Highway Holdings Limited
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $19.2M | $19.6M | $22.9M | $22.4M | $22.9M | $21.9M | $25.4M | $31.1M |
| Cost of Revenue | $12.4M | $14.0M | $17.0M | $16.7M | $17.5M | $17.0M | $20.2M | $24.6M |
| Gross Profit | $6.7M | $5.6M | $5.9M | $5.7M | $5.5M | $4.9M | $5.1M | $6.6M |
| Gross Margin | 35.2% | 28.4% | 25.8% | 25.6% | 23.8% | 22.4% | 20.2% | 21.0% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $4.8M | $4.8M | $4.4M | $4.4M | $4.7M | $4.5M | $4.9M | $4.8M |
| Operating Income | $1.9M | $761.0K | $1.5M | $1.3M | $793.0K | $355.0K | $230.0K | $1.7M |
| Operating Margin | 10.1% | 3.9% | 6.6% | 5.7% | 3.5% | 1.6% | 0.9% | 5.5% |
| Interest Expense | — | — | $0 | $0 | $1.0K | $9.0K | $24.0K | $57.0K |
| Pretax Income | $2.1M | $761.0K | $1.5M | $1.3M | $767.0K | $411.0K | $370.0K | $1.8M |
| Income Tax Expense | $512.0K | $236.0K | $243.0K | $134.0K | $172.0K | $-37.0K | $186.0K | $123.0K |
| Net Income | $1.6M | $527.0K | $1.3M | $1.2M | $596.0K | $448.0K | $184.0K | $1.7M |
| Net Margin | 8.1% | 2.7% | 5.5% | 5.1% | 2.6% | 2.0% | 0.7% | 5.3% |
| EPS (Basic) | $0.41 | $0.14 | $0.33 | $0.30 | $0.16 | $0.12 | $0.05 | $0.44 |
| EPS (Diluted) | $0.41 | $0.14 | $0.33 | $0.30 | $0.16 | $0.12 | $0.05 | $0.44 |
| Shares Outstanding (Basic) | 3.8M | 3.8M | 3.8M | 3.8M | 3.8M | 3.8M | 3.8M | 3.8M |
| Shares Outstanding (Diluted) | 3.8M | 3.8M | 3.8M | 3.8M | 3.8M | 3.8M | 3.8M | 3.8M |
| Dividends Per Share | $0.32 | $0.27 | $0.40 | $0.30 | $0.12 | $0.12 | $0.20 | $0.24 |