SolarMax Technology, Inc.

NasdaqCM:SMXT Stock Report

Market Cap: US$11.5m

SolarMax Technology Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

David Hsu

Chief executive officer

US$760.1k

Total compensation

CEO salary percentage100.00%
CEO tenure18.6yrs
CEO ownership7.1%
Management average tenureno data
Board average tenure17.5yrs

Recent management updates

Recent updates

Analysis Article • Dec 17

There Is A Reason SolarMax Technology, Inc.'s (NASDAQ:SMXT) Price Is Undemanding

You may think that with a price-to-sales (or "P/S") ratio of 0.9x SolarMax Technology, Inc. ( NASDAQ:SMXT ) is a stock...
Analysis Article • Aug 19

SolarMax Technology, Inc.'s (NASDAQ:SMXT) Popularity With Investors Is Under Threat From Overpricing

NasdaqCM:SMXT 1 Year Share Price vs Fair Value Explore SolarMax Technology's Fair Values from the Community and select...
Analysis Article • Feb 26

SolarMax Technology, Inc. (NASDAQ:SMXT) May Have Run Too Fast Too Soon With Recent 26% Price Plummet

SolarMax Technology, Inc. ( NASDAQ:SMXT ) shareholders won't be pleased to see that the share price has had a very...
Analysis Article • Jan 08

SolarMax Technology, Inc.'s (NASDAQ:SMXT) Popularity With Investors Under Threat As Stock Sinks 36%

SolarMax Technology, Inc. ( NASDAQ:SMXT ) shares have retraced a considerable 36% in the last month, reversing a fair...
Analysis Article • Nov 22

Optimistic Investors Push SolarMax Technology, Inc. (NASDAQ:SMXT) Shares Up 29% But Growth Is Lacking

SolarMax Technology, Inc. ( NASDAQ:SMXT ) shareholders are no doubt pleased to see that the share price has bounced 29...
Seeking Alpha • Jul 09

SolarMax Technology: Struggling Due To NEM 3.0 And Cash Is Running Low

Summary The company raised $18 million through an IPO in February, but operating cash flow was negative $6.4 million in Q1 2024 alone. The shareholders’ equity is in the red and I think that SolarMax Technology is likely to run out of liquidity by the end of the year. In my view, the business of SolarMax Technology could be close to worthless in its current state, but short selling seems dangerous. Read the full article on Seeking Alpha

CEO Compensation Analysis

How has David Hsu's remuneration changed compared to SolarMax Technology's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

-US$5m

Dec 31 2025US$760kUS$760k

-US$6m

Sep 30 2025n/an/a

-US$9m

Jun 30 2025n/an/a

-US$17m

Mar 31 2025n/an/a

-US$17m

Dec 31 2024US$738kUS$738k

-US$35m

Sep 30 2024n/an/a

-US$31m

Jun 30 2024n/an/a

-US$20m

Mar 31 2024n/an/a

-US$20m

Dec 31 2023US$771kUS$716k

US$435k

Sep 30 2023n/an/a

US$1m

Jun 30 2023n/an/a

-US$2m

Mar 31 2023n/an/a

-US$5m

Dec 31 2022US$749kUS$696k

-US$7m

Sep 30 2022n/an/a

-US$9m

Jun 30 2022n/an/a

-US$7m

Mar 31 2022n/an/a

-US$3m

Dec 31 2021US$727kUS$675k

-US$3m

Dec 31 2020US$622kUS$578k

US$974k

Compensation vs Market: David's total compensation ($USD760.07K) is about average for companies of similar size in the US market ($USD650.37K).

Compensation vs Earnings: David's compensation has increased whilst the company is unprofitable.

CEO

David Hsu (62 yo)

18.6yrs
Tenure
US$760,065
Compensation

Mr. David Bingwen Hsu serves as Chief Executive Officer and Director at SolarMax Technology, Inc. since February 2008 and serves its Chairman. Mr. Hsu is a widely-respected entrepreneur who leads the execu...

Board Members

NamePositionTenureCompensationOwnership
David Hsu
Chairman & CEO18.6yrsUS$760.07k7.09%
$ 813.2k
Simon Yuan
Independent Director18.6yrsno data3.86%
$ 443.1k
Wei Yuan Chen
Independent Director16.4yrsno data3.09%
$ 354.5k
Lei Zhang
Independent Director5.8yrsno datano data
17.5yrs
Average Tenure
64yo
Average Age

Experienced Board: SMXT's board of directors are seasoned and experienced ( 17.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/11 22:17
End of Day Share Price 2026/09/11 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

SolarMax Technology, Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.