OverviewSuggest Edit

Hollysys Automation Technologies is a company providing automation and control solutions. It offers a suite of industrial automation solutions comprising third-party hardware-centric products, such as instrumentation and actuators; proprietary software-centric distributed control systems and programmable logic controllers; and valued-added software packages that include real-time management information system, HolliAS asset management system, operator training system, HolliAS batch application package, HolliAS advanced process control package, and safety instrumentation system, as well as HOLLiAS-NMS DCS, a proprietary nuclear power non-safety automation and control system. The company also provides a train control center solution that monitors route condition, track status, train schedules, the 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; supervisory control and data acquisition system, an open software platform; and a subway supervisory and control platform. Hollysys Automation Technologies serves industrial, railway, subway, nuclear power, and mechanical and electronic industries.

TypePublic
Founded1993
HQSingapore, SG
Websitehollysys.com.sg

Latest Updates

Employees (est.) (Jun 2019)3,301
Job Openings2
Revenue (FY, 2019)$570.3 M(+6%)
Share Price (Jan 2020)$17.2 (-1%)

Key People/Management at Hollysys Automation Technologies

Baiqing Shao

Baiqing Shao

Chairman & CEO
Steven Wang

Steven Wang

CFO
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Hollysys Automation Technologies Office Locations

Hollysys Automation Technologies has offices in Singapore, Hangzhou, Shenzhen and Xi'an
Singapore, SG (HQ)
200 Pandan Loop
Hangzhou, CN
Xiasha, Jianggan
Shenzhen, CN
Longhua
Xi'an, CN
Hi-tech Shangquan, Yanta
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Hollysys Automation Technologies Financials and Metrics

Hollysys Automation Technologies Revenue

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Hollysys Automation Technologies's revenue was reported to be $570.34 m in FY, 2019 which is a 5.5% increase from the previous period.
USD

Revenue (FY, 2019)

570.3m

Revenue growth (FY, 2018 - FY, 2019), %

5.5%

Gross profit (FY, 2019)

211.2m

Gross profit margin (FY, 2019), %

37%

Net income (FY, 2019)

125.5m

EBIT (FY, 2019)

123.6m

Market capitalization (21-Jan-2020)

1.1b

Closing stock price (21-Jan-2020)

17.2

Cash (30-Jun-2019)

332.5m

EV

745.5m
Hollysys Automation Technologies's current market capitalization is $1.1 b.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

431.9m540.8m570.3m

Revenue growth, %

25%5%

Cost of goods sold

291.5m334.9m359.2m

Gross profit

140.5m205.9m211.2m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

103.5m99.1m91.3m115.5m157.4m120.6m138.7m149.5m125.2m

Cost of goods sold

73.0m70.8m63.2m73.4m95.5m76.7m87.3m92.5m75.7m

Gross profit

30.5m28.3m28.1m42.1m61.9m43.9m51.5m57.0m49.4m

Gross profit Margin, %

29%29%31%36%39%36%37%38%39%
Annual
USDFY, 2017FY, 2018FY, 2019

Cash

197.6m265.7m332.5m

Accounts Receivable

246.6m275.2m282.6m

Prepaid Expenses

619.0k713.0k644.0k

Inventories

45.7m58.1m43.0m
Annual
USDFY, 2017FY, 2018FY, 2019

Net Income

69.0m107.4m125.5m

Depreciation and Amortization

9.6m9.3m8.5m

Inventories

(10.7m)(11.4m)(3.8m)

Accounts Payable

23.6m4.1m(14.0m)
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

21.7m31.6m47.3m21.4m57.7m79.6m27.9m72.1m100.1m

Depreciation and Amortization

1.5m3.2m5.0m3.0m4.6m5.5m2.3m4.1m6.4m

Inventories

(5.1m)(6.1m)(11.6m)(3.5m)(44.0k)(7.2m)16.8m3.6m(5.1m)

Accounts Payable

2.0m(2.6m)2.4m(5.9m)158.0k5.9m(1.7m)(7.9m)(9.8m)
USDY, 2019

EV/EBIT

6 x

EV/CFO

7.4 x

Revenue/Employee

172.8k

Financial Leverage

1.4 x
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Hollysys Automation Technologies Operating Metrics

Hollysys Automation Technologies's Backlog was reported to be $594.2m in FY, 2019.
FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Backlog

$556 m$568.50 m$527.20 m$524 m$569 m$594.20 m

Patent Applications

179 175 215 182 217 64

Patents Issued

51 142 171 141 158 126

Trademarks

4 4 8 2 2 44
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Hollysys Automation Technologies Acquisitions / Subsidiaries

Company NameDateDeal Size
Beijing Helitong Science & Technology Exploration Co., Ltd.
Beijing Hollysys Co., Ltd.
Beijing Hollysys Electronics Technology Co., Ltd.
Beijing Hollysys Industrial Software Company Ltd.
Bond Corporation Pte. Ltd.
Bond M&E (KL) Sdn. Bhd.
Bond M&E Pte. Ltd.
Bond M&E Sdn. Bhd.
Cixi HollySys Precision Technology Co., Ltd.
Clear Mind Limited
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Hollysys Automation Technologies Revenue Breakdown

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Hollysys Automation Technologies revenue breakdown by business segment: 22.4% from Mechanical and Electrical Solution, 36.6% from Rail Transportation and 41.0% from Industrial Automation

Hollysys Automation Technologies revenue breakdown by geographic segment: 76.9% from PRC and 23.1% from Non-PRC

Hollysys Automation Technologies Online and Social Media Presence

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Hollysys Automation Technologies News and Updates

Hollysys Automation Technologies Reports Unaudited Financial Results for the First Quarter Ended September 30, 2019

First Quarter of Fiscal Year 2020 Financial Highlights Non-GAAP net income attributable to Hollysys was $29.8 million, an increase of 6.1% compared to the comparable prior year period. Total revenues were $123.2 million, a decrease of 11.2% compared to the comparable prior year period....

