HIHO (Highway Holdings Limited) Stock Financials & Earnings | Market Cap Arena

HIHO (Highway Holdings Limited) Stock Financials & Earnings | Market Cap Arena

HIHOHighway Holdings Limited

Mkt Cap$4M

Industrials·Manufacturing - Metal Fabrication·🇭🇰 Hong Kong·NASDAQ

Revenue (TTM)$5M

Net Income (TTM)-$742,000

EPS (TTM)-$0.16

Free Cash Flow (TTM)$0

Gross Margin26.6%

Op. Margin-33.9%

Net Margin-13.8%

FCF Margin0.0%

P/S Ratio (TTM)0.7x

P/E Ratio (TTM)—

YoY Rev Growth-27.0%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q4 23	$2M	$263K	-$1M
Q1 24	$1M	$377K	-$400K
Q2 24	$1M	$383K	$111K
Q3 24	$2M	$922K	$243K
Q4 24	$1M	$26K	-$723K
Q1 25	$2M	$661K	$3K
Q2 25	$2M	$834K	$110K
Q3 25	$2M	$670K	$4K
Q4 25	$1M	$305K	-$652K
Q1 26	$2M	$527K	-$138K
Q2 26	$1M	$301K	-$542K
Q3 26	$1M	$292K	-$486K

Valuation

Quarter	P/S	P/E
Q4 23	0.4x	—
Q1 24	0.4x	—
Q2 24	0.6x	—
Q3 24	0.6x	—
Q4 24	0.6x	—
Q1 25	0.6x	—
Q2 25	0.5x	—
Q3 25	0.5x	—
Q4 25	0.5x	36.5x
Q1 26	0.5x	56.0x
Q2 26	0.6x	—
Q3 26	0.7x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q3 23	$0	$0
Q4 23	$0	$0
Q1 24	$0	$0
Q2 24	$0	$0
Q3 24	$0	$0
Q4 24	$0	$0
Q1 25	$0	$0
Q2 25	$0	$0
Q3 25	$0	$0
Q4 25	$0	$0
Q1 26	$0	$0
Q2 26	$0	$0

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 23	-43.7%	-8.0%
Q1 24	-54.2%	-32.2%
Q2 24	-56.6%	-54.5%
Q3 24	-12.9%	-22.2%
Q4 24	-16.2%	-26.6%
Q1 25	+39.5%	+7.4%
Q2 25	+60.1%	+65.7%
Q3 25	-13.6%	-3.2%
Q4 25	+4.7%	-0.2%
Q1 26	-17.7%	-10.2%
Q2 26	-44.3%	-14.2%
Q3 26	-40.5%	-15.2%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q3 23	$0	0.0%
Q4 23	$0	0.0%
Q1 24	$0	0.0%
Q2 24	$0	0.0%
Q3 24	$0	0.0%
Q4 24	$58K	4.1%
Q1 25	$0	0.0%
Q2 25	$0	0.0%
Q3 25	$0	0.0%
Q4 25	$61K	4.1%
Q1 26	$0	0.0%
Q2 26	$0	0.0%

OpEx Breakdown

Quarter	SG&A
Q4 23	$1M
Q1 24	$777K
Q2 24	$272K
Q3 24	$679K
Q4 24	$749K
Q1 25	$658K
Q2 25	$724K
Q3 25	$666K
Q4 25	$957K
Q1 26	$665K
Q2 26	$843K
Q3 26	$778K

War Chest

Quarter	Cash	Short-term Investments	Total
Q4 23	$7M	$54K	$7M
Q1 24	$7M	$0	$7M
Q2 24	$7M	$0	$7M
Q3 24	$6M	$0	$6M
Q4 24	$7M	$3K	$7M
Q1 25	$6M	$0	$6M
Q2 25	$6M	$0	$6M
Q3 25	$5M	$0	$5M
Q4 25	$6M	$207K	$6M
Q1 26	$6M	$0	$6M
Q2 26	$6M	$0	$6M
Q3 26	$5M	$0	$5M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q4 23	4M	-1.0%
Q1 24	4M	+3.9%
Q2 24	4M	-0.3%
Q3 24	4M	+3.8%
Q4 24	4M	+0.1%
Q1 25	5M	+2.4%
Q2 25	4M	-2.3%
Q3 25	4M	+0.0%
Q4 25	4M	-0.0%
Q1 26	4M	+1.0%
Q2 26	5M	+3.5%
Q3 26	5M	+0.0%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$61K	374
FY 15	$270K	83
FY 16	$236K	97
FY 17	$209K	94
FY 18	$177K	108
FY 19	$130K	110
FY 20	$127K	99
FY 21	$92K	100
FY 22	$103K	120
FY 23	$114K	90
FY 24	$88K	72
FY 25	$12K	600