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HITEK GLOBAL INC-CL A (HKIT) Stock Fundamental Analysis

NASDAQ:HKIT - Nasdaq - KYG451391059 - Common Stock - Currency: USD

1.3919  -0.04 (-2.66%)

Fundamental Rating

2

We assign a fundamental rating of 2 out of 10 to HKIT. HKIT was compared to 82 industry peers in the IT Services industry. While HKIT seems to be doing ok healthwise, there are quite some concerns on its profitability. HKIT does not seem to be growing, but still is valued expensively.


Dividend Valuation Growth Profitability Health

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2

1. Profitability

1.1 Basic Checks

HKIT had negative earnings in the past year.
HKIT had a negative operating cash flow in the past year.
Of the past 5 years HKIT 4 years were profitable.
The reported operating cash flow has been mixed in the past 5 years: HKIT reported negative operating cash flow in multiple years.
HKIT Yearly Net Income VS EBIT VS OCF VS FCFHKIT Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1M -1M 2M 3M

1.2 Ratios

The Return On Assets of HKIT (-1.87%) is comparable to the rest of the industry.
With a Return On Equity value of -2.20%, HKIT perfoms like the industry average, outperforming 43.90% of the companies in the same industry.
Industry RankSector Rank
ROA -1.87%
ROE -2.2%
ROIC N/A
ROA(3y)2.5%
ROA(5y)5.79%
ROE(3y)3.88%
ROE(5y)7.9%
ROIC(3y)N/A
ROIC(5y)N/A
HKIT Yearly ROA, ROE, ROICHKIT Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20 30 40

1.3 Margins

Looking at the Gross Margin, with a value of 41.35%, HKIT is in the better half of the industry, outperforming 63.41% of the companies in the same industry.
HKIT's Gross Margin has declined in the last couple of years.
The Profit Margin and Operating Margin are not available for HKIT so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 41.35%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-16.77%
GM growth 5Y-8.54%
HKIT Yearly Profit, Operating, Gross MarginsHKIT Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40 -40 60

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2. Health

2.1 Basic Checks

HKIT does not have a ROIC to compare to the WACC, probably because it is not profitable.
HKIT has more shares outstanding than it did 1 year ago.
The number of shares outstanding for HKIT has been increased compared to 5 years ago.
The debt/assets ratio for HKIT has been reduced compared to a year ago.
HKIT Yearly Shares OutstandingHKIT Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M 20M 25M
HKIT Yearly Total Debt VS Total AssetsHKIT Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M

2.2 Solvency

An Altman-Z score of 5.14 indicates that HKIT is not in any danger for bankruptcy at the moment.
HKIT has a better Altman-Z score (5.14) than 74.39% of its industry peers.
A Debt/Equity ratio of 0.07 indicates that HKIT is not too dependend on debt financing.
The Debt to Equity ratio of HKIT (0.07) is better than 71.95% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.07
Debt/FCF N/A
Altman-Z 5.14
ROIC/WACCN/A
WACC7.74%
HKIT Yearly LT Debt VS Equity VS FCFHKIT Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10M 20M 30M

2.3 Liquidity

A Current Ratio of 13.08 indicates that HKIT has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 13.08, HKIT belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
HKIT has a Quick Ratio of 13.02. This indicates that HKIT is financially healthy and has no problem in meeting its short term obligations.
HKIT has a better Quick ratio (13.02) than 100.00% of its industry peers.
Industry RankSector Rank
Current Ratio 13.08
Quick Ratio 13.02
HKIT Yearly Current Assets VS Current LiabilitesHKIT Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M

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3. Growth

3.1 Past

HKIT shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -126.94%.
Looking at the last year, HKIT shows a very negative growth in Revenue. The Revenue has decreased by -36.92% in the last year.
Measured over the past years, HKIT shows a very negative growth in Revenue. The Revenue has been decreasing by -15.96% on average per year.
EPS 1Y (TTM)-126.94%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-155.06%
Revenue 1Y (TTM)-36.92%
Revenue growth 3Y-23.39%
Revenue growth 5Y-15.96%
Sales Q2Q%-36.35%

3.2 Future

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
HKIT Yearly Revenue VS EstimatesHKIT Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2016 2017 2018 2019 2020 2021 2022 2023 2024 2M 4M 6M

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4. Valuation

4.1 Price/Earnings Ratio

HKIT reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
HKIT Price Earnings VS Forward Price EarningsHKIT Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0 0 0 0 0 0 0

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
HKIT Per share dataHKIT EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.2 0.4 0.6 0.8 1

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A

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5. Dividend

5.1 Amount

No dividends for HKIT!.
Industry RankSector Rank
Dividend Yield N/A

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HITEK GLOBAL INC-CL A

NASDAQ:HKIT (6/6/2025, 8:00:01 PM)

1.3919

-0.04 (-2.66%)

Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustryIT Services
Earnings (Last)N/A N/A
Earnings (Next)N/A N/A
Inst Owners0.18%
Inst Owner Change-1%
Ins Owners5.82%
Ins Owner ChangeN/A
Market Cap40.78M
Analysts0
Price TargetN/A
Short Float %N/A
Short Ratio0.21
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 8.61
P/FCF N/A
P/OCF N/A
P/B 1.16
P/tB 1.16
EV/EBITDA N/A
EPS(TTM)-0.04
EYN/A
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)-0.02
FCFYN/A
OCF(TTM)-0.02
OCFYN/A
SpS0.16
BVpS1.2
TBVpS1.2
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -1.87%
ROE -2.2%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 41.35%
FCFM N/A
ROA(3y)2.5%
ROA(5y)5.79%
ROE(3y)3.88%
ROE(5y)7.9%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-16.77%
GM growth 5Y-8.54%
F-Score3
Asset Turnover0.11
Health
Industry RankSector Rank
Debt/Equity 0.07
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 13.08
Quick Ratio 13.02
Altman-Z 5.14
F-Score3
WACC7.74%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-126.94%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-155.06%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-36.92%
Revenue growth 3Y-23.39%
Revenue growth 5Y-15.96%
Sales Q2Q%-36.35%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-448.06%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-177.17%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-1012.28%
OCF growth 3YN/A
OCF growth 5YN/A