Highway Historical Income Statement
HIHO Stock | USD 2.08 0.01 0.48% |
Historical analysis of Highway Holdings income statement accounts such as Total Revenue of 17.3 M or Gross Profit of 3.9 M can show how well Highway Holdings Limited performed in making a profits. Evaluating Highway Holdings income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Highway Holdings's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Highway Holdings latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Highway Holdings is a good buy for the upcoming year.
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About Highway Income Statement Analysis
Highway Holdings Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Highway Holdings shareholders. The income statement also shows Highway investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Highway Holdings Income Statement Chart
Highway Holdings Limited Income Statement is one of the three primary financial statements used for reporting Highway's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Highway Holdings revenue and expense. Highway Holdings Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Highway Holdings' Selling General Administrative is very stable compared to the past year. As of the 22nd of April 2024, Net Income Applicable To Common Shares is likely to grow to about 474.9 K, while Depreciation And Amortization is likely to drop about 613.9 K. Add Fundamental
Total Revenue
Total revenue comprises all receipts Highway Holdings generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Highway Holdings Limited minus its cost of goods sold. It is profit before Highway Holdings operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Highway Holdings. It is also known as Highway Holdings overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Cost Of Revenue
Cost of Revenue is found on Highway Holdings income statement and represents the costs associated with goods and services Highway Holdings provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from Highway Holdings' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Highway Holdings current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Highway Holdings Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. At this time, Highway Holdings' Selling General Administrative is very stable compared to the past year. As of the 22nd of April 2024, Net Income Applicable To Common Shares is likely to grow to about 474.9 K, while Depreciation And Amortization is likely to drop about 613.9 K.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 3.8M | 3.1M | 2.8M | 3.9M | Total Revenue | 12.4M | 10.2M | 9.2M | 17.3M |
Highway Holdings income statement Correlations
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Highway Holdings income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 1.2M | 1M | 1.1M | 1.1M | 1.0M | 613.9K | |
Interest Expense | 1.4M | 42K | 11K | 202K | 232.3K | 243.9K | |
Total Revenue | 12.6M | 9.2M | 12.4M | 10.2M | 9.2M | 17.3M | |
Gross Profit | 4.2M | 2.7M | 3.8M | 3.1M | 2.8M | 3.9M | |
Other Operating Expenses | 11.8M | 9.8M | 11.8M | 10.7M | 9.6M | 17.0M | |
Operating Income | (495K) | (565K) | (520K) | (516K) | (464.4K) | (441.2K) | |
Ebit | (495K) | (565K) | (520K) | (516K) | (464.4K) | (441.2K) | |
Ebitda | 724K | 435K | 577K | 625K | 562.5K | 702.8K | |
Cost Of Revenue | 8.4M | 6.5M | 8.6M | 7.1M | 6.4M | 6.1M | |
Total Operating Expenses | 3.4M | 3.3M | 3.2M | 3.6M | 3.3M | 3.6M | |
Income Before Tax | 896K | (600K) | 568K | (313K) | (281.7K) | (267.6K) | |
Total Other Income Expense Net | 1.4M | (35K) | 1.1M | 203K | 233.5K | 219.5K | |
Net Income | 686K | (454K) | 443K | (293K) | (263.7K) | (250.5K) | |
Income Tax Expense | 209K | (146K) | 101K | (20K) | (23K) | (21.9K) | |
Selling General Administrative | 3.4M | 3.3M | 3.2M | 3.6M | 3.3M | 3.6M | |
Net Income Applicable To Common Shares | (630K) | 686K | (461K) | 443K | 398.7K | 474.9K | |
Minority Interest | 10K | 17K | (24K) | (1K) | (900.0) | (855.0) | |
Net Income From Continuing Ops | 687K | (454K) | 467K | (293K) | (263.7K) | (250.5K) | |
Tax Provision | 209K | (146K) | 101K | (20K) | (18K) | (17.1K) | |
Interest Income | 16K | 33K | 65K | 87K | 78.3K | 82.2K | |
Reconciled Depreciation | 1.2M | 1M | 1.1M | 1.1M | 1.3M | 923.5K |
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Highway Holdings Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. Note that the Highway Holdings information on this page should be used as a complementary analysis to other Highway Holdings' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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When running Highway Holdings' price analysis, check to measure Highway Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Highway Holdings is operating at the current time. Most of Highway Holdings' value examination focuses on studying past and present price action to predict the probability of Highway Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Highway Holdings' price. Additionally, you may evaluate how the addition of Highway Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Highway Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Highway Holdings. If investors know Highway will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Highway Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 5.885 | Dividend Share 0.2 | Earnings Share (0.23) | Revenue Per Share 1.987 | Quarterly Revenue Growth 0.603 |
The market value of Highway Holdings is measured differently than its book value, which is the value of Highway that is recorded on the company's balance sheet. Investors also form their own opinion of Highway Holdings' value that differs from its market value or its book value, called intrinsic value, which is Highway Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Highway Holdings' market value can be influenced by many factors that don't directly affect Highway Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Highway Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Highway Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Highway Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.