Hitek Operating Income from 2010 to 2025

HKIT Stock   1.25  0.01  0.79%   
Hitek Global Operating Income yearly trend continues to be comparatively stable with very little volatility. Operating Income will likely drop to about 86.4 K in 2025. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit Hitek Global Ordinary generates from its operations. View All Fundamentals
 
Operating Income  
First Reported
2010-12-31
Previous Quarter
91 K
Current Value
86.4 K
Quarterly Volatility
988.3 K
 
Credit Downgrade
 
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 Operating Income Growth Pattern

Below is the plot of the Operating Income of Hitek Global Ordinary over the last few years. Operating Income is the amount of profit realized from Hitek Global Ordinary operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Hitek Global Ordinary is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Hitek Global's Operating Income 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.
Operating Income10 Years Trend
Slightly volatile
   Operating Income   
       Timeline  

Hitek Operating Income Regression Statistics

Arithmetic Mean1,971,344
Geometric Mean1,292,671
Coefficient Of Variation50.14
Mean Deviation774,664
Median2,597,723
Standard Deviation988,335
Sample Variance976.8B
Range2.7M
R-Value(0.82)
Mean Square Error350.2B
R-Squared0.67
Significance0.0001
Slope(169,330)
Total Sum of Squares14.7T

Hitek Operating Income History

202586.4 K
202491 K
2023101.1 K
20221.6 M
20212.1 M
20201.8 M
20192.2 M

About Hitek Global Financial Statements

Hitek Global shareholders use historical fundamental indicators, such as Operating 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
Operating Income91 K86.4 K

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Additional Tools for Hitek Stock Analysis

When running Hitek Global's price analysis, check to measure Hitek Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hitek Global is operating at the current time. Most of Hitek Global's value examination focuses on studying past and present price action to predict the probability of Hitek Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hitek Global's price. Additionally, you may evaluate how the addition of Hitek Global to your portfolios can decrease your overall portfolio volatility.