Hitek Global Inc. (HKIT)

USD 1.32

(0.76%)

Annual Income Statements

(In USD)
Breakdown 2023 2022 2021 2020 2019 2018
Revenue 4.56 Million 6.42 Million 6.46 Million 5.8 Million 6.93 Million 6.91 Million
Cost of Revenue 2.64 Million 2.89 Million 2.58 Million 2.63 Million 3.18 Million 3.03 Million
Gross Profit 1.92 Million 3.53 Million 3.87 Million 3.17 Million 3.74 Million 3.87 Million
Operating Expenses 1.82 Million 1.89 Million 1.76 Million 1.31 Million 1.5 Million 1.03 Million
Selling, General and Administrative Expenses 1.82 Million 1.9 Million 1.77 Million 1.41 Million 1.55 Million 1.07 Million
Research and Development Expenses 38.22 Thousand 42.05 Thousand 43.66 Thousand 35.9 Thousand 25.32 Thousand 26.83 Thousand
Other Expenses - -9838.00 -6883.00 -101.96 Thousand -50.62 Thousand -33.51 Thousand
Cost and Expenses 4.46 Million 4.79 Million 4.35 Million 3.94 Million 4.69 Million 4.07 Million
Operating Income 101.06 Thousand 1.62 Million 2.1 Million 1.75 Million 2.19 Million 2.8 Million
Interest Expense 313.86 Thousand 285.35 Thousand - - 4839.00 4676.00
Income Tax Expense 546.88 Thousand 453.21 Thousand 542.85 Thousand 269.24 Thousand 339.17 Thousand 472.69 Thousand
Earnings before Tax 1.59 Million 1.86 Million 2.21 Million 1.95 Million 2.35 Million 2.69 Million
Net Income 1.04 Million 1.41 Million 1.66 Million 1.68 Million 2.01 Million 2.21 Million
Earnings Per Share Basic 0.08 0.13 0.11 0.11 0.13 0.15
Earnings Per Share Diluted 0.08 0.13 0.11 0.11 0.13 0.15
Weighted Average Shares Outstanding 13.25 Million 10.98 Million 14.98 Million 15.58 Million 15.58 Million 14.98 Million
Weighted Average Shares Outstanding (Diluted) 13.25 Million 10.98 Million 14.98 Million 15.58 Million 15.58 Million 14.98 Million
Gross Margin 0.42 0.55 0.60 0.55 0.54 0.56
EBIT Margin 0.03 0.26 0.37 0.37 0.38 0.42
Profit Margin 0.23 0.22 0.26 0.29 0.29 0.32
EBITDA 154.89 Thousand 1.64 Million 2.45 Million 2.13 Million 2.57 Million 2.88 Million
Earnings Before Tax Margin 0.02 0.25 0.33 0.30 0.32 0.41

Income Statement Charts