Why Hitek Global Inc.’s (HKIT) Stock Is Down 75.69%
As of Tuesday, June 02, Hitek Global Inc.’s HKIT share price has dipped by 75.69%, which has investors questioning if this is right time to buy.Michael Rose
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COMPANY SUMMARY
Hitek Global Inc., through its subsidiaries, provides information technology (IT) consulting and solutions services to small and medium, and large businesses in China. The company offers anti-counterfeiting tax control system (ACTCS) tax devices, including golden tax disk and printers, ACTCS services, and IT services; business consulting 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. It also sells communication interface system, a software used by petrochemical and coal businesses to collect industrial, electricity, facility pressure, and temperature statistics and convert to readable format for analytical purposes. In addition, the company provides IT maintenance services. Hitek Global Inc. was founded in 1996 and is headquartered in Xiamen, China.
Commentary & Analysis
Why Hitek Global Inc.’s (HKIT) Stock Is Down 84.13%
As of Tuesday, June 02, Hitek Global Inc.’s HKIT share price has dipped by 84.13%, which has investors questioning if this is right time to buy.Jenna Brashear
Why Hitek Global Inc.’s (HKIT) Stock Is Up 5.37%
As of Tuesday, January 13, Hitek Global Inc.’s HKIT share price has surged by 5.37%, which has investors questioning if this is right time to sell.Cynthia McLaughlin
Why Hitek Global Inc.’s (HKIT) Stock Is Up 5.58%
As of Thursday, January 08, Hitek Global Inc.’s HKIT share price has surged by 5.58%, which has investors questioning if this is right time to sell.Cynthia McLaughlin
Why Hitek Global Inc.’s (HKIT) Stock Is Up 12.36%
As of Thursday, January 08, Hitek Global Inc.’s HKIT share price has surged by 12.36%, which has investors questioning if this is right time to sell.Tudor Pop
Financial Summary
| Share Statistics | HKIT | Industry Median |
Percentile (All Stocks) |
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| Market Cap (Mil) | $23.4 | $832.9 | 11% |
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| Shares Out (Mil) | 0.2 | 45.0 | 1% |
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| Institutional Ownership | 16.5% | 74.1% | 8% |
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| Float (Mil) | 0.0 | 40.1 | 0% |
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| Beta | 1.15 | 0.91 | 68% |
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| Avg Daily Volume (000s) | 33 | 661 | 25% |
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| Price Change (52-week) |
(100.0%) | 56.1% | 0% |
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| Growth | HKIT | Industry Median |
Percentile (All Stocks) |
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| Sales (5yr) | 2.3% | 8.3% | 24% |
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| Net Income (5yr) | (34.8%) | 4.8% | 11% |
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| EPS (5yr) | na | 10.8% | na |
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| Dividends (5yr) | 0.0% | 0.0% | 0% |
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| Cash Flow (5yr) | na | (16.0%) | na |
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| Estimates | Qtrly | Current Fiscal Year |
Next Fiscal Year |
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| # of Estimates | na | na | na | |
| Current EPS | na | na | na | |
| Month Ago EPS | na | na | na | |
| # Rev Up | na | na | na | |
| # Rev Down | na | na | na | |
| Three Months Ago EPS | na | na | na | |
| Year/Year Chg | na | na | na | |
| Financials | HKIT | Industry Median |
Percentile (All Stocks) |
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| Sales (TTM) (Mil) | $7 | $611 | 7% |
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| Net Income (TTM) (Mil) | $0 | ($1) | 39% |
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| EPS (TTM) | $1.568 | $0.000 | 67% |
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| Operating Cash Flow (TTM) (Mil) | ($2) | $60 | 30% |
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| Net Cash Flow (TTM) (Mil) | na | $2 | na |
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| Long-Term Debt (Q1) (Mil) | $0 | $113 | 0% |
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| Enterprise Value (Q1) (Mil) | $16 | $1,202 | 10% |
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| Valuation | HKIT | Industry Median |
Percentile (All Stocks) |
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| P/B | 0.65 | 2.25 | 11% |
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| P/E | 1.8 | 17.1 | 1% |
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| Dividend Yield | 0.0% | 0.0% | 0% |
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| PEG (5yr hist) | na | 1.6 | na |
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| Ratios | HKIT | Industry Median |
Percentile (All Stocks) |
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| Gross Margin | 10.6% | 34.7% | 10% |
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| Net Margin | 2.8% | (0.1%) | 40% |
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| ROA | 0.4% | (0.4%) | 40% |
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| ROE | 0.5% | 3.8% | 36% |
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| Liabilities to Assets | 15.4% | 51.2% | 10% |
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| F-Score | 4 | 4 | na |
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Passing Stock Screens
As of 9/4/2026, from a list of 60 stock screening strategies,
FACTOR STRATEGY
Fundamental Rule of Thumb Screen
Factors: Value
An old value screen combining the P/E ratio, dividend yield, and an adjusted return on equity that's still applicable in today's market.
| Performance Since Inception: | 6.6% |
| +/- S&P 500: | -0.9 |
