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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

Bigger by revenue
LASE
LASE
1.2× larger
LASE
$919.3K
$741.5K
HKIT
Growing faster (revenue YoY)
LASE
LASE
+87.8% gap
LASE
28.3%
-59.6%
HKIT
Higher net margin
HKIT
HKIT
382.9% more per $
HKIT
-123.5%
-506.4%
LASE

Income Statement — Q2 FY2025 vs Q3 FY2025

Metric
HKIT
HKIT
LASE
LASE
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.

Revenue
HKIT
HKIT
LASE
LASE
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
Net Profit
HKIT
HKIT
LASE
LASE
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
Gross Margin
HKIT
HKIT
LASE
LASE
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%
Operating Margin
HKIT
HKIT
LASE
LASE
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%
Net Margin
HKIT
HKIT
LASE
LASE
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%
EPS (diluted)
HKIT
HKIT
LASE
LASE
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
HKIT
HKIT
LASE
LASE
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.

Cash + ST Investments
HKIT
HKIT
LASE
LASE
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
Stockholders' Equity
HKIT
HKIT
LASE
LASE
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
Total Assets
HKIT
HKIT
LASE
LASE
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
HKIT
HKIT
LASE
LASE
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.

Operating Cash Flow
HKIT
HKIT
LASE
LASE
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
Free Cash Flow
HKIT
HKIT
LASE
LASE
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$589.6K
Q2 24
$744.3K
$-2.4M
Q1 24
$-1.0M
Q4 23
FCF Margin
HKIT
HKIT
LASE
LASE
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
82.3%
Q2 24
40.6%
-388.0%
Q1 24
-136.9%
Q4 23
Capex Intensity
HKIT
HKIT
LASE
LASE
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
6.0%
Q2 24
0.5%
5.1%
Q1 24
20.3%
Q4 23
Cash Conversion
HKIT
HKIT
LASE
LASE
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.

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