Erayak Power Solution RAYA
NASDAQ RAYA
$2.30 -0.05 (-2.13%)
At close: Aug 20, 2026 · 4:00 PM EDT

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
DateValue
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