See more : AXIL Brands, Inc. (AXIL) Income Statement Analysis – Financial Results
Complete financial analysis of Hollysys Automation Technologies Ltd. (HOLI) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Hollysys Automation Technologies Ltd., a leading company in the Electrical Equipment & Parts industry within the Industrials sector.
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Hollysys Automation Technologies Ltd. (HOLI)
About Hollysys Automation Technologies Ltd.
Hollysys Automation Technologies Ltd. provides automation solutions in the People's Republic of China, Southeast Asia, India, and the Middle East. The company offers a suite of industrial automation systems, including hardware-centric products, such as instrumentation and actuators; proprietary software-centric distributed control systems/programmable logic controllers; and valued-added software packages comprising simulation training system, HolliAS asset management system, advanced process control, and manufacturing execution system, as well as HOLLiAS MACS-N DCS, a proprietary nuclear power non-safety automation and control system. It also provides train control center that monitors route condition, track status, train schedules, distance between trains, and the working status of other function devices, as well as generates control instructions and commands. In addition, the company offers automation train protection that operates as a train over-speed protection mechanism; and supervisory control and data acquisition system, an open software platform. Further, it offers research and development services; and offers integrated automation control system solutions, mechanical and electrical solutions, and installation services, as well as provides medicine and healthcare, industrial digitization, and industrial information security solutions. The company serves customers in the industrial, railway, subway, nuclear power, and mechanical and electronic industries. The company was formerly known as HLS Systems International Ltd. and changed its name to Hollysys Automation Technologies Ltd. in July 2009. Hollysys Automation Technologies Ltd. was founded in 1993 and is headquartered in Beijing, the People's Republic China.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 777.37M | 707.46M | 593.47M | 503.33M | 570.34M | 540.77M | 431.94M | 544.33M | 531.38M | 521.33M | 349.06M | 321.70M | 262.84M | 174.09M | 157.50M | 121.50M | 101.90M | 89.90M |
| Cost of Revenue | 521.89M | 468.11M | 375.19M | 312.76M | 359.18M | 334.89M | 291.47M | 338.60M | 316.98M | 345.71M | 225.39M | 195.36M | 171.71M | 113.94M | 102.92M | 84.87M | 66.10M | 58.00M |
| Gross Profit | 255.49M | 239.36M | 218.28M | 190.57M | 211.17M | 205.88M | 140.47M | 205.73M | 214.40M | 175.62M | 123.67M | 126.35M | 91.13M | 60.15M | 54.58M | 36.63M | 35.80M | 31.90M |
| Gross Profit Ratio | 32.87% | 33.83% | 36.78% | 37.86% | 37.02% | 38.07% | 32.52% | 37.79% | 40.35% | 33.69% | 35.43% | 39.27% | 34.67% | 34.55% | 34.65% | 30.15% | 35.13% | 35.48% |
| Research & Development | 70.20M | 69.58M | 55.95M | 41.88M | 37.03M | 36.61M | 30.11M | 36.56M | 35.78M | 36.49M | 32.51M | 25.55M | 20.13M | 13.07M | 8.83M | 1.86M | 2.60M | 100.00K |
| General & Administrative | 63.58M | 80.24M | 69.98M | 39.11M | 40.70M | 46.32M | 44.30M | 45.83M | 50.78M | 39.72M | 29.65M | 26.30M | 16.67M | 13.91M | 48.98M | 26.54M | 14.70M | 12.90M |
| Selling & Marketing | 57.24M | 45.30M | 35.20M | 30.64M | 28.93M | 27.16M | 24.41M | 25.64M | 26.26M | 28.26M | 26.79M | 27.64M | 20.45M | 12.15M | 10.02M | 9.68M | -13.63M | -12.47M |
| SG&A | 120.82M | 125.54M | 105.18M | 69.76M | 69.63M | 73.48M | 68.71M | 71.47M | 77.05M | 67.97M | 56.44M | 53.94M | 37.12M | 26.07M | 59.00M | 36.22M | 1.07M | 430.09K |
