HKIT
Hitek Global Inc. [HKIT] Stock Forecast
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RSI : 000
HKIT Stock Summary
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HKIT Financial details
Company Rating
Neutral
Market Cap
15.54M
Income
1.75M
Revenue
7.82M
Book val./share
1.97
Cash/share
1.26
Dividend
-
Dividend %
-
Employees
60
Optionable
No
Shortable
Yes
Earnings
25 Apr 2024
P/E
6.2
Forward P/E
-
PEG
20.67
P/S
1.79
P/B
0.65
P/C
0.9
P/FCF
-6.42
Quick Ratio
2.44
Current Ratio
2.88
Debt / Equity
0.09
LT Debt / Equity
0.07
-
-
EPS (TTM)
0.13
EPS next Y
-
EPS next Q
-
EPS this Y
-39.23%
EPS next Y
-
EPS next 5Y
-
EPS last 5Y
-9.48%
Revenue last 5Y
-8.03%
Revenue Q/Q
-45.2%
EPS Q/Q
-31.48%
-
-
-
-
SMA20
-23.93%
SMA50
79.71%
SMA100
0.81%
Inst Own
0.88%
Inst Trans
0.88%
ROA
7%
ROE
11%
ROC
0.1%
Gross Margin
55%
Oper. Margin
25%
Profit Margin
22%
Payout
-
Shs Outstand
-
Shs Float
-
-
-
-
-
Target Price
-
52W Range
0.543-39.796
52W High
-
52W Low
-
RSI
37.81
Rel Volume
0.06
Avg Volume
2.2M
Volume
132.52K
Perf Week
-17.39%
Perf Month
-36.67%
Perf Quarter
-19.72%
Perf Half Y
-39.36%
-
-
-
-
Beta
1.67399
-
-
Volatility
0.1%, 0.21%
Prev Close
-2.56%
Price
1.14
Change
-2.56%
HKIT Financial Performance
Yearly Fundamentals Overview
Last date of statement is 2023-12-31
| Metric | History | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|---|---|---|
| 2.02K | 2.02K | 2.02K | 2.02K | 2.02K | ||
| Revenue per share | 0.44 | 0.37 | 0.43 | 0.59 | 0.34 | |
| Net income per share | 0.13 | 0.11 | 0.11 | 0.13 | 0.08 | |
| Operating cash flow per share | 0 | 0.12 | -0.01 | 0.35 | 0.12 | |
| Free cash flow per share | 0 | 0.1 | -0.02 | -0.16 | 0.07 | |
| Cash per share | 0.18 | 0.3 | 0.49 | 0.5 | 1.37 | |
| Book value per share | 0.57 | 0.72 | 0.88 | 1.23 | 2.14 | |
| Tangible book value per share | 0.57 | 0.72 | 0.88 | 1.23 | 2.14 | |
| Share holders equity per share | 0.57 | 0.72 | 0.88 | 1.23 | 2.14 | |
| Interest debt per share | 0 | 0 | 0 | 0.22 | 0.22 | |
| Market cap | 86.67M | 86.67M | 83.33M | 61.09M | 13.92M | |
| Enterprise value | 85.89M | 84.81M | 81.24M | 62.57M | 7.22M | |
| P/E ratio | 42.93 | 51.32 | 49.92 | 43.15 | 13.29 | |
| Price to sales ratio | 12.5 | 14.93 | 12.9 | 9.5 | 3.05 | |
| POCF ratio | 2K | 44.84 | -388.36 | 15.98 | 8.52 | |
| PFCF ratio | 2K | 57.68 | -346.99 | -34.08 | 14.52 | |
| P/B Ratio | 9.68 | 7.76 | 6.35 | 4.52 | 0.49 | |
| PTB ratio | 9.68 | 7.76 | 6.35 | 4.52 | 0.49 | |
| EV to sales | 12.39 | 14.61 | 12.57 | 9.73 | 1.58 | |
| Enterprise value over EBITDA | 32.54 | 39.73 | 34.38 | 37.28 | 46.61 | |
| EV to operating cash flow | 1.99K | 43.88 | -378.61 | 16.36 | 4.42 | |
| EV to free cash flow | 1.99K | 56.44 | -338.28 | -34.91 | 7.53 | |
| Earnings yield | 0.02 | 0.02 | 0.02 | 0.02 | 0.08 | |
| Free cash flow yield | 0 | 0.02 | 0 | -0.03 | 0.07 | |
| Debt to equity | 0 | 0 | 0 | 0.2 | 0.09 | |
| Debt to assets | 0 | 0 | 0 | 0.13 | 0.07 | |
| Net debt to EBITDA | -0.29 | -0.87 | -0.89 | 0.88 | -43.27 | |
| Current ratio | 4.08 | 4.53 | 4.65 | 2.88 | 7.35 | |
| Interest coverage | 453 | 0 | 0 | -6.73 | 0.32 | |
| Income quality | 0.02 | 1.14 | -0.13 | 2.7 | 1.56 | |
| Dividend Yield | 0 | 0 | 0 | 0 | 0 | |
| Payout ratio | 0 | 0 | 0 | 0 | 0 | |
