Erayak Power Solution Group Inc. (RAYA) Stock
Erayak Power Solution stock price chart
RAYA stock quote & key statistics
Erayak Power Solution annual financials
Income statement →| Fiscal year | Revenue | Net income | EPS |
|---|---|---|---|
| FY2025 | $22.9M | -$1.4M | — |
| FY2024 | $30.3M | -$1.1M | — |
| FY2023 | $20.3M | $1.2M | — |
| FY2022 | $26.9M | $3.5M | — |
| FY2021 | $18.6M | $3.4M | $0.06 |
Fiscal year ending December 31. Source: company filings via EODHD.
About Erayak Power Solution Group Inc.
Erayak Power Solution Group Inc., along with its subsidiaries, specializes in the research, development, manufacturing, wholesale, and retail distribution of a diverse range of power solution products. The company's extensive product portfolio encompasses sine wave inverters, off-grid inverters, gasoline generators, battery chargers, smart chargers, and custom-designed power solutions. These products cater to various applications across agricultural and industrial vehicles, recreational vehicles, household electrical appliances, and outdoor living products.
Operating across multiple international markets including the People's Republic of China, France, Poland, Mexico, and the United Kingdom, Erayak Power Solution Group Inc. serves a broad customer base with its innovative and reliable power solutions. The company is committed to meeting the diverse needs of its global clientele through a combination of technological advancement, product quality, and customer-centric service.
Founded in 2009 and headquartered in Wenzhou, China, Erayak Power Solution Group Inc. operates under the umbrella of Erayak International Limited. The company continues to expand its presence and enhance its product offerings in the competitive power solutions industry, driven by a strong emphasis on research and development and strategic market expansion initiatives.
With a dedicated focus on innovation and quality, Erayak Power Solution Group Inc. remains poised to leverage its expertise and capabilities to address evolving market demands and technological advancements in the global power electronics sector.
Erayak Power Solution stock FAQ
What is the Erayak Power Solution stock ticker symbol?
Erayak Power Solution Group Inc. trades on the NASDAQ under the ticker symbol RAYA.
What sector and industry is Erayak Power Solution in?
Erayak Power Solution Group Inc. is classified in the Industrials sector, Electrical Equipment & Parts industry.
How many employees does Erayak Power Solution have?
Erayak Power Solution Group Inc. has about 349 full-time employees.
What were Erayak Power Solution's revenue and earnings last fiscal year?
Erayak Power Solution reported revenue of $22.9M and net income of -$1.4M in fiscal 2025. Revenue declined 24.6% from the prior year.
When did Erayak Power Solution go public?
Erayak Power Solution stock began trading on December 14, 2022.
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