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Side-by-side financial comparison of Solowin Holdings, Ltd. (AXG) and HiTek Global Inc. (HKIT). Click either name above to swap in a different company.

HiTek Global Inc. is the larger business by last-quarter revenue ($741.5K vs $410.0K, roughly 1.8× Solowin Holdings, Ltd.).

DB HiTek Co., Ltd., formerly Dongbu HiTek, is a semiconductor contract manufacturing and design company headquartered in Bucheon, Gyeonggi-do, South Korea. DB HiTek is one of the major contract chip manufacturers, alongside TSMC, Samsung Electronics, GlobalFoundries, and UMC. It is also the second-largest foundry company in South Korea, behind Samsung Electronics.

AXG vs HKIT — Head-to-Head

Bigger by revenue
HKIT
HKIT
1.8× larger
HKIT
$741.5K
$410.0K
AXG

Income Statement — Q2 FY2025 vs Q2 FY2025

Metric
AXG
AXG
HKIT
HKIT
Revenue
$410.0K
$741.5K
Net Profit
$-916.1K
Gross Margin
23.4%
Operating Margin
-34.1%
-181.7%
Net Margin
-123.5%
Revenue YoY
-59.6%
Net Profit YoY
-853.0%
EPS (diluted)
$-0.03

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AXG
AXG
HKIT
HKIT
Q2 25
$741.5K
Q3 24
$410.0K
Q2 24
$1.8M
Q2 23
$2.9M
Net Profit
AXG
AXG
HKIT
HKIT
Q2 25
$-916.1K
Q3 24
Q2 24
$121.7K
Q2 23
$622.0K
Gross Margin
AXG
AXG
HKIT
HKIT
Q2 25
23.4%
Q3 24
Q2 24
52.0%
Q2 23
50.9%
Operating Margin
AXG
AXG
HKIT
HKIT
Q2 25
-181.7%
Q3 24
-34.1%
Q2 24
-20.3%
Q2 23
17.2%
Net Margin
AXG
AXG
HKIT
HKIT
Q2 25
-123.5%
Q3 24
Q2 24
6.6%
Q2 23
21.1%
EPS (diluted)
AXG
AXG
HKIT
HKIT
Q2 25
$-0.03
Q3 24
Q2 24
$0.01
Q2 23
$0.05

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AXG
AXG
HKIT
HKIT
Cash + ST InvestmentsLiquidity on hand
$2.5M
$29.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$6.0M
$34.6M
Total Assets
$13.1M
$41.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AXG
AXG
HKIT
HKIT
Q2 25
$29.8M
Q3 24
$2.5M
Q2 24
$25.4M
Q2 23
$12.2M
Stockholders' Equity
AXG
AXG
HKIT
HKIT
Q2 25
$34.6M
Q3 24
$6.0M
Q2 24
$28.1M
Q2 23
$26.0M
Total Assets
AXG
AXG
HKIT
HKIT
Q2 25
$41.1M
Q3 24
$13.1M
Q2 24
$43.5M
Q2 23
$33.2M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AXG
AXG
HKIT
HKIT
Operating Cash FlowLast quarter
$-1.6M
$1.2M
Free Cash FlowOCF − Capex
$-1.6M
FCF MarginFCF / Revenue
-392.9%
Capex IntensityCapex / Revenue
4.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AXG
AXG
HKIT
HKIT
Q2 25
$1.2M
Q3 24
$-1.6M
Q2 24
$754.1K
Q2 23
$200.9K
Free Cash Flow
AXG
AXG
HKIT
HKIT
Q2 25
Q3 24
$-1.6M
Q2 24
$744.3K
Q2 23
$60.3K
FCF Margin
AXG
AXG
HKIT
HKIT
Q2 25
Q3 24
-392.9%
Q2 24
40.6%
Q2 23
2.0%
Capex Intensity
AXG
AXG
HKIT
HKIT
Q2 25
Q3 24
4.4%
Q2 24
0.5%
Q2 23
4.8%
Cash Conversion
AXG
AXG
HKIT
HKIT
Q2 25
Q3 24
Q2 24
6.20×
Q2 23
0.32×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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