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 -0.288x as of September 2025. 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 ($3.40 Million) by net assets ($-11.78 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Solarmax Technology Inc. Common Stock - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how Solarmax Technology Inc. Common Stock's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read SMXT liabilities breakdown for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
Atlas Engineered Products Ltd
V:AEP
|
0.050x |
|
Singbao International Co Ltd
TWO:6130
|
-0.015x |
|
Posco C&C Stl
KO:058430
|
0.033x |
|
Willowglen MSC Bhd
KLSE:0008
|
0.021x |
|
City Of London Investment Trust
LSE:CTY
|
0.005x |
|
Taihan Precision Technology Co Ltd
TWO:1336
|
0.055x |
|
Energía Innovación y Desarrollo Fotovoltaico S.A.
MC:EIDF
|
-21.569x |
|
Dr Peng Telecom and Media Group Co Ltd
SHG:600804
|
-0.566x |
Annual Cash Flow Conversion Efficiency for Solarmax Technology Inc. Common Stock (2017–2024)
The table below shows the annual cash flow conversion efficiency of Solarmax Technology Inc. Common Stock from 2017 to 2024. 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 |
|---|---|---|---|---|
| 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