Hitek Global Ordinary Stock Analysis

Hitek Stock Analysis Notes

The company has price-to-book (P/B) ratio of 1.16. Some equities with similar Price to Book (P/B) outperform the market in the long run. Hitek Global Ordinary recorded a loss per share of 0.04. The entity had not issued any dividends in recent years. To learn more about Hitek Global Ordinary call Xiaoyang Huang at 86 59 2539 5967 or check out https://www.xmhitek.com.

Hitek Global Ordinary Investment Alerts

Hitek Global Ordinary Upcoming and Recent Events

Hitek Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 41.02 M.

Hitek Profitablity

The company has Profit Margin (PM) of (0.31) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (1.28) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $1.28.

Management Efficiency

Hitek Global Ordinary has return on total asset (ROA) of (0.0284) % which means that it has lost $0.0284 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0282) %, meaning that it created substantial loss on money invested by shareholders. Hitek Global's management efficiency ratios could be used to measure how well Hitek Global manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to -0.02 in 2025. Return On Capital Employed is likely to gain to -0.04 in 2025. At this time, Hitek Global's Total Current Liabilities is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 43.6 M in 2025, whereas Non Current Liabilities Total is likely to drop slightly above 2.1 M in 2025.

Technical Drivers

As of the 21st of July, Hitek Global retains the Market Risk Adjusted Performance of 0.8114, downside deviation of 2.6, and Risk Adjusted Performance of 0.0777. Hitek Global technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.

Hitek Global Ordinary Price Movement Analysis

Hitek Global Outstanding Bonds

Hitek Global Predictive Daily Indicators

Hitek Global Forecast Models

Hitek Global's time-series forecasting models are one of many Hitek Global's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Hitek Global's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Hitek Global prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Hitek shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Hitek Global. By using and applying Hitek Stock analysis, traders can create a robust methodology for identifying Hitek entry and exit points for their positions.

When running Hitek Global's price analysis, check to measure Hitek Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hitek Global is operating at the current time. Most of Hitek Global's value examination focuses on studying past and present price action to predict the probability of Hitek Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hitek Global's price. Additionally, you may evaluate how the addition of Hitek Global to your portfolios can decrease your overall portfolio volatility.