Erayak Financial Statements From 2010 to 2026

RAYA Stock   3.77  0.06  1.57%   
Erayak Power's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Erayak Power's valuation are provided below:
Gross Profit
4.3 M
Profit Margin
(0.02)
Market Capitalization
3.6 M
Enterprise Value Revenue
0.3975
Revenue
27.1 M
We have found one hundred twenty available fundamental signals for Erayak Power Solution, which can be analyzed and compared to other ratios and to its rivals. All investors should make sure to verify all of Erayak Power Solution prevailing market performance against the performance between 2010 and 2026 to make sure the company can sustain itself down the road.

Erayak Power Total Revenue

21.86 Million

Check Erayak Power financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Erayak Power's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.4 M, Interest Expense of 164.1 K or Selling General Administrative of 2.9 M, as well as many indicators such as Price To Sales Ratio of 161, Dividend Yield of 0.0 or PTB Ratio of 183. Erayak financial statements analysis is a perfect complement when working with Erayak Power Valuation or Volatility modules.
  
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Check out the analysis of Erayak Power Correlation against competitors.

Erayak Power Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets32.6 M52.9 M22.6 M
Slightly volatile
Short and Long Term Debt Total6.6 M4.6 M8.1 M
Slightly volatile
Other Current Liabilities2.6 MM1.5 M
Slightly volatile
Total Current Liabilities15.9 M17.9 M12.9 M
Slightly volatile
Total Stockholder Equity32.1 M30.6 M8.8 M
Slightly volatile
Net Tangible Assets4.1 M7.9 M3.1 M
Slightly volatile
Property Plant And Equipment Net7.6 M7.8 M9.4 M
Slightly volatile
Current Deferred Revenue461 K565.3 K484 K
Slightly volatile
Accounts Payable5.3 M9.6 MM
Slightly volatile
Cash581.9 K612.5 K1.8 M
Slightly volatile
Non Current Assets Total12 M14.9 M10.6 M
Slightly volatile
Other Assets27.9 K41.7 K33.3 K
Very volatile
Long Term Debt2.5 M4.5 MM
Slightly volatile
Cash And Short Term Investments581.9 K612.5 K1.8 M
Slightly volatile
Net Receivables16.3 M15.5 M4.8 M
Slightly volatile
Common Stock Shares Outstanding13.7 M17.2 M12.6 M
Slightly volatile
Liabilities And Stockholders Equity32.6 M52.9 M22.6 M
Slightly volatile
Non Current Liabilities Total2.5 M4.5 MM
Slightly volatile
Inventory5.3 M10.2 M3.3 M
Slightly volatile
Other Current Assets12.4 M11.8 MM
Slightly volatile
Other Stockholder Equity22.5 M21.4 M5.7 M
Slightly volatile
Total Liabilities18.4 M22.4 M14.9 M
Slightly volatile
Deferred Long Term Liabilities24.4 K27.4 K30 K
Slightly volatile
Net Invested Capital22.1 M36.5 M12.2 M
Slightly volatile
Property Plant And Equipment Gross11.5 M11.9 M10.4 M
Slightly volatile
Short and Long Term DebtM1.1 M2.3 M
Slightly volatile
Total Current Assets20.6 M38.1 M12 M
Slightly volatile
Capital Stock6.1 K5.8 K1.2 K
Slightly volatile
Short Term DebtM1.1 MM
Slightly volatile
Intangible Assets74.8 K71.3 K17.9 K
Slightly volatile
Common Stock6.1 K5.8 K1.2 K
Slightly volatile
Property Plant Equipment10.9 M11.4 M9.9 M
Slightly volatile

Erayak Power Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization1.4 M1.3 M381.9 K
Slightly volatile
Interest Expense164.1 K172.7 K159.3 K
Slightly volatile
Selling General Administrative2.9 M2.8 M1.1 M
Slightly volatile
Selling And Marketing Expenses490.7 K777.7 K336.7 K
Slightly volatile
Total Revenue21.9 M34.8 M15.1 M
Slightly volatile
Gross ProfitM4.6 M3.4 M
Slightly volatile
Other Operating Expenses20 M36.6 M14.1 M
Slightly volatile
Research Development1.1 M1.9 M791.8 K
Slightly volatile
EBITDA76.7 K80.7 K1.6 M
Very volatile
Cost Of Revenue16.8 M30.3 M11.7 M
Slightly volatile
Total Operating Expenses6.7 M6.4 M2.5 M
Slightly volatile
Reconciled Depreciation1.4 M1.3 M412.8 K
Slightly volatile
Net Income Applicable To Common Shares2.4 M3.9 M1.9 M
Slightly volatile
Interest Income11.7 K12.3 K21.1 K
Pretty Stable

