HIT.AX
Price:
$1.6
Market Cap:
$67.68M
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 ICT contracting services include the provision of ICT professionals for temporary and other non-permanent staffing needs of clients for specific projects. The company also offers personnel services to other sectors, such as office administration, sales and marketing, and finance; and digital services to government departments to initiate and complete digital transformation projects. It serves telco, finance, healthcare, consulting, IT, and FMCG industries, as well as federal and state gove...[Read more]
Industry
Staffing & Employment Services
IPO Date
2000-04-17
Stock Exchange
ASX
Ticker
HIT.AX
According to HiTech Group Australia Limited’s latest financial reports and current stock price. The company's current ROE is 57.19%. This represents a change of 81.80% compared to the average of 31.46% of the last 4 quarters.
The mean historical ROE of HiTech Group Australia Limited over the last ten years is 50.09%. The current 57.19% ROE has changed 14.18% with respect to the historical average. Over the past ten years (40 quarters), HIT.AX's ROE was at its highest in in the June 2023 quarter at 41.90%. The ROE was at its lowest in in the June 2009 quarter at -29.40%.
Average
50.09%
Median
51.45%
Minimum
34.66%
Maximum
71.49%
Discovering the peaks and valleys of HiTech Group Australia Limited ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 69.35%
Maximum Annual ROE = 71.49%
Minimum Annual Increase = -13.87%
Minimum Annual ROE = 34.66%
| Year | ROE | Change |
|---|---|---|
| 2025 | 55.15% | -13.87% |
| 2024 | 64.04% | -10.43% |
| 2023 | 71.49% | 20.65% |
| 2022 | 59.25% | 2.95% |
| 2021 | 57.56% | 20.55% |
| 2020 | 47.74% | 19.70% |
| 2019 | 39.88% | 15.07% |
| 2018 | 34.66% | 0.00% |
| 2017 | 34.66% | -4.99% |
| 2016 | 36.48% | 69.35% |
The current ROE of HiTech Group Australia Limited (HIT.AX) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
63.56%
5-year avg
61.50%
10-year avg
50.09%
HiTech Group Australia Limited’s ROE is less than Adrad Holdings Limited (4.97%), greater than Coventry Group Ltd (-23.46%), greater than Peoplein Limited (-8.48%), less than LaserBond Limited (9.63%), less than Boom Logistics Limited (17.82%), less than Ignite Limited (14.73%), less than Ashley Services Group Limited (6.89%), less than The Environmental Group Limited (10.67%), greater than Matrix Composites & Engineering Ltd (-7.26%), greater than Aquirian Limited (-28.87%),
| Company | ROE | Market cap |
|---|---|---|
| 4.97% | $80.51M | |
| -23.46% | $67.89M | |
| -8.48% | $96.75M | |
| 9.63% | $75.13M | |
| 17.82% | $67.76M | |
| 14.73% | $13.13M | |
| 6.89% | $28.80M | |
| 10.67% | $89.42M | |
| -7.26% | $50.33M | |
| -28.87% | $42.29M |
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