Erayak Power Solution (RAYA) Notes Payables (2021 - 2025)

Erayak Power Solution (RAYA) recorded quarterly Notes Payables of $8.3 million in Q4 2025, up 685.53% quarter-over-quarter from $1.1 million in Q4 2024, and up 685.53% on a YoY basis from $1.1 million in Q4 2024.

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 was $8.3 million for Q4 2025 at Erayak Power Solution, up from $1.1 million in the prior quarter.
  • In the past five years, Notes Payables ranged from a high of $8.3 million in Q4 2025 to a low of $70424.0 in Q4 2023.
  • Historically, Notes Payables has averaged $4.3 million across 5 years, with a median of $5.8 million in 2021.
  • The sharpest annual moves came in 2023 and 2024: Notes Payables plunged 98.87% in 2023, then surged 1399.24% in 2024.
  • A 5-year view of Notes Payables shows it stood at $5.8 million in 2021, then climbed by 8.18% to $6.2 million in 2022, then slumped by 98.87% to $70424.0 in 2023, then soared by 1399.24% to $1.1 million in 2024, then soared by 685.53% to $8.3 million in 2025.
  • The last three Notes Payables figures came in at $8.3 million (Q4 2025), $1.1 million (Q4 2024), and $70424.0 (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Novonix 479.97 Bn 479.92 Bn -
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn
10 Erayak Power Solution - - -

Historic Data

Download Data
DateValue
Dec 31, 2025 8.29 Mn
Dec 31, 2024 1.06 Mn
Dec 31, 2023 70,424.00
Dec 31, 2022 6.23 Mn
Dec 31, 2021 5.76 Mn