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.

3.44 USD
3.40 USD
−0.24 (-6.52%)
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GlobeNewswire Inc.

Erayak Power Solution Group. Announces $3 Million Registered Direct Offering

25 Jul 2025, 18:50 PM
GlobeNewswire Inc.

Erayak Power Solution Group Inc. to Participate in Two Upcoming Conferences in October 2023

17 Oct 2023, 13:00 PM
GlobeNewswire Inc.

Erayak Power Solution Group Inc. In Discussions with Potential Strategic Partners to Expand Market Opportunities and Product Offerings

28 Sept 2023, 17:06 PM
GlobeNewswire Inc.

Erayak Power Solution Group Inc. Initiates Plans to Expand into the Middle East and South Asia

11 Sept 2023, 14:00 PM
GlobeNewswire Inc.

Erayak Power Solution Group Inc. Participated in the 2023 Wenzhou Bay New Area Jinhai Lake Starlight Market Festival, from July 21 to July 23

07 Aug 2023, 14:00 PM
GlobeNewswire Inc.

Erayak Power Solution Group Inc. to Deliver a Live Presentation at the Skyline Signature Series™ on Monday, July 24, 2023

20 Jul 2023, 14:00 PM
GlobeNewswire Inc.

Erayak Power Solution Group Inc Announces the Upcoming Launch of its BDS Portable Power Station Series

28 Jun 2023, 15:30 PM
GlobeNewswire Inc.

U.S. Consulate General Shanghai Visits Erayak Power Solution Group in an Effort to Strengthen Bilateral Trade between China and the U.S.

08 Jun 2023, 16:20 PM
GlobeNewswire Inc.

Erayak Power Solution Group Inc. Reports 44.5% Increase in Revenue, 15.7% Increase in Gross Profit in Fiscal Year 2022

18 May 2023, 14:30 PM
GlobeNewswire Inc.

Erayak Power Solution Group Inc. to Participate in the 133rd China Import and Export Fair 2023 from April 15-19

14 Apr 2023, 18:19 PM
GlobeNewswire Inc.

Erayak Power Solution Group Inc. Reports Approximately 500% Increase in Generator Sales in Fiscal Year 2022

01 Mar 2023, 18:27 PM
GlobeNewswire Inc.

Erayak Power Solution Group Inc. Reports 437% Increase in Generator Sales in the First Half of 2022

28 Dec 2022, 15:00 PM
GlobeNewswire Inc.

Erayak Power Solution Group Inc. Announces Closing of $12 Million Initial Public Offering

17 Dec 2022, 03:16 AM

Income Statement

Line Item 2025 Q4 2024 Q4 2023 Q4 2022 Q4
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Gross profit
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EBITDA 0 0 0 0
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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

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Kind Filing Date Link
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edgar index 424B5 — Erayak Power Solution Group Inc. View Filing
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edgar index 6-K/A — Erayak Power Solution Group Inc. View Filing
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edgar index 6-K — Erayak Power Solution Group Inc. View Filing
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edgar index 6-K/A — Erayak Power Solution Group Inc. View Filing
edgar index 6-K/A — Erayak Power Solution Group Inc. View Filing
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edgar index 6-K — Erayak Power Solution Group Inc. View Filing
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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
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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
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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