Skip to content

HITEK GLOBAL INC.: 20-F filed 2026-04-24

What HITEK GLOBAL INC. reported in its annual report (foreign private issuer) filed 2026-04-24 (fiscal FY 2025): 51 published measures, 128 facts as tagged in accession 0001213900-26-047560.

This filing

Form
20-F (annual report (foreign private issuer))
Filed
2026-04-24
Fiscal period
fiscal FY 2025
Accession
0001213900-26-047560 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All HITEK GLOBAL INC. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2025-12-3142,581,032USD
At 2024-12-3141,542,190USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2025-12-316,570,720USD
At 2024-12-316,267,270USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2025-12-3136,010,312USD
At 2024-12-3135,274,920USD
At 2023-12-3128,337,586USD
At 2022-12-3113,526,526USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2025-12-313,611,999USD
At 2024-12-317,236,798USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2025-01-01 to 2025-12-31180,142USD365
2024-01-01 to 2024-12-31-896,690USD366
2023-01-01 to 2023-12-311,047,641USD365

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2025-01-01 to 2025-12-31-1,535,849USD365
2024-01-01 to 2024-12-31-688,538USD366
2023-01-01 to 2023-12-31-61,912USD365

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

PeriodValueUnitDays
2023-01-01 to 2023-12-31186,499USD365

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

PeriodValueUnitDays
2025-01-01 to 2025-12-316,536,184USD365
2024-01-01 to 2024-12-312,904,950USD366
2023-01-01 to 2023-12-314,563,731USD365

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2024-01-01 to 2024-12-318,200,000USD366
2023-01-01 to 2023-12-3115,142,902USD365

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2025-01-01 to 2025-12-31-2,109,565USD365
2024-01-01 to 2024-12-31-9,560,796USD366
2023-01-01 to 2023-12-31-6,946,555USD365

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2025-12-3110,671,200USD
At 2024-12-3110,491,058USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2025-01-01 to 2025-12-318,614,147shares365
2024-01-01 to 2024-12-318,440,232shares366
2023-01-01 to 2023-12-318,293,309shares365

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

PeriodValueUnitDays
2025-01-01 to 2025-12-318,614,147shares365
2024-01-01 to 2024-12-318,440,232shares366
2023-01-01 to 2023-12-318,293,309shares365

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

PeriodValueUnitDays
2025-01-01 to 2025-12-310.02USD/shares365
2024-01-01 to 2024-12-31-0.11USD/shares366
2023-01-01 to 2023-12-310.13USD/shares365

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

PeriodValueUnitDays
2025-01-01 to 2025-12-310.02USD/shares365
2024-01-01 to 2024-12-31-0.11USD/shares366
2023-01-01 to 2023-12-310.13USD/shares365

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

PeriodValueUnitDays
2025-01-01 to 2025-12-31-51,435USD365
2024-01-01 to 2024-12-3139,747USD366
2023-01-01 to 2023-12-31546,885USD365

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2025-12-31475,189USD
At 2024-12-31744,941USD

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2025-01-01 to 2025-12-31-1,791,419USD365
2024-01-01 to 2024-12-31-1,747,144USD366
2023-01-01 to 2023-12-31101,061USD365

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2025-12-3140,792,426USD
At 2024-12-3134,186,178USD

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2025-12-314,954,667USD
At 2024-12-312,613,369USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

PeriodValueUnitDays
At 2025-12-31292,065USD
At 2024-12-31255,950USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2025-12-315,407,989USD
At 2024-12-311,385,761USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2025-01-01 to 2025-12-312,481,890USD365
2024-01-01 to 2024-12-312,753,029USD366
2023-01-01 to 2023-12-311,820,179USD365

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

PeriodValueUnitDays
At 2025-12-3179,411USD
At 2024-12-31154,471USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

PeriodValueUnitDays
2025-01-01 to 2025-12-31690,471USD365
2024-01-01 to 2024-12-311,005,885USD366
2023-01-01 to 2023-12-311,921,240USD365

Cost of revenue

Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.

PeriodValueUnitDays
2025-01-01 to 2025-12-315,845,713USD365
2024-01-01 to 2024-12-311,899,065USD366
2023-01-01 to 2023-12-312,642,491USD365

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

PeriodValueUnitDays
At 2025-12-313,611,999USD
At 2024-12-317,236,798USD
At 2023-12-319,311,537USD
At 2022-12-311,203,160USD

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

PeriodValueUnitDays
At 2025-12-31-420,093USD
At 2024-12-31-975,343USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

PeriodValueUnitDays
At 2025-12-31475,189USD
At 2024-12-31744,941USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

PeriodValueUnitDays
At 2025-12-312,502,491USD
At 2024-12-312,397,514USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

PeriodValueUnitDays
At 2025-12-312,027,302USD
At 2024-12-311,652,573USD

Accrued current liabilities

Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.

