---
title: "SolarMax Tech (SMXT.US) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/SMXT.US/norm.md"
symbol: "SMXT.US"
name: "SolarMax Tech"
parent: "https://longbridge.com/en/quote/SMXT.US.md"
datetime: "2026-03-14T11:36:44.087Z"
locales:
  - [en](https://longbridge.com/en/quote/SMXT.US/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/SMXT.US/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/SMXT.US/norm.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/quote/SMXT.US/norm.md) | [繁體中文](https://longbridge.com/zh-HK/quote/SMXT.US/norm.md)


# SolarMax Tech (SMXT.US) — Financial Reports

## Income Statement (USD)

| Indicator | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
| --- | --- | --- | --- | --- | --- |
| EPS | -0.0428 | -0.0414 | -0.0300 | -0.0853 | -0.2131 |
| ROE | 67.19% | 49.03% | 33.50% | 120.03% | 559.80% |
| Revenue | 30.60M | 6.88M | 6.93M | 6.44M | 6.33M |
| Net income | -2.26M | -1.90M | -1.30M | -3.90M | -9.62M |
| Operating income | -2.11M | -1.77M | -1.16M | -1.80M | -2.56M |
| Gross margin | 3.12% | 8.78% | 20.48% | 14.50% | 19.86% |
| Net margin | -7.38% | -27.59% | -18.71% | -60.64% | -151.98% |
| Profit quality | -62.05% | -801.39% | - | - | -1258.99% |

## Balance Sheet (USD)

| Indicator | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
| --- | --- | --- | --- | --- | --- |
| A&L | 58.66M | 38.24M | 38.59M | 38.63M | 43.05M |
| Leverage | -4.98 | -2.53 | -2.43 | -2.56 | -3.94 |
| BVPS | -0.2169 | -0.3109 | -0.3464 | -0.3331 | -0.2415 |
| Turnover | 0.9999 | 0.5950 | 0.5178 | 0.5267 | 0.5625 |
| Cash & STI | 11.43M | 8.12M | 6.84M | 7.12M | 8.58M |
| Inv & Rec | 1.61M | 1.80M | 2.53M | 1.97M | 2.38M |
| LT assets | 2.18M | 2.59M | 2.98M | 3.38M | 3.77M |
| Net debt | 16.86M | 24.86M | 27.60M | 27.72M | 26.79M |

## Cash Flow Statement (USD)

| Indicator | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | 3.40M | 220702.00 | -601134.00 | -1.31M | 203618.00 |
| Investing CF | 500609.00 | 44092.00 | 93417.00 | 1.38M | -18156.00 |
| Financing CF | -71260.00 | 1.18M | 376549.00 | -546199.00 | -360584.00 |
| Free CF | 3.97M | 1.40M | 84062.00 | -89645.00 | 980762.00 |
| OCF coverage | 146.87% | 107.96% | -1105.35% | -656.50% | 69.85% |
| Repaid & issued | - | - | - | 0.0000 | 0.0000 |
| CapEx | - | - | - | - | - |