Erayak Power Solution Group Inc

NAS:RAYAIndustrialsNASDAQ:INDSnasdaq_composite

$1.33+1.53%At closeAt close · Wed 21 Oct · ≈ AED 4.88 · Market cap $1.43M · Next earnings Wed 3 Mar · Extended $1.40 +5.26%

Ratio	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	Current · undated	YoY
Gross margin	26.9%	30.4%	24.6%	24.3%	13.2%	21.3%	—	—
Operating margin	16.3%	18.7%	15.1%	3.7%	−5.2%	−6.4%	−6.4%	+0.0 pts
Net margin	15.7%	18.2%	12.9%	6.0%	−3.7%	−6.1%	−6.1%	+0.0 pts
EBITDA margin	21.3%	19.9%	16.1%	13.8%	0.3%	1.1%	—	—
Return on equity	65.6%	49.2%	18.0%	6.0%	−4.2%	−3.9%	−3.9%	+0.0 pts
Return on assets	10.0%	14.5%	9.2%	3.5%	−2.4%	−2.3%	−2.3%	+0.0 pts
Return on capital employed	47.0%	30.0%	20.8%	3.4%	−5.1%	−3.8%	—	—
Debt / equity	3.7×	1.5×	0.6×	0.1×	0.2×	0.4×	0.4×	+0.0%
Debt / assets	57.0%	44.6%	28.7%	6.1%	11.1%	21.0%	—	—
Interest coverage	8.8×	8.2×	8.0×	1.5×	−10.4×	−4.3×	—	—
Current ratio	0.7×	1.1×	1.6×	1.7×	2.1×	2.1×	2.1×	+0.0%
Quick ratio	0.6×	0.8×	1.2×	1.1×	1.6×	1.6×	—	—
Cash ratio	0.0×	0.4×	0.4×	0.4×	0.0×	0.0×	0.0×	+0.0%
Asset turnover	0.6×	0.8×	0.7×	0.6×	0.7×	0.4×	—	—
Inventory turnover	6.1×	3.3×	3.3×	2.2×	3.0×	1.8×	—	—
Receivables turnover	2.7×	10.3×	2.6×	3.2×	2.2×	1.4×	—	—
Dividend payout	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	—	—