Hitek Financial Statements From 2010 to 2025

Stocks . USA . 
Stock . Hitek Global Ordinary
HKIT Stock   1.27  0.01  0.79%   
Hitek Global financial statements provide useful quarterly and yearly information to potential Hitek Global Ordinary investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Hitek Global financial statements helps investors assess Hitek Global's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Hitek Global's valuation are summarized below:
Gross Profit
1.4 M
Profit Margin
0.1587
Market Capitalization
36.9 M
Enterprise Value Revenue
4.0807
Revenue
3.4 M
There are currently one hundred twenty fundamental trends for Hitek Global Ordinary that can be evaluated and compared over time across competitors. All traders should confirm Hitek Global's regular fundamentals against the performance from 2010 to 2025 and make sure the trends continue to evolve in the right direction. Market Cap is likely to drop to about 15.2 M in 2025. Enterprise Value is likely to drop to about 7.9 M in 2025

Hitek Global Total Revenue

5.03 Million

Check Hitek Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hitek Global's main balance sheet or income statement drivers, such as Tax Provision of 490.7 K, Net Interest Income of 722.1 K or Depreciation And Amortization of 46 K, as well as many indicators such as Price To Sales Ratio of 3.33, Dividend Yield of 0.0 or PTB Ratio of 0.54. Hitek financial statements analysis is a perfect complement when working with Hitek Global Valuation or Volatility modules.
  
Check out the analysis of Hitek Global Correlation against competitors.

Hitek Global Balance Sheet

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Total Assets42.8 M40.7 M15.6 M
Slightly volatile
Other Current Liabilities1.2 M1.8 M986.4 K
Slightly volatile
Total Current Liabilities2.9 M3.9 M2.4 M
Slightly volatile
Total Stockholder Equity34.2 M32.6 M11.9 M
Slightly volatile
Net Tangible Assets10 M15.1 M8.3 M
Slightly volatile
Property Plant And Equipment Net404.4 K366 K379.9 K
Pretty Stable
Current Deferred Revenue146.5 K154.2 K722.8 K
Slightly volatile
Retained Earnings7.8 M13.1 M5.2 M
Slightly volatile
Accounts Payable458.7 K612 K417.1 K
Slightly volatile
Cash11.2 M10.7 M2.8 M
Slightly volatile
Non Current Assets Total12.8 M12.2 M3.9 M
Slightly volatile
Cash And Short Term Investments21.9 M20.9 M6.6 M
Slightly volatile
Net Receivables4 M7 M3.1 M
Slightly volatile
Common Stock Shares Outstanding11.5 M11.9 M14.3 M
Slightly volatile
Short Term Investments10.7 M10.2 M3.8 M
Slightly volatile
Liabilities And Stockholders Equity42.8 M40.7 M15.6 M
Slightly volatile
Non Current Liabilities Total4.5 M4.3 M1.8 M
Slightly volatile
Inventory374 K641.3 K333.7 K
Slightly volatile
Other Current Assets21.2 K22.3 K1.4 M
Slightly volatile
Other Stockholder Equity20.2 M19.2 M5.6 M
Slightly volatile
Total Liabilities4.5 M8.2 M3.4 M
Slightly volatile
Net Invested Capital37.4 M35.6 M12.6 M
Slightly volatile
Total Current Assets29.9 M28.5 M11.7 M
Slightly volatile
Accumulated Other Comprehensive Income194 K204.2 K662.9 K
Slightly volatile
Net Working Capital25.9 M24.6 M9.2 M
Slightly volatile
Common Stock1.3 K1.7 K1.2 K
Slightly volatile
Property Plant Equipment134 K141.1 K335.1 K
Very volatile
Other Liabilities800.1 K1.4 M604.5 K
Slightly volatile
Non Currrent Assets Other448.5 K472.1 K2.4 M
Very volatile
Other Assets3.3 M4.6 M2.9 M
Slightly volatile
Property Plant And Equipment Gross1.9 M2.2 M1.7 M
Slightly volatile
Capital Stock1.3 K1.7 K1.2 K
Slightly volatile
Short and Long Term Debt Total2.1 M2.3 M2.6 M
Slightly volatile
Long Term Debt1.7 M1.9 M2.1 M
Slightly volatile
Short and Long Term Debt399.9 K443.8 K495.2 K
Slightly volatile
Short Term Debt599.5 K570.9 K109.4 K
Slightly volatile

