ASX Share rice
Fri 14 Aug 2020 - 11:19:am (Sydney)

HIT Share Price

HITECH GROUP AUSTRALIA LIMITEDHITCommercial & Professional Services

HIT Company Information

Name:

HiTech Group Australia Limited

Sector:

Industrials

Industry:

Staffing & Employment Services

GIC Industry:

Professional Services

GIC Sub Industry:

Human Resource & Employment Services

Address:

189 Kent Street Sydney Australia 2000

Phone:

61 2 9241 1919

Founder, Chairman & Company Sec.:

Mr. Raymond Hazouri

CEO, Chief Information Officer, GM, Company Sec. & Exec. Director:

Mr. Elias Hazouri

Company Overview:

HiTech Group Australia Limited provides recruitment services for permanent and contract staff to the information and communications technology (ICT) industry in public and private sectors in Australia. Its permanent recruitment services comprise the search and selection of candidates for full time employment; and ICT contracting services include the provision of ICT professionals for temporary and other non-permanent staffing needs of clients for specific projects in system development, infrastructure support and cloud integration, operation, and other skill sets. The company also offers personnel services to other sectors, such as administration and office support, sales and marketing, finance, and legal. It serves technology companies, banking/financial services companies, and federal and state government departments and agencies. HiTech Group Australia Limited was founded in 1993 and is based in Sydney, Australia.

HIT Share Price Information

Shares Issued:

38.05M

Market Capitalisation:

$60.88M

Dividend per Share:

$0.08

Ex Dividend Date:

2020-03-04

Dividend Yield:

5.00%

Revenue (TTM):

$32M

Revenue Per Share (TTM):

$0.84

Earnings per Share:

$0.081

Profit Margin:

0.0962

Operating Margin (TTM):

$0.13

Return On Assets (TTM):

$0.25

Return On Equity (TTM):

$0.43

Quarterly Revenue Growth (YOY):

0.124

Gross Profit(TTM):

$5.78M

Diluted Earnings Per Share (TTM):

$0.081

QuarterlyEarnings Growth(YOY):

0.146

HIT CashFlow Statement

CashFlow Date:

2019-06-30

Investments:

$-24,651

Change To Liabilities:

$1.16M

Total Cashflow From Investing Activities:

$-24,651

Net Income:

$2.90M

Total Cash From Operating Activities:

$3.13M

Depreciation:

$180.44K

Dividends Paid:

$-3,044,000

Change To Account Receivables:

$-477,139

Capital Expenditures:

$23.67K

HIT Income Statement

Income Date:

2019-06-30

Income Before Tax:

$3.85M

Net Income:

$2.90M

Gross Profit:

$5.78M

Operating Income:

$3.82M

Other Operating Expenses:

$246.92K

Income Tax Expense:

$0.95M

Total Revenue:

$30.26M

Total Operating Expenses:

$1.96M

Cost Of Revenue:

$24.48M

HIT Balance Sheet

Balance Sheet Date:

2019-06-30

Intangible Assets:

$859

Total Liabilities:

$2.64M

Total Stockholder Equity:

$7.27M

Other Current Liabilities:

$2.15M

Total Assets:

$9.91M

Common Stock:

$3.74M

Other Current Assets:

$96.65K

Retained Earnings:

$3.34M

Other Liabilities:

$37.62K

Other Assets:

$684.78K

Cash:

$5.93M

Total Current Liabilities:

$2.60M

Property - Plant & Equipment:

$74.68K

Net Tangible Assets:

$7.27M

Long-Term Investments:

$46.78K

Total Current Assets:

$9.15M

Net Receivables:

$3.08M

Short-Term Investments:

$760.32K

Accounts Payable:

$269.04K

Non Currrent Assets (Other):

$684.78K

Short-Term Investments:

$760.32

Non Current Liabilities Total:

$37.62K

HIT Share Price History

HIT News

05 Aug, 2020
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
21 Jun, 2020
HiTech Group Australia (ASX:HIT) has had a great run on the share market with its stock up by a significant 77% over...
08 May, 2020
HiTech Group Australia (ASX:HIT) shareholders are no doubt pleased to see that the share price has had a great month...
09 Mar, 2020
Unfortunately for some shareholders, the HiTech Group Australia (ASX:HIT) share price has dived 31% in the last thirty...
10 Feb, 2020
Does the February share price for HiTech Group Australia Limited (ASX:HIT) reflect what it's really worth? Today, we...
15 Jan, 2020
For many, the main point of investing in the stock market is to achieve spectacular returns. And highest quality...
16 Dec, 2019
Elias Hazouri has been the CEO of HiTech Group Australia Limited (ASX:HIT) since 2016. This report will, first...
15 Nov, 2019
This article is written for those who want to get better at using price to earnings ratios (P/E ratios). To keep it...
21 Oct, 2019
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
23 Sep, 2019
Today we'll evaluate HiTech Group Australia Limited (ASX:HIT) to determine whether it could have potential as an...
21 Aug, 2019
Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of...

HIT Dividend Payments

EX-Date Dividend Amount
2013-09-05$0.0050
2016-09-08$0.0200
2017-03-07$0.0300
2017-08-30$0.0300
2018-03-01$0.0400
2018-08-27$0.0400
2019-03-03$0.0400
2019-08-28$0.0400
2020-03-03$0.0150

HIT Dividends (last 6 Years)