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
Oct 29, 2024

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 11M shares 0%
Common Stock, Shares, Outstanding 14.4M shares
Common Stock, Value, Issued 1.44K USD +30.9%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 7.22M USD +31.3%
Accounts Receivable, after Allowance for Credit Loss, Current 1.94M USD +53.4%
Inventory, Net 193K USD -57.8%
Other Assets, Current 11.3M USD -4.27%
Assets, Current 37.3M USD +66.7%
Property, Plant and Equipment, Net 946K USD +302%
Operating Lease, Right-of-Use Asset 3.31K USD -50.2%
Other Assets, Noncurrent 9.1M USD +118%
Assets 43.5M USD +31.1%
Accounts Payable, Current 600K USD +7.19%
Accrued Liabilities, Current 338K USD
Contract with Customer, Liability, Current 65K USD -7.85%
Liabilities, Current 5.42M USD -4.96%
Deferred Income Tax Liabilities, Net 1.73M USD +14.5%
Operating Lease, Liability, Noncurrent 1.64K USD
Liabilities 15.4M USD +113%
Accumulated Other Comprehensive Income (Loss), Net of Tax -924K USD -19%
Retained Earnings (Accumulated Deficit) 11.5M USD +25.4%
Stockholders' Equity Attributable to Parent 28.1M USD +8.43%
Liabilities and Equity 43.5M USD +31.1%

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 7.22M USD +31.3%
Deferred Tax Assets, Valuation Allowance 32.9K USD +187%
Deferred Tax Assets, Gross 838K USD
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 32.9K USD -96.6%
Operating Leases, Future Minimum Payments Due 4.96K USD