Erayak Power Solution Group Inc. (RAYA)

Erayak Power Solution Group will go public soon, but the exact IPO date is still unknown.
Stock Price: $4.00 - $6.00
Current IPO price range
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Market Cap60.00M
Revenue (ttm)16.00M
Net Income (ttm)2.93M
Shares Out12.00M
EPS (ttm)0.24
PE Ratio20.49
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About RAYA

Erayak Power Solution Group Inc. was formed in 2019 under the laws of the Cayman Islands. We conduct business primarily through our wholly-owned subsidiary, Zhejiang Leiya Electronics Co. Ltd., in the People’s Republic of China. Our company specializes in the manufacturing, research and development and wholesale and retail of power solution products. Zhejiang Leiya’s product portfolio includes sine wave and off-grid inverters, inverter and gasoline generators, battery and smart chargers, and custom-designed products. Our products are used p...

IndustryIndustrials
Founded2019
CEOLingyi Kong
Employees120
Stock ExchangeNASDAQ
Ticker SymbolRAYA
Full Company Profile

Financial Performance

In 2020, RAYA's revenue was $14.12 million, an increase of 57.80% compared to the previous year's $8.95 million. Earnings were $2.21 million, an increase of 132.70%.

Financial Statements

News

Erayak Power Solution Group IPO Registration Document (F-1)

Erayak Power Solution Group has filed to go public with an IPO on the NASDAQ.

4 months ago - SEC