$HKIT
HiTek Global Inc. Stock $hkit

$hkit Overview Financials Valuation SEC Filings Company Website

2023 Q4 Form 20-F Financial Statement

#000121390024030818 Filed on April 05, 2024

Income Statement

Concept	2023 Q4	2023	2022 Q4
Revenue	$4.564M	$4.564M
YoY Change		-29.01%
Cost Of Revenue	$2.642M	$2.642M
YoY Change		-8.61%
Gross Profit	$1.921M	$1.921M
YoY Change		-45.68%
Gross Profit Margin	42.1%	42.1%
Selling, General & Admin	$1.782M	$1.731M
YoY Change		-9.35%
% of Gross Profit	92.75%	90.11%
Research & Development	$38.22K	$38.22K
YoY Change		-9.11%
% of Gross Profit	1.99%	1.99%
Depreciation & Amortization	$30.66K	$50.66K
YoY Change		131.54%
% of Gross Profit	1.6%	2.64%
Operating Expenses	$1.820M	$1.820M
YoY Change		-4.69%
Operating Profit	$101.1K	$101.1K
YoY Change		-93.79%
Interest Expense	$928.6K	$928.6K
YoY Change		302.31%
% of Operating Profit	918.83%	918.83%
Other Income/Expense, Net	$564.9K	$564.9K
YoY Change		-58.46%
Pretax Income	$1.595M	$1.595M
YoY Change		-14.68%
Income Tax	$546.9K	$546.9K
% Of Pretax Income	34.3%	34.3%
Net Earnings	$1.048M	$1.048M
YoY Change		-26.0%
Net Earnings / Revenue	22.96%	22.96%
Basic Earnings Per Share		$0.08
Diluted Earnings Per Share	$0.08	$0.08
COMMON SHARES
Basic Shares Outstanding		13.26M shares	10.99M shares
Diluted Shares Outstanding		13.26M shares

Balance Sheet

Concept	2023 Q4	2023	2022 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$18.15M	$18.15M
YoY Change		230.37%
Cash & Equivalents	$9.312M	$9.312M	$1.203M
Short-Term Investments	$8.837M	$8.837M
Other Short-Term Assets	$362.9K	$362.9K	$11.28M
YoY Change	-96.78%	-74.14%	-4.27%
Inventory	$219.5K	$219.5K	$430.7K
Prepaid Expenses	$24.77K		$4.342K
Receivables	$2.119M	$2.119M	$3.271M
Other Receivables	$3.936M	$3.936M	$48.32K
Total Short-Term Assets	$24.79M	$24.79M	$12.10M
YoY Change	104.81%	104.81%	-6.67%
LONG-TERM ASSETS
Property, Plant & Equipment	$406.6K	$406.6K	$123.0K
YoY Change	230.69%	213.74%	-21.56%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$1.000M	$1.000M
YoY Change
Other Assets			$9.103M
YoY Change			118.13%
Total Long-Term Assets	$10.64M	$10.64M	$9.103M
YoY Change	16.9%	16.9%	118.13%
TOTAL ASSETS
Total Short-Term Assets	$24.79M	$24.79M	$12.10M
Total Long-Term Assets	$10.64M	$10.64M	$9.103M
Total Assets	$35.43M	$35.43M	$21.21M
YoY Change	67.07%	67.07%	23.71%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$532.1K	$532.1K	$696.7K
YoY Change	-23.63%	-23.62%	34.31%
Accrued Expenses	$180.4K	$180.4K
YoY Change		-35.01%
Deferred Revenue
YoY Change
Short-Term Debt	$493.2K	$493.2K
YoY Change		-2.65%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$3.373M	$3.373M	$4.204M
YoY Change	-19.77%	-19.77%	50.75%
LONG-TERM LIABILITIES
Long-Term Debt	$2.114M	$2.114M
YoY Change		-2.65%
Other Long-Term Liabilities	$1.604M	$1.604M
YoY Change		23.04%
Total Long-Term Liabilities	$3.718M	$3.718M	$3.475M
YoY Change	6.99%	6.99%	183.51%
TOTAL LIABILITIES
Total Short-Term Liabilities	$3.373M	$3.373M	$4.204M
Total Long-Term Liabilities	$3.718M	$3.718M	$3.475M
Total Liabilities	$7.090M	$7.090M	$7.679M
YoY Change	-7.66%	-7.66%	91.29%
SHAREHOLDERS EQUITY
Retained Earnings	$11.39M		$10.34M
YoY Change	10.13%		14.97%
Common Stock	$1.439K		$1.099K
YoY Change	30.94%		0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$28.34M	$28.34M	$13.53M
YoY Change
Total Liabilities & Shareholders Equity	$35.43M	$35.43M	$21.21M
YoY Change	67.07%	67.07%	23.71%

