SolarMax Technology (SMXT) Asset Writedowns and Impairment (2023 - 2026)
SolarMax Technology (SMXT) reported Asset Writedowns and Impairment of -$71996.0 for Q1 2026, down 716.25% year-over-year from $11683.0 in Q1 2025, and down 712.16% quarter-over-quarter from $11761.0 in Q4 2025.
SolarMax Technology (SMXT) Asset Writedowns and Impairment (2023 - 2026) Analysis & Trends
SolarMax Technology (SMXT) has 4 years of Asset Writedowns and Impairment data on file, last reported at -$71996.0 in Q1 2026.
- Asset Writedowns and Impairment for Q1 2026 came in at -$71996.0, down 716.25% year-over-year; the trailing twelve-month figure through Mar 2026 was -$131442.0 (down 214.4% YoY), and the FY2025 annual result was -$47763.0, down 129.09% from the prior year.
- Asset Writedowns and Impairment eased to -$71996.0 in Q1 2026 per SMXT's latest filing, from $11761.0 in the prior quarter.
- Over five years, Asset Writedowns and Impairment peaked at $142049.0 in Q1 2023 and troughed at -$86765.0 in Q3 2023.
- A 4-year average of $7783.8 and a median of $11429.0 in 2024 frame the typical range for Asset Writedowns and Impairment.
- The sharpest annual moves came in 2024 and 2026: Asset Writedowns and Impairment surged 1128.26% in 2024, then tumbled 716.25% in 2026.
- A 4-year view of Asset Writedowns and Impairment shows it stood at -$13756.0 in 2023, then surged by 1128.26% to $141448.0 in 2024, then tumbled by 91.69% to $11761.0 in 2025, then tumbled by 712.16% to -$71996.0 in 2026.
- Business Quant data shows SMXT's Asset Writedowns and Impairment at -$71996.0 in Q1 2026, $11761.0 in Q4 2025, and -$21007.0 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn |
| 10 | SolarMax Technology | 21.92 Mn | 17.61 Mn | 3.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -71,996.00 |
| Mar 31, 2026 | -71,996.00 |
| Dec 31, 2025 | 11,761.00 |
| Dec 31, 2025 | 11,761.00 |
| Sep 30, 2025 | -21,007.00 |
| Sep 30, 2025 | -21,007.00 |
| Jun 30, 2025 | -50,200.00 |
| Jun 30, 2025 | -50,200.00 |
| Mar 31, 2025 | 11,683.00 |
| Mar 31, 2025 | 11,683.00 |
| Dec 31, 2024 | 141,448.00 |
| Dec 31, 2024 | 141,448.00 |
| Sep 30, 2024 | -49,665.00 |
| Sep 30, 2024 | -49,665.00 |
| Jun 30, 2024 | 11,429.00 |
| Jun 30, 2024 | 11,429.00 |
| Mar 31, 2024 | 60,986.00 |
| Mar 31, 2024 | 60,986.00 |
| Dec 31, 2023 | -13,756.00 |
| Dec 31, 2023 | -13,756.00 |