PeriodValueUnitDays
At 2025-12-31148,342USD
At 2024-12-31130,691USD

Prepaid expenses and other current assets

Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.

PeriodValueUnitDays
At 2025-12-31491,712USD
At 2024-12-311,506,297USD

Current contract liabilities

Consideration received before performance obligations are satisfied, often called deferred revenue. It is an obligation to deliver, not earned revenue or cash available.

PeriodValueUnitDays
At 2025-12-3173,059USD
At 2024-12-3155,720USD

Net deferred tax assets

Deferred tax assets after the valuation allowance. Realization depends on future taxable income, so the balance is not a receivable from tax authorities.

PeriodValueUnitDays
At 2025-12-311,179,934USD
At 2024-12-31986,724USD

Net deferred tax liabilities

Deferred tax liabilities net of related assets under this concept. The amount reflects timing differences and is not tax currently due.

PeriodValueUnitDays
At 2025-12-311,616,053USD
At 2024-12-311,598,909USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

PeriodValueUnitDays
2025-01-01 to 2025-12-31128,707USD365
2024-01-01 to 2024-12-31-856,943USD366
2023-01-01 to 2023-12-311,594,526USD365

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

PeriodValueUnitDays
2025-01-01 to 2025-12-31735,392USD365
2024-01-01 to 2024-12-31-1,262,666USD366
2023-01-01 to 2023-12-31717,525USD365

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

PeriodValueUnitDays
2025-01-01 to 2025-12-312,477,412USD365
2024-01-01 to 2024-12-312,751,313USD366
2023-01-01 to 2023-12-311,819,531USD365

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

PeriodValueUnitDays
2025-01-01 to 2025-12-31294,191USD365
2024-01-01 to 2024-12-31259,554USD366
2023-01-01 to 2023-12-3150,662USD365

Nonoperating interest expense

Interest expense presented outside operating results. It differs from total interest expense when some borrowing cost is classified as operating or capitalized.

PeriodValueUnitDays
2025-01-01 to 2025-12-31308,870USD365
2024-01-01 to 2024-12-31313,937USD366
2023-01-01 to 2023-12-31313,861USD365

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

PeriodValueUnitDays
2025-01-01 to 2025-12-312,716USD365
2024-01-01 to 2024-12-3150,796USD366
2023-01-01 to 2023-12-31-5,029USD365

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

PeriodValueUnitDays
2025-01-01 to 2025-12-311,920,126USD365
2024-01-01 to 2024-12-31890,201USD366
2023-01-01 to 2023-12-311,493,465USD365

Current income tax expense or benefit

Income tax expense or benefit for the period that is currently payable or refundable. It differs from cash taxes paid and from total tax expense.

PeriodValueUnitDays
2023-01-01 to 2023-12-31207,553USD365

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

PeriodValueUnitDays
2025-01-01 to 2025-12-31-51,435USD365
2024-01-01 to 2024-12-3139,747USD366
2023-01-01 to 2023-12-31339,332USD365

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

PeriodValueUnitDays
2024-01-01 to 2024-12-3151,420USD366
2023-01-01 to 2023-12-31287,706USD365

Income taxes paid, net

Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.

PeriodValueUnitDays
2024-01-01 to 2024-12-3179,138USD366
2023-01-01 to 2023-12-3136,504USD365

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

PeriodValueUnitDays
2024-01-01 to 2024-12-318,200,000USD366
2023-01-01 to 2023-12-3115,142,902USD365

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

PeriodValueUnitDays
2025-01-01 to 2025-12-312,982,936USD365
2024-01-01 to 2024-12-31-2,990,258USD366
2023-01-01 to 2023-12-31-567,480USD365

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

PeriodValueUnitDays
2025-01-01 to 2025-12-31-79,126USD365
2024-01-01 to 2024-12-31-59,802USD366
2023-01-01 to 2023-12-31-194,872USD365

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

PeriodValueUnitDays
2025-01-01 to 2025-12-3126,557USD365
2024-01-01 to 2024-12-31-265,203USD366
2023-01-01 to 2023-12-31-146,642USD365

Inspect the source

Entity
HITEK GLOBAL INC. / CIK 0001742341
Captured
2026-09-21T17:25:44.680Z
SEC response SHA-256
64f2b2c98bb136f73a7be5da16c4623f9b802e8b2d1691d6c3545d98d6dca326

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

These pages do not supply prices, total-return histories, corporate-action adjustments or a tradable universe. Build those inputs separately before evaluating a strategy. A profitable backtest can still reflect selection bias or costs that were left out.

Research methodology · Execution and cost assumptions · Check backtest overfitting

Build with the open-source tools

Use these accounting records as inspectable inputs. When you have constructed a return series, the validation tools can help test its statistical evidence and preserve the result with its limitations.

Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001742341.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))