Cashflow Statement

Concept	2023 Q4	2023
OPERATING ACTIVITIES
Net Income	$1.048M	$1.048M
YoY Change		-26.0%
Depreciation, Depletion And Amortization	$30.66K	$50.66K
YoY Change		131.54%
Cash From Operating Activities	-$261.9K	-$61.91K
YoY Change		-101.62%
INVESTING ACTIVITIES
Capital Expenditures	$46.50K	$186.5K
YoY Change
Acquisitions
YoY Change
Other Investing Activities	$4.100M	-$6.760M
YoY Change		-8.02%
Cash From Investing Activities	$4.053M	-$6.947M
YoY Change		-5.48%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net		$15.14M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	2.900K	15.14M
YoY Change		450.75%
NET CHANGE
Cash From Operating Activities	-261.9K	-61.91K
Cash From Investing Activities	4.053M	-6.947M
Cash From Financing Activities	2.900K	15.14M
Net Change In Cash	3.794M	8.134M
YoY Change		-1015.89%
FREE CASH FLOW
Cash From Operating Activities	-$261.9K	-$61.91K
Capital Expenditures	$46.50K	$186.5K
Free Cash Flow	-$308.4K	-$248.4K
YoY Change		-106.5%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.08
CY2023	dei	Document Type DocumentType	20-F
CY2023	dei	Document Registration Statement DocumentRegistrationStatement	false
CY2023	dei	Document Annual Report DocumentAnnualReport	true
CY2023	dei	Document Period End Date DocumentPeriodEndDate	2023-12-31
CY2023	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2023	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
CY2023	dei	Document Transition Report DocumentTransitionReport	false
CY2023	dei	Document Shell Company Report DocumentShellCompanyReport	false
CY2023	dei	Entity File Number EntityFileNumber	001-39339
CY2023	dei	Entity Registrant Name EntityRegistrantName	HITEK GLOBAL INC.
CY2023	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	E9
CY2023	dei	Entity Address Address Line1 EntityAddressAddressLine1	Unit 304
CY2023	dei	Entity Address Address Line2 EntityAddressAddressLine2	No. 30 Guanri Road
CY2023	dei	Entity Address Address Line3 EntityAddressAddressLine3	Siming District
CY2023	dei	Entity Address City Or Town EntityAddressCityOrTown	Xiamen City, Fujian Province
CY2023	dei	Entity Address Country EntityAddressCountry	CN
CY2023	dei	Security12b Title Security12bTitle	Class A Ordinary Shares, par value US$0.0001 per share
CY2023	dei	Trading Symbol TradingSymbol	HKIT
CY2023	dei	Security Exchange Name SecurityExchangeName	NASDAQ
CY2023	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
CY2023	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2023	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2023	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2023	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2023	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	true
CY2023	dei	Entity Ex Transition Period EntityExTransitionPeriod	false
CY2023	dei	Icfr Auditor Attestation Flag IcfrAuditorAttestationFlag	false
CY2023	dei	Document Fin Stmt Error Correction Flag DocumentFinStmtErrorCorrectionFlag	false
CY2023	dei	Document Accounting Standard DocumentAccountingStandard	U.S. GAAP
CY2023	dei	Entity Shell Company EntityShellCompany	false
CY2023Q4	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false
CY2023Q4	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2023Q4	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2023Q4	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2023	dei	Auditor Firm AuditorFirmId	1195
CY2023	dei	Auditor Name AuditorName	UHY LLP
CY2023	dei	Auditor Location AuditorLocation	New York
CY2023Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	9311537	usd
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1203160	usd
CY2023Q4	us-gaap	Short Term Investments ShortTermInvestments	8837445	usd
CY2022Q4	us-gaap	Short Term Investments ShortTermInvestments	4290348	usd
CY2023Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	2118738	usd
CY2022Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	3271218	usd
CY2022Q4	us-gaap	Accounts And Other Receivables Net Current AccountsAndOtherReceivablesNetCurrent	399465	usd
CY2023Q4	us-gaap	Advances On Inventory Purchases AdvancesOnInventoryPurchases	338166	usd
CY2022Q4	us-gaap	Advances On Inventory Purchases AdvancesOnInventoryPurchases	481769	usd
CY2023Q4	us-gaap	Inventory Net InventoryNet	219505	usd
CY2022Q4	us-gaap	Inventory Net InventoryNet	430670	usd
CY2023Q4	us-gaap	Notes And Loans Receivable Net Current NotesAndLoansReceivableNetCurrent	3608289	usd
CY2022Q4	us-gaap	Notes And Loans Receivable Net Current NotesAndLoansReceivableNetCurrent	1013157	usd
CY2023Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	352919	usd
CY2022Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	94925	usd
CY2023Q4	us-gaap	Assets Current AssetsCurrent	24786599	usd
CY2022Q4	us-gaap	Assets Current AssetsCurrent	11184712	usd
CY2023Q4	us-gaap	Accounts Receivable Net Noncurrent AccountsReceivableNetNoncurrent	4597214	usd
CY2022Q4	us-gaap	Accounts Receivable Net Noncurrent AccountsReceivableNetNoncurrent	4209546	usd
CY2023Q4	us-gaap	Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss Noncurrent FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLossNoncurrent	410509	usd
CY2022Q4	us-gaap	Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss Noncurrent FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLossNoncurrent	421679	usd
CY2023Q4	us-gaap	Notes And Loans Receivable Net Noncurrent NotesAndLoansReceivableNetNoncurrent	4227079	usd
CY2022Q4	us-gaap	Notes And Loans Receivable Net Noncurrent NotesAndLoansReceivableNetNoncurrent	4342100	usd
CY2023Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	403330	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	122967	usd
CY2022Q4	us-gaap	Deferred Costs DeferredCosts	917446	usd
CY2023Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	3309	usd
CY2022Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	6641	usd
CY2023Q4	us-gaap	Long Term Investments LongTermInvestments	1000000	usd
CY2023Q4	us-gaap	Assets Noncurrent AssetsNoncurrent	10641441	usd
CY2022Q4	us-gaap	Assets Noncurrent AssetsNoncurrent	10020379	usd
CY2023Q4	us-gaap	Assets Assets	35428040	usd
CY2022Q4	us-gaap	Assets Assets	21205091	usd
CY2023Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	532130	usd
CY2022Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	696734	usd
CY2023Q4	hkit	Advances From Customers AdvancesFromCustomers	4616	usd
CY2023Q4	us-gaap	Loans Payable Current LoansPayableCurrent	493159	usd
CY2022Q4	us-gaap	Loans Payable Current LoansPayableCurrent	506578	usd
CY2023Q4	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	166760	usd
CY2022Q4	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	977054	usd
CY2023Q4	us-gaap	Taxes Payable Current TaxesPayableCurrent	1917647	usd
CY2022Q4	us-gaap	Taxes Payable Current TaxesPayableCurrent	1671322	usd
CY2022Q4	us-gaap	Notes Payable Current NotesPayableCurrent	598	usd
CY2023Q4	us-gaap	Accounts Payable And Other Accrued Liabilities Current AccountsPayableAndOtherAccruedLiabilitiesCurrent	255131	usd
CY2022Q4	us-gaap	Accounts Payable And Other Accrued Liabilities Current AccountsPayableAndOtherAccruedLiabilitiesCurrent	348167	usd
CY2023Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	3309	usd
CY2022Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	3242	usd
CY2023Q4	us-gaap	Liabilities Current LiabilitiesCurrent	3372752	usd
CY2022Q4	us-gaap	Liabilities Current LiabilitiesCurrent	4203695	usd
CY2023Q4	us-gaap	Long Term Loans Payable LongTermLoansPayable	2113539	usd
CY2022Q4	us-gaap	Long Term Loans Payable LongTermLoansPayable	2171050	usd
CY2023Q4	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	1604163	usd
CY2022Q4	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	1300421	usd
CY2022Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	3399	usd
CY2023Q4	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	3717702	usd
CY2022Q4	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	3474870	usd
CY2023Q4	us-gaap	Liabilities Liabilities	7090454	usd
CY2022Q4	us-gaap	Liabilities Liabilities	7678565	usd
CY2023Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2022Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	490000000	shares
CY2022Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	490000000	shares
