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Hitek Global (FRA:4JX) 3-Year Book Growth Rate : 38.30% (As of Dec. 2023)


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What is Hitek Global 3-Year Book Growth Rate?

Hitek Global's Book Value per Share for the quarter that ended in Dec. 2023 was €1.81.

During the past 12 months, Hitek Global's average Book Value per Share Growth Rate was 60.00% per year. During the past 3 years, the average Book Value per Share Growth Rate was 38.30% per year. During the past 5 years, the average Book Value per Share Growth Rate was 32.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 7 years, the highest 3-Year average Book Value per Share Growth Rate of Hitek Global was 38.30% per year. The lowest was 27.20% per year. And the median was 32.80% per year.


Competitive Comparison of Hitek Global's 3-Year Book Growth Rate

For the Software - Application subindustry, Hitek Global's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hitek Global's 3-Year Book Growth Rate Distribution in the Software Industry

For the Software industry and Technology sector, Hitek Global's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Hitek Global's 3-Year Book Growth Rate falls into.



Hitek Global 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.


Hitek Global  (FRA:4JX) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.


Hitek Global 3-Year Book Growth Rate Related Terms

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Hitek Global (FRA:4JX) Business Description

Traded in Other Exchanges
Address
No. 30 Guanri Road, Siming District, Unit 304, Fujian Province, Phase II, Software Park, Xiamen, CHN
Hitek Global Inc is a provider of information technology consulting and solutions services. The company has two lines of businesses such as services to small and medium businesses, which consist of Anti-Counterfeiting Tax Control System tax devices, including Golden Tax Disk and printers, ACTCS services, and IT services; and services to large businesses, which include hardware sales and software sales. It generates revenues from hardware sales, software sales, IT services, and tax devices and services.

Hitek Global (FRA:4JX) Headlines

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