Erayak Power Financials

RAYA Stock   1.21  0.01  0.82%   
Based on the analysis of Erayak Power's profitability, liquidity, and operating efficiency, Erayak Power Solution is not in a good financial situation at this time. It has a very high probability of going through financial hardship in April. At present, Erayak Power's Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 15.7 M, whereas Total Assets are forecasted to decline to about 29 M. Key indicators impacting Erayak Power's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.06550.069
Notably Down
Pretty Stable
Return On Assets0.03770.0397
Notably Down
Pretty Stable
Return On Equity0.06590.0694
Notably Down
Slightly volatile
Debt Equity Ratio0.120.1073
Moderately Up
Slightly volatile
Operating Income815.8 K858.8 K
Notably Down
Slightly volatile
Current Ratio0.861.51
Way Down
Slightly volatile
The essential information of the day-to-day investment outlook for Erayak Power includes many different criteria found on its balance sheet. An individual investor should monitor Erayak Power's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Erayak Power.

Net Income

2.48 Million

  
Please note, the presentation of Erayak Power's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Erayak Power's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Erayak Power's management manipulating its earnings.

Erayak Power Stock Summary

Erayak Power competes with NeoVolta Common, Hayward Holdings, Advanced Energy, Espey Mfg, and Flux Power. Erayak Power is entity of United States. It is traded as Stock on NASDAQ exchange.
Foreign Associate
  Egypt
Specialization
Industrials, Electrical Equipment & Parts
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
CUSIPG3109F103
LocationChina
Business AddressNo 528, 4th
SectorMachinery
IndustryIndustrials
BenchmarkDow Jones Industrial
Websiteerayakpower.com
Phone86 57 1826 51956

Erayak Power Key Financial Ratios

Erayak Power Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets22.1M23.5M37.6M35.3M40.6M29.0M
Other Current Liab1.3M784.7K1.2M5.8M6.7M7.0M
Net Debt12.2M5.3M3.8M(3.7M)(3.3M)(3.2M)
Retained Earnings2.0M5.0M8.2M9.2M10.6M5.4M
Accounts Payable3.2M4.2M4.7M5.7M6.5M4.5M
Cash460.5K5.2M7.0M5.9M6.8M4.3M
Long Term Debt1.5M4.7M217.5K1.9M1.7M1.6M
Net Receivables5.2M1.8M10.2M6.4M7.4M5.5M
Inventory1.7M3.9M6.2M7.1M8.1M4.4M
Other Current Assets4.6M2.6M4.8M2.7M3.2M3.3M
Total Liab18.8M16.6M18.3M15.1M17.3M17.8M
Net Invested Capital16.0M17.4M30.1M22.4M25.7M19.6M
Short Long Term Debt11.1M5.8M10.6M295.8K266.2K252.9K
Total Current Assets11.9M13.5M28.2M22.1M25.4M17.5M
Net Working Capital(5.3M)1.6M10.2M8.9M10.2M10.7M
Short Term Debt11.1M5.8M10.6M295.8K266.2K252.9K
Intangible Assets12.1K11.1K8.8K31.9K36.6K38.5K

Erayak Power Key Income Statement Accounts

202020212022202320242025 (projected)
Tax Provision385.7K301.9K437.8K193.2K222.2K324.9K
Net Interest Income(262.6K)(429.5K)(484.5K)(404.0K)(363.6K)(381.8K)
Interest Expense262.6K451.7K499.7K492.1K565.9K387.0K
Total Revenue14.1M18.6M26.9M20.3M23.4M19.6M
Gross Profit3.8M5.7M6.6M4.9M5.7M5.1M
Operating Income2.4M3.5M4.1M746.8K858.8K815.8K
Ebit2.3M3.5M4.1M1.9M2.2M2.8M
Research Development605.1K986.9K932.3K1.2M1.4M926.2K
Ebitda2.5M3.7M4.3M2.8M3.2M3.2M
Cost Of Revenue10.3M12.9M20.3M15.4M17.7M14.4M
Income Before Tax2.6M3.7M3.9M1.4M1.6M2.8M
Net Income2.2M3.4M3.5M1.2M1.4M2.5M
Income Tax Expense385.7K301.9K437.8K193.2K222.2K324.9K

Erayak Power Key Cash Accounts

202020212022202320242025 (projected)
Change To Inventory(329.4K)(2.2M)(2.7M)(1.1M)(982.0K)(1.0M)
Investments(186.0K)(244.2K)(4.9M)(1.4M)(1.2M)(1.3M)
Change In Cash3.1M1.1M1.9M(1.2M)(1.1M)(1.0M)
Free Cash Flow(8.1M)4.4M(4.8M)6.0M6.9M7.3M
Depreciation148.2K215.1K793.6K902.7K1.0M1.1M
Other Non Cash Items(6.2M)616.6K(4.5K)136.3K156.8K164.6K
Capital Expenditures186.0K244.2K694.8K709.9K816.4K485.1K
Net Income2.2M3.4M3.5M1.2M1.4M2.5M
End Period Cash Flow4.1M5.2M7.1M5.9M6.8M5.1M

Erayak Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Erayak Power's current stock value. Our valuation model uses many indicators to compare Erayak Power value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Erayak Power competition to find correlations between indicators driving Erayak Power's intrinsic value. More Info.
Erayak Power Solution is rated fourth in return on equity category among its peers. It is rated third in return on asset category among its peers . At present, Erayak Power's Return On Equity is projected to slightly decrease based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Erayak Power's earnings, one of the primary drivers of an investment's value.

Erayak Power Solution Systematic Risk

Erayak Power's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Erayak Power volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Erayak Power Solution correlated with the market. If Beta is less than 0 Erayak Power generally moves in the opposite direction as compared to the market. If Erayak Power Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Erayak Power Solution is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Erayak Power is generally in the same direction as the market. If Beta > 1 Erayak Power moves generally in the same direction as, but more than the movement of the benchmark.

About Erayak Power Financials

What exactly are Erayak Power Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Erayak Power's income statement, its balance sheet, and the statement of cash flows. Potential Erayak Power investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Erayak Power investors may use each financial statement separately, they are all related. The changes in Erayak Power's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Erayak Power's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
Today, most investors in Erayak Power Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Erayak Power's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Erayak Power growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.14)

At present, Erayak Power's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

Erayak Power March 24, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Erayak Power help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Erayak Power Solution. We use our internally-developed statistical techniques to arrive at the intrinsic value of Erayak Power Solution based on widely used predictive technical indicators. In general, we focus on analyzing Erayak Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Erayak Power's daily price indicators and compare them against related drivers.

Complementary Tools for Erayak Stock analysis

When running Erayak Power's price analysis, check to measure Erayak Power's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Erayak Power is operating at the current time. Most of Erayak Power's value examination focuses on studying past and present price action to predict the probability of Erayak Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Erayak Power's price. Additionally, you may evaluate how the addition of Erayak Power to your portfolios can decrease your overall portfolio volatility.
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