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	14392364	shares
CY2023Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	14392364	shares
CY2022Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	10987679	shares
CY2022Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	10987679	shares
CY2023Q4	us-gaap	Common Stock Value CommonStockValue	1439	usd
CY2022Q4	us-gaap	Common Stock Value CommonStockValue	1099	usd
CY2023Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	16721551	usd
CY2022Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	2628356	usd
CY2023Q4	us-gaap	Statutory Accounting Practices Statutory Capital And Surplus Balance StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance	836215	usd
CY2022Q4	us-gaap	Statutory Accounting Practices Statutory Capital And Surplus Balance StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance	836215	usd
CY2023Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	11387748	usd
CY2022Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	10340107	usd
CY2023Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-609367	usd
CY2022Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-279251	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	28337586	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	13526526	usd
CY2023Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	35428040	usd
CY2022Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	21205091	usd
CY2023	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	4563731	usd
CY2022	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	6428608	usd
CY2021	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	6461163	usd
CY2023	us-gaap	Cost Of Revenue CostOfRevenue	2642491	usd
CY2022	us-gaap	Cost Of Revenue CostOfRevenue	2891565	usd
CY2021	us-gaap	Cost Of Revenue CostOfRevenue	2581218	usd
CY2023	us-gaap	Gross Profit GrossProfit	1921240	usd
CY2022	us-gaap	Gross Profit GrossProfit	3537043	usd
CY2021	us-gaap	Gross Profit GrossProfit	3879945	usd
CY2023	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1819531	usd
CY2022	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1472648	usd
CY2021	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1699934	usd
CY2023	us-gaap	Selling Expense SellingExpense	648	usd
CY2022	us-gaap	Selling Expense SellingExpense	437185	usd
CY2021	us-gaap	Selling Expense SellingExpense	76477	usd
CY2023	us-gaap	Operating Expenses OperatingExpenses	1820179	usd
CY2022	us-gaap	Operating Expenses OperatingExpenses	1909833	usd
CY2021	us-gaap	Operating Expenses OperatingExpenses	1776411	usd
CY2023	us-gaap	Operating Income Loss OperatingIncomeLoss	101061	usd
CY2022	us-gaap	Operating Income Loss OperatingIncomeLoss	1627210	usd
CY2021	us-gaap	Operating Income Loss OperatingIncomeLoss	2103534	usd
CY2023	us-gaap	Government Assistance Amount GovernmentAssistanceAmount	569928	usd
CY2022	us-gaap	Government Assistance Amount GovernmentAssistanceAmount	9838	usd
CY2021	us-gaap	Government Assistance Amount GovernmentAssistanceAmount	6883	usd
CY2023	us-gaap	Investment Income Net InvestmentIncomeNet	330552	usd
CY2022	us-gaap	Investment Income Net InvestmentIncomeNet	-19363	usd
CY2021	us-gaap	Investment Income Net InvestmentIncomeNet	103375	usd
CY2023	us-gaap	Interest Income Other InterestIncomeOther	911875	usd
CY2022	us-gaap	Interest Income Other InterestIncomeOther	545555	usd
CY2021	us-gaap	Interest Income Other InterestIncomeOther	10515	usd
CY2023	us-gaap	Interest Expense InterestExpense	313861	usd
CY2022	us-gaap	Interest Expense InterestExpense	285353	usd
CY2023	us-gaap	Other Nonoperating Expense OtherNonoperatingExpense	5029	usd
CY2022	us-gaap	Other Nonoperating Expense OtherNonoperatingExpense	8924	usd
CY2021	us-gaap	Other Nonoperating Expense OtherNonoperatingExpense	12097	usd
CY2023	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	1493465	usd
CY2022	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	241753	usd
CY2021	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	108676	usd
CY2023	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	1594526	usd
CY2022	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	1868963	usd
CY2021	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	2212210	usd
CY2023	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	546885	usd
CY2022	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	453218	usd
CY2021	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	542853	usd
CY2023	us-gaap	Net Income Loss NetIncomeLoss	1047641	usd
CY2022	us-gaap	Net Income Loss NetIncomeLoss	1415745	usd
CY2021	us-gaap	Net Income Loss NetIncomeLoss	1669357	usd
CY2023	us-gaap	Net Income Loss NetIncomeLoss	1047641	usd
CY2022	us-gaap	Net Income Loss NetIncomeLoss	1415745	usd
CY2021	us-gaap	Net Income Loss NetIncomeLoss	1669357	usd
CY2023	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-330116	usd
CY2022	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-1015447	usd
CY2021	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	290407	usd
CY2023	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	717525	usd
CY2022	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	400298	usd
CY2021	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	1959764	usd
CY2023	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.08
CY2022	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.13
CY2021	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.15
CY2023	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	13257469	shares
CY2022	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	10987679	shares
CY2021	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	10987679	shares
CY2020Q4	us-gaap	Stockholders Equity StockholdersEquity	11166464	usd
CY2021	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	290407	usd
CY2021	us-gaap	Net Income Loss NetIncomeLoss	1669357	usd
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	13126228	usd
CY2022	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	-1015447	usd
CY2022	us-gaap	Net Income Loss NetIncomeLoss	1415745	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	13526526	usd
CY2023	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	14093535	usd
CY2023	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	-330116	usd
CY2023	us-gaap	Net Income Loss NetIncomeLoss	1047641	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	28337586	usd
CY2023	us-gaap	Net Income Loss NetIncomeLoss	1047641	usd
CY2022	us-gaap	Net Income Loss NetIncomeLoss	1415745	usd
CY2021	us-gaap	Net Income Loss NetIncomeLoss	1669357	usd
CY2023	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	50662	usd
CY2022	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	21881	usd
CY2021	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	355738	usd
CY2023	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	3167	usd
CY2023	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	-1413	usd
CY2023	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	102418	usd
CY2022	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	21699	usd
CY2021	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	6525	usd
CY2023	us-gaap	Net Investment Income NetInvestmentIncome	208626	usd
CY2022	us-gaap	Net Investment Income NetInvestmentIncome	-19363	usd
CY2021	us-gaap	Net Investment Income NetInvestmentIncome	103375	usd
CY2023	us-gaap	Provision For Other Credit Losses ProvisionForOtherCreditLosses	-2325	usd
CY2022	us-gaap	Provision For Other Credit Losses ProvisionForOtherCreditLosses	-6442	usd
CY2021	us-gaap	Provision For Other Credit Losses ProvisionForOtherCreditLosses	-123754	usd
CY2023	hkit	Provision For Obsolete Inventories ProvisionForObsoleteInventories	-5559	usd
CY2022	hkit	Provision For Obsolete Inventories ProvisionForObsoleteInventories	-2217	usd
CY2021	hkit	Provision For Obsolete Inventories ProvisionForObsoleteInventories	5317	usd
CY2023	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	339332	usd
CY2022	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	177029	usd
CY2021	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	340624	usd
CY2023	us-gaap	Interest Income Short Term Investment Increase Decrease InterestIncomeShortTermInvestmentIncreaseDecrease	1696545	usd
CY2022	us-gaap	Interest Income Short Term Investment Increase Decrease InterestIncomeShortTermInvestmentIncreaseDecrease	-2418675	usd
