Paasa Logo

NASDAQ · Technology

Invest in Hitek Global stock from India

Indian and foreign residents can buy Hitek Global (HKIT) shares directly through Paasa.

By Paasa · Updated

Hitek Global at a glance

Price
$2.50-$0.37 (12.75%)
Market cap
$42.28K
Day range
$2.50 – $2.88
P/E
0.32
Dividend yield
None
Volume
69.27K
1 month
-15.97%
6 months
-98.79%
YTD
-99.97%
1 year
-99.96%
5 years
-99.99%

Live chart and statistics

Hitek Global statements, FY2021–FY2025

Fiscal year20252024202320222021
Revenue$6.5M$2.9M$4.6M$6.4M$6.5M
Gross profit$690.5K$1.0M$1.9M$3.5M$3.9M
Operating income−$1.8M−$1.7M$101.1K$1.6M$2.1M
Net income$180.1K−$896.7K$1.0M$1.4M$1.7M
Earnings per share$25.00−$54.38$98.75$162.50$137.50
EBITDA$731.8K−$283.5K$2.0M$2.2M$2.6M
Total assets$42.6M$41.5M$35.4M$21.2M$17.1M
Total debt$2.6M$2.5M$2.6M$2.7M$0.0
Cash and short-term investments$21.7M$30.2M$18.1M$5.5M$7.3M
Shareholders' equity$36.0M$35.3M$28.3M$13.5M$13.1M
Operating cash flow−$1.5M−$688.5K−$61.9K$3.8M−$214.6K
Free cash flow−$1.5M−$979.0K−$587.7K−$1.8M−$240.2K
Capital expenditure$0.0−$290.5K−$525.8K−$5.6M−$25.6K

Fiscal years as reported, the latest ending 31 Dec 2025. Figures in USD; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
Where Food Comes FromWFCF$11.95$60.22M
AetherATHR$3.42$41.53M
PhunwarePHUN$2.00$40.81M
KnorexKNRX$1.36$34.75M
Micropolis AI RoboticsMCRP$0.79$27.73M
AwareAWRE$1.19$25.76M
NukkleusNUKK$1.26$20.99M
YXTYXT$2.41$14.36M

Peers as grouped by the data provider. This is not an investment recommendation.

How to invest in Hitek Global from India

  1. Step 1

    Open your Paasa account

    KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Step 2

    Add funds from your Indian bank account

    Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.

  3. Step 3

    Search HKIT and buy

    Find Hitek Global by name or by its ticker, HKIT, and place your order. Fractional shares are available and there is no minimum trade size, so you can buy by amount instead of whole shares.

Why invest in Hitek Global from India

What Hitek Global does

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; business consulting 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. Hitek Global operates in the Information Technology Services industry within the Technology sector.

Hold a dollar asset

Hitek Global shares are priced in US dollars, so a weaker rupee adds to what they're worth in rupees. The rupee depreciated over 85% against the dollar between 2010 and 2025.

Buy a fraction of a share

Buy by amount, not by share, and get the matching fraction of one Hitek Global share. There is no minimum trade size.

Paasa handles the paperwork

Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.

Frequently asked questions

Can I buy Hitek Global stock from India?

Yes. Indian residents and NRIs can buy Hitek Global (HKIT) shares directly through Paasa. Hitek Global is listed on NASDAQ, in the Information Technology Services industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.

Do I need to buy a full Hitek Global share?

No. You can buy part of one Hitek Global share and add to your position over time. One share is $2.50, and you can buy whole shares or any fraction; there is no minimum trade size.

How are Hitek Global dividends taxed for Indian investors?

Hitek Global trades on NASDAQ but is domiciled in China, so any withholding on its dividends follows that country's rules rather than those of the US. Some non-US companies list in the US through American Depositary Receipts, which can carry dividend withholding at the company's home-country rate. Dividends are taxed at your slab rate in India. Paasa's dividend report shows the gross amount and any tax withheld for each payment.

What tax do I pay in India when I sell Hitek Global shares?

The US does not levy capital gains tax on shares for Indian residents. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the USD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.

Share this guide
Get started

Build wealth in dollars, safeguard against rupee depreciation

Book a short call with our team to understand how Paasa can work for you