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Erayak Power Solution Group Inc. (China)

Main Activities: Motor and Generator Manufacturing
Full name: Erayak Power Solution Group Inc. Profile Updated: July 08, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

The Company specializes in the manufacturing, research and development, and wholesale and retail of power solution products.
The Company conducts business primarily through The Company s wholly owned subsidiary, Zhejiang Leiya Electronics Co. Ltd., in the People's Republic of China. The Company s product portfolio includes sine wave and off-grid inverters, inverter and gasoline generators, battery and smart chargers, and custom-designed products. The Company s products are used mainly in agricultural and industrial vehicles, RVs, electrical appliances, and outdoor living products. The Company s primary office is located in Zhejiang province, where the Company serves a large customer base throughout PRC and expand it s reach to international clients. The Company seeks to leverage The Company s flexibility and passion for quality to provide a personalized mobile living solution for each customer.
HISTORY
2019 On June 14, 2019, The Company was incorporated under the laws of Cayman Islands under name Erayak Power Solution Group Inc. .
2022 The Company s ordinary shares are listed on the Nasdaq Capital Market under the symbol “RAYA.” since December 14, 2022.

Headquarters
No. 528, 4Th Avenue, Binhai Industrial Park
Wenzhou; Zhejiang; Postal Code: 325025

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Website: http://www.erayakgenerator.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2019
Key Executives
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Chairman
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Chief Financial Officer
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Director/Member of the Board
Ownership Details
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17.47%
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12.22%
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Subsidiaries
Erayak Power Solution Hong Kong Limited (Hong Kong SAR, China)
Erayak Power Solution Limited (United Kingdom)
Wenzhou New Focus Technology Electronic Co., Ltd.
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency USD. Absolute financial data is included in the purchased report.
Net sales revenue
-24.48%
Total operating revenue
-24.57%
Operating profit (EBIT)
-58.54%
EBITDA
-73.84%
Net Profit (Loss) for the Period
-64.93%
Total assets
-6.17%
Total equity
4.44%
Operating Profit Margin (ROS)
-7.32%
Net Profit Margin
-6.92%
Return on Equity (ROE)
-11.94%
Debt to Equity Ratio
-45.07%
Quick Ratio
-0.08%
Cash Ratio
0.06%

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