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Side-by-side financial comparison of HiTek Global Inc. (HKIT) and Laser Photonics Corp (LASE). Click either name above to swap in a different company.
Laser Photonics Corp is the larger business by last-quarter revenue ($919.3K vs $741.5K, roughly 1.2× HiTek Global Inc.). HiTek Global Inc. runs the higher net margin — -123.5% vs -506.4%, a 382.9% gap on every dollar of revenue. On growth, Laser Photonics Corp posted the faster year-over-year revenue change (28.3% vs -59.6%).
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.
IPG Photonics Corporation is a manufacturer of fiber lasers. IPG Photonics developed and commercialized optical fiber lasers, which are used in a variety of applications including materials processing, medical applications and telecommunications. IPG has manufacturing facilities in the United States, Germany, Russia and Italy.
HKIT vs LASE — Head-to-Head
Income Statement — Q2 FY2025 vs Q3 FY2025
| Metric | ||
|---|---|---|
| Revenue | $741.5K | $919.3K |
| Net Profit | $-916.1K | $-4.7M |
| Gross Margin | 23.4% | -20.1% |
| Operating Margin | -181.7% | -350.0% |
| Net Margin | -123.5% | -506.4% |
| Revenue YoY | -59.6% | 28.3% |
| Net Profit YoY | -853.0% | -186.5% |
| EPS (diluted) | $-0.03 | $-0.27 |
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.
| Q3 25 | — | $919.3K | ||
| Q2 25 | $741.5K | $2.6M | ||
| Q1 25 | — | $2.3M | ||
| Q4 24 | — | $1.3M | ||
| Q3 24 | — | $716.7K | ||
| Q2 24 | $1.8M | $623.4K | ||
| Q1 24 | — | $743.0K | ||
| Q4 23 | — | $994.6K |
| Q3 25 | — | $-4.7M | ||
| Q2 25 | $-916.1K | $-1.8M | ||
| Q1 25 | — | $-1.7M | ||
| Q4 24 | — | $586.4K | ||
| Q3 24 | — | $-1.6M | ||
| Q2 24 | $121.7K | $-934.3K | ||
| Q1 24 | — | $-545.7K | ||
| Q4 23 | — | $-486.6K |
| Q3 25 | — | -20.1% | ||
| Q2 25 | 23.4% | 53.5% | ||
| Q1 25 | — | 49.8% | ||
| Q4 24 | — | 13.3% | ||
| Q3 24 | — | 85.0% | ||
| Q2 24 | 52.0% | 50.6% | ||
| Q1 24 | — | 51.9% | ||
| Q4 23 | — | 84.5% |
| Q3 25 | — | -350.0% | ||
| Q2 25 | -181.7% | -37.0% | ||
| Q1 25 | — | -68.7% | ||
| Q4 24 | — | -255.1% | ||
| Q3 24 | — | -238.0% | ||
| Q2 24 | -20.3% | -149.4% | ||
| Q1 24 | — | -73.8% | ||
| Q4 23 | — | -88.4% |
| Q3 25 | — | -506.4% | ||
| Q2 25 | -123.5% | -68.3% | ||
| Q1 25 | — | -73.4% | ||
| Q4 24 | — | 45.7% | ||
| Q3 24 | — | -226.8% | ||
| Q2 24 | 6.6% | -149.9% | ||
| Q1 24 | — | -73.4% | ||
| Q4 23 | — | -48.9% |
| Q3 25 | — | $-0.27 | ||
| Q2 25 | $-0.03 | $-0.12 | ||
| Q1 25 | — | $-0.12 | ||
| Q4 24 | — | $0.06 | ||
| Q3 24 | — | $-0.13 | ||
| Q2 24 | $0.01 | $-0.09 | ||
| Q1 24 | — | $-0.06 | ||
| Q4 23 | — | $-0.03 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $29.8M | $3.6M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $34.6M | $4.1M |
| Total Assets | $41.1M | $17.5M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | — | $3.6M | ||
| Q2 25 | $29.8M | $78.5K | ||
| Q1 25 | — | $179.1K | ||
| Q4 24 | — | $533.9K | ||
| Q3 24 | — | $2.1M | ||
| Q2 24 | $25.4M | $2.7M | ||
| Q1 24 | — | $5.2M | ||
| Q4 23 | — | $6.2M |
| Q3 25 | — | $4.1M | ||
| Q2 25 | $34.6M | $4.3M | ||
| Q1 25 | — | $6.8M | ||
| Q4 24 | — | $10.2M | ||
| Q3 24 | — | $9.7M | ||
| Q2 24 | $28.1M | $10.3M | ||
| Q1 24 | — | $12.4M | ||
| Q4 23 | — | $13.9M |
| Q3 25 | — | $17.5M | ||
| Q2 25 | $41.1M | $14.9M | ||
| Q1 25 | — | $16.0M | ||
| Q4 24 | — | $17.2M | ||
| Q3 24 | — | $10.6M | ||
| Q2 24 | $43.5M | $11.1M | ||
| Q1 24 | — | $13.6M | ||
| Q4 23 | — | $15.1M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $1.2M | $763.1K |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | — | $763.1K | ||
| Q2 25 | $1.2M | $-1.0M | ||
| Q1 25 | — | $-1.2M | ||
| Q4 24 | — | $-6.5M | ||
| Q3 24 | — | $632.7K | ||
| Q2 24 | $754.1K | $-2.4M | ||
| Q1 24 | — | $-866.3K | ||
| Q4 23 | — | $-2.0M |
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $589.6K | ||
| Q2 24 | $744.3K | $-2.4M | ||
| Q1 24 | — | $-1.0M | ||
| Q4 23 | — | — |
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 82.3% | ||
| Q2 24 | 40.6% | -388.0% | ||
| Q1 24 | — | -136.9% | ||
| Q4 23 | — | — |
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 6.0% | ||
| Q2 24 | 0.5% | 5.1% | ||
| Q1 24 | — | 20.3% | ||
| Q4 23 | — | — |
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | -11.11× | ||
| Q3 24 | — | — | ||
| Q2 24 | 6.20× | — | ||
| Q1 24 | — | — | ||
| Q4 23 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.