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

Total Valuation

RAYA has a market cap or net worth of $48.00 million. The enterprise value is $54.96 million.

Market Cap 48.00M
Enterprise Value 54.96M

Important Dates

Earnings Date n/a
Ex-Dividend Date n/a

Share Statistics

RAYA has 12.00 million shares outstanding.

Shares Outstanding 12.00M
Shares Change (YoY) n/a
Shares Change (QoQ) n/a
Owned by Insiders (%) n/a
Owned by Institutions (%) n/a
Float n/a

Valuation Ratios

PE Ratio 16.39
Forward PE n/a
PS Ratio 3.00
Forward PS n/a
PB Ratio 9.95
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings 18.77
EV / Sales 3.43
EV / EBITDA 14.31
EV / EBIT 15.04
EV / FCF n/a

Financial Position

Current Ratio n/a
Quick Ratio 0.75
Debt / Equity 2.30
Debt / EBITDA 2.89
Debt / FCF n/a

Financial Efficiency

Return on Equity (ROE) n/a
Return on Assets (ROA) n/a
Return on Capital (ROIC) n/a
Revenue Per Employee $133,372
Profits Per Employee $24,401
Employee Count 120
Asset Turnover n/a
Inventory Turnover n/a

Taxes

In the past 12 months, RAYA has paid $371,368 in taxes.

Income Tax 371,368
Effective Tax Rate 11.26%

Stock Price Statistics

Beta (1Y) n/a
Total Price Change n/a
50-Day Moving Average n/a
200-Day Moving Average n/a
Average Volume (30 Days) n/a

Short Selling Information

Short Interest n/a
Short % of Shares Out n/a
Short % of Float n/a
Short Ratio (days to cover) n/a

Income Statement

In the last 12 months, RAYA had revenue of $16.00 million and earned 2.93 million in profits. Earnings per share was $0.24.

Revenue 16.00M
Gross Profit 5.02M
Operating Income 3.16M
Pretax Income 3.30M
Net Income 2.93M
EBITDA 3.84M
EBIT 3.65M
Earnings Per Share (EPS) $0.24
Full Income Statement

Balance Sheet

The company has $4.16 million in cash and $11.11 million in debt, giving a net cash position of -$6.96 million or -$0.58 per share.

Cash & Cash Equivalents 4.16M
Total Debt 11.11M
Net Cash -6.96M
Net Cash Per Share -$0.58
Book Value 4.82M
Book Value Per Share 0.40
Working Capital 956,434
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$3.50 million and capital expenditures -$315,735, giving a free cash flow of -$3.82 million.

Operating Cash Flow -3.50M
Capital Expenditures -315,735
Free Cash Flow -3.82M
FCF Per Share n/a
Full Cash Flow Statement

Margins

Gross margin is 31.36%, with operating and profit margins of 19.77% and 18.30%.

Gross Margin 31.36%
Operating Margin 19.77%
Pretax Margin 20.62%
Profit Margin 18.30%
EBITDA Margin 24.00%
EBIT Margin 22.84%
FCF Margin -23.87%

Dividends & Yields

RAYA does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Earnings Yield 6.10%
FCF Yield -7.96%
Dividend Growth (YoY) n/a
Payout Ratio n/a
Buyback Yield n/a
Shareholder Yield n/a
Dividend Details

Analyst Forecast

Price Target n/a
Price Target Difference n/a
Analyst Consensus n/a
Analyst Count n/a

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a