The Hi Tech Gears Stock Net Income
| HITECHGEAR | 565.80 10.75 1.94% |
The Hi Tech Gears fundamentals help investors to digest information that contributes to Hi-Tech Gears' financial success or failures. It also enables traders to predict the movement of Hi-Tech Stock. The fundamental analysis module provides a way to measure Hi-Tech Gears' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Hi-Tech Gears stock.
| Last Reported | Projected for Next Year | ||
| Net Income | 1.3 B | 1.4 B | |
| Net Income From Continuing Ops | 1.3 B | 1.4 B | |
| Net Income Applicable To Common Shares | 208 M | 163.6 M |
Hi-Tech | Net Income |
The Hi Tech Gears Company Net Income Analysis
Hi-Tech Gears' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Hi-Tech Gears Net Income | 1.14 B |
Most of Hi-Tech Gears' fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, The Hi Tech Gears is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Hi-Tech Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
|
Based on the recorded statements, The Hi Tech Gears reported net income of 1.14 B. This is 123.74% higher than that of the Automobile Components sector and significantly higher than that of the Consumer Discretionary industry. The net income for all India stocks is 100.1% lower than that of the firm.
Hi-Tech Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hi-Tech Gears' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Hi-Tech Gears could also be used in its relative valuation, which is a method of valuing Hi-Tech Gears by comparing valuation metrics of similar companies.Hi Tech is currently under evaluation in net income category among its peers.
Hi-Tech Fundamentals
| Return On Equity | 0.12 | |||
| Return On Asset | 0.0668 | |||
| Profit Margin | 0.05 % | |||
| Operating Margin | 0.05 % | |||
| Current Valuation | 13 B | |||
| Shares Outstanding | 18.79 M | |||
| Shares Owned By Insiders | 74.57 % | |||
| Shares Owned By Institutions | 2.11 % | |||
| Price To Book | 2.17 X | |||
| Price To Sales | 1.09 X | |||
| Revenue | 11.07 B | |||
| Gross Profit | 4.88 B | |||
| EBITDA | 2.37 B | |||
| Net Income | 1.14 B | |||
| Cash And Equivalents | 96.59 M | |||
| Total Debt | 2.98 B | |||
| Book Value Per Share | 261.01 X | |||
| Cash Flow From Operations | 1.17 B | |||
| Earnings Per Share | 25.74 X | |||
| Number Of Employees | 552 | |||
| Beta | 1.42 | |||
| Market Capitalization | 10.92 B | |||
| Total Asset | 9.08 B | |||
| Retained Earnings | 4.09 B | |||
| Working Capital | 1.22 B | |||
| Annual Yield | 0.01 % | |||
| Net Asset | 9.08 B |
About Hi-Tech Gears Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze The Hi Tech Gears's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hi-Tech Gears using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of The Hi Tech Gears based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.| ZLAB | Zai Lab | |
| ASLE | AerSale Corp | |
| ATS | AT S Austria |
Other Information on Investing in Hi-Tech Stock
Hi-Tech Gears financial ratios help investors to determine whether Hi-Tech Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Hi-Tech with respect to the benefits of owning Hi-Tech Gears security.