Hollysys Historical Income Statement

HOLI Stock  USD 23.63  0.02  0.08%   
Historical analysis of Hollysys Automation income statement accounts such as Total Revenue of 938.7 M or Gross Profit of 153 M can show how well Hollysys Automation Technologies performed in making a profits. Evaluating Hollysys Automation income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Hollysys Automation's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Hollysys Automation latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Hollysys Automation is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hollysys Automation Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

About Hollysys Income Statement Analysis

Hollysys Automation Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Hollysys Automation shareholders. The income statement also shows Hollysys investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Hollysys Automation Income Statement Chart

Hollysys Automation Technologies Income Statement is one of the three primary financial statements used for reporting Hollysys's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Hollysys Automation revenue and expense. Hollysys Automation Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, Hollysys Automation's Research Development is increasing as compared to previous years. The Hollysys Automation's current Cost Of Revenue is estimated to increase to about 630.2 M, while Gross Profit is projected to decrease to under 153 M.

Total Revenue

Total revenue comprises all receipts Hollysys Automation generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Hollysys Automation Technologies minus its cost of goods sold. It is profit before Hollysys Automation operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

Operating Income is the amount of profit realized from Hollysys Automation operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Hollysys Automation Technologies is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from Hollysys Automation's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Hollysys Automation current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hollysys Automation Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
As of now, Hollysys Automation's Research Development is increasing as compared to previous years. The Hollysys Automation's current Cost Of Revenue is estimated to increase to about 630.2 M, while Gross Profit is projected to decrease to under 153 M.
 2021 2022 2023 2024 (projected)
Gross Profit239.4M255.5M293.8M153.0M
Total Revenue707.5M777.4M894.0M938.7M

Hollysys Automation income statement Correlations

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-0.30.90.640.150.970.910.340.370.13-0.370.270.950.710.280.30.980.310.390.55-0.710.680.770.81
-0.150.90.780.470.961.00.610.630.36-0.210.340.910.860.560.580.840.340.620.57-0.730.610.660.6
-0.130.640.780.760.720.750.880.890.6-0.020.480.590.60.790.820.560.170.650.66-0.590.610.630.41
0.020.150.470.760.290.410.930.890.810.370.380.140.360.930.940.05-0.10.690.41-0.230.350.26-0.17
-0.140.970.960.720.290.970.450.480.22-0.350.310.960.80.390.420.930.350.470.53-0.70.650.720.74
-0.160.911.00.750.410.970.560.580.29-0.250.310.930.870.510.530.860.360.580.56-0.750.590.650.63
-0.110.340.610.880.930.450.560.990.710.260.490.310.450.920.950.220.170.80.64-0.480.460.40.03
-0.150.370.630.890.890.480.580.990.60.210.480.360.480.890.920.270.250.840.69-0.560.510.440.06
0.030.130.360.60.810.220.290.710.60.180.460.040.140.720.750.0-0.290.270.260.020.090.19-0.09
0.18-0.37-0.21-0.020.37-0.35-0.250.260.210.18-0.11-0.42-0.180.30.26-0.45-0.150.31-0.20.160.0-0.44-0.29
-0.20.270.340.480.380.310.310.490.480.46-0.110.20.080.280.460.190.310.340.37-0.130.440.560.09
-0.130.950.910.590.140.960.930.310.360.04-0.420.20.750.240.250.950.420.440.44-0.680.620.70.74
0.010.710.860.60.360.80.870.450.480.14-0.180.080.750.450.460.670.30.520.39-0.680.350.390.48
-0.180.280.560.790.930.390.510.920.890.720.30.280.240.450.980.17-0.160.70.58-0.450.380.32-0.08
-0.190.30.580.820.940.420.530.950.920.750.260.460.250.460.980.19-0.080.720.6-0.440.420.4-0.07
-0.30.980.840.560.050.930.860.220.270.0-0.450.190.950.670.170.190.290.320.49-0.690.70.80.79
0.130.310.340.17-0.10.350.360.170.25-0.29-0.150.310.420.3-0.16-0.080.290.410.28-0.430.210.170.33
-0.260.390.620.650.690.470.580.80.840.270.310.340.440.520.70.720.320.410.56-0.570.570.420.09
-0.610.550.570.660.410.530.560.640.690.26-0.20.370.440.390.580.60.490.280.56-0.830.550.640.27
0.43-0.71-0.73-0.59-0.23-0.7-0.75-0.48-0.560.020.16-0.13-0.68-0.68-0.45-0.44-0.69-0.43-0.57-0.83-0.55-0.55-0.45
-0.370.680.610.610.350.650.590.460.510.090.00.440.620.350.380.420.70.210.570.55-0.550.850.46
-0.530.770.660.630.260.720.650.40.440.19-0.440.560.70.390.320.40.80.170.420.64-0.550.850.48
-0.120.810.60.41-0.170.740.630.030.06-0.09-0.290.090.740.48-0.08-0.070.790.330.090.27-0.450.460.48
Click cells to compare fundamentals

