$0.92
-0.87%SolarMax 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.
Weak cash conversion. Significant portion of earnings not converting to cashโreview working capital trends and capital intensity.
Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.
Moderate working capital outflow. Typical for growing businesses, but ensure it's supporting revenue growth, not inefficiency.
Deteriorating cash generation: Both declining FCF and weak conversion rate signal fundamental challenges. Investigate margin pressure, rising costs, or working capital issues.
SMXT โข NASDAQ
| Solarmax Technology Inc. Common Stock Cash Flow Statement | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2018 | Dec 2017 |
|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | |||||||
-35M | 434.8K | -6.9M | -3.3M | 952.9K | -14.6M | -11.9M | |
1.5M | 1.6M | 1.4M | 359.9K | 1.5M | 618.8K | 2.1M | |
1.8M | -84.2K | -92.7K | -444.7K | 1.2M | 54.5K | 564.4K | |
18.5M | 0.0 | 0.0 | 0.0 | 22.5K | 0.0 | 0.0 | |
7.9M | -59.2K | 471.2K | -3.2M | 562.6K | 19.1M | 14.3M | |
(158.8K) | (177.4K) | (4.5K) | (371.7K) | (11.4K) | (196.3K) | (80.4K) | |
-4M | 1.9M | 3.2M | 1.3M | -27.4M | -6.3M | -125.6K | |
-9.1M | 3.8M | -2M | -5.4M | -23.2M | -14.9M | -5.5M | |
INVESTING ACTIVITIES | |||||||
(0.0) | -28K | -83.5K | (0.0) | -107.1K | -422.5K | -281.3K | |
(0.0) | (0.0) | (0.0) | (3.5M) | (11.4M) | (70.8K) | (133.8K) | |
-7.7M | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
1.3M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 392K | |
21K | 21.4K | -197.1K | -1.5M | -31.8K | 1M | 183.8K | |
-6.3M | -6.6K | -280.5K | (2M) | (11.2M) | (648.3K) | (428.3K) | |
FINANCING ACTIVITIES | |||||||
19M | 0.0 | 0.0 | 0.0 | 23.7M | 4.8M | 5.1M | |
-4.6M | -4.8M | -7.1M | -5.3M | -1.6M | 1.6M | 5M | |
-995.9K | -196.7K | -356.3K | 266.1K | 1.4M | -932.8K | -1.1M | |
13.3M | -5M | -7.5M | -5.1M | 23.5M | 5.5M | 8.9M | |
CASH FLOW SUMMARY | |||||||
305.9K | -37.9K | 518.7K | -58.5K | 5.5K | 0.0 | 0.0 | |
-1.8M | -1.3M | -9.2M | -8.4M | 11.6M | -9.4M | 3.9M | |
2.9M | 4.2M | 13.4M | 21.8M | 10.3M | 26.9M | 23M | |
1.1M | 2.9M | 4.2M | 13.4M | 21.8M | 17.4M | 26.9M | |
-9.1M | 3.8M | -2.1M | -5.4M | -23.3M | -15.3M | -5.8M |
SMXT - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2025 N/A | January 06, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2025 N/A | November 17, 2025 | November 17, 2025 | 2025 | |
10-Q 10-Q 2025 Q3 Q3 | November 14, 2025 | September 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | November 12, 2025 | November 10, 2025 | 2025 | |
8-K 8-K 2025 N/A | November 05, 2025 | July 31, 2025 | 2025 | |
DEF 14A DEF 14A 2025 N/A | October 14, 2025 | November 10, 2025 | 2025 | |
8-K 8-K 2025 N/A | September 30, 2025 | September 26, 2025 | 2025 | |
8-K 8-K 2025 N/A | September 25, 2025 | September 21, 2025 | 2025 | |
8-K 8-K 2025 N/A | August 15, 2025 | August 14, 2025 | 2025 | |
10-Q 10-Q 2025 Q2 Q2 | August 14, 2025 | June 30, 2025 | 2025 |
Continue your SMXT research with focused valuation guides.
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.