Hitek Global Inc. Ordinary Share (HKIT) - Total Assets
Based on the latest financial reports, Hitek Global Inc. Ordinary Share (HKIT) holds total assets worth $42.27 Million USD as of September 2025. 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. See HKIT total equity for net asset value and shareholders' equity analysis.
Hitek Global Inc. Ordinary Share - Total Assets Trend (2016–2024)
This chart illustrates how Hitek Global Inc. Ordinary Share's total assets have evolved over time, based on quarterly financial data.
Hitek Global Inc. Ordinary Share - Asset Composition Analysis
Current Asset Composition (December 2024)
Hitek Global Inc. Ordinary Share's total assets of $42.27 Million consist of 82.3% current assets and 17.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 17.4% |
| Accounts Receivable | $2.84 Million | 6.8% |
| 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 (2016–2024)
This chart illustrates how Hitek Global Inc. Ordinary Share'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. For live market cap, price, and company overview, see Hitek Global Inc. Ordinary Share (HKIT) market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Hitek Global Inc. Ordinary Share's current assets represent 82.3% of total assets in 2024, a decrease from 94.3% in 2016.
- Cash Position: Cash and equivalents constituted 17.4% of total assets in 2024, up from 4.7% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 6.8% of total assets.
Hitek Global Inc. Ordinary Share Competitors by Total Assets
Key competitors of Hitek Global Inc. Ordinary Share based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Salesforce.com Inc
NYSE:CRM
|
USA | $112.31 Billion |
|
PTC Inc
NASDAQ:PTC
|
USA | $6.43 Billion |
|
Xero Ltd
AU:XRO
|
Australia | AU$6.10 Billion |
|
Geovis Technology Co Ltd
SHG:688568
|
China | CN¥8.65 Billion |
|
YGSOFT Inc
SHE:002063
|
China | CN¥4.58 Billion |
|
Beijing eGOVA
SHE:300075
|
China | CN¥4.07 Billion |
|
Fujian Foxit Software Development Joint Stock Co Ltd
SHG:688095
|
China | CN¥3.72 Billion |
|
Beijing Join-Cheer Software Co Ltd
SHE:002279
|
China | CN¥2.23 Billion |
Hitek Global Inc. Ordinary Share - 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 | 14.27 | 13.08 | 4.53 |
| Quick Ratio | 13.26 | 13.02 | 4.10 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $31.94 Million | $31.57 Million | $8.39 Million |
Hitek Global Inc. Ordinary Share - Advanced Valuation Insights
This section examines the relationship between Hitek Global Inc. Ordinary Share'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 | 0.84 |
| Latest Market Cap to Assets Ratio | 0.36 |
| Asset Growth Rate (YoY) | 17.3% |
| Total Assets | $41.54 Million |
| Market Capitalization | $14.99 Million USD |
Valuation Analysis
Below Book Valuation: The market values Hitek Global Inc. Ordinary Share's assets below their book value (0.36x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Hitek Global Inc. Ordinary Share'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. Ordinary Share (2016–2024)
The table below shows the annual total assets of Hitek Global Inc. Ordinary Share from 2016 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 | +18.99% |
| 2020-12-31 | $14.41 Million | +25.42% |
| 2019-12-31 | $11.49 Million | +24.57% |
| 2018-12-31 | $9.22 Million | +29.20% |
| 2017-12-31 | $7.14 Million | +55.36% |
| 2016-12-31 | $4.59 Million | -- |
About Hitek Global Inc. Ordinary Share
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