# Erayak Power Solution Group Inc. (RAYA)

> Industrials · CN · Reports in USD

Fundamental indicators from Sponda, adjusted for inflation.

[HTML version](https://sponda.capital/en/RAYA/fundamentals)

## Annual figures

| Year | Revenue (M) | Net Inc. (M) | FCF (M) | Debt (M) | Equity (M) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $ 23.39M | $ -1.42M | $ -8.61M | $ 12.48M | $ 35.27M |
| 2024 | $ 31.84M | $ -1.17M | $ -15.69M | $ 5.13M | $ 26.59M |
| 2023 | $ 21.93M | $ 1.32M | $ 6.54M | $ 2.17M | $ 20.20M |
| 2022 | $ 30.06M | $ 3.88M | $ -5.41M | $ 10.79M | $ 19.34M |
| 2021 | $ 22.14M | $ 4.04M | $ 5.23M | $ 10.46M | $ 6.89M |
| 2020 | $ 17.99M | $ 2.82M | $ -10.32M | $ 12.62M | $ 3.38M |
| 2019 | $ 11.55M | $ 1.23M | $ 210.6K | $ 2.15M | $ 242.4K |

Columns not available in this view: annualPriceMultiples, dividends. They require live market data and are shown on the HTML page instead.

## Leverage and liquidity

| Indicator | Value |
| --- | --- |
| Gross Debt / Eq | 0.35 |
| Liabilities / Eq | 0.69 |
| Current Ratio | 2.09 |

## Debt coverage

| Indicator | Value |
| --- | --- |
| Gross Debt / Earnings | 8.18 |

## Other views

- [Metrics](https://sponda.capital/en/RAYA.md)
- [Charts](https://sponda.capital/en/RAYA/charts.md)
- [Compare](https://sponda.capital/en/RAYA/compare.md)
- [Indicator definitions](https://sponda.capital/en/screener.md)

Data as of 2026-08-13.