Highway Holdings Limited (HIHO)’s Financial Results Comparing With Haynes International Inc. (NASDAQ:HAYN)

Both Highway Holdings Limited (NASDAQ:HIHO) and Haynes International Inc. (NASDAQ:HAYN) are each other’s competitor in the Metal Fabrication industry. Thus the compare of their institutional ownership, analyst recommendations, profitability, risk, dividends, earnings and valuation.

Earnings and Valuation

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Highway Holdings Limited 16.75M 0.67 N/A 0.26 13.99
Haynes International Inc. 452.70M 0.90 N/A -0.24 0.00

Table 1 shows gross revenue, earnings per share (EPS) and valuation of the two companies.

Profitability

Table 2 hightlights the return on equity, net margins and return on assets of the two companies.

Net Margins Return on Equity Return on Assets
Highway Holdings Limited 0.00% 8.6% 5.6%
Haynes International Inc. 0.00% -6.9% -3.6%

Risk & Volatility

A 0.14 beta indicates that Highway Holdings Limited is 86.00% less volatile compared to Standard and Poor’s 500. Haynes International Inc. on the other hand, has 1.49 beta which makes it 49.00% more volatile compared to Standard and Poor’s 500.

Liquidity

The current Quick Ratio of Highway Holdings Limited is 2.4 while its Current Ratio is 2.8. Meanwhile, Haynes International Inc. has a Current Ratio of 5.9 while its Quick Ratio is 1.5. Haynes International Inc. is better positioned to pay off its short-term and long-term debts than Highway Holdings Limited.

Dividends

Highway Holdings Limited pays out $0.26 per share annually while its annual dividend yield is 8.87%. Haynes International Inc. has an annual dividend pay of $0.88 per share while its annual dividend yield is 2.71%.

Institutional and Insider Ownership

Highway Holdings Limited and Haynes International Inc. has shares owned by institutional investors as follows: 6.9% and 97.2%. Insiders owned 46.5% of Highway Holdings Limited shares. Insiders Comparatively, owned 1.6% of Haynes International Inc. shares.

Performance

In this table we provide the Weekly, Monthly, Quarterly, Half Yearly, Yearly and YTD Performance of both pretenders.

Performance (W) Performance (M) Performance (Q) Performance (HY) Performance (Y) Performance (YTD)
Highway Holdings Limited -3.2% -7.38% -5% -23.19% -10.86% -14.05%
Haynes International Inc. -9.71% -7.32% -16.31% -27.53% -4.71% -7.11%

For the past year Highway Holdings Limited was more bearish than Haynes International Inc.

Summary

Haynes International Inc. beats Highway Holdings Limited on 6 of the 10 factors.

Highway Holdings Limited, through its subsidiaries, manufactures and supplies metal, plastic, electric, and electronic components, subassemblies, and finished products for original equipment manufacturers (OEM) and contract manufacturers. The company operates through two segments, Metal Stamping and Mechanical OEM, and Electric OEM. It also engages in the trade of plastic injection products; and manufactures and assembles metal, plastic, mold, and electronic products, and automation equipment. The companyÂ’s products are used in the manufacture of products, such as photocopiers, laser printers, print cartridges, electrical connectors, electrical circuits, vacuum cleaners, LED power supplies, stepping motors, pumps for dishwashers, and other washing machine components. In addition, it assists customers in the design and development of the tooling used in the metal and plastic manufacturing process and provides an array of other manufacturing and engineering services. The company primarily serves customers in Hong Kong/China, Europe, the United States/Mexico, and other Asian countries. Highway Holdings Limited was founded in 1990 and is headquartered in Sheung Shui, Hong Kong.

Haynes International, Inc. develops, manufactures, markets, and distributes nickel and cobalt-based alloys in sheet, coil, and plate forms in the United States, Europe, Asia, and internationally. The company offers high-temperature resistant alloys (HTA) and corrosion-resistant alloys (CRA). Its HTA products are used by manufacturers of equipment, including jet engines for the aerospace market; gas turbine engines for power generation and waste incineration; and industrial heating equipment. The companyÂ’s CRA products are used in various applications, such as chemical processing, power plant emissions control, and hazardous waste treatment. Its products also have applications in flue-gas desulfurization, oil and gas, waste incineration, industrial heat treating, automotive, instrumentation, biopharmaceuticals, and solar and nuclear fuel industries. In addition, the company produces products as seamless and welded tubulars, as well as in slab, bar, billet, and wire forms. It sells its products primarily through direct sales organizations, and network of independent distributors and sales agents. Haynes International, Inc. was founded in 1912 and is headquartered in Kokomo, Indiana.