Erayak Power Solution Group Inc. Class A Ordinary Shares (RAYA) — Capital Reinvestment Ratio
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 RAYA free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
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.
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 how much is Erayak Power Solution Group Inc. Class A worth.
| 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 | — |