SolarMax Technology, Inc. is an integrated solar energy company. The Company is primarily engaged in selling and installing integrated photovoltaic systems for residential and commercial customers in the United States; providing exterior and interior light-emitting diodes (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. It also provides engineering, procuring and construction services; operating and maintaining solar farm projects in China; provides secured loans to purchasers of its photovoltaic systems and servicing installment sales; owning and funding renewable energy projects in the United States, and selling and installing backup battery systems for residential and commercial customers in the United States. The Company has two segments: the United States operations and the China operations.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 68.05% year-on-year.
Growing
The company is in a growing phase, with the latest annual income totaling USD 90.98M.
Undervalued
The company’s latest PE is -5.26, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 2.46M shares, decreasing 25.88% quarter-over-quarter.
Held by James Simons
Star Investor James Simons holds 39.48K shares of this stock.