HKIT Financials: Hitek Global Inc AI Analysis

Home

Stock

HKIT

Financials

HKIT Financial

Hitek Global Inc

$1.19

13.33%

$0.13

At close: Mar 20, 16:00:00 GMT-4

$1.18

-0.84%

$-0.01

Post-market: Mar 20, 20:00:00 GMT-4

Overview Forecast Earnings Dividends Financials

Key Stats

Prev.Close

$1.05

Open

$1.32

Day's Range

$1.05 - $1.45

52 week range

$0.531 - $4.18

Volume

1.2M

Avg.Volume

75.3K

EPS (TTM)

-0.07

Dividend yield

Market Cap

$169.9M

What is HKIT?

Hitek Global, Inc. is a holding company, which engages in the provision of information technology consulting and solutions. The company is headquartered in Xiamen, Fujian and currently employs 30 full-time employees. The company went IPO on 2021-07-21. The firm has two lines of businesses, including services to small and medium businesses (SMEs) and services to large businesses. The firm's services to small and medium businesses mainly include providing customers with the necessary Anti-Counterfeiting Tax Control System (ACTCS) for their value added tax (VAT) reporting, collection and processing. The firm's services provided to large businesses mainly include sales of communication interface system, its self-developed software which provides embedded system interface solutions, as well as laptops, printers, desktop computers and associated accessories, together with certain Internet servers, cameras and monitors.



Features

AI Copilot for Stock & Crypto

Resources

Market

Income

Balance sheet

Cash flow

Annual

Quarterly

HKIT Income

Financials in millions USD. Fiscal year is February - January.

Breakdown	TTM	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020
Revenue	3	2	4	6	6	5
Revenue Growth (YoY)	-50%	-50%	-33%	0%	20%	-17%
Cost of Revenue	2	1	2	2	2	2
Gross Profit	1	1	1	3	3	3
Selling, General & Admin	4	2	1	1	1	1
Research & Development	--	--	0	0	0	0
Operating Expenses	4	2	1	1	1	1
Other Non Operating Income (Expenses)	0	0	0	0	0	0
Pretax Income	-1	0	1	1	2	1
Income Tax Expense	0	0	0	0	0	0
Net Income	-1	0	1	1	1	1
Net Income Growth	-200%	-100%	0%	0%	0%	-50%
Shares Outstanding (Diluted)	29.29	20.6	13.25	10.99	10.99	10.99
Shares Change (YoY)	104%	55%	21%	0%	0%	0%
EPS (Diluted)	-0.07	-0.04	0.07	0.13	0.15	0.15
EPS Growth	-185%	-155%	-39%	-13%	0%	-17%
Free Cash Flow	0	0	0	3	0	1
Free Cash Flow Per Share	--	--	--	--	--	--
Gross Margin	33.33%	50%	25%	50%	50%	60%
Operating Margin	-100%	-50%	0%	16.66%	33.33%	20%
Profit Margin	-33.33%	0%	25%	16.66%	16.66%	20%
Free Cash Flow Margin	0%	0%	0%	50%	0%	20%
EBITDA	-3	-1	0	1	2	1
EBITDA Margin	-100%	-50%	0%	16.66%	33.33%	20%
D&A For EBITDA	0	0	0	0	0	0
EBIT	-3	-1	0	1	2	1
EBIT Margin	-100%	-50%	0%	16.66%	33.33%	20%
Effective Tax Rate	0%	0%	0%	0%	0%	0%

Follow-Up Questions

What are Hitek Global Inc's key financial statements?



According to the latest financial statement (Form-10K), Hitek Global Inc has a total asset of $41, Net loss of $0

What are the key financial ratios for HKIT?



Hitek Global Inc's Current ratio is 6.83, has a Net margin is 0, sales per share of $0.09.

How is Hitek Global Inc's revenue broken down by segment or geography?



Hitek Global Inc largest revenue segment is Hardware, at a revenue of 1,683,155 in the most earnings release.For geography, China is the primary market for Hitek Global Inc, at a revenue of 2,904,950.

Is Hitek Global Inc profitable?



no, according to the latest financial statements, Hitek Global Inc has a net loss of $0

Does Hitek Global Inc have any liabilities?



yes, Hitek Global Inc has liability of 6

How many outstanding shares for Hitek Global Inc?



Hitek Global Inc has a total outstanding shares of 29.29

Hitek Global Inc (HKIT) Financial

HKIT Stock Price Chart