Complete Filing Data
Erayak Power Solution Group Inc. reported Stockholders Equity of $26.59 million for FY2024.
All values from 10-K, 20-F, and 10-Q filings on SEC EDGAR, organized by financial statement. Scroll each table horizontally for the full history. Blank cells mean Erayak Power Solution Group Inc. did not report that metric for that period in XBRL — often because accounting standards changed which tag a company files under (for example, most companies moved revenue to the ASC-606 tag in 2018), so a metric may continue in a different row. Rows marked * merge those successor tags into one continuous series, preferring the audited value from the newest-standard tag where periods overlap.
Income Statement
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Cost of Revenue * | $26.3M | $15.3M | $20.3M | $12.9M | $10.3M |
| Selling And Marketing Expense | $946.3K | $962.5K | $720.1K | $506.3K | $325.3K |
| Revenues | $30.3M | $20.3M | $26.9M | $18.6M | $14.1M |
| Research And Development Expense | $1.7M | $1.2M | $932.3K | $986.9K | $605.1K |
| Rental Income Nonoperating | $154.5K | $195.3K | $98.7K | $116.2K | $322.4K |
| Other Nonoperating Income Expense | $367.7K | $872.5K | $219.5K | $512.4K | $214.0K |
| Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax | $500.4K | $360.7K | $611.1K | -$122.4K | -$193.5K |
| Operating Income Loss | -$1.6M | $746.8K | $4.1M | $3.5M | $2.3M |
| Operating Expenses | $5.6M | $4.3M | $2.6M | $2.2M | $1.5M |
| Nonoperating Income Expense | $382.7K | $665.2K | -$154.8K | $211.0K | $290.4K |
| Net Income Loss | -$1.1M | $1.2M | $3.5M | $3.4M | $2.2M |
| Income Tax Expense Benefit | -$66.3K | $193.2K | $437.8K | $301.9K | $385.7K |
| Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest | -$1.2M | $1.4M | $3.9M | $3.7M | $2.6M |
| Gross Profit | $4.0M | $5.0M | $6.6M | $5.7M | $3.8M |
| General And Administrative Expense | $2.3M | $2.0M | $929.5K | $690.6K | $544.6K |
| Comprehensive Income Net Of Tax | -$1.6M | $858.0K | $2.9M | $3.5M | $2.4M |
| Deferred Income Tax Assets Net | $101.0K | $32.5K | $33.5K | $36.2K | |
| Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax | -$500.4K | -$360.7K | -$611.1K | $122.4K | |
| Income Taxes Paid | $178.7K | $123.6K | $99.7K | $26.7K | |
| Gain Loss On Sales Of Assets And Asset Impairment Charges | -$295.9K | -$81.6K | $31.7K | -$47.4K | |
| Interest Expense | $402.7K | $473.1K | $417.6K | $246.0K |
Balance Sheet
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|
| Stockholders Equity | $26.6M | $20.2M | $19.3M | $6.9M | $3.4M | $969.5K |
| Long Term Debt Current | $1.2M | $225.4K | $30.0M | |||
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations | $1.3M | $5.9M | $7.1M | $5.2M | $4.1M | $1.0M |
| Repayments Of Short Term Debt | $309.0K | $10.2M | $7.5M | $4.2M | $799.4K | |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect | -$4.6M | -$1.2M | $1.9M | $1.0M | $2.8M | |
| Restricted Cash And Cash Equivalents At Carrying Value | $532.6K | $5.9M | $7.0M | $5.2M | $460.5K | |
| Restricted Cash And Cash Equivalents | $1.3M | $5.9M | $7.1M | $5.2M | $4.1M | |
| Restricted Cash | $792.2K | $1.1K | $34.7K | $3.6M | ||
| Operating Lease Right Of Use Asset Amortization Expense | $689.9K | $514.7K | $523.8K | $546.4K | $188.9K | |
| Taxes Payable Current | $1.0M | $1.1M | $844.9K | $633.9K | ||
| Property Plant And Equipment Net | $2.2M | $1.9M | $1.7M | $1.1M | ||
| Operating Lease Right Of Use Asset | $6.5M | $7.3M | $7.7M | $8.8M | ||
| Liabilities Current | $15.5M | $13.2M | $18.0M | $11.9M | ||
| Liabilities And Stockholders Equity | $46.0M | $35.3M | $37.6M | $23.5M | ||
| Liabilities | $19.4M | $15.1M | $18.3M | $16.6M | ||
| Inventory Net | $8.8M | $7.1M | $6.2M | $3.9M | ||
| Intangible Assets Net Excluding Goodwill | $62.0K | $31.9K | $8.8K | $11.1K | ||
