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Highway Holdings (HIHO)
NASDAQ:HIHO
US Market
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Highway Holdings (HIHO) Price & Analysis

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HIHO Stock Chart & Stats

$1.16
-$0.05(-2.65%)
At close: 4:00 PM EST
$1.16
-$0.05(-2.65%)

Bulls Say, Bears Say

Bulls Say
Diverse Contract Manufacturing ModelHighway's contract-manufacturing model spans industrial, medical, telecom/networking and consumer sectors and includes engineering, tooling, finishing and assembly with Asia-based supply-chain operations. This breadth creates recurring program revenue, customer stickiness and diversification benefits over time.
Positive Equity CushionDespite recent losses, the balance sheet shows positive equity (~$4.9M in 2026) and historically conservative leverage. That capital buffer provides a cushion to absorb near-term losses, supports operational continuity and offers runway to restructure or pursue new programs without immediate insolvency risk.
Proven Ability To Return To ProfitabilityThe firm returned to profitability in stronger demand years (2022 and 2025), demonstrating operational leverage and the ability to generate margins when utilization rises. This indicates the cost structure can support profitable outcomes if volumes or pricing normalize, a durable recovery lever if demand rebounds.
Bears Say
Sharp Revenue DeclineRevenues plunged over multiple years, from $12.4M in 2022 to $4.8M in 2026, representing a sustained structural decline. Lower sales undermine fixed-cost absorption, reduce pricing leverage, and signal potential customer program losses that could take many quarters to replace without new contract wins.
Negative Operating And Free Cash FlowOperating cash flow turned negative and free cash flow worsened in 2026, reflecting cash burn. Persistent negative cash generation forces reliance on external financing, restricts capital expenditures and working capital support, and elevates liquidity risk over the coming months unless cash generation reverses.
Rising Debt And LeverageDebt rose materially year-over-year, lifting debt relative to equity to roughly 0.64. The step-up in leverage increases fixed obligations and financial stress alongside weak profitability, reducing flexibility to invest in new programs and amplifying refinancing and covenant risks if operational metrics don't improve.

Highway Holdings News

HIHO FAQ

What was Highway Holdings’s price range in the past 12 months?
Highway Holdings lowest stock price was $0.60 and its highest was $2.21 in the past 12 months.
    What is Highway Holdings’s market cap?
    Highway Holdings’s market cap is $3.59M.
      When is Highway Holdings’s upcoming earnings report date?
      Highway Holdings’s upcoming earnings report date is Oct 19, 2026 which is in 91 days.
        How were Highway Holdings’s earnings last quarter?
        Currently, no data Available
        Is Highway Holdings overvalued?
        According to Wall Street analysts Highway Holdings’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
          Does Highway Holdings pay dividends?
          Highway Holdings pays a Quarterly dividend of $0.05 which represents an annual dividend yield of 9.6%. See more information on Highway Holdings dividends here
            What is Highway Holdings’s EPS estimate?
            Highway Holdings’s EPS estimate for its next earnings report is not yet available.
            How many shares outstanding does Highway Holdings have?
            Highway Holdings has 4,626,676 shares outstanding.
              What happened to Highway Holdings’s price movement after its last earnings report?
              Currently, no data Available
              Which hedge fund is a major shareholder of Highway Holdings?
              Currently, no hedge funds are holding shares in HIHO
              What is the TipRanks Smart Score and how is it calculated?
              Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                Company Description

                Highway Holdings

                Highway Holdings Limited, including its various subsidiaries, is primarily involved in the creation and distribution of a wide array of components, subassemblies, and complete products. These offerings encompass metal, plastic, electrical, and electronic categories, catering mainly to original equipment manufacturers (OEMs) and contract-based production companies. The firm's activities are structured into two distinct divisions: Metal Stamping and Mechanical OEM, and Electric OEM. Beyond its core manufacturing, Highway Holdings also deals in plastic injection molded items and fabricates specialized automation machinery. Their diverse product range is integrated into numerous consumer and industrial goods, such as photocopiers, laser printers, print cartridges, various electrical connectors and circuits, vacuum cleaners, LED power supplies, stepping motors, dishwasher pumps, and other washing machine parts. Moreover, the company extends its expertise by assisting clients with the conceptualization and development of tooling crucial for both metal and plastic fabrication processes. Their extensive suite of manufacturing and engineering services includes precision metal stamping, screen printing, plastic injection molding, pad printing, and the electronic assembly of printed circuit boards. Founded in 1990, Highway Holdings Limited maintains its corporate headquarters in Sheung Shui, Hong Kong, with operations spanning Hong Kong, China, Europe, North America, and various other Asian territories.

                Highway Holdings (HIHO) Earnings & Revenues

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                Ownership Overview

                0.42%99.58%
                Insiders
                Mutual Funds
                0.42% Other Institutional Investors
                99.58% Public Companies and
                Individual Investors
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