Solarmax Technology Inc. Common Stock Financial Ratios — SMXT

Profitability (USD)

	2016 Y	2017 Y	2018 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	12/31/2017	12/31/2018	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	-84.85	-227.75	- -	- -	- -	- -	- -	- -
Return on Assets (%)	- -	-12.35	-14.18	0.94	-3.95	-10.3	0.79	-80.11	-9.74
Return on Capital (%)	- -	- -	- -	3.86	- -	- -	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	2.37	- -	- -	- -	- -	- -
Gross Margin (%)	17.7	11.9	10.3	12.5	15.76	16.73	20.59	10.07	4.65
EBITDA Margin (%)	-0.57	-6.9	-11.5	3.97	-15.48	-14.75	3.87	-104.82	-5.16
Operating Margin (%)	-4.88	-9.24	-12.19	2.84	-16.43	-17.82	0.89	-111.55	-6.92
Incremental Operating Margin (%)	- -	- -	- -	35.19	- -	- -	89.73	- -	- -
Pretax Margin (%)	-8.56	-12.37	-16.38	1.86	-9.59	-15.28	0.68	-144.86	-8.2
Profit Margin (%)	-9.56	-13.42	-16.25	0.74	-8.8	-15.37	0.8	-152.1	-6.95
Net Income to Common Margin (%)	-9.56	-13.42	-16.25	0.74	-8.8	-15.37	0.8	-152.1	-6.95
Effective Tax Rate (%)	- -	- -	- -	60.96	- -	- -	- -	- -	- -
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	- -	-84.85	-227.75	- -	- -	- -	- -	- -	- -

Credit (USD)

Credit Ratios API ChatGPT

	2016 Y	2017 Y	2018 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	12/31/2017	12/31/2018	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	56	61	63	57	49	48	42	35	27
ST Debt	10	18	19	29	20	20	24	20	22
LT Debt	46	43	44	28	28	28	18	15	5
Total Debt/EBITDA	-124.53	-10	-6.09	11	-8.31	-7.27	19.97	-1.45	-5.8
Net Debt/EBITDA	-95.36	-6.75	-5.16	7.75	-6.62	-5.63	16.1	-1.28	-3.73
Total Debt/EBIT	-14.59	-7.47	-5.74	15.36	-7.83	-6.02	86.56	-1.36	-4.32
Net Debt/EBIT	-11.17	-5.04	-4.87	10.81	-6.23	-4.66	69.79	-1.2	-2.78
EBITDA to Interest Expense	-0.19	-3.31	-5.31	1.63	-2.93	-3.61	1.33	-15.39	-3.44
EBITDA-CapEx/Interest Expense	-0.32	-3.47	-5.53	1.59	-2.93	-3.66	1.31	-15.39	-3.44
EBIT to Interest Expense	-1.62	-4.44	-5.63	1.17	-3.11	-4.36	0.31	-16.38	-4.61
Interest Expense	2	2	2	3	2	2	2	2	1
Common Equity/Total Assets	17.3	11.7	1.55	-5.43	-11.73	-26.36	-32.65	-39.03	-13.38
Long-Term Debt/Equity (%)	271.29	389.5	2,760.22	- -	- -	- -	- -	- -	- -
Long-Term Debt/Capital (%)	63.49	59.49	67.83	54.4	70.1	86.94	70.58	77.13	35.62
Long-Term Debt/Total Assets (%)	47.22	45.42	39.4	29.45	39.01	44.93	37.71	39.46	5.85
Total Debt/Equity (%)	327.3	554.75	3,969.34	-1,056.99	-574.5	-296.04	-263.63	-231.07	-222.78
Total Debt/Capital (%)	76.6	84.73	97.54	110.45	121.07	151.01	161.11	176.3	181.44
Total Debt/Total Assets (%)	56.97	64.69	56.66	59.78	67.39	78.05	86.08	90.2	29.8
Net Debt to Equity	250.63	374.19	3,363.99	-744.16	-457.47	-229.31	-212.55	-204.08	-143.51
Net Debt/Capital (%)	71.48	78.91	97.11	115.52	127.97	132.97	143.96	162.16	249.43
EBITDA	- -	-6	-10	5	-6	-7	2	-24	-5
EBITDA-CapEx	-1	-6	-11	5	-6	-7	2	-24	-5
Operating Income (Loss)	-4	-8	-11	4	-6	-8	- -	-26	-6

