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Private company

Hollysys Automation Technologies, Ltd.

Hollysys Automation Technologies, Ltd. is an electrical industrial apparatus company.2 It is headquartered in Beijing, China.2

Last updated Oct 21, 2026.

Overview

$777.4MRevenue, fiscal 20233
$106.9MNet income, fiscal 20233
  • IndustryElectrical Industrial Apparatus2
  • HeadquartersBeijing, China2
  • Incorporated inVirgin Islands, British4
  • Business addressNo. 2 Disheng Middle Road,, Beijing Economic-Tech Dvlpmnt Area, Beijing, F4 1001764
  • Filer categoryLarge accelerated filer4
  • Legal formcompany limited by shares2
  • LEI2549008FKCB1PSUOZ5832
  • StatusActive2
  • LEI statusLapsed (not renewed)2
  • Registered addressc/o Maples Corporate Services (BVI) Limited, VG1110 Tortola, British Virgin Islands2
  • Registered withRegistry of Corporate Affairs (British Virgin Islands Financial Services Commission), 10092832

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2023

32.9%Gross margin3
12.0%Operating margin3
13.8%Net margin3
9.9%Revenue growth, 20233
9.1%Return on equity3
0.03×Debt to equity3
-$17.7MFree cash flow3

Where the money goes

Where each dollar of revenue went, fiscal 2023

  • Research and development9¢$70.2M
  • Other costs76¢$588.9M
  • Income tax1¢$11.4M
  • Profit14¢$106.9M

Out of $777.4M in revenue.3

Where each dollar of operating cash went, fiscal 2023

  • Capital spending100¢$40.9M

Out of $23.2M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.3

Financial statements

Revenue567893$777.4M in 2023+43% since 2016
0$200.0M$400.0M$600.0M$800.0M2016: $544.3M$544.3M20162017: $431.9M$431.9M2017−21%2018: $540.8M$540.8M2018+25%2019: $570.3M$570.3M2019+5%2020: $503.3M$503.3M2020−12%2021: $593.5M$593.5M2021+18%2022: $707.5M$707.5M2022+19%2023: $777.4M$777.4M2023+10%
Gross profit567893$255.5M in 2023+24% since 2016
0$100.0M$200.0M$300.0M2016: $205.7M$205.7M20162017: $140.5M$140.5M2017−32%2018: $205.9M$205.9M2018+47%2019: $211.2M$211.2M2019+3%2020: $190.6M$190.6M2020−10%2021: $218.3M$218.3M2021+15%2022: $239.4M$239.4M2022+10%2023: $255.5M$255.5M2023+7%
Operating income567893$93.0M in 2023−23% since 2016
0$50.0M$100.0M$150.0M2016: $120.6M$120.6M20162017: $60.3M$60.3M2017−50%2018: $120.2M$120.2M2018+100%2019: $123.6M$123.6M2019+3%2020: $69.4M$69.4M2020−44%2021: $87.2M$87.2M2021+26%2022: $74.5M$74.5M2022−15%2023: $93.0M$93.0M2023+25%
Net income567893$106.9M in 2023−10% since 2016
0$50.0M$100.0M$150.0M2016: $118.5M$118.5M20162017: $68.9M$68.9M2017−42%2018: $107.2M$107.2M2018+55%2019: $125.3M$125.3M2019+17%2020: $79.4M$79.4M2020−37%2021: $89.7M$89.7M2021+13%2022: $83.2M$83.2M2022−7%2023: $106.9M$106.9M2023+29%
Fiscal year20162017201820192020202120222023
Revenue$544.3M5$431.9M6$540.8M7$570.3M8$503.3M9$593.5M3$707.5M3$777.4M3
Cost of revenue$338.6M5$291.5M5$334.9M5
Gross profit$205.7M5$140.5M6$205.9M7$211.2M8$190.6M9$218.3M3$239.4M3$255.5M3
Research and development$36.6M5$30.1M6$36.6M7$37.0M8$41.9M9$56.0M3$69.6M3$70.2M3
Operating expenses$164.8M3$162.5M3
Operating income$120.6M5$60.3M6$120.2M7$123.6M8$69.4M9$87.2M3$74.5M3$93.0M3
Interest$211.0K5$178.0K6$376.0K7$110.0K8$37.0K9$09$09
Income before tax$99.6M3$118.5M3
Income tax$14.2M5$14.4M6$22.2M7$18.2M8$18.2M9$20.6M3$16.6M3$11.4M3
Net income$118.5M5$68.9M6$107.2M7$125.3M8$79.4M9$89.7M3$83.2M3$106.9M3
Earnings per share$2.005$1.156$1.777$2.078$1.319$1.483$1.363$1.743
Earnings per share (diluted)$1.975$1.146$1.757$2.058$1.319$1.463$1.353$1.723
Shares (weighted, basic)61.0M shares361.5M shares3
Shares (weighted, diluted)61.6M shares362.0M shares3

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Corporate structure

Hollysys Automation Technologies, Ltd. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Hollysys Automation Technologies, Ltd.

