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Net Income (Loss) Per Share
12 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
NET INCOME (LOSS) PER SHARE
18.NET INCOME (LOSS) PER SHARE

 

The following table sets forth the computation of basic and diluted net income (loss) per share for years indicated:

 

   Year ended March 31, 
   2020   2021   2022 
   $   $   $ 
             
Net income (loss) attributable to Highway Holdings Limited’s shareholders, basic and diluted   686    (461)   443 
                
Shares:               
Weighted average common shares used in computing basic net income (loss) per share   3,909,976    4,006,400    4,033,346 
Dilutive stock option   
-
    
-
    

154,385

 
Weighted average common shares used in computing diluted net income (loss) per share   3,909,976    4,006,400    4,187,731 
                
Net income (loss) per share, basic   0.18    (0.12)   0.11 
                
Net income (loss) per share, diluted   0.18    (0.12)   0.11 

 

For the year ended March 31, 2020, stock options to purchase 385,000 shares of the Company’s stock were excluded from the EPS calculation, as their effects were anti-dilutive.

 

For the year ended March 31, 2021, stock options to purchase 365,000 shares of the Company’s stock were excluded from the EPS calculation, as their effects were anti-dilutive.