Hitek Global Inc. (HKIT)

Hitek Global Statistics

Total Valuation

Hitek Global has a market cap or net worth of $39.55 million. The enterprise value is $13.08 million.

Market Cap	39.55M
Enterprise Value	13.08M

Important Dates

The last earnings date was Tuesday, April 29, 2025, before market open.

Earnings Date	Apr 29, 2025
Ex-Dividend Date	n/a

Share Statistics

Hitek Global has 29.30 million shares outstanding. The number of shares has increased by 55.41% in one year.

Current Share Class	21.11M
Shares Outstanding	29.30M
Shares Change (YoY)	+55.41%
Shares Change (QoQ)	+86.31%
Owned by Insiders (%)	24.01%
Owned by Institutions (%)	0.18%
Float	6.01M

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	9.86
Forward PS	n/a
PB Ratio	1.15
P/TBV Ratio	1.15
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	4.50
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

The company has a current ratio of 13.08, with a Debt / Equity ratio of 0.07.

Current Ratio	13.08
Quick Ratio	12.26
Debt / Equity	0.07
Debt / EBITDA	n/a
Debt / FCF	n/a
Interest Coverage	-5.57

Financial Efficiency

Return on equity (ROE) is -2.82% and return on invested capital (ROIC) is -3.18%.

Return on Equity (ROE)	-2.82%
Return on Assets (ROA)	-2.84%
Return on Invested Capital (ROIC)	-3.18%
Return on Capital Employed (ROCE)	-4.49%
Revenue Per Employee	$96,832
Profits Per Employee	-$29,890
Employee Count	30
Asset Turnover	0.08
Inventory Turnover	5.33

Taxes

In the past 12 months, Hitek Global has paid $39,747 in taxes.

Income Tax	39,747
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -20.59% in the last 52 weeks. The beta is 1.49, so Hitek Global's price volatility has been higher than the market average.

Beta (5Y)	1.49
52-Week Price Change	-20.59%
50-Day Moving Average	1.29
200-Day Moving Average	1.34
Relative Strength Index (RSI)	50.31
Average Volume (20 Days)	21,520

Short Selling Information

The latest short interest is 5,666, so 0.02% of the outstanding shares have been sold short.

Short Interest	5,666
Short Previous Month	4,060
Short % of Shares Out	0.02%
Short % of Float	0.09%
Short Ratio (days to cover)	0.26

Income Statement

In the last 12 months, Hitek Global had revenue of $2.90 million and -$896,690 in losses. Loss per share was -$0.04.

Revenue	2.90M
Gross Profit	1.01M
Operating Income	-1.75M
Pretax Income	1.59M
Net Income	-896,690
EBITDA	-1.49M
EBIT	-1.75M
Loss Per Share	-$0.04

Balance Sheet

The company has $30.17 million in cash and $2.53 million in debt, giving a net cash position of $27.63 million or $0.94 per share.

Cash & Cash Equivalents	30.17M
Total Debt	2.53M
Net Cash	27.63M
Net Cash Per Share	$0.94
Equity (Book Value)	35.27M
Book Value Per Share	1.20
Working Capital	31.57M

Cash Flow

Operating Cash Flow	-688,538
Capital Expenditures	n/a
Free Cash Flow	-688,538
FCF Per Share	-$0.02

Margins

Gross margin is 34.63%, with operating and profit margins of -60.14% and -30.87%.

Gross Margin	34.63%
Operating Margin	-60.14%
Pretax Margin	-29.50%
Profit Margin	-30.87%
EBITDA Margin	-51.21%
EBIT Margin	-60.14%
FCF Margin	n/a

Dividends & Yields

Hitek Global does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-55.41%
Shareholder Yield	-55.41%
Earnings Yield	-2.20%
FCF Yield	-1.69%

Analyst Forecast

Price Target	n/a
Price Target Difference	n/a
Analyst Consensus	n/a
Analyst Count	n/a
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	n/a
Lynch Upside	n/a
Graham Number	n/a
Graham Upside	n/a

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

Hitek Global has an Altman Z-Score of 4.01 and a Piotroski F-Score of 3.

Altman Z-Score	4.01
Piotroski F-Score	3