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2016 Y	2017 Y	2018 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	12/31/2017	12/31/2018	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	0.41	0.53	0.15	0.25	0.2	0.08	0.06	0.21	0.09
Current Ratio	1.5	1.45	1.13	0.86	0.87	0.63	0.46	0.6	0.79
Quick Ratio	0.95	1.13	0.93	0.74	0.68	0.48	0.32	0.48	0.73
CFO/Avg Current Liab	- -	-0.16	-0.3	-0.35	-0.09	-0.04	0.09	-0.23	0.01
Common Equity/Total Assets	17.3	11.7	1.55	-5.43	-11.73	-26.36	-32.65	-39.03	-13.38
Long-Term Debt/Equity (%)	271.29	389.5	2,760.22	- -	- -	- -	- -	- -	- -
Long-Term Debt/Capital (%)	63.49	59.49	67.83	54.4	70.1	86.94	70.58	77.13	35.62
Long-Term Debt/Total Assets (%)	47.22	45.42	39.4	29.45	39.01	44.93	37.71	39.46	5.85
Total Debt/Equity (%)	327.3	554.75	3,969.34	-1,056.99	-574.5	-296.04	-263.63	-231.07	-222.78
Total Debt/Capital (%)	76.6	84.73	97.54	110.45	121.07	151.01	161.11	176.3	181.44
Total Debt/Total Assets (%)	56.97	64.69	56.66	59.78	67.39	78.05	86.08	90.2	29.8
CFO/Total Liabilities	5.55	-6.54	-13.59	-22.81	-6.65	-2.54	6.34	-17	0.48
CFO/CapEx	14.18	-19.47	-35.2	-216.29	- -	-23.62	146.12	- -	- -
Altman's Z-Score	0.58	0.37	-0.07	0.57	-1.21	-1.85	-1.67	4.05	1.95

