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Solarmax Technology Inc. Common Stock (SMXT)

USD0.37 +0.04 (+12.56%)
US NASDAQ Energy Solar
Address 3080 12th Street 92507
Riverside, NV, US
CEO David Bingwen Hsu
IPO 2024-02-27
CIK 1519472 ISIN US83419H1032

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Description

SolarMax Technology, Inc. (SMXT) operates as a comprehensive solar energy solutions provider, extending its reach across the United States and China via its subsidiaries. The company offers a diverse portfolio of services, including the sale, installation, and financing of solar photovoltaic (PV) and battery backup systems. SMXT also deals in LED systems and plays a role in the acquisition and resale of solar farm projects to third parties. Furthermore, it provides critical engineering, procurement, and construction (EPC) services for these solar farm developments. Its clientele is broad, serving residential, commercial, and government sectors. SolarMax Technology, Inc. was founded in 2008 and is headquartered in Riverside, California.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
USD0.37 +0.04 (+12.56%)
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Volume Profile
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Liquidity & share structure
Average Volume
975.2K
Beta
0.06
Float Shares
41.89M
Free Float %
73.6%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-3.62% -7.55% -7.84% -28.06% -44.55% -34.09% -52.54% -86.48% -86.48% -86.48% -86.48%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
0.37
Quality scores
Altman Z-Score
-1.65
Distress
Piotroski F-Score
3 / 9
Average
MOAT Score
1 / 10
No MOAT
Composite Rating
D+
Overall Score
1 / 5
Low
DCF Score
1 / 5
Low
ROE Score
2 / 5
Medium
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Solar: +18.1%
    +295.8% Q1'26: +114.1% (vs Q1'25)
  • EPS growth Solar: +43.7%
    +83.1% Q1'26: +81.2% (vs Q1'25)
  • FCF margin FCF growth · Solar: +87.8%
    -2.1% Q1'26: -28,234.3% (vs Q1'25)
  • EBIT margin Solar: +4.0%
    -8.1% Q1'26: -1.0% (vs Q1'25)
  • ROIC Solar: +1.3%
    Q1'26: 0.0% (vs Q1'25)
  • Share dilution Solar: 0.0%
    +10.7% Q1'26: +26.5% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Solar: 0.12×
    -2,904.68× Q1'26: 56,532.79× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.14) × ERP
WACC = 0% × Ke + 100% × Kd (4.3%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 0.37
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-15 D+ 1/5 1/5 2/5 1/5 1/5 1/5 1/5
2026-05-14 D+ 1/5 1/5 2/5 1/5 1/5 1/5 1/5
2026-05-13 D+ 1/5 1/5 2/5 1/5 1/5 1/5 1/5
2026-05-12 D+ 1/5 1/5 2/5 1/5 1/5 1/5 1/5
2026-05-11 D+ 1/5 1/5 2/5 1/5 1/5 1/5 1/5
2026-05-08 D+ 1/5 1/5 2/5 1/5 1/5 1/5 1/5
2026-05-07 D+ 1/5 1/5 2/5 1/5 1/5 1/5 1/5
2026-05-06 D+ 1/5 1/5 2/5 1/5 1/5 1/5 1/5
2026-05-05 D+ 1/5 1/5 2/5 1/5 1/5 1/5 1/5
2026-05-04 D+ 1/5 1/5 2/5 1/5 1/5 1/5 1/5
2026-05-01 D+ 1/5 1/5 2/5 1/5 1/5 1/5 1/5
2026-04-30 D+ 1/5 1/5 2/5 1/5 1/5 1/5 1/5
2026-04-29 D+ 1/5 1/5 2/5 1/5 1/5 1/5 1/5
2026-04-28 D+ 1/5 1/5 2/5 1/5 1/5 1/5 1/5
2026-04-27 D+ 1/5 1/5 2/5 1/5 1/5 1/5 1/5
2026-04-24 D+ 1/5 1/5 2/5 1/5 1/5 1/5 1/5
2026-04-23 D+ 1/5 1/5 2/5 1/5 1/5 1/5 1/5
2026-04-22 D+ 1/5 1/5 2/5 1/5 1/5 1/5 1/5
2026-04-21 D+ 1/5 1/5 2/5 1/5 1/5 1/5 1/5
2026-04-20 D+ 1/5 1/5 2/5 1/5 1/5 1/5 1/5
2026-04-17 D+ 1/5 1/5 2/5 1/5 1/5 1/5 1/5
2026-04-16 D+ 1/5 1/5 2/5 1/5 1/5 1/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-4.18B
OE per share TTM
-74.43
Owner's Yield
-13,760.59%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
4.6%

