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Hitek Global Inc. provides information technology (IT) consulting and solutions services to small and medium businesses in various industry sectors in China. The company offers anti-counterfeiting tax control system (ACTCS) tax devices, including golden tax disk and printers, ACTCS services, and IT services; and distributes software and hardware to large businesses, such as laptops, printers, desktop computers, and related accessories, as well as Internet servers, cameras, and monitors. It also sells communication interface system, a software used by petrochemical and coal businesses to collect industrial, electricity, facility pressure, and temperature statistics and convert to readable format for analytical purposes. Hitek Global Inc. was founded in 1996 and is headquartered in Xiamen City, China. more
Time Frame | HKIT | Sector | S&P500 |
---|---|---|---|
1-Week Return | 2.96% | -0.09% | -0.05% |
1-Month Return | 5.6% | 4.18% | 2.75% |
3-Month Return | -4.79% | 8.86% | 7.4% |
6-Month Return | -18.24% | 3.43% | 10.47% |
1-Year Return | 28.7% | 24.6% | 27.57% |
3-Year Return | -75% | 41.44% | 29.56% |
Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | 5YR TREND | |
---|---|---|---|---|---|---|
Total Revenue | 6.93M | 5.80M | 6.46M | 6.43M | 4.56M | [{"date":"2019-12-31","value":100,"profit":true},{"date":"2020-12-31","value":83.71,"profit":true},{"date":"2021-12-31","value":93.18,"profit":true},{"date":"2022-12-31","value":92.71,"profit":true},{"date":"2023-12-31","value":65.82,"profit":true}] |
Cost of Revenue | 3.19M | 2.63M | 2.58M | 2.89M | 2.64M | [{"date":"2019-12-31","value":100,"profit":true},{"date":"2020-12-31","value":82.58,"profit":true},{"date":"2021-12-31","value":80.95,"profit":true},{"date":"2022-12-31","value":90.68,"profit":true},{"date":"2023-12-31","value":82.87,"profit":true}] |
Gross Profit | 3.75M | 3.17M | 3.88M | 3.54M | 1.92M | [{"date":"2019-12-31","value":96.53,"profit":true},{"date":"2020-12-31","value":81.73,"profit":true},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":91.16,"profit":true},{"date":"2023-12-31","value":49.52,"profit":true}] |
Gross Margin | 54.01% | 54.63% | 60.05% | 55.02% | 42.10% | [{"date":"2019-12-31","value":89.94,"profit":true},{"date":"2020-12-31","value":90.98,"profit":true},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":91.62,"profit":true},{"date":"2023-12-31","value":70.1,"profit":true}] |
Operating Expenses | 1.50M | 1.32M | 1.77M | 1.90M | 1.82M | [{"date":"2019-12-31","value":79.08,"profit":true},{"date":"2020-12-31","value":69.24,"profit":true},{"date":"2021-12-31","value":93.13,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":95.8,"profit":true}] |
Operating Income | 2.19M | 1.75M | 2.10M | 1.63M | 101.06K | [{"date":"2019-12-31","value":100,"profit":true},{"date":"2020-12-31","value":80.01,"profit":true},{"date":"2021-12-31","value":95.96,"profit":true},{"date":"2022-12-31","value":74.23,"profit":true},{"date":"2023-12-31","value":4.61,"profit":true}] |
Total Non-Operating Income/Expense | 161.28K | 206.93K | 106.49K | 491.93K | 2.09M | [{"date":"2019-12-31","value":7.71,"profit":true},{"date":"2020-12-31","value":9.89,"profit":true},{"date":"2021-12-31","value":5.09,"profit":true},{"date":"2022-12-31","value":23.52,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
Pre-Tax Income | 2.36M | 1.96M | 2.21M | 1.87M | 1.59M | [{"date":"2019-12-31","value":100,"profit":true},{"date":"2020-12-31","value":83.03,"profit":true},{"date":"2021-12-31","value":93.81,"profit":true},{"date":"2022-12-31","value":79.25,"profit":true},{"date":"2023-12-31","value":67.62,"profit":true}] |
