Published on 1 Feb 2024 on Simply Wall St. via Yahoo Finance
Hollysys Automation Technologies' (NASDAQ:HOLI) stock is up by a considerable 25% over the past three months. However, we wonder if the company's inconsistent financials would have any adverse impact on the current share price momentum. Particularly, we will be paying attention to Hollysys Automation Technologies' ROE today.
Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. Simply put, it is used to assess the profitability of a company in relation to its equity capital.
See our latest analysis for Hollysys Automation Technologies