Ownership Overview

Ownership breakdown
At a glance
Institutional holders
20
Total invested
1.42M
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend From To
13F snapshot — 2026 Q1
Investors holding
20
+2 vs prev Q
New positions
7
Closed positions
5
Increased
15
Reduced
1
Put/Call ratio
0.00
Calls held
Puts held
Top institutional holders
# Investor Shares / Δ Mkt value / Δ Own% / Δ Weight% / Δ Avg px / Perf. Hold / Status
1 VANGUARD GROUP INC 762.1K +— (+0.0%) 625.7K -174.5K (-21.8%) 1.66% +0.000 pp 0.00% +0.000 pp USD1.25 -34.4% 7 qtrs
2 GEODE CAPITAL MANAGEMENT, LLC 329.9K +41.4K (+14.3%) 270.8K -32.2K (-10.6%) 0.72% +0.090 pp 0.00% +0.000 pp USD1.30 -36.9% 8 qtrs
3 NORTHERN TRUST CORP 108.5K +14.4K (+15.2%) 89.1K -9.8K (-9.9%) 0.24% +0.031 pp 0.00% +0.000 pp USD1.02 -19.6% 6 qtrs
4 BLACKROCK, INC. 96.7K +19.2K (+24.7%) 79.4K -2.0K (-2.5%) 0.21% +0.042 pp 0.00% +0.000 pp USD1.34 -38.8% 6 qtrs
5 TWO SIGMA INVESTMENTS, LP 62.4K -162.1K (-72.2%) 51.2K -184.5K (-78.3%) 0.14% -0.354 pp 0.00% 0.000 pp USD1.05 -21.9% 2 qtrs
6 RENAISSANCE TECHNOLOGIES LLC 39.5K -817.0 (-2.0%) 32.4K -9.9K (-23.4%) 0.09% -0.002 pp 0.00% +0.000 pp USD1.05 -21.9% 2 qtrs
7 TWO SIGMA SECURITIES, LLC 18.8K -788.0 (-4.0%) 15.5K -5.1K (-25.0%) 0.04% -0.002 pp 0.00% -0.001 pp USD1.08 -24.1% 3 qtrs
8 ENGINEERS GATE MANAGER LP 13.4K +— (+0.0%) 11.0K -3.1K (-21.8%) 0.03% +0.000 pp 0.00% +0.000 pp USD1.62 -49.4% 5 qtrs
9 STATE STREET CORP 12.5K +— (+0.0%) 10.3K -2.9K (-21.8%) 0.03% +0.000 pp 0.00% +0.000 pp USD1.71 -52.0% 7 qtrs
10 UBS GROUP AG 11.7K -108.5K (-90.3%) 9.6K -116.6K (-92.4%) 0.03% -0.237 pp 0.00% +0.000 pp USD1.05 -21.9% 7 qtrs
11 POINT72 ASSET MANAGEMENT, L.P. 11.2K +11.2K (+100.0%) 9.2K +9.2K (+100.0%) 0.02% +0.024 pp 0.00% +0.000 pp USD0.82 +0.0% 1 qtrs NEW
12 TOWER RESEARCH CAPITAL LLC (TRC) 4.0K -3.7K (-48.1%) 3.3K -4.8K (-59.4%) 0.01% -0.008 pp 0.00% 0.000 pp USD1.27 -35.4% 7 qtrs
13 FMR LLC 878.00 -43.0 (-4.7%) 721.00 -246.0 (-25.4%) 0.00% 0.000 pp 0.00% +0.000 pp USD1.29 -36.4% 6 qtrs
14 BNP PARIBAS ARBITRAGE, SNC 426.00 -343.0 (-44.6%) 350.00 -457.0 (-56.6%) 0.00% -0.001 pp 0.00% +0.000 pp USD0.94 -12.8% 7 qtrs
15 SBI SECURITIES CO., LTD. 101.00 +89.0 (+741.7%) 83.00 +70.0 (+538.5%) 0.00% +0.000 pp 0.00% +0.000 pp USD0.88 -6.8% 5 qtrs
16 JPMORGAN CHASE & CO 75.00 +75.0 (+100.0%) 62.00 +62.0 (+100.0%) 0.00% +0.000 pp 0.00% +0.000 pp USD0.81 +1.2% 1 qtrs NEW
17 BANK OF AMERICA CORP /DE/ 34.00 +25.0 (+277.8%) 28.00 +19.0 (+211.1%) 0.00% +0.000 pp 0.00% +0.000 pp USD1.26 -34.9% 8 qtrs
18 BARCLAYS PLC 1.00 -7.3K (-100.0%) 1.00 -4.6K (-100.0%) 0.00% -0.016 pp 0.00% +0.000 pp USD1.00 -18.0% 7 qtrs
19 MORGAN STANLEY -11.0 (-100.0%) -12.0 (-100.0%) 0.00% +0.000 pp 0.00% +0.000 pp USD 8 qtrs SOLD
20 MILLENNIUM MANAGEMENT LLC -15.5K (-100.0%) -16.3K (-100.0%) 0.00% -0.034 pp 0.00% +0.000 pp USD 8 qtrs SOLD
21 SUSQUEHANNA INTERNATIONAL GROUP, LLP -30.0K (-100.0%) -31.5K (-100.0%) 0.00% -0.066 pp 0.00% +0.000 pp USD 7 qtrs SOLD
22 NISA INVESTMENT ADVISORS, LLC -162.0 (-100.0%) -170.0 (-100.0%) 0.00% 0.000 pp 0.00% +0.000 pp USD 5 qtrs SOLD
23 ROYAL BANK OF CANADA -1.5K (-100.0%) -1.0K (-100.0%) 0.00% -0.003 pp 0.00% +0.000 pp USD 7 qtrs SOLD
24 TWO SIGMA ADVISERS, LP -18.8K (-100.0%) -19.8K (-100.0%) 0.00% -0.041 pp 0.00% +0.000 pp USD 2 qtrs SOLD
25 GOLDMAN SACHS GROUP INC -11.8K (-100.0%) -12.4K (-100.0%) 0.00% -0.026 pp 0.00% +0.000 pp USD 7 qtrs SOLD
26 EVERSOURCE WEALTH ADVISORS, LLC -13.0 (-100.0%) -14.0 (-100.0%) 0.00% +0.000 pp 0.00% +0.000 pp USD 5 qtrs SOLD
27 CITIGROUP INC -10.8K (-100.0%) -11.4K (-100.0%) 0.00% -0.024 pp 0.00% +0.000 pp USD 8 qtrs SOLD
28 TRUE WEALTH DESIGN, LLC -1.0 (-100.0%) -2.0 (-100.0%) 0.00% +0.000 pp 0.00% +0.000 pp USD 4 qtrs SOLD
Ownership breakdown by holder

