Hitek Retained Earnings from 2010 to 2025

HKIT Stock   1.41  0.02  1.40%   
Hitek Global Retained Earnings yearly trend continues to be comparatively stable with very little volatility. Retained Earnings will likely drop to about 7.8 M in 2025. Retained Earnings is the cumulative amount of net income that Hitek Global Ordinary retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. View All Fundamentals
 
Retained Earnings  
First Reported
2010-12-31
Previous Quarter
13.1 M
Current Value
7.8 M
Quarterly Volatility
M
 
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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 Retained Earnings Growth Pattern

Below is the plot of the Retained Earnings of Hitek Global Ordinary over the last few years. It is the cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. Hitek Global's Retained Earnings 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.
ViewLast Reported 11.39 M10 Years Trend
Slightly volatile
   Retained Earnings   
       Timeline  

Hitek Retained Earnings Regression Statistics

Arithmetic Mean5,209,752
Geometric Mean3,858,330
Coefficient Of Variation77.53
Mean Deviation3,530,763
Median3,835,590
Standard Deviation4,039,317
Sample Variance16.3T
Range11.2M
R-Value0.88
Mean Square Error3.9T
R-Squared0.77
Slope746,685
Total Sum of Squares244.7T

Hitek Retained Earnings History

20257.8 M
202413.1 M
202311.4 M
202210.3 M
2021M
20207.4 M
20195.7 M

About Hitek Global Financial Statements

Hitek Global shareholders use historical fundamental indicators, such as Retained Earnings, 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
Retained Earnings13.1 M7.8 M

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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.