Erayak Power Solution (RAYA) Notes Payables (2021 - 2025)
Erayak Power Solution (RAYA) posted quarterly Notes Payables of $8.3 million for Q4 2025, up 685.53% year-over-year from $1.1 million in Q4 2024, and up 84.23% quarter-over-quarter from $4.5 million in Q2 2025.
Erayak Power Solution (RAYA) Notes Payables (2021 - 2025) Analysis & Trends
Erayak Power Solution's Notes Payables history runs 5 years deep, the most recent figure standing at $8.3 million for Q4 2025.
- In Q4 2025, Notes Payables rose 685.53% year-over-year to $8.3 million; the TTM figure through Dec 2025 stood at $8.3 million (up 685.53% YoY), while the FY2025 annual figure was $8.3 million, up 685.53% from the prior year.
- Notes Payables for Q4 2025 stood at $8.3 million, up from $4.5 million in the prior quarter.
- The five-year high for Notes Payables was $8.3 million in Q4 2025, with the low at $70424.0 in Q4 2023.
- The 5-year median for Notes Payables is $4.7 million (2023), against an average of $4.0 million.
- The sharpest annual moves came in 2023 and 2024: Notes Payables tumbled 98.87% in 2023, then jumped 1399.24% in 2024.
- Erayak Power Solution's Notes Payables stood at $5.8 million in 2021, then advanced by 8.18% to $6.2 million in 2022, then sank by 98.87% to $70424.0 in 2023, then surged by 1399.24% to $1.1 million in 2024, then surged by 685.53% to $8.3 million in 2025.
- Business Quant data shows RAYA's Notes Payables at $8.3 million in Q4 2025, $4.5 million in Q2 2025, and $1.1 million in Q4 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Vertiv Holdings | 101.35 Bn | 98.24 Bn | 1.23 Bn |
| 2 | Bloom Energy | 58.17 Bn | 55.50 Bn | 355.57 Mn |
| 3 | nVent Electric | 24.99 Bn | 24.74 Bn | 558.00 Mn |
| 4 | Hubbell | 24.90 Bn | 24.51 Bn | 613.00 Mn |
| 5 | Advanced Energy Industries | 11.37 Bn | 9.96 Bn | 236.10 Mn |
| 6 | Acuity Inc. (De) | 10.36 Bn | 9.95 Bn | 606.40 Mn |
| 7 | Powell Industries | 7.22 Bn | 6.58 Bn | 95.30 Mn |
| 8 | EnerSys | 6.93 Bn | 6.40 Bn | 313.36 Mn |
| 9 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn |
| 10 | Erayak Power Solution | 114,655.50 | -6.53 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 8.29 Mn |
| Jun 30, 2025 | 4.50 Mn |
| Dec 31, 2024 | 1.06 Mn |
| Jun 30, 2024 | 1.07 Mn |
| Dec 31, 2023 | 70,424.00 |
| Jun 30, 2023 | 4.96 Mn |
| Dec 31, 2022 | 6.23 Mn |
| Dec 31, 2021 | 5.76 Mn |