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