Hitek Global Inc.

1.28
0.02 (1.59%)
At close: Apr 02, 2025, 3:53 PM
1.27
-1.17%
After-hours: Apr 02, 2025, 06:50 PM EDT

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
Financial Ratio History

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
Full Income Statement

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
Full Balance Sheet

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
Full Cash Flow Statement

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%
Dividend Details

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
Stock Forecasts

Scores

Altman Z-Score 2.37
Piotroski F-Score 5