SolarMax Technology (SMXT) Non-Current Receivables (2022 - 2026)
SolarMax Technology (SMXT) reported Non-Current Receivables of $2.0 million for Q1 2026, down 27.37% year-over-year from $2.8 million in Q1 2025, and down 9.89% on a QoQ basis from $2.3 million in Q4 2025.
SolarMax Technology (SMXT) has 5 years of Non-Current Receivables data on file, last reported at $2.0 million in Q1 2026.
- Quarterly Non-Current Receivables fell 27.37% year-over-year to $2.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.0 million (down 27.37% YoY) and the FY2025 annual result came in at $2.3 million, down 26.65% from the prior year.
- Non-Current Receivables retreated to $2.0 million in Q1 2026 per SMXT's latest filing, from $2.3 million in the prior quarter.
- Across five years, Non-Current Receivables topped out at $6.8 million in Q4 2022 and bottomed at $2.0 million in Q1 2026.
- The 5-year median for Non-Current Receivables is $3.1 million (2024), against an average of $3.5 million.
- Peak annual rise in Non-Current Receivables reached 26.65% in 2025, while the deepest fall reached 37.01% in 2025.
- Tracing SMXT's Non-Current Receivables over 5 years: stood at $6.8 million in 2022, then sank by 36.83% to $4.3 million in 2023, then fell by 28.84% to $3.1 million in 2024, then dropped by 26.65% to $2.3 million in 2025, then retreated by 9.89% to $2.0 million in 2026.
- Per Business Quant, the three latest SMXT Non-Current Receivables figures stand at $2.0 million (Q1 2026), $2.3 million (Q4 2025), and $2.5 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 537.58 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | - |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 76.85 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | - |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | - |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | - |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | - |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | - |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | - |
| 10 | SolarMax Technology | 30.01 Mn | 25.71 Mn | 3.05 Mn | 2.03 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.03 Mn |
| Dec 31, 2025 | 2.26 Mn |
| Sep 30, 2025 | 2.54 Mn |
| Jun 30, 2025 | 2.59 Mn |
| Mar 31, 2025 | 2.80 Mn |
| Dec 31, 2024 | 3.08 Mn |
| Sep 30, 2024 | 3.49 Mn |
| Jun 30, 2024 | 3.77 Mn |
| Mar 31, 2024 | 4.44 Mn |
| Dec 31, 2023 | 4.32 Mn |
| Dec 31, 2022 | 6.84 Mn |