Hitek Global Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Tax Provision490.7 K628.9 K483.3 K
Very volatile
Depreciation And Amortization46 K48.4 K104.6 K
Slightly volatile
Interest Expense379 K360.9 K111.7 K
Slightly volatile
Selling General Administrative1.5 M2.1 M1.3 M
Slightly volatile
Selling And Marketing Expenses70874569.3 K
Pretty Stable
Total Revenue5 M4.1 M6.3 M
Slightly volatile
Gross Profit2.7 M1.7 M3.4 M
Slightly volatile
Other Operating Expenses4.8 M5.1 M4.4 M
Slightly volatile
Operating Income86.4 K91 K2 M
Slightly volatile
Net Income From Continuing Ops1.4 M942.9 K1.8 M
Slightly volatile
EBIT1.7 M1.7 M2.3 M
Slightly volatile
EBITDA1.9 M1.8 M2.4 M
Slightly volatile
Cost Of Revenue2.3 M2.4 M3 M
Slightly volatile
Total Operating Expenses1.6 M2.1 M1.3 M
Slightly volatile
Reconciled Depreciation46 K48.4 K100.4 K
Slightly volatile
Income Before Tax1.8 M1.4 M2.3 M
Slightly volatile
Net Income Applicable To Common Shares1.6 M1.5 M1.9 M
Slightly volatile
Net Income1.4 M942.9 K1.8 M
Slightly volatile
Income Tax Expense490.7 K628.9 K483.3 K
Very volatile
Research Development40.7 K44 K31.1 K
Slightly volatile
Interest Income538.2 K1 M198.2 K
Slightly volatile

Hitek Global Cash Flow Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow1.2 M1.4 M741.4 K
Slightly volatile
Depreciation46 K48.4 K100.4 K
Slightly volatile
Net Income1.4 M942.9 K1.8 M
Slightly volatile
End Period Cash Flow11.2 M10.7 M2.8 M
Slightly volatile
Change To Netincome86.9 K91.5 K286.6 K
Slightly volatile

