Erayak Power Solution Group Inc. (RAYA)
NASDAQ: RAYA · Real-Time Price · USD
1.920
-0.230 (-10.70%)
At close: Sep 18, 2026, 4:00 PM EDT
1.850
-0.070 (-3.65%)
After-hours: Sep 18, 2026, 7:30 PM EDT
RAYA Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | 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 | 0.18 | 0.53 | 5.88 | 7.03 | 5.17 |
Short-Term Investments | 8.46 | - | - | - | - |
Cash & Short-Term Investments | 8.64 | 0.53 | 5.88 | 7.03 | 5.17 |
Cash Growth | 1522.22% | -90.94% | -16.43% | 35.90% | 1023.66% |
Accounts Receivable | 16.76 | 13.35 | 6.25 | 9.96 | 1.75 |
Other Receivables | 0.15 | 0.14 | 0.16 | 0.1 | 0.06 |
Receivables | 16.91 | 13.49 | 6.42 | 10.22 | 1.81 |
Inventory | 9.73 | 8.84 | 7.06 | 6.23 | 3.9 |
Prepaid Expenses | - | - | - | - | 0.5 |
Restricted Cash | 0.25 | 0.79 | 0 | 0.03 | - |
Other Current Assets | 7.83 | 9.44 | 2.75 | 4.72 | 2.11 |
Total Current Assets | 43.36 | 33.09 | 22.1 | 28.24 | 13.49 |
Property, Plant & Equipment | 13.13 | 8.62 | 9.26 | 9.33 | 9.93 |
Long-Term Investments | 0.19 | 4.16 | 3.86 | - | - |
Other Intangible Assets | 2.68 | 0.06 | 0.03 | 0.01 | 0.01 |
Long-Term Deferred Tax Assets | 0.08 | 0.1 | 0.03 | 0.03 | 0.04 |
Total Assets | 59.45 | 46.03 | 35.29 | 37.61 | 23.47 |
Liabilities
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | 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 | 6.23 | 8.34 | 5.69 | 4.73 | 4.15 |
Accrued Expenses | 1.2 | 0.88 | 3.52 | 0.79 | 1.26 |
Short-Term Debt | 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 | 1 | 0.96 | 1.07 | 0.84 | - |
Current Unearned Revenue | 1.57 | 0.63 | 0.36 | 0.71 | 0.54 |
Other Current Liabilities | 0.48 | - | - | -0 | - |
Total Current Liabilities | 20.77 | 15.53 | 13.21 | 18.04 | 11.87 |
Long-Term Debt | 3.41 | 3.91 | 1.87 | 0.22 | 4.71 |
Other Long-Term Liabilities | - | - | 0 | - | - |
Total Liabilities | 24.18 | 19.45 | 15.08 | 18.26 | 16.58 |
Shareholders' Equity
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | 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 | 0.02 | 0.01 | 0 | 0 | 0 |
Additional Paid-In Capital | 27.84 | 18.64 | 10.65 | 10.65 | 1.06 |
Retained Earnings | 7.79 | 9.18 | 10.3 | 9.08 | 5.61 |
Comprehensive Income & Other | -0.39 | -1.24 | -0.74 | -0.38 | 0.23 |
Shareholders' Equity | 35.27 | 26.59 | 20.2 | 19.34 | 6.89 |
Total Liabilities & Equity | 59.45 | 46.03 | 35.29 | 37.61 | 23.47 |
Additional Metrics
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | 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 | 13.69 | 8.64 | 4.45 | 11.19 | 10.62 |
Net Cash (Debt) | -5.05 | -8.11 | 1.43 | -4.15 | -5.45 |
Net Cash Growth | - | - | - | - | - |
Net Cash Per Share | -99.17 | -714.50 | - | - | - |
Filing Date Shares Outstanding | 0.98 | 0.02 | - | - | - |
Total Common Shares Outstanding | 0.09 | 0.02 | - | - | - |
Working Capital | 22.59 | 17.56 | 8.89 | 10.19 | 1.63 |
Book Value Per Share | 394.05 | 1156.15 | - | - | - |
Tangible Book Value | 32.59 | 26.52 | 20.17 | 19.34 | 6.88 |
Tangible Book Value Per Share | 364.12 | 1153.46 | - | - | - |
Buildings | 1.61 | 0.75 | 0.5 | 0.5 | 0.29 |
Machinery | 3.89 | 2.91 | 2.74 | 2.15 | 1.57 |
Construction In Progress | 3.93 | 0.22 | 0.02 | - | - |