Return On Equity	(Jun 30 2023) 2023	(Jun 30 2022) 2022	(Jun 30 2021) 2021	(Jun 30 2020) 2020	(Jun 30 2019) 2019
Y / Y Equity Change	0.85 %	2.04 %	15.48 %	4.41 %	12.44 %
Y / Y Net Income Change	29.01 %	-7.1 %	12.62 %	-36.81 %	16.85 %
Return On Equity	9.11 %	7.12 %	7.82 %	8.02 %	13.25 %

HOLI all Ratios >> Back to HOLI Management Effectiveness >> See Quarterly HOLI Return On Equity

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Roe Comment

In (Jun 30 2023) ROE improved to 9.11 % compare to previous year, due to net income growth.

Financial Statements
Hollysys Automation Technologies Ltd 's Equity	$ 1,175 Millions	Annual HOLI's Balance sheet
Hollysys Automation Technologies Ltd 's Annual Income	$ 107 Millions	Annual HOLI's Income Statement
Where are HOLI's Income coming from?		Visit HOLI's Income by Segment

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