Erayak Power Solution Group Inc., along with its affiliated companies, is dedicated to the entire process of power solution products, encompassing innovation, ...
Erayak Power Solution Group Inc. (NASDAQ: RAYA) operates as a power-systems manufacturer and seller focused on converting and managing electrical power for off-grid, backup, mobile, and outdoor use cases. The company’s product portfolio spans sine wave and off-grid inverters, inverter and gasoline generators, battery packs, and smart charging devices, plus ...Erayak Power Solution Group Inc. (NASDAQ: RAYA) operates as a power-systems manufacturer and seller focused on converting and managing electrical power for off-grid, backup, mobile, and outdoor use cases. The company’s product portfolio spans sine wave and off-grid inverters, inverter and gasoline generators, battery packs, and smart charging devices, plus bespoke product design services. These offerings target practical end markets such as agricultural and industrial transportation, recreational vehicles (RV travel), general electrical appliances, and outdoor lifestyle applications, where reliable power conversion and energy management are critical.
From a business model perspective, Erayak’s revenue is supported by both wholesale and retail commercialization of power solution products, with global distribution and customer reach. The company’s described operating footprint includes countries beyond China—such as France, Poland, Mexico, and the United Kingdom—indicating an international go-to-market strategy rather than a purely domestic supplier role. Product development is emphasized through a complete value chain that includes innovation and design, manufacturing, and downstream sales.
In terms of operations and product engineering, the combination of inverters/generators with batteries and smart chargers suggests an integrated approach to system compatibility—customers can typically procure multiple components for an end-to-end power setup (e.g., inverter + battery + charger). The company also highlights custom-designed products, which can help differentiate it in a market where power requirements vary by application and geography.
Financially, available market and valuation metrics indicate the company trades on the NASDAQ Capital Market with a modest market capitalization and a relatively low trailing EV-to-sales multiple, while profitability ratios (e.g., EBIT and net margins) are negative based on the provided TTM snapshot. Such a profile is consistent with companies that are investing in product development, supply chain build-out, and/or scaling manufacturing and distribution while working through cost structure pressures.
Key people include CEO Lingyi Kong (as reported in the provided dataset). With approximately 349 full-time employees (within the 201–500 range), the company appears sized for manufacturing plus engineering and commercial execution.
Overall, Erayak’s strategy centers on reliable and configurable power solutions—connecting inverter and generator technologies with battery and charging systems—while pursuing growth in mainstream off-grid and mobile/offsite power demand.
YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.
QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).
$22.9M
-24.6%
+61.3%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.
$-1.4M
-24.5%
-69.0%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.
+21.3%
+61.8%
-5.1%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).
-6.4%
-23.0%
+0.8%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.
-6.1%
-65.1%
-4.8%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.
$-11.0M
+33.0%
-106.1%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.
-48.1%
+11.2%
-27.8%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.
35.4%
+83.4%
-16.3%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.
2.09x
-2.0%
-2.6%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.