CSIMarket
 
Hollysys Automation Technologies Ltd   (NASDAQ: HOLI)
 

Hollysys Automation Technologies Ltd's Customers Performance

HOLI



 
HOLI's Source of Revenues In the Q4, Hollysys Automation Technologies Ltd 's corporate clients experienced a deterioration by -19.35 % in their costs of revenue, compared to a year ago, sequentially costs of revenue grew by 2.45 %. During the corresponding time, Hollysys Automation Technologies Ltd recorded a revenue increase by 10.26 % year on year, While revenue at the Hollysys Automation Technologies Ltd 's corporate clients fell by -19.81 % year on year, sequentially revenue grew by 9.9 %.

List of HOLI Customers




Customers of Hollysys Automation Technologies Ltd saw their costs of revenue deteriorate by -19.35 % in Q4 compare to a year ago, sequentially costs of revenue grew by 2.45 %, for the same period Hollysys Automation Technologies Ltd recorded revenue increase by 10.26 % year on year,

List of HOLI Customers

Hollysys Automation Technologies Ltd's Business Units




   
Customers Net Income grew in Q4 by Customers Net margin grew to
85.38 % 16.14 %
Customers Net Income grew in Q4 by 85.38 %


Customers Net margin grew to 16.14 %



Hollysys Automation Technologies Ltd's Customers, Q4 2023 Revenue Growth By Industry
Customers in Chemical Manufacturing Industry -30.54 %   
Customers in Miscellaneous Fabricated Products Industry      21.68 %
Customers in Aerospace & Defense Industry      14.28 %
Customers in Construction & Mining Machinery Industry      21.38 %
Customers in Construction Services Industry -26.7 %   
Customers in Miscellaneous Manufacturing Industry -5.03 %   
Customers in Industrial Machinery and Components Industry      11.23 %
Customers in Conglomerates Industry      2.16 %
Customers in Appliance & Tool Industry -5.98 %   
Customers in EV, Auto & Truck Manufacturers Industry      47.23 %
Customers in Auto & Truck Parts Industry      0.99 %
Customers in Recreational Products Industry -12.02 %   
Customers in Electric & Wiring Equipment Industry -12.41 %   
Customers in Agricultural Production Industry -71.92 %   
Customers in Oil And Gas Production Industry -43.23 %   
Customers in Oil & Gas Integrated Operations Industry -30.25 %   
Customers in Property & Casualty Insurance Industry      21.43 %
Customers in Real Estate Investment Trusts Industry      9.21 %
Customers in Healthcare Facilities Industry      9.57 %
Customers in Major Pharmaceutical Preparations Industry  
Customers in Professional Services Industry      6.74 %
Customers in Special Transportation Services Industry      7.46 %
Customers in Natural Gas Utilities Industry -30.98 %   
Customers in Water Supply Industry -0.09 %   
     
• Customers Valuation • Customers Mgmt. Effect.


Hollysys Automation Technologies Ltd's Comment on Sales, Marketing and Customers



We are a leading provider of automation and control technologies and products in China and increasingly in Southeast Asia, India and the Middle East that enable our diversified industry and utility customers to improve operating safety, reliability, and efficiency. Founded in 1993, we serve over approximately 6,000 customers in the industrial, railway, subway, nuclear power, and mechanical and electronic industries in China, Southeast Asia, India, Europe and the Middle East. Our proprietary technologies are applied through our industrial automation solution suite, including the DCS (Distributed Control System), PLC (Programmable Logic Controller), RMIS (Real-time Management Information System), HAMS (HolliAS Asset Management System), OTS (Operator Training System), HolliAS BATCH (Batch Application Package), HolliAS APC Suite (Advanced Process Control Package), SIS (Safety Instrumentation System), high-speed railway signaling system of TCC (Train Control Center), ATP (Automatic Train Protection), Subway Supervisory and Control platform, nuclear power non-safety automation and control system HolliAs-NMS DCS and other products.

