HiTek Global Inc. financial data

Symbol
HKIT on Nasdaq
Industry
Services-Prepackaged Software
Location
Unit 304, No. 30 Guanri Road, Siming District, Xiamen, Fujian Province, China
State of incorporation
Cayman Islands
Fiscal year end
December 31
Latest financial report
20-F - Q4 2023 - Apr 5, 2024

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 11M shares 0%
Common Stock, Value, Issued 1.44K USD +30.9%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 9.31M USD +674%
Accounts Receivable, after Allowance for Credit Loss, Current 2.12M USD -35.2%
Inventory, Net 220K USD -49%
Other Assets, Current 11.3M USD -4.27%
Assets, Current 24.8M USD +122%
Property, Plant and Equipment, Net 403K USD +228%
Operating Lease, Right-of-Use Asset 3.31K USD -50.2%
Other Assets, Noncurrent 9.1M USD +118%
Assets 35.4M USD +67.1%
Accounts Payable, Current 532K USD -23.6%
Contract with Customer, Liability, Current 70.5K USD
Liabilities, Current 3.37M USD -19.8%
Deferred Income Tax Liabilities, Net 1.6M USD +23.4%
Operating Lease, Liability, Noncurrent 1.64K USD
Liabilities 7.09M USD -7.66%
Accumulated Other Comprehensive Income (Loss), Net of Tax -609K USD -118%
Retained Earnings (Accumulated Deficit) 11.4M USD +10.1%
Stockholders' Equity Attributable to Parent 28.3M USD +109%
Liabilities and Equity 35.4M USD +67.1%

Popular Metrics

Label TTM Value / Value Unit Change %
Common Stock, Shares Authorized 490M shares 0%
Common Stock, Shares, Issued 14.4M shares +31%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 9.31M USD +674%
Deferred Tax Assets, Valuation Allowance 32.9K USD +187%
Deferred Tax Assets, Gross 806K USD -17.7%
Operating Lease, Liability 3.31K USD -50.2%
Lessee, Operating Lease, Liability, to be Paid 3.38K USD
Property, Plant and Equipment, Gross 1.89M USD +18.4%
Operating Lease, Liability, Current 3.31K USD +2.07%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.65K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 3.38K USD -2.65%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 73 USD -76.2%
Deferred Tax Assets, Operating Loss Carryforwards 8.34K USD +56.9%
Additional Paid in Capital 16.7M USD +536%
Preferred Stock, Shares Outstanding 14.4M shares +31%
Deferred Tax Assets, Net of Valuation Allowance 864K USD
Operating Leases, Future Minimum Payments Due 4.96K USD