Erayak Power Solution Group Inc. (RAYA)

Erayak Power Solution Group will go public soon. The estimated IPO date is December 7, 2022.
IPO Price
Shares Offered
Deal Size

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


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
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


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