Erayak Power Solution Group Inc. Class A Ordinary Shares Tangible Net Worth Ratio
Erayak Power Solution Group Inc. Class A Ordinary Shares tangible net worth ratio. Erayak Power Solution Group Inc. Class A Ordinary Shares (RAYA) has a Tangible Net Worth Ratio of 92.4% as of March 2026. This metric is calculated by deducting intangible assets ($2.68 Million) from net assets ($35.27 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore Erayak Power Solution Group Inc. Class A (RAYA) net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Erayak Power Solution Group Inc. Class A Ordinary Shares (2019–2025)
Tangible net worth ratio of Erayak Power Solution Group Inc. Class A Ordinary Shares from 2019 to 2025. This chart shows how Erayak Power Solution Group Inc. Class A Ordinary Shares's Tangible Net Worth Ratio has changed across 7 annual periods from 2019 to 2025. As of March 2026, the ratio stands at 92.4%, reflecting net assets of $35.27 Million with intangible assets of $2.68 Million USD. Check RAYA PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Erayak Power Solution Group Inc. Class A Ordinary Shares Tangible Net Worth Ratio by Year (2019–2025)
Erayak Power Solution Group Inc. Class A Ordinary Shares tangible net worth ratio by year from 2019 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Erayak Power Solution Group Inc. Class A Ordinary Shares from 2019 to 2025, covering 7 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see RAYA stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 92.4% | $35.27 Million | $2.68 Million | $59.45 Million | ▼ -7.4 pp |
| 2024 | 99.8% | $26.59 Million | $61.97K | $46.03 Million | ▼ -0.1 pp |
| 2023 | 99.8% | $20.20 Million | $31.85K | $35.29 Million | ▼ -0.1 pp |
| 2022 | 100.0% | $19.34 Million | $8.81K | $37.61 Million | ▲ +0.1 pp |
| 2021 | 99.8% | $6.89 Million | $11.09K | $23.47 Million | ▲ +0.2 pp |
| 2020 | 99.6% | $3.38 Million | $12.06K | $22.13 Million | ▼ 0.0 pp |
| 2019 | 99.7% | $969.47K | $3.23K | $13.42 Million | — |