← Back to Screener
US Stock Screener
HomeScreensNewsWatchlist
...

Solarmax Technology Inc. Common Stock (SMXT) 10-Year Financial Performance & Capital Metrics

SMXT • • Industrial / General
EnergySolarSolar Project Development & InstallationIntegrated Solar Solutions
AboutSolarMax Technology, Inc., through its subsidiaries, operates as an integrated solar energy company in the United States and China. The company engages in the sale and installation of photovoltaic and battery backup systems; financing the sale 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, commercial, and government customers. The Company was incorporated in 2008 and is based in Riverside, California.Show more
  • Revenue $23M -57.5%
  • EBITDA -$32M -1605.0%
  • Net Income -$35M -8141.3%
  • EPS (Diluted) -0.77 -7957.1%
  • Gross Margin 10.07% -51.1%
  • EBITDA Margin -137.28% -3644.6%
  • Operating Margin -144.01% -16214.0%
  • Net Margin -152.1% -19038.7%
  • ROE -
  • ROIC -117.02% -8388.4%
  • Debt/Equity -
  • Interest Coverage -21.14 -6989.8%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

No significant strengths identified

✗Weaknesses

  • ✗Weak Piotroski F-Score: 2/9
  • ✗Negative free cash flow
  • ✗Weak momentum: RS Rating 12 (bottom 12%)
  • ✗Low quality earnings: Net income not backed by cash flow
  • ✗Sales declining 23.9% over 5 years
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-
5Y-23.86%
3Y-15.23%
TTM76.6%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM69.8%

EPS CAGR

10Y-
5Y-
3Y-
TTM71.39%

ROCE

10Y Avg-115.82%
5Y Avg-155.12%
3Y Avg-253.61%
Latest-724.07%

Peer Comparison

Integrated Solar Solutions
Select Columns
Size & Scale
Valuation
Per Share
Growth
Profitability
Quality & Returns
Safety & Leverage
TTM Growth
Famous Investor Metrics
Dividends
Latest Quarter
Momentum & Returns
Total Return (DRIP)
Technical
Volume & Trading
Shares & Dilution
Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
SPRUSpruce Power Holding Corporation93.02M5.12-1.342.81%-23.2%-19.68%4.87
SMXTSolarmax Technology Inc. Common Stock56.48M1.04-1.35-57.54%-18.4%
BEEMBeam Global31.4M1.65-2.14-26.75%-105.89%-110.47%0.05
SPWRSunPower Inc.189.09M1.69-2.2524.11%-11.14%

Profit & Loss

Dec 2017Dec 2018Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+88.93M89.83M131.58M37.74M44.72M54.14M22.99M
Revenue Growth %-0.01%0.46%-0.71%0.18%0.21%-0.58%
Cost of Goods Sold+78.35M80.58M115.13M31.79M37.24M42.99M20.67M
COGS % of Revenue0.88%0.9%0.87%0.84%0.83%0.79%0.9%
Gross Profit+10.58M9.25M16.45M5.95M7.48M11.15M2.31M
Gross Margin %0.12%0.1%0.13%0.16%0.17%0.21%0.1%
Gross Profit Growth %--0.13%0.78%-0.64%0.26%0.49%-0.79%
Operating Expenses+18.8M20.2M12.71M12.15M15.45M10.67M35.42M
OpEx % of Revenue0.21%0.22%0.1%0.32%0.35%0.2%1.54%
Selling, General & Admin18.8M20.2M12.71M12.15M15.45M10.67M27.96M
SG&A % of Revenue0.21%0.22%0.1%0.32%0.35%0.2%1.22%
Research & Development0000000
R&D % of Revenue-------
Other Operating Expenses0000007.46M
Operating Income+-8.22M-10.95M3.74M-6.2M-7.97M483.85K-33.1M
Operating Margin %-0.09%-0.12%0.03%-0.16%-0.18%0.01%-1.44%
Operating Income Growth %--0.33%1.34%-2.66%-0.29%1.06%-69.42%
EBITDA+-6.13M-10.33M5.22M-5.84M-6.6M2.1M-31.56M
EBITDA Margin %-0.07%-0.12%0.04%-0.15%-0.15%0.04%-1.37%
EBITDA Growth %--0.68%1.51%-2.12%-0.13%1.32%-16.05%
D&A (Non-Cash Add-back)2.08M618.8K1.48M359.86K1.37M1.61M1.55M
EBIT-9.15M-12.76M5.65M-1.62M-5M1.95M-31.73M
Net Interest Income+-1.4M-1.51M-3.09M-1.81M-1.77M-1.51M-1.07M
Interest Income448.31K434.17K121K185.58K61.62K68.85K500.54K
Interest Expense1.85M1.95M3.21M2M1.83M1.58M1.57M
Other Income/Expense-2.18M-3.21M-1.3M2.58M1.14M-113.26K-194.96K
Pretax Income+-11M-14.71M2.44M-3.62M-6.83M370.59K-33.3M
Pretax Margin %-0.12%-0.16%0.02%-0.1%-0.15%0.01%-1.45%
Income Tax+1.07M-5.73K1.49M-300.66K41.43K-64.19K1.66M
Effective Tax Rate %1.08%0.99%0.4%0.92%1.01%1.17%1.05%
Net Income+-11.93M-14.6M974.05K-3.32M-6.87M434.79K-34.96M
Net Margin %-0.13%-0.16%0.01%-0.09%-0.15%0.01%-1.52%
Net Income Growth %--0.22%1.07%-4.41%-1.07%1.06%-81.41%
Net Income (Continuing)-12.07M-14.7M952.89K-3.32M-6.87M434.79K-34.96M
Discontinued Operations0000000
Minority Interest-34.23K-141.28K-218.94K0000
EPS (Diluted)+-0.27-0.320.02-0.07-0.140.01-0.77
EPS Growth %--0.19%1.06%-4.41%-1%1.07%-
EPS (Basic)-0.27-0.320.02-0.07-0.150.01-0.79
Diluted Shares Outstanding44.98M44.98M47.5M47.5M47.5M44.5M45.16M
Basic Shares Outstanding44.98M44.98M47.5M47.5M44.5M44.5M44.34M
Dividend Payout Ratio-------

