Erayak Power Solution Group Inc. (RAYA)

NASDAQ: RAYA · Real-Time Price · USD

0.4292

-0.0508 (-10.58%)

Nov 13, 2026, 9:43 AM EST - Market open

RAYA Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	2.49	0.18	0.53	5.88	7.03	5.17
Short-Term Investments	3.93	8.46	-	-	-	-
Cash & Short-Term Investments	6.42	8.64	0.53	5.88	7.03	5.17
Cash Growth	3527.15%	1522.22%	-90.94%	-16.43%	35.90%	1023.66%
Accounts Receivable	21.89	16.76	13.35	6.25	9.96	1.75
Other Receivables	0.13	0.15	0.14	0.16	0.1	0.06
Receivables	22.01	16.91	13.49	6.42	10.22	1.81
Inventory	11.12	9.73	8.84	7.06	6.23	3.9
Prepaid Expenses	-	-	-	-	-	0.5
Restricted Cash	0.34	0.25	0.79	0	0.03	-
Other Current Assets	7.6	7.83	9.44	2.75	4.72	2.11
Total Current Assets	47.49	43.36	33.09	22.1	28.24	13.49
Property, Plant & Equipment	23.01	13.13	8.62	9.26	9.33	9.93
Long-Term Investments	0.2	0.19	4.16	3.86	-	-
Other Intangible Assets	2.73	2.68	0.06	0.03	0.01	0.01
Long-Term Deferred Tax Assets	0.08	0.08	0.1	0.03	0.03	0.04
Long-Term Deferred Charges	0.02	-	-	-	-	-
Total Assets	73.53	59.45	46.03	35.29	37.61	23.47

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Accounts Payable	8.85	6.23	8.34	5.69	4.73	4.15
Accrued Expenses	1.21	1.2	0.88	3.52	0.79	1.26
Short-Term Debt	11.05	9.51	4.57	2.35	6.62	5.91
Current Portion of Long-Term Debt	-	0.78	0.16	0.23	4.35	-
Current Income Taxes Payable	0.65	1	0.96	1.07	0.84	-
Current Unearned Revenue	1.17	1.57	0.63	0.36	0.71	0.54
Other Current Liabilities	0.62	0.48	-	-	-0	-
Total Current Liabilities	23.56	20.77	15.53	13.21	18.04	11.87
Long-Term Debt	7.27	3.41	3.91	1.87	0.22	4.71
Other Long-Term Liabilities	-	-	-	0	-	-
Total Liabilities	30.83	24.18	19.45	15.08	18.26	16.58

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Common Stock	0	0.02	0.01	0	0	0
Additional Paid-In Capital	35.34	27.84	18.64	10.65	10.65	1.06
Retained Earnings	7.03	7.79	9.18	10.3	9.08	5.61
Comprehensive Income & Other	0.33	-0.39	-1.24	-0.74	-0.38	0.23
Shareholders' Equity	42.7	35.27	26.59	20.2	19.34	6.89
Total Liabilities & Equity	73.53	59.45	46.03	35.29	37.61	23.47

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Total Debt	18.32	13.69	8.64	4.45	11.19	10.62
Net Cash (Debt)	-11.9	-5.05	-8.11	1.43	-4.15	-5.45
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-33.83	-99.17	-714.50	-	-	-
Filing Date Shares Outstanding	1.08	0.98	0.02	-	-	-
Total Common Shares Outstanding	1.08	0.09	0.02	-	-	-
Working Capital	23.93	22.59	17.56	8.89	10.19	1.63
Book Value Per Share	39.71	394.05	1156.15	-	-	-
Tangible Book Value	39.97	32.59	26.52	20.17	19.34	6.88
Tangible Book Value Per Share	37.17	364.12	1153.46	-	-	-
Buildings	1.71	1.61	0.75	0.5	0.5	0.29
Machinery	9.84	3.89	2.91	2.74	2.15	1.57
Construction In Progress	8.2	3.93	0.22	0.02	-	-

SEC Filings: 10-K · 10-Q