HKIT

Hitek Global Inc. Stock Price

NasdaqCM:HKIT Community·US$56.8m Market Cap
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HKIT Share Price Performance

US$1.81
0.38 (26.57%)
US$1.81
0.38 (26.57%)
Price US$1.81

HKIT Community Narratives

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Recent HKIT News & Updates

Some Confidence Is Lacking In Hitek Global Inc.'s (NASDAQ:HKIT) P/E

Feb 17
Some Confidence Is Lacking In Hitek Global Inc.'s (NASDAQ:HKIT) P/E

More Unpleasant Surprises Could Be In Store For Hitek Global Inc.'s (NASDAQ:HKIT) Shares After Tumbling 27%

Aug 13
More Unpleasant Surprises Could Be In Store For Hitek Global Inc.'s (NASDAQ:HKIT) Shares After Tumbling 27%

Hitek Global Inc. Key Details

US$2.9m

Revenue

US$1.9m

Cost of Revenue

US$1.0m

Gross Profit

US$1.9m

Other Expenses

-US$896.7k

Earnings

Last Reported Earnings
Dec 31, 2024
Next Reporting Earnings
n/a
Earnings per share (EPS)
-0.031
Gross Margin
34.63%
Net Profit Margin
-30.87%
Debt/Equity Ratio
7.2%

Hitek Global Inc. Competitors

 
 
 
 
 
 
 
 
 
 
 
 

Snowflake Analysis

Mediocre balance sheet with low risk.

3 Risks
0 Rewards

About HKIT

Founded
1996
Employees
30
CEO
Xiaoyang Huang
WebsiteView website
www.xmhitek.com

Hitek Global Inc., through its subsidiaries, provides information technology (IT) consulting and solutions services to small and medium, and large businesses 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 sells 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. In addition, the company provides IT maintenance services. Hitek Global Inc. was founded in 1996 and is headquartered in Xiamen, China.

Market Insight

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Chinese Market Performance

  • 7 Days: -0.2%
  • 3 Months: 16.4%
  • 1 Year: 29.8%
  • Year to Date: 26.3%
In the last week, the market has stayed flat, however the Utilities sector stood out, gaining 3.3%. Meanwhile, the market is actually up 30% over the past year. As for the next few years, earnings are expected to grow by 26% per annum. Market details ›