All three tenses have at least two readings, so the archetype blend applies as printed.
Of the nine metrics, 7 read as filed from the record and 2 are SI estimates, each with its reasoning, its confidence and what would change it on its card.
What did they actually do?
Has it survived what it has been through?
1 warning event since 2021; the latest 2023-05-01.
From the record
Erayak Power Solution Group Inc.'s filings since 2021 show 1 warning event: a late-report notice (Form NT 10-K or NT 10-Q, the latest 2023-05-01) (its current reports).
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What has it actually done, year after year?
+10.1% a year over 6 filed years; profitable in 4 of 6.
From the record
Erayak Power Solution Group Inc.'s 6 filed years say what it did: revenue went from $14 million in fiscal 2020 to $23 million in fiscal 2025, up 10.1% a year; it rose in 3 of 5 years; the deepest fall was 25% from fiscal 2024 to fiscal 2025; net income was positive in 4 of 6 of those years (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
How has it treated the people who own it?
SI estimate 0.4/10, confidence 35 of 100 (one part).
SI estimate Inferred, not read as filed
From the record
SI estimate, not a filed reading: Erayak Power Solution Group Inc.'s shareholder treatment is put at 0.4 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 4% of 40 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.
What are they doing right now?
Is it financially healthy right now?
ROE -4%: lost 4¢ per shareholder dollar. Leverage 41%: owes 41¢ per asset dollar.
From the record
Return on equity: in the fiscal year ended 2025-12-31, Erayak Power Solution Group Inc. lost about 4 cents for every dollar of shareholders' money, and gross profitability: its products earned about 8 cents per dollar of everything the company owns. Leverage: it owed about 41 cents per dollar of assets, and net share issuance: its share count grew 349.0% over the year (the filed statements).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
How strong is its position in its industry?
bottom 23% of 42 in its family; net margin -6.1%.
From the record
Erayak Power Solution Group Inc.'s standing among 42 graded names in its industry family: revenue of $23 million in fiscal 2025 ranks in the bottom 15% by size; a net margin of -6.1% ranks in the bottom 32%; revenue growth of -5.3% a year over the last 3 filed years ranks in the bottom 20% (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What are the people in charge doing?
SI estimate 5.0/10, confidence 20 of 100 (family median).
SI estimate Inferred, not read as filed
From the record
SI estimate, not a filed reading: Erayak Power Solution Group Inc.'s leadership is put at 5.0 of 10 with a confidence of 20 of 100, because it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; no officer or director has filed a Form 3, 4 or 5 for it in the last fifteen months, so the years in charge cannot be read, so the desk assumes the typical reading of its industry family, the median of 33 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.
What are they set up to do next?
How much room does it have to grow?
bottom 41% of 42 in its family for room to expand.
From the record
Erayak Power Solution Group Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $437 thousand against debt of $3 million leaves -5% of its assets as net cash, bottom 38% of its family; cash from operations less capital spending is -36.8% of revenue (bottom 15%); a gross margin of 21.3% (bottom 30%); research spending of 7% of revenue (top 18%) (its annual report).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What could actually drive growth from here?
bottom 50% of 42 in its family for growth drivers.
From the record
Erayak Power Solution Group Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -5.3% a year over the last three filed years against 10.1% over all 6, slowing (bottom 8% of its family); the newest year grew -24.6% (bottom 13%); research spending grew 19.9% a year (top 15%); capital spending grew 96.1% a year (top 6%) (its annual reports). Erayak Power Solution Group Inc. reported 5 product lines in fiscal 2025: Inverters at $11 million (48%), Gasoline Generators at $10 million (42%), Power Bank at $2 million (8%), and 2 more; 0 of 5 grew against the year before (its annual report).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
Did its newest year beat what its own record pointed to?
bottom 14% of 42 in its family for expectations against reality.
From the record
Erayak Power Solution Group Inc.'s newest year against its own record: revenue of $23 million in fiscal 2025 came in 28.9% below the $32 million its prior three years' pace pointed to (bottom 11% of its family); net income of $1 million against a prior three-year average of $1 million (bottom 11%); a net margin of -6.1% against 5.1% before (bottom 20%) (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made