Company Overview
SolarMax Technology, Inc., through its subsidiaries, operates as an integrated solar and renewable energy company in the United States. The company engages in the sale and installation of photovoltaic and battery backup systems; sale of LED systems; and identifying and procuring solar farm projects for resale to third parties, as well as provision of engineering, procuring, and construction services for solar farm projects. It serves residential and commercial customers. SolarMax Technology, Inc. was incorporated in 2008 and is based in Riverside, California.
Why Investors Should Care
Generates a return on equity of 51.8%, reflecting efficient use of shareholder capital.
Return on capital employed stands at 142.3%.
Revenue has grown at a 26.7% CAGR over the past five years.
Recent Developments
- Dec 2025 Revenue of $90.98M (+295.8% YoY); net profit $-6.33M.
- Trailing 12 Months Year-on-year growth — revenue +114.1%.
- 5-Year Trend Long-term compounding — revenue CAGR 26.7%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 26.71% |
| 1 Year: | 114.10% |
Stock Price Performance
| 1 Year: | -79.07% |
| 6 Months: | -71.95% |
| 3 Months: | -60.54% |
| 1 Month: | -47.15% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMABelow
- RSI (14)25.96 · Oversold
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Strong return on equity of 51.8%.
- Healthy ROCE of 142.3%.
- Compounding revenue at 26.7% over 5 years.
CONS
- Trading 82.5% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Technology).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | SMXT SolarMax Technology, Inc. TECH | 2.41 | -1.83 | $11.43M | 0.00% | 142.33% | 51.80% | 26.71% | - |
| 2 | NVDA NVIDIA Corporation NDXSPXR3KAITECH | 225.73 | 28.50 | $5.45T | 0.46% | 74.66% | 117.21% | 24.64% | 32.12% |
| 3 | AAPL Apple Inc. NDXSPXR3KTECH | 316.22 | 36.22 | $4.61T | 0.34% | 68.72% | 148.75% | 1.81% | 3.92% |
| 4 | MSFT Microsoft Corporation NDXSPXR3KAITECH | 493.95 | 27.49 | $3.67T | 0.79% | 26.33% | 34.04% | 9.93% | 11.90% |
| 5 | TSM Taiwan Semiconductor Manufacturing Company Limited AITECH | 439.00 | 32.71 | $2.28T | 0.95% | 30.20% | 39.97% | 18.94% | 19.57% |
| 6 | AVGO Broadcom Inc. NDXSPXR3KAITECH | 368.56 | 46.95 | $1.75T | 0.71% | 16.70% | 44.25% | 17.04% | 54.08% |
| 7 | MU Micron Technology, Inc. NDXSPXR3KAITECH | 1,000.26 | 22.59 | $1.13T | 0.05% | 13.69% | 66.64% | 13.68% | 26.02% |
| 8 | AMD Advanced Micro Devices, Inc. NDXSPXR3KAITECH | 505.74 | 128.36 | $825.61B | 0.00% | 5.47% | 10.20% | 11.81% | 66.28% |
| 9 | ASML ASML Holding N.V. NDXAITECH | 1,764.85 | 59.89 | $677.88B | 0.51% | 42.97% | 53.94% | 15.55% | 19.55% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 12.87M | 14.75M | 14.27M | 5.76M | 4.45M | 6.33M | - | 6.93M | 6.88M | 30.60M | 46.57M | 14.83M |
| Cost of Revenue | - | - | - | - | - | - | - | 5.51M | 6.28M | 29.65M | 45.32M | 11.78M |
| Gross Profit | 2.07M | 2.08M | 4.05M | -464.41K | 588.08K | 1.26M | - | 1.42M | 604.56K | 956.21K | 1.25M | 3.05M |
| Operating Expenses | - | - | - | - | - | - | - | 2.57M | 2.37M | 3.06M | 2.51M | 2.95M |
| Operating Income | 527.21K | -910.67K | 920.45K | -18.88M | -2.40M | -10.03M | - | -1.16M | -1.77M | -2.11M | -1.26M | 96.20K |
| EBITDA | - | - | - | - | - | - | - | -595.16K | -1.24M | -2.02M | -636.02K | 261.31K |
| Interest Expense | - | - | - | - | - | - | - | 369.40K | 362.64K | 355.85K | 278.31K | 298.06K |
| Pretax Income | - | - | - | - | - | - | - | -1.36M | -2.00M | -2.77M | -1.32M | -313.00K |
| Tax Provision | - | - | - | - | - | - | - | -63.63K | -106.22K | -515.51K | -449.21K | -6.32K |
| Net Income | 742.82K | -1.86M | 1.47M | -19.27M | -2.16M | -9.62M | - | -1.30M | -1.90M | -2.26M | -872.25K | -306.68K |
| Diluted EPS | 0.02 | - | 0.04 | -0.46 | -0.05 | -0.21 | - | -0.03 | -0.04 | -0.04 | - | -0.01 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue | - | 44.72M | 54.14M | 22.99M | 90.98M |
| Cost of Revenue | - | 37.24M | 42.99M | 20.67M | 86.75M |
| Gross Profit | - | 7.48M | 11.15M | 2.31M | 4.23M |
| Operating Expenses | - | 15.45M | 10.67M | 27.96M | 10.53M |
