Hollysys Automation Technologies Ltd. (HOLI) — Financial statements
Income statement, balance sheet, and cash flow for Hollysys Automation Technologies Ltd. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 777↑9.9% | 707↑19.2% | 593↑17.9% | 503↓11.7% | 570 | |
| Cost of Revenue | 522↑11.5% | 468↑24.8% | 375↑20.0% | 313↓12.9% | 359 | |
| Gross Profit | 255↑6.7% | 239↑9.7% | 218↑14.5% | 191↓9.8% | 211 | |
| Operating Expenses | ||||||
| R&D Expenses | 70↑0.9% | 70↑24.4% | 56↑33.6% | 42↑13.1% | 37 | |
| General & Administrative Expenses | 64↓20.8% | 80↑14.7% | 70↑78.9% | 39↓3.9% | 41 | |
| Selling & Marketing Expenses | 57↑26.4% | 45↑28.7% | 35↑14.9% | 31↑5.9% | 29 | |
| SG&A Expenses | 121↓3.8% | 126↑19.4% | 105↑50.8% | 70↑0.2% | 70 | |
| Other Expenses | 3↑111.1% | -30↓0.7% | -30↓14.6% | -26↑14.6% | -31 | |
| Operating Expenses | 162↓1.4% | 165↑25.8% | 131↑53.5% | 85↑12.5% | 76 | |
| Total Costs & Expenses | 684↑8.1% | 633↑25.0% | 506↑27.1% | 398↓8.5% | 435 | |
| Operating Results | ||||||
| Operating Income | 93↑24.8% | 75↓14.6% | 87↓30.8% | 126↑2.0% | 124 | |
| Depreciation & Amortization | 10↓64.2% | 29↓20.0% | 36↑291.8% | 9↓77.5% | 41 | |
| EBITDA | 130↑25.5% | 103↓16.2% | 123↑12.7% | 109↓21.1% | 139 | |
| EBIT | 119↑18.9% | 100↓9.1% | 110↓17.3% | 134↓7.4% | 144 | |
| Interest & Other Income | ||||||
| Net Interest Income | 12↓3.8% | 12↓11.9% | 14↑6.5% | 13↑13.2% | 11 | |
| Interest Income | 12↓2.4% | 13↓10.1% | 14↑8.2% | 13↑10.3% | 12 | |
| Interest Expense | 0.88↑20.1% | 0.73↑32.2% | 0.55↑80.7% | 0.31↓46.8% | 0.58 | |
| Non-Operating Income | -26↓2.0% | -26↓11.3% | -23↑18.2% | -28↓37.3% | -21 | |
| Other Income / Expenses | 25↑0.1% | 25↑9.8% | 23↑399.0% | -8↓138.3% | 20 | |
| Income Before Tax | 118↑18.5% | 100↓9.5% | 110↑13.1% | 97↓32.2% | 144 | |
| Income Tax Expense | 11↓31.5% | 17↓19.1% | 21↑13.1% | 18↓0.1% | 18 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 107↑28.6% | 83↓7.3% | 90↑13.0% | 79↓36.6% | 125 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 107↑28.6% | 83↓7.3% | 90↑13.0% | 79↓36.6% | 125 | |
| Bottom-Line Net Income | 107↑28.6% | 83↓7.3% | 90↑13.0% | 79↓36.6% | 125 | |
| EPS (Basic) | 1.74↑27.9% | 1.36↓8.1% | 1.48↑13.0% | 1.31↓36.7% | 2.07 | |
| EPS (Diluted) | 1.72↑27.4% | 1.35↓7.5% | 1.46↑11.5% | 1.31↓35.8% | 2.04 | |
| Weighted Average Shares | 62↑0.8% | 61↑0.7% | 61↑0.1% | 60↑0.0% | 60 | |
| Weighted Average Diluted Shares | 62↑0.8% | 62↑0.1% | 62↑1.5% | 61↓1.1% | 61 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.