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Hitek Global Inc. Ordinary Share, Common Stock

HKIT

NAQ

$1.39

-$0.03

(-2.12%)

1D
Industry: Software Sector: Information Technology

Analyst Forecast

Price Chart

Key Metrics

Market Cap info-icon
This is a company’s total value as determined by the stock market. It is calculated by multiplying the total number of a company's outstanding shares by the current market price of one share.
$41.46M
P/E Ratio info-icon
This is the ratio of a security’s current share price to its earnings per share. This ratio determines the relative value of a company’s share.
35.375
Volume info-icon
This is the total number of shares traded during the most recent trading day.
10.60K
Avg Volume info-icon
This is the average number of shares traded during the most recent 30 days.
0
Dividend Yield info-icon
This ratio shows how much income you earn in dividend payouts per year for every dollar invested in the stock (or the stock’s annual dividend payment expressed as a percentage of its current price).
0.00%
Beta info-icon
This measures the expected move in a stock’s price relative to movements in the overall market. The market, such as the S&P 500 Index, has a beta of 1.0. If a stock has a Beta greater (or lower) than 1.0, it suggests that the stock is more (or less) volatile than the broader market.
0
52-week Range info-icon
This shows the range of the stock’s price between the 52-week high (the highest price of the stock for the past 52 weeks) and the 52-week low (the lowest price of the stock for the past 52 weeks).
$0.54 L
$4.06 H
$1.39

About Hitek Global Inc. Ordinary Share, Common Stock

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

Industry: SoftwareSector: Information Technology

Returns

Time FrameHKITSectorS&P500
1-Week Return2.96%-0.09%-0.05%
1-Month Return5.6%4.18%2.75%
3-Month Return-4.79%8.86%7.4%
6-Month Return-18.24%3.43%10.47%
1-Year Return28.7%24.6%27.57%
3-Year Return-75%41.44%29.56%

Financials

Dec '19Dec '20Dec '21Dec '22Dec '235YR TREND
Total Revenue6.93M5.80M6.46M6.43M4.56M[{"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 Revenue3.19M2.63M2.58M2.89M2.64M[{"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 Profit3.75M3.17M3.88M3.54M1.92M[{"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 Margin54.01%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 Expenses1.50M1.32M1.77M1.90M1.82M[{"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 Income2.19M1.75M2.10M1.63M101.06K[{"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/Expense161.28K206.93K106.49K491.93K2.09M[{"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 Income2.36M1.96M2.21M1.87M1.59M[{"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 Taxes339.18K269.24K542.85K453.22K546.88K[{"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 Taxes2.02M1.69M1.67M1.42M1.05M[{"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 Operations2.02M1.69M1.67M1.42M1.05M[{"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 Income2.02M1.69M1.67M1.42M1.05M[{"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}]

Ratios

Liquidity

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

Asset Efficiency

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%

Liabilities

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

Valuation

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

FAQs

What is Hitek Global Inc. Ordinary Share share price today?

Hitek Global Inc. Ordinary Share (HKIT) share price today is $1.39

Can Indians buy Hitek Global Inc. Ordinary Share shares?

Yes, Indians can buy shares of Hitek Global Inc. Ordinary Share (HKIT) on Vested. To buy Hitek Global Inc. Ordinary Share from India, you can open a US Brokerage account on Vested today by clicking on Sign Up or Invest in HKIT stock at the top of this page. The account opening process is completely digital and secure, and takes a few minutes to complete.

Can Fractional shares of Hitek Global Inc. Ordinary Share be purchased?

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.

How to invest in Hitek Global Inc. Ordinary Share shares from India?

You can invest in shares of Hitek Global Inc. Ordinary Share (HKIT) via Vested in three simple steps:

  • Click on Sign Up or Invest in HKIT stock at the top of this page
  • Breeze through our fully digital and secure KYC process and open your US Brokerage account in a few minutes
  • Transfer USD funds to your US Brokerage account and start investing in Hitek Global Inc. Ordinary Share shares
What is Hitek Global Inc. Ordinary Share 52-week high and low stock price?

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.

What is Hitek Global Inc. Ordinary Share price-to-earnings (P/E) ratio?

The price-to-earnings (P/E) ratio of Hitek Global Inc. Ordinary Share (HKIT) is 35.375

What is Hitek Global Inc. Ordinary Share price-to-book (P/B) ratio?

The price-to-book (P/B) ratio of Hitek Global Inc. Ordinary Share (HKIT) is 1.47

What is Hitek Global Inc. Ordinary Share dividend yield?

The dividend yield of Hitek Global Inc. Ordinary Share (HKIT) is 0.00%

What is the Market Cap of Hitek Global Inc. Ordinary Share?

The market capitalization of Hitek Global Inc. Ordinary Share (HKIT) is $41.46M

What is Hitek Global Inc. Ordinary Share’s stock symbol?

The stock symbol (or ticker) of Hitek Global Inc. Ordinary Share is HKIT

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