Erayak Financial Statements From 2010 to 2024

RAYA Stock   1.19  0.01  0.83%   
Erayak Power financial statements provide useful quarterly and yearly information to potential Erayak Power Solution investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Erayak Power financial statements helps investors assess Erayak Power's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Erayak Power's valuation are summarized below:
Gross Profit
5.7 M
Profit Margin
(0.01)
Market Capitalization
33.6 M
Enterprise Value Revenue
1.5413
Revenue
22.8 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 2024 to make sure the company can sustain itself down the road.

Erayak Power Total Revenue

19.56 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 Tax Provision of 324.9 K, Depreciation And Amortization of 947.8 K or Interest Expense of 387 K, as well as many indicators such as Price To Sales Ratio of 0.62, Dividend Yield of 0.0 or PTB Ratio of 0.62. Erayak financial statements analysis is a perfect complement when working with Erayak Power Valuation or Volatility modules.
  
Check out the analysis of Erayak Power Correlation against competitors.

Erayak Power Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets29 M35.3 M18.8 M
Slightly volatile
Short and Long Term Debt Total2.1 M2.2 M8.3 M
Slightly volatile
Other Current Liabilities6.1 M5.8 M1.5 M
Slightly volatile
Total Current Liabilities15.7 M13.2 M12.4 M
Slightly volatile
Total Stockholder Equity11.2 M20.2 M4.7 M
Slightly volatile
Net Tangible Assets4.1 M7.9 M2.6 M
Slightly volatile
Property Plant And Equipment Net7.7 M9.3 M9.5 M
Slightly volatile
Current Deferred Revenue452.7 K357.4 K468.5 K
Slightly volatile
Accounts Payable4.5 M5.7 M3.3 M
Slightly volatile
Cash4.3 M5.9 M2.2 M
Slightly volatile
Non Current Assets Total11.5 M13.2 M10.1 M
Slightly volatile
Other Assets27.9 K41.7 K32.9 K
Pretty Stable
Long Term Debt1.6 M1.9 M1.6 M
Pretty Stable
Cash And Short Term Investments4.3 M5.9 M2.2 M
Slightly volatile
Net Receivables5.5 M6.4 M2.8 M
Slightly volatile
Common Stock Shares Outstanding9.6 M10.8 M11.8 M
Slightly volatile
Liabilities And Stockholders Equity29 M35.3 M18.8 M
Slightly volatile
Non Current Liabilities Total1.6 M1.9 M1.6 M
Pretty Stable
Inventory4.4 M7.1 M2.4 M
Slightly volatile
Other Current Assets3.3 M2.7 M1.3 M
Slightly volatile
Other Stockholder Equity12.9 M12.2 M3.2 M
Slightly volatile
Total Liabilities17.8 M15.1 M14.1 M
Slightly volatile
Deferred Long Term Liabilities24.4 K27.4 K29.9 K
Slightly volatile
Net Invested Capital19.6 M22.4 M9.1 M
Slightly volatile
Property Plant And Equipment Gross11.5 M10.6 M10.3 M
Slightly volatile
Short and Long Term Debt281 K295.8 K2.4 M
Slightly volatile
Total Current Assets17.5 M22.1 M8.7 M
Slightly volatile
Capital Stock7261.4 K281
Slightly volatile
Short Term Debt281 K295.8 K6.6 M
Slightly volatile
Intangible Assets33.4 K31.9 K8.6 K
Slightly volatile
Common Stock7261.4 K281
Slightly volatile
Property Plant Equipment10.9 M11.4 M9.9 M
Slightly volatile

Erayak Power Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Tax Provision324.9 K193.2 K214.9 K
Slightly volatile
Depreciation And Amortization947.8 K902.7 K424.6 K
Slightly volatile
Interest Expense387 K492.1 K174.8 K
Slightly volatile
Selling General Administrative1.1 M2.1 M791.8 K
Slightly volatile
Selling And Marketing Expenses440.1 K722.5 K281.3 K
Slightly volatile
Total Revenue19.6 M20.3 M12.6 M
Slightly volatile
Gross Profit5.1 M4.9 M3.3 M
Slightly volatile
Other Operating Expenses17 M19.6 M11.1 M
Slightly volatile
Operating Income709.4 K746.8 K1.4 M
Slightly volatile
Net Income From Continuing Ops1.2 M1.2 M1.4 M
Slightly volatile
EBIT2.8 M1.9 M1.6 M
Slightly volatile
Research Development926.2 K1.2 M647.7 K
Slightly volatile
EBITDA3.2 M2.8 MM
Slightly volatile
Cost Of Revenue14.4 M15.4 M9.3 M
Slightly volatile
Total Operating Expenses2.5 M4.2 M1.8 M
Slightly volatile
Reconciled Depreciation479.3 K902.7 K248.7 K
Slightly volatile
Income Before Tax2.8 M1.4 M1.7 M
Slightly volatile
Net Income Applicable To Common Shares2.4 M3.9 M1.7 M
Slightly volatile
Net Income1.2 M1.2 M1.4 M
Slightly volatile
Income Tax Expense324.9 K193.2 K214.9 K
Slightly volatile
Interest Income45.3 K88.1 K24.6 K
Slightly volatile

