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HIGHWAY HOLDINGS (HIHO)

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Research analysts covering HIGHWAY HOLDINGS.

Recent press releases and 8-K filings for HIHO.

Highway Holdings Plans to Acquire 51% of Regent-Feinbau Adermann GmbH
HIHO
M&A
New Projects/Investments
  • Highway Holdings Limited (HIHO) has signed a letter of intent to acquire 51% of German-based Regent-Feinbau Adermann GmbH.
  • The acquisition is primarily for cash and a smaller amount of the Company’s unregistered shares, with a target close by the end of March 2026.
  • This acquisition is part of Highway Holdings' strategy to reinvigorate its OEM business and expand into the Chinese automotive market, utilizing Regent-Feinbau's expertise in precision sheet metal components.
  • Highway Holdings has substantially no debt and approximately $5.3 million in cash and cash equivalents, representing approximately US$1.20 cash per share, to support this and potential future acquisitions.
Dec 23, 2025, 9:08 PM
Highway Holdings Plans Acquisition of Regent-Feinbau Adermann GmbH
HIHO
M&A
New Projects/Investments
  • Highway Holdings Limited (HIHO) has signed a letter of intent to acquire 51% of Regent-Feinbau Adermann GmbH, a German-based certified manufacturing specialist for precision sheet metal components and welded assemblies.
  • The proposed acquisition, primarily for cash and some unregistered shares, targets a close by the end of March 2026, subject to due diligence and a definitive purchase agreement.
  • This acquisition is part of Highway Holdings' strategy to reinvigorate its OEM business and target the Chinese automotive market by expanding its capabilities to include thick sheet metal cutting, bending, and welding.
  • Highway Holdings reports a strong financial foundation for acquisitions, with approximately $5.3 million in cash and cash equivalents (about US$1.20 cash per share) and substantially no debt.
  • The company views this as the first step in its M&A strategy, with other potential German targets currently under evaluation.
Dec 23, 2025, 12:00 PM
Highway Holdings Reports Q2 FY2026 Results with Net Loss and Strategic Shifts
HIHO
Earnings
Demand Weakening
M&A
  • Highway Holdings Limited reported a net loss of $373,000 (or $0.08 per diluted share) for the second quarter of fiscal year 2026, compared to net income of $231,000 (or $0.05 per diluted share) in the prior year period.
  • Net sales for Q2 FY2026 decreased to $1.18 million from $2.11 million in Q2 FY2025, primarily due to a substantial reduction in its motor OEM business as a customer shifted production.
  • The company is ramping up production for a new OEM customer and has received a substantial order from an old gaming industry customer to compensate for lost business.
  • Highway Holdings is in the final stage of negotiation for a suitable M&A target and is exploring new revenue streams in the China market, including elderly care services, to diversify its business model.
  • As of September 30, 2025, the company maintained a strong balance sheet with cash and cash equivalents of $5.6 million and total shareholders' equity of $6.0 million.
Dec 16, 2025, 5:37 PM
Highway Holdings Reports Q2 FY2026 Results with Sales Decline and Net Loss
HIHO
Earnings
Demand Weakening
M&A
  • Highway Holdings reported a significant decline in financial performance for the second quarter of fiscal year 2026, with net sales of $1.18 million (down from $2.11 million in Q2 FY2025) and a net loss of $373,000 (or $0.08 per diluted share), compared to net income of $231,000 (or $0.05 per diluted share) in the prior-year period.
  • This decline was primarily attributed to adverse pressure on its long-term OEM business, including a customer's production plant reorganization that shifted a substantial part of its motor OEM business.
  • To counter these challenges, the company is ramping up a new motor product for another OEM customer and received a substantial order from its gaming industry business customer. Additionally, Highway Holdings is actively seeking M&A opportunities and exploring new revenue streams in the China market, including services for the elderly population, to diversify its business model.
  • As of September 30, 2025, the company's balance sheet remains strong with total assets of $8.37 million and cash and cash equivalents exceeding $5.6 million, representing approximately $1.21 per diluted share.
Dec 15, 2025, 12:00 PM
Highway Holdings Reports First Quarter Fiscal 2026 Results
HIHO
Earnings
Demand Weakening
New Projects/Investments
  • Highway Holdings reported net sales of $1.55 million for the first quarter of fiscal year 2026, a decrease from $1.88 million in the prior year period.
  • Net income for Q1 FY2026 was $61,000, or $0.01 per diluted share, down from $98,000, or $0.02 per diluted share, in Q1 FY2025.
  • The company maintained a solid financial position as of June 30, 2025, with $5.82 million in cash and cash equivalents, a working capital balance of $5.7 million, and a current ratio of 3.2:1.
  • Despite challenges from reduced demand and global uncertainties, management noted unexpected interest in their proprietary CO2 cleaning machines and renewed interest from a former gaming console customer, indicating potential new business opportunities and diversification efforts.
Sep 11, 2025, 8:00 PM