Saturday 17 October 2026
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Erayak Power Solution Group Inc.
RAYA Industrials Electrical Equipment & Parts
Erayak Power Solution Group Inc.’s revenue for fiscal 2025 (year ended December 2025) was $22.9 million, down 24.6% from fiscal 2024.
1.47
0.07
+5.00%
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| Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | Dec '24 | Dec '25 | |
|---|---|---|---|---|---|---|---|
Piotroski F-Score |
— | — | 8 | 4 | 5 | 2 | 3 |
Altman Z-Score |
— | — | — | 2.29 | 1.83 | 2.30 | 0.95 |
P/S ratio |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Altman Z″-Score (non-manufacturers) |
(2.60) | 0.35 | 2.59 | 4.33 | 4.05 | 4.28 | 4.20 |
P/FCF ratio |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Beneish M-Score |
— | 1.38 | 194.49 | 1.56 | (3.57) | 0.24 | (2.30) |
P/Operating CF |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
P/B ratio |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Price to Tangible BV |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
EV/Sales |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
EV/EBITDA |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
EV/Operating CF |
0.00 | 0.00 | 0.00 | 0.00 | (0.29) | (0.23) | (0.23) |
EV/FCF |
0.00 | 0.00 | 0.00 | 0.00 | (0.35) | (0.20) | (0.18) |
Quick Ratio |
0.21 | 0.54 | 0.59 | 0.95 | 0.93 | 0.95 | 1.05 |
Current Ratio |
0.34 | 0.69 | 1.14 | 1.56 | 1.67 | 2.13 | 2.09 |
Net Debt/EBITDA |
7.49 | 3.41 | 1.43 | 0.86 | (3.27) | (3.37) | (7.03) |
Debt/Assets |
64.00% | 57.03% | 44.58% | 28.70% | 6.14% | 11.15% | 21.00% |
Debt/Equity |
8.86 | 3.74 | 1.52 | 0.56 | 0.11 | 0.19 | 0.35 |
Asset Turnover |
0.00 | 0.79 | 0.82 | 0.88 | 0.56 | 0.75 | 0.43 |
Operating CF/Net income |
0.56 | (3.58) | 1.37 | (1.19) | 5.52 | 14.23 | 2.28 |
Capex/Depreciation |
0.00 | 0.00 | (1.14) | (2.58) | (1.83) | (1.28) | (13.65) |
Interest Coverage |
33.75 | 17.97 | 8.35 | 8.60 | 1.85 | (11.19) | — |
| 0.00% | 101.86% | 66.10% | 26.50% | 6.16% | (4.77%) | (4.49%) | |
| 0.00% | 12.45% | 14.89% | 11.38% | 3.34% | (2.74%) | (2.64%) | |
ROIC |
0.00% | 0.00% | 17.88% | 11.02% | 2.83% | (3.21%) | (2.40%) |
Return on Tangible Assets |
40.17% | 45.25% | 125.47% | 29.32% | 11.27% | (5.66%) | (4.68%) |
Average Days of Receivables |
51.66 | 135.82 | 35.45 | 136.41 | 115.23 | 162.51 | 270.36 |
Research and Development Expense of Revenue |
5.11% | 3.97% | 5.30% | 3.46% | 5.79% | 5.51% | 7.04% |
Selling, General and Administrative Expense of Revenue |
8.84% | 5.60% | 6.42% | 6.13% | 14.67% | 10.72% | 20.88% |
Intangible Assets out of Total Assets |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.05 |
Share Based Compensation of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Graham Net Nets |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Graham Number |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Free Cash Flow Yield |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Revenue per Share |
0.74 | 1.17 | 31,048.17 | 6,563.17 | 3,763.43 | 2,657.93 | 448.15 |
Operating CF per Share |
0.04 | (0.66) | 7,738.17 | (1,012.46) | 1,246.24 | (1,392.68) | (62.08) |
Capex per Share |
0.00 | 0.00 | (407.00) | (169.46) | (131.46) | (48.68) | (153.67) |
Free Cash Flow per Share |
0.04 | (0.66) | 7,331.17 | (1,181.93) | 1,114.78 | (1,441.36) | (215.75) |
Cash per Share |
0.08 | 0.34 | 8,624.50 | 1,723.71 | 1,088.59 | 116.21 | 97.53 |
Shareholders Equity per Share |
0.08 | 0.28 | 11,490.50 | 4,718.07 | 3,741.13 | 2,332.08 | 691.49 |
Interest Debt per Share |
0.00 | 0.00 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
0.08 | 0.28 | 11,490.50 | 4,718.07 | 3,741.13 | 2,332.08 | 691.49 |
Free Cash Flow |
0.53 | (7.93) | 4.40 | (4.85) | 6.02 | (16.43) | (11.00) |
Working Capital |
(7.31) | (5.27) | 1.63 | 10.19 | 8.89 | 17.56 | 22.59 |
Capital Expenditures |
(0.37) | (0.19) | (0.24) | (0.69) | (0.71) | (0.55) | (7.84) |
Net Current Asset Value |
(8.75) | (6.80) | (3.08) | 9.97 | 7.02 | 13.64 | 19.18 |
EV/EBIT |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Capex to Sales |
0.00 | 0.00 | 0.01 | 0.03 | 0.03 | 0.02 | 0.34 |
Price to Operating Income |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other line items | |||||||
Depreciation/Fixed assets |
0.02 | 0.03 | 0.20 | 0.16 | 0.20 | 0.20 | 0.08 |
Cash ROIC |
5.05% | (39.52%) | 19.52% | (13.02%) | 21.31% | (49.73%) | (20.87%) |
Accounts Receivable Turnover |
0.00 | 4.33 | 5.29 | 4.54 | 2.47 | 3.04 | 1.50 |
Accounts Payable Turnover |
0.00 | 3.48 | 3.51 | 4.57 | 2.94 | 3.75 | 2.47 |
Inventory Turnover |
0.00 | 5.08 | 3.94 | 4.01 | 2.30 | 3.31 | 1.94 |
Average Days of Payables |
147.86 | 113.15 | 117.38 | 85.07 | 135.72 | 115.64 | 126.44 |
Days of Inventory on Hand |
77.29 | 93.27 | 110.33 | 112.03 | 168.34 | 122.60 | 197.39 |
Average Receivables |
— | 3.25 | 3.52 | 5.93 | 8.24 | 9.95 | 15.21 |
Average Payables |
— | 2.98 | 3.68 | 4.44 | 5.21 | 7.01 | 7.28 |
Average Inventory |
— | 2.04 | 3.28 | 5.06 | 6.64 | 7.95 | 9.28 |
Average Assets |
— | 17.78 | 22.80 | 30.54 | 36.45 | 40.66 | 52.74 |
Average Common Equity |
— | 2.17 | 5.14 | 13.12 | 19.77 | 23.39 | 30.93 |
Columns are period end dates · fundamentals updated 16 Oct 2026