Erayak Power Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow3.9 M7.1 M1.6 M
Slightly volatile
Depreciation479.3 K902.7 K248.7 K
Slightly volatile
Capital Expenditures485.1 K709.9 K401.5 K
Slightly volatile
Net Income1.2 M1.2 M1.4 M
Slightly volatile
End Period Cash Flow5.1 M5.9 M2.5 M
Slightly volatile
Stock Based Compensation35.8 K57.5 K24 K
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.620.64953.4919
Slightly volatile
PTB Ratio0.620.653429.1656
Slightly volatile
Days Sales Outstanding76.1811567.6397
Slightly volatile
Book Value Per Share1.771.68350.4486
Slightly volatile
Average Payables3.3 M4.7 M3.4 M
Slightly volatile
Capex To Depreciation0.750.78642.3922
Slightly volatile
PB Ratio0.620.653429.1656
Slightly volatile
EV To Sales0.440.4674.118
Slightly volatile
ROIC0.02740.02880.1931
Slightly volatile
Inventory Turnover2.072.17984.6978
Slightly volatile
Net Income Per Share0.150.10160.1201
Slightly volatile
Days Of Inventory On Hand17616787.1385
Slightly volatile
Payables Turnover2.522.70372.6835
Slightly volatile
Sales General And Administrative To Revenue0.110.10160.0698
Very volatile
Average Inventory3.9 M6.6 M3.3 M
Slightly volatile
Research And Ddevelopement To Revenue0.05390.05790.0541
Slightly volatile
Capex To Revenue0.02830.03490.0353
Slightly volatile
Cash Per Share0.260.48980.1766
Slightly volatile
Interest Coverage1.441.517513.0976
Slightly volatile
Days Payables Outstanding132135139
Slightly volatile
ROE0.05730.06030.7504
Slightly volatile
PE Ratio19.8910.831132.862
Slightly volatile
Return On Tangible Assets0.03280.03460.0742
Very volatile
Earnings Yield0.0640.09230.0451
Slightly volatile
Intangibles To Total Assets9.0E-49.0E-44.0E-4
Slightly volatile
Current Ratio0.861.67260.6193
Slightly volatile
Tangible Book Value Per Share1.761.68090.4474
Slightly volatile
Receivables Turnover5.73.16766.3699
Slightly volatile
Graham Number1.381.96140.8914
Slightly volatile
Shareholders Equity Per Share1.771.68350.4486
Slightly volatile
Debt To Equity0.10.10731.9189
Slightly volatile
Capex Per Share0.06210.05920.0349
Slightly volatile
Revenue Per Share1.181.69351.0202
Slightly volatile
Interest Debt Per Share0.210.22160.3493
Slightly volatile
Debt To Assets0.05840.06140.2045
Pretty Stable
Enterprise Value Over EBITDA3.213.381128.0994
Slightly volatile
Price Earnings Ratio19.8910.831132.862
Slightly volatile
Operating Cycle159283149
Slightly volatile
Price Book Value Ratio0.620.653429.1656
Slightly volatile
Days Of Payables Outstanding132135139
Slightly volatile
Pretax Profit Margin0.0660.06950.1269
Very volatile
Ebt Per Ebit1.01.89081.2294
Very volatile
Operating Profit Margin0.03490.03670.105
Very volatile
Effective Tax Rate0.130.13690.1356
Slightly volatile
Company Equity Multiplier1.661.746610.2512
Slightly volatile
Long Term Debt To Capitalization0.08050.08480.4577
Slightly volatile
Total Debt To Capitalization0.0920.09690.5924
Slightly volatile
Return On Capital Employed0.03210.03380.3177
Slightly volatile
Debt Equity Ratio0.10.10731.9189
Slightly volatile
Ebit Per Revenue0.03490.03670.105
Very volatile
Quick Ratio0.641.13850.442
Slightly volatile
Net Income Per E B T0.70.86310.8531
Pretty Stable
Cash Ratio0.220.44490.1624
Slightly volatile
Days Of Inventory Outstanding17616787.1385
Slightly volatile
Days Of Sales Outstanding76.1811567.6397
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.70.89450.5194
Slightly volatile
Price To Book Ratio0.620.653429.1656
Slightly volatile
Fixed Asset Turnover1.482.19381.2712
Slightly volatile
Enterprise Value Multiple3.213.381128.0994
Slightly volatile
Debt Ratio0.05840.06140.2045
Pretty Stable
Price Sales Ratio0.620.64953.4919
Slightly volatile
Return On Assets0.03280.03450.0742
Very volatile
Asset Turnover0.750.57590.676
Pretty Stable
Net Profit Margin0.0570.060.1099
Very volatile
Gross Profit Margin0.290.24310.2585
Slightly volatile
Price Fair Value0.620.653429.1656
Slightly volatile
Return On Equity0.05730.06030.7504
Slightly volatile

Erayak Power Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap10.6 M11.9 M12.9 M
Slightly volatile
Enterprise Value7.6 M8.5 M9.3 M
Slightly volatile

Erayak Fundamental Market Drivers

Forward Price Earnings2.5355
Cash And Short Term Investments5.9 M

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 Revenue357.4 K452.7 K
Total Revenue20.3 M19.6 M
Cost Of Revenue15.4 M14.4 M
Sales General And Administrative To Revenue 0.10  0.11 
Research And Ddevelopement To Revenue 0.06  0.05 
Capex To Revenue 0.03  0.03 
Revenue Per Share 1.69  1.18 
Ebit Per Revenue 0.04  0.03 

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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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
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
(0.01)
Revenue Per Share
1.695
Quarterly Revenue Growth
0.264
Return On Assets
(0.02)
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.