Hitek Global Inc. (HKIT)

Hitek Global Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	7.22	9.31	1.2	2.09	1.86	0.78
Short-Term Investments	13.19	3	1.88	-	0.46	-
Trading Asset Securities	4.95	5.84	2.41	5.2	2.37	1.97
Cash & Short-Term Investments	25.36	18.15	5.49	7.29	4.69	2.74
Cash Growth	107.45%	230.37%	-24.63%	55.48%	70.90%	-3.22%
Accounts Receivable	1.94	2.12	3.67	2.77	2.83	3.76
Other Receivables	0.9	0.33	0.09	0.11	0.91	0.2
Receivables	10.72	6.06	4.77	3.09	3.89	3.97
Inventory	0.19	0.22	0.91	1.15	1.02	0.52
Prepaid Expenses	-	0.02	0	0.04	0.01	0
Other Current Assets	1.03	0.34	-	1.39	1.17	0.79
Total Current Assets	37.29	24.79	11.18	12.97	10.78	8.02
Property, Plant & Equipment	0.95	0.41	0.13	0.16	0.5	0.85
Long-Term Investments	1	1	-	-	-	-
Long-Term Accounts Receivable	-	-	-	-	0.81	0.58
Long-Term Deferred Charges	-	-	0.92	-	-	-
Other Long-Term Assets	4.26	5.01	4.63	4.02	2.31	2.03
Total Assets	43.5	35.43	21.21	17.14	14.41	11.49
Accounts Payable	0.6	0.53	0.7	0.52	0.38	0.19
Accrued Expenses	1.66	1.53	1.54	1.28	1.22	0.95
Current Portion of Long-Term Debt	2.55	0.49	0.51	-	-	-
Current Portion of Leases	-	0	0	-	-	-
Current Income Taxes Payable	0.47	0.56	0.4	0.2	0.03	0.02
Current Unearned Revenue	0.07	0.17	0.98	0.78	0.75	0.76
Other Current Liabilities	0.08	0.08	0.07	0.01	0	0.04
Total Current Liabilities	5.42	3.37	4.2	2.79	2.38	1.97
Long-Term Debt	-	2.11	2.17	-	-	-
Long-Term Leases	-	-	0	-	-	-
Long-Term Deferred Tax Liabilities	1.73	1.6	1.3	1.23	0.86	0.56
Total Liabilities	15.36	7.09	7.68	4.01	3.24	2.53
Common Stock	0	0	0	0	0	0
Additional Paid-In Capital	16.72	16.72	2.63	2.63	2.63	2.63
Retained Earnings	12.35	12.22	11.18	9.76	8.09	6.4
Comprehensive Income & Other	-0.92	-0.61	-0.28	0.74	0.45	-0.08
Shareholders' Equity	28.14	28.34	13.53	13.13	11.17	8.96
Total Liabilities & Equity	43.5	35.43	21.21	17.14	14.41	11.49
Total Debt	2.55	2.61	2.68	-	-	-
Net Cash (Debt)	22.81	15.54	2.81	7.29	4.69	2.74
Net Cash Growth	135.95%	453.14%	-61.46%	55.48%	70.90%	-3.22%
Net Cash Per Share	-	1.17	0.26	0.66	0.43	0.25
Filing Date Shares Outstanding	-	14.39	14.19	10.99	10.99	10.99
Total Common Shares Outstanding	-	14.39	10.99	10.99	10.99	10.99
Working Capital	31.87	21.41	6.98	10.18	8.39	6.06
Book Value Per Share	-	1.97	1.23	1.19	1.02	0.82
Tangible Book Value	28.14	28.34	13.53	13.13	11.17	8.96
Tangible Book Value Per Share	-	1.97	1.23	1.19	1.02	0.82
Buildings	0.58	0.59	0.45	0.49	0.47	0.45
Machinery	0.21	0.26	0.08	0.08	0.08	0.08

Source: S&P Capital IQ. Standard template. Financial Sources.