Delisting risk
HIHO · NASDAQ · Manufacturing - Metal Fabrication

Highway (HIHO)

Contract manufacturer of metal, plastic and electronic components for industrial and appliance OEMs.

$0.8900
At close−0.01 (−1.49%)
Loading prices…

Highway Holdings LimitedHIHOIndustrials

Produces metal, plastic, electric and electronic components, assemblies and motors for OEM manufacturers. Its Hong Kong-led network pairs Shenzhen automation with Myanmar assembly and German precision sheet-metal work, while Europe and a few customers drive most sales.

Combines metal stamping, plastic injection molding, tooling, automation, printed-circuit-board assembly, motors and finished-product assembly for OEM customers. Its BVI parent directs Hong Kong sales, procurement and engineering; Shenzhen provides automated manufacturing and tooling; Yangon handles assembly; and Germany adds precision sheet-metal and welded assemblies. Components enter printers, electrical connectors, vacuum cleaners, LED power supplies, dishwasher pumps and washing-machine products.

Pairs high-volume automation with skilled manual assembly, and its China and Myanmar factories hold quality certifications, with an environmental certification in China. Revenue comes chiefly from purchase-order manufacturing for European-owned customers, using non-binding delivery schedules that make backlog immaterial. Operations depend on a concentrated European customer base, Myanmar labor and political conditions, leased production sites, outside supplies, and Chinese, EU and customer-market requirements.

Company facts

CEORoland W. Kohl
ListedDec 9, 1996
ExchangeNASDAQ
HeadquartersSheung Shui, Hong Kong
CountryHong Kong
Employees99
CIK0001026785
ISINVGG4481U1066

Market cap$4.2M
EPS (ttm)−$0.3222
P/E (ttm)−2.80
ROE-27.2%
P/B0.8327
P/S0.7952
Dividend yieldDiv yield11.07%
Beta0.41vs XLI 0.53

No analyst consensus on record.

EPSReportedEstimate

Jan '25Jun '25Jul '25Dec '25Mar '26Jul '26Jul '26Jul '26
Reported$0.02−$0.07$0.01−$0.08−$0.02−$0.24$0.02$0.02
Estimate
Surprise

RevenueReportedEstimate

Jan '25Jun '25Jul '25Dec '25Mar '26Jul '26Jul '26Jul '26
Reported$1.9M$1.5M$1.5M$1.2M$1.1M$931.0K$931.0K$931.0K
Estimate
Surprise
Estimate
Reported$0.02
Estimate
Reported$931.0K
View details

Debt to equity58.60%
Current ratio241.60%

ProfitabilityRevenueNet incomeNet margin

Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue$2.1M$1.9M$1.5M$1.5M$1.2M$1.1M$931.0K$2.0M
Net income$231.0K$92.0K−$315.0K$61.0K−$373.0K−$115.0K−$1.1M$109.0K
Net margin10.9%4.8%0.0%3.9%0.0%0.0%0.0%5.5%

GrowthOperating income

Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Operating income$110.0K$4.0K−$652.0K−$138.0K−$542.0K−$486.0K−$1.0M$59.0K
YoY growth−0.9%−98.4%−4,700.0%−592.7%−12,250.0%

Balance sheet, Jun 30, 2026Cash & short-term investments $3.9M · Total debt $2.9M · Total assets $10.5M · Shareholders' equity $5.0M

Revenue
$2.0M
Operating income
$59.0K
Net income
$109.0K
View details

Next ex-date
Feb 10, 2027
estimated · in 160 days
Annual dividend
$0.10
per share
Dividend yield
11.07%
Schedule
Semi-annual
2 payments a year

Last raised to $0.05 from $0.02 in Dec 2024. To collect a payout, hold shares through the close before the ex-date.

History

Ex-dateRecordPaidAmountNote
Aug 10, 2026Aug 10Sep 22$0.05
Aug 7, 2026Aug 8Sep 22$0.05
Dec 12, 2024Dec 12Dec 24$0.05raised from $0.02
Oct 4, 2024Oct 4Oct 11$0.02cut from $0.05
Apr 19, 2024Apr 22May 3$0.05
Nov 29, 2023Nov 30Dec 23$0.05cut from $0.10
Jun 23, 2023Jun 26Jul 12$0.10raised from $0.05
Dec 14, 2022Dec 15Jan 5$0.05cut from $0.15
View details

Institutions4 holders · as of Mar 31, 20263.60%166.6K ADS
Otherremainder96.40%4.46M ADS

4.63M ADS as of Aug 21, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing

The share count is from the company's Mar 2020 annual report; nothing newer is on file here.

The share count has not been confirmed by a second filing; stakes use it as it stands.

Some positions are filed in underlying shares, not receipts; the ratio is unknown, so no percentage.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
Renaissance Technologies LLCInstitution
3.25%150,215 ADS13Fas of Mar 31, 2026
XTX Topco LtdInstitution
0.32%14,996 ADS13Fas of Mar 31, 2026
UBS Group AGInstitution
0.03%1,346 ADS13Fas of Mar 31, 2026
Sbi Securities Co., Ltd.Institution
0.00%35 ADS13Fas of Mar 31, 2026
Marcus Bagnall1Insiderdirector
Form 4filed Apr 6, 2026
See all 15
  1. This position is filed in underlying shares, not receipts; the ratio is unknown, so no percentage.

13F — a manager's quarterly holdings · Form 4 — an insider's transaction report

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

  • Jabil

    Vertical EMS rival spanning stamping, plastics, PCBA and assembly.

  • Flex

    Integrated manufacturing rival in plastics, tooling, metal and PCBA.

Compare

CompanyPriceChange
Highway$0.8900−1.49%$4.2M0.8−37.4%
Jabil$297.00−0.78%$31.37B37.419.00.9+11.8%
Flex$107.48+1.42%$39.14B40.920.31.3+20.6%
Median39.119.71.1+16.2%