Income Taxes | 339.18K | 269.24K | 542.85K | 453.22K | 546.88K | [{"date":"2019-12-31","value":62.02,"profit":true},{"date":"2020-12-31","value":49.23,"profit":true},{"date":"2021-12-31","value":99.26,"profit":true},{"date":"2022-12-31","value":82.87,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
Income After Taxes | 2.02M | 1.69M | 1.67M | 1.42M | 1.05M | [{"date":"2019-12-31","value":100,"profit":true},{"date":"2020-12-31","value":83.65,"profit":true},{"date":"2021-12-31","value":82.68,"profit":true},{"date":"2022-12-31","value":70.12,"profit":true},{"date":"2023-12-31","value":51.89,"profit":true}] |
Income From Continuous Operations | 2.02M | 1.69M | 1.67M | 1.42M | 1.05M | [{"date":"2019-12-31","value":100,"profit":true},{"date":"2020-12-31","value":83.65,"profit":true},{"date":"2021-12-31","value":82.68,"profit":true},{"date":"2022-12-31","value":70.12,"profit":true},{"date":"2023-12-31","value":51.89,"profit":true}] |
Income From Discontinued Operations | - | - | - | - | - | [{"date":"2019-12-31","value":"-","profit":true},{"date":"2020-12-31","value":"-","profit":true},{"date":"2021-12-31","value":"-","profit":true},{"date":"2022-12-31","value":"-","profit":true},{"date":"2023-12-31","value":"-","profit":true}] |
Net Income | 2.02M | 1.69M | 1.67M | 1.42M | 1.05M | [{"date":"2019-12-31","value":100,"profit":true},{"date":"2020-12-31","value":83.65,"profit":true},{"date":"2021-12-31","value":82.68,"profit":true},{"date":"2022-12-31","value":70.12,"profit":true},{"date":"2023-12-31","value":51.89,"profit":true}] |
EPS (Diluted) | - | - | - | - | - | [{"date":"2019-12-31","value":"-","profit":true},{"date":"2020-12-31","value":"-","profit":true},{"date":"2021-12-31","value":"-","profit":true},{"date":"2022-12-31","value":"-","profit":true},{"date":"2023-12-31","value":"-","profit":true}] |
These ratios help you determine the liquidity of the company. Higher is better.
HKIT | |
---|---|
Cash Ratio | 4.67 |
Current Ratio | 6.88 |
Quick Ratio | 6.84 |
These ratios help you understand the company's efficiency in using its assets to generate returns. Higher is better. For ROE, average long term is around 14%, less than 10% is poor.
HKIT | |
---|---|
ROA (LTM) | -1.27% |
ROE (LTM) | 2.02% |
These ratios help you understand the company's liabilities, gauging the riskiness of the investment.
HKIT | |
---|---|
Debt Ratio Lower is generally better. Negative is bad. | 0.37 |
Common Equity/Total Assets Higher is better. Lower can suggest investment is riskier. | 0.63 |
These ratios help you understand the company's valuation. Lower may indicate cheaper stocks.
HKIT | |
---|---|
Trailing PE | 35.38 |
Forward PE | NM |
P/S (TTM) | 12.02 |
P/B | 1.47 |
Price/FCF | 58 |
EV/R | 5.41 |
EV/Ebitda | 13.30 |
Hitek Global Inc. Ordinary Share (HKIT) share price today is $1.39
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Yes, you can purchase fractional shares of Hitek Global Inc. Ordinary Share (HKIT) via the Vested app. You can start investing in Hitek Global Inc. Ordinary Share (HKIT) with a minimum investment of $1.
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The 52-week high price of Hitek Global Inc. Ordinary Share (HKIT) is $4.06. The 52-week low price of Hitek Global Inc. Ordinary Share (HKIT) is $0.54.
The price-to-earnings (P/E) ratio of Hitek Global Inc. Ordinary Share (HKIT) is 35.375
The price-to-book (P/B) ratio of Hitek Global Inc. Ordinary Share (HKIT) is 1.47
The dividend yield of Hitek Global Inc. Ordinary Share (HKIT) is 0.00%
The market capitalization of Hitek Global Inc. Ordinary Share (HKIT) is $41.46M
The stock symbol (or ticker) of Hitek Global Inc. Ordinary Share is HKIT