CY2021	us-gaap	Interest Income Short Term Investment Increase Decrease InterestIncomeShortTermInvestmentIncreaseDecrease	2625216	usd
CY2023	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-567480	usd
CY2022	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	2490725	usd
CY2021	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	1100056	usd
CY2023	us-gaap	Increase Decrease In Accounts Receivable Related Parties IncreaseDecreaseInAccountsReceivableRelatedParties	-390197	usd
CY2022	us-gaap	Increase Decrease In Accounts Receivable Related Parties IncreaseDecreaseInAccountsReceivableRelatedParties	-499933	usd
CY2021	us-gaap	Increase Decrease In Accounts Receivable Related Parties IncreaseDecreaseInAccountsReceivableRelatedParties	-578157	usd
CY2023	us-gaap	Increase Decrease In Prepaid Supplies IncreaseDecreaseInPrepaidSupplies	-472219	usd
CY2022	us-gaap	Increase Decrease In Prepaid Supplies IncreaseDecreaseInPrepaidSupplies	-560352	usd
CY2021	us-gaap	Increase Decrease In Prepaid Supplies IncreaseDecreaseInPrepaidSupplies	184369	usd
CY2023	us-gaap	Increase Decrease In Deferred Charges IncreaseDecreaseInDeferredCharges	130134	usd
CY2022	us-gaap	Increase Decrease In Deferred Charges IncreaseDecreaseInDeferredCharges	-60000	usd
CY2021	us-gaap	Increase Decrease In Deferred Charges IncreaseDecreaseInDeferredCharges	-155915	usd
CY2023	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-194872	usd
CY2022	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	57899	usd
CY2021	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	276672	usd
CY2023	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	13028	usd
CY2022	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-89583	usd
CY2021	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-769913	usd
CY2023	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-146642	usd
CY2022	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	225198	usd
CY2021	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	127422	usd
CY2023	hkit	Increase Decrease In Advances From Customers IncreaseDecreaseInAdvancesFromCustomers	4632	usd
CY2023	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-787062	usd
CY2022	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	261856	usd
CY2021	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	12089	usd
CY2023	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	291578	usd
CY2022	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	488419	usd
CY2021	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	327807	usd
CY2023	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-3167	usd
CY2023	us-gaap	Increase Decrease In Due To Related Parties IncreaseDecreaseInDueToRelatedParties	-584	usd
CY2022	us-gaap	Increase Decrease In Due To Related Parties IncreaseDecreaseInDueToRelatedParties	-3320	usd
CY2021	us-gaap	Increase Decrease In Due To Related Parties IncreaseDecreaseInDueToRelatedParties	1062	usd
CY2023	us-gaap	Increase Decrease In Accrued Liabilities And Other Operating Liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities	-340133	usd
CY2022	us-gaap	Increase Decrease In Accrued Liabilities And Other Operating Liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities	163884	usd
CY2021	us-gaap	Increase Decrease In Accrued Liabilities And Other Operating Liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities	-127375	usd
CY2023	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-61912	usd
CY2022	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	3824050	usd
CY2021	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-214575	usd
CY2023	us-gaap	Payments To Develop Software PaymentsToDevelopSoftware	339309	usd
CY2022	us-gaap	Payments To Develop Software PaymentsToDevelopSoftware	117617	usd
CY2021	us-gaap	Payments To Develop Software PaymentsToDevelopSoftware	25582	usd
CY2023	us-gaap	Payments To Acquire Loans Receivable PaymentsToAcquireLoansReceivable	11260542	usd
CY2022	us-gaap	Payments To Acquire Loans Receivable PaymentsToAcquireLoansReceivable	5498997	usd
CY2021	us-gaap	Payments To Acquire Loans Receivable PaymentsToAcquireLoansReceivable	356595	usd
CY2023	us-gaap	Proceeds From Collection Of Notes Receivable ProceedsFromCollectionOfNotesReceivable	8830933	usd
CY2022	us-gaap	Proceeds From Collection Of Notes Receivable ProceedsFromCollectionOfNotesReceivable	199463	usd
CY2021	us-gaap	Proceeds From Collection Of Notes Receivable ProceedsFromCollectionOfNotesReceivable	317059	usd
CY2023	us-gaap	Repayments Of Advances For Construction RepaymentsOfAdvancesForConstruction	150156	usd
CY2023	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	186499	usd
CY2023	us-gaap	Payments To Acquire Held To Maturity Securities PaymentsToAcquireHeldToMaturitySecurities	11000000	usd
CY2022	us-gaap	Payments To Acquire Held To Maturity Securities PaymentsToAcquireHeldToMaturitySecurities	1932080	usd
CY2021	us-gaap	Payments To Acquire Held To Maturity Securities PaymentsToAcquireHeldToMaturitySecurities	1240329	usd
CY2023	us-gaap	Proceeds From Sale Of Held To Maturity Securities ProceedsFromSaleOfHeldToMaturitySecurities	7159018	usd
CY2021	us-gaap	Proceeds From Sale Of Held To Maturity Securities ProceedsFromSaleOfHeldToMaturitySecurities	1705453	usd
CY2023	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-6946555	usd
CY2022	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-7349231	usd
CY2021	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	400006	usd
CY2022	us-gaap	Proceeds From Other Debt ProceedsFromOtherDebt	2749498	usd
CY2023	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	15142902	usd
CY2023	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	15142902	usd
CY2022	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	2749498	usd
CY2023	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-26058	usd
CY2022	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-112465	usd
CY2021	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	44323	usd
CY2023	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	8108377	usd
CY2022	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-888148	usd
CY2021	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	229754	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1203160	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	2091308	usd
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1861554	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	9311537	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1203160	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	2091308	usd
CY2023	us-gaap	Income Taxes Paid IncomeTaxesPaid	36504	usd
CY2022	us-gaap	Income Taxes Paid IncomeTaxesPaid	45002	usd
CY2021	us-gaap	Income Taxes Paid IncomeTaxesPaid	32646	usd
CY2023	hkit	Deferred Offering Cost DeferredOfferingCost	1049367	usd
CY2022	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	6820	usd
CY2023	us-gaap	Nature Of Operations NatureOfOperations	<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b>NOTE 1 – NATURE OF OPERATIONS</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">HiTek Global Inc. (“HiTek Global”) was incorporated under the laws of the Cayman Islands on November 3, 2017 in anticipation of an initial public offering. HiTek Global, through its variable interest entity (“VIE”) and VIE’s subsidiaries (collectively, the “Company”) provides hardware sales, software sales, information technology (“IT”) maintenance services and tax devices and services in the People’s Republic of China (the “PRC”).</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On November 20, 2017, HiTek Global formed its wholly-owned subsidiary, HiTek Hong Kong Limited (“HiTek HK”) in Hong Kong. On March 15, 2018, HiTek HK formed its wholly-owned subsidiary, Tian Dahai (Xiamen) Information Technology Co. Ltd. (“WFOE”) in PRC.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Xiamen Hengda HiTek Computer Network Co., Ltd. (“HiTek”), was established in January 1996 by Shenping Yin, Xiaoyang Huang (the spouse of Shenping Yin) and nine other shareholders, who held 29.83%, 44.74% and 25.43% of its equity interests, respectively, in Xiamen, Fujian Province, PRC pursuant to PRC laws. HiTek Global entered into a series of contractual arrangements with HiTek which were effective in March 2018, and its equity holders through WFOE to obtain control and became the primary beneficiary of HiTek for accounting purposes.