Solarmax Technology Inc. Common Stock Total Assets
Solarmax Technology Inc. Common Stock total assets. Based on the latest financial reports, Solarmax Technology Inc. Common Stock (SMXT) holds total assets worth $106.19 Million USD as of March 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Also see SMXT market cap for the company's overall valuation and market capitalisation.
Total Assets of Solarmax Technology Inc. Common Stock (2017–2025)
Total assets of Solarmax Technology Inc. Common Stock from 2017 to 2025. This chart illustrates how Solarmax Technology Inc. Common Stock's total assets have evolved over time, based on quarterly financial data. See Solarmax Technology Inc. Common Stock (SMXT) share price today for real-time trading data and today's change.
Solarmax Technology Inc. Common Stock - Asset Composition Analysis
Solarmax Technology Inc. Common Stock Total Assets Breakdown (December 2025)
Solarmax Technology Inc. Common Stock total assets breakdown as of December 2025. Solarmax Technology Inc. Common Stock's total assets of $106.19 Million consist of 82.5% current assets and 17.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 8.7% |
| Accounts Receivable | $61.40 Million | 67.3% |
| Inventory | $2.06 Million | 2.3% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2017–2025)
This chart illustrates how Solarmax Technology Inc. Common Stock's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. Explore working capital position of Solarmax Technology Inc. Common Stock to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Solarmax Technology Inc. Common Stock's current assets represent 82.5% of total assets in 2025, an increase from 57.6% in 2017.
- Cash Position: Cash and equivalents constituted 8.7% of total assets in 2025, down from 28.3% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 8.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 67.3% of total assets.
Solarmax Technology Inc. Common Stock Competitors by Total Assets
Key competitors of Solarmax Technology Inc. Common Stock based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Tongwei Co Ltd
SHG:600438
|
China | CN¥179.68 Billion |
|
Waaree Energies Limited
NSE:WAAREEENER
|
India | Rs301.15 Billion |
|
Guangdong Guoli Sci&Tech Co Ltd Class A
SHE:300716
|
China | CN¥686.92 Million |
|
Clearvue Technologies Ltd
AU:CPV
|
Australia | AU$12.51 Million |
|
Mpower Group Ltd
AU:MPR
|
Australia | AU$14.99 Million |
|
Clear Blue Technologies International Inc
V:CBLU
|
Canada | CA$4.74 Million |
|
Solar Alliance Energy Inc
V:SOLR
|
Canada | CA$866.77K |
|
Aurora Solar Technologies Inc
V:ACU
|
Canada | CA$6.24 Million |
Solarmax Technology Inc. Common Stock - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.79 | 0.55 | 0.78 |
| Quick Ratio | 0.76 | 0.49 | 0.71 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-21.02 Million | $-17.47 Million | $-10.84 Million |
Solarmax Technology Inc. Common Stock - Advanced Valuation Insights
This section examines the relationship between Solarmax Technology Inc. Common Stock's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.21 |
| Asset Growth Rate (YoY) | 136.3% |
| Total Assets | $91.29 Million |
| Market Capitalization | $19.51 Million USD |
Valuation Analysis
Below Book Valuation: The market values Solarmax Technology Inc. Common Stock's assets below their book value (0.21x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Solarmax Technology Inc. Common Stock's assets grew by 136.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Solarmax Technology Inc. Common Stock (2017–2025)
The table below shows the annual total assets of Solarmax Technology Inc. Common Stock from 2017 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $91.29 Million | +136.31% |
| 2024-12-31 | $38.63 Million | -20.60% |
| 2023-12-31 | $48.66 Million | -20.86% |
| 2022-12-31 | $61.48 Million | -14.63% |
| 2021-12-31 | $72.02 Million | -25.09% |
| 2020-12-31 | $96.14 Million | -13.41% |
| 2018-12-31 | $111.02 Million | +16.82% |
| 2017-12-31 | $95.03 Million | -- |
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