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2016 Y	2017 Y	2018 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	12/31/2017	12/31/2018	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	- -	17.79	24.55	65.25	17.31	9.78	10.71	5.47	10.6
Days Sales Outstanding	- -	20.52	14.87	5.59	21.09	37.32	34.08	66.75	34.44
Inventory Turnover	- -	18.89	22.15	42.37	11.66	11.02	18.12	15.64	51.58
Days Inventory Outstanding	- -	19.32	16.48	8.61	31.31	33.14	20.15	23.34	7.08
Accounts Payable Turnover	- -	5.24	3.72	4.31	2.51	12	14.58	6.82	2.81
Accounts Payable Turnover Days	- -	69.62	98.17	84.72	145.62	30.42	25.04	53.51	129.78
Cash Conversion Cycle	- -	-29.79	-66.82	-70.51	-93.22	40.04	29.19	36.58	-88.26
Inventory to Cash Days	- -	1.19	-1.61	-3.02	-10.22	4.19	13.93	43.41	27.37
Inventories	4	4	3	2	3	3	1	1	2
Raw Materials	2	2	2	1	3	3	1	1	2
Work In Process	1	1	1	- -	- -	- -	- -	- -	- -
Finished Goods	2	1	1	1	1	4	1	1	1
Other Inventory	- -	- -	- -	- -	- -	-3	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2016 Y	2017 Y	2018 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	12/31/2017	12/31/2018	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	- -	- -	- -	- -	- -	- -	- -	880	541
- Cash & Cash Equivalents	13	20	10	17	10	4	3	1	8
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	56	61	63	57	49	48	42	35	27
Enterprise Value	43	41	53	40	39	44	39	908	560
Total Capital	73	72	64	52	40	32	26	20	15
Total Debt/Capital (%)	76.6	84.73	97.54	110.45	121.07	151.01	161.11	176.3	181.44
Total Debt / EV	1.3	1.48	1.18	1.45	1.26	1.09	1.06	0.04	0.05
EV/Sales	0.55	0.46	0.59	0.3	1.02	0.99	0.73	39.49	6.15
EV/EBITDA	- -	- -	- -	7.61	- -	- -	18.76	- -	- -
EV/EBIT	- -	- -	- -	10.62	- -	- -	81.32	- -	- -
EV/Cash Flow to Firm	6	- -	- -	- -	- -	- -	6.62	- -	337.79
EV/Free Cash Flow to Firm	5.74	- -	- -	- -	- -	- -	6.59	- -	337.79
Diluted Market Cap	- -	- -	- -	- -	- -	- -	- -	862	492
Diluted Enterprise Value	43	41	53	40	39	44	39	896	512
EV per Share	0.97	0.93	1.19	0.89	0.87	0.99	0.88	20.05	10.19
TTM Sales	79	89	90	132	38	45	54	23	91
TTM EBITDA	- -	-6	-10	5	-6	-7	2	-24	-5
TTM Operating Income	-4	-8	-11	4	-6	-8	- -	-26	-6
TTM Cash Flow to Firm	7	-3	-13	-22	-4	- -	6	-7	2
TTM Free Cash Flow to Firm	8	-3	-13	-22	-4	- -	6	-7	2

Multiples (USD)

Valuation Multiples API ChatGPT

	2016 Y	2017 Y	2018 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	12/31/2017	12/31/2018	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	- -	- -	- -	- -	- -	- -	- -	-94.42	988.4
EV/EBIT	- -	- -	- -	10.62	- -	- -	81.32	- -	- -
Enterprise Value	43	41	53	40	39	44	39	908	560
Low Price	- -	- -	- -	- -	- -	- -	- -	7.2	8.78
EV/Sales	0.55	0.46	0.59	0.3	1.02	0.99	0.73	39.49	6.15
EV/EBITDA	- -	- -	- -	7.61	- -	- -	18.76	- -	- -
Price/Earnings	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Average	- -	- -	- -	- -	- -	- -	- -	-69.31	-109.03
Price/Earnings High	- -	- -	- -	- -	- -	- -	- -	-241.69	-237.03
Price/Earnings Low	- -	- -	- -	- -	- -	- -	- -	-9.13	-69.37
Price/Book Value	- -	- -	- -	- -	- -	- -	- -	-58.36	-44.29
Price/Book Value Average	- -	- -	- -	- -	- -	- -	- -	-164.06	-62.05
Price/Book Value High	- -	- -	- -	- -	- -	- -	- -	-572.11	-134.9
Price/Book Value Low	- -	- -	- -	- -	- -	- -	- -	-21.62	-39.48
Price/Tangible Book Value	- -	- -	- -	- -	- -	- -	- -	-58.36	-44.29
Price/Tangible Book Value Average	- -	- -	- -	- -	- -	- -	- -	-164.06	-62.05
Price/Tangible Book Value High	- -	- -	- -	- -	- -	- -	- -	-572.11	-134.9
Price/Tangible Book Value Low	- -	- -	- -	- -	- -	- -	- -	-21.62	-39.48
Price/Sales	- -	- -	- -	- -	- -	- -	- -	37.5	5.41
Price/Sales Average	- -	- -	- -	- -	- -	- -	- -	105.42	7.58
Price/Sales High	- -	- -	- -	- -	- -	- -	- -	367.6	16.48
Price/Sales Low	- -	- -	- -	- -	- -	- -	- -	13.89	4.82
Price/Cash Flow	- -	- -	- -	- -	- -	- -	- -	-94.42	988.4
Price/Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	-265.41	1,384.65
Price/Cash Flow High	- -	- -	- -	- -	- -	- -	- -	-925.51	3,010.35
Price/Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	-34.97	881.03
Price/Free Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	-265.41	1,384.65
Price/Free Cash Flow High	- -	- -	- -	- -	- -	- -	- -	-925.51	3,010.35
Price/Free Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	-34.97	881.03
EV/Sales Average	0.55	0.46	0.59	0.31	1.02	0.99	0.73	109.1	8.54
EV/Sales High	0.55	0.46	0.59	0.31	1.02	0.99	0.73	376.77	18.32
EV/Sales Low	0.55	0.46	0.59	0.31	1.02	0.99	0.73	15.66	5.51
EV/EBITDA Average	-95.6	-6.74	-5.15	7.7	-6.62	-6.69	18.76	-104.08	-165.51
EV/EBITDA High	-95.6	-6.74	-5.15	7.7	-6.62	-6.69	18.76	-359.44	-355.01
EV/EBITDA Low	-95.6	-6.74	-5.15	7.7	-6.62	-6.69	18.76	-14.94	-106.8
EV/EBIT Average	-11.2	-5.03	-4.86	10.76	-6.23	-5.54	81.32	-97.81	-123.39
EV/EBIT High	-11.2	-5.03	-4.86	10.76	-6.23	-5.54	81.32	-337.77	-264.67
EV/EBIT Low	-11.2	-5.03	-4.86	10.76	-6.23	-5.54	81.32	-14.04	-79.62
Last Price	- -	- -	- -	- -	- -	- -	- -	19.44	9.85
High Price	- -	- -	- -	- -	- -	- -	- -	190.56	30
Enterprise Value Average	43	41	53	40	39	44	39	2,508	777
Enterprise Value High	43	41	53	40	39	44	39	8,661	1,666
Enterprise Value Low	43	41	53	40	39	44	39	360	501

