RAYANasdaqMotors & Generators

Erayak Power Solution Group Inc.

Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 29, 2026

$1.31−0.08 (-5.76%)

Close on Oct 19, 2026

Market cap: –
P/E (TTM): –
Dividend yield: –

Erayak Power Solution Group Inc. income statement

AnnualQuarterlyTTM

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31
Revenue	23	30	20	27	19	14
Cost of Revenue	18	26	15	20	13	10
Gross Profit	4.87	3.99	5.02	6.62	5.72	3.80
Research & Development	1.61	1.67	1.18	0.93	0.99	0.61
Selling, General & Admin	4.77	3.25	2.99	1.65	1.20	0.87
Selling & Marketing	0.77	0.95	0.96	0.72	0.51	0.33
General & Administrative	4.00	2.30	2.02	0.93	0.69	0.54
Advertising Expenses	0.12	0.21	0.08	0.01	0.01	0.01
Operating Expenses	6.51	5.55	4.28	2.55	2.23	1.49
Operating Income	-1.64	-1.56	0.74	4.07	3.49	2.31
Interest Expense	-0.05	0.14	0.40	0.47	0.42	0.25
Interest & Investment Income	0.39	0.01	0.09	0.03	0.03	0.02
Income from Equity Investments	-0.23	–	–	–	–	–
Other Non-Operating Income	0.28	0.38	0.67	-0.15	0.21	0.29
Merger & Restructuring Charges	0.38	0.11	0	–	–	–
Asset Impairment Charges	0.38	0.11	0	–	–	–
Gain (Loss) on Investments	-0.23	0	0	–	–	–
Gain (Loss) on Sale of Assets	0.00	0	0	–	–	–
Pretax Income	-1.36	-1.18	1.41	3.91	3.70	2.60
Income Tax Expense	0.03	-0.07	0.19	0.44	0.30	0.39
Net Income	-1.39	-1.12	1.22	3.48	3.39	2.21
EPS (Basic)(per share)	-27.28	-98.34	223.43	836.00	5,280.00	486,948.00
Shares Outstanding (Basic, Weighted)(shares)	0.05	0.01	0.01	0.00	0.00	0.00
Shares Outstanding (Diluted, Weighted)(shares)	0.05	0.01	0.01	0.00	0.00	0.00
EBITDA	-1.07	-1.13	1.13	4.34	3.70	2.46
Net Interest Income	–	–	0.40	0.47	0.42	0.25

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Dec 31, 2025

Profitability, FY2025

Gross margin: 21.3%
Operating margin: -7.2%
Net margin: -6.1%
Return on equity, FY2025: -4.5%

Financial strength

Current ratio: 2.09
Debt to equity: 0.35
Debt to assets: 21.0%
Cash to current liabilities: 2.1%

Valuation

P/E ratio: –
Price to sales: –
Price to book: –
Dividend yield: –