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SolarMax Technology (SolarMax Technology) Pretax Margin % : -334.26% (As of Mar. 2024)


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What is SolarMax Technology Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. SolarMax Technology's Pre-Tax Income for the three months ended in Mar. 2024 was $-19.27 Mil. SolarMax Technology's Revenue for the three months ended in Mar. 2024 was $5.76 Mil. Therefore, SolarMax Technology's pretax margin for the quarter that ended in Mar. 2024 was -334.26%.

The historical rank and industry rank for SolarMax Technology's Pretax Margin % or its related term are showing as below:

SMXT' s Pretax Margin % Range Over the Past 10 Years
Min: -41.33   Med: -9.59   Max: 1.86
Current: -41.33


SMXT's Pretax Margin % is ranked worse than
87.92% of 985 companies
in the Semiconductors industry
Industry Median: 5.24 vs SMXT: -41.33

SolarMax Technology Pretax Margin % Historical Data

The historical data trend for SolarMax Technology's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

SolarMax Technology Pretax Margin % Chart

SolarMax Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial -16.38 1.86 -9.59 -15.28 0.69

SolarMax Technology Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.21 -9.27 9.28 -1.05 -334.26

Competitive Comparison of SolarMax Technology's Pretax Margin %

For the Solar subindustry, SolarMax Technology's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SolarMax Technology's Pretax Margin % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, SolarMax Technology's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where SolarMax Technology's Pretax Margin % falls into.



SolarMax Technology Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

SolarMax Technology's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=0.371/54.139
=0.69 %

SolarMax Technology's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-19.267/5.764
=-334.26 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


SolarMax Technology  (NAS:SMXT) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


SolarMax Technology Pretax Margin % Related Terms

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SolarMax Technology (SolarMax Technology) Business Description

Comparable Companies
Traded in Other Exchanges
Address
3080 12th Street, Riverside, CA, USA, 92507
SolarMax Technology Inc is an integrated solar and renewable energy company. It operates in two segments namely the United States and China. The United States business includes the sale and installation of photovoltaic and battery backup systems. China operations consist of operating and maintaining solar farm projects and identifying and procuring solar farm projects for resale to third parties. Some of its products are LG Solar Panels, QCELL Solar Panels, Panasonic Solar Panels, and others. The company generates a majority of its revenue from the Solar energy systems.

SolarMax Technology (SolarMax Technology) Headlines