| Operating Income | - | -7.97M | 483.85K | -25.64M | -6.30M |
| EBITDA | - | -3.63M | 3.56M | -30.19M | -4.49M |
| Interest Expense | - | 1.83M | 1.58M | 1.57M | 1.37M |
| Pretax Income | - | -6.83M | 370.59K | -33.30M | -7.46M |
| Tax Provision | - | 41.43K | -64.19K | 1.66M | -1.13M |
| Net Income | - | -6.87M | 434.79K | -34.96M | -6.33M |
| Diluted EPS | - | -0.15 | 0.01 | -0.79 | -0.13 |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Total Assets | - | 61.48M | 48.66M | 38.63M | 91.29M |
| Current Assets | - | 29.09M | 19.92M | 20.95M | 75.35M |
| Cash & Equivalents | - | 3.82M | 2.54M | 786.33K | 7.97M |
| Inventory | - | 3.40M | 1.34M | 1.30M | 2.06M |
| Receivables | - | 5.93M | 4.18M | 4.23M | 12.94M |
| Total Liabilities | - | 77.69M | 64.54M | 53.71M | 103.50M |
| Current Liabilities | - | 46.51M | 43.40M | 34.74M | 95.71M |
| Long Term Debt | - | 22.15M | 14.27M | 13.53M | 5.34M |
| Total Debt | - | 47.98M | 41.88M | 34.84M | 27.20M |
| Total Equity | - | -16.21M | -15.89M | -15.08M | -12.21M |
| Shares Outstanding | - | 44.50M | 44.50M | 46.53M | 56.17M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | -1.97M | 4.09M | -9.13M | 498.05K |
| Investing Cash Flow | - | -280.52K | -6.55K | -6.32M | 5.84M |
| Financing Cash Flow | - | -7.50M | -5.32M | 13.31M | 1.15M |
| Capital Expenditure | - | -83.47K | -28.00K | - | - |
| Free Cash Flow | - | -2.06M | 4.06M | -9.13M | 498.05K |
| Net Change in Cash | - | -9.75M | -1.24M | -2.14M | 7.49M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Gross Margin % | - | 16.7% | 20.6% | 10.1% | 4.6% |
| Operating Margin % | - | -17.8% | 0.9% | -111.5% | -6.9% |
| Net Margin % | - | -15.4% | 0.8% | -152.1% | -7.0% |
| ROE % | - | 42.4% | -2.7% | 231.9% | 51.8% |
| ROCE % | - | -53.3% | 9.2% | -659.2% | 142.3% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Vanguard Capital Management LLC | 1.14% | 54.28K | $117.79K |
| 2 | Geode Capital Management, LLC | 0.66% | 31.48K | $68.31K |
| 3 | Vanguard Fiduciary Trust Co | 0.34% | 16.26K | $35.28K |
| 4 | Northern Trust Corporation | 0.17% | 8.24K | $17.88K |
| 5 | Susquehanna International Group, LLP | 0.15% | 6.89K | $14.96K |
| 6 | UBS Group AG | 0.14% | 6.63K | $14.39K |
| 7 | Jane Street Group, LLC | 0.10% | 4.89K | $10.62K |
| 8 | Renaissance Technologies, LLC | 0.09% | 4.17K | $9.06K |
| 9 | Xtx Topco Ltd | 0.09% | 4.33K | $9.39K |
| 10 | HRT Financial LP | 0.07% | 3.31K | $7.18K |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for SMXT
SolarMax gets until Oct. 19 to submit a plan after missing a quarterly filing - Stock Titan
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SMXT - Finviz
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Solarmax Technology Inc. Common Stock (NASDAQ: SMXT) Stock Price, News & Analysis - kalkine.com.au
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There Is A Reason SolarMax Technology, Inc.'s (NASDAQ:SMXT) Price Is Undemanding - simplywall.st
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SolarMax faces Aug. 31 deadline to meet Nasdaq’s $1 bid rule - Stock Titan
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SolarMax Technology 2025 10-K: $91M revenue, $(0.13) EPS - tradingview.com
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SMXT — Frequently Asked Questions
What is the current share price of SolarMax Technology, Inc. (SMXT)?
As of 2026-09-19 21:16 PDT, SolarMax Technology, Inc. (SMXT) trades at $2.41 on NasdaqCM. Its 52-week range is $1.02 to $13.80.
What is the market capitalisation of SMXT?
SolarMax Technology, Inc. (SMXT) has a market capitalisation of $11.43M on NasdaqCM.
What is the P/E ratio of SMXT?
SMXT trades at a trailing price-to-earnings (P/E) ratio of -1.83. The industry average P/E is 29.22. Its price-to-book (P/B) ratio is -0.90.
What is the return on equity (ROE) of SMXT?
SMXT has a return on equity (ROE) of 51.80%. Its return on capital employed (ROCE) is 142.33%.
Is SMXT a good stock to buy?
This page provides a data-driven analysis of SolarMax Technology, Inc. (SMXT), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.