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Erayak Power Solution Group NasdaqCM:RAYA Stock Report

Last Price

US$1.32

Market Cap

US$37.0m

7D

2.3%

1Y

64.0%

Updated

31 Jan, 2025

Data

Company Financials

Erayak Power Solution Group Inc.

NasdaqCM:RAYA Stock Report

Market Cap: US$37.0m

RAYA Stock Overview

Through its subsidiaries, engages in the research and development, manufacture, and wholesale and retail of power solution products in China, Australia, Poland, the United Kingdom, Germany, and internationally. More details

RAYA fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Erayak Power Solution Group Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Erayak Power Solution Group
Historical stock prices
Current Share PriceUS$1.32
52 Week HighUS$1.78
52 Week LowUS$0.50
Beta0.31
1 Month Change-2.94%
3 Month Change-11.41%
1 Year Change64.04%
3 Year Changen/a
5 Year Changen/a
Change since IPO-60.83%

Recent News & Updates

Erayak Power Solution Group Inc. (NASDAQ:RAYA) Stock Rockets 80% But Many Are Still Ignoring The Company

Nov 06
Erayak Power Solution Group Inc. (NASDAQ:RAYA) Stock Rockets 80% But Many Are Still Ignoring The Company

Recent updates

Erayak Power Solution Group Inc. (NASDAQ:RAYA) Stock Rockets 80% But Many Are Still Ignoring The Company

Nov 06
Erayak Power Solution Group Inc. (NASDAQ:RAYA) Stock Rockets 80% But Many Are Still Ignoring The Company

There May Be Reason For Hope In Erayak Power Solution Group's (NASDAQ:RAYA) Disappointing Earnings

Apr 25
There May Be Reason For Hope In Erayak Power Solution Group's (NASDAQ:RAYA) Disappointing Earnings

Erayak Power Solution Group (NASDAQ:RAYA) Will Want To Turn Around Its Return Trends

Mar 09
Erayak Power Solution Group (NASDAQ:RAYA) Will Want To Turn Around Its Return Trends

Lacklustre Performance Is Driving Erayak Power Solution Group Inc.'s (NASDAQ:RAYA) 25% Price Drop

Jul 20
Lacklustre Performance Is Driving Erayak Power Solution Group Inc.'s (NASDAQ:RAYA) 25% Price Drop

Shareholder Returns

RAYAUS ElectricalUS Market
7D2.3%-8.6%-0.9%
1Y64.0%20.8%22.6%

Return vs Industry: RAYA exceeded the US Electrical industry which returned 22.9% over the past year.

Return vs Market: RAYA exceeded the US Market which returned 24.3% over the past year.

Price Volatility

Is RAYA's price volatile compared to industry and market?
RAYA volatility
RAYA Average Weekly Movement12.1%
Electrical Industry Average Movement12.3%
Market Average Movement6.4%
10% most volatile stocks in US Market18.7%
10% least volatile stocks in US Market3.2%

Stable Share Price: RAYA's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: RAYA's weekly volatility has decreased from 18% to 12% over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
2019290Cory Kongerayakpower.com

Erayak Power Solution Group Inc., through its subsidiaries, engages in the research and development, manufacture, and wholesale and retail of power solution products in China, Australia, Poland, the United Kingdom, Germany, and internationally. The company offers sine wave and off-grid inverters, inverter and gasoline generators, battery and smart chargers, and custom-designed products. Its products are used in agricultural and industrial vehicles, recreational vehicles, electrical appliances, and outdoor living products.

Erayak Power Solution Group Inc. Fundamentals Summary

How do Erayak Power Solution Group's earnings and revenue compare to its market cap?
RAYA fundamental statistics
Market capUS$36.96m
Earnings (TTM)-US$315.00k
Revenue (TTM)US$22.82m

1.6x

P/S Ratio

-117.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RAYA income statement (TTM)
RevenueUS$22.82m
Cost of RevenueUS$19.47m
Gross ProfitUS$3.34m
Other ExpensesUS$3.66m
Earnings-US$315.00k

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.011
Gross Margin14.65%
Net Profit Margin-1.38%
Debt/Equity Ratio19.3%

How did RAYA perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/31 06:03
End of Day Share Price 2025/01/31 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Erayak Power Solution Group Inc. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Hunter DiamondDiamond Equity Research LLC