RAYA (Erayak Power Solution Group) Buildings And Improvements : $0.75 Mil (As of Dec. 2024)

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What is Erayak Power Solution Group Buildings And Improvements?

Erayak Power Solution Group's quarterly buildings and improvements declined from Dec. 2023 ($0.50 Mil) to Jun. 2024 ($0.49 Mil) but then increased from Jun. 2024 ($0.49 Mil) to Dec. 2024 ($0.75 Mil).

Erayak Power Solution Group's annual buildings and improvements declined from Dec. 2022 ($0.50 Mil) to Dec. 2023 ($0.50 Mil) but then increased from Dec. 2023 ($0.50 Mil) to Dec. 2024 ($0.75 Mil).

Erayak Power Solution Group Buildings And Improvements Historical Data

The historical data trend for Erayak Power Solution Group's Buildings And Improvements can be seen below:

* 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.

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Erayak Power Solution Group Buildings And Improvements Chart

Erayak Power Solution Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Buildings And Improvements

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0.29

0.50

0.75

Erayak Power Solution Group Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Buildings And Improvements	Get a 7-Day Free Trial						0.50	0.49	0.50	0.49	0.75

Erayak Power Solution Group Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction. Broker and architect fees, permits, etc. can be covered within this category. Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized. Improvements are commonly recorded at acquisition cost. Building improvement examples include roofing, remodeling, replacements, etc.

Erayak Power Solution Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Erayak Power Solution Group Inc (NAS:RAYA) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 528, 4th Avenue, Binhai Industrial Park, Zhejiang Province, Wenzhou, CHN, 325025

Website

https://www.erayakpower.com

Erayak Power Solution Group Inc engages in manufacturing, research and development, and wholesale and retail of power solution products. Its product portfolio includes sine wave and off-grid inverters, inverter and gasoline generators, battery, and smart chargers, and custom-designed products. It derives the majority revenue from four products namely inverters, chargers, power bank, and gasoline generators. The company generates the majority of its revenue from Inverters. The company geographically operates in China, Australia, Poland, U.K., and Germany. It derives maximum revenue from China.