Hollysys Automation Technologies Ltd. (HOLI)

NASDAQ: HOLI · IEX Real-Time Price · USD
25.26
+0.25 (1.00%)
Jul 12, 2024, 2:31 PM EDT - Market open
1.00%
Market Cap 1.57B
Revenue (ttm) 792.05M
Net Income (ttm) 75.41M
Shares Out 62.20M
EPS (ttm) 1.21
PE Ratio 20.67
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 945,404
Open 25.10
Previous Close 25.01
Day's Range 25.05 - 25.51
52-Week Range 16.25 - 27.26
Beta 0.48
Analysts n/a
Price Target n/a
Earnings Date Aug 13, 2024

About HOLI

Hollysys Automation Technologies Ltd. provides automation control system 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 s... [Read more]

Sector Industrials
Founded 1993
Employees 5,042
Stock Exchange NASDAQ
Ticker Symbol HOLI
Full Company Profile

Financial Performance

In 2023, HOLI's revenue was $777.37 million, an increase of 9.88% compared to the previous year's $707.46 million. Earnings were $106.93 million, an increase of 28.55%.

Financial Statements

News

Hollysys Announces Completion of Regulatory Review of Merger Transaction

BEIJING , July 2, 2024 /PRNewswire/ -- Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company") today announced that it has been informed by Ascendent Capital Partners ("Asce...

10 days ago - PRNewsWire

Hollysys Announces Appointment of New Auditor

BEIJING , June 3, 2024 /PRNewswire/ -- Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company") today announced the appointment of Vocation HK CPA Limited ("Vocation") as its...

5 weeks ago - PRNewsWire

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7 weeks ago - Benzinga

Hollysys CEO Informs Company of Recent Share Sales

Expects to maintain majority of his holdings in the Company in anticipation of the going private transaction closing BEIJING , May 22, 2024 /PRNewswire/ -- Hollysys Automation Technologies Ltd. (NASDA...

7 weeks ago - PRNewsWire

Hollysys Automation Technologies Reports Unaudited Financial Results for the Third Quarter and the First Nine Months Ended March 31, 2024

First Nine Months of Fiscal Year 2024  Financial Highlights Total revenues were $597.1 million, an increase of 2.5% compared to the comparable prior year period. Gross margin was 31.0%, compared to 33...

2 months ago - PRNewsWire

Hollysys Automation Technologies Reports Unaudited Financial Results for the Second Quarter and the First Half Year Ended December 31, 2023

First Half of Fiscal Year 2024 Financial Highlights Total revenues were $423.6 million, an increase of 2.1% compared to the comparable prior year period. Gross margin was 31.9%, compared to 36.1% for ...

4 months ago - PRNewsWire

Hollysys Announces Shareholder Approval of Merger Agreement with Ascendent

BEIJING , Feb. 8, 2024 /PRNewswire/ -- Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company") today announced that, at an extraordinary general meeting of shareholders ("EG...

5 months ago - PRNewsWire

Dazheng Group Reaffirms Commitment to Acquire Hollysys at US$29.50 Per Share

HONG KONG--(BUSINESS WIRE)--Buyer Consortium (“the Consortium”) led by Dazheng Group Acquisition Limited (“Dazheng Group”) today issued the following statement reaffirming the merits of its offer to a...

5 months ago - Business Wire

Dazheng Group Reaffirms Commitment to Acquire Hollysys Automation Technologies at US$29.50 per share and Urges Shareholders to Vote Against the Lower Priced Ascendent Transaction

HONG KONG--(BUSINESS WIRE)--Buyer Consortium (“the Consortium”) led by Dazheng Group Acquisition Limited (“Dazheng Group”) today issued the following public letter to shareholders of Hollysys Automati...

5 months ago - Business Wire

Hollysys Reiterates Strong Support for Ascendent Deal; Provides Update on Engagement with Dazheng

- Special Committee concluded Dazheng proposal was not superior after rigorous negotiations - Dazheng was unable to provide sufficient assurances around equity financing and last-minute introduction o...

5 months ago - PRNewsWire

Hollysys Engages With Buyer Consortium Led by Dazheng Group Following Recommendations Against Ascendent Transaction from Leading Proxy Advisors

HONG KONG--(BUSINESS WIRE)--Buyer Consortium (“the Consortium”) led by Dazheng Group Acquisition Limited (“Dazheng Group”) today provided an update to Hollysys shareholders regarding recent negotiatio...

5 months ago - Business Wire

HOLLYSYS AUTOMATION INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Hollysys Automation Technologies Ltd. - HOLI

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Hollysys Automat...