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In September 1999, Xiamen Huasheng HiTek Computer Network Co., Ltd (“Huasheng”), a wholly owned subsidiary of HiTek was incorporated under the laws of the PRC.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In September 2017, Huoerguosi Hengda Information Technology Co., Ltd (“Huoerguosi”), a wholly owned subsidiary of HiTek was established in XinJiang Province, PRC.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In April 2021, Xiamen Haitian Weilai Technology Co., Ltd. (“Haitian Weilai”), a wholly owned subsidiary of WFOE was incorporated under the laws of the PRC.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The Company’s current corporate structure is as follows:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><img alt="A diagram of a company Description automatically generated" src="image_002.jpg" style="height: 335px; width: 624px"/></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As all the above mentioned companies presented were under common control, the series of contractual arrangements between HiTek Global and HiTek in March 2018 constituted a reorganization under common control and was retrospectively applied to the consolidated financial statements (“CFS”) at their historical amounts. The CFS are prepared as if the existing corporate structure had been in existence throughout all periods. This includes a retrospective presentation for all equity related disclosures, including share and per share, which have been revised to reflect the effects of the reorganization.</p>
CY2023Q4	us-gaap	Cash Cash	1041909	usd
CY2022Q4	us-gaap	Cash Cash	843705	usd
CY2023	us-gaap	Use Of Estimates UseOfEstimates	<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b>Use of Estimates and Assumptions</b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The preparation of the CFS in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the CFS and the reported amounts of revenues and expenses during the reporting period.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Significant accounting estimates reflected in the Company’s CFS include allowance for doubtful accounts, inventory obsolescence, deferred taxes, and the useful lives of property and equipment. Since the use of estimates is an integral component of the financial reporting process, actual results could differ from those estimates.</p>
CY2023	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>Concentrations of Credit Risk</b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Currently, all of the Company’s operations are carried out in the PRC. Accordingly, the Company’s business, financial condition and results of operations may be influenced by the political, economic, and legal environment in the PRC, and by the general state of the PRC’s economy. The Company’s operations in the PRC are subject to specific considerations and significant risks not typically associated with companies in the United States of America. The Company’s results may be adversely affected by changes in governmental policies with respect to laws and regulations, anti-inflationary measures, currency conversion and remittance abroad, and rates and methods of taxation, among other things.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Financial instruments which potentially subject the Company to concentrations of credit risk consist principally of cash, short-term investments, trade accounts receivable, and accounts receivable from related parties and advances to suppliers. A portion of the Company’s sales are credit sales which are to the customers whose ability to pay is dependent upon the industry economics prevailing in these areas; however, concentrations of credit risk with respect to trade accounts receivables is limited due to generally short payment terms. The Company also performs ongoing credit evaluations of its customers to help further reduce credit risk. </p>
CY2023	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	4563731	usd
CY2022	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	6428608	usd
CY2021	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	6461163	usd
CY2023	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	977054	usd
CY2022	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	784530	usd
CY2021	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	752286	usd
CY2023	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	38221	usd
CY2022	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	42052	usd
CY2021	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	43661	usd
CY2023Q4	us-gaap	Investments Investments	9837445	usd
CY2022Q4	us-gaap	Investments Investments	4290348	usd
CY2022	us-gaap	Allowance For Doubtful Accounts Receivable Period Increase Decrease AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease	14266	usd
CY2021	us-gaap	Allowance For Doubtful Accounts Receivable Period Increase Decrease AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease	-6132	usd
CY2023Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	160855	usd
CY2022Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	164122	usd
CY2023	us-gaap	Investment Income Net InvestmentIncomeNet	330552	usd
CY2022	us-gaap	Investment Income Net InvestmentIncomeNet	-19363	usd
CY2021	us-gaap	Investment Income Net InvestmentIncomeNet	103375	usd
CY2023Q4	us-gaap	Accounts Receivable Gross Current AccountsReceivableGrossCurrent	2279593	usd
CY2022Q4	us-gaap	Accounts Receivable Gross Current AccountsReceivableGrossCurrent	3435340	usd
CY2023Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	160855	usd
CY2022Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	164122	usd
CY2023Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	2118738	usd
CY2022Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	3271218	usd
CY2022Q4	us-gaap	Accounts And Other Receivables Net Current AccountsAndOtherReceivablesNetCurrent	399465	usd
CY2023Q4	us-gaap	Accounts Receivable Net Noncurrent AccountsReceivableNetNoncurrent	4597214	usd
CY2022Q4	us-gaap	Accounts Receivable Net Noncurrent AccountsReceivableNetNoncurrent	4209546	usd
CY2022Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	164122	usd
CY2021Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	179475	usd
CY2020Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	298224	usd
CY2023	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	-1084	usd
CY2022	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	1087	usd
CY2021	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	124881	usd
CY2023	us-gaap	Allowance For Doubtful Accounts Receivable Period Increase Decrease AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease	4351	usd
CY2021Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	179475	usd
CY2022Q4	us-gaap	Advances To Affiliate AdvancesToAffiliate	483435	usd
CY2023	us-gaap	Payments To Suppliers PaymentsToSuppliers	338166	usd
CY2022Q4	hkit	Reserve For Amount Not Recoverable ReserveForAmountNotRecoverable	-1666	usd
CY2023Q4	us-gaap	Supplies Supplies	338166	usd
CY2022Q4	us-gaap	Supplies Supplies	481769	usd
CY2023Q4	us-gaap	Capitalized Contract Cost Net CapitalizedContractCostNet	676333	usd
CY2023	hkit	Working Percentage WorkingPercentage	0.40	pure
CY2023Q4	us-gaap	Inventory Raw Materials InventoryRawMaterials	236739	usd
CY2022Q4	us-gaap	Inventory Raw Materials InventoryRawMaterials	442681	usd
CY2023Q4	us-gaap	Inventory Valuation Reserves InventoryValuationReserves	17234	usd
CY2022Q4	us-gaap	Inventory Valuation Reserves InventoryValuationReserves	12011	usd
CY2023Q4	us-gaap	Inventory Net InventoryNet	219505	usd
CY2022Q4	us-gaap	Inventory Net InventoryNet	430670	usd
CY2023Q4	us-gaap	Interest Receivable InterestReceivable	171657	usd
CY2022Q4	us-gaap	Interest Receivable InterestReceivable	42263	usd
CY2023Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	24770	usd
CY2022Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	4342	usd
CY2023Q4	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	156492	usd