Balance Sheet

Dec 2017Dec 2018Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+54.69M70.6M59.62M42.48M29.09M19.92M20.95M
Cash & Short-Term Investments26.88M17.44M21.74M13.08M3.82M2.54M7.12M
Cash Only26.88M17.44M21.74M13.08M3.82M2.54M786.33K
Short-Term Investments0000006.34M
Accounts Receivable22.75M48.38M32.05M21.98M18.42M11.63M9.39M
Days Sales Outstanding93.39196.5888.89212.61150.3678.38149.07
Inventory4.5M4.03M2.1M3.36M3.4M1.34M1.3M
Days Inventory Outstanding20.9718.246.6538.5333.3811.3923
Other Current Assets7.05M7.84M3.74M4.06M3.44M3.11M2.47M
Total Non-Current Assets+40.34M40.42M36.52M29.54M32.39M28.73M17.68M
Property, Plant & Equipment2.25M1.72M987.72K650.61K7.33M5.7M3.38M
Fixed Asset Turnover39.55x52.35x133.22x58.01x6.10x9.49x6.80x
Goodwill8.24M7.8M08.43M7.77M7.58M0
Intangible Assets008.21M0000
Long-Term Investments28.06M29.71M27.08M20.28M9.05M9.7M10.02M
Other Non-Current Assets1.7M1.16M233.61K156.62K8.13M5.75M4.28M
Total Assets+95.03M111.02M96.14M72.02M61.48M48.66M38.63M
Asset Turnover0.94x0.81x1.37x0.52x0.73x1.11x0.60x
Asset Growth %-0.17%-0.13%-0.25%-0.15%-0.21%-0.21%
Total Current Liabilities+37.87M62.53M69.32M48.63M46.51M43.4M34.74M
Accounts Payable12.54M30.48M22.39M3.98M2.23M3.38M2.67M
Days Payables Outstanding58.41138.0870.9845.7321.8728.7347.07
Short-Term Debt18.28M19.16M29.16M20.43M18.83M22.04M18.03M
Deferred Revenue (Current)445.38K7501000K1000K1000K384.23K1000K
Other Current Liabilities4.95M10.87M9.94M18.33M2.39M7.97M3.28M
Current Ratio1.44x1.13x0.86x0.87x0.63x0.46x0.60x
Quick Ratio1.33x1.06x0.83x0.80x0.55x0.43x0.57x
Cash Conversion Cycle55.9676.7424.56205.41161.8661.04125
Total Non-Current Liabilities+45.91M46.91M32.25M31.83M31.17M21.14M18.97M
Long-Term Debt44.38M45.16M28.31M28.1M22.15M14.27M13.53M
Capital Lease Obligations00005.47M4.08M1.71M
Deferred Tax Liabilities0000001.62M
Other Non-Current Liabilities834.22K1.17M3.45M3.31M3.55M2.79M2.11M
Total Liabilities83.78M109.44M101.57M80.46M77.69M64.54M53.71M
Total Debt+62.66M64.32M57.47M48.53M47.98M41.88M34.84M
Net Debt35.77M46.89M35.74M35.45M44.16M39.35M34.06M
Debt / Equity5.57x40.59x-----
Debt / EBITDA--11.00x--19.97x-
Net Debt / EBITDA--6.84x--18.76x-
Interest Coverage-4.44x-5.63x1.17x-3.11x-4.36x0.31x-21.14x
Total Equity+11.26M1.58M-5.44M-8.45M-16.21M-15.89M-15.08M
Equity Growth %--0.86%-4.43%-0.55%-0.92%0.02%0.05%
Book Value per Share0.250.04-0.11-0.18-0.34-0.36-0.33
Total Shareholders' Equity11.29M1.73M-5.22M-8.45M-16.21M-15.89M-15.08M
Common Stock66.84K68.73K40.98K40.98K40.98K40.98K46.53K
Retained Earnings-35.74M-50.34M-58.87M-62.19M-69.06M-68.62M-103.59M
Treasury Stock-1.8M-1.8M-1.81M-1.81M-1.81M-1.81M-1.98M
Accumulated OCI-583.27K-1.21M-591.1K-280.53K-1.17M-1.28M-1.45M
Minority Interest-34.23K-141.28K-218.94K0000