We have a substantial reputation in the PRC domestic industrial automation industry for our comprehensive capabilities and have focused on the development of this market. We carry out integrated solution projects for, render automation services to, or sell our products to, national or multi-provincial companies with subsidiaries located throughout China. To date, we have served more than 6,000 industrial enterprise customers including state-owned enterprises, multinational corporations and local private companies and have undertaken over 20,000 projects. We believe that the quality of our systems is unsurpassed by local Chinese competitors and is comparable to high-end foreign suppliers of DCS and the history of our projects supports that view. For example, after three years of review and analysis, BASF, a large multi-national company, has designated us as a potential qualified DCS vendor for the company, a distinction shared with large multinationals such as ABB and Emerson.

We have also entered the PLC market, which is mainly used in discrete control applied to a wide array of industries. PLCs are usually integrated together into machines providing control at the machinery level. With more of our proprietary products introduced into the market and the behavioral change of customers’ purchasing practice, we gradually changed our market and sales positioning from a single DCS/PLC product provider, to a total solution provider encompassing third-party hardware-centric products such as instrumentation and actuators, our proprietary DCS/PLC products, and valued-added software packages such as AMS (Asset Management System), MES (Manufacturing Execution System), APC (Advanced Process Control), OTS Simulation (Operator Training System), and others. The safety system SIS (Safety Instrumentation System), certified under European safety standards and newly introduced to the market in July 2012 will further round out our proprietary product suite in the industrial automation segment.

We have branched out from the industrial automation domain into the subway and surface rail businesses, leveraging on our core competency and strong research and development capabilities, and have already established a leading position in the high-speed rail signaling market and subway SCADA (Supervisory Control and Data Acquisition) market. Besides, we have developed our proprietary high-speed rail signaling system and subway signaling system, and certified both according to European Safety Standard Certification Level 4.


Internationally, we have a strong presence through Concord and Bond in Southeast Asia and increasingly in the Middle East, India and Hong Kong SAR. Through these acquisitions, we are expanding and deepening our ability to offer mechanical and electrical solutions in design, engineering, procurement, project management, construction and commissioning, and maintenance to a wide range of industries, such as manufacturing, banks, hospitals, airports, power plants, commercial centers, hotels, and infrastructure works. We believe that our present leadership position in the high-growth segments is attributable to our vision, execution, and strong research and development capabilities.

During the past several years we have achieved a number of significant contract wins, including (i) contracts with MTR Corporation of Hong Kong SAR to provide a complete suite of high-speed rail signaling systems to Guangzhou-Shenzhen-Hong Kong Express Rail Hong Kong Section; (ii) a contract with SMRT Trains Ltd. in Singapore to provide design, electrification and installation for station renovations on North-South and East-West lines and a contract with Thales Solutions Asia Pte. Ltd. to provide design, installation, testing and commission for replacing the existing signaling systems for the North-South and East-West lines and install new signaling systems for the Tuas West Extension line in Singapore; (iii) a contract with Land Transport Authority in Singapore to provide the Integrated Supervisory Control System for the Thomson & Eastern Region Lines in Singapore. We believe that our international stature will be further enhanced by our obtaining international certifications such as the European Safety Standard Certification Level 4 for our proprietary high-speed rail signaling and subway signaling systems.






Hollysys Automation Technologies Ltd’s Comment on Sales, Marketing and Customers


We are a leading provider of automation and control technologies and products in China and increasingly in Southeast Asia, India and the Middle East that enable our diversified industry and utility customers to improve operating safety, reliability, and efficiency. Founded in 1993, we serve over approximately 6,000 customers in the industrial, railway, subway, nuclear power, and mechanical and electronic industries in China, Southeast Asia, India, Europe and the Middle East. Our proprietary technologies are applied through our industrial automation solution suite, including the DCS (Distributed Control System), PLC (Programmable Logic Controller), RMIS (Real-time Management Information System), HAMS (HolliAS Asset Management System), OTS (Operator Training System), HolliAS BATCH (Batch Application Package), HolliAS APC Suite (Advanced Process Control Package), SIS (Safety Instrumentation System), high-speed railway signaling system of TCC (Train Control Center), ATP (Automatic Train Protection), Subway Supervisory and Control platform, nuclear power non-safety automation and control system HolliAs-NMS DCS and other products.

