SolarMax Technology, Inc. (SMXT) stock: price, suppliers, customers and institutional ownership
Prices via Intrinio. Supplier and customer ties are extracted from SEC filings and carry the sentence they came from. Not investment advice.
Prices via Intrinio. Supplier and customer ties are extracted from SEC filings and carry the sentence they came from. Not investment advice.
We are an integrated solar energy company. Through our subsidiaries, we are primarily engaged in the following business activities: · Selling and installing integrated photovoltaic systems for residential and commercial customers in the United States; · Providing exterior and interior light-emitting diodes, known as LED, lighting sales and retrofitting services for governmental and commercial applications; · Identifying and procuring solar farm system projects for resale to third party developers and related services in the People’s Republic of China, which we refer to as China or the PRC, although we generated nominal revenue from our Chinese operations in 2021 subsequent to the second quarter and we did not generated any revenue from our China segment in 2022, 2023 and 2024 through the date of this prospectus, and, as of the date of this prospectus, we do not have any contracts which will generate revenue from our China segment; · Providing engineering, procuring and construction services, which are referred to in the industry as EPC services, for solar farms and residential and commercial photovoltaic systems in China although we have not performed any significant residential or commercial services in China; · Operating and maintaining solar farm projects in China following the completion of our EPC work on the projects, although we are not currently performing such services; · Providing secured loans to purchasers of our photovoltaic systems and servicing installment sales by our customers in the United States; · Owning and funding renewable energy projects in the United States based on leases entered into prior to 2015, and generating revenue from this business through operating leases and power purchase agreements primarily with commercial users; and · Selling and installing backup battery systems for residential and commercial customers in the United States. We operate in two segments - the United States operations and the China operations. Our United States operations consists primarily of the sale and installation of photovoltaic and battery backup systems for residential and commercial customers and sales of LED systems and services to government and commercial users. Since early 2020, because we did not have the capital to support such operations, we suspended making loans to our solar customers and our finance revenue relates to revenue from our existing financing portfolio. Our China operations consist primarily of identifying and procuring solar farm projects for resale to third parties and EPC services for solar farm projects. We commenced operations in China following the completion of two acquisitions on April 28, 2015. · We acquired the ownership of Chengdu Zhonghong Tianhao Technology Co., Ltd., or Chengdu ZHTH, through a share exchange agreement among us, one of our PRC subsidiaries, and the equity owners of Chengdu ZHTH (together with its subsidiaries thereunder, “ZHTH”). · We acquired the ownership of Jiangsu Zhonghong Photovoltaic Electric Co., Ltd., or ZHPV, through a share exchange agreement between us and the holders of the stock of Accumulate Investment Co. Ltd., which we refer to as Accumulate. Accumulate owns ZHPV through a Hong Kong subsidiary. The share exchange agreement for ZHPV was amended on May 12, 2016 to revise certain terms including adjusting the total consideration retroactively to the original acquisition date of April 28, 2015. Our business in China is conducted through our subsidiaries, primarily ZHTH and ZHPV, which we acquired in April 2015, and their subsidiaries. ZHTH is engaged in project development. ZHPV’s core business is to provide EPC services. In order to build a solar farm in China it is first necessary to obtain a permit, which covers a specific location. ZHTH and ZHPV establish special subsidiaries to own and acquire a permit for a solar farm. We refer to these subsidiaries as project subsidiaries. When a buyer of a project is identified, we sell to the buyer the equity in the project subsidiary that holds the permit for that specific solar farm project, and the buyer of the project engages ZHPV for the EPC work. The purchase price for the project subsidiary is an amount approximating the project subsidiary’s net assets. Accordingly, we do not generate a material gain or loss from the sale of the project subsidiaries. The sale of the equity in the project subsidiaries is part of the normal course of our operations in China. Because Chinese government regulations prohibit the sale of the permit relating to a solar farm, it is necessary for us to sell the equity in the project subsidiary to effectuate the transfer of the ownership of the solar farm and permit to the buyer. At or prior to completion of the EPC work on the solar farm, we seek to obtain an agreement to operate and maintain the solar farm upon its completion. If we receive a contract for operations and maintenance services, these services are performed by ZHPV or a subsidiary. Unlike systems in the United States, which are installations for residential and small business users, the projects in China are generally solar farms, which are large land areas where multiple ground-mount solar tracking towers are installed. Our principal executive offices are located at 3080 12th Street, Riverside, California.
the bull case· 1
19
managers reporting a position in thirteen F filings
13fJun 30 '26the bear case· 3
6
managers whose positions together make up four fifths of reported value
13fJun 30 '267 of 11
of the largest reporting managers cut their stake in the latest quarter
13fJun 30 '26−13.63%
change in shares held by the ten largest reporting managers over the latest quarter
13fJun 30 '26Sides and captions by the model; every figure is ours. Built Sep 16 '26 for the Nov 16 '26 report. Not a forecast, not advice.
SolarMax Technology, Inc. has no measured co-movers clearing our correlation floor, so only its SEC classification is shown.
SIC 1700, Construction - Special Trade Contractors, from each company's own filings. Largest first.
tall tick = annual report · 1 on record
SMXT (SolarMax Technology, Inc.) has 2 disclosed suppliers and 0 disclosed customers, strongest disclosure first.
Suppliers:
Select a tie for its filing sentence; select again to open the company. Nearer the centre, the more the filings disclose. Extended: satellites hang off single companies, not bundled sectors.
High 2.17 at 2:00 pm ET, low 2.07 at 10:00 am ET.
SolarMax Technology, Inc.
Price, suppliers and customers from SEC filings, institutional ownership and the next report.
Nasdaq · Construction - Special Trade Contractors
19 managers report a position worth $625,902 between them, and 6 of them hold 80% of it.