Hollysys Automation Technologies (Hollysys Automation Technologies) Total Assets : $1,766.5 Mil (As of Sep. 2023)

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What is Hollysys Automation Technologies Total Assets?

Hollysys Automation Technologies's Total Assets for the quarter that ended in Sep. 2023 was $1,766.5 Mil.

During the past 12 months, Hollysys Automation Technologies's average Total Assets Growth Rate was 10.70% per year. During the past 3 years, the average Total Assets Growth Rate was 11.70% per year. During the past 5 years, the average Total Assets Growth Rate was 5.70% per year. During the past 10 years, the average Total Assets Growth Rate was 4.20% per year.

During the past 13 years, Hollysys Automation Technologies's highest 3-Year average Total Assets Growth Rate was 863.50%. The lowest was -0.80%. And the median was 11.70%.

Total Assets is connected with ROA %. Hollysys Automation Technologies's annualized ROA % for the quarter that ended in Sep. 2023 was 7.33%. Total Assets is also linked to Revenue through Asset Turnover. Hollysys Automation Technologies's Asset Turnover for the quarter that ended in Sep. 2023 was 0.12.

Hollysys Automation Technologies Total Assets Historical Data

The historical data trend for Hollysys Automation Technologies's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Hollysys Automation Technologies Total Assets Chart

Hollysys Automation Technologies Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Assets

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1,309.42

1,360.84

1,594.25

1,671.77

1,684.85

Hollysys Automation Technologies Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Total Assets	Get a 7-Day Free Trial															1,623.97	1,709.98	1,723.92	1,684.85	1,766.49

Hollysys Automation Technologies Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Hollysys Automation Technologies's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (A: Jun. 2023 )	+	Total Liabilities (A: Jun. 2023 )
	=	1176.233	+	508.615
	=	1,684.8

Hollysys Automation Technologies's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	1200.727	+	565.761
	=	1,766.5

Hollysys Automation Technologies (NAS:HOLI) Total Assets Explanation

Total Assets is connected with ROA %.

Hollysys Automation Technologies's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	126.556	/	( (1684.848	+	1766.488)	/ 2 )
	=	126.556	/	1725.668
	=	7.33 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Hollysys Automation Technologies's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	199.9	/	( (1684.848	+	1766.488)	/ 2 )
=	199.9	/	1725.668
=	0.12

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Hollysys Automation Technologies Total Assets Related Terms

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Hollysys Automation Technologies (Hollysys Automation Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hollysys Automation Technologies Ltd (NAS:HOLI) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

46H:Germany

Address

No. 2 Disheng Middle Road, Beijing Economic-Technological Development Area, Beijing, CHN, 100176

Website

https://www.hollysys.com/index.php

Hollysys Automation Technologies Ltd is a China-based company that provides automation and control technologies and products. The company operates through three segments. Its IA segment supplies solutions including third-party hardware-centric products, proprietary software products, and others. The Rail segment supplies train control center and automation train protection to the rail and subway industries. The M&E segment consists of its two Southeast Asia-based subsidiaries that provide mechanical and electrical solutions. Hollysys Automation Technologies generates most of its sales from the Chinese domestic market.