Erayak Power Solution Group Inc. (RAYA)
| Market Cap | 13.20M |
| Revenue (ttm) | 24.88M |
| Net Income (ttm) | 1.76M |
| Shares Out | 12.00M |
| EPS (ttm) | 0.18 |
| PE Ratio | 6.11 |
| Forward PE | 3.82 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 43,387 |
| Open | 1.08 |
| Previous Close | 1.07 |
| Day's Range | 0.98 - 1.10 |
| 52-Week Range | 0.44 - 3.40 |
| Beta | n/a |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Jan 9, 2024 |
About RAYA
Erayak Power Solution Group Inc., through its subsidiaries, engages in the research and development, manufacture, and wholesale and retail of power solution products. Its product portfolio includes sine wave and off-grid inverters, inverter and gasoline generators, battery and smart chargers, and custom-designed products. The company's products are used in agricultural and industrial vehicles, recreational vehicles, electrical appliances, and outdoor living products. It operates in China, France, Poland, Mexico, and the United Kingdom. The comp... [Read more]
Financial Performance
In 2022, RAYA's revenue was $26.91 million, an increase of 44.45% compared to the previous year's $18.63 million. Earnings were $3.48 million, an increase of 2.40%.
Financial StatementsNews
Erayak Power Solution Group Inc. Announces Receipt of Nasdaq Minimum Bid Price Notification
WENZHOU, China , Nov. 20, 2023 /PRNewswire/ -- Erayak Power Solution Group Inc. ("Erayak" or the "Company") (Nasdaq: RAYA), a leading manufacturer, designer, and exporter of high-quality products in t...
Erayak Power Solution Group Inc. to Participate in Two Upcoming Conferences in October 2023
Wenzhou, China, Oct. 17, 2023 (GLOBE NEWSWIRE) -- Erayak Power Solution Group Inc. ("Erayak" or the "Company") (Nasdaq: RAYA), a leading manufacturer, designer, and exporter of high-quality products i...
Erayak Power Solution Group Inc. In Discussions with Potential Strategic Partners to Expand Market Opportunities and Product Offerings
Wenzhou, China, Sept. 28, 2023 (GLOBE NEWSWIRE) -- Erayak Power Solution Group Inc. ("Erayak" or the "Company") (Nasdaq: RAYA), a leading manufacturer, designer, and exporter of high-quality products ...
Erayak Power Solution Group Inc. Initiates Plans to Expand into the Middle East and South Asia
Wenzhou, China, Sept. 11, 2023 (GLOBE NEWSWIRE) -- Erayak Power Solution Group Inc. ("Erayak" or the "Company") (Nasdaq: RAYA), a leading manufacturer, designer, and exporter of high-quality products ...
Erayak Power Solution Group Inc. Participated in the 2023 Wenzhou Bay New Area Jinhai Lake Starlight Market Festival, from July 21 to July 23
Wenzhou, China, Aug. 07, 2023 (GLOBE NEWSWIRE) -- Erayak Power Solution Group Inc. ("Erayak" or the "Company") (Nasdaq: RAYA), a leading manufacturer, designer, and exporter of high-quality products i...
Erayak Power Solution Group Inc. to Deliver a Live Presentation at the Skyline Signature Series™ on Monday, July 24, 2023
The Company invites individual and institutional investors, as well as advisors and analysts, to attend this real-time, interactive presentation at the Skyline Signature Series™ The Company invites in...
Erayak Power Solution Group Inc Announces the Upcoming Launch of its BDS Portable Power Station Series
Wenzhou, China, June 28, 2023 (GLOBE NEWSWIRE) -- Erayak Power Solution Group Inc. ("Erayak" or the "Company") (Nasdaq: RAYA), a leading manufacturer, designer, and exporter of high-quality products i...
U.S. Consulate General Shanghai Visits Erayak Power Solution Group in an Effort to Strengthen Bilateral Trade between China and the U.S.
Wenzhou, China, June 08, 2023 (GLOBE NEWSWIRE) -- Erayak Power Solution Group Inc. (“Erayak” or the “Company”) (Nasdaq: RAYA), a leading manufacturer, designer, and exporter of high-quality products i...
Erayak Power Solution Group Inc. Reports 44.5% Increase in Revenue, 15.7% Increase in Gross Profit in Fiscal Year 2022
Wenzhou, China, May 18, 2023 (GLOBE NEWSWIRE) -- Erayak Power Solution Group Inc. (“Erayak” or the “Company”) (Nasdaq: RAYA), a leading manufacturer, designer, and exporter of high-quality products in...
Erayak Power Solution Group Inc. to Participate in the 133rd China Import and Export Fair 2023 from April 15-19
WENZHOU, China, April 14, 2023 (GLOBE NEWSWIRE) -- Erayak Power Solution Group Inc. (“Erayak” or the “Company”) (Nasdaq: RAYA), a leading manufacturer, designer, and exporter of high-quality products ...
Erayak Power Solution Group Inc. Reports Approximately 500% Increase in Generator Sales in Fiscal Year 2022
Wenzhou, China, March 01, 2023 (GLOBE NEWSWIRE) -- Erayak Power Solution Group Inc. (“Erayak” or the “Company”) (Nasdaq: RAYA), a leading manufacturer, designer, and exporter of high-quality products ...
Erayak Power Solution Group Inc. Reports 437% Increase in Generator Sales in the First Half of 2022
WENZHOU, China , Dec. 28, 2022 /PRNewswire/ -- Erayak Power Solution Group Inc. ("Erayak" or the "Company") (Nasdaq: RAYA), a leading manufacturer, designer, and exporter of high-quality products in t...
Erayak Power Solution Group Inc. Announces Closing of $12 Million Initial Public Offering
Wenzhou, China, Dec. 16, 2022 (GLOBE NEWSWIRE) -- Erayak Power Solution Group Inc. (“Erayak” or the “Company”) (Nasdaq: RAYA), a leading manufacturer, designer, and exporter of high-quality products i...
Erayak Power Solution Group Inc. Announces Pricing of $12 Million Initial Public Offering
Wenzhou, China, Dec. 14, 2022 (GLOBE NEWSWIRE) -- Erayak Power Solution Group Inc. (“Erayak” or the “Company”) (Nasdaq: RAYA), a leading manufacturer, designer, and exporter of high-quality products i...