Hitek Global Inc. (HKIT)

Market Cap	20.44M
Revenue (ttm)	4.56M
Net Income (ttm)	1.05M
Shares Out	14.39M
EPS (ttm)	0.08
PE Ratio	17.75
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	737,995
Open	1.480
Previous Close	1.350
Day's Range	1.280 - 1.510
52-Week Range	0.543 - 39.796
Beta	n/a
Analysts	n/a
Price Target	n/a
Earnings Date	May 25, 2024

About HKIT

Hitek Global Inc. provides information technology (IT) consulting and solutions to small and medium businesses in various industry sectors in China. It 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. The company was founded in 1996 and is headquartered in Xiamen, China.

• Industry: Software - Application
• Sector: Technology
• IPO Date: Mar 31, 2023
• Employees: 48
• Stock Exchange: NASDAQ
• Ticker Symbol: HKIT

Financial Performance

In 2023, Hitek Global's revenue was $4.56 million, a decrease of -29.01% compared to the previous year's $6.43 million. Earnings were $1.05 million, a decrease of -26.00%.