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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.
Erayak Power Solution Group's quarterly accumulated depreciation
increased
from Dec. 2024 ($-1.72 Mil) to Jun. 2025 ($-2.01 Mil) and
increased
from Jun. 2025 ($-2.01 Mil) to Dec. 2025 ($-2.33 Mil).
Erayak Power Solution Group's annual accumulated depreciation
increased
from Dec. 2023 ($-1.34 Mil) to Dec. 2024 ($-1.72 Mil) and
increased
from Dec. 2024 ($-1.72 Mil) to Dec. 2025 ($-2.33 Mil).
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Erayak Power Solution Group Accumulated Depreciation Chart
Erayak Power Solution Group Accumulated Depreciation Calculation
The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.
What does a Accumulated Depreciation of $-2.33 Mil mean?
Erayak Power Solution Group (RAYA) has a Accumulated Depreciation of $-2.33 Mil as of Dec. 2025. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Erayak Power Solution Group and its competitors.
Is Erayak Power Solution Group's Accumulated Depreciation too high?
Erayak Power Solution Group's current Accumulated Depreciation is $-2.33 Mil. Overall, Erayak Power Solution Group has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Erayak Power Solution Group's Accumulated Depreciation compare to KRFG and TOGI?
Erayak Power Solution Group's Accumulated Depreciation of $-2.33 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accumulated Depreciation for an Industrial Products company?
A good Accumulated Depreciation depends on the Industrial Products industry context. However, Accumulated Depreciation should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accumulated Depreciation mean?
A high Accumulated Depreciation can signal that a stock is expensive relative to its fundamentals. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Erayak Power Solution Group and its competitors. Erayak Power Solution Group's current Accumulated Depreciation is $-2.33 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Erayak Power Solution Group stock overvalued right now?
Based on GuruFocus' analysis, Erayak Power Solution Group (RAYA) is currently considered Possible Value Trap. The stock's GF Value™ is $2,125.27, compared to a current price of $2.15 — trading 99.9% below its estimated fair value. The current Accumulated Depreciation is $-2.33 Mil. Erayak Power Solution Group's overall GF Score™ is 54/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accumulated Depreciation calculated?
Accumulated Depreciation is calculated from a company's financial statements. For Erayak Power Solution Group (RAYA), the current Accumulated Depreciation is $-2.33 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Erayak Power Solution Group (RAYA) Overvalued in 2026?
Based on GuruFocus' analysis, Erayak Power Solution Group stock appears to be undervalued.
The current stock price of $2.15 is trading 99.9% below its estimated GF Value™ of $2,125.27.
GuruFocus considers Erayak Power Solution Group to be Possible Value Trap.
Key valuation signals for RAYA:
Accumulated Depreciation: $-2.33 Mil
GF Value™: $2,125.27 vs. price of $2.15 (99.9% below fair value)
No single metric tells the full story. See the RAYA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Erayak Power Solution Group Inc is engaged in the manufacturing, research and development (R&D), and wholesale and retail of power solution products. The group focuses on manufacturing new energy storage and inverter devices. Its product portfolio includes sine wave and off-grid inverters, inverters and gasoline generators, battery and smart chargers, and custom-designed products. The products are used principally in agricultural and industrial vehicles, recreational vehicles (RVs), electrical appliances, and outdoor living products. The company generates the majority of its revenue from Inverters. The company generates revenue from five main markets, which are China, Poland, Mexico, the U.K., and Portugal. It derives maximum revenue from China.
54GF Score
Get the complete analysis for RAYA
Accumulated Depreciation is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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