ASX Share rice
Mon 17 May 2021 - 03:28: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 NSW Australia 2000

Phone:

61 2 9241 1919

Full Time Employees:

14

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 digital transformation, system development, infrastructure architecture and cloud integration, operation, and supports and project management. The company also offers personnel services to other sectors, such as administration and office support, sales and marketing, and finance. 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:

39M

Market Capitalisation:

$71.96M

Dividend per Share:

$0.08

Ex Dividend Date:

2021-03-04

Dividend Yield:

4.34%

Revenue (TTM):

$36.40M

Revenue Per Share (TTM):

$0.96

Earnings per Share:

$0.094

Profit Margin:

0.0982

Operating Margin (TTM):

$0.12

Return On Assets (TTM):

$0.27

Return On Equity (TTM):

$0.50

Quarterly Revenue Growth (YOY):

0.193

Gross Profit(TTM):

$6.11M

Diluted Earnings Per Share (TTM):

$0.094

QuarterlyEarnings Growth(YOY):

0.17

HIT CashFlow Statement

CashFlow Date:

2020-06-30

Investments:

$-18,439

Change To Liabilities:

$1.47M

Total Cashflow From Investing Activities:

$-265,042

Net Borrowings:

$-157,610

Net Income:

$3.34M

Total Cash From Operating Activities:

$5.72M

Depreciation:

$499.44K

Other Cashflow From Investing Activities:

$-18,440

Dividends Paid:

$-3,044,000

Change To Account Receivables:

$-380,062

Capital Expenditures:

$246.60K

HIT Income Statement

Income Date:

2020-06-30

Income Before Tax:

$4.24M

Net Income:

$3.34M

Gross Profit:

$6.13M

Operating Income:

$4.24M

Other Operating Expenses:

$188.99K

Income Tax Expense:

$0.90M

Total Revenue:

$33.38M

Cost Of Revenue:

$27.25M

HIT Balance Sheet

Balance Sheet Date:

2020-06-30

Total Liabilities:

$4.14M

Total Stockholder Equity:

$6.99M

Other Current Liabilities:

$2.98M

Total Assets:

$11.13M

Common Stock:

$3.74M

Other Current Assets:

$32.73K

Retained Earnings:

$3.06M

Other Liabilities:

$39.57K

Other Assets:

$56.43K

Cash:

$7.61M

Total Current Liabilities:

$3.85M

Property - Plant & Equipment:

$623.01K

Net Tangible Assets:

$6.99M

Total Current Assets:

$10.45M

Net Receivables:

$2.81M

Short-Term Investments:

$679.44K

Accounts Payable:

$467.75K

Non Currrent Assets (Other):

$47.73K

Short-Term Investments:

$679.44

Non Current Liabilities Total:

$290.05K

HIT Share Price History

HIT News

15 May, 2021
HiTech Group Australia (ASX:HIT) has had a rough three months with its share price down 5.4%. However, the company's...
31 Mar, 2021
Does the April share price for HiTech Group Australia Limited ( ASX:HIT ) reflect what it's really worth? Today, we...
09 Feb, 2021
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
04 Jan, 2021
Long term investing can be life changing when you buy and hold the truly great businesses. And highest quality...
20 Sep, 2020
This article will reflect on the compensation paid to Elias Hazouri who has served as CEO of HiTech Group Australia...
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...

HIT Dividend Payments

EX-Date Dividend Amount
2013-09-05$0.0050
2016-09-08$0.0200
2017-03-08$0.0300
2017-08-30$0.0300
2018-03-02$0.0400
2018-08-27$0.0400
2019-03-04$0.0400
2019-08-28$0.0400
2020-03-04$0.0150
2020-08-28$0.0400
2021-03-04$0.0150

HIT Dividends (last 7 Years)