HiTek Global Inc. (HKIT) Financial Ratio Screen

NASDAQ Technology China USD 2M
RATIOS FAIL*
Automated financial screen · activity assessed separately
HiTek Global Inc. (HKIT) is potentially non-compliant in the automated ratio model. While the debt ratio of 6.1% is acceptable, the cash and interest-bearing securities ratio of 72.6% exceeds the 30% threshold. HiTek Global Inc. operates in the Technology sector.

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MSCI new-inclusion financial-ratio snapshot

HKIT financial screening at a glance

RATIOS FAIL*Financial ratios shown separately from business review — not a fatwa
Debt ratio
6.1%
Pass vs 30%
Cash ratio
72.6%
Fail vs 30%
Receivables + cash
79.5%
Fail vs 30%
Impermissible income
31.7%
Fail vs 5%

Calculation date: 2026-08-31. Financial period used: December 2024. The ratios are automated proxies inspired by published methodologies; they are not official index determinations.

Independent method comparison

What the available screens say

How MSCI, FTSE and S&P-style screens differ
Request this stock review
MSCI-styleFinancial criteria not metAt least one available ratio exceeds its threshold
FTSE/Yasaar-styleFinancial criteria not metAt least one available ratio exceeds its threshold
S&P-style provisionalNot yet availableRequired denominator or financial data is incomplete
Business activityAssessment pendingFinancial results do not determine business permissibility
Complete screening result: not yet completeA complete result requires both supported financial criteria and adequate activity evidence. This site does not issue a fatwa or official index decision.
Financial periodDecember 2024Calculation date2026-08-31S&P-style historynot availableLast activity reviewnot yet reviewed

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Business activity evidence

Activity assessment in progress

The supplied classification (Software - Application) is only a starting point. Revenue evidence is being assessed before any complete screening conclusion.

Revenue segments: Not yet checked against an SEC annual filing.

Profile description reviewed: 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.

Sources to verify: Secondary company profile and classification · Issuer website · SEC issuer filings

A sector label or company description can flag a risk but cannot establish a compliant-revenue percentage. Only sourced segment disclosures may support that calculation.

Published-ratio reproductions (not certifications)

The table shows implemented MSCI and FTSE/Yasaar-style asset-based models plus a provisional S&P-style leverage reconstruction where a complete 36-month denominator exists. These are independent calculations, not official index results or Shariah determinations. See formulas, sources and limitations.

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
MSCI 6.1%
/ 30%
72.6%
/ 30%
79.5%
/ 30%
31.71%
/ 5%
RATIOS FAIL*
FTSE 6.1%
/ 33%
72.6%
/ 33%
79.5%
/ 50%
31.71%
/ 5%
RATIOS FAIL*

Financial Highlights

EPS
$-0.08
P/B Ratio
0.0
EV/EBITDA
10.5
EV: -$26M
Revenue
$3M
Growth: -59.6%
Beta
1.4
High volatility
Current Ratio
14.3

Profitability

Gross Margin 12.5%
Operating Margin -181.7%
Net Margin -106.7%
Return on Equity (ROE) -6.2%
Return on Assets (ROA) -4.0%

Cash Flow & Balance Sheet

Operating Cash Flow-$688,538
Free Cash Flow-$979,026
Total Debt$3M
Debt-to-Equity7.5
Current Ratio14.3
Total Assets$42M

Price & Trading

Last Close$0.06
50-Day MA$1.53
200-Day MA$1.68
Avg Volume92K
Beta1.4
52-Week Range
$0.03
$4.18

Financial data provenance and verification

The displayed fields were imported from yfinance on 2026-03-29 for the financial period December 2024. This is a secondary data feed and can differ from amended or newly filed statements.

Verification rule: check debt, cash, receivables, revenue and interest income against the latest primary filing before relying on an automated ratio.

About HiTek Global Inc. (HKIT)

CEO
Ms. Xiaoyang Huang
Employees
30
Sector
Technology
Industry
Software - Application
Country
China
Exchange
NASDAQ
Market Cap (listing currency)
USD 2M
Currency
USD

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.

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Frequently Asked Questions

Is HiTek Global Inc. (HKIT) halal to invest in?

The current automated result is Financial criteria not met or an activity exclusion was detected. It uses available public financial fields and simplified methodology proxies. It is not a fatwa or an official determination by AAOIFI, DJIM, MSCI, S&P, or FTSE.

What is HiTek Global Inc.'s debt ratio?

HiTek Global Inc.'s debt ratio is 6.1% in the MSCI new-inclusion reproduction: total debt divided by total assets, against a 30% threshold. See the methodology page for the official source and limitations.

What are HiTek Global Inc.'s key financial metrics?

HiTek Global Inc. has a market capitalization of USD 2M in its listing currency, and revenue of $3M. The company maintains a gross margin of 12.5% and a net margin of -106.7%. Return on equity stands at -6.2%.

How often is the screening data updated?

Calculation date: 2026-08-31. Financial period: December 2024. These dates are shown separately because regenerating this page does not refresh the underlying data.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.