Hitek Property Plant Equipment from 2010 to 2024

HKIT Stock   1.31  0.05  3.68%   
Hitek Global Property Plant Equipment yearly trend continues to be comparatively stable with very little volatility. Property Plant Equipment will likely drop to about 134 K in 2024. From the period from 2010 to 2024, Hitek Global Property Plant Equipment quarterly data regression had r-value of  0.03 and coefficient of variation of  87.98. View All Fundamentals
 
Property Plant Equipment  
First Reported
2010-12-31
Previous Quarter
141.1 K
Current Value
134 K
Quarterly Volatility
305.2 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hitek Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hitek Global's main balance sheet or income statement drivers, such as Tax Provision of 490.7 K, Net Interest Income of 627.9 K or Depreciation And Amortization of 51.1 K, as well as many indicators such as Price To Sales Ratio of 2.9, Dividend Yield of 0.0 or PTB Ratio of 0.47. Hitek financial statements analysis is a perfect complement when working with Hitek Global Valuation or Volatility modules.
  
Check out the analysis of Hitek Global Correlation against competitors.

Latest Hitek Global's Property Plant Equipment Growth Pattern

Below is the plot of the Property Plant Equipment of Hitek Global Ordinary over the last few years. It is Hitek Global's Property Plant Equipment historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hitek Global's overall financial position and show how it may be relating to other accounts over time.
Property Plant Equipment10 Years Trend
Very volatile
   Property Plant Equipment   
       Timeline  

Hitek Property Plant Equipment Regression Statistics

Arithmetic Mean346,951
Geometric Mean276,071
Coefficient Of Variation87.98
Mean Deviation206,869
Median252,907
Standard Deviation305,249
Sample Variance93.2B
Range1.1M
R-Value0.03
Mean Square Error100.3B
R-Squared0.0009
Significance0.92
Slope2,010
Total Sum of Squares1.3T

Hitek Property Plant Equipment History

2024134 K
2023141.1 K
2021156.8 K
2020504.2 K
2019847.9 K
20181.2 M

About Hitek Global Financial Statements

Hitek Global shareholders use historical fundamental indicators, such as Property Plant Equipment, to determine how well the company is positioned to perform in the future. Although Hitek Global investors may analyze each financial statement separately, they are all interrelated. The changes in Hitek Global's assets and liabilities, for example, are also reflected in the revenues and expenses on on Hitek Global's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Property Plant Equipment141.1 K134 K

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Additional Tools for Hitek Stock Analysis

When running Hitek Global's price analysis, check to measure Hitek Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hitek Global is operating at the current time. Most of Hitek Global's value examination focuses on studying past and present price action to predict the probability of Hitek Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hitek Global's price. Additionally, you may evaluate how the addition of Hitek Global to your portfolios can decrease your overall portfolio volatility.