| Other Expenses | 3.37M | -30.31M | -30.10M | -26.26M | -30.74M | 4.35M | 1.72M | 4.06M | 2.60M | -6.45M | 879.43K | 0.00 | 0.00 | -11.53M | -5.94M | 47.12K | -2.58M | -76.23K |
| Operating Expenses | 162.47M | 164.81M | 131.03M | 85.37M | 75.92M | 85.64M | 68.99M | 85.14M | 82.44M | 78.52M | 65.97M | 79.49M | 57.25M | 27.60M | 61.89M | 38.13M | 1.10M | 453.86K |
| Cost & Expenses | 684.36M | 632.92M | 506.22M | 398.13M | 435.09M | 420.52M | 360.46M | 423.74M | 399.42M | 424.23M | 291.35M | 274.85M | 228.96M | 141.54M | 164.81M | 123.00M | 1.10M | 453.86K |
| Interest Income | 12.39M | 12.70M | 14.13M | 13.06M | 11.84M | 7.32M | 3.69M | 5.86M | 3.69M | 3.25M | 3.08M | 1.75M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 878.00K | 731.00K | 553.00K | 306.00K | 575.00K | 692.00K | 938.00K | 1.40M | 1.82M | 2.00M | 2.17M | 3.10M | 1.58M | 1.07M | 954.08K | 0.00 | 205.41K | 3.90M |
| Depreciation & Amortization | 10.29M | 28.72M | 35.91M | 9.17M | 40.80M | 9.29M | 6.82M | 7.36M | 13.16M | 12.71M | 9.23M | 7.59M | 4.47M | 2.68M | 2.24M | 1.82M | -1.03M | -425.86K |
| EBITDA | 102.97M | 103.27M | 123.16M | 109.32M | 138.55M | 129.26M | 80.86M | 120.58M | 148.50M | 103.92M | 67.32M | 65.44M | 44.69M | 35.23M | -7.31M | -238.09K | -1.10M | -453.86K |
| EBITDA Ratio | 15.72% | 14.60% | 20.75% | 26.87% | 28.83% | 25.82% | 20.21% | 26.77% | 27.95% | 19.93% | 20.39% | 10.27% | 14.59% | 20.24% | -1.99% | -5.79% | -1.08% | -0.50% |
| Operating Income | 93.01M | 74.54M | 87.25M | 126.07M | 123.63M | 120.24M | 60.27M | 120.58M | 130.11M | 97.10M | 57.70M | 65.16M | 44.69M | 32.55M | -7.31M | -1.50M | -1.10M | -453.86K |
| Operating Income Ratio | 11.97% | 10.54% | 14.70% | 25.05% | 21.68% | 22.24% | 13.95% | 22.15% | 24.49% | 18.63% | 16.53% | 20.26% | 17.00% | 18.70% | -4.64% | -1.23% | -1.08% | -0.50% |
| Total Other Income/Expenses | 25.45M | 25.08M | 22.65M | -7.70M | 20.10M | 9.40M | 23.09M | 17.16M | -6.73M | -6.86M | 2.92M | 1.49M | 3.22M | 2.67M | 1.71M | 3.75M | 828.66K | 347.87K |
| Income Before Tax | 118.46M | 99.63M | 109.89M | 97.50M | 143.72M | 129.64M | 83.36M | 137.74M | 125.23M | 91.54M | 60.62M | 66.93M | 47.91M | 35.22M | -5.60M | 2.25M | -270.30K | -105.99K |
| Income Before Tax Ratio | 15.24% | 14.08% | 18.52% | 19.37% | 25.20% | 23.97% | 19.30% | 25.31% | 23.57% | 17.56% | 17.37% | 20.80% | 18.23% | 20.23% | -3.56% | 1.85% | -0.27% | -0.12% |
| Income Tax Expense | 11.39M | 16.63M | 20.55M | 18.17M | 18.18M | 22.21M | 14.39M | 14.24M | 26.04M | 19.86M | 8.10M | 10.35M | 6.44M | 3.21M | 3.06M | 1.09M | 97.82K | -4.25K |
| Net Income | 106.93M | 83.18M | 89.71M | 79.40M | 125.26M | 107.16M | 68.94M | 118.47M | 96.53M | 69.85M | 51.99M | 56.22M | 41.47M | 30.16M | -13.85M | -1.68M | -368.12K | -101.74K |
| Net Income Ratio | 13.76% | 11.76% | 15.12% | 15.77% | 21.96% | 19.82% | 15.96% | 21.76% | 18.17% | 13.40% | 14.90% | 17.48% | 15.78% | 17.32% | -8.79% | -1.38% | -0.36% | -0.11% |
| EPS | 1.74 | 1.36 | 1.48 | 1.31 | 2.07 | 1.77 | 1.15 | 2.00 | 1.65 | 1.20 | 0.93 | 1.01 | 0.76 | 0.50 | -0.31 | -0.04 | -0.05 | -0.03 |
| EPS Diluted | 1.72 | 1.35 | 1.46 | 1.31 | 2.04 | 1.75 | 1.14 | 1.97 | 1.61 | 1.19 | 0.92 | 1.01 | 0.75 | 0.50 | -0.31 | -0.04 | -0.05 | -0.03 |
| Weighted Avg Shares Out | 61.52M | 61.01M | 60.57M | 60.48M | 60.46M | 60.43M | 60.19M | 59.17M | 58.61M | 57.93M | 56.17M | 55.66M | 54.56M | 51.24M | 44.95M | 37.66M | 7.00M | 4.02M |
| Weighted Avg Shares Out (Dil) | 62.03M | 61.57M | 61.51M | 60.61M | 61.27M | 61.25M | 61.01M | 60.61M | 60.13M | 58.43M | 56.41M | 55.83M | 54.95M | 51.84M | 44.95M | 37.66M | 7.00M | 4.02M |
HollySys Comments on BVI Court Decision Denying Claim of Mr. Baiqing Shao and Ace Lead Profits Limited
BEIJING, Sept. 24, 2021 /PRNewswire/ -- HollySys Automation Technologies Ltd.
