GURUFOCUS.COM » STOCK LIST » Technology » Software » Hitek Global Inc (NAS:HKIT) » Definitions » FCF Margin %

Hitek Global (Hitek Global) FCF Margin % : -18.69% (As of Dec. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Hitek Global FCF Margin %?

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Hitek Global's Free Cash Flow for the six months ended in Dec. 2023 was $-0.30 Mil. Hitek Global's Revenue for the six months ended in Dec. 2023 was $1.62 Mil. Therefore, Hitek Global's FCF Margin % for the quarter that ended in Dec. 2023 was -18.69%.

As of today, Hitek Global's current FCF Yield % is -3.12%.

The historical rank and industry rank for Hitek Global's FCF Margin % or its related term are showing as below:

HKIT' s FCF Margin % Range Over the Past 10 Years
Min: -12.88   Med: 0.62   Max: 57.65
Current: -12.88

During the past 7 years, the highest FCF Margin % of Hitek Global was 57.65%. The lowest was -12.88%. And the median was 0.62%.

HKIT's FCF Margin % is ranked worse than
73.2% of 2780 companies
in the Software industry
Industry Median: 1.22 vs HKIT: -12.88

Hitek Global FCF Margin % Historical Data

The historical data trend for Hitek Global's FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hitek Global FCF Margin % Chart

Hitek Global Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
FCF Margin %
Get a 7-Day Free Trial 0.62 25.89 -3.73 57.65 -12.88

Hitek Global Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -13.95 143.41 -11.01 -9.70 -18.69

Competitive Comparison of Hitek Global's FCF Margin %

For the Software - Application subindustry, Hitek Global's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Hitek Global's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Hitek Global's FCF Margin % falls into.


Hitek Global FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Hitek Global's FCF Margin for the fiscal year that ended in Dec. 2023 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-0.588/4.564
=-12.88 %

Hitek Global's FCF Margin for the quarter that ended in Dec. 2023 is calculated as

FCF Margin=Free Cash Flow (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-0.302/1.616
=-18.69 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hitek Global FCF Margin % Related Terms

Thank you for viewing the detailed overview of Hitek Global's FCF Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Hitek Global (Hitek Global) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Hitek Global Inc (NAS:HKIT) » Definitions » FCF Margin %
Comparable Companies
SSNT EBZT INLX NOWG WBSR BMR MTBL TSRI CXAI PALT CRM XTER:SAP INTU NOW UBER CDNS SHOP WDAY XPAR:DSY ROP
Traded in Other Exchanges
4JX:Germany
Address
No. 30 Guanri Road, Siming District, Unit 304, Fujian Province, Phase II, Software Park, Xiamen, CHN
Website
http://www.xmhitek.com
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.