Highway Holdings Limited (HIHO) — Tangible Net Worth Ratio
Highway Holdings Limited (HIHO) has a Tangible Net Worth Ratio of 100.0% as of December 2025. This metric is calculated by deducting intangible assets ($0.00) from net assets ($5.85 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See Highway Holdings Limited current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Highway Holdings Limited Tangible Net Worth Ratio (1997–2025)
This chart shows how Highway Holdings Limited's Tangible Net Worth Ratio has changed across 29 annual periods from 1997 to 2025. As of December 2025, the ratio stands at 100.0%, reflecting net assets of $5.85 Million with intangible assets of $0.00 USD. See operational self-sufficiency of Highway Holdings Limited to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Highway Holdings Limited (1997–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Highway Holdings Limited from 1997 to 2025, covering 29 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Highway Holdings Limited stock valuation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 100.0% | $6.27 Million | $0.00 | $9.55 Million | ▲ +0.0 pp |
| 2024 | 100.0% | $6.64 Million | $0.00 | $11.32 Million | ▲ +0.0 pp |
| 2023 | 100.0% | $8.22 Million | $0.00 | $13.88 Million | ▲ +0.0 pp |
| 2022 | 100.0% | $9.27 Million | $0.00 | $14.86 Million | ▲ +0.0 pp |
| 2021 | 100.0% | $9.77 Million | $0.00 | $15.49 Million | ▲ +0.0 pp |
| 2020 | 100.0% | $10.92 Million | $0.00 | $18.17 Million | ▲ +0.0 pp |
| 2019 | 100.0% | $10.14 Million | $0.00 | $15.25 Million | ▲ +0.7 pp |
| 2018 | 99.3% | $11.79 Million | $77.00K | $18.13 Million | ▲ +0.0 pp |
| 2017 | 99.3% | $11.31 Million | $77.00K | $17.55 Million | ▼ 0.0 pp |
| 2016 | 99.4% | $11.93 Million | $77.00K | $17.04 Million | ▼ 0.0 pp |
| 2015 | 99.4% | $12.23 Million | $77.00K | $16.99 Million | ▼ -0.6 pp |
| 2014 | 100.0% | $12.23 Million | $0.00 | $16.99 Million | ▲ +0.0 pp |
| 2013 | 100.0% | $12.07 Million | $0.00 | $15.35 Million | ▲ +0.0 pp |
| 2012 | 100.0% | $12.00 Million | $0.00 | $16.58 Million | ▲ +0.0 pp |
| 2011 | 100.0% | $12.56 Million | $0.00 | $19.40 Million | ▲ +0.0 pp |
| 2010 | 100.0% | $11.67 Million | $1.00K | $16.35 Million | ▲ +0.2 pp |
| 2009 | 99.8% | $11.45 Million | $24.00K | $17.81 Million | ▲ +0.3 pp |
| 2008 | 99.5% | $10.54 Million | $52.00K | $20.49 Million | ▲ +0.1 pp |
| 2007 | 99.4% | $12.17 Million | $70.00K | $22.41 Million | ▼ -0.6 pp |
| 2006 | 100.0% | $12.27 Million | $0.00 | $18.89 Million | ▲ +3.6 pp |
| 2005 | 96.4% | $13.06 Million | $468.00K | $20.10 Million | ▲ +1.7 pp |
| 2004 | 94.8% | $12.84 Million | $673.00K | $18.69 Million | ▲ +0.8 pp |
| 2003 | 93.9% | $11.91 Million | $725.00K | $16.49 Million | ▲ +0.8 pp |
| 2002 | 93.1% | $11.47 Million | $788.00K | $15.70 Million | ▼ -0.2 pp |
| 2001 | 93.3% | $11.70 Million | $785.00K | $15.64 Million | ▼ -0.2 pp |
| 2000 | 93.5% | $12.93 Million | $836.00K | $17.29 Million | ▲ +0.3 pp |
| 1999 | 93.2% | $13.30 Million | $900.00K | $16.90 Million | ▼ -6.8 pp |
| 1998 | 100.0% | $12.10 Million | $0.00 | $18.90 Million | ▲ +0.0 pp |
| 1997 | 100.0% | $10.90 Million | $0.00 | $15.30 Million | — |