Erayak Power Solution (RAYA)
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Erayak Power Solution Group Inc. is a China-based power electronics company that designs, manufactures and sells products used to convert, store and manage electricity in mobile, off-grid and backup-power settings. Its Class A ordinary shares trade under the symbol RAYA, giving investors exposure to a niche manufacturer serving customers in areas such as vehicles, outdoor equipment, recreational living and industrial applications.
The company’s core product line is built around inverters, including sine wave and off-grid models that convert direct current into alternating current for use with appliances, tools and other electrical systems. Erayak also offers inverter-generator products, gasoline generators, battery chargers, smart chargers and customized power-solution devices tailored to specific customer requirements. These products are commonly used in agricultural and industrial vehicles, RVs, outdoor living products and electrical appliances where reliable portable or alternative power is important.
Erayak participates in markets linked to electrification, distributed power and energy storage, but it remains primarily a manufacturing and distribution business rather than a utility or power producer. Revenue is concentrated in inverter-related products, making demand for that category especially important to the company’s performance.
Geographically, Erayak sells into several international markets, including China, Poland, Mexico, the United Kingdom and Portugal. China represents its largest revenue source, reflecting both the company’s operational base and its strongest commercial market. Its prospects depend on product competitiveness, export demand, supply-chain efficiency and the broader adoption of portable and off-grid power equipment.
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Erayak Power Solution Group. Announces $3 Million Registered Direct Offering
Erayak Power Solution Group Inc. to Participate in Two Upcoming Conferences in October 2023
Erayak Power Solution Group Inc. In Discussions with Potential Strategic Partners to Expand Market Opportunities and Product Offerings
Erayak Power Solution Group Inc. Initiates Plans to Expand into the Middle East and South Asia
Erayak Power Solution Group Inc. Participated in the 2023 Wenzhou Bay New Area Jinhai Lake Starlight Market Festival, from July 21 to July 23
Erayak Power Solution Group Inc. to Deliver a Live Presentation at the Skyline Signature Series™ on Monday, July 24, 2023
Erayak Power Solution Group Inc Announces the Upcoming Launch of its BDS Portable Power Station Series
U.S. Consulate General Shanghai Visits Erayak Power Solution Group in an Effort to Strengthen Bilateral Trade between China and the U.S.
Erayak Power Solution Group Inc. Reports 44.5% Increase in Revenue, 15.7% Increase in Gross Profit in Fiscal Year 2022
Erayak Power Solution Group Inc. to Participate in the 133rd China Import and Export Fair 2023 from April 15-19
Erayak Power Solution Group Inc. Reports Approximately 500% Increase in Generator Sales in Fiscal Year 2022
Erayak Power Solution Group Inc. Reports 437% Increase in Generator Sales in the First Half of 2022
Erayak Power Solution Group Inc. Announces Closing of $12 Million Initial Public Offering
Income Statement
| Line Item | 2025 Q4 | 2024 Q4 | 2023 Q4 | 2022 Q4 |
|---|---|---|---|---|
| Revenue | — | — | — | — |
| Gross profit | — | — | — | — |
| Operating income | — | — | — | — |
| EBITDA | 0 | 0 | 0 | 0 |
| Net income | — | — | — | — |
| Basic EPS | — | — | — | — |
| Diluted EPS | — | — | — | — |
Balance Sheet
| Line Item | 2025 Q4 | 2024 Q4 | 2023 Q4 | 2022 Q4 |
|---|---|---|---|---|
| Total assets | 59.45M | 46.03M | 35.29M | 37.61M |
| Total liabilities | 24.18M | 19.45M | 15.08M | 18.26M |
| Total equity | 35.27M | 26.59M | 20.2M | 19.34M |
| Cash & equivalents | 184.86K | 532.61K | 5.88M | 7.03M |
| Current assets | 43.11M | 32.3M | 22.1M | 28.2M |
| Current liabilities | 20.77M | 15.53M | 13.21M | 18.04M |
Cash Flow
| Line Item | 2025 Q4 | 2024 Q4 | 2023 Q4 | 2022 Q4 |
|---|---|---|---|---|
| Operating cash flow | — | — | — | — |
| Investing cash flow | — | — | — | — |
| Financing cash flow | — | — | — | — |
| Change in cash | — | — | — | — |
| Kind | Filing | Date | Link |
|---|---|---|---|
| edgar index | 20-F — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 6-K — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 6-K — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 6-K — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 424B5 — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 6-K — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 424B3 — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 424B5 — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 6-K — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 6-K/A — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 6-K — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 6-K/A — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 6-K — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 6-K — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 6-K — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 6-K/A — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 6-K — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 6-K — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 6-K — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 6-K — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 6-K — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 6-K — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 424B5 — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 6-K — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 6-K — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 6-K — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 6-K — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 6-K — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 6-K — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 424B5 — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 6-K — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 6-K/A — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 424B5 — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 6-K — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 6-K — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 20-F — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 6-K/A — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 6-K/A — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 6-K/A — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 6-K — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 6-K — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 6-K — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 6-K — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | EFFECT — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | CORRESP — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | UPLOAD — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | F-3 — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 6-K — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | EFFECT — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 6-K — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | CORRESP — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | F-3/A — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | CORRESP — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 20-F — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | UPLOAD — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | F-3 — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 6-K — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | SC 13G — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | SC 13G — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 6-K — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 6-K — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 6-K — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 6-K — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 6-K — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 6-K — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 6-K — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 20-F — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | NT 20-F — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 6-K — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 424B4 — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | CERT — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | 8-A12B — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | EFFECT — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | CORRESP — Erayak Power Solution Group Inc. | View Filing | |
| edgar index | CORRESP — Erayak Power Solution Group Inc. | View Filing |