Highway Holdings Ltd
highwayholdings.comWhat Do They Do?
Manufactures metal, plastic and electronic components, subassemblies and finished products for original equipment manufacturers and contract manufacturers, mainly in Europe and Asia.
20-F for FY2026, filed Jul 14, 2026
How Do They Make Money?
Customers buy manufactured products; established customers generally pay on credit, while new or lesser-known customers pay by wire before shipment. Product sales are counted on delivery or pickup; services for elderly people earn revenue as they are provided.
20-F for FY2026, filed Jul 14, 2026Sales of manufactured products to established existing clients are primarily on credit terms between 30-75 days, while the sale to new or…View ↗
(1) Delivering goods to customers’ predetermined location, the Group has satisfied the contracts’ performance obligations when the goods…View ↗
The Group provides services to elderly people, with revenue recognized over time as the services are rendered. For the years ended March…View ↗
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20-F for FY2026, filed Jul 14, 2026
FY2026 revenue by product or service (Total revenue from contracts with customers) ↗
$4.8M
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20-F for FY2026, filed Jul 14, 2026
$4.8M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Sale of products
Sold outright
20-F for FY2026, filed Jul 14, 2026 |
100%
FY2023: 100%
|
Sale of products, FY2026
$4.8M Sources
|
Sold outright |
|
Other Service Income
Recurring
|
0.3% |
Other Service Income, FY2026
$14K Sources
|
Recurring |
Who Are Their Customers?
Manufacturers, mainly European-owned companies, buy components and subassemblies for goods made at their facilities in China and Europe. They place manufacturing orders directly by purchase order.
20-F for FY2026, filed Jul 14, 2026
Do Revenues Turn Into Profits?
No. It lost $1.5M in FY2026.
20-F for FY2026, filed Jul 14, 2026
−$2.3MView ↗
20-F for FY2026, filed Jul 14, 2026
−$1.5MView ↗
20-F for FY2026, filed Jul 14, 2026
−$1.5MView ↗
How Are They Changing?
Shrinking. Revenue fell 61% in 4 years, from $12.4M in FY2022 to $4.8M in FY2026, about 21% a year.
German production
Adds German precision sheet-metal and welded-assembly operations to serve European customers locally, with a plan to hold Asian-sourced inventory closer to them.
20-F for FY2023, filed Jul 13, 2023 20-F for FY2026, filed Jul 14, 2026Highway Holdings Limited is a manufacturing company that produces a wide variety of high-quality products mostly for large, global original…View ↗
Elderly services
Adds an exploratory effort to sell products and services to elderly people in China, broadening the business beyond its earlier OEM manufacturing.
20-F for FY2023, filed Jul 13, 2023 20-F for FY2026, filed Jul 14, 2026The Company is a fully integrated manufacturer of high-quality metal, plastic, electric and electronic components, subassemblies and…View ↗
As part of its efforts to diversify beyond its OEM manufacturing operations, during fiscal 2026 the Company formed SilverAge to explore, on…View ↗
Who Do They Compete With?
Competes with FoxConn
20-F for FY2026, filed Jul 14, 2026The Company competes against numerous OEMs, including both smaller local companies as well as large international companies. Although the…View ↗
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