Erayak Power Solution Group Inc. Class A Ordinary Shares (RAYA) — Capital Reinvestment Ratio

Latest as of December 2023: 0.23x

Erayak Power Solution Group Inc. Class A Ordinary Shares (RAYA) has a Capital Reinvestment Ratio of 0.23x as of December 2023, meaning it reinvests 0% of its operating cash flow ($1.28 Million) in capital expenditures ($294.68K). See Erayak Power Solution Group Inc. Class A net asset quality index to measure how much of total assets are equity-financed.

Capital Reinvestment Ratio

0.23x
Capex / Operating Cash Flow

Operating Cash Flow

$1.28 Million
USD

Capital Expenditures

$294.68K
USD

Data as of

Dec 2023
Most recent filing

Erayak Power Solution Group Inc. Class A Ordinary Shares Capital Reinvestment Ratio (2019–2023)

This chart tracks Erayak Power Solution Group Inc. Class A Ordinary Shares's Capital Reinvestment Ratio across 3 annual periods. Check RAYA cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.

Annual Capital Reinvestment Ratio for Erayak Power Solution Group Inc. Class A Ordinary Shares (2019–2023)

Year-by-year Capital Reinvestment Ratio for Erayak Power Solution Group Inc. Class A Ordinary Shares from 2019 to 2023. For live market cap and broader valuation context, see Erayak Power Solution Group Inc. Class A (RAYA) total market value.

Year Reinvestment Ratio Operating CF (USD) Capital Expenditures YoY Change
2023 0.11x $6.73 Million $709.90K ▲ +100.6%
2021 0.05x $4.64 Million $244.17K ▼ -92.4%
2019 0.69x $533.41K $370.28K
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow