HKIT Stock Overview
Provides information technology (IT) consulting and solutions services to small and medium businesses in various industry sectors in China. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 1/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
Hitek Global Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$1.31 |
| 52 Week High | US$6.48 |
| 52 Week Low | US$0.54 |
| Beta | 0 |
| 1 Month Change | -4.04% |
| 3 Month Change | -6.79% |
| 1 Year Change | 11.54% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -76.53% |
Recent News & Updates
Recent updates
More Unpleasant Surprises Could Be In Store For Hitek Global Inc.'s (NASDAQ:HKIT) Shares After Tumbling 27%
Aug 13
Optimistic Investors Push Hitek Global Inc. (NASDAQ:HKIT) Shares Up 27% But Growth Is Lacking
Jun 16Hitek Global (NASDAQ:HKIT) Is Reinvesting At Lower Rates Of Return
May 22Some Hitek Global Inc. (NASDAQ:HKIT) Shareholders Look For Exit As Shares Take 26% Pounding
Mar 29Hitek Global Inc.'s (NASDAQ:HKIT) 354% Price Boost Is Out Of Tune With Earnings
Feb 09Hitek Global Inc.'s (NASDAQ:HKIT) Prospects Need A Boost To Lift Shares
Dec 23Hitek Global Inc.'s (NASDAQ:HKIT) Popularity With Investors Under Threat As Stock Sinks 54%
Jul 05Shareholder Returns
| HKIT | US IT | US Market | |
|---|---|---|---|
| 7D | -7.8% | -1.7% | -2.4% |
| 1Y | 11.5% | 12.7% | 23.4% |
Return vs Industry: HKIT underperformed the US IT industry which returned 12.6% over the past year.
Return vs Market: HKIT underperformed the US Market which returned 23.3% over the past year.
Price Volatility
| HKIT volatility | |
|---|---|
| HKIT Average Weekly Movement | 7.8% |
| IT Industry Average Movement | 8.5% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: HKIT has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: HKIT's weekly volatility has decreased from 36% to 8% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1996 | 48 | Xiaoyang Huang | www.xmhitek.com |
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. Fundamentals Summary
| HKIT fundamental statistics | |
|---|---|
| Market cap | US$38.24m |
| Earnings (TTM) | US$547.33k |
| Revenue (TTM) | US$3.45m |
69.9x
P/E Ratio11.1x
P/S RatioIs HKIT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HKIT income statement (TTM) | |
|---|---|
| Revenue | US$3.45m |
| Cost of Revenue | US$2.07m |
| Gross Profit | US$1.38m |
| Other Expenses | US$828.04k |
| Earnings | US$547.33k |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.019 |
| Gross Margin | 39.88% |
| Net Profit Margin | 15.87% |
| Debt/Equity Ratio | 9.0% |
How did HKIT perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 06:19 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Hitek Global Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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