| Cash Equivalents At Carrying Value | $532.6K | $5.9M | $7.0M | $5.2M | ||
| Assets Current | $33.1M | $22.1M | $28.2M | $13.5M | ||
| Assets | $46.0M | $35.3M | $37.6M | $23.5M | ||
| Accumulated Other Comprehensive Income Loss Net Of Tax | -$1.2M | -$744.6K | -$383.9K | $227.2K | ||
| Accounts Payable Current | $8.3M | $5.7M | $4.7M | $4.2M | ||
| Restricted Cash Current | $792.2K | $1.1K | $34.7K | |||
| Other Assets Noncurrent | $3.8M | $3.9M | ||||
| Inventory Write Down | $295.9K | $81.6K | -$31.7K | $47.4K | ||
| Interest And Debt Expense | $17.8K | $27.1K | $70.2K | $57.0K | ||
| Retained Earnings Unappropriated | $8.1M | $9.2M | $8.2M | $5.0M | ||
| Repayments Of Related Party Debt | $10.4M | $15.1M | $23.9M | $16.2M | ||
| Other Receivables Net Current | $139.5K | $162.6K | $95.0K | $55.2K | ||
| Long Term Debt | $3.9M | $1.9M | $217.5K | $4.7M | ||
| Accounts Receivable Net Current | $12.0M | $6.3M | $10.0M | |||
| Repayments Of Other Long Term Debt | $1.8M | $9.1M | $1.0M |
Cash Flow Statement
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Proceeds From Short Term Debt | $1.3M | $4.2M | $8.4M | $4.3M | $3.7M |
| Proceeds From Related Party Debt | $11.7M | $17.0M | $24.0M | $15.3M | $6.9M |
| Net Cash Provided By Used In Operating Activities | -$15.9M | $6.7M | -$4.2M | $4.6M | -$7.9M |
| Net Cash Provided By Used In Investing Activities | -$971.8K | -$1.4M | -$4.9M | -$244.2K | -$186.0K |
| Net Cash Provided By Used In Financing Activities | $12.4M | -$6.4M | $11.3M | -$3.4M | $10.9M |
| Increase Decrease In Other Receivables | $19.6K | $79.9K | $41.2K | -$127.3K | $96.2K |
| Increase Decrease In Materials And Supplies | $6.9M | $1.3M | -$1.2M | $1.1M | $730.0K |
| Increase Decrease In Inventories | $2.3M | $1.1M | $2.7M | $2.2M | $329.4K |
| Increase Decrease In Accrued Liabilities And Other Operating Liabilities | -$2.5M | $2.4M | $164.3K | $356.1K | -$90.9K |
| Increase Decrease In Accrued Income Taxes Payable | -$16.3K | $246.4K | $265.7K | -$195.0K | $569.3K |
| Increase Decrease In Accounts Receivable | $6.3M | -$3.4M | $8.5M | -$3.4M | $4.1M |
| Increase Decrease In Accounts Payable | $2.6M | $1.1M | $661.1K | $803.6K | $274.7K |
| Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | -$86.3K | -$103.0K | -$380.0K | $109.4K | $231.5K |
| Proceeds From Issuance Of Other Long Term Debt | $3.8M | $6.7M | $1.2M | $4.7M | |
| Payments To Acquire Property Plant And Equipment | $517.8K | $684.2K | $694.8K | $244.0K | $176.6K |
| Payments To Acquire Intangible Assets | $37.1K | $25.7K | $155.00 | $9.4K | |
| Increase Decrease In Prepaid Expense | $25.0K | -$469.1K | $489.3K | ||
| Increase Decrease In Contract With Customer Asset | -$284.4K | $334.2K | -$215.5K | $276.5K | |
| Depreciation Depletion And Amortization | $431.9K | $388.0K | $269.8K | $215.1K |
Per-Share & Share Counts
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Weighted Average Number Of Shares Outstanding Basic | 25.0M | 12.0M | 9.1M | 1.4M | 10.0K |
| Weighted Average Number Of Diluted Shares Outstanding | 25.0M | 12.0M | 9.1M | 1.4M | 10.0K |
| Earnings Per Share Basic | $-0.04 | $0.10 | $0.38 | $2.40 | $221.34 |
| Earnings Per Share Attributable To Common Shareholders | $50,588,235.00 | $12,000,000.00 | $12,000,000.00 | $9,000,000.00 | $10,000.00 |
Other Metrics
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Short Term Borrowings | $7.7M | $70.4K | $6.2M | $5.8M | |
| Dividends And Interest Paid | $148.3K | $410.9K | $831.8K | $365.8K | $94.6K |
| Statutory Accounting Practices Statutory Capital And Surplus Balance | $1.1M | $1.1M | $916.9K | $568.4K | |
| Customer Advances Current | $628.1K | $357.4K | $711.0K | $542.0K |
Most recent annual filing with the SEC: April 23, 2025
Data sourced from SEC EDGAR public filings as of August 7, 2026.