Hitek Global Inc. Cash Flow Conversion Efficiency
Hitek Global Inc. cash flow conversion efficiency. Based on the latest financial reports, Hitek Global Inc. (HKIT) has a cash flow conversion efficiency ratio of -0.007x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-262.73K) by net assets ($36.01 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Hitek Global Inc. (2016–2025)
Cash flow conversion efficiency of Hitek Global Inc. from 2016 to 2025. This chart illustrates how Hitek Global Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. View Hitek Global Inc. (HKIT) share price today for real-time trading data and today's change.
Hitek Global Inc. Cash Flow Conversion Ratio Explained
Hitek Global Inc. cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Hitek Global Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Hitek Global Inc. ranked by their cash flow conversion efficiency. Also see HKIT stock market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Dotdigital Group Plc
LSE:DOTD
|
0.067x |
|
CDN Maverick Capital Corp.
F:338B
|
-0.123x |
|
DMC Mining Ltd
AU:DMM
|
0.294x |
|
Baiya International Group Inc. Ordinary Shares
NASDAQ:BIYA
|
N/A |
|
Westar Resources Ltd
AU:WSR
|
-0.269x |
|
Starbreeze AB (publ)
ST:STAR-A
|
-0.015x |
|
Filament Health Corp
NEO:FH
|
-0.228x |
|
Prominence Energy Ltd
AU:PRM
|
-0.075x |
Annual Cash Flow Conversion Efficiency for Hitek Global Inc. (2016–2025)
The table below shows the annual cash flow conversion efficiency of Hitek Global Inc. from 2016 to 2025. Review HKIT free cash flow generation to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $36.01 Million | $-1.54 Million | -0.043x | -118.50% |
| 2024-12-31 | $35.27 Million | $-688.54K | -0.020x | -793.41% |
| 2023-12-31 | $28.34 Million | $-61.91K | -0.002x | -100.77% |
| 2022-12-31 | $13.53 Million | $3.82 Million | 0.283x | +1829.41% |
| 2021-12-31 | $13.13 Million | $-214.57K | -0.016x | -109.44% |
| 2020-12-31 | $11.17 Million | $1.93 Million | 0.173x | +3482.90% |
| 2019-12-31 | $8.96 Million | $43.27K | 0.005x | -89.42% |
| 2018-12-31 | $7.04 Million | $321.38K | 0.046x | +31.50% |
| 2017-12-31 | $5.18 Million | $179.93K | 0.035x | +542.07% |
| 2016-12-31 | $2.35 Million | $12.70K | 0.005x | -- |
About Hitek Global Inc.
Hitek Global Inc., through its subsidiaries, provides information technology (IT) consulting and solutions services to small and medium, and large businesses in China. The company offers anti-counterfeiting tax control system (ACTCS) tax devices, including golden tax disk and printers, ACTCS services, and IT services; business consulting services; and sells software and hardware to large business… Read more