Hollysys Automation Technologies to Announce Fiscal Year 2020 First Quarter Financial Results and Host Earnings Conference Call on November 13, 2019 US ET

BEIJING, Oct. 30, 2019 /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 it will report its financial results for fiscal year 2020...

Hollysys Automation Technologies to Host 2019 Investor Day

BEIJING, Sept. 27, 2019 /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 it will host its annual Investor Day on October 28, 2019 in...

Hollysys Automation Technologies to Announce Fiscal Year 2019 Third Quarter Financial Results and Host Earnings Conference Call on May 13, 2019 US ET

BEIJING, April 30, 2019 /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 it will report its financial results for fiscal year 2019...

Hollysys Automation Technologies Reports Unaudited Financial Results for the Second Quarter and the First Half Year Ended December 31, 2018

First Half Year of Fiscal Year 2019 Financial Highlights Non-GAAP net income attributable to Hollysys was $72.4 million, an increase of 24.3% compared to the comparable prior year period. Total revenues were $288.2 million, an increase of 5.6% compared to the comparable prior year period. ...

Hollysys Automation Technologies to Announce Fiscal Year 2019 Second Quarter Financial Results and Host Earnings Conference Call on February 17, 2019 US ET

BEIJING, Jan. 18, 2019 /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 it will report its financial results for fiscal year 2019...
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Hollysys Automation Technologies Blogs

HollySys Paving the Way for Excellence in Railway Transportation

HollySys Paving the Way for Excellence in Railway Transportation For the month of December 2019, HollySys has received two letters of commendation from Chengdu Rail Construction Management Co., Ltd. and China Railway Construction Kunlun Metro Investment Construction Management Co., Ltd. Both letters…

Opening of Haidilao Smart Restaurant at Marina Square, Singapore

Opening of Haidilao Smart Restaurant at Marina Square, Singapore (Photo: HollySys Asia Pacific) HollySys is proud to have our Automatic Hot Pot Machine deployed at the 12th outlet here as the popular Chinese hotpot chain pushes towards an intelligent kitchen management system. HollySys Automatic Hot…

Beijing Daxing International Airport Line TIAS System Project

The much-anticipated and long-awaited Beijing Daxing International Airport (PKX) officially launched its operations on 25th September 2019.  Costing approximately USD$17.47 billion, the mega airport is the largest integrated, comprehensive transportation hub in the world to date as it spans 700,000 …

HollySys hosts successful seminar-workshop

HollySys, on the 6th October 2019, hosted the “HollySys Total Solutions: Empowering Automation” seminar-workshop in Jakarta focusing on power plant automation. During the event, we showcased our base installation case studies in Indonesia. We likewise presented our specialization in power plant cont…

HollySys Traffic Integrated Automation System Wins Award

HollySys Traffic Integrated Automation System Wins Award On 17 September 2019, HollySys was presented a special award by the China International Industry Fair (CIIF) for our TRAFFIC INTEGRATED AUTOMATION SYSTEM (TIAS) for railway automation. The award was in recognition of the system’s advanced sign…

HollySys Wins Product of the Year Award

HollySys Wins Product of the Year Award On 18th of September 2019, HolliCube Digital Factory Operating System by HollySys was awarded Product of The Year in the annual Global Automation and Manufacturing Summit held in Shanghai. The summit brings together the world’s leading industrial automation...
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Hollysys Automation Technologies Frequently Asked Questions

  • When was Hollysys Automation Technologies founded?

    Hollysys Automation Technologies was founded in 1993.

  • Who are Hollysys Automation Technologies key executives?

    Hollysys Automation Technologies's key executives are Baiqing Shao and Steven Wang.

  • How many employees does Hollysys Automation Technologies have?

    Hollysys Automation Technologies has 3,301 employees.

  • What is Hollysys Automation Technologies revenue?

    Latest Hollysys Automation Technologies annual revenue is $570.3 m.

  • What is Hollysys Automation Technologies revenue per employee?

    Latest Hollysys Automation Technologies revenue per employee is $172.8 k.

  • Who are Hollysys Automation Technologies competitors?

    Competitors of Hollysys Automation Technologies include Software Motor, Paladon Systems and Mentor.

  • Where is Hollysys Automation Technologies headquarters?

    Hollysys Automation Technologies headquarters is located at 200 Pandan Loop, Singapore.

  • Where are Hollysys Automation Technologies offices?

    Hollysys Automation Technologies has offices in Singapore, Hangzhou, Shenzhen and Xi'an.

  • How many offices does Hollysys Automation Technologies have?

    Hollysys Automation Technologies has 8 offices.