Highway Holdings LTD cash flow statement

In fiscal 2026, Highway Holdings LTD's operations generated −$1.4m of cash; it spent $103,000 on capital projects, leaving free cash flow of −$1.5m.

Cash flow statement

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Highway Holdings LTD: cash flow statement, annual
Fiscal year	2010Mar 2010	2011Mar 2011	2012Mar 2012	2013Mar 2013	2014Mar 2014	2015Mar 2015	2016Mar 2016	2017Mar 2017	2018Mar 2018	2019Mar 2019	2020Mar 2020	2021Mar 2021	2022Mar 2022	2023Mar 2023	2024Mar 2024	2025Mar 2025	2026Mar 2026
Cash from operations	1,746	2,005	644	65	1,648	4,223	1,256	2,224	2,388	−437	442	−104	−164	809	415	−360	−1,411
Depreciation and amortisation	—	667	670	586	557	393	317	266	319	261	145	159	162	209	159	9	31
Stock-based pay	12	19	0	0	—	—	—	—	—	—	—	—	—	—	34	39	121
Capital spending	116	1,027	355	319	73	129	524	197	271	695	91	88	134	92	118	101	103
Free cash flow	1,630	978	289	−254	1,575	4,094	732	2,027	2,117	−1,132	351	−192	−298	717	297	−461	−1,514
Free cash flow after stock pay	1,618	959	289	−254	—	—	—	—	—	—	—	—	—	—	263	−500	−1,635
Dividends paid	113	603	1,058	340	568	758	1,364	1,126	1,031	1,244	297	981	569	1,019	616	492	—
Share buybacks	0	15	0	0	—	—	—	—	—	—	—	—	—	—	—	—	—
Shares issued	—	—	—	—	—	—	—	—	—	—	—	—	0	1	0	0	—

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

Compare with peers

Head to head: HIHO vs KULR HIHO vs HLP BURU vs HIHO

More: Electronic Components stocks compared, Technology sector, rankings of US companies

Figures from Highway Holdings LTD's SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Highway Holdings LTD.