Hollysys Automation Technologies Ltd's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Hollysys Automation Technologies Ltd (HOLI) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Hollysys Automation Technologies Ltd vs Its Competitors
- TTM: Trailing 12-month revenue of 777M vs 787,521M combined for tracked competitors (0.1% combined share).
- Trending: Latest-quarter revenue run-rate is accelerating (+275.4% annualized vs trailing 12 months), vs decelerating (-16.4%) for its tracked peer group.
- Growth: Hollysys Automation Technologies Ltd generated 10.3% revenue growth year over year in Q4 2023, vs 9.8% for its tracked competitors combined.
- Profitability: Its 14.7% net margin compares with 30.8% for the peer group.
- Peer revenue share: Hollysys Automation Technologies Ltd accounted for 0.4% of combined revenue among its tracked peer group, up from 0.4% a year earlier.
- Peer differentiation: Revenue per employee of $0.37M compares with $0.46M for the peer group (0.8x).
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
HOLI Sales vs. its Competitors, Q4 2023
Hollysys Automation Technologies Ltd reported revenue growth of 10.26 % year on year in Q4 2023, above its competitors' combined revenue growth of 9.75 %.
With a net margin of 14.68 %, Hollysys Automation Technologies Ltd reported lower profitability than its competitors (30.79 %).
Hollysys Automation Technologies Ltd generated 0.44 % of the combined sales of its peer group, up from 0.44 % a year earlier.
Hollysys Automation Technologies Ltd vs. its Competitors, Q4 2023
Revenue growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in Hollysys Automation Technologies Ltd reports; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Hollysys Automation Technologies Ltd and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Hollysys Automation Technologies Ltd | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| High-Confidence Competitors (2) | $12,345M | +12.3% · Accelerating |
| Similar Growth & Profitability (6) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Hollysys Automation Technologies Ltd's competitor groups requires a Commercial License.
For context: the Industrial Machinery and Components industry grew revenue 15.2% year over year, combined, vs 10.3% for Hollysys Automation Technologies Ltd. Hollysys Automation Technologies Ltd's share of combined industry revenue moved from 0.54% to 0.52%, a loss of 0.02 percentage points.
Hollysys Automation Technologies Ltd's Competitor Quality Breadth
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Hollysys Automation Technologies Ltd | Yes | Yes | Yes | No |
| Competitors combined (52) | ||||
| High-Confidence Competitors (2) | ||||
| Similar Growth & Profitability (8) | 100.00 % (8 of 8) | 100.00 % (8 of 8) | 87.50 % (7 of 8) | 37.50 % (3 of 8) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
HOLI Stock Performance relative to its Competitors
HOLI Stock Performance relative to High-Confidence Competitors
HOLI Stock Performance relative to Similar Growth & Profitability Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Ieh Corp | 282.9% | Outperformed |
| 2 | Sifco Industries Inc | 282.9% | Outperformed |
| 3 | Viavi Solutions Inc | 282.9% | Outperformed |
| 4 | Ecopetrol S a | 282.9% | Outperformed |
| 5 | Vishay Precision Group Inc | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Hollysys Automation Technologies Ltd's best-performing tracked competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Hollysys Automation Technologies Ltd's Comment on Competition and Industry Peers
In the PRC high-speed rail business, as the China Railway Corporation employs an administrative admission system and China has established its national rail technology standard, the China Train Control Standard (CTCS), we believe that competition from multi-national companies will decrease gradually. Currently, Hollysys is one of three entities that supply signaling products to China’s 200-250km/h segment of the high-speed rail market. The other two are China Rail Signal & Communication Corp. (CRSC) and China Academy of Railway Science. Hollysys is one of two signaling product providers to China’s 300-350km/h segment of the high-speed rail market. The other provider is CRSC. In the subway business and the SCADA market, we mainly compete with Nanjing Automation Research Institute (NARI). In nuclear automation segment, we mainly compete with multi-national corporations such as Siemens, Areva, and Invensys. The major competitors in the international rail and subway signaling markets are Bombardier and Alstom.
For the mechanical and electrical solutions business, the main competitors for Concord and Bond include Bintai Kinden Corporation Berhad, PJI Holding Berhad, and LFE Corporation Berhad, Kurihara, Sanyo, Bintai KDK and Gammon Construction.
