Hitek Global Inc. Ordinary Share (HKIT) — Cash Flow Quality Index
Hitek Global Inc. Ordinary Share (HKIT) has a Cash Flow Quality Index of 5.99x as of June 2024. Operating cash flow of $729.27K exceeds net income of $121.66K, indicating high earnings quality where cash backs reported profits. Explore Hitek Global Inc. Ordinary Share long-term investment allocation to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Hitek Global Inc. Ordinary Share Cash Flow Quality Index (2016–2023)
Historical Cash Flow Quality Index for Hitek Global Inc. Ordinary Share across 8 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check HKIT tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Hitek Global Inc. Ordinary Share (2016–2023)
Year-by-year earnings quality comparison for Hitek Global Inc. Ordinary Share. For live market cap and the full company financial profile, see Hitek Global Inc. Ordinary Share (HKIT) market capitalisation.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2023 | -0.06x | $-61.91K | $1.05 Million | ▼ -102.2% |
| 2022 | 2.70x | $3.82 Million | $1.42 Million | ▲ +2201.4% |
| 2021 | -0.13x | $-214.57K | $1.67 Million | ▼ -111.2% |
| 2020 | 1.14x | $1.93 Million | $1.69 Million | ▲ +5240.6% |
| 2019 | 0.02x | $43.27K | $2.02 Million | ▼ -85.2% |
| 2018 | 0.14x | $321.38K | $2.22 Million | ▲ +71.8% |
| 2017 | 0.08x | $179.93K | $2.14 Million | ▲ +152.1% |
| 2016 | 0.03x | $12.70K | $380.02K | — |