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Hitek Global (Hitek Global) 3-Year Revenue Growth Rate : -3.90% (As of Dec. 2023)


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What is Hitek Global 3-Year Revenue Growth Rate?

Hitek Global's Revenue per Share for the six months ended in Dec. 2023 was $0.11.

During the past 12 months, Hitek Global's average Revenue per Share Growth Rate was -41.20% per year. During the past 3 years, the average Revenue per Share Growth Rate was -3.90% per year. During the past 5 years, the average Revenue per Share Growth Rate was -1.00% 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 Revenue per Share growth rate.

During the past 7 years, the highest 3-Year average Revenue per Share Growth Rate of Hitek Global was 8.40% per year. The lowest was -5.60% per year. And the median was 2.10% per year.

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

For the Software - Application subindustry, Hitek Global's 3-Year Revenue Growth Rate, along with its competitors' market caps and 3-Year Revenue 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 Revenue Growth Rate Distribution in the Software Industry

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

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


Hitek Global 3-Year Revenue Growth Rate Calculation

This is the 3-year average growth rate of Revenue 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 Revenue per Share growth rate.

Hitek Global  (NAS:HKIT) 3-Year Revenue Growth Rate Explanation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

Revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top. Revenue per share growth rate is used in calculating Predictability Rank, companies with more consistent revenue and earnings growth are ranked high with predictability.

Hitek Global 3-Year Revenue Growth Rate Related Terms

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Hitek Global (Hitek Global) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Hitek Global Inc (NAS:HKIT) » Definitions » 3-Year Revenue Growth Rate
Comparable Companies
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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.