CY2022Q4	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	48320	usd
CY2023Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	352919	usd
CY2022Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	94925	usd
CY2023Q4	us-gaap	Accounts And Notes Receivable Net AccountsAndNotesReceivableNet	7835368	usd
CY2022Q4	us-gaap	Accounts And Notes Receivable Net AccountsAndNotesReceivableNet	5355257	usd
CY2023Q4	us-gaap	Notes And Loans Receivable Net Current NotesAndLoansReceivableNetCurrent	3608289	usd
CY2022Q4	us-gaap	Notes And Loans Receivable Net Current NotesAndLoansReceivableNetCurrent	1013157	usd
CY2023Q4	us-gaap	Notes And Loans Receivable Net Noncurrent NotesAndLoansReceivableNetNoncurrent	4227079	usd
CY2022Q4	us-gaap	Notes And Loans Receivable Net Noncurrent NotesAndLoansReceivableNetNoncurrent	4342100	usd
CY2022Q1	us-gaap	Debt Default Shortterm Debt Amount DebtDefaultShorttermDebtAmount	30000000	cny
CY2022Q1	us-gaap	Debt Default Shortterm Debt Amount DebtDefaultShorttermDebtAmount	4272079	usd
CY2022Q1	us-gaap	Debt Default Shortterm Debt Amount DebtDefaultShorttermDebtAmount	3000000	cny
CY2022Q1	us-gaap	Debt Default Shortterm Debt Amount DebtDefaultShorttermDebtAmount	422708	usd
CY2022Q2	us-gaap	Debt Default Shortterm Debt Amount DebtDefaultShorttermDebtAmount	7000000	cny
CY2022Q2	us-gaap	Debt Default Shortterm Debt Amount DebtDefaultShorttermDebtAmount	986318	usd
CY2022Q2	us-gaap	Loans Receivable Basis Spread On Variable Rate LoansReceivableBasisSpreadOnVariableRate	0.12	pure
CY2022Q3	us-gaap	Debt Default Shortterm Debt Amount DebtDefaultShorttermDebtAmount	3000000	usd
CY2022Q2	us-gaap	Proceeds From Collection Of Loans Receivable ProceedsFromCollectionOfLoansReceivable	120000	cny
CY2022Q2	us-gaap	Proceeds From Collection Of Loans Receivable ProceedsFromCollectionOfLoansReceivable	17368	usd
CY2022Q4	us-gaap	Principal Amount Outstanding On Loans Securitized PrincipalAmountOutstandingOnLoansSecuritized	5355257	usd
CY2023Q4	us-gaap	Principal Amount Outstanding On Loans Securitized PrincipalAmountOutstandingOnLoansSecuritized	5213397	usd
CY2022Q2	us-gaap	Production Costs ProductionCosts	1306000	usd
CY2023	us-gaap	Loans Receivable Basis Spread On Variable Rate During Period LoansReceivableBasisSpreadOnVariableRateDuringPeriod	0.015	pure
CY2023	us-gaap	Interest And Other Income InterestAndOtherIncome	909362	usd
CY2022	us-gaap	Interest And Other Income InterestAndOtherIncome	540842	usd
CY2021	us-gaap	Interest And Other Income InterestAndOtherIncome	7107	usd
CY2022Q4	us-gaap	Taxes Payable Current TaxesPayableCurrent	1671322	usd
CY2023Q4	hkit	Contract Price Of Third Party ContractPriceOfThirdParty	411000	usd
CY2023	us-gaap	Adjustments To Additional Paid In Capital Stock Issued Issuance Costs AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts	12000	usd
CY2023Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	1886775	usd
CY2022Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	1593464	usd
CY2023Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	1483445	usd
CY2022Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	1470497	usd
CY2023Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	403330	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	122967	usd
CY2023	us-gaap	Depreciation Depreciation	50662	usd
CY2022	us-gaap	Depreciation Depreciation	21881	usd
CY2023Q4	us-gaap	Sales And Excise Tax Payable Current SalesAndExciseTaxPayableCurrent	1219713	usd
CY2022Q4	us-gaap	Sales And Excise Tax Payable Current SalesAndExciseTaxPayableCurrent	1135002	usd
CY2023Q4	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	564372	usd
CY2022Q4	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	404617	usd
CY2023Q4	us-gaap	Accrual For Taxes Other Than Income Taxes Current AccrualForTaxesOtherThanIncomeTaxesCurrent	133562	usd
CY2022Q4	us-gaap	Accrual For Taxes Other Than Income Taxes Current AccrualForTaxesOtherThanIncomeTaxesCurrent	131703	usd
CY2023Q4	us-gaap	Taxes Payable Current TaxesPayableCurrent	1917647	usd
CY2023Q2	us-gaap	Proceeds From Debt Net Of Issuance Costs ProceedsFromDebtNetOfIssuanceCosts	15100000	usd
CY2023Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	3309	usd
CY2022Q4	us-gaap	Accounts And Other Receivables Net Current AccountsAndOtherReceivablesNetCurrent	399465	usd
CY2023Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	3309	usd
CY2023Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	3309	usd
CY2023Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	3309	usd
CY2023Q4	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P1Y
CY2023Q4	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.048	pure
CY2023Q4	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	3382	usd
CY2023Q4	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	3382	usd
CY2023Q4	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	73	usd
CY2023Q4	us-gaap	Accrued Payroll Taxes Current AccruedPayrollTaxesCurrent	130463	usd
CY2022Q4	us-gaap	Accrued Payroll Taxes Current AccruedPayrollTaxesCurrent	253212	usd
CY2023Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	46639	usd
CY2022Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	21132	usd
CY2023Q4	us-gaap	Accounts Payable Other Current AccountsPayableOtherCurrent	78029	usd
CY2022Q4	us-gaap	Accounts Payable Other Current AccountsPayableOtherCurrent	73823	usd
CY2023Q4	us-gaap	Accounts Payable And Other Accrued Liabilities Current AccountsPayableAndOtherAccruedLiabilitiesCurrent	255131	usd
CY2022Q4	us-gaap	Accounts Payable And Other Accrued Liabilities Current AccountsPayableAndOtherAccruedLiabilitiesCurrent	348167	usd
CY2023Q4	us-gaap	Loans Payable Current LoansPayableCurrent	493159	usd
CY2022Q4	us-gaap	Loans Payable Current LoansPayableCurrent	506578	usd
CY2023Q4	us-gaap	Long Term Loans Payable LongTermLoansPayable	2113539	usd
CY2022Q4	us-gaap	Long Term Loans Payable LongTermLoansPayable	2171050	usd
CY2023Q4	us-gaap	Loans Payable LoansPayable	2606698	usd
CY2022Q4	us-gaap	Loans Payable LoansPayable	2677628	usd
CY2022Q4	us-gaap	Loans Payable LoansPayable	2677628	usd
CY2023Q4	us-gaap	Loans Payable LoansPayable	2606698	usd
CY2023Q2	us-gaap	Sale Of Stock Price Per Share SaleOfStockPricePerShare	5
	us-gaap	Effective Income Tax Rate Reconciliation Prior Year Income Taxes EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes	0.50	pure
	us-gaap	Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate	0.20	pure
CY2023	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	1594526	usd
CY2022	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	1868963	usd
CY2021	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	2212210	usd
CY2023	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	207553	usd
CY2022	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	276189	usd
CY2021	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	202229	usd
CY2023	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	339332	usd
CY2022	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	177029	usd
CY2021	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	340624	usd
CY2023	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	546885	usd
CY2022	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	453218	usd
CY2021	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	542853	usd
CY2023	hkit	Cumulative Tax Effect Percentage CumulativeTaxEffectPercentage	0.25	pure
CY2022	hkit	Cumulative Tax Effect Percentage CumulativeTaxEffectPercentage	0.25	pure
CY2023Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards	8338	usd
CY2022Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards	5313	usd
CY2023Q4	us-gaap	Deferred Tax Assets Deferred Income DeferredTaxAssetsDeferredIncome	39340	usd
CY2022Q4	us-gaap	Deferred Tax Assets Deferred Income DeferredTaxAssetsDeferredIncome	205605	usd
CY2023Q4	hkit	Deferred Tax Assets Unbilled Cost DeferredTaxAssetsUnbilledCost	374357	usd
CY2022Q4	hkit	Deferred Tax Assets Unbilled Cost DeferredTaxAssetsUnbilledCost	355461	usd
CY2023Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Other DeferredTaxAssetsTaxDeferredExpenseOther	37727	usd
CY2022Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Other DeferredTaxAssetsTaxDeferredExpenseOther	34592	usd