Erayak Power Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow4.3 M6.8 M2.2 M
Slightly volatile
Depreciation705.3 K1.3 M406.7 K
Slightly volatile
Capital Expenditures506 K638.1 K425.7 K
Slightly volatile
End Period Cash Flow1.4 M1.5 M2.2 M
Slightly volatile
Stock Based Compensation35.8 K57.5 K27 K
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio161169698
Slightly volatile
PTB Ratio1831935.7 K
Slightly volatile
Days Sales Outstanding85.1514678.3729
Slightly volatile
Book Value Per Share1.681.60.5895
Slightly volatile
Average Payables4.1 M6.3 M3.9 M
Slightly volatile
Capex To Depreciation0.540.572.1131
Slightly volatile
PB Ratio1831935.7 K
Slightly volatile
EV To Sales161170699
Slightly volatile
Inventory Turnover4.253.424.6497
Slightly volatile
Days Of Inventory On Hand85.3811085.2694
Slightly volatile
Payables Turnover2.522.842.7205
Slightly volatile
Sales General And Administrative To Revenue0.04990.07230.067
Pretty Stable
Average Inventory3.9 MM3.6 M
Slightly volatile
Research And Ddevelopement To Revenue0.04010.04960.053
Slightly volatile
Capex To Revenue0.0270.02110.0334
Slightly volatile
Cash Per Share0.03050.03210.1463
Slightly volatile
Days Payables Outstanding131133137
Slightly volatile
Intangibles To Total Assets0.00130.00125.0E-4
Slightly volatile
Current Ratio1.011.920.7936
Slightly volatile
Tangible Book Value Per Share0.81.60.537
Slightly volatile
Receivables Turnover5.162.585.8726
Slightly volatile
Shareholders Equity Per Share1.681.60.5895
Slightly volatile
Debt To Equity0.210.225.5975
Slightly volatile
Capex Per Share0.02940.03350.033
Slightly volatile
Average ReceivablesMM9.8 M
Slightly volatile
Revenue Per Share1.261.831.132
Slightly volatile
Interest Debt Per Share0.770.410.6989
Pretty Stable
Debt To Assets0.120.130.478
Slightly volatile
Enterprise Value Over EBITDA47.1 K44.9 K12.9 K
Slightly volatile
Graham Number1.381.771.006
Slightly volatile
Operating Cycle171257164
Slightly volatile
Price Book Value Ratio1831935.7 K
Slightly volatile
Days Of Payables Outstanding131133137
Slightly volatile
Ebt Per Ebit1.290.871.1989
Pretty Stable
Effective Tax Rate0.120.06450.1261
Slightly volatile
Company Equity Multiplier1.891.999.2777
Slightly volatile
Long Term Debt To Capitalization0.290.150.4325
Slightly volatile
Total Debt To Capitalization0.180.190.6685
Slightly volatile
Debt Equity Ratio0.210.225.5975
Slightly volatile
Quick Ratio0.741.410.5706
Slightly volatile
Net Income Per E B T0.710.850.8588
Pretty Stable
Cash Ratio0.02930.03090.1359
Pretty Stable
Days Of Inventory Outstanding85.3811085.2694
Slightly volatile
Days Of Sales Outstanding85.1514678.3729
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.720.930.5751
Slightly volatile
Price To Book Ratio1831935.7 K
Slightly volatile
Fixed Asset Turnover1.73.171.528
Slightly volatile
Enterprise Value Multiple47.1 K44.9 K12.9 K
Slightly volatile
Debt Ratio0.120.130.478
Slightly volatile
Price Sales Ratio161169698
Slightly volatile
Asset Turnover0.740.760.6793
Slightly volatile
Gross Profit Margin0.260.150.2426
Slightly volatile
Price Fair Value1831935.7 K
Slightly volatile

Erayak Power Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap3.6 BB4.4 B
Slightly volatile
Enterprise Value3.6 BB4.4 B
Slightly volatile

Erayak Fundamental Market Drivers

Forward Price Earnings2.5355
Cash And Short Term Investments532.6 K

Erayak Upcoming Events

20th of May 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View
20th of May 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Erayak Power Financial Statements

Erayak Power stakeholders use historical fundamental indicators, such as Erayak Power's revenue or net income, to determine how well the company is positioned to perform in the future. Although Erayak Power investors may analyze each financial statement separately, they are all interrelated. For example, changes in Erayak Power's assets and liabilities are reflected in the revenues and expenses on Erayak Power's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Erayak Power Solution. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue565.3 K461 K
Total Revenue34.8 M21.9 M
Cost Of Revenue30.3 M16.8 M
Sales General And Administrative To Revenue 0.07  0.05 
Research And Ddevelopement To Revenue 0.05  0.04 
Capex To Revenue 0.02  0.03 
Revenue Per Share 1.83  1.26 
Ebit Per Revenue(0.06)(0.06)

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Erayak Power Solution offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Erayak Power's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Erayak Power Solution Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Erayak Power Solution Stock:
Check out the analysis of Erayak Power Correlation against competitors.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Erayak Power. If investors know Erayak will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Erayak Power listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.55)
Earnings Share
3.52
Revenue Per Share
1.51
Quarterly Revenue Growth
(0.27)
Return On Assets
(0.01)
The market value of Erayak Power Solution is measured differently than its book value, which is the value of Erayak that is recorded on the company's balance sheet. Investors also form their own opinion of Erayak Power's value that differs from its market value or its book value, called intrinsic value, which is Erayak Power's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Erayak Power's market value can be influenced by many factors that don't directly affect Erayak Power's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Erayak Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Erayak Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Erayak Power's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.