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Hitek Global Inc. HKIT
Technology - Software - Application - NASDAQ - CN
Watchlist
$ 1.32
0 %
$ 27.9 M
Market Cap
33.0
P/E
1. INTRINSIC VALUE

Hitek Global Inc. provides information technology (IT) consulting and solutions to business in various industry sectors in China. It offers services to small and medium businesses, which consist of anti-counterfeiting tax control system (ACTCS) tax devices, including golden tax disk and printers, ACTCS services, and IT services; and sells hardware to large businesses, such as laptops, printers, desktop computers and related accessories, as well as Internet servers, cameras, and monitors. Hitek Global Inc. was founded in 1996 and is headquartered in Xiamen, China.[ Read More ]

The intrinsic value of one HKIT stock under the base case scenario is HIDDEN Compared to the current market price of 1.32 USD, Hitek Global Inc. is HIDDEN

HKIT Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart HKIT

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FINANCIALS
4.56 M REVENUE
-29.01%
Growth Rates
1Year -29.01%
3Years -7.70%
5Years -7.98%
7Years -5.73%
10Years 0.00%
101 K OPERATING INCOME
-93.79%
Growth Rates
1Year -93.79%
3Years -61.37%
5Years -48.56%
7Years -18.22%
10Years 0.00%
1.05 M NET INCOME
-26.00%
Growth Rates
1Year -26.00%
3Years -14.71%
5Years -13.94%
7Years 15.59%
10Years 0.00%
1.63 M OPERATING CASH FLOW
-57.25%
Growth Rates
1Year -57.25%
3Years -5.43%
5Years 38.45%
7Years 100.15%
10Years 0.00%
-6.95 M INVESTING CASH FLOW
5.48%
Growth Rates
1Year 5.48%
3Years -100.25%
5Years -76.51%
7Years -253.56%
10Years 0.00%
15.1 M FINANCING CASH FLOW
450.75%
Growth Rates
1Year 450.75%
3Years 0.00%
5Years 0.00%
7Years 39.87%
10Years 0.00%
1.83 M REVENUE
126.98%
Growth Rates
1Year -29.01%
3Years -7.70%
5Years -7.98%
7Years -5.73%
10Years 0.00%
-372 K OPERATING INCOME
-82.89%
Growth Rates
1Year -93.79%
3Years -61.37%
5Years -48.56%
7Years -18.22%
10Years 0.00%
122 K NET INCOME
-42.84%
Growth Rates
1Year -26.00%
3Years -14.71%
5Years -13.94%
7Years 15.59%
10Years 0.00%
729 K OPERATING CASH FLOW
655.04%
Growth Rates
1Year -57.25%
3Years -5.43%
5Years 38.45%
7Years 100.15%
10Years 0.00%
-11 M INVESTING CASH FLOW
-544.53%
Growth Rates
1Year 5.48%
3Years -100.25%
5Years -76.51%
7Years -253.56%
10Years 0.00%
8.2 M FINANCING CASH FLOW
493.73%
Growth Rates
1Year 450.75%
3Years 0.00%
5Years 0.00%
7Years 39.87%
10Years 0.00%
Balance Sheet Decomposition Hitek Global Inc.
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Current Assets 24.8 M
Cash & Short-Term Investments 18.1 M
Receivables 6.06 M
Other Current Assets 582 K
Non-Current Assets 11.4 M
Long-Term Investments 9.82 M
PP&E 407 K
Other Non-Current Assets 1.22 M
Current Liabilities 3.37 M
Accounts Payable 532 K
Short-Term Debt 496 K
Other Current Liabilities 2.34 M
Non-Current Liabilities 4.52 M
Long-Term Debt 2.11 M
Other Non-Current Liabilities 2.41 M
EFFICIENCY
Earnings Waterfall Hitek Global Inc.
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Revenue 4.56 M
Cost Of Revenue 2.64 M
Gross Profit 1.92 M
Operating Expenses 1.82 M
Operating Income 101 K
Other Expenses -947 K
Net Income 1.05 M
RATIOS
42.10% GROSS MARGIN
42.10%
Averages
1Year 42.10%
3Years 52.39%
5Years 53.16%
7Years 53.61%
10Years 0.00%
2.21% OPERATING MARGIN
2.21%
Averages
1Year 2.21%
3Years 20.03%
5Years 24.38%
7Years 28.60%
10Years 0.00%
22.96% NET MARGIN
22.96%
Averages
1Year 22.96%
3Years 23.61%
5Years 25.81%
7Years 27.45%
10Years 0.00%
3.70% ROE
3.70%
Averages
1Year 3.70%
3Years 8.96%
5Years 12.91%
7Years 19.62%
10Years 0.00%
2.89% ROA
2.89%
Averages
1Year 2.89%
3Years 6.44%
5Years 9.72%
7Years 14.66%
10Years 0.00%
0.21% ROIC
0.21%
Averages
1Year 0.21%
3Years 6.72%
5Years 10.93%
7Years 18.31%
10Years 0.00%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Hitek Global Inc.
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Net Income 1.05 M
Depreciation & Amortization 53.8 K
Capital Expenditures -676 K
Stock-Based Compensation 0
Change in Working Capital 500 K
Others -1.28 M
Free Cash Flow 959 K
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Hitek Global Inc.
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HKIT has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION

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eGain Corporation develops, licenses, implements, and supports customer service infrastructure software solutions in North America, Europe, the Middle East, Africa, and the Asia Pacific.

