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 | 382 |
FTD / Avg. Volume | 1.6% |
Short Selling Information
The latest short interest is 6.99K, so 0.03% of the outstanding shares have been sold short.
Short Interest | 6.99K |
Short % of Shares Out | 0.03% |
Short % of Float | 0.12% |
Short Ratio (days to cover) | 0.13 |
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 | null |
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 -21.47% 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 | -21.47% |
50-Day Moving Average | 1.27 |
200-Day Moving Average | 1.41 |
Relative Strength Index (RSI) | 48.89 |
Average Volume (20 Days) | 23.87K |
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 |