HollySys Board of Directors Announces Update to Preliminary Non-Binding Offer
BEIJING, Aug. 24, 2021 /PRNewswire/ -- HollySys Automation Technologies Ltd. (NASDAQ: HOLI) ("HollySys" or the "Company"), a leading provider of automation and control technologies and applications in China, today announced that the Company's Board of Directors (the "Board") has received...
Why Hollysys Stock Is Soaring Today
The Chinese automation company has multiple suitors.
HOLI Stock Price Increases Over 18% Pre-Market: Why It Happened
The stock price of Hollysys Automation Technologies Ltd (NASDAQ: HOLI) increased by over 18% pre-market. This is why it happened.
Hollysys Board of Directors Evaluating Offers From Consortiums
BEIJING, Aug. 2, 2021 /PRNewswire/ -- HollySys Automation Technologies Ltd. (NASDAQ: HOLI) ("HollySys" or the "Company"), a leading provider of automation and control technologies and applications in China, today announced that the Company's Board of Directors (the "Board") is in...
Buyer Consortium Extends Deadline for HollySys Shareholders to Submit Consents to August 20, 2021
BEIJING--(BUSINESS WIRE)--The buyer consortium (the “Consortium”) consisting of Mr. Shao Baiqing, Ace Lead Profits Limited and CPE Funds Management Limited today announces the extension of the deadline by which shareholders of Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) (the “Company”) may...
Buyer Consortium Extends Deadline for HollySys Shareholders to Submit Consents to August 20, 2021
BEIJING--(BUSINESS WIRE)--The buyer consortium (the “Consortium”) consisting of Mr. Shao Baiqing, Ace Lead Profits Limited and CPE Funds Management Limited today announces the extension of the deadline by which shareholders of Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) (the “Company”) may...
买方团延长和利时股东提交同意的截止日期至2021年8月20日
北京--(BUSINESS WIRE)--(美国商业资讯)—2021年7月22日。由邵柏庆、Ace Lead Profits Limited及CPE Funds Management Limited组成的买方团（“买方团”）今日宣布延长截止日期，以供和利时自动化科技有限公司（纳斯达克证券代码：HOLI）（“公司”）的股东就买方团关于以每股17.10美元的现金价格、收购未由买方团持有的公司全部流通普通股的拟议收购所提议的股东决议提交同意。我们特此诚挚地请股东尽快但不晚于2021年8月20日当日或之前签署、列明日期并返还白色同意卡，或以其他方式提交股东同意。 延长提交同意的截止日期的主要原因是股东提出问询，希望知晓在英属维尔京群岛法院（“法院”）进行的诉讼结果，该诉讼有关公司董事会在2021年1月7日未经股东批准的情况下、草率通过的其组织大纲和章程修正案的合法性。由于法院尚未作出判决，买方团将提交同意的截止日期延长至2021年8月20日，如届时法院未就本诉讼作出判决，买方团可能会进一步延长该截止日期。 为进一步回应股东的问询，买方团就公司于2021年7月15日的新闻稿作出如下回应： “买方团知晓公司于2021年7月15日发布的新闻稿，该新闻稿的标题为‘和利时就买方团的收集同意予以澄清’（‘7月15日新闻稿’），我们认为标题充满误导性，也不同意7月15日新闻稿的内容。请您注意，目前法院仍在就7月15日新闻稿提到的诸多事项进行审查，买方团认为在诉讼未决期间公司发布7月15日新闻稿是毫不尊重法院的行为，对公司股东来说也是不负责和充满误导性的。因此，为向法院展示任何明智人士都应有的对法院的尊重，买方团特此决定，在法院作出判决之前，不就7月15日新闻稿作出进一步评论。在作出判决后，买方团会发布公告，就7月15日新闻稿等事项作出回应。” 如您通过银行或经纪商（即以“经纪商名义”或作为“实益拥有人”）持有股份，且尚未收到买方团的同意材料，请您尽快与您的银行或经纪商联系，并要求获取有关白色同意卡的指示。如股东就如何提交股东同意及相关事宜有任何问题，请立即通过邮件（邮箱地址为[email protected]）联系协助买方团征集同意的机构Innisfree M&A Incorporated，股东也可在周一至周五上午10点至下午 7点（美国东部时间）以及周六上午10点至下午2点（美国东部时间），通过+1 (877) 750-9501（美国和加拿大免费电话）或+1 (412) 232-3651（其他地区免费电话）与其联系。
Leading Independent Advisory Firms Glass Lewis and ISS Recommend Hollysys Shareholders “Consent” With Respect to Consortium's Proposed Resolutions
BEIJING--(BUSINESS WIRE)--The buyer consortium (the “Consortium”) consisting of Mr. Shao Baiqing, Ace Lead Profits Limited and CPE Funds Management Limited is pleased to announce that leading independent proxy advisory firms, Glass, Lewis & Co. (“Glass Lewis”) and Institutional Shareholder Services...
