SolarMax Technology (SMXT)

Total assets on the balance sheet as of June 2024 : HK$0.39 Billion

According to SolarMax Technology's latest financial reports the company's total assets are HK$0.39 Billion. A company’s total assets is the sum of all current and non-current assets, such as inventories, cash and cash equivalents, properties and equipment.

SolarMax Technology - Total assets on balance sheet (from 2017 to 2024)

Total assets by year

Year	Total assets	Change
2022-12-31	HK$0.48 B	-14.46%
2021-12-31	HK$0.56 B	-24.65%
2020-12-31	HK$0.74 B
2018-12-31	HK$0.86 B	17.33%
2017-12-31	HK$0.74 B	-2.96%
2016-12-31	HK$0.76 B

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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SolarMax Technology (SMXT) - Total assets