SolarMax Technology (SMXT) Asset Writedowns and Impairment (2023 - 2026)
SolarMax Technology (SMXT) posted quarterly 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 reported Asset Writedowns and Impairment for 4 consecutive years, with -$71996.0 the latest figure, recorded in Q1 2026.
- In Q1 2026, Asset Writedowns and Impairment fell 716.25% year-over-year to -$71996.0; the TTM figure through Mar 2026 stood at -$131442.0 (down 101.76% YoY), while the FY2025 annual figure was -$47763.0, down 100.64% from the prior year.
- Asset Writedowns and Impairment retreated to -$71996.0 in Q1 2026 per SMXT's latest filing, from $11761.0 in the prior quarter.
- Across five years, Asset Writedowns and Impairment topped out at $7.5 million in Q4 2024 and bottomed at -$86765.0 in Q3 2023.
- Historically, Asset Writedowns and Impairment has averaged $572076.3 across 4 years, with a median of $11429.0 in 2024.
- Annual changes were most pronounced in 2024 — Asset Writedowns and Impairment surged 54456.28% — and 2026, when it tumbled 716.25%.
- SolarMax Technology's Asset Writedowns and Impairment stood at -$13756.0 in 2023, then soared by 54456.28% to $7.5 million in 2024, then sank by 99.84% to $11761.0 in 2025, then plunged 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn |
| 10 | SolarMax Technology | 16.01 Mn | 11.42 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 | 7.48 Mn |
| Dec 31, 2024 | 7.48 Mn |
| 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 |