Erayak Power Solution Group Inc. (RAYA)

Erayak Power Solution Group will go public soon. The estimated IPO date is December 7, 2022.
IPO Price
$4.00
Shares Offered
3,000,000
Deal Size
$12,000,000
Chart not available yet
Data will show when the stock starts trading on Dec 7, 2022.
Market Cap 48.00M
Revenue (ttm) 16.00M
Net Income (ttm) 2.93M
Shares Out 12.00M
EPS (ttm) 0.24
PE Ratio 16.39
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume n/a
Open n/a
Previous Close n/a
Day's Range n/a
52-Week Range n/a
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date n/a

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... [Read more]

Industry Industrials
IPO Date Dec 7, 2022
CEO Lingyi Kong
Employees 120
Stock Exchange NASDAQ
Ticker Symbol RAYA
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.

10 months ago - SEC