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.
Growing
The company is in a growing phase, with the latest annual income totaling USD 22.99M.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 408.67.
Turnaround to Loss
The company's performance has turned to a loss, with the latest annual loss of USD 34.96M.%!(EXTRA int=2)
Fairly Valued
The company’s latest PE is -3.06, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 18.01M shares, decreasing 5.41% quarter-over-quarter.
Held by The Vanguard
Star Investor The Vanguard holds 284.55K shares of this stock.