| Sales general and administrative to revenue | 0.18 | 0.24 | 0.26 | 0.23 | 0 | |
| Research and developement to revenue | 0 | 0.01 | 0.01 | 0.01 | 0.01 | |
| Intangibles to total assets | -0.28 | -0.24 | -0.26 | -0.4 | 0 | |
| Capex to operating cash flow | 0 | -0.22 | 0.12 | -1.47 | -0.41 | |
| Capex to revenue | 0 | -0.07 | 0 | -0.87 | -0.15 | |
| Capex to depreciation | 0 | -1.14 | -0.07 | -256.69 | -12.56 | |
| Stock based compensation to revenue | 0 | -0.02 | -0.04 | 0 | 0.3 | |
| Graham number | 1.29 | 1.32 | 1.48 | 1.89 | 1.95 | |
| ROIC | 0.21 | 0.14 | 0.12 | 0.08 | 0 | |
| Return on tangible assets | 0.14 | 0.09 | 0.08 | 0.05 | 0.03 | |
| Graham Net | 0.21 | 0.28 | 0.39 | 0.15 | 1.14 | |
| Working capital | 6.06M | 8.39M | 10.18M | 7.9M | 21.41M | |
| Tangible asset value | 12.2M | 14.67M | 17.57M | 22.08M | 28.34M | |
| Net current asset value | 5.49M | 7.54M | 8.95M | 4.42M | 16.89M | |
| Invested capital | 0 | 0 | 0 | 0.2 | 0.09 | |
| Average receivables | 2.83M | 3.83M | 3.49M | 3.93M | 5.41M | |
| Average payables | 204.08K | 282.32K | 449.08K | 607.74K | 614.43K | |
| Average inventory | 292.78K | 316.43K | 264.42K | 419.85K | 494.17K | |
| Days sales outstanding | 198.09 | 244.89 | 174.47 | 271.08 | 484.28 | |
| Days payables outstanding | 21.2 | 52.59 | 73.35 | 87.95 | 72.03 | |
| Days of inventory on hand | 58.72 | 16.61 | 57.84 | 54.36 | 75.49 | |
| Receivables turnover | 1.84 | 1.49 | 2.09 | 1.35 | 0.75 | |
| Payables turnover | 17.22 | 6.94 | 4.98 | 4.15 | 5.07 | |
| Inventory turnover | 6.22 | 21.98 | 6.31 | 6.71 | 4.83 | |
| ROE | 0.23 | 0.15 | 0.13 | 0.1 | 0.04 | |
| Capex per share | 0 | -0.03 | 0 | -0.51 | -0.05 |
Quarterly Fundamentals Overview
Last date of statement is 2023-12-31 for Q4
| Metric | History | 2022-09-30 | 2022-12-31 | 2023-03-31 | 2023-06-30 | 2023-12-31 |
|---|---|---|---|---|---|---|
| 2.02K | 2.02K | 2.02K | 2.02K | 2.02K | ||
| Revenue per share | 0.16 | 0.16 | 0.12 | 0.2 | 0.11 | |
| Net income per share | 0.04 | 0.04 | 0.03 | 0.04 | 0.03 | |
| Operating cash flow per share | -0.02 | -0.02 | 0.01 | -0.01 | 0.13 | |
| Free cash flow per share | -0.02 | -0.01 | 0 | -0.05 | 0.09 | |
| Cash per share | 0.28 | 0.5 | 1.01 | 0.85 | 1.26 | |
| Book value per share | 1.23 | 1.23 | 2.14 | 1.8 | 1.97 | |
| Tangible book value per share | 1.23 | 1.23 | 2.14 | 1.8 | 1.97 | |
| Share holders equity per share | 1.23 | 1.23 | 2.14 | 1.8 | 1.97 | |
| Interest debt per share | 0.2 | 0.24 | 0 | 0.19 | 0.19 | |
| Market cap | 61.09M | 61.09M | 67.4M | 70.67M | 15.11M | |
| Enterprise value | 59.89M | 62.57M | 61.91M | 67.73M | 8.41M | |
| P/E ratio | 39.3 | 39.3 | 54.18 | 28.4 | 8.88 | |
| Price to sales ratio | 34.23 | 34.23 | 45.73 | 23.97 | 9.35 | |
| POCF ratio | -306.79 | -306.79 | 671.11 | -354.21 | 8.24 | |
| PFCF ratio | -306.79 | -624.92 | 2.23K | -102.91 | 11.64 | |
| P/B Ratio | 4.52 | 4.52 | 2.6 | 2.72 | 0.53 | |
| PTB ratio | 4.52 | 4.52 | 2.6 | 2.72 | 0.53 | |
| EV to sales | 33.56 | 35.06 | 42 | 22.97 | 5.21 | |
| Enterprise value over EBITDA | 136.73 | 142.86 | 236.79 | 129.13 | -22.76 | |
| EV to operating cash flow | -300.75 | -314.23 | 616.4 | -339.47 | 4.59 | |
| EV to free cash flow | -300.75 | -640.07 | 2.05K | -98.63 | 6.48 | |