ETF Ownership

Top ETFs holding this stock Held by 11 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Vanguard Extended Market ETF VXF 0.00% 194.6K 0.05%
2 Vanguard U.S. Total Market Shares Index ETF VTS.AX 0.00% 313.84 0.03%
3 Vanguard U.S. Total Market Index ETF VUN.TO 0.00% 861.71 0.17%
4 Vanguard U.S. Total Market Index ETF (CAD-hedged) VUS.TO 0.00% 63.65 0.17%
5 Vanguard Total Stock Market ETF VTI 0.00% 147.4K 0.03%
6 Vanguard All-Equity ETF Portfolio VEQT.TO 0.00% 323.00 0.22%
7 Vanguard Growth ETF Portfolio VGRO.TO 0.00% 175.86 0.22%
8 Vanguard Balanced ETF Portfolio VBAL.TO 0.00% 71.19 0.22%
9 Vanguard Conservative ETF Portfolio VCNS.TO 0.00% 7.83 0.22%
10 Vanguard Conservative Income ETF Portfolio VCIP.TO 0.00% 1.09 0.22%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions From To
Date Person Role Transaction A/D Security Shares Price Value Owned after D/I Filing
2024-08-12 Yuan Simon Director Stock Option (right to buy) 1,269,717 5.01 6.36M 0 D
2024-08-12 Hsu Bingwen David Director / Officer / 10% Owner Stock Option (right to buy) 1,428,432 5.01 7.16M 0 D
2024-02-27 ZHANG LEI Director 0 0.00 0
2024-02-27 Yuan Simon Director Common Stock, par value $0.001 per share 0 0.00 2,197,088 D
2024-02-27 Hsu Bingwen David Director / Officer / 10% Owner Common Stock, par value $0.001 per share 0 0.00 4,032,298 D
2024-02-27 Chen Wei Yuan Director Common Stock, par value $0.001 per share 0 0.00 1,757,670 D
2024-02-12 Brown Stephen P Officer D Stock Option 199,736 5.01 1.00M 0

Executive team

Top executives
EBIT / Employee
-96.7K
Shares Outstanding
56.91M

Executive compensation

Executive compensation (annual)
# Year Executive Salary Bonus Stock award Option award Incentive Other Total % Stock-
based
Filing
1 2024 David Hsu, Chief executive officer 737.9K 737.9K 0.00%
2 2024 Stephen Brown, Chief financial officer 350.0K 105.0K 13.5K 468.5K 0.00%
3 2023 David Hsu, Chief executive officer 716.4K 55.1K 771.5K 0.00%
4 2023 Stephen Brown, Chief financial officer 350.0K 26.9K 376.9K 0.00%
CEO compensation breakdown

Proxy statements

Proxy statements (DEF 14A)
Filing date Form type Filing
2025-10-14 DEF 14A

Recent SEC filings

Recent SEC filings
Filing date Form type Filing
2026-05-15 10-Q
2026-04-27 8-K
2026-04-14 10-K/A
2026-04-07 8-K
2026-04-06 10-K
2026-03-31 NT 10-K
2026-03-10 8-K
2026-02-03 8-K
2026-01-06 8-K
2025-11-17 8-K

Executive team

NameTitleCompensationGender
David Bingwen Hsu Chairman & Chief Executive Officer 760.1K male
Stephen Brown Chief Financial Officer & Secretary 468.5K male
Bin Lu Head of China Segment male
Dee R. Balch SVP & Chief Accounting Officer female
ESG Rating
B
SOLAR
Rank: 17 out of 25
2026
E (Environmental)
71.4 / 67.8
Company / Sector avg.
S (Social)
63.8 / 75.3
Company / Sector avg.
G (Governance)
66.2 / 63.0
Company / Sector avg.
ESG Total
67.1 / 68.7
Company / Sector avg.
ESG Score History SOLAR
Benchmark vs Sector
Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend history

Earnings history

Earnings reports

Stock splits