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On November 4, 1981, Hollysys Automation Technologies, Ltd. (HOLI) was founded. It has a market capitalization of $2.38 billion, making it a small-cap information technology business. It belongs to the electrical equipment and components industry of consumer cyclical. The business has its corporate headquarters in Beijing, China, and it is traded on the NASDAQ. Dr. Wang Chang Li, a business executive, serves as the current CEO of Hollysys Automation Technologies.
Hollysys Automation Technologies is a leading provider of automation and control system solutions, focusing on industries like rail transportation, electric, and mechanical, for improving operational effectiveness and efficiency. Their solutions monitor and manage industrial activities and include integrated solutions, subsystems, and components. Hollysys provides products used in heavy rail transportation, urban rail transportation, and non-rail transportation, such as power generation, oil and gas, and chemicals. Their product range includes auto train protection device, zone standard ATC, train control and monitoring system, and others. Hollysys commitment to research and development (R&D) has helped the company secure vital contracts and certificates for its products. Hollysys Automation Technologies, Inc. (HIT), a subsidiary of Hollysys Automation Technologies, offers a wide range of products, including signaling systems for railways, traffic control systems, programmable logic controllers, Hollysys Automation Technologies, a provider of industrial automation products and technologies, reported its unaudited financial results for the fiscal year 2022's fourth quarter and full fiscal year.
As of May 12, 2023, Hollysys Automation Technologies (HOLI) stock price has been ranges from $13.01 to $15.70, with a Trailing 12-months (EPS) of $0.38. It finished the last trade at $14.39 after previously closing at $14.31. It had an average volume of 40,803 shares. HOLI stock price is 36.8 percent lower YTD. The 52-week range is $10.31 to $18.39. The all-time high is $35.99. It has moved 25.30% over the past month and 18.06% over the last quarter. Long-term shareholder return is -18%.
Hollysys Automation Technologies has been one of the more notable players in China's industrial automation and control industry, with an emphasis on rail transportation, electric power, and mechanical and aerospace applications. The firm's advanced automation systems have contributed to China's aerospace and high-speed rail development. Hollysys Automation Technologies has increased its revenue from RMB 270.47 million in 2004 to RMB 2,022.33 million in 2013—a performance unmatched by any other China-based industrial automation and control business. The company's compound annual growth rate for revenue during the period was 38.79%. Hollysys Automation Technologies saw an increase in revenue during the first six months of 2014, totaling RMB 1,284.03 million, compared to RMB 1,092.97 million for the same period in 2013. The business has made significant investments in research and development and operates several research and development facilities. With a PE ratio of 26.28, Hollysys Automation Technologies (HOLI) is rated a Hold by analysts. Hollysys Automation Technologies saw a year-over-year decline in revenue of 30.2% during the most recent quarter, which missed the estimated -21.7% decline. Wall Street predicts that Hollysys Automation Technologies will announce earnings of $0.17 per share for the upcoming earnings release.
Overall, Hollysys Automation Technologies (HOLI) is a renowned provider of automation and control system solutions, focusing on sectors that seek to enhance operational effectiveness and efficiency. Hollysys Automation Technologies (HOLI) is rated a Hold by analysts and sees a year-over-year decline in revenue of 30.2% during the most recent quarter. Hollysys Automation Technologies saw an increase in revenue during the first six months of 2014, totaling RMB 1,284.03 million.