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Erayak Power Solution Group Inc. Class A Ordinary Shares

Erayak Power Solution Group Inc. Class A Ordinary Shares

RAYA · NASDAQ · Industrials / Electrical Equipment & Parts

0.4825USD+0.00 (+0.52%)

Price History

Full chart

Market Stats

Previous Close0.48
Open0.4685
Day Range0.429 – 0.49
52-Week Range1.65 – 71.79
Volume251.99K
Market Cap1.90M
P/E (TTM)0.00
Forward P/E2.54
EPS-272.80
Dividend Yield0.00%
Beta1.21
50-Day Avg2.30
200-Day Avg9.87

About

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.

Company Details

  • SectorIndustrials
  • IndustryElectrical Equipment & Parts
  • CEOMr. Lingyi Kong
  • Employees349
  • HeadquartersNo. 528, 4th Avenue, Wenzhou, China, 325025, USA
  • Websitehttps://erayakpower.com

Leadership

  • Mr. Lingyi KongChairman & CEO · b. 1995
  • Ms. Lanling GuChief Financial Officer · b. 1988

Financials

Income Statement

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue8.95M14.12M18.63M26.91M20.32M30.30M22.86M
Growth (%)-+57.80%+31.92%+44.45%-24.48%+49.10%-24.57%
Cost of Revenue6.69M10.28M12.91M20.29M15.38M26.31M17.98M
Gross Profit2.25M3.80M5.67M6.62M4.94M3.99M4.87M
Gross Margin25.20%26.90%30.45%24.60%24.31%13.18%21.32%
Operating Expense1.36M1.49M2.19M2.55M4.19M5.56M6.32M
Operating Income892.68K2.31M3.49M4.07M746.77K-1.57M-1.45M
Operating Margin9.97%16.35%18.71%15.12%3.67%-5.17%-6.35%
EBITDA1.28M3.01M3.70M4.34M2.81M89.69K244.00K
EBITDA Margin14.32%21.31%19.87%16.12%13.81%0.30%1.07%
Net Income951.18K2.21M3.39M3.48M1.22M-1.12M-1.39M
Net Income Margin10.63%15.67%18.22%12.92%6.00%-3.68%-6.08%
R&D508.86K605.12K986.88K932.27K1.18M1.67M1.61M
R&D as % of Total Revenue5.69%4.28%5.30%3.46%5.79%5.51%7.04%
Interest Expense52.93K262.60K425.87K511.14K492.10K150.16K341.69K
Interest Expense % of Total Revenue0.59%1.86%2.29%1.90%2.42%0.50%1.49%

Balance Sheet

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets13.42M22.13M23.47M37.61M35.29M46.03M59.45M
Total Liabilities12.45M18.75M16.58M18.26M15.08M19.45M24.18M
Total Equity969.47K3.38M6.89M19.34M20.20M26.59M35.27M
Cash1.01M460.52K5.17M7.03M5.88M532.61K184.86K
Total Debt8.59M12.62M10.46M10.79M2.17M5.13M12.48M
Net Debt7.58M12.16M5.29M3.76M-3.71M4.60M12.30M

Cash Flow

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow533.41K-7.93M4.64M-4.15M6.73M-15.88M-3.17M
Investing Cash Flow-370.28K-186.01K-244.17K-4.90M-1.38M-971.81K-12.37M
Financing Cash Flow593.66K10.93M-3.40M11.32M-6.44M12.38M14.27M
Capital Expenditure370.28K186.01K244.17K694.81K709.90K554.89K7.84M
Free Cash Flow163.13K-8.11M4.40M-4.85M6.02M-16.43M-11.00M
FCF to OCF30.58%102.35%94.74%116.74%89.45%103.50%347.53%

Earnings

Report DateJan 21, 2022Jun 28, 2022Nov 16, 2022Nov 5, 2024Apr 23, 2025Dec 2, 2025
EPS Estimate0.000.000.000.000.000.00
EPS Actual0.060.280.18-0.07-0.36-0.01
Surprise------
Timing------

Key Statistics & Ratios

Market Cap1.90M
Enterprise Value9.76M
Trailing P/E0.00
Forward P/E2.54
Price / Sales0.08
Price / Book0.06
EPS-272.80
Book Value394.05
Revenue (TTM)22.86M
Gross Profit (TTM)5.24M
EBITDA-688.14K
Profit Margin-6.08%
Operating Margin-4.47%
Return on Equity-4.49%
Return on Assets-1.50%
Shares Outstanding1.01M
Shares Float932.51K
Beta1.21
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Ownership Breakdown

Institutions
1.00%
Insiders
0.04%
Retail / Other
98.96%

Top Institutional Holders

  • SmartHarvest Portfolios, LLC
    00.00%

Top Fund Holders

  • Fidelity Nasdaq Composite Index
    110.00%

Stock Splits

  • Apr 20, 20261:10
  • Sep 30, 20251:220