Hollysys Automation Technologies Ltd. (HOLI)
| Market Cap | 1.52B |
| Revenue (ttm) | 786.22M |
| Net Income (ttm) | 83.07M |
| Shares Out | 62.10M |
| EPS (ttm) | 1.34 |
| PE Ratio | 13.03 |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 8,954 |
| Open | 24.54 |
| Previous Close | 24.50 |
| Day's Range | 24.46 - 24.55 |
| 52-Week Range | 15.13 - 27.26 |
| Beta | 0.55 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | May 14, 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]
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 StatementsNews
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 ...
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...
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...
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...
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...
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...
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...
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)...
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/...
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...
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 ...
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...
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...
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...
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...
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...
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% ...
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...
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...
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...
Hollysys Provides Update on Sale Process; Responds to Shareholder Request for Special Meeting
- Board Special Committee receives several indications of interest from financial sponsors and strategic buyers - Board to confirm plans for special meeting, pending outcome of November 21 court hear...
Buyer Consortium Led by Recco Control Technology and Dazheng Group Responds to Hollysys' Update on 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...
Hollysys Provides Update on Ongoing Sale Process and Special Meeting Request; Discloses Offer from Management-Backed Buyer Group
- Proposal on behalf of management team offers U.S. $25 per share - - Sale process continues as Special Committee engages other parties- BEIJING , Oct. 24, 2023 /PRNewswire/ -- Hollysys Automation Tec...
Buyer Consortium Led by Recco Control Technology and Dazheng Group Issues Statement on Hollysys' Formal 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...
Hollysys Automation's stock rises toward 2-year high after engaging with Recco, Dazheng regarding $25 buyout bid
Shares of Hollysys Automation Technologies Ltd. HOLI, +3.39% rose 0.8% toward a two-year high in premarket trading Monday, after the China-based provider of automation control systems said it formed a...