,854 | $7,464,847 | $7,754,627 |
| Machinery Furniture Equipment | $3,713,303 | $2,771,569 | $2,617,150 | $2,055,465 |
| Buildings And Improvements | $1,611,858 | $754,321 | $500,353 | $501,023 |
| Properties | $0 | $0 | $0 | $0 |
| Inventories Adjustments Allowances | $-21,397 | $-383,545 | $-94,417 | $-13,397 |
| Finished Goods | $520,088 | $611,020 | $546,208 | $1,300,383 |
| Work In Process | $1,904,229 | $1,490,520 | $916,997 | $642,235 |
| Raw Materials | $7,322,641 | $7,118,820 | $5,687,671 | $4,298,235 |
| Other Short Term Investments | $4,537,044 | - | - | - |
| Leases | - | - | - | $200,800 |
Fetched: 2026-06-21
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $-11,003,295 | $-16,431,534 | $6,019,835 | $-4,845,948 |
| Operating Activities | ||||
| Operating Cash Flow | $-3,166,162 | $-15,876,639 | $6,729,734 | $-4,151,135 |
| Cash Flow From Continuing Operating Activities | $-3,166,162 | $-15,876,639 | $6,729,733 | $-4,151,135 |
| Operating Gains Losses | $229,411 | - | - | - |
| Investing Activities | ||||
| Capital Expenditure | $-7,837,133 | $-554,895 | $-709,899 | $-694,813 |
| Investing Cash Flow | $-12,374,177 | $-971,811 | $-1,378,110 | $-4,896,167 |
| Cash Flow From Continuing Investing Activities | $-12,374,177 | $-971,811 | $-1,378,110 | $-4,896,167 |
| Net Other Investing Changes | - | - | $3,201,354 | $-4,201,354 |
| Financing Activities | ||||
| Issuance Of Capital Stock | $9,272,500 | $8,000,000 | $0 | $10,080,231 |
| Financing Cash Flow | $14,270,604 | $12,381,107 | $-6,437,393 | $11,319,867 |
| Cash Flow From Continuing Financing Activities | $14,270,604 | $12,381,107 | $-6,437,393 | $11,319,867 |
| Net Other Financing Charges | $-1,935,299 | $1,315,221 | $1,903,635 | $85,129 |
| Net Common Stock Issuance | $9,272,500 | $8,000,000 | $0 | $10,080,231 |
| Common Stock Issuance | $9,272,500 | $8,000,000 | $0 | $10,080,231 |
| Other | ||||
| Repayment Of Debt | $-7,718,453 | $-2,091,432 | $-19,307,247 | $-8,462,178 |
| Issuance Of Debt | $14,651,856 | $5,157,318 | $10,966,219 | $9,616,685 |
| Interest Paid Supplemental Data | $279,683 | $148,335 | $410,922 | $831,755 |
| Income Tax Paid Supplemental Data | $12,386 | $178,694 | $0 | $123,608 |
| End Cash Position | $436,788 | $1,324,809 | $5,878,434 | $7,067,247 |
| Beginning Cash Position | $1,324,809 | $5,878,434 | $7,067,247 | $5,174,693 |
| Effect Of Exchange Rate Changes | $381,714 | $-86,282 | $-103,044 | $-380,011 |
| Changes In Cash | $-1,269,735 | $-4,467,343 | $-1,085,769 | $2,272,565 |
| Net Issuance Payments Of Debt | $6,933,403 | $3,065,886 | $-8,341,028 | $1,154,507 |
| Net Short Term Debt Issuance | $6,997,314 | $1,001,544 | $-5,995,000 | $931,547 |
| Short Term Debt Payments | $-3,263,585 | $-309,032 | $-10,231,750 | $-7,450,134 |
| Short Term Debt Issuance | $10,260,899 | $1,310,576 | $4,236,750 | $8,381,681 |
| Net Long Term Debt Issuance | $-63,911 | $2,064,342 | $-2,346,028 | $222,960 |
| Long Term Debt Payments | $-4,454,868 | $-1,782,400 | $-9,075,497 | $-1,012,044 |
| Long Term Debt Issuance | $4,390,957 | $3,846,742 | $6,729,469 | $1,235,004 |
| Net Investment Purchase And Sale | $-4,537,044 | $-416,916 | $-3,869,565 | $0 |
| Purchase Of Investment | $-4,537,044 | $-416,916 | $-3,869,565 | $0 |
| Net Intangibles Purchase And Sale | $-2,598,025 | $-37,082 | $-25,689 | $0 |
| Purchase Of Intangibles | $-2,598,025 | $-37,082 | $-25,689 | $0 |
| Net PPE Purchase And Sale | $-5,239,108 | $-517,813 | $-684,210 | $-694,813 |
| Purchase Of PPE | $-5,239,108 | $-517,813 | $-684,210 | $-694,813 |
| Change In Working Capital | $-3,112,062 | $-16,444,482 | $4,471,978 | $-8,416,140 |
| Change In Other Working Capital | $893,482 | $284,372 | $-334,225 | $215,483 |
| Change In Payables And Accrued Expense | $-2,380,509 | $130,091 | $3,692,866 | $1,091,085 |
| Change In Accrued Expense | $156,410 | $-2,498,165 | $2,361,121 | $164,303 |
| Change In Payable | $-2,536,919 | $2,628,256 | $1,331,745 | $926,782 |
| Change In Account Payable | $-2,403,718 | $2,644,525 | $1,085,320 | $661,080 |
| Change In Tax Payable | $-133,201 | $-16,269 | $246,425 | $265,702 |
| Change In Income Tax Payable | $-133,201 | $-16,269 | $246,425 | $265,702 |
| Change In Prepaid Assets | $1,883,246 | $-6,947,539 | $-1,275,467 | $1,696,329 |
| Change In Inventory | $-119,552 | $-2,297,437 | $-1,091,117 | $-2,656,056 |
| Change In Receivables | $-3,388,729 | $-7,613,969 | $3,479,921 | $-8,762,981 |
| Changes In Account Receivables | $-3,273,158 | $-7,594,408 | $3,395,976 | $-8,549,354 |
| Other Non Cash Items | $-317,173 | - | $17,756 | $27,121 |
| Provisionand Write Offof Assets | $133,634 | $632,323 | $118,593 | $-31,668 |
| Deferred Tax | $26,642 | $-70,346 | $0 | $0 |
| Deferred Income Tax | $26,642 | $-70,346 | $0 | $0 |
| Depreciation Amortization Depletion | $1,263,323 | $1,121,843 | $902,693 | $793,591 |
| Depreciation And Amortization | $1,263,323 | $1,121,843 | $902,693 | $793,591 |
| Depreciation | $1,263,323 | $1,121,843 | $902,693 | $793,591 |
| Gain Loss On Investment Securities | $229,170 | - | - | - |
| Net Income From Continuing Operations | $-1,389,937 | $-1,115,977 | $1,218,714 | $3,475,961 |
| Asset Impairment Charge | - | - | - | $0 |
| Change In Other Current Liabilities | - | - | - | - |
Fetched: 2026-06-21