Hollysys Automation Technologies Ltd
NASDAQ:HOLI
Income Statement
Earnings Waterfall
Hollysys Automation Technologies Ltd
Revenue
|
786.2m
USD
|
Cost of Revenue
|
-545.2m
USD
|
Gross Profit
|
241m
USD
|
Operating Expenses
|
-164.3m
USD
|
Operating Income
|
76.6m
USD
|
Other Expenses
|
6.4m
USD
|
Net Income
|
83.1m
USD
|
Income Statement
Hollysys Automation Technologies Ltd
Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue |
638
N/A
|
684
+7%
|
708
+3%
|
724
+2%
|
753
+4%
|
765
+2%
|
777
+2%
|
807
+4%
|
786
-3%
|
|
Gross Profit | ||||||||||
Cost of Revenue |
(407)
|
(446)
|
(468)
|
(484)
|
(494)
|
(509)
|
(522)
|
(535)
|
(545)
|
|
Gross Profit |
232
N/A
|
238
+3%
|
239
+1%
|
240
+0%
|
259
+8%
|
256
-1%
|
255
0%
|
272
+6%
|
241
-11%
|
|
Operating Income | ||||||||||
Operating Expenses |
(160)
|
(167)
|
(165)
|
(164)
|
(159)
|
(161)
|
(162)
|
(162)
|
(164)
|
|
Selling, General & Administrative |
(96)
|
(100)
|
(95)
|
(93)
|
(87)
|
(91)
|
(92)
|
(90)
|
(85)
|
|
Research & Development |
(64)
|
(67)
|
(70)
|
(71)
|
(71)
|
(70)
|
(70)
|
(71)
|
(79)
|
|
Operating Income |
71
N/A
|
71
-1%
|
75
+5%
|
76
+1%
|
100
+32%
|
95
-5%
|
93
-2%
|
110
+18%
|
77
-30%
|
|
Pre-Tax Income | ||||||||||
Interest Income Expense |
20
|
21
|
16
|
21
|
14
|
14
|
22
|
17
|
16
|
|
Non-Reccuring Items |
0
|
(0)
|
(1)
|
0
|
0
|
(1)
|
0
|
0
|
(1)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
8
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
9
|
9
|
2
|
10
|
10
|
11
|
3
|
3
|
2
|
|
Pre-Tax Income |
100
N/A
|
101
+1%
|
100
-1%
|
107
+7%
|
124
+16%
|
119
-4%
|
118
-1%
|
130
+10%
|
94
-28%
|
|
Net Income | ||||||||||
Tax Provision |
(19)
|
(19)
|
(17)
|
(17)
|
(15)
|
(15)
|
(11)
|
(13)
|
(11)
|
|
Income from Continuing Operations |
82
|
82
|
83
|
90
|
109
|
105
|
107
|
117
|
83
|
|
Income to Minority Interest |
1
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
|
Net Income (Common) |
82
N/A
|
82
0%
|
83
+1%
|
90
+9%
|
108
+20%
|
104
-4%
|
107
+3%
|
117
+10%
|
83
-29%
|
|
EPS (Diluted) |
1.32
N/A
|
1.32
N/A
|
1.35
+2%
|
1.46
+8%
|
1.75
+20%
|
1.68
-4%
|
1.72
+2%
|
1.89
+10%
|
1.34
-29%
|