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). Check RAYA tangible net worth ratio to evaluate the tangible quality of the company's equity base.
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. For the full cash flow conversion analysis, see how efficiently does Erayak Power Solution Group Inc. Class A generate cash.
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. See RAYA FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| 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 | — |