Hitek Global Inc. (HKIT) - Net Assets
Based on the latest financial reports, Hitek Global Inc. (HKIT) has net assets worth $36.01 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($42.58 Million) and total liabilities ($6.57 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check how strategically is Hitek Global Inc.'s equity deployed to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $36.01 Million |
| % of Total Assets | 84.57% |
| Annual Growth Rate | 35.44% |
| 5-Year Change | 174.34% |
| 10-Year Change | N/A |
| Growth Volatility | 41.21 |
Hitek Global Inc. - Net Assets Trend (2016–2025)
This chart illustrates how Hitek Global Inc.'s net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see HKIT market cap.
Annual Net Assets for Hitek Global Inc. (2016–2025)
The table below shows the annual net assets of Hitek Global Inc. from 2016 to 2025. Also explore Hitek Global Inc. (HKIT) equity growth momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $36.01 Million | +2.08% |
| 2024-12-31 | $35.27 Million | +24.48% |
| 2023-12-31 | $28.34 Million | +109.50% |
| 2022-12-31 | $13.53 Million | +3.05% |
| 2021-12-31 | $13.13 Million | +17.55% |
| 2020-12-31 | $11.17 Million | +24.69% |
| 2019-12-31 | $8.96 Million | +27.27% |
| 2018-12-31 | $7.04 Million | +35.83% |
| 2017-12-31 | $5.18 Million | +120.59% |
| 2016-12-31 | $2.35 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hitek Global Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1074189300.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $10.67 Million | 29.63% |
| Common Stock | $2.93K | 0.01% |
| Other Comprehensive Income | $416.12K | 1.16% |
| Other Components | $24.92 Million | 69.20% |
| Total Equity | $36.01 Million | 100.00% |
Hitek Global Inc. Competitors by Market Cap
The table below lists competitors of Hitek Global Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Propanc Biopharma, Inc. Common Stock
NASDAQ:PPCB
|
$1.94 Million |
|
BATHURST METALS CORP.
F:J1Q0
|
$1.94 Million |
|
Baillie Gifford China Growth Trust PLC
LSE:BGCG
|
$1.94 Million |
|
CrownHaitai Holdings Co Ltd Preference Shares
KO:005745
|
$1.94 Million |
|
Ferrexpo PLC
LSE:FXPO
|
$1.93 Million |
|
Lambo Group Bhd
KLSE:0018
|
$1.93 Million |
|
Leapfrog Acquisition Corporation Warrants
NASDAQ:LFACW
|
$1.93 Million |
|
Galore Resources Inc
V:GRI
|
$1.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hitek Global Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 35,274,920 to 36,010,312, a change of 735,392 (2.1%).
- Net income of 180,142 contributed positively to equity growth.
- Other comprehensive income increased equity by 555,250.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $180.14K | +0.5% |
| Other Comprehensive Income | $555.25K | +1.54% |
| Total Change | $- | 2.08% |
Book Value vs Market Value Analysis
This analysis compares Hitek Global Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.00x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | $188.33 | $2.42 | x |
| 2017-12-31 | $589.36 | $2.42 | x |
| 2018-12-31 | $586.87 | $2.42 | x |
| 2019-12-31 | $718.18 | $2.42 | x |
| 2020-12-31 | $1270.36 | $2.42 | x |
| 2021-12-31 | $1094.76 | $2.42 | x |
| 2022-12-31 | $1538.85 | $2.42 | x |
| 2023-12-31 | $2671.84 | $2.42 | x |
| 2024-12-31 | $3063.65 | $2.42 | x |
| 2025-12-31 | $5225.70 | $2.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hitek Global Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.50%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.76%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 1.18x
- Recent ROE (0.50%) is below the historical average (15.15%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 16.18% | 5.51% | 1.50x | 1.96x | $145.18K |
| 2017 | 41.22% | 31.00% | 0.97x | 1.38x | $1.62 Million |
| 2018 | 31.54% | 32.09% | 0.75x | 1.31x | $1.52 Million |
| 2019 | 22.54% | 29.12% | 0.60x | 1.28x | $1.12 Million |
| 2020 | 15.12% | 29.09% | 0.40x | 1.29x | $572.21K |
| 2021 | 12.72% | 25.84% | 0.38x | 1.31x | $356.73K |
| 2022 | 10.47% | 22.02% | 0.30x | 1.57x | $63.09K |
| 2023 | 3.70% | 22.96% | 0.13x | 1.25x | $-1.79 Million |
| 2024 | -2.54% | -30.87% | 0.07x | 1.18x | $-4.42 Million |
| 2025 | 0.50% | 2.76% | 0.15x | 1.18x | $-3.42 Million |
Industry Comparison
This section compares Hitek Global Inc.'s net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $553,884,219
- Average return on equity (ROE) among peers: 2.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hitek Global Inc. (HKIT) | $36.01 Million | 16.18% | 0.18x | $1.94 Million |
| Accenture plc (ACN) | $3.19 Billion | 52.99% | 2.88x | $107.58 Billion |
| AIOS Tech Inc. (AIOS) | $189.80 Million | 9.28% | 0.49x | $40.99 Million |
| Alithya Group Inc (ALYAF) | $187.07 Million | -8.91% | 1.48x | $75.13 Million |
| Applied Digital Corporation (APLD) | $4.39 Million | -5.99% | 0.46x | $6.69 Billion |
| ARB IOT Group Limited Ordinary Shares (ARBB) | $190.37 Million | -35.89% | 0.09x | $7.46 Million |
| ASGN Inc (ASGN) | $219.49 Million | -4.51% | 0.55x | $897.55 Million |
| Aurora Innovation Inc (AUR) | $486.70 Million | -43.97% | 0.27x | $8.73 Billion |
| BigBearai Holdings Inc (BBAI) | $-37.87 Million | 0.00% | 0.00x | $1.35 Billion |
| Broadridge Financial Solutions Inc (BR) | $1.09 Billion | 39.10% | 2.02x | $18.21 Billion |
| BIT Mining Limited (BTCM) | $11.83 Million | 18.23% | 3.54x | $18.91 Million |
About Hitek Global Inc.
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 business… Read more