| Mar'18 | Mar'17 | Mar'16 | Mar'15 | Mar'14 | Mar'13 | Mar'12 | Mar'11 | Mar'10 |
|---|---|---|---|---|---|---|---|---|
Net sales | ||||||||
19,166 | 19,603 | 22,935 | 22,373 | 22,936 | 21,933 | 25,370 | 31,147 | 21,739 |
Cost of sales | ||||||||
12,424 | 14,033 | 17,007 | 16,656 | 17,484 | 17,029 | 20,249 | 24,594 | 17,039 |
Gross profit | ||||||||
6,742 | 5,570 | 5,928 | 5,717 | 5,452 | 4,904 | 5,121 | 6,553 | 4,700 |
Selling, general and administrative expenses | ||||||||
4,804 | 4,809 | 4,412 | 4,446 | 4,659 | 4,549 | 4,891 | 4,827 | 4,369 |
Operating income | ||||||||
1,938 | 761 | 1,516 | 1,271 | 793 | 355 | 230 | 1,726 | 331 |
Non-operating income (expense): | ||||||||
Exchange (loss) gain, net | ||||||||
63 | -19 | -21 | -125 | -31 | -27 | 126 | -7 | 173 |
Interest expense | ||||||||
- | - | - | - | 1 | 9 | 24 | 57 | 47 |
Interest income | ||||||||
16 | 8 | 10 | 18 | 17 | 14 | 4 | 3 | 6 |
Other income | ||||||||
5 | 11 | 2 | 3 | 12 | 0 | 11 | 26 | 46 |
Gain on disposal of subsidiaries | ||||||||
- | - | - | - | - | - | - | 37 | 0 |
Gain on disposal of property, plant and equipment | ||||||||
50 | 0 | 0 | 110 | -23 | 78 | 23 | 23 | - |
Impairment loss on property, plant and equipment | ||||||||
- | - | - | - | - | - | - | - | 97 |
Impairment loss on investment in equity method investees | ||||||||
- | - | - | - | - | - | - | - | 2 |
Total non-operating (expense) income | ||||||||
134 | 0 | -9 | 6 | -26 | 56 | 140 | 25 | 79 |
Income before income taxes | ||||||||
2,072 | 761 | 1,507 | 1,277 | 767 | 411 | 370 | 1,751 | 410 |
Income taxes (note 3) | ||||||||
512 | 236 | 243 | 134 | 172 | -37 | 186 | 123 | 10 |
Net income | ||||||||
1,560 | 525 | 1,264 | 1,143 | 595 | 448 | 184 | 1,628 | 400 |
Net (profit) loss attributable to non-controlling interests | ||||||||
10 | -2 | 13 | -7 | -1 | 0 | 0 | -22 | 20 |
Net income attributable to Highway Holdings Limited's shareholders | ||||||||
1,550 | 527 | 1,251 | 1,150 | 596 | 448 | 184 | 1,650 | 420 |
Net income per share: | ||||||||
- basic (in dollars per share) | ||||||||
0.41 | 0.14 | 0.33 | 0.30 | 0.16 | 0.12 | 0.05 | 0.44 | 0.11 |
- diluted (in dollars per share) | ||||||||
0.41 | 0.14 | 0.33 | 0.30 | 0.16 | 0.12 | 0.05 | 0.44 | 0.11 |
Weighted average number of shares outstanding: | ||||||||
- basic (in shares) | ||||||||
3,801 | 3,801 | 3,801 | 3,786 | 3,778 | 3,778 | 3,777 | 3,765 | 3,754 |
- diluted (in shares) | ||||||||
3,801 | 3,801 | 3,801 | 3,794 | 3,788 | 3,781 | 3,788 | 3,776 | 3,757 |
Selling, general and administrative expenses | ||||||||
- | - | - | - | - | - | - | 75 | 39 |