  • Hollysys Automation Technologies, Ltd. Beijing, China

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Hollysys Automation Technologies, Ltd. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$217.1M3 Jun 30, 2023$184.3M3 Jun 30, 2022+17.8%
Accumulated depreciation$82.5M3 Jun 30, 2023$86.0M3 Jun 30, 2022−4.1%
Property and equipment, net$134.6M3 Jun 30, 2023$98.2M3 Jun 30, 2022+37.0%
Operating-lease assets (leased space)$3.4M3 Jun 30, 2023$4.0M3 Jun 30, 2022−15.1%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$611.6M3 Jun 30, 2023$679.8M3 Jun 30, 2022−10.0%
Stakes in other companies (equity method)$47.6M3 Jun 30, 2023$46.6M3 Jun 30, 2022+2.2%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$18.9M3 Jun 30, 2023$20.5M3 Jun 30, 2022−7.8%
Intangible assets, net (excluding goodwill)$8.5M3 Jun 30, 2023$10.7M3 Jun 30, 2022−21.0%

Inventory

ItemLatestA year beforeChange
Inventory, total$111.6M3 Jun 30, 2023$91.2M3 Jun 30, 2022+22.3%
Raw materials$56.4M3 Jun 30, 2023$53.3M3 Jun 30, 2022+5.7%
Work in process$26.5M3 Jun 30, 2023$16.0M3 Jun 30, 2022+65.6%
Finished goods$28.7M3 Jun 30, 2023$21.9M3 Jun 30, 2022+31.1%

Former names

  • HLS SYSTEMS INTERNATIONAL LTDMar 30, 2006 to Sep 3, 20094

Filings

83 filings to the SEC since October 2021: 3 annual reports, 27 large holders, 53 other. The latest 20:

  1. Nov 12, 2024SC 13G/A 3Q24 AMENDMENT EDGAR
  2. Aug 22, 2024CT ORDER EDGAR
  3. Aug 16, 2024SC 13G/A EDGAR
  4. Aug 6, 202415-12G EDGAR
  5. Aug 2, 2024SC 13G EDGAR
  6. Jul 25, 2024S-8 POS EDGAR
  7. Jul 25, 2024S-8 POS EDGAR
  8. Jul 25, 20246-K EDGAR
  9. Jul 25, 2024SC 13D/A EDGAR
  10. Jul 19, 2024SC 13D/A EDGAR
  11. Jul 18, 20246-K EDGAR
  12. Jul 12, 2024SC 13D/A EDGAR
  13. Jul 2, 20246-K EDGAR
  14. Jul 1, 2024SC 13D/A EDGAR
  15. Jun 3, 20246-K EDGAR
  16. May 22, 20246-K EDGAR
  17. May 21, 2024144 EDGAR
  18. May 16, 20246-K EDGAR
  19. Apr 15, 20246-K EDGAR
  20. Mar 14, 2024144 EDGAR

The 83 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How Hollysys Automation Technologies, Ltd. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARHollysys Automation Technologies, Ltd.1
  • CIK0001357450
  • Filer statusLarge accelerated filer1
  • Incorporated inVirgin Islands, British1
  • Fiscal year endsJune 301
  • Industry code (SIC)3620 Electrical Industrial Apparatus1
  • SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance1
  • Business addressNo. 2 Disheng Middle Road,, Beijing Economic-Tech Dvlpmnt Area, Beijing, F4 1001761
  • Phone86 10 589810001
  • Shares outstanding62,021,930 as of Jun 30, 20233
  • On EDGAR sinceMar 30, 20061
  • Filings411 in all: 6-K (248), SC 13G/A (40), 20-F (16), SC 13G (16), SC 13D/A (14), UPLOAD (14), CORRESP (9), S-4/A (8)1
    All 31 form types

    144 (7), SC 13D (6), 20-F/A (5), 8-A12B (3), 8-A12B/A (2), 8-K (2), F-3ASR (2), S-4 (2), S-8 (2), S-8 POS (2), 15-12G (1), 25-NSE (1), 424B4 (1), 424B5 (1), 424B7 (1), 425 (1), 6-K/A (1), CERTNAS (1), CT ORDER (1), EFFECT (1), FWP (1), NT 20-F (1), RW (1)

  • Latest filingsAnnual report (20-F) Sep 20, 2023
    Latest 8-K (8-K) Sep 28, 2007

Sources

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