SolarMax Technology (SMXT) Asset Utilization Ratio (2024 - 2026)

SolarMax Technology's (SMXT) quarterly Asset Utilization Ratio came in at 1.0 in Q1 2026, up 60.11% year-on-year from 0.63 in Q1 2025, and down 17.47% on a QoQ basis 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.

  • On a quarterly basis, Asset Utilization Ratio rose 60.11% year-over-year to 1.0 in Q1 2026; TTM through Mar 2026 was 1.0, a 60.11% increase from a year earlier, with the FY2025 full-year figure at 1.4, up 165.92% from the prior year.
  • Asset Utilization Ratio for Q1 2026 stood at 1.0, down from 1.21 in the prior quarter.
  • Over the last five years, Asset Utilization Ratio for SMXT reached as high as 1.21 in Q4 2025 and fell as low as 0.56 in Q4 2024.
  • Historically, Asset Utilization Ratio has averaged 0.82 across 3 years, with a median of 0.69 in 2024.
  • On a YoY basis, Asset Utilization Ratio climbed as much as 115.59% in 2025 and fell as far as 31.28% in 2025.
  • Year by year, Asset Utilization Ratio stood at 0.56 in 2024, then soared by 115.59% to 1.21 in 2025, then decreased by 17.47% to 1.0 in 2026.
  • Per Business Quant data, the three most recent Asset Utilization Ratio figures were 1.0 in Q1 2026, 1.21 in Q4 2025, and 1.05 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn 0.41
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn 0.90
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn 0.45
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn 0.51
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn 0.52
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn 0.14
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn 0.55
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn 0.74
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn 0.82
10 SolarMax Technology 18.57 Mn 13.99 Mn 3.05 Mn 1.00

Historic Data

Download Data
DateValue
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