SolarMax Technology (SMXT) Other Working Capital Changes (2023 - 2026)
SolarMax Technology (SMXT) posted quarterly Other Working Capital Changes of -$240336.0 for Q1 2026, up 37.07% year-over-year from -$175340.9 in Q1 2025, and up 41.1% quarter-over-quarter from -$408037.0 in Q4 2025.
SolarMax Technology (SMXT) Other Working Capital Changes (2023 - 2026) Analysis & Trends
SolarMax Technology (SMXT) has reported Other Working Capital Changes for 4 consecutive years, with -$240336.0 the latest figure, recorded in Q1 2026.
- In Q1 2026, Other Working Capital Changes rose 37.07% year-over-year to -$240336.0; the TTM figure through Mar 2026 stood at -$1.4 million (up 2.44% YoY), while the FY2025 annual figure was -$1.6 million, down 8.56% from the prior year.
- Other Working Capital Changes grew to -$240336.0 in Q1 2026 per SMXT's latest filing, from -$408037.0 in the prior quarter.
- Across five years, Other Working Capital Changes topped out at $3.4 million in Q2 2023 and bottomed at -$3.7 million in Q4 2023.
- Historically, Other Working Capital Changes has averaged $164738.7 across 4 years, with a median of -$4130.0 in 2024.
- On a YoY basis, Other Working Capital Changes climbed as much as 94.1% in 2024 and fell as far as 147.75% in 2024.
- SolarMax Technology's Other Working Capital Changes stood at -$354355.0 in 2023, then declined by 5.0% to -$372079.0 in 2024, then declined by 9.66% to -$408037.0 in 2025, then surged by 41.1% to -$240336.0 in 2026.
- Business Quant data shows SMXT's Other Working Capital Changes at -$240336.0 in Q1 2026, -$408037.0 in Q4 2025, and -$393497.0 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 | 2.64 Mn |
| Mar 31, 2026 | 2.64 Mn |
| Mar 31, 2026 | 2.64 Mn |
| Jun 30, 2025 | 720,523.00 |
| Jun 30, 2025 | 720,523.00 |
| Jun 30, 2025 | 720,523.00 |
| Mar 31, 2025 | -385,105.00 |
| Mar 31, 2025 | -385,105.00 |
| Mar 31, 2025 | -385,105.00 |
| Dec 31, 2024 | -249,839.00 |
| Dec 31, 2024 | -249,839.00 |
| Dec 31, 2024 | -249,839.00 |
| Sep 30, 2024 | -4,130.00 |
| Sep 30, 2024 | -4,130.00 |
| Sep 30, 2024 | -4,130.00 |
| Jun 30, 2024 | -948,757.00 |
| Jun 30, 2024 | -948,757.00 |
| Jun 30, 2024 | -948,757.00 |
| Mar 31, 2024 | 69,131.00 |
| Mar 31, 2024 | 69,131.00 |