SolarMax Technology (SMXT) Asset Utilization Ratio (2024 - 2026)
SolarMax Technology (SMXT) reported Asset Utilization Ratio of 1.0 for Q1 2026, up 60.11% year-over-year from 0.63 in Q1 2025, and down 17.47% quarter-over-quarter from 1.21 in Q4 2025.
SolarMax Technology (SMXT) Asset Utilization Ratio (2024 - 2026) Analysis & Trends
SolarMax Technology (SMXT) has 3 years of Asset Utilization Ratio data on file, last reported at 1.0 in Q1 2026.
- Asset Utilization Ratio for Q1 2026 came in at 1.0, up 60.11% year-over-year; the trailing twelve-month figure through Mar 2026 was 1.0 (up 60.11% YoY), and the FY2025 annual result was 1.4, up 165.92% from the prior year.
- Asset Utilization Ratio retreated to 1.0 in Q1 2026 per SMXT's latest filing, from 1.21 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 1.21 in Q4 2025 and troughed at 0.56 in Q4 2024.
- A 3-year average of 0.82 and a median of 0.69 in 2024 frame the typical range for Asset Utilization Ratio.
- On a YoY basis, Asset Utilization Ratio climbed as much as 115.59% in 2025 and fell as far as 31.28% in 2025.
- A 3-year view of Asset Utilization Ratio shows it stood at 0.56 in 2024, then soared by 115.59% to 1.21 in 2025, then declined by 17.47% to 1.0 in 2026.
- Business Quant data shows SMXT's Asset Utilization Ratio at 1.0 in Q1 2026, 1.21 in Q4 2025, and 1.05 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 0.41 |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 0.90 |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 0.45 |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 0.52 |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 0.14 |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 0.55 |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 0.82 |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | 0.51 |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | 1.44 |
| 10 | SolarMax Technology | 21.92 Mn | 17.61 Mn | 3.05 Mn | 1.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.00 |
| Dec 31, 2025 | 1.21 |
| Sep 30, 2025 | 1.05 |
| Jun 30, 2025 | 0.69 |
| Mar 31, 2025 | 0.63 |
| Dec 31, 2024 | 0.56 |
| Sep 30, 2024 | 0.61 |
| Jun 30, 2024 | 0.69 |
| Mar 31, 2024 | 0.91 |