Highway Holdings Financials

HIHO Stock  USD 1.90  0.01  0.52%   
Based on the key indicators related to Highway Holdings' liquidity, profitability, solvency, and operating efficiency, Highway Holdings Limited is not in a good financial situation at this time. It has a very high probability of going through financial hardship in January. At this time, Highway Holdings' Non Current Assets Total are very stable compared to the past year. As of the 17th of December 2024, Net Receivables is likely to grow to about 2.5 M, while Other Current Liabilities is likely to drop about 1.3 M. Key indicators impacting Highway Holdings' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.150.1296
Fairly Up
Slightly volatile
Current Ratio2.252.5139
Moderately Down
Slightly volatile
The financial analysis of Highway Holdings is a critical element in measuring its lifeblood. Investors should not minimize Highway Holdings' ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

(911,050)

  
Understanding current and past Highway Holdings Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Highway Holdings' financial statements are interrelated, with each one affecting the others. For example, an increase in Highway Holdings' assets may result in an increase in income on the income statement.

Highway Holdings Stock Summary

Highway Holdings competes with CompoSecure, Dave Warrants, Evolv Technologies, Morningstar Unconstrained, and Thrivent High. Highway Holdings Limited, together with its subsidiaries, manufactures and supplies metal, plastic, electric, and electronic components, subassemblies, and finished products for original equipment manufacturers and contract manufacturers. Highway Holdings Limited was incorporated in 1990 and is headquartered in Sheung Shui, Hong Kong. Highway Hlds operates under Fabricated Metal And Composite Products classification in the United States and is traded on NASDAQ Exchange.
Specialization
Industrials, Metal Fabrication
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINVGG4481U1066
CUSIPG4481U106
LocationHong Kong
Business AddressLandmark North, Sheung
SectorMachinery
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.highwayholdings.com
Phone852 2344 4248
CurrencyUSD - US Dollar

Highway Holdings Key Financial Ratios

Highway Holdings Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets18.2M15.5M14.9M13.9M11.3M13.6M
Other Current Liab3.2M1.6M1.9M2.0M1.8M1.3M
Net Debt(6.0M)(5.8M)(4.8M)(4.9M)(5.2M)(5.5M)
Retained Earnings(865K)(2.0M)(2.3M)(3.4M)(5.0M)(4.8M)
Accounts Payable997K653K828K928K935K1.6M
Net Receivables2.0M973K2.3M1.9M1.3M2.5M
Inventory2M2.2M2.4M1.4M1.6M2.8M
Other Current Assets11K513K620K406K226K214.7K
Total Liab7.3M5.7M5.6M5.7M4.7M6.2M
Total Current Assets13.2M11.5M12.3M10.7M9.6M15.1M
Short Term Debt782K1.6M1.9M573K588K558.6K
Other Assets358K377K95K308K277.2K270.2K
Other Liab229K607K140K124K142.6K143.4K
Net Tangible Assets10.1M10.9M9.8M9.3M8.3M8.8M
Net Invested Capital10.9M9.8M9.3M8.2M6.6M7.6M
Net Working Capital8.2M7.5M7.1M6.6M5.8M6.2M

Highway Holdings Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense1.4M42K11K202K232.3K243.9K
Total Revenue12.6M9.2M12.4M10.2M6.3M6.0M
Gross Profit4.2M2.7M3.8M3.1M1.7M1.6M
Operating Income(495K)(565K)(520K)(516K)(769K)(730.6K)
Ebit(495K)(616K)567K(477K)(769K)(730.6K)
Ebitda724K384K1.7M664K(11K)(10.5K)
Cost Of Revenue8.4M6.5M8.6M7.1M4.6M4.4M
Income Before Tax896K(600K)568K(313K)(1.1M)(1.1M)
Net Income686K(454K)443K(293K)(959K)(911.1K)
Income Tax Expense209K(146K)101K(20K)(161K)(153.0K)
Minority Interest10K17K(24K)(1K)19K14.6K
Tax Provision209K(146K)101K(20K)(161K)(153.0K)
Interest Income16K33K65K87K248K260.4K

Highway Holdings Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(559K)(301K)(167K)794K(272K)(258.4K)
Change In Cash(297K)(1.1M)(1.7M)942K(351K)(333.5K)
Free Cash Flow351K(192K)(298K)717K297K282.2K
Depreciation1.2M1M1.1M1.1M758K631.0K
Other Non Cash Items23K116K75K563K526K552.3K
Dividends Paid297K981K569K1.0M(616K)(585.2K)
Capital Expenditures91K88K134K92K118K112.1K
Net Income687K(454K)467K(293K)(978K)(929.1K)
Change To Netincome414K565K(198K)653K751.0K788.5K
Investments(64K)(78K)(1.1M)991K(102K)(107.1K)

Highway Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Highway Holdings's current stock value. Our valuation model uses many indicators to compare Highway Holdings value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Highway Holdings competition to find correlations between indicators driving Highway Holdings's intrinsic value. More Info.
Highway Holdings Limited is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers . At this time, Highway Holdings' Return On Equity is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Highway Holdings' earnings, one of the primary drivers of an investment's value.

Highway Holdings Systematic Risk

Highway Holdings' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Highway Holdings volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Highway Holdings correlated with the market. If Beta is less than 0 Highway Holdings generally moves in the opposite direction as compared to the market. If Highway Holdings Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Highway Holdings is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Highway Holdings is generally in the same direction as the market. If Beta > 1 Highway Holdings moves generally in the same direction as, but more than the movement of the benchmark.

Highway Holdings Thematic Clasifications

Highway Holdings Limited is part of several thematic ideas from Copper to Farming. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Highway Holdings Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Highway Holdings' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Highway Holdings growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.044)

At this time, Highway Holdings' Price Earnings To Growth Ratio is very stable compared to the past year.

Highway Holdings December 17, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Highway Holdings help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Highway Holdings Limited. We use our internally-developed statistical techniques to arrive at the intrinsic value of Highway Holdings Limited based on widely used predictive technical indicators. In general, we focus on analyzing Highway Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Highway Holdings's daily price indicators and compare them against related drivers.
When determining whether Highway Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Highway Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Highway Holdings Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Highway Holdings Limited Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Highway Holdings Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Highway Holdings. If investors know Highway will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Highway Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share
0.07
Earnings Share
(0.11)
Revenue Per Share
1.742
Quarterly Revenue Growth
0.601
Return On Assets
(0.02)
The market value of Highway Holdings is measured differently than its book value, which is the value of Highway that is recorded on the company's balance sheet. Investors also form their own opinion of Highway Holdings' value that differs from its market value or its book value, called intrinsic value, which is Highway Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Highway Holdings' market value can be influenced by many factors that don't directly affect Highway Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Highway Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Highway Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Highway Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.