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio3.333.5110.7005
Slightly volatile
PTB Ratio0.540.5619.7061
Slightly volatile
Days Sales Outstanding458436180
Slightly volatile
Book Value Per Share2.021.920.7103
Slightly volatile
Average Payables486.2 K547 K596.3 K
Slightly volatile
Capex To Depreciation8.358.7918.283
Slightly volatile
PB Ratio0.540.5619.7061
Slightly volatile
EV To Sales1.731.8210.385
Slightly volatile
ROIC0.00220.00230.1244
Pretty Stable
Inventory Turnover5.185.4510.9864
Very volatile
Net Income Per Share0.0880.07110.0741
Slightly volatile
Days Of Inventory On Hand72.7969.3344.9457
Slightly volatile
Payables Turnover9.55.718.6072
Pretty Stable
Sales General And Administrative To Revenue0.380.360.2254
Slightly volatile
Average Inventory352.7 K444.8 K416.3 K
Pretty Stable
Research And Ddevelopement To Revenue0.00420.00750.0047
Slightly volatile
Capex To Revenue0.130.10.0897
Slightly volatile
Cash Per Share1.291.230.4124
Slightly volatile
Interest Coverage0.350.37390
Slightly volatile
Days Payables Outstanding42.0166.1548.4019
Slightly volatile
ROE0.04040.04250.1618
Slightly volatile
PE Ratio14.5215.28119
Slightly volatile
Return On Tangible Assets0.03230.0340.0946
Pretty Stable
Earnings Yield0.07110.06770.024
Slightly volatile
Current Ratio6.946.613.5652
Slightly volatile
Tangible Book Value Per Share2.021.920.8164
Slightly volatile
Receivables Turnover0.820.873.7226
Slightly volatile
Graham Number1.061.750.945
Slightly volatile
Shareholders Equity Per Share2.021.920.7103
Slightly volatile
Debt To Equity0.170.110.2092
Slightly volatile
Capex Per Share0.06940.03570.0464
Slightly volatile
Graham Net Net1.131.080.3187
Slightly volatile
Average Receivables2.8 M4.9 M2.7 M
Slightly volatile
Revenue Per Share0.50.40.4451
Very volatile
Interest Debt Per Share0.210.20.1092
Slightly volatile
Debt To Assets0.10.08470.1195
Slightly volatile
Enterprise Value Over EBITDA4.024.2399.087
Slightly volatile
Price Earnings Ratio14.5215.28119
Slightly volatile
Operating Cycle530505225
Slightly volatile
Price Book Value Ratio0.540.5619.7061
Slightly volatile
Days Of Payables Outstanding42.0166.1548.4019
Slightly volatile
Pretax Profit Margin0.250.310.2178
Slightly volatile
Ebt Per Ebit14.9114.23.7172
Slightly volatile
Operating Profit Margin0.02420.02550.1544
Pretty Stable
Effective Tax Rate0.170.310.2172
Pretty Stable
Company Equity Multiplier1.561.441.6298
Slightly volatile
Long Term Debt To Capitalization0.110.07980.1286
Slightly volatile
Total Debt To Capitalization0.130.0970.1685
Slightly volatile
Return On Capital Employed0.00340.00360.1716
Slightly volatile
Debt Equity Ratio0.170.110.2092
Slightly volatile
Ebit Per Revenue0.02420.02550.1544
Pretty Stable
Quick Ratio6.796.473.3852
Slightly volatile
Net Income Per E B T0.870.760.7896
Very volatile
Cash Ratio2.612.480.7227
Slightly volatile
Cash Conversion Cycle461439175
Slightly volatile
Days Of Inventory Outstanding72.7969.3344.9457
Slightly volatile
Days Of Sales Outstanding458436180
Slightly volatile
Price To Book Ratio0.540.5619.7061
Slightly volatile
Fixed Asset Turnover18.0810.122.8994
Pretty Stable
Enterprise Value Multiple4.024.2399.087
Slightly volatile
Debt Ratio0.10.08470.1195
Slightly volatile
Price Sales Ratio3.333.5110.7005
Slightly volatile
Return On Assets0.03230.0340.1045
Pretty Stable
Asset Turnover0.140.150.8955
Slightly volatile
Net Profit Margin0.20.210.1698
Slightly volatile
Gross Profit Margin0.40.380.3992
Slightly volatile
Price Fair Value0.540.5619.7061
Slightly volatile
Return On Equity0.04040.04250.1618
Slightly volatile

Hitek Global Valuation Data

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap15.2 M16 M70.7 M
Slightly volatile
Enterprise Value7.9 M8.3 M69.3 M
Slightly volatile

Hitek Fundamental Market Drivers

Cash And Short Term Investments18.1 M

Hitek Upcoming Events

25th of April 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

About Hitek Global Financial Statements

Hitek Global shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Hitek Global investors may analyze each financial statement separately, they are all interrelated. The changes in Hitek Global's assets and liabilities, for example, are also reflected in the revenues and expenses on on Hitek Global's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue154.2 K146.5 K
Total Revenue4.1 M5 M
Cost Of Revenue2.4 M2.3 M
Sales General And Administrative To Revenue 0.36  0.38 
Capex To Revenue 0.10  0.13 
Revenue Per Share 0.40  0.50 
Ebit Per Revenue 0.03  0.02 

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