Highway Holdings Limited income statement HIHO
In fiscal 2026, which ended Mar 31, 2026, Highway Holdings Limited reported revenue of $57,000, down 99.2% from the year before. It recorded a net loss of $1.5 million. The operating loss came to $2.3 million, an operating margin of -4047.4%. Diluted earnings per share were -$0.33. Across the 10 fiscal years shown, revenue shrank from $19.6 million in fiscal 2017 to $57,000 in fiscal 2026, about 47.7% a year.
USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.
| Line |
FY 2026
Mar 31, 2026
|
FY 2025
Mar 31, 2025
|
FY 2024
Mar 31, 2024
|
FY 2023
Mar 31, 2023
|
FY 2022
Mar 31, 2022
|
FY 2021
Mar 31, 2021
|
FY 2020
Mar 31, 2020
|
FY 2019
Mar 31, 2019
|
FY 2018
Mar 31, 2018
|
FY 2017
Mar 31, 2017
|
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
0
-99.2%
|
7
+17.3%
|
6
-38.3%
|
10
-17.2%
|
12
+34.9%
|
9
-27.0%
|
13
-12.0%
|
14
-25.5%
|
19
-2.2%
|
20
-14.5%
|
| Cost of revenue |
3
-30.4%
|
5
+7.1%
|
5
-35.0%
|
7
-17.4%
|
9
+33.0%
|
6
-23.1%
|
8
-21.4%
|
11
-13.9%
|
12
-11.5%
|
14
-17.5%
|
| Gross profit |
1
-44.7%
|
2
+44.6%
|
2
-45.6%
|
3
-16.7%
|
4
+39.3%
|
3
-34.8%
|
4
+16.0%
|
4
-46.9%
|
7
+21.0%
|
6
-6.0%
|
| Selling, general and administrative |
4
+18.1%
|
3
+21.3%
|
2
-31.5%
|
4
+13.0%
|
3
-3.6%
|
3
-2.4%
|
3
-21.4%
|
4
-9.8%
|
5
-0.1%
|
5
+9.0%
|
| Operating income |
-2
-331.2%
|
-1
+67.2%
|
-2
-241.9%
|
-0
-184.1%
|
1
+192.0%
|
-1
-182.5%
|
1
+198.9%
|
-1
-139.0%
|
2
+154.7%
|
1
-49.8%
|
| Other income (expense) |
0
-59.4%
|
1
+38.6%
|
0
+200.0%
|
0
+16300.0%
|
0
-93.8%
|
0
-89.3%
|
0
+144.3%
|
0
-54.5%
|
0
|
0
+100.0%
|
| Pretax income |
-2
-1481.0%
|
0
+112.9%
|
-1
-263.9%
|
-0
-155.1%
|
1
+194.7%
|
-1
-167.0%
|
1
+229.1%
|
-1
-133.5%
|
2
+172.3%
|
1
-49.5%
|
| Income tax |
-0
-1378.9%
|
0
+123.6%
|
-0
-705.0%
|
-0
-119.8%
|
0
+169.2%
|
-0
-169.9%
|
0
+903.8%
|
-0
-105.1%
|
1
+116.9%
|
0
-2.9%
|
| Net income |
-2
-1537.7%
|
0
+111.1%
|
-1
-226.2%
|
-0
-166.4%
|
0
+196.1%
|
-0
-167.2%
|
1
+208.9%
|
-1
-140.6%
|
2
+194.1%
|
1
-57.9%
|
| Basic EPS |
-0.33
-1750.0%
|
0.02
+109.1%
|
-0.22
-214.3%
|
-0.07
-163.6%
|
0.11
+191.7%
|
-0.12
-166.7%
|
0.18
+205.9%
|
-0.17
-141.5%
|
0.41
+192.9%
|
0.14
-57.6%
|
| Diluted EPS |
-0.33
-1750.0%
|
0.02
+109.1%
|
-0.22
-214.3%
|
-0.07
-163.6%
|
0.11
+191.7%
|
-0.12
-166.7%
|
0.18
+205.9%
|
-0.17
-141.5%
|
0.41
+192.9%
|
0.14
-57.6%
|
| Weighted average shares, basic |
5
+3.5%
|
4
+0.7%
|
4
+7.4%
|
4
+0.9%
|
4
+0.7%
|
4
+2.5%
|
4
+2.8%
|
4
+0.0%
|
4
+0.0%
|
4
+0.0%
|
| Weighted average shares, diluted |
5
+3.5%
|
4
+0.7%
|
4
+7.4%
|
4
-2.8%
|
4
+4.5%
|
4
+2.5%
|
4
+2.8%
|
4
+0.0%
|
4
+0.0%
|
4
+0.0%
|
| Other measures | ||||||||||
| Depreciation and amortization |
0
+244.4%
|
0
-94.3%
|
0
-23.9%
|
0
+29.0%
|
0
+1.9%
|
0
+9.7%
|
0
-44.4%
|
0
-18.2%
|
0
+19.9%
|
0
-16.1%
|
| EBITDA |
-2
-332.7%
|
-1
+64.3%
|
-1
-449.3%
|
-0
-136.8%
|
1
+259.5%
|
-0
-151.2%
|
1
+280.6%
|
-0
-121.9%
|
2
+119.8%
|
1
-44.0%
|
| Margins | ||||||||||
| Gross margin |
2,396.49%
|
33.32%
|
27.02%
|
30.67%
|
30.49%
|
29.53%
|
33.07%
|
25.08%
|
35.18%
|
28.41%
|
| Operating margin |
-4,047.37%
|
-7.22%
|
-25.80%
|
-4.66%
|
4.59%
|
-6.72%
|
5.95%
|
-5.29%
|
10.11%
|
3.88%
|
| Pretax margin |
-3,561.40%
|
1.98%
|
-18.02%
|
-3.06%
|
4.59%
|
-6.54%
|
7.13%
|
-4.86%
|
10.81%
|
3.88%
|
| Profit margin |
-2,673.68%
|
1.43%
|
-15.17%
|
-2.87%
|
3.58%
|
-5.03%
|
5.46%
|
-4.41%
|
8.09%
|
2.69%
|
| EBITDA margin |
-3,992.98%
|
-7.10%
|
-23.29%
|
-2.62%
|
5.90%
|
-4.98%
|
7.10%
|
-3.46%
|
11.78%
|
5.24%
|
| Effective tax rate |
—
|
25.85%
|
—
|
—
|
17.78%
|
—
|
23.33%
|
—
|
24.71%
|
31.01%
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. More on our methodology.
New to this? Read How to Read an Income Statement, With a Real Example.
Company profile
- Industry
- Miscellaneous Fabricated Metal Products (SIC 3490)
- Listed as
- HIHO (Nasdaq)
- Fiscal year ends
- March 31
- Headquarters
- Sheung Shui
- SEC filer status
- Non-accelerated filer
- SEC CIK
- 1026785
Other Miscellaneous Fabricated Metal Products companies
Source: SEC EDGAR filings. This is company-reported data, not investment advice.