Publicly Traded Peers of Hollysys Automation Technologies Ltd
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
| Hollysys Automation Technologies Ltd | 1,638.95 | 777.37 |
| General Electric Company | 297,351.24 | 52,575.00 |
| Amphenol Corporation | 191,033.66 | 29,010.70 |
| Abb Ltd | 153,262.03 | 32,235.00 |
| Parker hannifin Corporation | 112,801.02 | 21,499.00 |
| Emerson Electric Co | 90,668.15 | 18,637.00 |
| SUBTOTAL | 1,332,091.18 | 788,842.92 |
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Sources: Hollysys Automation Technologies Ltd's official press releases and company reports; CSIMarket.com's market research; and the company reports and press releases of the other companies cited.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Hollysys Automation Technologies Ltd versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Hollysys Automation Technologies Ltd's Competitors Named by the Company
Competitive relationships identified from Hollysys Automation Technologies Ltd reports and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Siemens | Company report | 85% |
| China Academy of Railway Science | Company report | 85% |
| Honeywell | Company report | 85% |
| Zhuzhou CRRC | Company report | 85% |
| Supcon | Company report | 85% |
| CRSC | Company report | 85% |
| ABB | Company report | 85% |
| Hitachi | Company report | 85% |
| Nanjing Automation Research Institute (NARI) | Company report | 85% |
| Yokogawa | Company report | 85% |
| Emerson | Company report | 85% |
| Alstom | Company report | 85% |
| PJI Holding Berhad | Company report | 85% |
| Bintai Kinden Corporation Berhad | Company report | 85% |
| Gammon Construction | Company report | 85% |
| LFE Corporation Berhad | Company report | 85% |
| Invensys | Company report | 85% |
| Sanyo | Company report | 85% |
| Bombardier | Company report | 85% |
| Bintai KDK | Company report | 85% |
| Kurihara | Company report | 85% |
| Areva | Company report | 85% |
| Rockwell Automation Inc | Company report | 85% |
| Abb Ltd | Company report | 85% |
Company report basis, confidence, active dates and source counts for Hollysys Automation Technologies Ltd's named competitors require a Commercial License.
Methodology: relationships are extracted from Hollysys Automation Technologies Ltd reports (named-competitor disclosures) and corroborating sources. Confidence reflects evidence strength.
Hollysys Automation Technologies Ltd's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Hollysys Automation Technologies Ltd | Industrial Automation 65.13 % |
| General Electric Company | Commercial Engines and Services, Reportable 73.25 % |
| Amphenol Corporation | Communications Solutions Segment 61.97 % |
| Abb Ltd | Electrification 44.59 % |
| Parker hannifin Corporation | Diversified Industrial 66.93 % |
| Emerson Electric Co | Safety and Productivity 11.33 % |
Source: operating segment revenue as reported in each company's reports (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
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Hollysys Automation Technologies Ltd's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Hollysys Automation Technologies Ltd | 1,639 | 370,178 | 50,987 |
| General Electric Company | 297,351 | 922,368 | 159,930 |
| Amphenol Corporation | 191,034 | 170,651 | 30,516 |
| Abb Ltd | 153,262 | 307,000 | 36,419 |
| Parker hannifin Corporation | 112,801 | 359,215 | 60,969 |
| Emerson Electric Co | 90,668 | 255,301 | 35,329 |
| PEERS TOTAL | 1,330,452 | 459,702 | 76,909 |
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Hollysys Automation Technologies Ltd's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent report. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Hollysys Automation Technologies Ltd | People S Republic of China 88.74 % |
| Amphenol Corporation | Other foreign locations 48.31 % |
| Abb Ltd | Europe 35.89 % |
| Parker hannifin Corporation | North America 67.21 % |
| Te Connectivity plc | Asia Pacific 36.91 % |
| Rockwell Automation Inc | North America 64.07 % |
Source: revenue geography as reported in each company's reports (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
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Hollysys Automation Technologies Ltd's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Industrial Machinery and Components industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (181 companies). See the full Industrial Machinery and Components industry profitability benchmarks.| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 32.87 % | 25.46 % (avg) | +7.4 pp |
| Operating Margin | 11.97 % | industry median | +5.0 pp |
| EBITDA Margin | 17.69 % | 1.68 % (avg) | +16.0 pp |
| Capital Intensity (Capex / Revenue) | 5.26 % | 6.61 % (avg) | -1.3 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Hollysys Automation Technologies Ltd's Valuation vs Competitive Position
Valuation multiples vs the Industrial Machinery and Components industry average (181 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns. See the full Industrial Machinery and Components industry valuation benchmarks.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | 9.5x | 34.2x | -24.7x |
| EV / EBITDA | 8.0x | 18.1x | -10.1x |
| P/B | 0.9x | 3.9x | -3.1x |
| Return on Equity | 9.11 % | industry aggregate | -12.22 % |
| Return on Invested Capital | 2.98 % | 1.41 % (avg) | 1.57 % |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Hollysys Automation Technologies Ltd's Strategic Group Map
Every company in Hollysys Automation Technologies Ltd's industry and named-competitor list, plotted by trailing 12-month revenue growth and operating margin. Hollysys Automation Technologies Ltd is shown in red; its closest peers by combined growth, margin and ROIC (the Similar Growth & Profitability group above) are labeled.
