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% on a QoQ basis from 1.21 in Q4 2025.
SolarMax Technology (SMXT) has 3 years of Asset Utilization Ratio data on file, last reported at 1.0 in Q1 2026.
- Quarterly Asset Utilization Ratio rose 60.11% year-over-year to 1.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 1.0 (up 60.11% YoY) and the FY2025 annual result came in at 1.4, up 165.92% from the prior year.
- Asset Utilization Ratio slipped to 1.0 in Q1 2026 per SMXT's latest filing, from 1.21 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 1.21 in Q4 2025 and bottomed at 0.56 in Q4 2024.
- The 3-year median for Asset Utilization Ratio is 0.69 (2024), against an average of 0.82.
- Peak annual rise in Asset Utilization Ratio reached 115.59% in 2025, while the deepest fall reached 31.28% in 2025.
- Tracing SMXT's Asset Utilization Ratio over 3 years: stood at 0.56 in 2024, then jumped by 115.59% to 1.21 in 2025, then slipped by 17.47% to 1.0 in 2026.
- Per Business Quant, the three latest SMXT Asset Utilization Ratio figures stand at 1.0 (Q1 2026), 1.21 (Q4 2025), and 1.05 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 0.41 |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 0.90 |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 0.74 |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 0.45 |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 0.52 |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 0.14 |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 0.55 |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 0.82 |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | 0.51 |
| 10 | SolarMax Technology | 30.01 Mn | 25.71 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 |