Hitek Global Inc. (HKIT)
Hitek Global Statistics
Share Statistics
Hitek Global has 21.11M shares outstanding. The number of shares has increased by 46.66% in one year.
| Shares Outstanding | 21.11M |
| Shares Change (YoY) | 46.66% |
| Shares Change (QoQ) | 0% |
| Owned by Institutions (%) | n/a |
| Shares Floating | 5.77M |
| Failed to Deliver (FTD) Shares | 1.08K |
| FTD / Avg. Volume | 6.54% |
Short Selling Information
The latest short interest is 6.87K, so 0.02% of the outstanding shares have been sold short.
| Short Interest | 6.87K |
| Short % of Shares Out | 0.02% |
| Short % of Float | 0.03% |
| Short Ratio (days to cover) | 1 |
Valuation Ratios
The PE ratio is 13.29 and the forward PE ratio is null. Hitek Global's PEG ratio is -0.34.
| PE Ratio | 13.29 |
| Forward PE | n/a |
| PS Ratio | 3.05 |
| Forward PS | n/a |
| PB Ratio | 0.49 |
| P/FCF Ratio | -23.69 |
| PEG Ratio | -0.34 |
Enterprise Valuation
Hitek Global has an Enterprise Value (EV) of 7.22M.
| EV / Sales | 1.58 |
| EV / EBITDA | 3.68 |
| EV / EBIT | -116.6 |
| EV / FCF | -12.28 |
Financial Position
The company has a current ratio of 7.35, with a Debt / Equity ratio of 0.09.
| Current Ratio | 7.35 |
| Quick Ratio | 7.18 |
| Debt / Equity | 0.09 |
| Debt / EBITDA | 1.33 |
| Debt / FCF | -4.44 |
| Interest Coverage | 0.32 |
Financial Efficiency
Return on Equity is 3.7% and Return on Invested Capital is 0.2%.
| Return on Equity | 3.7% |
| Return on Assets | 2.96% |
| Return on Invested Capital | 0.2% |
| Revenue Per Employee | $95.08K |
| Profits Per Employee | $21.83K |
| Employee Count | 48 |
| Asset Turnover | 0.13 |
| Inventory Turnover | 4.74 |
Taxes
| Income Tax | 546.88K |
| Effective Tax Rate | 34.3% |
Stock Price Statistics
The stock price has increased by -19.87% in the last 52 weeks. The beta is 1.5, so Hitek Global's price volatility has been higher than the market average.
| Beta | 1.5 |
| 52-Week Price Change | -19.87% |
| 50-Day Moving Average | 1.25 |
| 200-Day Moving Average | 1.37 |
| Relative Strength Index (RSI) | 44.93 |
| Average Volume (20 Days) | 16.51K |
Income Statement
In the last 12 months, Hitek Global had revenue of 4.56M and earned 1.05M in profits. Earnings per share was 0.08.
| Revenue | 4.56M |
| Gross Profit | 1.92M |
| Operating Income | 101.06K |
| Net Income | 1.05M |
| EBITDA | 1.96M |
| EBIT | 1.91M |
| Earnings Per Share (EPS) | 0.08 |
Balance Sheet
The company has 9.31M in cash and 2.61M in debt, giving a net cash position of 6.7M.
| Cash & Cash Equivalents | 9.31M |
| Total Debt | 2.61M |
| Net Cash | 6.7M |
| Retained Earnings | 11.39M |
| Total Assets | 43.5M |
| Working Capital | 31.87M |
Cash Flow
In the last 12 months, operating cash flow was -61.91K and capital expenditures -525.81K, giving a free cash flow of -587.72K.
| Operating Cash Flow | -61.91K |
| Capital Expenditures | -525.81K |
| Free Cash Flow | -587.72K |
| FCF Per Share | -0.04 |
Margins
Gross margin is 42.1%, with operating and profit margins of 2.21% and 22.96%.
| Gross Margin | 42.1% |
| Operating Margin | 2.21% |
| Pretax Margin | 34.94% |
| Profit Margin | 22.96% |
| EBITDA Margin | 43% |
| EBIT Margin | 2.21% |
| FCF Margin | -12.88% |
Dividends & Yields
HKIT does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | 7.53% |
| FCF Yield | -4.22% |
Analyst Forecast
Currently there are no analyst rating for HKIT.
| Price Target | n/a |
| Price Target Difference | n/a |
| Analyst Consensus | n/a |
| Analyst Count | n/a |
Scores
| Altman Z-Score | 2.37 |
| Piotroski F-Score | 5 |