Erayak Power Solution Group Inc. (RAYA)

RAYA Balance Sheet

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

Year	2023	2022	2021	2020
Cash & Equivalents	5.88	7.07	5.17	4.06
Short-Term Investments	0	0.17	0	0
Cash & Cash Equivalents	5.88	7.24	5.17	4.06
Cash Growth	-18.75%	39.82%	27.39%	-
Receivables	9.16	14.77	1.81	6.2
Inventory	7.06	6.23	3.9	1.68
Other Current Assets	0	0	2.61	0
Total Current Assets	22.1	28.24	13.49	11.95
Property, Plant & Equipment	9.26	9.33	9.93	10.16
Goodwill and Intangibles	0.03	0.01	0.01	0.01
Other Long-Term Assets	3.89	0.03	0.04	0.01
Total Long-Term Assets	13.19	9.37	9.98	10.18
Total Assets	35.29	37.61	23.47	22.13
Accounts Payable	7.97	5.12	4.31	4.22
Current Debt	0.3	10.58	5.76	11.09
Other Current Liabilities	4.94	2.35	1.8	1.91
Total Current Liabilities	13.21	18.04	11.87	17.22
Long-Term Debt	1.87	0.22	4.71	1.53
Total Long-Term Liabilities	1.87	0.22	4.71	1.53
Total Liabilities	15.08	18.26	16.58	18.75
Total Debt	2.17	10.79	10.46	12.62
Debt Growth	-79.92%	3.16%	-17.08%	-
Retained Earnings	9.19	8.16	5.04	1.99
Comprehensive Income	-0.74	-0.38	0.23	0.1
Shareholders' Equity	20.2	19.34	6.89	3.38
Net Cash / Debt	3.71	-3.56	-5.29	-8.56
Net Cash Per Share	0.31	-0.39	-3.74	-855.66
Working Capital	8.89	10.19	1.63	-5.27
Book Value Per Share	1.68	2.12	4.88	337.64

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).