Solarmax Technology Inc. Common Stock (SMXT) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Solarmax Technology Inc. Common Stock (SMXT) has a cash flow conversion efficiency ratio of 367.037x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-4.19 Billion) by net assets ($-11.41 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Solarmax Technology Inc. Common Stock balance sheet independence to measure how much of total assets are equity-financed.
Solarmax Technology Inc. Common Stock - Cash Flow Conversion Efficiency Trend (2017–2025)
This chart illustrates how Solarmax Technology Inc. Common Stock's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Solarmax Technology Inc. Common Stock (SMXT) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
Solarmax Technology Inc. Common Stock Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Solarmax Technology Inc. Common Stock ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Kingston Resources Ltd
AU:KSN
|
0.081x |
|
GridAI Technologies Corp.
NASDAQ:GRDX
|
-0.065x |
|
Eugene ACPC SPAC 2
KQ:215090
|
-0.060x |
|
Puncak Niaga Holdings Bhd
KLSE:6807
|
0.051x |
|
Comfort Gloves Bhd
KLSE:2127
|
0.003x |
|
MiniLuxe Holding Corp
V:MNLX
|
0.103x |
|
Asuransi Ramayana Tbk
JK:ASRM
|
-0.017x |
|
Polygiene AB
ST:POLYG
|
0.000x |
Annual Cash Flow Conversion Efficiency for Solarmax Technology Inc. Common Stock (2017–2025)
The table below shows the annual cash flow conversion efficiency of Solarmax Technology Inc. Common Stock from 2017 to 2025. For the full company profile with market capitalisation and key ratios, see Solarmax Technology Inc. Common Stock (SMXT) market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $-12.21 Million | $498.05K | -0.041x | -106.74% |
| 2024-12-31 | $-15.08 Million | $-9.13 Million | 0.605x | +352.17% |
| 2023-12-31 | $-15.89 Million | $3.81 Million | -0.240x | -297.39% |
| 2022-12-31 | $-16.21 Million | $-1.97 Million | 0.122x | -80.80% |
| 2021-12-31 | $-8.45 Million | $-5.35 Million | 0.633x | -85.13% |
| 2020-12-31 | $-5.44 Million | $-23.17 Million | 4.260x | +145.40% |
| 2018-12-31 | $1.58 Million | $-14.87 Million | -9.384x | -1828.35% |
| 2017-12-31 | $11.26 Million | $-5.48 Million | -0.487x | -- |
About Solarmax Technology Inc. Common Stock
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 servi… Read more