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HKIT
Upturn stock ratingUpturn stock rating

Hitek Global Inc. Ordinary Share (HKIT)

Upturn stock ratingUpturn stock rating
$1.38
Last Close (24-hour delay)
Profit since last BUY-5.56%
upturn advisory
SELL
SELL since 5 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

06/30/2025: HKIT (1-star) is a SELL. SELL since 5 days. Profits (-5.56%). Updated daily EoD!

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $0

1 Year Target Price $0

Analysts Price Target For last 52 week
$0Target price
Low$
Current$1.38
high$

Analysis of Past Performance

Type Stock
Historic Profit -85.66%
Avg. Invested days 23
Today’s Advisory SELL
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/30/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 40.14M USD
Price to earnings Ratio -
1Y Target Price -
Price to earnings Ratio -
1Y Target Price -
Volume (30-day avg) -
Beta 1.49
52 Weeks Range 1.15 - 1.86
Updated Date 06/29/2025
52 Weeks Range 1.15 - 1.86
Updated Date 06/29/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.04

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -30.87%
Operating Margin (TTM) -128.37%

Management Effectiveness

Return on Assets (TTM) -2.84%
Return on Equity (TTM) -2.82%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 12505280
Price to Sales(TTM) 13.82
Enterprise Value 12505280
Price to Sales(TTM) 13.82
Enterprise Value to Revenue 4.3
Enterprise Value to EBITDA 13.88
Shares Outstanding 21107400
Shares Floating 6005491
Shares Outstanding 21107400
Shares Floating 6005491
Percent Insiders -
Percent Institutions 0.25

Analyst Ratings

Rating -
Target Price -
Buy -
Strong Buy -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Hitek Global Inc. Ordinary Share

stock logo

Company Overview

overview logo History and Background

Hitek Global Inc. is a technology company focused on electronic components and equipment. Since inception in 2008, Hitek has grown through acquisitions, strategic partnerships and focus on technological innovations.

business area logo Core Business Areas

  • Electronic Components: Distribution and sales of various electronic components, including semiconductors, passive components, and interconnect products to various end users such as the military.
  • Logistics: Provides supply chain solutions for the electronics industry, including inventory management, warehousing, and distribution services.
  • Custom Manufacturing: Offers tailored manufacturing services, including printed circuit board assembly (PCBA) and box build assembly.

leadership logo Leadership and Structure

The company is led by its CEO and is structured into business units based on product and service offerings. The organizational structure is functional, with departments dedicated to sales, marketing, operations, and finance.

Top Products and Market Share

overview logo Key Offerings

  • Semiconductors: Sale and distribution of semiconductors, which make up a large portion of revenue. Hitek competes with large distributor companies.
  • Passive Components: Distribution of passive components like resistors, capacitors, and inductors. Hitek competes with companies like Digi-Key and Mouser.
  • PCBA (Printed Circuit Board Assembly): Provides the manufacturing and assembling of circuit boards for electronic devices.

Market Dynamics

industry overview logo Industry Overview

The electronic components distribution market is highly competitive and fragmented, influenced by factors such as technological advancements, economic conditions, and geopolitical events. Continued growth is seen from AI and cloud computing demand.

Positioning

Hitek Global positions itself as a niche player, focusing on providing specialized services and value-added solutions in specific market segments. Their competitive advantage lies in their flexibility and customer-centric approach.

Total Addressable Market (TAM)

The global electronic components market is multi-billion market. Hitek Global's positioning allows it to compete for a portion of the market.

Upturn SWOT Analysis

Strengths

  • Strong customer relationships
  • Specialized service offerings
  • Adaptable to market changes
  • Global distribution network

Weaknesses

  • Smaller market share compared to larger competitors
  • Reliance on a few key suppliers
  • Lower brand recognition
  • Dependence on industry cycle

Opportunities

  • Expansion into new geographic markets
  • Increased demand for electronic components in emerging industries
  • Strategic acquisitions to expand product portfolio
  • Growing demand in AI and cloud computing

Threats

  • Intense price competition
  • Economic downturns
  • Supply chain disruptions
  • Technological obsolescence

Competitors and Market Share

competitor logo Key Competitors

  • AVT
  • ARROW
  • WPG

Competitive Landscape

Hitek Global is a smaller player competing with much larger distributors, such as Arrow and Avnet. It competes by focusing on niches. The advantage of specialization and the disadvantage of smaller market share and reduced negotiating power.

Major Acquisitions

Channel Source International

  • Year: 2022
  • Acquisition Price (USD millions): 14.1
  • Strategic Rationale: The acquisition allows Hitek to expand its presence and customer base in military and industrial market sectors.

Growth Trajectory and Initiatives

Historical Growth: Requires prior years financials. Hypothetically: Hitek Global has experienced moderate growth in recent years.

Future Projections: Future projections would need a specific analyst report. Hypothetically: Analyst projections suggest continued growth, driven by increased investment in the defense industry.

Recent Initiatives: Recent initiatives might include new product launches, market expansions, or strategic acquisitions.

Summary

Hitek Global, as a small entity in the electronics sector, exhibits adaptability and customer focus. The company's size provides flexibility to address customer requests, but on the other hand, restricts its abilities to compete with giants. The company should also watch out for competition.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company filings
  • Industry reports

Disclaimers:

This analysis is based on available information and general industry knowledge. It is not financial advice.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Hitek Global Inc. Ordinary Share

Exchange NASDAQ
Headquaters -
IPO Launch date 2023-03-31
CEO & Director Ms. Xiaoyang Huang
Sector Technology
Industry Software - Application
Full time employees 30
Full time employees 30

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; 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.