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; and sells software and hardware to large businesses, such as laptops, printers,… Read more
Hitek Global Inc. (4JX) - Total Assets
Latest total assets as of December 2024: €41.54 Million EUR
Based on the latest financial reports, Hitek Global Inc. (4JX) holds total assets worth €41.54 Million EUR as of December 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Hitek Global Inc. - Total Assets Trend (2021–2024)
This chart illustrates how Hitek Global Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Hitek Global Inc. - Asset Composition Analysis
Current Asset Composition (December 2024)
Hitek Global Inc.'s total assets of €41.54 Million consist of 82.3% current assets and 17.7% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 17.4% |
| Accounts Receivable | €1.39 Million | 3.3% |
| Inventory | €154.47K | 0.4% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €0.00 | 0.0% |
| Goodwill | €0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how Hitek Global Inc.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Hitek Global Inc.'s current assets represent 82.3% of total assets in 2024, an increase from 75.7% in 2021.
- Cash Position: Cash and equivalents constituted 17.4% of total assets in 2024, up from 12.2% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 3.3% of total assets.
Hitek Global Inc. Competitors by Total Assets
Key competitors of Hitek Global Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Alpha Modus Holdings, Inc
NASDAQ:AMOD
|
USA | $403.26K |
|
Opter AB
ST:OPTER
|
Sweden | Skr42.72 Million |
|
TurnKey Capital Inc
PINK:TKCI
|
USA | $870.80 Million |
|
Digital China Information Service Co Ltd
SHE:000555
|
China | CN¥13.60 Billion |
|
Fujian Newland Computer Co Ltd
SHE:000997
|
China | CN¥13.83 Billion |
|
YGSOFT Inc
SHE:002063
|
China | CN¥4.58 Billion |
|
Dhc Software Co Ltd
SHE:002065
|
China | CN¥25.81 Billion |
|
Zhejiang Netsun Co Ltd
SHE:002095
|
China | CN¥1.57 Billion |
Hitek Global Inc. - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Hitek Global Inc. generates 0.07x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Hitek Global Inc. is currently not profitable relative to its asset base.
Hitek Global Inc. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 13.08 | 6.88 | - |
| Quick Ratio | 13.02 | 6.84 | - |
| Cash Ratio | 0.00 | 0.00 | - |
| Working Capital | €31.57 Million | € 31.87 Million | - |
Hitek Global Inc. - Advanced Valuation Insights
This section examines the relationship between Hitek Global Inc.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.12 |
| Asset Growth Rate (YoY) | 17.3% |
| Total Assets | €41.54 Million |
| Market Capitalization | $4.96 Million USD |
Valuation Analysis
Below Book Valuation: The market values Hitek Global Inc.'s assets below their book value (0.12 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Hitek Global Inc.'s assets grew by 17.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Hitek Global Inc. (2021–2024)
The table below shows the annual total assets of Hitek Global Inc. from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €41.54 Million | +17.26% |
| 2023-12-31 | €35.43 Million | +67.07% |
| 2022-12-31 | €21.21 Million | +23.71% |
| 2021-12-31 | €17.14 Million | -- |