顶尖独立咨询机构Glass Lewis和ISS推荐和利时股东“同意”买方团提议的决议
北京--(BUSINESS WIRE)--(美国商业资讯)--由邵柏庆、Ace Lead Profits Limited及CPE Funds Management Limited组成的买方团（“买方团”）欣然宣布，顶尖独立代理权咨询机构Glass, Lewis & Co.（“Glass Lewis”）和Institutional Shareholder Services Inc.（“ISS”）均推荐和利时自动化科技有限公司（纳斯达克证券代码：HOLI）（“公司”或“和利时”）的股东就白色同意卡所载、买方团提议的股东决议表示同意。在详细审阅买方团提出的事宜和论证后（该等事宜和论证有关征求同意，以及公司对买方团以每股17.10美元的现金价格、收购未由买方团持有的公司全部流通普通股的拟议收购（“拟议收购”）缺乏回应），两家机构均作出推荐。您可在专门网站Hollysyspublicsolicitation.net 上参阅买方团提议的决议及其他相关信息（包括之前的新闻稿、致股东的信函）。 Glass Lewis在其日期为2021年7月13日的分析中指出：“整体看来，考虑到自买方团提交其修改后的提议已过了相当长的时间，而在此期间公司的运营状况和股价表现不尽人意，以及公司章程所载的阻碍潜在收购的现有手段且反映在迄今为止董事会已采取的防御措施，我们相信和利时股东通过支持买方团的征求同意、勒令董事会就交易开启对话、并可能最终实现就买方团目前的提议达成最终协议，从而获得最大化利益。” ISS也在其日期为2021年7月15日的报告中发表了类似言论：“尽管董事会在二月和三月保证会予以回应，但董事会仍未对买方团于2021年1月29日提交的每股17.10美元的、修改后的要约作出回应。因此，股东无从知晓公司是否有强有力的论据，以说明公司股份的价值远高于要约价格。由于公司未曾参与对话，同时考虑到公司将如何使用公司不断积累的现金余额存在根本性的不确定性，我们建议股东就这一要求提供同意，并期望这能促进以签订最终协议为目标的讨论。 “我们对Glass Lewis和ISS的支持表示热烈欢迎。它们的分析表明公司的董事会和管理层未与买方团开启对话或恰当评估拟议收购，因此未能以符合股东最大化利益的方式行事，”邵柏庆先生说道。“我们相信，除了拟议收购，事实上公司别无其他具有可行性的、能为股东创造价值的替代方案。以每股17.10美元的现金价格的拟议收购，将为各位股东提供快速实现所持股份流动性并获得极具吸引力的溢价，这也是股东最佳的选择。” 买方团敦促截至2021年6月24日公司的股东尽快但不晚于2021年7月22日前通过白色同意卡提交您的同意。如您通过银行或经纪商（即以“经纪商名义”或作为“实益拥有人”）持有股份，且尚未收到买方团的同意材料，请您尽快与您的银行或经纪商联系，并要求获取有关白色同意卡的指示。如股东就如何提交股东同意或相关事宜有任何问题，请立即通过邮件（邮箱地址为[email protected]）联系协助买方团征集同意的机构Innisfree M&A Incorporated，股东也可在周一至周五上午10点至下午 7点（美国东部时间）以及周六上午10点至下午2点（美国东部时间），通过+1 (877) 750-9501（美国和加拿大免费电话）或+1 (412) 232-3651（其他地区免费电话）与其联系。 最后，买方团敦促股东不要考虑公司于2021年7月16日发布的6-K表格中包含的诸多虚假和误导性陈述，买方团将于近期另行发布新闻稿专门予以回应。股东应通过白色同意卡立即提交股东同意，以保护股东的最大化利益。
Source: https://incomestatements.info
Category: Stock Reports