Solarmax Technology (SMXT)

NasdaqMarket Closed

SolarMax Technology Inc. is an integrated renewable energy company with operations linked to the development, sale, installation, and management of solar power systems. The company serves customers in the distributed solar market while also participating in larger solar project activity through its operations in China.

In the United States, SolarMax’s business focuses on photovoltaic systems and battery backup solutions for residential and commercial customers. This includes system design, equipment procurement, installation, and related services that help customers generate electricity from rooftop or on-site solar assets. Its product offering has included solar panels and related equipment from established manufacturers such as LG, Q CELLS, Panasonic, and other suppliers, alongside battery and power-management components used to support energy storage and resilience.

The company’s China operations are centered on solar farm projects. These activities include operating and maintaining solar assets, as well as identifying, acquiring, or procuring solar farm projects that may be resold to third parties. This gives SolarMax exposure to both distributed generation and utility-scale solar markets, although its revenue base is primarily tied to solar energy systems.

SolarMax operates in an industry shaped by electricity prices, government incentives, financing availability, grid interconnection rules, and demand for cleaner energy. Its business model is tied to the broader adoption of solar power and battery storage as customers look to lower energy costs, reduce carbon emissions, and improve backup power capability. For investors, the stock offers exposure to a small-cap solar company with a mix of installation services, equipment sales, and project-related renewable energy activity.

2.63USD
2.56 USD
−0.16(-5.73%)
Pre-market

Last updated

Market Cap
$12,472,025
P/E
P/FCF
P/S
0.13
Enterprise Value
$32,536,642
Sector
Industry
Address
3080 12TH STREET, RIVERSIDE, CA, 92507
Market Cap
$12,472,025
Enterprise Value
$32,536,642
P/E
P/B
-1.09
P/S
0.13
EV / EBITDA
-6.52
EV / Sales
0.33
EPS
-1.13
Dividend Yield
0%
P/FCF
P/CF
Free Cash Flow
-$3,087,961
ROE
46.77%
ROA
-5.02%
Debt / Equity
-2.14
Current Ratio
0.82
Quick Ratio
0.8
Cash
0.04
Avg Volume
$107,275
Fundamentals Snapshot Price
2.63

Income Statement

Line Item2026 Q12025 Q42025 Q32025 Q22025 Q1
Revenue14.83M46.57M30.6M6.88M6.93M
Cost of revenue11.78M45.32M29.65M6.28M5.51M
Gross profit3.05M1.25M956.21K604.56K1.42M
Operating income96.2K-1.26M-2.11M-1.77M-1.16M
EBITDA109.27K-1.25M-2.1M-1.75M-1.14M
Net income-306.68K-872.25K-2.26M-1.9M-1.3M
Income taxes-6.32K-449.21K-515.51K-106.22K-63.63K
Interest expense-298.07K-278.32K-355.85K-362.64K-369.4K
Other operating expenses00000
Total operating expenses2.95M2.51M3.06M2.37M2.57M
Basic EPS-0.12-0.18-0.48-0.48-0.36
Diluted EPS-0.12-0.18-0.48-0.48-0.36

Balance Sheet

Line Item2026 Q12025 Q42025 Q32025 Q22025 Q1
Total assets106.19M91.29M58.66M38.24M38.59M
Total liabilities117.6M103.5M70.44M53.35M54.47M
Total equity-11.41M-12.21M-11.78M-15.11M-15.87M
Cash & equivalents4.31M7.97M5.72M1.92M596.25K
Current assets80.46M75.35M42.06M21.54M21.55M
Current liabilities98.02M95.71M57.5M39.8M39.02M
Accounts payable78.94M73.85M26.07M3.91M16.43M
Receivables16.16M15.51M15.48M6.39M10.02M
Inventories1.72M2.06M1.61M1.59M2.3M
Goodwill00000
Long-term debt6.32M5.34M9.7M9.57M10.56M

