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Erayak Power Solution Group Inc. (RAYA) stock

RAYANasdaqMotors & Generators
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 29, 2026Score 4/30
$0.48+0.00 (+0.52%)

Close on Nov 13, 2026Market cap $431.84KP/E –Yield –

Erayak Power Solution r&d expenses

Research and development expenses are spending on new products and technology.

For fiscal 2025 it was $1.61M, down 3.7% from the year before. The highest annual figure on record is $1.67M in fiscal 2024.

Annual r&d expenses

PeriodPeriod endValueChange
FY2025Dec 31, 2025$1.61M-3.7%
FY2024Dec 31, 2024$1.67M+41.9%
FY2023Dec 31, 2023$1.18M+26.2%
FY2022Dec 31, 2022$932.27K-5.5%
FY2021Dec 31, 2021$986.89K+63.1%
FY2020Dec 31, 2020$605.12K–

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