Hitek Global Ordinary Stock Fundamentals
| HKIT Stock | 5.00 3.71 287.60% |
Hitek Global Ordinary fundamentals help investors to digest information that contributes to Hitek Global's financial success or failures. It also enables traders to predict the movement of Hitek Stock. The fundamental analysis module provides a way to measure Hitek Global's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Hitek Global stock.
At this time, Hitek Global's Net Income is comparatively stable compared to the past year. Research Development is likely to gain to about 40.7 K in 2024, whereas Interest Expense is likely to drop slightly above 160.3 K in 2024. Hitek | Select Account or Indicator |
Hitek Global Ordinary Company Profit Margin Analysis
Hitek Global's Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Current Hitek Global Profit Margin | 0.16 % |
Most of Hitek Global's fundamental indicators, such as Profit Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Hitek Global Ordinary is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Hitek Profit Margin Historical Pattern
Today, most investors in Hitek Global Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Hitek Global's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's profit margin growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Hitek Global profit margin as a starting point in their analysis.
Hitek Global Profit Margin |
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In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
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Hitek Pretax Profit Margin
Pretax Profit Margin |
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Based on the latest financial disclosure, Hitek Global Ordinary has a Profit Margin of 0.1587%. This is 112.21% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The profit margin for all United States stocks is 112.5% lower than that of the firm.
Hitek Global Ordinary Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Hitek Global's current stock value. Our valuation model uses many indicators to compare Hitek Global value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Hitek Global competition to find correlations between indicators driving Hitek Global's intrinsic value. More Info.Hitek Global Ordinary is rated # 5 in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Hitek Global's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Hitek Global by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Hitek Profit Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hitek Global's direct or indirect competition against its Profit Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Hitek Global could also be used in its relative valuation, which is a method of valuing Hitek Global by comparing valuation metrics of similar companies.Hitek Global is currently under evaluation in profit margin category among its peers.
Hitek Global Current Valuation Drivers
We derive many important indicators used in calculating different scores of Hitek Global from analyzing Hitek Global's financial statements. These drivers represent accounts that assess Hitek Global's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Hitek Global's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Enterprise Value | 85.9M | 84.8M | 81.2M | 62.6M | 7.2M | 6.9M |
Hitek Fundamentals
| Return On Equity | 0.0202 | ||||
| Return On Asset | -0.0127 | ||||
| Profit Margin | 0.16 % | ||||
| Operating Margin | (0.20) % | ||||
| Current Valuation | 15.87 M | ||||
| Shares Outstanding | 21.11 M | ||||
| Shares Owned By Insiders | 29.43 % | ||||
| Shares Owned By Institutions | 0.10 % | ||||
| Number Of Shares Shorted | 18.01 K | ||||
| Price To Book | 1.37 X | ||||
| Price To Sales | 11.21 X | ||||
| Revenue | 4.56 M | ||||
| Gross Profit | 3.88 M | ||||
| EBITDA | 154.89 K | ||||
| Net Income | 1.05 M | ||||
| Total Debt | 2.61 M | ||||
| Book Value Per Share | 1.96 X | ||||
| Cash Flow From Operations | 1.63 M | ||||
| Short Ratio | 0.56 X | ||||
| Earnings Per Share | 0.04 X | ||||
| Number Of Employees | 48 | ||||
| Market Capitalization | 38.68 M | ||||
| Total Asset | 36.23 M | ||||
| Retained Earnings | 11.39 M | ||||
| Working Capital | 21.41 M | ||||
| Net Asset | 36.23 M |
About Hitek Global Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Hitek Global Ordinary's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hitek Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hitek Global Ordinary based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 171.4 K | 162.8 K | |
| Total Revenue | 4.6 M | 5 M | |
| Cost Of Revenue | 2.6 M | 2.3 M | |
| Sales General And Administrative To Revenue | 0.40 | 0.42 | |
| Capex To Revenue | 0.15 | 0.14 | |
| Revenue Per Share | 0.34 | 0.50 | |
| Ebit Per Revenue | 0.02 | 0.02 |
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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.