Cash Flow

Line Item2026 Q12025 Q42025 Q32025 Q22025 Q1
Operating cash flow-4.19M-2.52M3.4M220.7K-601.13K
Investing cash flow548.44K5.2M500.61K44.09K93.42K
Financing cash flow-7.7K-333.46K-71.26K1.18M376.55K
Change in cash-3.66M2.25M3.81M1.32M-189.16K
Net income-306.68K-872.25K-2.26M-1.9M-1.3M
KindFilingDateLink
edgar index8-K — SolarMax Technology, Inc.View Filing
eight k text8-K — 8-KView Filing
edgar indexNT 10-Q — SolarMax Technology, Inc.View Filing
edgar index8-K — SolarMax Technology, Inc.View Filing
eight k text8-K — 8-KView Filing
edgar index8-K — SolarMax Technology, Inc.View Filing
eight k text8-K — 8-KView Filing
edgar index8-K — SolarMax Technology, Inc.View Filing
eight k text8-K — 8-KView Filing
edgar index8-K — SolarMax Technology, Inc.View Filing
eight k text8-K — 8-KView Filing
edgar index8-K — SolarMax Technology, Inc.View Filing
eight k text8-K — 8-KView Filing
edgar index8-K — SolarMax Technology, Inc.View Filing
eight k text8-K — 8-KView Filing
edgar index10-Q — SolarMax Technology, Inc.View Filing
edgar index8-K — SolarMax Technology, Inc.View Filing
eight k text8-K — 8-KView Filing
edgar index10-K/A — SolarMax Technology, Inc.View Filing
edgar index8-K — SolarMax Technology, Inc.View Filing
eight k text8-K — 8-KView Filing
edgar index10-K — SolarMax Technology, Inc.View Filing
ten k section10-K — businessView Filing
ten k section10-K — mdaView Filing
ten k section10-K — risk_factorsView Filing
edgar indexNT 10-K — SolarMax Technology, Inc.View Filing
edgar index8-K — SolarMax Technology, Inc.View Filing
eight k text8-K — 8-KView Filing
edgar index8-K — SolarMax Technology, Inc.View Filing
edgar index8-K — SolarMax Technology, Inc.View Filing
edgar index8-K — SolarMax Technology, Inc.View Filing
edgar index10-Q — SolarMax Technology, Inc.View Filing
edgar index8-K — SolarMax Technology, Inc.View Filing
edgar index8-K — SolarMax Technology, Inc.View Filing
edgar indexDEF 14A — SolarMax Technology, Inc.View Filing
edgar index8-K — SolarMax Technology, Inc.View Filing
edgar index8-K — SolarMax Technology, Inc.View Filing
edgar index8-K — SolarMax Technology, Inc.View Filing
edgar index10-Q — SolarMax Technology, Inc.View Filing
edgar index8-K — SolarMax Technology, Inc.View Filing
edgar index3 — SolarMax Technology, Inc.View Filing
edgar index3 — SolarMax Technology, Inc.View Filing
form 3Form 3 — Chen Wei YuanView Filing
edgar index8-K — SolarMax Technology, Inc.View Filing
edgar indexNT 10-Q — SolarMax Technology, Inc.View Filing
edgar index10-Q — SolarMax Technology, Inc.View Filing
edgar index8-K — SolarMax Technology, Inc.View Filing
edgar index8-K — SolarMax Technology, Inc.View Filing
edgar index10-K — SolarMax Technology, Inc.View Filing
ten k section10-K — businessView Filing
ten k section10-K — risk_factorsView Filing
edgar indexSCHEDULE 13G — SolarMax Technology, Inc.View Filing
edgar indexSCHEDULE 13G — SolarMax Technology, Inc.View Filing
edgar index3 — SolarMax Technology, Inc.View Filing
form 3Form 3 — Hsu Bingwen DavidView Filing
form 3Form 3 — Hsu Bingwen DavidView Filing
edgar indexSCHEDULE 13G — SolarMax Technology, Inc.View Filing
edgar index3 — SolarMax Technology, Inc.View Filing
form 3Form 3 — Yuan SimonView Filing
form 3Form 3 — Yuan SimonView Filing
edgar index8-K — SolarMax Technology, Inc.View Filing
edgar index8-K — SolarMax Technology, Inc.View Filing
edgar index8-K — SolarMax Technology, Inc.View Filing
edgar index10-Q — SolarMax Technology, Inc.View Filing
edgar index8-K — SolarMax Technology, Inc.View Filing
edgar index8-K — SolarMax Technology, Inc.View Filing
edgar index8-K — SolarMax Technology, Inc.View Filing
edgar index10-Q — SolarMax Technology, Inc.View Filing
edgar index8-K — SolarMax Technology, Inc.View Filing
edgar index10-Q — SolarMax Technology, Inc.View Filing
edgar index8-K — SolarMax Technology, Inc.View Filing
edgar index10-K — SolarMax Technology, Inc.View Filing
ten k section10-K — businessView Filing
ten k section10-K — risk_factorsView Filing
edgar indexNT 10-K — SolarMax Technology, Inc.View Filing