Erayak Power Solution Group Inc. Class A Ordinary Shares (RAYA) — Net Asset Quality Index
Erayak Power Solution Group Inc. Class A Ordinary Shares (RAYA) has a Net Asset Quality Index of 59.3% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $59.45 Million minus total liabilities of $24.18 Million yields net assets of $35.27 Million. A higher index indicates a stronger, lower-leverage balance sheet. Read how much debt does Erayak Power Solution Group Inc. Class A carry for a breakdown of total debt and financial obligations.
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Erayak Power Solution Group Inc. Class A Ordinary Shares Net Asset Quality Index Over Time (2019–2025)
This chart shows how Erayak Power Solution Group Inc. Class A Ordinary Shares's Net Asset Quality Index has evolved across 7 annual periods from 2019 to 2025. As of March 2026, the index stands at 59.3%, representing net assets of $35.27 Million against total assets of $59.45 Million USD. For live market cap and overall valuation, see how much is Erayak Power Solution Group Inc. Class A worth.
Annual Net Asset Quality Index for Erayak Power Solution Group Inc. Class A Ordinary Shares (2019–2025)
The table below presents the year-by-year Net Asset Quality Index for Erayak Power Solution Group Inc. Class A Ordinary Shares from 2019 to 2025, covering 7 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. Check RAYA strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 59.3% | $35.27 Million | $59.45 Million | $24.18 Million | ▲ +1.6 pp |
| 2024 | 57.8% | $26.59 Million | $46.03 Million | $19.45 Million | ▲ +0.5 pp |
| 2023 | 57.3% | $20.20 Million | $35.29 Million | $15.08 Million | ▲ +5.8 pp |
| 2022 | 51.4% | $19.34 Million | $37.61 Million | $18.26 Million | ▲ +22.1 pp |
| 2021 | 29.4% | $6.89 Million | $23.47 Million | $16.58 Million | ▲ +14.1 pp |
| 2020 | 15.3% | $3.38 Million | $22.13 Million | $18.75 Million | ▲ +8.0 pp |
| 2019 | 7.2% | $969.47K | $13.42 Million | $12.45 Million | — |