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Erayak Power Solution Group Inc. Class A Ordinary Shares

Industrials US RAYA

2.78USD
0.03(1.09%)

Last update at 2026-06-26T20:00:00Z

Day Range

2.662.94
LowHigh

52 Week Range

0.442.68
LowHigh

Fundamentals

  • Previous Close 2.75
  • Market Cap28.21M
  • Volume28453
  • P/E Ratio9.10
  • Dividend Yield-%
  • EBITDA1.13M
  • Revenue TTM20.32M
  • Revenue Per Share TTM1.69
  • Gross Profit TTM 5.67M
  • Diluted EPS TTM0.10

Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Income before tax 3.91M 3.70M 2.60M 1.11M
Minority interest - - - -
Net income 3.48M 3.39M 2.21M 0.95M
Selling general administrative 0.94M 0.66M 0.71M 0.64M
Selling and marketing expenses 0.57M 0.40M 0.11M 0.20M
Gross profit 6.62M 5.72M 3.84M 2.25M
Reconciled depreciation 0.79M 0.22M 0.15M 0.12M
Ebit 4.07M 3.49M 2.36M 0.89M
Ebitda 5.18M 4.36M 3.03M 1.28M
Depreciation and amortization 1.11M 0.88M 0.67M 0.39M
Non operating income net other - - - -
Operating income 4.07M 3.49M 2.36M 0.89M
Other operating expenses 22.65M 14.97M 11.80M 8.11M
Interest expense 0.50M 0.45M 0.26M 0.05M
Tax provision 0.44M 0.30M 0.39M 0.16M
Interest income 0.03M 0.03M - -
Net interest income -0.48448M -0.42954M -0.26260M -0.05293M
Extraordinary items - - - -
Non recurring - - - -
Other items - - - -
Income tax expense 0.44M 0.30M 0.39M 0.16M
Total revenue 26.91M 18.63M 14.12M 8.95M
Total operating expenses 2.36M 2.06M 1.52M 1.41M
Cost of revenue 20.29M 12.91M 10.28M 6.69M
Total other income expense net -0.15484M 0.21M 0.24M 0.22M
Discontinued operations - - - -
Net income from continuing ops 3.48M 3.39M 2.21M 0.95M
Net income applicable to common shares - 3.39M 2.21M 0.95M
Preferred stock and other adjustments - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 35.29M 37.61M 23.47M 22.13M 13.42M
Intangible assets 0.03M 0.00881M 0.01M 0.01M 0.00323M
Earning assets - - - - -
Other current assets 2.75M 4.75M 2.61M 4.57M 0.18M
Total liab 15.08M 18.26M 16.58M 18.75M 12.45M
Total stockholder equity 20.20M 19.34M 6.89M 3.38M 0.97M
Deferred long term liab - - - - 0.03M
Other current liab 6.87M 2.03M 1.42M 2.12M 0.71M
Common stock 0.00120M 0.00120M 0.00090M 0.00000M 0.00000M
Capital stock 0.00120M 0.00120M 0.00090M 0.00000M 0.00000M
Retained earnings 9.19M 8.16M 5.04M 1.99M -0.00917M
Other liab - - - - -
Good will - - - - -
Other assets - - 0.04M 0.00512M 0.03M
Cash 5.88M 7.03M 5.17M 0.46M 1.01M
Cash and equivalents - - - - -
Total current liabilities 13.21M 18.04M 11.87M 17.22M 11.02M
Current deferred revenue 0.36M 0.71M 0.54M 0.80M 0.42M
Net debt -3.70997M 3.76M 5.29M 12.16M 7.58M
Short term debt 0.30M 10.58M 5.76M 11.09M 7.15M
Short long term debt 0.30M 10.58M 5.76M 11.09M 0.77M
Short long term debt total 2.17M 10.79M 10.46M 12.62M 8.59M
Other stockholder equity 10.65M 10.65M 1.06M 1.06M 1.06M
Property plant equipment - - 9.93M 10.16M 9.68M
Total current assets 22.10M 28.24M 13.49M 11.95M 3.70M
Long term investments - - - - -
Net tangible assets - - 6.88M 3.36M 0.97M
Short term investments - - - - -
Net receivables 6.42M 10.22M 1.81M 5.24M 1.26M
Long term debt 1.87M 0.22M 4.71M 1.53M 1.44M
Inventory 7.06M 6.23M 3.90M 1.68M 1.25M
Accounts payable 5.69M 4.73M 4.15M 3.21M 2.74M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 0.37M 0.53M 0.80M 0.33M -0.08187M
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 3.86M - - - 0.03M
Deferred long term asset charges - - - - -
Non current assets total 13.19M 9.37M 9.98M 10.18M 9.72M
Capital lease obligations - - - 0.00000M 6.38M
Long term debt total - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Investments -4.89617M -0.24417M -0.18601M -0.37028M
Change to liabilities - 0.53M 0.61M -0.79932M
Total cashflows from investing activities - -0.24417M -0.18601M -0.37028M
Net borrowings - -3.39553M 10.93M 0.59M
Total cash from financing activities 11.32M -3.39553M 10.93M 0.59M
Change to operating activities - -0.00592M -0.18708M 0.24M
Net income 3.48M 3.39M 2.21M 0.95M
Change in cash 1.89M 1.11M 3.05M 0.75M
Begin period cash flow 5.17M 4.06M 1.01M 0.26M
End period cash flow 7.07M 5.17M 4.06M 1.01M
Total cash from operating activities -4.15114M 4.64M -7.92649M 0.53M
Issuance of capital stock 10.08M - - -
Depreciation 0.79M 0.22M 0.15M 0.12M
Other cashflows from investing activities - - - -
Dividends paid - - - -
Change to inventory -2.65606M -2.20018M -0.32943M -0.42705M
Change to account receivables -8.54935M 3.38M -4.07827M 0.25M
Sale purchase of stock - - - -
Other cashflows from financing activities 9.70M 8.07M 11.73M 1.85M
Change to netincome - 0.64M -6.17699M 0.26M
Capital expenditures 0.69M 0.24M 0.19M 0.37M
Change receivables - - - -
Cash flows other operating - - - -
Exchange rate changes - - - -
Cash and cash equivalents changes - - - -
Change in working capital -8.41614M 0.40M -4.14181M -0.77063M
Stock based compensation - 0.05M 0.02M -
Other non cash items -0.00455M 0.62M -6.16071M 0.21M
Free cash flow -4.84595M 4.40M -8.11250M 0.16M