6 months ago - Business Wire

Hollysys Announces Shareholder Meeting to Vote on Acquisition by Ascendent Capital Partners

-- Board recommends shareholders to vote "FOR" merger agreement for acquisition by Ascendent at $26.50/share BEIJING , Jan. 5, 2024 /PRNewswire/ -- Hollysys Automation Technologies Ltd. (NASDAQ: HOLI)...

6 months ago - PRNewsWire

Hollysys Announces End of "Go-Shop" Period under Merger Agreement with Ascendent Capital Partners

Company receives additional offers during "go-shop" period None of the offers received constitutes or would reasonably be expected to result in a Superior Proposal BEIJING , Dec. 27, 2023 /PRNewswire/...

7 months ago - PRNewsWire

Dazheng Group consortium announces bid to buy Hollysys Automation for $1.8 billion

Dec 24 (Reuters) - A consortium led by China's Dazheng Group Acquisition has announced a bid to acquire automation and control technology provider Hollysys Automation Technologies (HOLI.F) in an all-c...

7 months ago - Reuters

Buyer Consortium Led by Dazheng Group Announces Enhanced All-Cash Proposal of US$29.00 Per Share to Acquire Hollysys

HONG KONG--(BUSINESS WIRE)--Buyer Consortium (“the Consortium”) led by Dazheng Group Acquisition Limited (“Dazheng Group”) today announces it has submitted an increased all-cash offer of US$29.00 per ...

7 months ago - Business Wire

HOLI Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Hollysys Automation Technologies Ltd. Is Fair to Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) to Ascendent Capital Partners for $2...

7 months ago - Business Wire

Hollysys Automation Technologies rallies on $1.66B take-private deal

Hollysys Automation Technologies Ltd.'s stock HOLI, +8.02% was up by 10% in premarket trading on Monday after it agreed to be taken private by Ascendent Capital Partners in a deal that values the comp...

7 months ago - Market Watch

Hollysys to be Acquired by Ascendent Capital Partners for US$26.50 in Cash Per Share

Hollysys Board has unanimously approved Ascendent's all cash offer at 42% premium to the unaffected price as of 23 August 2023 Agreement marks culmination of formal sale process conducted by Special C...

7 months ago - PRNewsWire

Buyer Consortium Led by Recco Control Technology and Dazheng Group Issues Statement on Hollysys' Announced Special Meeting

SINGAPORE & HONG KONG--(BUSINESS WIRE)--Buyer consortium (“the consortium”) led by Recco Control Technology Pte. Ltd. (“Recco Control Technology”) and Dazheng Group (Hong Kong) Investment Holdings Com...

8 months ago - Business Wire

Hollysys Update: EGM, Sale Process

- Hollysys intends to hold special meeting of shareholders in January 2024 - Special Committee continues sale process in expedited manner BEIJING , Nov. 22, 2023 /PRNewswire/ -- Hollysys Automation Te...

8 months ago - PRNewsWire

Hollysys Automation Technologies Reports Unaudited Financial Results for the First Quarter Ended September 30, 2023

First Quarter of Fiscal Year 2024 Financial Highlights Total revenues were $199.9 million, an increase of 17.6% compared to the comparable prior year period. Gross margin was 34.6%, compared to 31.1% ...

8 months ago - PRNewsWire

Buyer Consortium Led by Recco Control Technology and Dazheng Group Urges the Directors of Hollysys to Convene the Special Meeting of Shareholders and the Special Committee to Move Forward with a Transparent and Genuine Sale Process

SINGAPORE & HONG KONG--(BUSINESS WIRE)--Buyer consortium (“the consortium”) led by Recco Control Technology Pte. Ltd. (“Recco Control Technology”) and Dazheng Group (Hong Kong) Investment Holdings Com...

8 months ago - Business Wire

Buyer Consortium Led by Recco Control Technology and Dazheng Group Increases Its Offer to Acquire Hollysys to US$26.50 Per Share

SINGAPORE & HONG KONG--(BUSINESS WIRE)--Buyer consortium (“the consortium”) led by Recco Control Technology Pte. Ltd. (“Recco Control Technology”) and Dazheng Group (Hong Kong) Investment Holdings Com...

8 months ago - Business Wire

Buyer Consortium Led by Recco Control Technology and Dazheng Group Responds to Hollysys' Misleading and Alarming Statements Seeking to Disenfranchise Shareholders

SINGAPORE & HONG KONG--(BUSINESS WIRE)--Buyer consortium (“the consortium”) led by Recco Control Technology Pte. Ltd. (“Recco Control Technology”) and Dazheng Group (Hong Kong) Investment Holdings Com...

9 months ago - Business Wire