Hitek Global Inc. (HKIT)
NASDAQ: HKIT · Real-Time Price · USD
1.320
-0.020 (-1.49%)
Nov 21, 2024, 11:07 AM EST - Market open

Hitek Global Statistics

Total Valuation

Hitek Global has a market cap or net worth of $38.68 million. The enterprise value is $15.87 million.

Market Cap 38.68M
Enterprise Value 15.87M

Important Dates

The next estimated earnings date is Friday, November 29, 2024, before market open.

Earnings Date Nov 29, 2024
Ex-Dividend Date n/a

Share Statistics

Hitek Global has 29.30 million shares outstanding. The number of shares has increased by 24.55% in one year.

Current Share Class 21.11M
Shares Outstanding 29.30M
Shares Change (YoY) +24.55%
Shares Change (QoQ) n/a
Owned by Insiders (%) 24.82%
Owned by Institutions (%) 0.10%
Float 5.77M

Valuation Ratios

The trailing PE ratio is 34.71.

PE Ratio 34.71
Forward PE n/a
PS Ratio 5.51
Forward PS n/a
PB Ratio 0.68
P/TBV Ratio 1.34
P/FCF Ratio 86.79
P/OCF Ratio 76.92
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings 28.99
EV / Sales 4.60
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF 36.43

Financial Position

The company has a current ratio of 6.88, with a Debt / Equity ratio of 0.09.

Current Ratio 6.88
Quick Ratio 5.20
Debt / Equity 0.09
Debt / EBITDA n/a
Debt / FCF 5.85
Interest Coverage -2.53

Financial Efficiency

Return on equity (ROE) is 2.02% and return on invested capital (ROIC) is -1.64%.

Return on Equity (ROE) 2.02%
Return on Assets (ROA) -1.27%
Return on Capital (ROIC) -1.64%
Revenue Per Employee $71,858
Profits Per Employee $11,403
Employee Count 48
Asset Turnover 0.09
Inventory Turnover 6.27

Taxes

In the past 12 months, Hitek Global has paid $391,521 in taxes.

Income Tax 391,521
Effective Tax Rate 41.70%

Stock Price Statistics

Beta (5Y) n/a
52-Week Price Change n/a
50-Day Moving Average 1.41
200-Day Moving Average n/a
Relative Strength Index (RSI) 41.39
Average Volume (20 Days) 18,179

Short Selling Information

The latest short interest is 18,008, so 0.06% of the outstanding shares have been sold short.

Short Interest 18,008
Short Previous Month 23,841
Short % of Shares Out 0.06%
Short % of Float 0.31%
Short Ratio (days to cover) 0.56

Income Statement

In the last 12 months, Hitek Global had revenue of $3.45 million and earned $547,329 in profits. Earnings per share was $0.04.

Revenue 3.45M
Gross Profit 1.38M
Operating Income -778,494
Pretax Income 1.59M
Net Income 547,329
EBITDA -624,238
EBIT -778,494
Earnings Per Share (EPS) $0.04
Full Income Statement

Balance Sheet

The company has $25.36 million in cash and $2.55 million in debt, giving a net cash position of $22.81 million or $0.78 per share.

Cash & Cash Equivalents 25.36M
Total Debt 2.55M
Net Cash 22.81M
Net Cash Per Share $0.78
Equity (Book Value) 28.14M
Book Value Per Share 1.96
Working Capital 31.87M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $491,342 and capital expenditures -$55,828, giving a free cash flow of $435,514.

Operating Cash Flow 491,342
Capital Expenditures -55,828
Free Cash Flow 435,514
FCF Per Share $0.01
Full Cash Flow Statement

Margins

Gross margin is 39.87%, with operating and profit margins of -22.57% and 15.87%.

Gross Margin 39.87%
Operating Margin -22.57%
Pretax Margin 27.22%
Profit Margin 15.87%
EBITDA Margin -18.10%
EBIT Margin -22.57%
FCF Margin -16.17%

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 -24.55%
Shareholder Yield -24.55%
Earnings Yield 1.45%
FCF Yield 1.15%

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

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 3.37 and a Piotroski F-Score of 3.

Altman Z-Score 3.37
Piotroski F-Score 3