Hollysys Automation Account Relationship Matchups

Hollysys Automation income statement Accounts

201920202021202220232024 (projected)
Interest Expense306K553K731K878K790.2K1.1M
Selling General Administrative69.8M105.2M125.5M120.8M138.9M145.9M
Total Revenue503.3M593.5M707.5M777.4M894.0M938.7M
Gross Profit190.6M218.3M239.4M255.5M293.8M153.0M
Operating Income105.2M87.2M74.5M93.0M107.0M70.4M
Research Development41.9M56.0M69.6M70.2M80.7M84.8M
Cost Of Revenue312.8M375.2M468.1M521.9M600.2M630.2M
Income Before Tax97.5M109.9M99.6M118.5M136.2M78.7M
Net Income Applicable To Common Shares79.3M89.7M83.2M106.9M123.0M75.4M
Net Income79.4M89.7M83.2M106.9M123.0M65.0M
Income Tax Expense18.2M20.6M16.6M11.4M13.1M12.4M
Minority Interest70K371K189K(141K)(126.9K)(120.6K)
Depreciation And Amortization40.8M9.2M28.7M10.3M11.8M10.7M
Selling And Marketing Expenses28.9M30.6M45.3M57.2M65.8M69.1M
Other Operating Expenses398.1M30.1M632.9M684.4M787.0M826.4M
Ebit126.1M87.2M74.5M111.9M128.7M75.6M
Ebitda164.4M135.2M103.3M122.2M140.5M85.1M
Total Operating Expenses398.1M506.2M632.9M684.4M787.0M826.4M
Total Other Income Expense Net(20.5M)9.1M13.1M13.9M16.0M16.8M
Net Income From Continuing Ops79.3M89.3M83.0M107.1M123.1M105.0M
Tax Provision18.2M20.6M16.6M11.4M10.3M14.4M
Interest Income13.1M14.1M12.7M12.4M14.3M11.7M
Net Interest Income12.8M13.6M12.0M11.5M13.2M10.3M
Reconciled Depreciation9.2M10.7M12.0M10.3M11.8M10.9M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Hollysys Automation in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Hollysys Automation's short interest history, or implied volatility extrapolated from Hollysys Automation options trading.

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When determining whether Hollysys Automation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hollysys Automation's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hollysys Automation Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hollysys Automation Technologies Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hollysys Automation Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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Is Hollysys Automation's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hollysys Automation. If investors know Hollysys will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hollysys Automation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.71)
Earnings Share
1.34
Revenue Per Share
12.724
Quarterly Revenue Growth
(0.09)
Return On Assets
0.0269
The market value of Hollysys Automation is measured differently than its book value, which is the value of Hollysys that is recorded on the company's balance sheet. Investors also form their own opinion of Hollysys Automation's value that differs from its market value or its book value, called intrinsic value, which is Hollysys Automation's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hollysys Automation's market value can be influenced by many factors that don't directly affect Hollysys Automation's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hollysys Automation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hollysys Automation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hollysys Automation's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.