Erayak Power Solution Group
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Erayak Power Solution Group generated cash of $6,729,734, which is more than the previous year. Cash used in financing activities reached the amount of -$6,437,393 last year. Net change in cash is therefore -$1,188,813.
Cash Flow
| 2019 | 533.40K | -370.28K | 593.65K |
|---|---|---|---|
| 2020 | -7.92M | -186.00K | 10.93M |
| 2021 | 4.64M | -244.17K | -3.39M |
| 2022 | -4.15M | -4.89M | 11.31M |
| 2023 | 6.72M | -1.37M | -6.43M |
RAYA Cash Flow Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Cash at beginning of period | 7.06M | 5.17M | 4.06M | 1.01M | 264.33K |
Operating activities | |||||
Net income | 1.21M | 3.47M | 3.39M | 2.21M | 951.18K |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||
Depreciation and amortization | 902.69K | 793.59K | 215.12K | 148.19K | 119.13K |
Stock-based compensation expense | 0 | 0 | 0 | 0 | 0 |
| Deferred income tax benefit | 0 | 0 | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | |||||
Accounts receivable, net | 3.39M | -8.54M | 3.38M | -4.07M | 248.67K |
Inventories | -1.09M | -2.65M | -2.20M | -329.43K | -427.05K |
Accounts payable | 1.08M | 661.08K | 803.61K | 274.72K | -605.22K |
Cash generated by operating activities | 6.72M | -4.15M | 4.64M | -7.92M | 533.40K |
Investing activities | |||||
Purchases Of Investments | -3.86M | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -684.21K | -694.81K | -244.17K | -186.00K | -370.28K |
Acquisitions Net | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -1.37M | -4.89M | -244.17K | -186.00K | -370.28K |
Financing activities | |||||
Common Stock Issued | 0 | 10.08M | 0 | 0 | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | -8.34M | 1.15M | -11.46M | -799.37K | 1.41M |
Cash used in financing activities | -6.43M | 11.31M | -3.39M | 10.93M | 593.65K |
Net Change In Cash | -1.18M | 1.89M | 1.11M | 3.05M | 747.66K |
Cash at end of period | 5.87M | 7.06M | 5.17M | 4.06M | 1.01M |
| Data source | Data source |