tiprankstipranks
Trending News
More News >
SolarMax Technology, Inc. (SMXT)
:SMXT
US Market
Advertisement

SolarMax Technology, Inc. (SMXT) AI Stock Analysis

Compare
76 Followers

Top Page

SMXT

SolarMax Technology, Inc.

(NASDAQ:SMXT)

Rating:41Neutral
Price Target:
$1.00
▼(-14.53% Downside)
SolarMax Technology, Inc. receives a low overall stock score due to significant financial instability, marked by negative profitability and high leverage. Technical analysis provides no strong momentum signals, and valuation metrics are unattractive with a negative P/E ratio. These factors collectively indicate high risk and limited appeal for investors.

SolarMax Technology, Inc. (SMXT) vs. SPDR S&P 500 ETF (SPY)

SolarMax Technology, Inc. Business Overview & Revenue Model

Company DescriptionSolarMax Technology, Inc. (SMXT) is a company operating within the renewable energy sector, primarily focused on offering solar energy solutions. The company provides a range of services including the design, installation, and maintenance of solar power systems for residential, commercial, and industrial clients. With a commitment to sustainability and reducing carbon footprints, SolarMax Technology, Inc. aims to make solar energy accessible and cost-effective.
How the Company Makes MoneySolarMax Technology, Inc. generates revenue through several key streams. The primary source is the sale and installation of solar power systems, which includes both residential and commercial projects. The company also offers financing options, allowing customers to purchase systems through loans or leasing agreements, contributing to its income. Additionally, the company may receive revenue from maintenance and repair services provided to existing customers. Strategic partnerships with manufacturers and suppliers of solar panels and related equipment also play a significant role in reducing costs and enhancing margins, thus contributing to the company's profitability. Furthermore, any government incentives or rebates for renewable energy adoption can also impact the company's earnings positively.

SolarMax Technology, Inc. Financial Statement Overview

Summary
SolarMax Technology, Inc. faces significant financial challenges. Despite a 10.06% revenue growth, the company struggles with negative net profit margins (-62.91%) and high financial leverage with a negative debt-to-equity ratio (-2.18). Negative operating and free cash flows further highlight cash management issues.
Income Statement
35
Negative
SolarMax Technology, Inc. shows a mixed performance in its income statement. The company has experienced a recent revenue growth of 10.06% TTM, indicating some positive momentum. However, profitability remains a significant concern with negative net profit margins (-62.91% TTM) and EBIT margins (-51.13% TTM), reflecting ongoing operational challenges. The gross profit margin has improved to 15.86% TTM, but the company is still struggling to convert this into net profitability.
Balance Sheet
30
Negative
The balance sheet of SolarMax Technology, Inc. reveals high financial leverage with a negative debt-to-equity ratio of -2.18 TTM, indicating more debt than equity. The return on equity is positive at 117.35% TTM, but this is due to negative equity, which is a risk factor. The equity ratio is not available due to negative equity, highlighting financial instability.
Cash Flow
25
Negative
The cash flow statement shows significant challenges for SolarMax Technology, Inc. The operating cash flow is negative, and the free cash flow has decreased by 55.32% TTM, indicating cash management issues. The operating cash flow to net income ratio is negative, suggesting inefficiencies in converting income into cash. The free cash flow to net income ratio is 1.0, but this is due to both metrics being negative, which is not a positive indicator.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue26.58M22.99M54.14M44.72M37.74M131.58M
Gross Profit4.21M2.31M11.15M7.48M5.95M16.45M
EBITDA-12.02M-30.19M3.56M-3.63M-1.26M5.22M
Net Income-16.72M-34.96M434.79K-6.87M-3.32M974.05K
Balance Sheet
Total Assets38.24M38.63M48.66M61.48M72.02M96.14M
Cash, Cash Equivalents and Short-Term Investments8.12M7.12M2.54M3.82M9.89M17.01M
Total Debt32.98M34.84M41.88M47.98M48.53M57.47M
Total Liabilities53.35M53.71M64.54M77.69M80.46M101.57M
Stockholders Equity-15.11M-15.08M-15.89M-16.21M-8.45M-5.22M
Cash Flow
Free Cash Flow-1.49M-9.13M3.79M-2.06M-5.35M-23.27M
Operating Cash Flow-1.49M-9.13M3.81M-1.97M-5.35M-23.17M
Investing Cash Flow1.50M-6.32M-6.55K-280.52K2.03M11.22M
Financing Cash Flow646.27K13.31M-5.05M-7.50M-5.07M23.50M

SolarMax Technology, Inc. Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price1.17
Price Trends
50DMA
1.11
Positive
100DMA
1.12
Positive
200DMA
1.28
Negative
Market Momentum
MACD
0.03
Negative
RSI
52.05
Neutral
STOCH
46.32
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SMXT, the sentiment is Neutral. The current price of 1.17 is above the 20-day moving average (MA) of 1.12, above the 50-day MA of 1.11, and below the 200-day MA of 1.28, indicating a neutral trend. The MACD of 0.03 indicates Negative momentum. The RSI at 52.05 is Neutral, neither overbought nor oversold. The STOCH value of 46.32 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SMXT.

SolarMax Technology, Inc. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
55
Neutral
$6.29B4.66-20.95%6.01%10.84%8.15%
47
Neutral
$95.97M-1.27%-33.25%81.55%
47
Neutral
$96.64M-221.18%52.31%-2421.56%
45
Neutral
$27.82M-47.48%22.78%-27.59%
42
Neutral
$90.28M-9.81%86.59%55.95%
41
Neutral
$63.53M
-27.65%16.39%
41
Neutral
$61.84M307.38%-54.68%63.56%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SMXT
SolarMax Technology, Inc.
1.14
-0.35
-23.49%
SOL
Emeren Group
1.88
-0.02
-1.05%
SPRU
Spruce Power Holding
1.53
-1.13
-42.48%
MAXN
Maxeon Solar Technologies
3.96
-4.29
-52.00%
TYGO
Tigo Energy
1.50
0.38
33.93%
ZEO
Zeo Energy
1.34
-0.58
-30.21%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Aug 20, 2025