Erayak Power Solution Group Inc. Class A Ordinary Shares (RAYA) — Cash Flow Quality Index
Erayak Power Solution Group Inc. Class A Ordinary Shares (RAYA) has a Cash Flow Quality Index of 1.71x as of December 2023. Operating cash flow of $1.28 Million exceeds net income of $743.54K, indicating high earnings quality where cash backs reported profits. Explore Erayak Power Solution Group Inc. Class A cash conversion from operations to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Erayak Power Solution Group Inc. Class A Ordinary Shares Cash Flow Quality Index (2019–2023)
Historical Cash Flow Quality Index for Erayak Power Solution Group Inc. Class A Ordinary Shares across 5 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Erayak Power Solution Group Inc. Class A total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Erayak Power Solution Group Inc. Class A Ordinary Shares (2019–2023)
Year-by-year earnings quality comparison for Erayak Power Solution Group Inc. Class A Ordinary Shares. For live market cap and the full company financial profile, see market cap of Erayak Power Solution Group Inc. Class A.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2023 | 5.52x | $6.73 Million | $1.22 Million | ▲ +562.4% |
| 2022 | -1.19x | $-4.15 Million | $3.48 Million | ▼ -187.3% |
| 2021 | 1.37x | $4.64 Million | $3.39 Million | ▲ +138.2% |
| 2020 | -3.58x | $-7.93 Million | $2.21 Million | ▼ -738.6% |
| 2019 | 0.56x | $533.41K | $951.18K | — |