CY2023Q4	us-gaap	Deferred Tax Assets Goodwill And Intangible Assets DeferredTaxAssetsGoodwillAndIntangibleAssets	259965	usd
CY2022Q4	us-gaap	Deferred Tax Assets Goodwill And Intangible Assets DeferredTaxAssetsGoodwillAndIntangibleAssets	267039	usd
CY2023Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts	13459	usd
CY2022Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts	8308	usd
CY2023Q4	hkit	Deferred Tax Assets Inventories Obsolescence DeferredTaxAssetsInventoriesObsolescence	-6591	usd
CY2022Q4	hkit	Deferred Tax Assets Inventories Obsolescence DeferredTaxAssetsInventoriesObsolescence	7043	usd
CY2023Q4	us-gaap	Deferred Tax Assets Unrealized Losses On Trading Securities DeferredTaxAssetsUnrealizedLossesOnTradingSecurities	1761	usd
CY2022Q4	us-gaap	Deferred Tax Assets Unrealized Losses On Trading Securities DeferredTaxAssetsUnrealizedLossesOnTradingSecurities	1809	usd
CY2023Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Bonuses DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBonuses	43074	usd
CY2022Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Bonuses DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBonuses	62441	usd
CY2023Q4	us-gaap	Deferred Tax Assets Other DeferredTaxAssetsOther	34246	usd
CY2022Q4	us-gaap	Deferred Tax Assets Other DeferredTaxAssetsOther	31819	usd
CY2023Q4	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	805676	usd
CY2022Q4	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	979430	usd
CY2023Q4	us-gaap	Deferred Tax Liabilities Tax Deferred Income DeferredTaxLiabilitiesTaxDeferredIncome	2270234	usd
CY2022Q4	us-gaap	Deferred Tax Liabilities Tax Deferred Income DeferredTaxLiabilitiesTaxDeferredIncome	2149169	usd
CY2023Q4	us-gaap	Deferred Tax Liabilities Deferred Expense DeferredTaxLiabilitiesDeferredExpense	50369	usd
CY2022Q4	us-gaap	Deferred Tax Liabilities Deferred Expense DeferredTaxLiabilitiesDeferredExpense	69149	usd
CY2023Q4	hkit	Deferred Tax Liabilities Deferred Government Subsidiary Income DeferredTaxLiabilitiesDeferredGovernmentSubsidiaryIncome	41673	usd
CY2022Q4	hkit	Deferred Tax Liabilities Deferred Government Subsidiary Income DeferredTaxLiabilitiesDeferredGovernmentSubsidiaryIncome	42806	usd
CY2023Q4	us-gaap	Deferred Tax Liabilities Investments DeferredTaxLiabilitiesInvestments	285	usd
CY2022Q4	us-gaap	Deferred Tax Liabilities Investments DeferredTaxLiabilitiesInvestments	2796	usd
CY2023Q4	us-gaap	Deferred Tax Liabilities Other DeferredTaxLiabilitiesOther	14336	usd
CY2022Q4	us-gaap	Deferred Tax Liabilities Other DeferredTaxLiabilitiesOther	4462	usd
CY2023Q4	us-gaap	Deferred Income Tax Liabilities DeferredIncomeTaxLiabilities	2376897	usd
CY2022Q4	us-gaap	Deferred Income Tax Liabilities DeferredIncomeTaxLiabilities	2268382	usd
CY2023Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	32942	usd
CY2022Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	11469	usd
CY2023Q4	us-gaap	Deferred Tax Liabilities DeferredTaxLiabilities	1604163	usd
CY2022Q4	us-gaap	Deferred Tax Liabilities DeferredTaxLiabilities	1300421	usd
CY2023	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.25	pure
CY2022	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.25	pure
CY2021	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.25	pure
CY2023	us-gaap	Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential	0.028	pure
CY2022	us-gaap	Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential	0.052	pure
CY2021	us-gaap	Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential	0.037	pure
CY2022	us-gaap	Effective Income Tax Rate Reconciliation Other Adjustments EffectiveIncomeTaxRateReconciliationOtherAdjustments	-0.001	pure
CY2021	us-gaap	Effective Income Tax Rate Reconciliation Other Adjustments EffectiveIncomeTaxRateReconciliationOtherAdjustments	0.011	pure
CY2023	hkit	Effective Income Tax Rate Reconciliation Tax Holidays Effect EffectiveIncomeTaxRateReconciliationTaxHolidaysEffect	-0.065	pure
CY2022	hkit	Effective Income Tax Rate Reconciliation Tax Holidays Effect EffectiveIncomeTaxRateReconciliationTaxHolidaysEffect	0.059	pure
CY2021	hkit	Effective Income Tax Rate Reconciliation Tax Holidays Effect EffectiveIncomeTaxRateReconciliationTaxHolidaysEffect	0.053	pure
CY2023	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.343	pure
CY2022	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.242	pure
CY2021	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.245	pure
CY2023	us-gaap	Proceeds From Loans ProceedsFromLoans	30000000	cny
CY2023	us-gaap	Repayments Of Debt RepaymentsOfDebt	15000000	cny
CY2023	us-gaap	Receivable With Imputed Interest Due Dates ReceivableWithImputedInterestDueDates	2025-01-21
CY2023Q4	us-gaap	Derivative Net Assets Percentage DerivativeNetAssetsPercentage	0.25	pure
CY2023Q4	us-gaap	Accounts And Other Receivables Net Current AccountsAndOtherReceivablesNetCurrent		usd
CY2023Q4	us-gaap	Deferred Costs DeferredCosts		usd
CY2022Q4	us-gaap	Long Term Investments LongTermInvestments		usd
CY2022Q4	hkit	Advances From Customers AdvancesFromCustomers		usd
CY2023Q4	us-gaap	Notes Payable Current NotesPayableCurrent		usd
CY2023Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent		usd
CY2023Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2022Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2021	us-gaap	Interest Expense InterestExpense		usd
CY2022	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.13
CY2021	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.15
CY2022	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	10987679	shares
CY2021	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	10987679	shares
CY2023	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	13257469	shares
CY2021	us-gaap	Adjustments To Additional Paid In Capital Other AdjustmentsToAdditionalPaidInCapitalOther		usd
CY2022	us-gaap	Adjustments To Additional Paid In Capital Other AdjustmentsToAdditionalPaidInCapitalOther		usd
CY2022	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization		usd
CY2021	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization		usd
CY2022	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment		usd
CY2021	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment		usd
CY2022	hkit	Increase Decrease In Advances From Customers IncreaseDecreaseInAdvancesFromCustomers		usd
CY2021	hkit	Increase Decrease In Advances From Customers IncreaseDecreaseInAdvancesFromCustomers		usd
CY2022	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability		usd
CY2021	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability		usd
CY2022	us-gaap	Repayments Of Advances For Construction RepaymentsOfAdvancesForConstruction		usd
CY2021	us-gaap	Repayments Of Advances For Construction RepaymentsOfAdvancesForConstruction		usd
CY2022	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment		usd
CY2021	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment		usd
CY2022	us-gaap	Proceeds From Sale Of Held To Maturity Securities ProceedsFromSaleOfHeldToMaturitySecurities		usd
CY2023	us-gaap	Proceeds From Other Debt ProceedsFromOtherDebt		usd
CY2021	us-gaap	Proceeds From Other Debt ProceedsFromOtherDebt		usd
CY2022	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock		usd
CY2021	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock		usd
CY2021	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities		usd
CY2022	hkit	Deferred Offering Cost DeferredOfferingCost		usd
CY2021	hkit	Deferred Offering Cost DeferredOfferingCost		usd
CY2023	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability		usd
CY2021	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability		usd
CY2023Q4	us-gaap	Accounts And Other Receivables Net Current AccountsAndOtherReceivablesNetCurrent		usd
CY2023Q4	us-gaap	Advances To Affiliate AdvancesToAffiliate		usd
CY2022	us-gaap	Payments To Suppliers PaymentsToSuppliers		usd
CY2023Q4	hkit	Reserve For Amount Not Recoverable ReserveForAmountNotRecoverable		usd
CY2023	us-gaap	Effective Income Tax Rate Reconciliation Other Adjustments EffectiveIncomeTaxRateReconciliationOtherAdjustments		pure
CY2023	dei	Amendment Flag AmendmentFlag	false
CY2023	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	FY
CY2023	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	361008
CY2023	dei	Entity Central Index Key EntityCentralIndexKey	0001742341