Cash Flow

Dec 2017Dec 2018Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-5.48M-14.87M-23.17M-5.35M-1.97M3.81M-9.13M
Operating CF Margin %-0.06%-0.17%-0.18%-0.14%-0.04%0.07%-0.4%
Operating CF Growth %--1.72%-0.56%0.77%0.63%2.93%-3.39%
Net Income-11.93M-14.6M952.89K-3.32M-6.87M434.79K-34.96M
Depreciation & Amortization2.08M618.8K1.48M359.86K1.37M1.61M1.55M
Stock-Based Compensation0022.5K00018.54M
Deferred Taxes564.4K54.48K1.22M-444.7K-92.74K-84.19K1.83M
Other Non-Cash Items14.29M19.1M562.61K-3.2M471.16K-59.18K7.91M
Working Capital Changes-125.61K-6.26M-27.4M1.25M3.15M1.91M-3.99M
Change in Receivables-2.13M-33.45M-21.49M16.01M4.02M8.51M3.04M
Change in Inventory2.98M383.78K615.12K-1.35M-119.38K1.95M-7.1K
Change in Payables-7.04M20.52M-1.65M-18.67M-2.58M1.15M-718.47K
Cash from Investing+428.32K648.34K11.22M2.03M-280.52K-6.55K-6.32M
Capital Expenditures-281.32K-422.46K-107.1K0-83.47K-28K0
CapEx % of Revenue0%0%0%-0%0%-
Acquisitions-------
Investments-------
Other Investing183.81K1M-31.83K-1.49M-197.06K21.45K20.97K
Cash from Financing+8.92M5.46M23.5M-5.07M-7.5M-5.05M13.31M
Debt Issued (Net)-------
Equity Issued (Net)-------
Dividends Paid0000000
Share Repurchases-------
Other Financing-1.13M-932.83K1.44M266.06K-356.33K-196.68K-995.87K
Net Change in Cash-------
Free Cash Flow+-5.76M-15.29M-23.27M-5.35M-2.06M3.79M-9.13M
FCF Margin %-0.06%-0.17%-0.18%-0.14%-0.05%0.07%-0.4%
FCF Growth %--1.66%-0.52%0.77%0.62%2.84%-3.41%
FCF per Share-0.13-0.34-0.49-0.11-0.040.09-0.20
FCF Conversion (FCF/Net Income)0.46x1.02x-23.78x1.61x0.29x8.77x0.26x
Interest Paid1.75M2.06M3.44M01.63M1.09M1.36M
Taxes Paid80.38K196.28K11.41K371.7K4.52K177.38K158.79K

Key Ratios

Metric2017201820202021202220232024
Return on Equity (ROE)-106.03%-227.38%-----
Return on Invested Capital (ROIC)-13.1%-17.2%7.12%-16.23%-21.75%1.41%-117.02%
Gross Margin11.9%10.3%12.5%15.76%16.73%20.59%10.07%
Net Margin-13.42%-16.25%0.74%-8.8%-15.37%0.8%-152.1%
Debt / Equity5.57x40.59x-----
Interest Coverage-4.44x-5.63x1.17x-3.11x-4.36x0.31x-21.14x
FCF Conversion0.46x1.02x-23.78x1.61x0.29x8.77x0.26x
Revenue Growth-1.01%46.48%-71.32%18.49%21.07%-57.54%

Revenue by Geography

2023
US562.05K
US Growth-

Frequently Asked Questions

Growth & Financials

Solarmax Technology Inc. Common Stock (SMXT) reported $50.9M in revenue for fiscal year 2024. This represents a 43% decrease from $88.9M in 2017.

Solarmax Technology Inc. Common Stock (SMXT) saw revenue decline by 57.5% over the past year.

Solarmax Technology Inc. Common Stock (SMXT) reported a net loss of $9.4M for fiscal year 2024.

Dividend & Returns

Solarmax Technology Inc. Common Stock (SMXT) generated $1.7M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

VCP Scanner

Find stocks. Verify deeply. Act with conviction.

Patterns find ideas. Fundamentals build conviction.

Data updated daily

Quick Links

  • Home
  • Screens
  • Valuation
  • Compare
  • Total Return
  • News
  • Insights
  • Methodology
  • How It Works
  • Profile

Popular Screens

  • VCP Hot
  • VCP Warm
  • Value Screens
  • Growth Screens
  • Momentum Screens
  • Technical Screens
  • Quality Screens

Community

  • Twitter
  • Get Early Access
© 2026 VCP Scanner. All rights reserved.
Made with ❤️ for investors
Not financial advice. Do your own research.