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Hitek Global Inc. (China)

Main Activities: Software Publishers
Full name: Hitek Global Inc. Profile Updated: August 26, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

The Company is an information technology company. The Company offers network designing, technology research, software development, system installation, and IT consulting solutions.
The Company have two lines of businesses: services to small and medium businesses (“SMEs”), which consists of Anti-Counterfeiting Tax Control System (“ACTCS”) tax devices, including Golden Tax Disk (“GTD”) and printers, ACTCS services, and IT services, and services to large businesses, which consists of hardware sales and software sales.
The Company has determined that it has only one operating segment.
HISTORY
2017 The Company was incorporated under the laws of the Cayman Islands on November 3, 2017.
2023 Its Ordinary Shares started to trade on the Nasdaq Capital Market under the ticker symbol “HKIT” on March 31, 2023.

Headquarters
Unit 304, No. 30 Guanri Road, Siming District
Xiamen; Fujian; Postal Code: 361008

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Website: http://www.xmhitek.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2017
Key Executives
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Chairman
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Chief Executive Officer
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Chief Financial Officer
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Chief Technology Officer
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Director/Member of the Board
Ownership Details
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57.74%
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3.04%
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Subsidiaries
Hitek Hong Kong Limited (Hong Kong SAR, China)
100%
Huoerguosi Hengda Information Technology Co., Ltd
Tian Dahai (Xiamen) Information Technology Co. Ltd.
Company Performance
Financial values in the chart are available after Hitek Global Inc. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency USD. Absolute financial data is included in the purchased report.
Net sales revenue
-29.36%
Total operating revenue
-29.36%
Operating profit (EBIT)
-68.45%
EBITDA
-93.82%
Net Profit (Loss) for the Period
-37.21%
Total assets
106.7%
Total equity
115.89%
Operating Profit Margin (ROS)
-18.08%
Net Profit Margin
-2.87%
Return on Equity (ROE)
-9.02%
Quick Ratio
2.78%
Cash Ratio
2.01%

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