We have a substantial reputation in the PRC domestic industrial automation industry for our comprehensive capabilities and have focused on the development of this market. We carry out integrated solution projects for, render automation services to, or sell our products to, national or multi-provincial companies with subsidiaries located throughout China. To date, we have served more than 6,000 industrial enterprise customers including state-owned enterprises, multinational corporations and local private companies and have undertaken over 20,000 projects. We believe that the quality of our systems is unsurpassed by local Chinese competitors and is comparable to high-end foreign suppliers of DCS and the history of our projects supports that view. For example, after three years of review and analysis, BASF, a large multi-national company, has designated us as a potential qualified DCS vendor for the company, a distinction shared with large multinationals such as ABB and Emerson.

We have also entered the PLC market, which is mainly used in discrete control applied to a wide array of industries. PLCs are usually integrated together into machines providing control at the machinery level. With more of our proprietary products introduced into the market and the behavioral change of customers’ purchasing practice, we gradually changed our market and sales positioning from a single DCS/PLC product provider, to a total solution provider encompassing third-party hardware-centric products such as instrumentation and actuators, our proprietary DCS/PLC products, and valued-added software packages such as AMS (Asset Management System), MES (Manufacturing Execution System), APC (Advanced Process Control), OTS Simulation (Operator Training System), and others. The safety system SIS (Safety Instrumentation System), certified under European safety standards and newly introduced to the market in July 2012 will further round out our proprietary product suite in the industrial automation segment.

We have branched out from the industrial automation domain into the subway and surface rail businesses, leveraging on our core competency and strong research and development capabilities, and have already established a leading position in the high-speed rail signaling market and subway SCADA (Supervisory Control and Data Acquisition) market. Besides, we have developed our proprietary high-speed rail signaling system and subway signaling system, and certified both according to European Safety Standard Certification Level 4.


Internationally, we have a strong presence through Concord and Bond in Southeast Asia and increasingly in the Middle East, India and Hong Kong SAR. Through these acquisitions, we are expanding and deepening our ability to offer mechanical and electrical solutions in design, engineering, procurement, project management, construction and commissioning, and maintenance to a wide range of industries, such as manufacturing, banks, hospitals, airports, power plants, commercial centers, hotels, and infrastructure works. We believe that our present leadership position in the high-growth segments is attributable to our vision, execution, and strong research and development capabilities.

During the past several years we have achieved a number of significant contract wins, including (i) contracts with MTR Corporation of Hong Kong SAR to provide a complete suite of high-speed rail signaling systems to Guangzhou-Shenzhen-Hong Kong Express Rail Hong Kong Section; (ii) a contract with SMRT Trains Ltd. in Singapore to provide design, electrification and installation for station renovations on North-South and East-West lines and a contract with Thales Solutions Asia Pte. Ltd. to provide design, installation, testing and commission for replacing the existing signaling systems for the North-South and East-West lines and install new signaling systems for the Tuas West Extension line in Singapore; (iii) a contract with Land Transport Authority in Singapore to provide the Integrated Supervisory Control System for the Thomson & Eastern Region Lines in Singapore. We believe that our international stature will be further enhanced by our obtaining international certifications such as the European Safety Standard Certification Level 4 for our proprietary high-speed rail signaling and subway signaling systems.










HOLI's vs. Customers, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)



COMPANY NAME MARKET CAP REVENUES INCOME EMPLOYEES
Hollysys Automation Technologies Ltd 1,638.95 729.49 107.07 2,100
Bp Plc 0.00 192,549.00 1,295.00 11,300
Allison Transmission Holdings Inc 10,743.18 3,650.00 543.00 4,000
Borgwarner Inc 13,710.70 14,334.00 419.00 37,500
Bwx Technologies Inc 13,901.38 3,376.38 345.52 10,400
Processa Pharmaceuticals Inc 5.64 0.00 -14.11 12
SUBTOTAL 9,097,072.90 4,499,539.09 375,988.96 2,998,852
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Sources: Hollysys Automation Technologies Ltd’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Hollysys Automation Technologies Ltd’s corporate clients.
For your research, we’ve provided 9 tables on Hollysys Automation Technologies Ltd corporate clients.
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