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 | 6.71% |
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 -32.86 and the forward PE ratio is null. Hitek Global's PEG ratio is 0.22.
| PE Ratio | -32.86 |
| Forward PE | n/a |
| PS Ratio | 10.14 |
| Forward PS | n/a |
| PB Ratio | 0.84 |
| P/FCF Ratio | -30.09 |
| PEG Ratio | 0.22 |
Enterprise Valuation
Currently the Enterprise Value (EV) is not available for Hitek Global.
| EV / Sales | n/a |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 13.08, with a Debt / Equity ratio of 0.07.
| Current Ratio | 13.08 |
| Quick Ratio | 13.02 |
| Debt / Equity | 0.07 |
| Debt / EBITDA | -8.94 |
| Debt / FCF | -2.59 |
| Interest Coverage | -5.57 |
Financial Efficiency
Return on Equity is n/a and Return on Invested Capital is n/a.
| Return on Equity | n/a |
| Return on Assets | n/a |
| Return on Invested Capital | n/a |
| Revenue Per Employee | $96.83K |
| Profits Per Employee | $-29.89K |
| Employee Count | 30 |
| Asset Turnover | 0.07 |
| Inventory Turnover | 12.29 |
Taxes
| Income Tax | 39.75K |
| Effective Tax Rate | -4.64% |
Stock Price Statistics
The stock price has increased by -21.94% 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 | -21.94% |
| 50-Day Moving Average | 1.25 |
| 200-Day Moving Average | 1.36 |
| Relative Strength Index (RSI) | 45.34 |
| Average Volume (20 Days) | 16.08K |
Income Statement
In the last 12 months, Hitek Global had revenue of 2.9M and earned -896.69K in profits. Earnings per share was -0.04.
| Revenue | 2.9M |
| Gross Profit | 1.01M |
| Operating Income | -1.75M |
| Net Income | -896.69K |
| EBITDA | -283.45K |
| EBIT | -543.01K |
| Earnings Per Share (EPS) | -0.04 |
Balance Sheet
The company has 7.24M in cash and 2.53M in debt, giving a net cash position of 4.7M.
| Cash & Cash Equivalents | 7.24M |
| Total Debt | 2.53M |
| Net Cash | 4.7M |
| Retained Earnings | 10.49M |
| Total Assets | 43.5M |
| Working Capital | 31.87M |
Cash Flow
In the last 12 months, operating cash flow was -688.54K and capital expenditures -290.49K, giving a free cash flow of -979.03K.
| Operating Cash Flow | -688.54K |
| Capital Expenditures | -290.49K |
| Free Cash Flow | -979.03K |
| FCF Per Share | -0.05 |
Margins
Gross margin is 34.63%, with operating and profit margins of -60.14% and -30.87%.
| Gross Margin | 34.63% |
| Operating Margin | -60.14% |
| Pretax Margin | -29.5% |
| Profit Margin | -30.87% |
| EBITDA Margin | -9.76% |
| EBIT Margin | -60.14% |
| FCF Margin | -33.7% |
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 | n/a |
| FCF Yield | n/a |
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 |