Source: CSIMarket API, trailing 12 months. Extreme outlier values (from near-zero-revenue companies) are excluded from the plotted cloud but never from the highlighted company or its labeled peers.
Hollysys Automation Technologies Ltd's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Barriers to Entry | Lower than typical for the industry | Capital intensity (capex / revenue) of 5.26 % vs industry average 6.61 % (see Profitability & Cost Structure above) |
| Supplier Power | Not covered on this page | See Hollysys Automation Technologies Ltd's dedicated suppliers page for concentration and dependency data |
| Buyer Power | Not covered on this page | See Hollysys Automation Technologies Ltd's dedicated customers page for concentration and dependency data |
| Threat of Substitutes | - | No systematic data source for cross-product substitution exists in this system; not estimated |
Note: this is a partial, data-grounded application of the framework, not a complete strategic assessment. Rivalry and barriers-to-entry readings are mechanical translations of the HHI and capital-intensity figures shown elsewhere on this page, not independent judgments.
Hollysys Automation Technologies Ltd's Industry Attractiveness & Competitive Strength
A CSIMarket composite, not a standard field: each axis is an equal-weighted average of three factors already shown elsewhere on this page (industry growth, industry profitability and rivalry for attractiveness; relative market share, profitability and growth vs industry for strength). Disclosed as a designed methodology, not a precision measurement.
Hollysys Automation Technologies Ltd falls in the Low attractiveness / High strength cell: Selective.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Hollysys Automation Technologies Ltd's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
- Latest-quarter revenue run-rate is accelerating (+275.4% annualized vs trailing 12 months).
Weaknesses
- Return on equity 12.2 points below the industry aggregate.
Opportunities
- Trades at a lower P/E than the industry average (9.5x vs 34.2x) despite a higher return on invested capital -- a possible re-rating opportunity.
Threats
- Tracked peer group's revenue run-rate is broadly decelerating (-16.4% annualized).
Methodology: mechanical, rule-based SWOT. Each bullet reuses a figure already sourced and cited elsewhere on this page; nothing here is generated narrative or independent analyst judgment.
Hollysys Automation Technologies Ltd's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Hollysys Automation Technologies Ltd | 1.35 | 3.03 | 0.62 |
| General Electric Company | - | 0.90 | 1.09 |
| Amphenol Corporation | 0.17 | 2.11 | 1.43 |
| Abb Ltd | 0.22 | 1.18 | 1.34 |
| Parker hannifin Corporation | 0.08 | 1.16 | 0.65 |
| Emerson Electric Co | 0.05 | 0.88 | 0.65 |
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Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Hollysys Automation Technologies Ltd's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Hollysys Automation Technologies Ltd | Q2 2023 | +9.9 % | +29.0 % |
| General Electric Company | Q3 2026 | +15.9 % | +6.2 % |
| Amphenol Corporation | Q2 2026 | +55.0 % | +62.1 % |
| Abb Ltd | Q4 2023 | +9.5 % | +47.4 % |
| Parker hannifin Corporation | Q2 2026 | +9.8 % | +18.2 % |
| Emerson Electric Co | Q2 2026 | +7.0 % | +22.5 % |
| PEERS TOTAL | +8.5 % | +49.5 % |
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Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Hollysys Automation Technologies Ltd's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Hollysys Automation Technologies Ltd | Q2 2023 | +12.3 % | +55.2 % |
| General Electric Company | Q3 2026 | +450.6 % | +9.4 % |
| Amphenol Corporation | Q2 2026 | +44.8 % | +19.7 % |
| Abb Ltd | Q4 2023 | +6.5 % | +1.0 % |
| Parker hannifin Corporation | Q2 2026 | +6.8 % | +32.2 % |
| Emerson Electric Co | Q2 2026 | +2.7 % | +9.7 % |
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Hollysys Automation Technologies Ltd's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Hollysys Automation Technologies Ltd | 6.35% | 5.50% | 9.11% |
| General Electric Company | 7.10% | 11.24% | 50.08% |
| Amphenol Corporation | 13.80% | 15.13% | 37.19% |
| Abb Ltd | 9.34% | 11.23% | 28.52% |
| Parker hannifin Corporation | 11.99% | 15.10% | 25.38% |
| Emerson Electric Co | 6.13% | 8.71% | 12.69% |
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ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Hollysys Automation Technologies Ltd's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Hollysys Automation Technologies Ltd | 15.36 | 2.11 |
| General Electric Company | 33.02 | 5.66 |
| Amphenol Corporation | 37.05 | 6.58 |
| Abb Ltd | 40.92 | 4.75 |
| Parker hannifin Corporation | 30.93 | 5.25 |
| Emerson Electric Co | 35.36 | 4.86 |
| PEERS AVERAGE | 10.10 | 1.69 |
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P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.