Shares Outstanding	45	45	45	45	45	45	45	45	55
Diluted Weighted Avg Shares	45	45	45	48	48	48	45	44	50
Basic Weighted Avg Shares	45	45	45	48	48	45	45	44	50
Revenue per Share	1.77	2	2.02	2.77	0.79	1	1.22	0.52	1.82
EBITDA per Share	-0.01	-0.14	-0.23	0.11	-0.12	-0.15	0.05	-0.54	-0.09
Operating Income per Share	-0.09	-0.18	-0.25	0.08	-0.13	-0.18	0.01	-0.58	-0.13
Basic EPS, GAAP	-0.17	-0.27	-0.33	0.02	-0.07	-0.15	0.01	-0.79	-0.13
Basic EPS from Cont Ops	-0.17	-0.27	-0.33	0.02	-0.07	-0.15	0.01	-0.79	-0.13
Diluted EPS, GAAP	-0.17	-0.27	-0.33	0.02	-0.07	-0.14	0.01	-0.79	-0.13
Diluted EPS from Cont Ops	-0.17	-0.27	-0.33	0.02	-0.07	-0.14	0.01	-0.79	-0.13
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	0.1	-0.12	-0.33	-0.49	-0.11	-0.04	0.09	-0.21	0.01
Free Cash Flow per Basic Share	0.09	-0.13	-0.34	-0.49	-0.11	-0.05	0.09	-0.21	0.01
Cash & Equivalents per Share	0.3	0.45	0.22	0.39	0.22	0.09	0.06	0.16	0.15
Book Value per Share	0.38	0.25	0.04	-0.12	-0.19	-0.36	-0.36	-0.33	-0.22
Tangible Book Value per Share	0.19	0.06	-0.14	-0.3	-0.38	-0.54	-0.53	-0.33	-0.22

Solarmax Technology Inc. Common Stock

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)