Files In Submission

Name	View Source	Status
0001213900-24-030818-index-headers.html	Edgar Link	pending
0001213900-24-030818-index.html	Edgar Link	pending
0001213900-24-030818.txt	Edgar Link	pending
0001213900-24-030818-xbrl.zip	Edgar Link	pending
ea0202080-20f_hitek.htm	Edgar Link	pending
ea020208001ex1-3_hitek.htm	Edgar Link	pending
ea020208001ex11-2_hitek.htm	Edgar Link	pending
ea020208001ex12-1_hitek.htm	Edgar Link	pending
ea020208001ex12-2_hitek.htm	Edgar Link	pending
ea020208001ex13-1_hitek.htm	Edgar Link	pending
ea020208001ex13-2_hitek.htm	Edgar Link	pending
ea020208001ex15-1_hitek.htm	Edgar Link	pending
ea020208001ex2-1_hitek.htm	Edgar Link	pending
ea020208001ex2-2_hitek.htm	Edgar Link	pending
ea020208001ex97-1_hitek.htm	Edgar Link	pending
ex15-1_001.jpg	Edgar Link	pending
ex15-1_002.jpg	Edgar Link	pending
ex2-1_001.jpg	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
fin_001.jpg	Edgar Link	pending
fin_002.jpg	Edgar Link	pending
fin_003.jpg	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
ea0202080-20f_hitek_htm.xml	Edgar Link	completed
hkit-20231231.xsd	Edgar Link	pending
image_001.jpg	Edgar Link	pending
image_002.jpg	Edgar Link	pending
image_003.jpg	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R48.htm	Edgar Link	pending
R49.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
hkit-20231231_def.xml	Edgar Link	unprocessable
hkit-20231231_lab.xml	Edgar Link	unprocessable
hkit-20231231_pre.xml	Edgar Link	unprocessable
R50.htm	Edgar Link	pending
R51.htm	Edgar Link	pending
R52.htm	Edgar Link	pending
R53.htm	Edgar Link	pending
R54.htm	Edgar Link	pending
R55.htm	Edgar Link	pending
R56.htm	Edgar Link	pending
R57.htm	Edgar Link	pending
R58.htm	Edgar Link	pending
R59.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R60.htm	Edgar Link	pending
R61.htm	Edgar Link	pending
R62.htm	Edgar Link	pending
R63.htm	Edgar Link	pending
R64.htm	Edgar Link	pending
R65.htm	Edgar Link	pending
R66.htm	Edgar Link	pending
R67.htm	Edgar Link	pending
R68.htm	Edgar Link	pending
R69.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R70.htm	Edgar Link	pending
R71.htm	Edgar Link	pending
R72.htm	Edgar Link	pending
R73.htm	Edgar Link	pending
R74.htm	Edgar Link	pending
R75.htm	Edgar Link	pending
R76.htm	Edgar Link	pending
R77.htm	Edgar Link	pending
R78.htm	Edgar Link	pending
R79.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R80.htm	Edgar Link	pending
R81.htm	Edgar Link	pending
R82.htm	Edgar Link	pending
R83.htm	Edgar Link	pending
R84.htm	Edgar Link	pending
R85.htm	Edgar Link	pending
R86.htm	Edgar Link	pending
R87.htm	Edgar Link	pending
R88.htm	Edgar Link	pending
R89.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
R90.htm	Edgar Link	pending
R91.htm	Edgar Link	pending
R92.htm	Edgar Link	pending
R93.htm	Edgar Link	pending
R94.htm	Edgar Link	pending
R95.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
hkit-20231231_cal.xml	Edgar Link	unprocessable

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$HKIT
HiTek Global Inc. Stock $hkit

2023 Q4 Form 20-F Financial Statement

#000121390024030818 Filed on April 05, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$HKIT HiTek Global Inc. Stock $hkit

2023 Q4 Form 20-F Financial Statement

#000121390024030818 Filed on April 05, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$HKIT
HiTek Global Inc. Stock $hkit