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Erayak Power Solution Group NasdaqCM:RAYA Stock Report

Last Price

US$0.86

Market Cap

US$9.9m

7D

0.3%

1Y

-55.0%

Updated

15 Jul, 2024

Data

Company Financials

Erayak Power Solution Group Inc.

NasdaqCM:RAYA Stock Report

Market Cap: US$9.9m

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.

RAYA fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance1/6
Financial Health4/6
Dividends0/6

Erayak Power Solution Group Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Erayak Power Solution Group
Historical stock prices
Current Share PriceUS$0.86
52 Week HighUS$2.00
52 Week LowUS$0.44
Beta0
11 Month Change-1.60%
3 Month Change43.33%
1 Year Change-54.97%
33 Year Changen/a
5 Year Changen/a
Change since IPO-74.48%

Recent News & Updates

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

Recent updates

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
7D0.3%3.6%1.3%
1Y-55.0%14.0%22.0%

Return vs Industry: RAYA underperformed the US Electrical industry which returned 14.9% over the past year.

Return vs Market: RAYA underperformed the US Market which returned 22% over the past year.

Price Volatility

Is RAYA's price volatile compared to industry and market?
RAYA volatility
RAYA Average Weekly Movement13.2%
Electrical Industry Average Movement9.6%
Market Average Movement5.8%
10% most volatile stocks in US Market14.8%
10% least volatile stocks in US Market2.8%

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

Volatility Over Time: RAYA's weekly volatility has decreased from 18% to 13% 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$9.90m
Earnings (TTM)US$1.22m
Revenue (TTM)US$20.32m

8.5x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RAYA income statement (TTM)
RevenueUS$20.32m
Cost of RevenueUS$15.38m
Gross ProfitUS$4.94m
Other ExpensesUS$3.72m
EarningsUS$1.22m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.10
Gross Margin24.31%
Net Profit Margin6.00%
Debt/Equity Ratio22.0%

How did RAYA perform over the long term?

See historical performance and comparison
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