Erayak Power Solution Group Inc. Class A Ordinary Shares (RAYA) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Erayak Power Solution Group Inc. Class A Ordinary Shares (RAYA) has a cash flow conversion efficiency ratio of -0.030x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-782.38K) by net assets ($26.40 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Erayak Power Solution Group Inc. Class A Ordinary Shares - Cash Flow Conversion Efficiency Trend (2019–2024)
This chart illustrates how Erayak Power Solution Group Inc. Class A Ordinary Shares's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Erayak Power Solution Group Inc. Class A (RAYA) financial obligations for a breakdown of total debt and financial obligations.
Erayak Power Solution Group Inc. Class A Ordinary Shares Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Erayak Power Solution Group Inc. Class A Ordinary Shares ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
E2Gold Inc
V:ETU
|
0.011x |
|
Krakchemia SA
WAR:KCH
|
-0.002x |
|
Premier Health of America Inc
V:PHA
|
-0.621x |
|
Aloro Mining Corp
V:AORO
|
-0.003x |
|
First Tin PLC
LSE:1SN
|
-0.028x |
|
Network Media Group Inc
V:NTE
|
0.183x |
|
Yolo SA
WAR:YOL
|
0.005x |
|
Onconetix Inc
NASDAQ:ONCO
|
-0.941x |
Annual Cash Flow Conversion Efficiency for Erayak Power Solution Group Inc. Class A Ordinary Shares (2019–2024)
The table below shows the annual cash flow conversion efficiency of Erayak Power Solution Group Inc. Class A Ordinary Shares from 2019 to 2024. For the full company profile with market capitalisation and key ratios, see RAYA market cap overview.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $26.59 Million | $-15.88 Million | -0.597x | -279.27% |
| 2023-12-31 | $20.20 Million | $6.73 Million | 0.333x | +255.23% |
| 2022-12-31 | $19.34 Million | $-4.15 Million | -0.215x | -131.87% |
| 2021-12-31 | $6.89 Million | $4.64 Million | 0.673x | +128.69% |
| 2020-12-31 | $3.38 Million | $-7.93 Million | -2.348x | -526.68% |
| 2019-12-31 | $969.47K | $533.41K | 0.550x | -- |
About Erayak Power Solution Group Inc. Class A Ordinary Shares
Erayak Power Solution Group Inc., through its subsidiaries, engages in the research and development, manufacture, and wholesale and retail of power solution products in China, Australia, Poland, the United Kingdom, Germany, and internationally. The company offers sine wave and off-grid inverters, inverter and gasoline generators, battery and smart chargers, and custom-designed products. Its produ… Read more