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

Erayak Power Solution's (RAYA) quarterly Notes Payables came in at $8.3 million in Q4 2025, up 685.53% year-on-year from $1.1 million in Q4 2024, and down 100.0% quarter-over-quarter from $4502.0 billion 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.

  • On a quarterly basis, Notes Payables rose 685.53% year-over-year to $8.3 million in Q4 2025; TTM through Dec 2025 was $8.3 million, a 685.53% increase from a year earlier, with the FY2025 full-year figure at $8.3 million, up 685.53% from the prior year.
  • Notes Payables fell to $8.3 million in Q4 2025 per RAYA's latest filing, from $4502.0 billion in the prior quarter.
  • Across five years, Notes Payables topped out at $4502.0 billion in Q2 2025 and bottomed at $70424.0 in Q4 2023.
  • The 5-year median for Notes Payables is $5.4 million (2021), against an average of $562.7 billion.
  • Across the five-year window, Notes Payables plunged 98.87% in 2023 and surged 422470051.38% in 2025, its largest moves.
  • Year by year, Notes Payables stood at $5.8 million in 2021, then climbed by 8.18% to $6.2 million in 2022, then plunged 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.
  • Per Business Quant, the three latest RAYA Notes Payables figures stand at $8.3 million (Q4 2025), $4502.0 billion (Q2 2025), and $1.1 million (Q4 2024).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn
10 Erayak Power Solution 18,944.10 -6.37 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2025 8.29 Mn
Jun 30, 2025 4,501.96 Bn
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