Hitek Gross Profit from 2010 to 2025

HKIT Stock

5.00 3.67 275.94%

Hitek Global Gross Profit yearly trend continues to be comparatively stable with very little volatility. Gross Profit is likely to outpace its year average in 2025. Gross Profit is the profit Hitek Global Ordinary makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals

Gross Profit

First Reported

2010-12-31

Previous Quarter

1.7 M

Current Value

2.7 M

Quarterly Volatility

668.5 K

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Yuan Drop

Covid

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.

Latest Hitek Global's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Hitek Global Ordinary over the last few years. Gross profit is a required income statement account that reflects total revenue of Hitek Global Ordinary minus its cost of goods sold. It is profit before Hitek Global operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Hitek Global's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hitek Global's overall financial position and show how it may be relating to other accounts over time.

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Last Reported 1.38 M

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Gross Profit

Timeline

Hitek Gross Profit Regression Statistics

	Arithmetic Mean	3,376,245
	Geometric Mean	3,293,905
	Coefficient Of Variation	19.80
	Mean Deviation	495,264
	Median	3,679,821
	Standard Deviation	668,539
	Sample Variance	446.9B
	Range	2.2M
	R-Value	(0.64)
	Mean Square Error	282.7B
	R-Squared	0.41
	Significance	0.01
	Slope	(89,878)
	Total Sum of Squares	6.7T

Hitek Gross Profit History

	2025	2.7 M
	2024	1.7 M
	2023	1.9 M
	2022	3.5 M
	2021	3.9 M
	2020	3.2 M
	2019	3.7 M

Other Fundumenentals of Hitek Global Ordinary

Gross Profit Margin

Hitek Global Gross Profit component correlations

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Short Term Investments	Total Liab	Net Invested Capital	Total Current Assets	Net Working Capital	Common Stock	Property Plant Equipment	Capital Stock	Long Term Debt	Short Long Term Debt	Short Term Debt
Total Assets		1.0	0.79	-0.93	-0.85	0.85	0.6	0.87	0.99	0.84	1.0	0.99	0.98	0.83	-0.31	0.84	-0.83	-0.83	0.94
Total Stockholder Equity	1.0		0.77	-0.95	-0.88	0.83	0.55	0.85	0.99	0.8	1.0	1.0	0.99	0.84	-0.29	0.86	-0.84	-0.84	0.96
Net Tangible Assets	0.79	0.77		-0.62	-0.54	0.99	0.65	0.91	0.76	0.9	0.77	0.74	0.71	0.64	-0.15	0.64	-0.4	-0.4	0.58
Current Deferred Revenue	-0.93	-0.95	-0.62		0.97	-0.69	-0.34	-0.76	-0.93	-0.64	-0.94	-0.95	-0.96	-0.87	0.2	-0.89	0.82	0.82	-0.98
Net Debt	-0.85	-0.88	-0.54	0.97		-0.61	-0.31	-0.68	-0.88	-0.55	-0.86	-0.9	-0.92	-0.85	0.28	-0.86	0.73	0.73	-0.93
Retained Earnings	0.85	0.83	0.99	-0.69	-0.61		0.67	0.95	0.82	0.94	0.83	0.8	0.78	0.71	-0.17	0.72	-0.47	-0.47	0.67
Accounts Payable	0.6	0.55	0.65	-0.34	-0.31	0.67		0.63	0.61	0.82	0.58	0.58	0.54	0.51	-0.72	0.51	-0.32	-0.32	0.45
Net Receivables	0.87	0.85	0.91	-0.76	-0.68	0.95	0.63		0.82	0.93	0.86	0.83	0.82	0.84	-0.22	0.84	-0.51	-0.51	0.75
Short Term Investments	0.99	0.99	0.76	-0.93	-0.88	0.82	0.61	0.82		0.8	0.99	0.99	0.99	0.83	-0.36	0.85	-0.84	-0.84	0.95
Total Liab	0.84	0.8	0.9	-0.64	-0.55	0.94	0.82	0.93	0.8		0.82	0.78	0.75	0.75	-0.33	0.75	-0.46	-0.46	0.68
Net Invested Capital	1.0	1.0	0.77	-0.94	-0.86	0.83	0.58	0.86	0.99	0.82		0.99	0.99	0.84	-0.31	0.85	-0.84	-0.84	0.96
Total Current Assets	0.99	1.0	0.74	-0.95	-0.9	0.8	0.58	0.83	0.99	0.78	0.99		1.0	0.85	-0.37	0.86	-0.85	-0.85	0.97
Net Working Capital	0.98	0.99	0.71	-0.96	-0.92	0.78	0.54	0.82	0.99	0.75	0.99	1.0		0.86	-0.36	0.87	-0.86	-0.86	0.98
Common Stock	0.83	0.84	0.64	-0.87	-0.85	0.71	0.51	0.84	0.83	0.75	0.84	0.85	0.86		-0.28	1.0	-0.63	-0.63	0.88
Property Plant Equipment	-0.31	-0.29	-0.15	0.2	0.28	-0.17	-0.72	-0.22	-0.36	-0.33	-0.31	-0.37	-0.36	-0.28		-0.29	0.27	0.27	-0.32
Capital Stock	0.84	0.86	0.64	-0.89	-0.86	0.72	0.51	0.84	0.85	0.75	0.85	0.86	0.87	1.0	-0.29		-0.65	-0.65	0.9
Long Term Debt	-0.83	-0.84	-0.4	0.82	0.73	-0.47	-0.32	-0.51	-0.84	-0.46	-0.84	-0.85	-0.86	-0.63	0.27	-0.65		1.0	-0.87
Short Long Term Debt	-0.83	-0.84	-0.4	0.82	0.73	-0.47	-0.32	-0.51	-0.84	-0.46	-0.84	-0.85	-0.86	-0.63	0.27	-0.65	1.0		-0.87
Short Term Debt	0.94	0.96	0.58	-0.98	-0.93	0.67	0.45	0.75	0.95	0.68	0.96	0.97	0.98	0.88	-0.32	0.9	-0.87	-0.87

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About Hitek Global Financial Statements

Hitek Global shareholders use historical fundamental indicators, such as Gross Profit, 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 Reported	Projected for Next Year
Gross Profit	1.7 M	2.7 M
Gross Profit Margin	0.38	0.40

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