Erayak Power Solution reported total assets of $59.45M and total liabilities of $24.18M for the quarter ended Dec 2025, up 32.2% year over year. This balance sheet covers 9 quarters of results from Dec 2020 through Dec 2025, standardized by Business Quant from the company’s SEC filings.
| Balance Sheet | Dec2020 | Dec2021 | Dec2022 | Jun2023 | Dec2023 | Jun2024 | Dec2024 | Jun2025 | Dec2025 |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Current Assets | |||||||||
| Cash & EquivalentsCash & Equiv. | 4.06M | 5.17M | 7.03M | 5.77M | 5.88M | 1.10M | 1.32M | 0.18M | 0.44M |
| Short-term InvestmentsInvestments (Current) | 4.72M | 1.92M | 2.75M | 8.18M | 9.44M | 9.11M | 6.21M | ||
| Cash & Current Investments | 4.06M | 5.17M | 11.75M | 7.70M | 8.62M | 9.28M | 10.76M | 9.29M | 6.64M |
| Receivables - NetNet Receivables | 1.76M | 9.96M | 5.91M | 0.03M | 10.40M | 12.30M | 13.72M | 13.96M | |
| Receivables - OtherOther Receivables | -0.10M | 0.16M | 0.10M | 0.13M | -1.57M | 0.17M | 0.14M | 0.18M | 0.15M |
| Receivables | 1.91M | 10.06M | 6.04M | -1.54M | 10.56M | 12.44M | 13.90M | 14.11M | |
| Raw Materials | 4.30M | 5.69M | 7.43M | 7.12M | 6.51M | 7.32M | |||
| Work In Process | 0.64M | 0.92M | 1.30M | 1.49M | 1.73M | 1.90M | |||
| Finished Goods | 1.30M | 0.55M | 0.97M | 0.61M | 1.06M | 0.52M | |||
| Inventory | 1.68M | 3.90M | 6.23M | 6.85M | 7.06M | 9.60M | 8.84M | 8.91M | 9.73M |
| Prepaid Assets | 1.15M | 2.66M | -4.20M | 1.92M | -1.00M | 1.00M | 1.00M | 3.82M | 4.24M |
| Current Assets | 11.95M | 13.49M | 28.24M | 22.09M | 27.69M | 29.42M | 33.09M | 35.90M | 43.36M |
| Non-Current Assets | |||||||||
| Property, Plant & Equipment (Net)PP&E (Net) | 0.98M | 1.08M | 1.66M | 1.80M | 1.92M | 2.26M | 2.16M | 3.94M | 7.10M |
| Long-Term Investments | -1.06M | -1.06M | -0.03M | -4.09M | 0.41M | 0.42M | 0.19M | ||
| Intangibles | 0.01M | 0.01M | 0.01M | 0.01M | 0.03M | 0.04M | 0.06M | 2.60M | 2.68M |
| Goodwill & Intangibles | 0.01M | 0.01M | 0.01M | 0.01M | 0.03M | 0.04M | 0.06M | 2.60M | 2.68M |
| Long-Term Deferred Tax | 0.01M | 0.04M | 0.04M | 0.03M | 0.03M | 0.03M | 0.10M | 0.10M | 0.10M |
| Other Non-Current Assets | 0.01M | 0.05M | 0.03M | -3.95M | 0.00M | 3.77M | 3.75M | 0.25M | 0.25M |
| Non-Current Assets | 11.24M | 11.04M | 9.37M | 12.67M | 17.28M | 12.99M | 12.94M | 13.29M | 16.08M |
| Assets | 23.19M | 24.53M | 37.61M | 34.76M | 44.97M | 42.41M | 46.03M | 49.20M | 59.45M |
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts Payables | 4.15M | 4.73M | 3.98M | 5.69M | 7.96M | 8.34M | 5.60M | 6.10M | |
| Notes Payables | 5.76M | 6.23M | 4.96M | -1.57M | 1.07M | 1.06M | 4.50M | 8.29M | |
| Payables | 9.91M | 10.96M | 8.94M | 4.12M | 9.02M | 9.39M | 10.10M | 14.39M | |
| Accumulated Expenses | 1.10M | 0.63M | 0.79M | 0.46M | 7.88M | 1.17M | 0.82M | 1.50M | 1.19M |
| Other Accumulated Expenses | 1.01M | 0.16M | 0.39M | 0.22M | 2.28M | 2.19M | 0.01M | 2.06M | 0.01M |
| Short term Debt | 0.07M | 1.06M | 8.29M | ||||||
| Current Taxes | 0.81M | 0.63M | 0.84M | 0.74M | 1.07M | 0.58M | 1.02M | 1.16M | 0.93M |
| Current Deferred Revenue | 0.54M | 0.71M | 0.36M | 0.36M | 0.90M | 0.63M | 1.30M | 1.57M | |
| Total Current Liabilities | 17.22M | 11.87M | 18.04M | 15.16M | 18.80M | 14.03M | 15.53M | 16.75M | 20.77M |
| Non-Current Liabilities | |||||||||
| Non-Current Debt | 7.20M | 0.22M | 0.44M | 1.87M | 1.71M | 3.91M | 6.05M | 3.41M | |
| Preferred Stock Liabilities | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.02M | ||
| Other Non-Current Liabilities | 0.57M | 0.92M | 0.92M | 1.11M | 1.11M | 1.12M | 1.12M | 1.24M | |
| Total Non-Current Liabilities | 16.01M | 17.34M | 14.68M | 19.56M | 14.63M | 18.32M | 21.67M | 22.94M | |
| Total Liabilities | 18.75M | 16.58M | 18.26M | 15.60M | 20.67M | 15.74M | 19.45M | 22.80M | 24.18M |
| Shareholder's Equity | |||||||||
| Total Debt | 7.20M | 5.76M | 6.44M | 5.41M | 0.37M | 2.78M | 6.02M | 10.55M | 20.00M |
| Common Equity | 3.38M | 6.89M | 19.34M | 19.16M | 20.20M | 26.67M | 26.59M | 26.40M | 35.27M |
| Liabilities and Shareholders Equity | 23.19M | 24.53M | 37.61M | 34.76M | 44.97M | 42.41M | 46.03M | 49.20M | 59.45M |
| Retained Earnings | 1.06M | 5.04M | 8.16M | 8.64M | 9.35M | 8.13M | 8.06M | 7.54M | 6.55M |