Hitek Global Inc's ROA from the fourth quarter of 2024 to the fourth quarter of 2022 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics

What is Hitek Global Inc's ROA in the fourth quarter of 2024?
Hitek Global Inc recorded a cumulative net loss of $-1 million during 12 months ending in the fourth quarter of 2024, resulting in a negative return on assets (ROA) of -2.2%.

However, within the Technology sector 334 other companies had a higher return on assets. While return on assets, the total ranking has deteriorated compared to the third quarter of 2024 from to 3324.

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Return on Assets ROA▼

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Return On Assets	(Dec 31 2024) IV. Quarter	0 III. Quarter	0 II. Quarter	0 I. Quarter	(Dec 31 2022) IV. Quarter
Y / Y Total Assets Change	20.42 %	-4.9 %	111.48 %	50.36 %	43.58 %
Y / Y Net Income Change	-	-	-	-	-15.19 %
Net Income (TTM) in million	-1	1	1	1	1
Return On Assets (TTM)	-2.2 %	3.64 %	3.6 %	4.27 %	4.73 %
HKIT's Total Ranking	# 3324	#	#	#	# 1962
Total Assets (TTM) in million	42	35	47	38	35
Seq. Total Assets Change	20.24 %	-25.28 %	23.38 %	8.64 %	-5.05 %
Seq. Net Income Change	-	-	-	-	-

HKIT's 5 Years Annual ROA >> Back to HKIT Management Effectiveness >> Compare HKIT ROA to its Competitors

Return On Assets Company Ranking
Within:	No.
Industry	# 88
Sector	# 335
Overall	# 2844

Return On Assets Statistics
High	Average	Low
11.72 %	4.89 %	-2.16 %
(Dec 31 2020)		(Dec 31 2024)

Financial Statements
Hitek Global Inc's Assets	$ 42 million	HKIT's Balance sheet
Hitek Global Inc's Income	$ -1 million	Quarterly HKIT's Income Statement
HKIT's Income by Division		See HKIT's Income by Division

Annual Return On Assets	(Dec 31 2025) FY 2025	(Dec 31 2024) FY 2024	(Dec 31 2023) FY 2023	(Dec 31 2022) FY 2022	(Dec 31 2021) FY 2021
Y / Y Total Assets Change	-12.55 %	100.7 %	26.41 %	6.99 %	97.14 %
Total Assets in million	36	41	20	16	15
Y / Y Net Income Change	-	-	-26 %	-15.19 %	-1.15 %
Net Income in million	0	-1	1	1	2
Annual Return On Assets	0.51 %	-2.2 %	5.16 %	8.81 %	11.12 %

HKIT's 5 Years Annual ROA >> Back to HKIT Management Effectiveness >> Compare HKIT ROA to its Competitors

Comment on HKIT's ROA in the fiscal year ending 2025

In the fiscal year 2025 ROA improved to 0.51 % compared to prior year, due to annual net income growth of % to $0.18 million, and due to decline of value in Hitek Global Inc's assets by -12.55 % to $35.64 million, compared to $35.64 a year before.

More Return On Assets Ratios
HKIT's' Return on Assets at Yahoo Finance
Software & Programming Industry Return On Assets Trends and Statistics
Technology Sector Roa Statistics
Roa Trends for overall market
HKIT's Roa Ratio versus Software & Programming Industry, Technology Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Subscribers only: Roa for HKIT's Competitors
Subscribers only: Roa for Hitek Global Inc's Suppliers
Subscribers only: Return On Assets for HKIT's Customers

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Companies with similar Return On Assets at Dec 31 2024, within Technology Sector

ROA

Date modified: 2026-09-08T15:11:29+00:00

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