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Research Solutions, Inc., through its subsidiaries, provides cloud-based software-as-a-service research platform. The company is also involved in the transactional sale of published scientific, technical, and medical (STM) content managed, sourced, and delivered through the Transactions platform.

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3.31 USD
RSSS
Undervalued 13.98%
6. Ownership
Insider Ownership Hitek Global Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
7. News
Hitek Global Inc. Announces First Half of Fiscal Year 2024 Financial Results XIAMEN, China , Oct. 28, 2024 /PRNewswire/ -- Hitek Global Inc. (Nasdaq: HKIT) (the "Company"), a China-based information technology consulting and solutions service provider, today announced its unaudited financial results for the six months ended June 30, 2024. Ms. Xiaoyang Huang, Chief Executive Officer and Director of Hitek Global Inc., commented, "We are pleased to report a solid performance for the first half of fiscal year 2024, as we continue to adapt to an evolving market environment. prnewswire.com - 2 weeks ago
Hitek Global Inc. Announces Fiscal Year 2023 Financial Results XIAMEN, China , April 9, 2024 /PRNewswire/ -- Hitek Global Inc. (Nasdaq: HKIT) (the "Company"), a China-based information technology consulting and solutions service provider, today announced its financial results for the fiscal year ended December 31, 2023. Ms. Xiaoyang Huang, Chief Executive Officer and Director of Hitek Global Inc. commented, "During the year ended December 31, 2023, due to governmental policy adjustments, the service fee portion of our tax control business has been affected to some extent, resulting in a decline in overall revenue. prnewswire.com - 7 months ago
HKIT and HOLO Stock: Speculators Are Sending 2 Penny Stocks to the Moon Today In certain pockets of the market, we're seeing some really interesting price action take shape. Two high-profile penny stocks that have been ripping recently are Hitek Global (NASDAQ: HKIT ) and MicroCloud Hologram (NASDAQ: HOLO ). investorplace.com - 9 months ago
5 Investors Betting Big on Hitek Global (HKIT) Stock Shares of Hitek Global (NASDAQ: HKIT ) are surging higher today by nearly 300%, although the reasons behind the jump aren't exactly clear. The company operates as a holding company of several Chinese subsidiaries with a focus on information technology and technical consulting. investorplace.com - 9 months ago
Why Is Hitek Global (HKIT) Stock Up 518% Today? Hitek Global (NASDAQ: HKIT ) stock is rocketing higher on Thursday despite a lack of news from the company and heavy trading of its shares. HKIT stock is rallying this morning as more than 16 million of the company's shares trade hands. investorplace.com - 9 months ago
Hitek Global Inc. Announces First Half of Fiscal Year 2023 Financial Results XIAMEN, China , Nov. 7, 2023 /PRNewswire/ -- Hitek Global Inc. (Nasdaq: HKIT) (the "Company"), a China-based information technology consulting and solutions service provider, today announced its unaudited financial results for the six months ended June 30, 2023. Ms. Xiaoyang Huang, Chief Executive Officer and Director of Hitek Global Inc. commented, "We are proud to share our robust financial performance for the first half of fiscal year 2023, which underscores another six months of growth and profitability. prnewswire.com - 1 year ago
U.S. IPO Weekly Recap: Q1 IPO Market Wraps Up With 8 Foreign Issuers Eight issuers began trading this past week. Six IPOs and one SPAC submitted initial filings this past week. seekingalpha.com - 1 year ago
8. Profile Summary

Hitek Global Inc. HKIT

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COUNTRY CN
INDUSTRY Software - Application
MARKET CAP $ 27.9 M
Dividend Yield 0.00%
Description Hitek Global Inc. provides information technology (IT) consulting and solutions to business in various industry sectors in China. It offers services to small and medium businesses, which consist of anti-counterfeiting tax control system (ACTCS) tax devices, including golden tax disk and printers, ACTCS services, and IT services; and sells hardware to large businesses, such as laptops, printers, desktop computers and related accessories, as well as Internet servers, cameras, and monitors. Hitek Global Inc. was founded in 1996 and is headquartered in Xiamen, China.
Contact Unit 304, Xiamen, http://www.xmhitek.com
IPO Date March 31, 2023
Employees 48
Officers Ms. Tianyu Xia Chief Financial Officer Mr. Bo Shi Chief Technology Officer Ms. Xiaoyang Huang Chief Executive Officer & Director