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Hitek Global (Hitek Global) Pre-Tax Income : $1.60 Mil (TTM As of Dec. 2023)


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What is Hitek Global Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Hitek Global's pretax income for the six months ended in Dec. 2023 was $0.65 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $1.60 Mil. Hitek Global's pretax margin was 40.04%.

During the past 7 years, Hitek Global's highest Pretax Margin was 38.92%. The lowest was 29.07%. And the median was 34.24%.

Hitek Global Pre-Tax Income Historical Data

The historical data trend for Hitek Global's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hitek Global Pre-Tax Income Chart

Hitek Global Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial 2.36 1.96 2.21 1.87 1.60

Hitek Global Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.06 0.89 0.98 0.95 0.65

Competitive Comparison of Hitek Global's Pre-Tax Income

For the Software - Application subindustry, Hitek Global's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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 Pre-Tax Income Distribution in the Software Industry

For the Software industry and Technology sector, Hitek Global's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Hitek Global's Pre-Tax Income falls into.


Hitek Global Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Hitek Global's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=0.671+0.326+-0.314+0.912+-2.2204460492503E-16
=1.60

Hitek Global's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=0.014+0.238+-0.154+0.548+0.001
=0.65

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $1.60 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hitek Global  (NAS:HKIT) Pre-Tax Income Explanation

Hitek Global's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=0.647/1.616
=40.04%

During the past 7 years, Hitek Global's highest Pretax Margin was 38.92%. The lowest was 29.07%. And the median was 34.24%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hitek Global Pre-Tax Income 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 » Pre-Tax Income
Comparable Companies
SSNT EBZT INLX NOWG WBSR BMR MTBL TSRI CXAI PALT CRM XTER:SAP INTU NOW UBER CDNS SHOP WDAY XPAR:DSY ROP
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.