Highway Holdings (HIHO)
NASDAQ:HIHO
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Highway Holdings
(NASDAQ:HIHO)
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Rating:55Neutral
Price Target:
$0.84
▼(-27.50% Downside)
Action:ReiteratedDate:04/02/26
Overall score is constrained primarily by declining revenue and weak/negative cash flow, partially offset by a healthier balance sheet and a very high dividend yield. Technicals remain soft with price below major moving averages and negative MACD.
Positive Factors
Improved leverage / strong equity coverage
Lower leverage and stable equity coverage provide durable financial flexibility. With reduced debt service the company can better fund restructuring, sustain operations during demand cycles, and access financing if needed, supporting longer-term solvency and strategic options.
Negative Factors
Sustained revenue decline
A multi-year, material revenue contraction reduces scale economies, underutilizes fixed capacity, and weakens bargaining power with suppliers and customers. Persistent top-line erosion constrains reinvestment, hampers recovery plans, and lengthens the timeline to restore profitability.
Read all positive and negative factors
Positive Factors
Negative Factors
Improved leverage / strong equity coverage
Lower leverage and stable equity coverage provide durable financial flexibility. With reduced debt service the company can better fund restructuring, sustain operations during demand cycles, and access financing if needed, supporting longer-term solvency and strategic options.
Read all positive factors
Highway Holdings (HIHO) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$3.73M
Dividend Yield9.6%
Average Volume (3M)134.98K
Price to Earnings (P/E)―
Beta (1Y)0.57
Revenue Growth-19.68%
EPS Growth-2.61%
CountryUS
Employees374
SectorIndustrials
Sector Strength72
IndustryManufacturing - Metal Fabrication
Share Statistics
EPS (TTM)-0.03
Shares Outstanding4,601,825
10 Day Avg. Volume5,856
30 Day Avg. Volume134,976
Financial Highlights & Ratios
PEG Ratio-0.69
Price to Book (P/B)1.30
Price to Sales (P/S)1.10
P/FCF Ratio-17.66
Enterprise Value/Market Cap-0.29
Enterprise Value/Revenue-0.18
Enterprise Value/Gross Profit-0.60
Enterprise Value/Ebitda1.66
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Highway Holdings Business Overview & Revenue Model
Company Description
Highway Holdings Limited, together with its subsidiaries, manufactures and supplies metal, plastic, electric, and electronic components, subassemblies, and finished products for original equipment manufacturers (OEMs) and contract manufacturers. I...
How the Company Makes Money
Highway Holdings primarily makes money by selling contract manufacturing services and manufactured products to customers under purchase orders or supply arrangements. Revenue is generated when the company manufactures and delivers customer-specifi...
Highway Holdings Financial Statement Overview
Summary
Income Statement
55
Neutral
Balance Sheet
70
Positive
Cash Flow
45
Neutral
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 6.14M | 7.41M | 6.32M | 10.24M | 12.37M | 9.17M |
| Gross Profit | 1.80M | 2.47M | 1.71M | 3.14M | 3.77M | 2.71M |
| EBITDA | -653.00K | 756.00K | -381.00K | 828.00K | 1.67M | 400.00K |
| Net Income | -535.00K | 106.00K | -959.00K | -294.00K | 443.00K | -461.00K |
Balance Sheet | ||||||
| Total Assets | 8.37M | 9.55M | 11.32M | 13.88M | 14.86M | 15.49M |
| Cash, Cash Equivalents and Short-Term Investments | 5.56M | 6.18M | 6.60M | 7.01M | 7.38M | 7.76M |
| Total Debt | 490.00K | 810.00K | 1.39M | 2.06M | 1.20M | 1.96M |
| Total Liabilities | 2.40M | 3.29M | 4.68M | 5.67M | 5.59M | 5.71M |
| Stockholders Equity | 5.98M | 6.27M | 6.64M | 8.20M | 9.27M | 9.76M |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | -461.00K | 297.00K | 717.00K | -298.00K | -192.00K |
| Operating Cash Flow | 0.00 | -360.00K | 415.00K | 809.00K | -164.00K | -104.00K |
| Investing Cash Flow | 0.00 | 232.00K | -102.00K | 991.00K | -1.20M | -78.00K |
| Financing Cash Flow | 0.00 | -492.00K | -557.00K | -920.00K | -549.00K | -902.00K |
Highway Holdings Technical Analysis
Negative
1.16
Price Trends
0.89
Negative
1.06
Negative
1.36
Negative
Market Momentum
-0.03
Negative
44.77
Neutral
30.14
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HIHO, the sentiment is Negative. The current price of 1.16 is above the 20-day moving average (MA) of 0.82, above the 50-day MA of 0.89, and below the 200-day MA of 1.36, indicating a bearish trend. The MACD of -0.03 indicates Negative momentum. The RSI at 44.77 is Neutral, neither overbought nor oversold. The STOCH value of 30.14 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HIHO.
Highway Holdings Risk Analysis
Highway Holdings disclosed 33 risk factors in its most recent earnings report. Highway Holdings reported the most risks in the "Macro & Political" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Highway Holdings Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
55 Neutral | $3.73M | -15.91 | -8.38% | 9.60% | -19.68% | -2.61% | |
47 Neutral | $1.49M | -13.20 | -81.84% | ― | ― | ― | |
46 Neutral | $145.74M | -1.62 | -120.09% | ― | 0.20% | 88.39% | |
42 Neutral | $30.73M | -8.20 | -13.31% | ― | 1.15% | 94.58% |
* Industrials Sector Average
HIHO
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Highway Holdings Corporate Events
Highway Holdings Warned by Nasdaq Over Minimum Bid Price Compliance
Mar 27, 2026
Highway Holdings Limited, an international manufacturer of parts and products for blue‑chip equipment makers primarily in Germany, is headquartered in Hong Kong with production plants in Yangon, Myanmar, and Shenzhen, China. The company supp...
Highway Holdings Announces Resignation of Director Dirk Hermann
Mar 12, 2026
Highway Holdings Limited, a Hong Kong-based foreign private issuer reporting under Form 20-F in the U.S., maintains its principal executive offices in Landmark North in Sheung Shui, New Territories. The company operates under the oversight of a bo...
Highway Holdings Posts Loss on Motor Business Collapse, Maps Turnaround and EV Pivot
Mar 5, 2026
On March 2, 2026, Highway Holdings reported that net revenue for the nine months ended Dec. 31, 2025 fell 34.6% to $3.8 million, swinging to a net loss of $427,000 as the loss of a major electric motor customer and the effective shutdown of its My...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.