Hitek Global Inc. (HKIT) - 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. Also see Hitek Global Inc. stock valuation for the company's overall valuation and market capitalisation.
Hitek Global Inc. - Cash Flow Conversion Efficiency Trend (2016–2025)
This chart illustrates how Hitek Global Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data.
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. Explore HKIT cash flow quality score to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Propanc Biopharma, Inc. Common Stock
NASDAQ:PPCB
|
-0.116x |
|
BATHURST METALS CORP.
F:J1Q0
|
-0.113x |
|
Baillie Gifford China Growth Trust PLC
LSE:BGCG
|
-0.002x |
|
CrownHaitai Holdings Co Ltd Preference Shares
KO:005745
|
0.026x |
|
Ferrexpo PLC
LSE:FXPO
|
-0.032x |
|
Lambo Group Bhd
KLSE:0018
|
-0.022x |
|
Leapfrog Acquisition Corporation Warrants
NASDAQ:LFACW
|
-0.014x |
|
Galore Resources Inc
V:GRI
|
-0.017x |
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. View HKIT share price today for real-time trading data and today's change.
| 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