Solarmax Technology Inc. Common Stock

Solarmax Technology Inc. Common Stock

SMXT · NASDAQ · Technology / Solar

4.11USD-0.15 (-3.52%)

Price History

Full chart

Market Stats

Previous Close4.26
Open4.11
Day Range3.99 – 4.22
52-Week Range1.82 – 15.24
Volume2.57K
Market Cap10.81M
P/E (TTM)0.00
Forward P/E0.00
EPS-1.21
Dividend Yield0.00%
Beta0.20
50-Day Avg3.38
200-Day Avg6.70

About

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.

Company Details

  • SectorTechnology
  • IndustrySolar
  • CEOMr. David Bingwen Hsu
  • Employees79
  • Headquarters3080 12th Street, Riverside, CA, United States, 92507, USA
  • Websitehttps://www.solarmaxtech.com

Leadership

  • Mr. David Bingwen HsuChairman & CEO · b. 1964
  • Mr. Stephen P. BrownCFO & Secretary · b. 1959
  • Ms. Dee R. BalchSVP & Chief Accounting Officer · b. 1965
  • Mr. Bin LuHead of China Segment · b. 1969

Financials

Income Statement

Currency: USD2017-12-312018-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue88.93M89.83M131.58M37.74M44.72M54.14M22.99M90.98M
Growth (%)-+1.01%+46.48%-71.32%+18.49%+21.07%-57.54%+295.80%
Cost of Revenue78.35M80.58M115.13M31.79M37.24M42.99M20.67M86.75M
Gross Profit10.58M9.25M16.45M5.95M7.48M11.15M2.31M4.23M
Gross Margin11.90%10.30%12.50%15.76%16.73%20.59%10.07%4.65%
Operating Expense18.80M20.20M12.71M12.15M15.45M10.67M35.42M11.58M
Operating Income-8.22M-10.95M3.74M-6.20M-7.97M483.85K-33.10M-7.35M
Operating Margin-9.24%-12.19%2.84%-16.43%-17.82%0.89%-144.01%-8.08%
EBITDA-7.06M-12.15M7.13M-1.26M-3.63M3.56M-30.19M-4.49M
EBITDA Margin-7.94%-13.52%5.42%-3.35%-8.12%6.58%-131.32%-4.94%
Net Income-11.93M-14.60M974.05K-3.32M-6.87M434.79K-34.96M-6.32M
Net Income Margin-13.42%-16.25%0.74%-8.80%-15.37%0.80%-152.10%-6.95%
Interest Expense1.85M1.95M3.21M2.00M1.83M1.58M1.57M1.37M
Interest Expense % of Total Revenue2.08%2.17%2.44%5.29%4.09%2.91%6.81%1.50%

Balance Sheet

Currency: USD2017-12-312018-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets95.03M111.02M96.14M72.02M61.48M48.66M38.63M91.29M
Total Liabilities83.78M109.44M101.57M80.46M77.69M64.54M53.71M103.50M
Total Equity11.29M1.73M-5.22M-8.45M-16.21M-15.89M-15.08M-12.21M
Cash26.88M17.44M21.74M13.08M3.82M2.54M786.33K7.97M
Total Debt62.66M64.32M57.47M48.53M47.98M41.88M34.84M27.20M
Net Debt35.77M46.89M35.74M35.45M44.16M39.35M34.06M19.24M

Cash Flow

Currency: USD2017-12-312018-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-5.48M-14.87M-23.17M-5.35M-1.97M3.81M-9.13M498.05K
Investing Cash Flow428.32K648.34K11.22M2.03M-280.52K-6.55K-6.32M5.84M
Financing Cash Flow8.92M5.46M23.50M-5.07M-7.50M-5.05M13.31M1.15M
Capital Expenditure281.32K422.46K107.10K083.47K28.00K01
Free Cash Flow-5.76M-15.29M-23.27M-5.35M-2.06M3.79M-9.13M498.05K
FCF to OCF105.14%102.84%100.46%100.00%104.23%99.27%100.00%100.00%

Earnings

Report DateMar 31, 2024Jun 30, 2024Sep 30, 2024Mar 31, 2025May 16, 2025Aug 14, 2025Nov 14, 2025Dec 31, 2025Mar 31, 2026Sep 24, 2026Oct 1, 2026
EPS Estimate-----------
EPS Actual-5.14-0.58-2.55-0.09-0.03-0.04-0.04-0.19-0.07-0.48-
Surprise-----------
Timing-----------

Key Statistics & Ratios

Market Cap10.81M
Enterprise Value43.53M
Trailing P/E0.00
Forward P/E0.00
Price / Sales0.11
Price / Book0.00
EPS-1.21
Book Value-2.41
Revenue (TTM)98.89M
Gross Profit (TTM)5.86M
EBITDA-4.99M
Profit Margin-5.40%
Operating Margin0.65%
Return on Equity0.00%
Return on Assets-4.36%
Shares Outstanding4.74M
Shares Float3.27M
Beta0.20
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Ownership Breakdown

Institutions
3.15%
Insiders
31.06%
Retail / Other
65.79%

Top Institutional Holders

  • Vanguard Capital Management, LLC
    629.92K1.11%
  • Geode Capital Management, LLC
    453.26K0.80%
  • Vanguard Fiduciary Trust Co
    195.10K0.34%
  • UBS Group AG
    168.95K0.30%
  • BlackRock Inc
    109.15K0.19%
  • Northern Trust Corp
    108.53K0.19%
  • XTX Topco Ltd
    103.78K0.18%
  • Renaissance Technologies Corp
    57.48K0.10%
  • TWO SIGMA SECURITIES, LLC
    33.52K0.06%
  • Schonfeld Strategic Advisors LLC
    29.49K0.05%
  • Engineers Gate Manager LP
    21.58K0.04%
  • State Street Corp
    12.50K0.02%
  • FMR Inc
    8780.00%
  • BNP Paribas Arbitrage, SA
    4290.00%
  • SBI Securities Co Ltd
    2150.00%
  • JPMorgan Chase & Co
    750.00%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    24.18K0.51%
  • Fidelity Extended Market Index
    195.00K0.34%
  • Fidelity Total Market Index
    49.83K0.09%
  • Fidelity Series Total Market Index
    45.84K0.08%

Stock Splits

  • Aug 13, 20261:12