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In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.
Biddance AI Systems's Net-Net Working Capital for the quarter that ended in Dec. 2025 was $166.79.
The industry rank for Biddance AI Systems's Net-Net Working Capital or its related term are showing as below:
HKIT's Price-to-Net-Net-Working-Capital is ranked better than 99.92% of 1220
companies
in the Software industry
Industry Median: 6.985
vs HKIT: 0.02
Biddance AI Systems (NAS:HKIT) Net-Net Working Capital Explanation
One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.
Benjamin Graham looked for companies whose market values were less than two-thirds of their net-net value. They are collected under our Net-Net screener.
Biddance AI Systems Net-Net Working Capital Related Terms
Biddance AI Systems Net-Net Working Capital Historical Data
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The historical data trend for Biddance AI Systems's Net-Net Working Capital can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
HKIT vs CLPS, JFU, LZMH: Net-Net Working Capital Comparison
For the Information Technology Services subindustry, Biddance AI Systems's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Biddance AI Systems Price-to-Net-Net-Working-Capital vs Software Industry
For the Software industry and Technology sector, Biddance AI Systems's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Biddance AI Systems's Price-to-Net-Net-Working-Capital falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.
In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.
This is a conservative way of estimating the company's value.
What does a Net-Net Working Capital of $166.79 mean?
Biddance AI Systems (HKIT) has a Net-Net Working Capital of $166.79 as of Dec. 2025. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Biddance AI Systems According to the industry distribution chart, Biddance AI Systems ranks #1 out of 1220 companies in the Software industry, placing it in the top 0.099999999999994%.
Is Biddance AI Systems' Net-Net Working Capital too high?
Biddance AI Systems' current Net-Net Working Capital is $166.79. The Software industry median Net-Net Working Capital is 6.99. Biddance AI Systems' value of $166.79 is 2287.8% above this industry median. Based on the distribution chart, Biddance AI Systems ranks #1 out of 1220 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Biddance AI Systems has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Biddance AI Systems' Net-Net Working Capital compare to CLPS and JFU?
According to the Software industry distribution chart, Biddance AI Systems ranks #1 out of 1220 companies for Net-Net Working Capital. This places Biddance AI Systems in the top 0% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 6.99. Biddance AI Systems' value of $166.79 is 2287.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for a Software company?
The median Net-Net Working Capital among Software companies is 6.99, based on 1,220 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Biddance AI Systems's current Net-Net Working Capital of $166.79 is 2287.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Biddance AI Systems For the Software industry, the median Net-Net Working Capital is 6.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Biddance AI Systems's current Net-Net Working Capital is $166.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Biddance AI Systems stock overvalued right now?
Based on GuruFocus' analysis, Biddance AI Systems (HKIT) is currently considered Possible Value Trap. The stock's GF Value™ is $30,516.21, compared to a current price of $2.63 — trading 100% below its estimated fair value. The current Net-Net Working Capital is $166.79 and 2287.8% above the Software industry median of 6.99. Biddance AI Systems' overall GF Score™ is 61/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For Biddance AI Systems (HKIT), the current Net-Net Working Capital is $166.79 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Biddance AI Systems (HKIT) Overvalued in 2026?
Based on GuruFocus' analysis, Biddance AI Systems stock appears to be undervalued.
The current stock price of $2.63 is trading 100% below its estimated GF Value™ of $30,516.21.
GuruFocus considers Biddance AI Systems to be Possible Value Trap.
Key valuation signals for HKIT:
Net-Net Working Capital: $166.79
GF Value™: $30,516.21 vs. price of $2.63 (100% below fair value)
Industry Position: 2287.8% above the Software median (#1 of 1220)
No single metric tells the full story. See the HKIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hitek Global Inc is a provider of information technology consulting and solutions services. The company has two lines of business services to small and medium businesses, which consist of Anti-Counterfeiting Tax Control System tax devices, including Golden Tax Disk and printers, ACTCS services, and IT services; and services to large businesses, which include hardware sales and software sales. It generates revenues from Hardware and equipment sales, Tax services, and Software sales.
61GF Score
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