Hitech Group Australia Stock

Hitech Group Australia Equity 2024

Hitech Group Australia Equity

7.61 M AUD

Ticker

HIT.AX

ISIN

AU000000HIT1

WKN

A0ESLA

In 2024, Hitech Group Australia's equity was 7.61 M AUD, a 2.34% increase from the 7.43 M AUD equity in the previous year.

Hitech Group Australia Aktienanalyse

What does Hitech Group Australia do?

Hitech Group Australia Ltd is a company based in Sydney, Australia. It was founded in 1991 and has since become a leading provider of electrical products and services. The business model of Hitech Group Australia Ltd is based on developing and manufacturing products that help customers improve their energy efficiency and save money. The company is divided into several business divisions. One of the main areas of focus for Hitech Group Australia Ltd is the production of energy efficiency products. This includes LED lighting systems, photovoltaic systems, and energy storage. These products are used by both businesses and consumers to reduce their energy consumption and costs. Another important business division for Hitech Group Australia Ltd is electrical installation. The company offers a wide range of electrical services, including the installation of lighting systems, security systems, and networks. Hitech Group Australia Ltd prides itself on providing its customers with a high level of technical expertise and a first-class service team. Hitech Group Australia Ltd also has a division for renewable energy. The company offers consulting services to businesses and consumers to facilitate the transition to clean energy. It also assists in the development and implementation of renewable energy projects, such as wind farms, solar installations, and biomass power plants. Hitech Group Australia Ltd has also specialized in manufacturing products for use in data centers. The company offers a wide range of products, including air conditioning, UPS systems, and power supplies. These products are used to ensure that data centers can operate around the clock and that no data loss occurs due to power outages or other issues. In recent years, Hitech Group Australia Ltd has also expanded in the field of electromobility. The company offers a wide range of electric chargers for all types of electric vehicles. It has also partnered with electric vehicle manufacturers to ensure seamless integration of charging stations with their vehicles. Over the years, the company has received numerous awards for its products and services. It is recognized by the Australian government for its outstanding contributions to energy efficiency. It has also been recognized by industry media for its innovative products and services. Hitech Group Australia Ltd has gained a reputation for its commitment to quality, innovation, and customer satisfaction. The company has become a leading provider of electrical products and services and aims to provide its customers with top-quality products and support. Answer: Hitech Group Australia Ltd is a leading provider of electrical products and services, specializing in energy efficiency, electrical installation, renewable energy, data center solutions, and electromobility. The company has received recognition from the Australian government and industry media for its outstanding contributions and innovative products. Hitech Group Australia Ltd is committed to providing high-quality products and customer support. Hitech Group Australia ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Equity Details

Analyzing Hitech Group Australia's Equity

Hitech Group Australia's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Hitech Group Australia's equity is essential for assessing its financial health, stability, and value to shareholders.

Year-to-Year Comparison

Evaluating Hitech Group Australia's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.

Impact on Investments

Hitech Group Australia's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.

Interpreting Equity Fluctuations

Fluctuations in Hitech Group Australia’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.

Frequently Asked Questions about Hitech Group Australia stock

What is the equity of Hitech Group Australia this year?

Hitech Group Australia has equity of 7.61 M AUD this year.

What was the equity of Hitech Group Australia compared to the previous year?

The equity of Hitech Group Australia has increased/decreased by 2.34% increased compared to the previous year.

What impact does a high equity have on investors of Hitech Group Australia?

A high equity is advantageous for investors of Hitech Group Australia as it is an indicator of the company's financial stability and its ability to manage risks and challenges.

What impact does low equity have on investors of Hitech Group Australia?

A low equity can be a risk for investors of Hitech Group Australia, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.

How does an increase in equity of Hitech Group Australia affect the company?

An increase in equity of Hitech Group Australia can strengthen the company's financial position and improve its ability to make investments in the future.

How does a reduction in the equity of Hitech Group Australia affect the company?

A reduction in equity of Hitech Group Australia can affect the financial situation of the company and lead to a higher dependence on debt capital.

What are some factors that influence the equity of Hitech Group Australia?

Some factors that can affect the equity of Hitech Group Australia include profits, dividend payments, capital increases, and acquisitions.

Why is the equity of Hitech Group Australia so important for investors?

The equity of Hitech Group Australia is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.

What strategic measures can Hitech Group Australia take to change the equity?

To change equity, Hitech Group Australia can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.

How much dividend does Hitech Group Australia pay?

Over the past 12 months, Hitech Group Australia paid a dividend of 0.14 AUD . This corresponds to a dividend yield of about 7.11 %. For the coming 12 months, Hitech Group Australia is expected to pay a dividend of 0.14 AUD.

What is the dividend yield of Hitech Group Australia?

The current dividend yield of Hitech Group Australia is 7.11 %.

When does Hitech Group Australia pay dividends?

Hitech Group Australia pays a quarterly dividend. This is distributed in the months of January, April, October, April.

How secure is the dividend of Hitech Group Australia?

Hitech Group Australia paid dividends every year for the past 8 years.

What is the dividend of Hitech Group Australia?

For the upcoming 12 months, dividends amounting to 0.14 AUD are expected. This corresponds to a dividend yield of 7.11 %.

In which sector is Hitech Group Australia located?

Hitech Group Australia is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Hitech Group Australia kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Hitech Group Australia from 3/19/2024 amounting to 0.071 AUD, you needed to have the stock in your portfolio before the ex-date on 3/4/2024.

When did Hitech Group Australia pay the last dividend?

The last dividend was paid out on 3/19/2024.

What was the dividend of Hitech Group Australia in the year 2023?

In the year 2023, Hitech Group Australia distributed 0.174 AUD as dividends.

In which currency does Hitech Group Australia pay out the dividend?

The dividends of Hitech Group Australia are distributed in AUD.

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Andere Kennzahlen von Hitech Group Australia

Our stock analysis for Hitech Group Australia Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Hitech Group Australia Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.