Peer Comparison

Sector: Industrials Industry: Electrical Equipment & Parts

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
RAYA
Erayak Power Solution Group Inc. Class A Ordinary Shares
0.03 1.09% 2.78 9.10 2.54 0.41 0.53 0.57 4.22
CYATY
CYATY
-0.93 4.10% 21.76 36.64 32.15 0.91 7.88 3.67 16.91
ABLZF
ABB Ltd
- -% 105.84 39.37 31.75 5.22 11.05 5.25 24.49
ABBNY
ABB Ltd
-2.8 2.62% 104.12 38.41 30.96 5.22 10.79 5.24 24.44
BE
Bloom Energy Corp
-57.16 18.49% 252.02 - 153.85 31.02 80.70 30.91 3120.72

Reports Covered

Stock Research & News

Profile

Erayak Power Solution Group Inc., through its subsidiaries, engages in the research and development, manufacture, and wholesale and retail of power solution products in China, Australia, Poland, the United Kingdom, Germany, and internationally. The company offers sine wave and off-grid inverters, inverter and gasoline generators, battery and smart chargers, and custom-designed products. Its products are used in agricultural and industrial vehicles, recreational vehicles, electrical appliances, and outdoor living products. The company also exports its products to approximately 20 countries. The company was incorporated in 2019 and is based in Wenzhou, the People's Republic of China. Erayak Power Solution Group Inc. is a subsidiary of Erayak International Limited.

Erayak Power Solution Group Inc. Class A Ordinary Shares

No. 528, 4th Avenue, Wenzhou, China, 325025

Key Executives

Name Title Year Born
Mr. Lingyi Kong Chairman & CEO 1995
Ms. Lanling Gu Chief Financial Officer 1988
Colleen A De Vries Sr. VP NA
Colleen A De Vries Senior Vice President NA

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