SolarMax Technology (SMXT)
Sells and installs solar, battery-backup, LED, and large-scale EPC systems.
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Sells and installs photovoltaic and battery-backup systems for residential and commercial customers, alongside LED systems and services. The company has expanded into large-scale EPC work, while inactive China subsidiaries no longer generate reported revenue.
Sells and installs photovoltaic and battery-backup systems for residential and commercial customers. Its offerings also include LED systems and services for government and commercial users, while SMX Capital owns and maintains systems under existing leases.
Large-scale engineering, procurement and construction work extends the company’s energy-services offering. Operations are now concentrated in the United States; its China subsidiaries are inactive and have generated no China-segment revenue since after 2021.
Co-founder David Hsu has served as CEO and director since the company’s formation. The annual report says the business is largely dependent on his continued efforts, and the company remains subject to Nasdaq’s minimum-bid-price compliance process.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Mar 31, 2026Cash & short-term investments $4.3M · Total debt $36.3M · Total assets $106.2M · Shareholders' equity −$11.4M
- Revenue
- $14.8M
- Operating income
- −$155.7K
- Net income
- −$306.7K
No dividends on record.
| Institutions | 3.15% | 149.5K shares | |
|---|---|---|---|
| 19 holders · as of Jun 30, 2026 | |||
| Insiders | 14.04% | 665.6K shares | |
| 3 holders · as of Jun 12, 2025 | |||
| Other | 82.81% | 3.93M shares | |
| remainder | |||
4.74M company shares as of Sep 20, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Bingwen David HsuInsiderdirector, 10 percent owner, officer: Chief Executive Officer | 7.09% | 336,025 | filed Feb 14, 2025 |
Simon YuanInsiderdirector | 3.86% | 183,091 | filed Feb 11, 2025 |
Wei Yuan ChenInsiderdirector | 3.09% | 146,473 | filed Jun 12, 2025 |
Vanguard Capital Management LLCInstitution | 1.14% | 651,394 | as of Jun 30, 2026 |
Geode Capital Management, LLCInstitution | 0.66% | 377,789 | as of Jun 30, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
- Tesla
Residential and commercial battery-storage systems
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Large-scale solar and battery-storage project development
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| SolarMax Technology | $2.35 | +2.62% | $10.9M | — | — | 0.1 | +114.1% |
| Tesla | $380.41 | +0.40% | $1.50T | 350.8 | 184.6 | 14.4 | +25.5% |
| NextEra Energy | $77.54 | −2.17% | $165.33B | 17.8 | 19.1 | 5.7 | +12.5% |
| Median | 184.3 | 101.8 | 10.1 | +19.0% |




