Company Analysis

Hitek Global Inc. (HKIT)

Nasdaq: HKIT · Services-Prepackaged Software · Xiamen, Fujian Province, CN · filing with the SEC since 2018
Grade4.6
◀ Past 4.1● Present 4.4▶ Future 5.2
1 est.

Income statement, as filed

In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018
Report filedApr 24, 2026Apr 25, 2025Apr 5, 2024Apr 27, 2023May 13, 2022Apr 29, 2021Jun 3, 2020·
Revenue6,536,1842,904,9504,563,7316,428,6086,461,1635,804,7276,933,9526,915,778
For lenders
Net interest income·225,665102,41821,6996,5256,522··
For insurers
Net investment income·58,130208,626-19,363103,37599,574103,244-141,254
Cost of revenue5,845,7131,899,0652,642,4912,891,5652,581,2182,633,4553,188,8253,039,406
Gross profit690,4711,005,8851,921,2403,537,0433,879,9453,171,2723,745,1273,876,372
Research and development··38,22142,05243,66135,90425,32226,833
General and administrative2,477,4122,751,3131,819,5311,472,6481,699,9341,415,4841,222,5211,069,253
Total operating expenses2,481,8902,753,0291,820,1791,909,8331,776,4111,417,4961,553,0771,071,649
Total costs and expenses1,306,0001,306,000·199,414····
Operating income-1,791,419-1,747,144101,0611,627,2102,103,5341,753,7762,192,0502,804,723
Interest expense308,870313,937313,861285,353····
Interest and investment income1,382,934336,241330,552-19,363103,37599,574103,244·
Other income (expense), net2,71650,796-5,029·····
Total non-operating income (expense)1,920,126890,2011,493,465241,753108,676···
Income before income taxes128,707-856,9431,594,5261,868,9632,212,2101,958,1012,358,1722,692,310
Income tax expense-51,43539,747546,885453,218542,853269,242339,178472,695
Income from continuing operations···1,415,7451,669,3571,688,8592,018,9942,219,615
Net income including non-controlling interests···1,415,7451,669,357r1,688,859r-2,018,994r1,856,069
Net income180,142-896,6901,047,6411,415,7451,669,3571,688,8592,018,9942,219,615
Earnings per share, basic0.02-0.11r0.13r0.130.150.15··
Earnings per share, diluted0.02-0.11r0.13r0.130.150.15··
Earnings per share, basic and diluted·····0.150.180.20
Weighted average shares, basic8,614,1478,440,232r8,293,309r10,987,67910,987,67910,987,679··
Weighted average shares, diluted8,614,1478,440,232r8,293,309r10,987,67910,987,67910,987,679··
Weighted average shares, basic and diluted·····10,987,67910,987,67910,987,679
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:Revenues
us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax
Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet
Net investment income what its investments earnedus-gaap:NetInvestmentIncome
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfRevenue
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Total costs and expenses every operating cost, the cost of revenue includedus-gaap:CostsAndExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense
Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeNet
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Earnings per share, basic and diluted net income per share, where both counts are the sameus-gaap:EarningsPerShareBasicAndDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
Weighted average shares, basic and diluted the average count, where both counts are the sameus-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted
SI Assistanton HKIT · research, not advice