| Earnings yield | 0.01 | 0.01 | 0 | 0.01 | 0.03 | |
| Free cash flow yield | 0 | 0 | 0 | -0.01 | 0.09 | |
| Debt to equity | 0.16 | 0.2 | 0 | 0.1 | 0.09 | |
| Debt to assets | 0.1 | 0.13 | 0 | 0.08 | 0.07 | |
| Net debt to EBITDA | -2.75 | 3.38 | -21.02 | -5.61 | 18.13 | |
| Current ratio | 2.88 | 2.88 | 3.92 | 3.92 | 7.35 | |
| Interest coverage | 0 | -120.59 | 0 | 3.17 | -2.65 | |
| Income quality | -0.51 | -0.51 | 0.32 | -0.32 | 4.31 | |
| Dividend Yield | 0 | 0 | 0 | 0 | 0 | |
| Payout ratio | 0 | 0 | 0 | 0 | 0 | |
| Sales general and administrative to revenue | 0.2 | 0.2 | 0.34 | 0.17 | 0 | |
| Research and developement to revenue | 0 | 0 | 0 | 0.01 | 0.01 | |
| Intangibles to total assets | 0 | 0 | 0 | -0.03 | 0 | |
| Capex to operating cash flow | 0 | -0.51 | -0.7 | 2.44 | -0.29 | |
| Capex to revenue | 0 | 0.06 | -0.05 | -0.17 | -0.33 | |
| Capex to depreciation | 0 | 19.28 | -8.37 | -29.03 | -14.45 | |
| Stock based compensation to revenue | 0 | 0.18 | 0 | -0.14 | 1.1 | |
| Graham number | 0.99 | 0.99 | 1.11 | 1.32 | 1.14 | |
| ROIC | 0.02 | 0.02 | 0.01 | 0.01 | -0.01 | |
| Return on tangible assets | 0.02 | 0.02 | 0.01 | 0.02 | 0.01 | |
| Graham Net | -0.13 | 0.15 | 0.51 | 0.84 | 1.05 | |
| Working capital | 7.9M | 7.9M | 16.67M | 16.67M | 21.41M | |
| Tangible asset value | 13.53M | 13.53M | 25.96M | 26.82M | 28.34M | |
| Net current asset value | 4.42M | 4.42M | 15.15M | 15.15M | 16.89M | |
| Invested capital | 0.16 | 0.2 | 0 | 0.1 | 0.09 | |
| Average receivables | 4.08M | 4.22M | 3.02M | 5.17M | 0 | |
| Average payables | 607.13K | 696.73K | 628.15K | 559.57K | 0 | |
| Average inventory | 762.3K | 671.55K | 443.59K | 456.52K | 0 | |
| Days sales outstanding | 185.1 | 240.76 | 77.14 | 277.14 | 337.31 | |
| Days payables outstanding | 66.97 | 66.97 | 69.52 | 34.36 | 38.91 | |
| Days of inventory on hand | 87.71 | 41.4 | 56.72 | 28.03 | 40.78 | |
| Receivables turnover | 0.49 | 0.37 | 1.17 | 0.32 | 0.27 | |
| Payables turnover | 1.34 | 1.34 | 1.29 | 2.62 | 2.31 | |
| Inventory turnover | 1.03 | 2.17 | 1.59 | 3.21 | 2.21 | |
| ROE | 0.03 | 0.03 | 0.01 | 0.02 | 0.02 | |
| Capex per share | 0 | 0.01 | -0.01 | -0.03 | -0.04 |
HKIT Frequently Asked Questions
What is Hitek Global Inc. stock symbol ?
Hitek Global Inc. is a CN stock and trading under the symbol HKIT
What is Hitek Global Inc. stock quote today ?
Hitek Global Inc. stock price is $1.14 today.
Is Hitek Global Inc. stock public?
Yes, Hitek Global Inc. is a publicly traded company.
Company Profile
- Volume Average 2.2M
- Market Capitalization 15.54M
- Employee 60
- CEO Ms. Xiaoyang Huang
- Headquarters Xiamen,CN
- IPO Date 2023-03-31
-
Website
http://www.xmhitek.com 
Hitek Global Inc. provides information technology (IT) consulting and solutions to business in various industry sectors in China. It offers services to small and medium businesses, which consist of anti-counterfeiting tax control system (ACTCS) tax devices, including golden tax disk and printers, ACTCS services, and IT services; and sells hardware to large businesses, such as laptops, printers, desktop computers and related accessories, as well as Internet servers, cameras, and monitors. Hitek Global Inc. was founded in 1996 and is headquartered in Xiamen, China.
