Erayak Power Solution Group Inc. (RAYA)
NASDAQ: RAYA · Real-Time Price · USD
1.070
-0.165 (-13.39%)
Oct 30, 2026, 3:33 PM EDT - Market open

RAYA Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
26.2822.8630.320.3226.9118.63
Revenue Growth
14.99%-24.57%49.10%-24.48%44.45%31.91%
Gross Profit
5.415.243.74.946.655.67
Operating Income
-1.6-1.26-1.450.744.073.49
Net Income
-1.63-1.39-1.121.223.483.39
Earnings Per Share
-4.65-27.28-98.34---
EPS Growth
------

Revenue by Geography

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '24 Dec '23 Dec '22 Dec '21
Other Countries
5.596.694.374.23.8
China
13.7719.5811.0118.0310.64
United Kingdom
1.290.781.050.880.79
Mexico
0.87---1.07
Poland
0.77-1.321.611.13
Portugal
0.57----
France
-1.52--1.2
Israel
-0.91---
Nigeria
-0.83---
Total
22.8630.320.3226.9118.63

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
6.428.640.535.887.035.17
Total Debt
18.3213.698.644.4511.1910.62
Net Cash (Debt)
-11.9-5.05-8.111.43-4.15-5.45
Net Cash Growth
------
Net Cash Per Share
-33.83-99.17-714.50---

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
-6.12-3.17-15.886.73-4.154.64
Capital Expenditures
-13.27-5.24-0.52-0.68-0.69-0.24
Free Cash Flow
-19.39-8.41-16.396.05-4.854.4
Free Cash Flow Growth
------

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
20.57%22.93%12.20%24.31%24.71%30.45%
Operating Margin
-6.10%-5.52%-4.78%3.65%15.12%18.71%
Pretax Margin
-6.21%-5.95%-3.90%6.95%14.54%19.84%
Profit Margin
-6.22%-6.08%-3.68%6.00%12.92%18.22%
FCF Margin
-73.79%-36.78%-54.11%29.75%-18.01%23.61%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
---10.836.87-
Forward PE
-2.962.964.15--
P/FCF Ratio
---2.18--
PS Ratio
0.050.151.260.650.89-