A Business at a Glance
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Recon Technology, Ltd
RCON
$5M
Mkt Cap
$0.47
+12.12%
Recon Technology, Ltd (RCON) has a 5-year average return on invested capital (ROIC) of -3.4%. This is below average and may indicate limited pricing power.
Recon Technology, Ltd (RCON) has a market capitalization of $190K. It is classified as a small-cap stock.
Recon Technology, Ltd (RCON) does not currently pay a regular dividend.
Recon Technology, Ltd (RCON) operates in the Oil & Gas Field Services, Nec industry, within the Energy sector.
Recon Technology, Ltd (RCON) reported annual revenue of $9 million in its most recent fiscal year, based on SEC EDGAR filings.
Recon Technology, Ltd (RCON) has a net profit margin of -64.3%. The company is currently unprofitable.
Recon Technology, Ltd (RCON) generated $-5 million in free cash flow in its most recent fiscal year. Negative free cash flow may indicate heavy investment or operational challenges.
ITEM 4.INFORMATION ON THE COMPANY A. History and Development of the Company Recon Technology, Ltd (the “Company”) was incorporated under the laws of the Cayman Islands on August 21, 2007 by Mr. Yin Shenping, Mr. Chen Guangqiang and Mr. Li Hongqi (the “Founders”) as a company with limited liability. We provide oilfield specialized equipment, automation systems, tools, chemicals and field services to petroleum companies mainly in the PRC. The Company’s wholly owned subsidiary, Recon Technology Co., Limited (“Recon-HK”) was incorporated on September 6, 2007 in Hong Kong. On November 15, 2007, Recon-HK established one wholly owned subsidiary, Jining Recon Technology Ltd. (“Recon-JN”) under the laws of the PRC, and later dissolved on April 10, 2019 as part of our previously disclosed organizational restructuring. Recon-HK did not own any assets or conduct any operations and was dissolved on May 15, 2020.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 12M | 9.3M | 9.6M | 9.5M | 12M | 1.2M |
| Net Income | -23M | -5.9M | -6.9M | -8.4M | 14M | -549K |
| EPS | $-69.68 | $-0.56 | $-1.18 | $-3.32 | $7.05 | $-0.67 |
| Free Cash Flow | 1.2M | -4.9M | -6.1M | -7.4M | -4.0M | -831K |
| ROIC | -1605.5% | -8.9% | -9.7% | -13.2% | 22.4% | -7.7% |
| Gross Margin | 5.6% | 23.0% | 30.3% | 28.1% | 23.2% | 15.1% |
| Debt/Equity | 0.33 | 0.04 | 0.04 | 0.04 | 0.03 | 0.05 |
| Dividends/Share | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Operating Income | -22M | -8.0M | -10.0M | -9.8M | -12M | -1.5M |
| Operating Margin | -186.6% | -86.5% | -104.0% | -103.3% | -98.3% | -128.5% |
| ROE | -2675.0% | -8.8% | -9.9% | -13.2% | 22.7% | -11.5% |
| Shares Outstanding | 0M | 11M | 12M | 9M | 2M | 2M |
| Metric | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | 2.5M | 1.3M | 967K | 1.3M | 1.9M | 2.2M | 1.3M | 1.2M | 12M | 9.5M | 9.6M | 9.3M | 12M |
| Gross Margin | 34.7% | 19.6% | 17.0% | 26.6% | 4.9% | 29.2% | 29.8% | 15.1% | 23.2% | 28.1% | 30.3% | 23.0% | 5.6% |
| R&D | 213K | 109K | 155K | 166K | 73K | 66K | 144K | 140K | 1.3M | 1.2M | 2.0M | 2.3M | 2.3M |
| SG&A | 427K | 788K | 457K | 717K | 791K | 872K | 536K | 1.1M | 12M | 11M | 8.9M | 6.9M | 6.9M |
| EBIT | 75K | -929K | -903K | -670K | -933K | -512K | -414K | -1.5M | -12M | -9.8M | -10.0M | -8.0M | -22M |
| Op. Margin | 3.0% | -68.9% | -93.4% | -51.0% | -48.3% | -23.7% | -30.7% | -128.5% | -98.3% | -103.3% | -104.0% | -86.5% | -186.6% |
| Net Income | 21K | -822K | -925K | -688K | -1.0M | -535K | -395K | -549K | 14M | -8.4M | -6.9M | -5.9M | -23M |
| Net Margin | 0.9% | -61.1% | -95.7% | -52.4% | -52.0% | -24.8% | -29.3% | -47.6% | 114.1% | -88.2% | -72.4% | -64.3% | -188.8% |
| Non-Recurring | 36K | 53K | 144K | 68K | 108K | 72K | 89K | 158K | 163K | 284K | 167K | 181K | 181K |
| Returns on Capital | |||||||||||||
| ROIC | N/A | N/A | N/A | N/A | N/A | N/A | -17.5% | -7.7% | 22.4% | -13.2% | -9.7% | -8.9% | N/M |
| ROE | N/A | N/A | N/A | N/A | N/A | N/A | -17.5% | -11.5% | 22.7% | -13.2% | -9.9% | -8.8% | -2675.0% |
| ROA | N/A | N/A | N/A | N/A | N/A | N/A | -9.9% | -6.1% | 19.5% | -11.1% | -9.0% | -7.9% | -1326.5% |
| Cash Flow | |||||||||||||
| Op. Cash Flow | -210K | -395K | -6K | 124K | -481K | -680K | -107K | -818K | -3.9M | -7.3M | -6.1M | -4.7M | 907K |
| Free Cash Flow | -222K | -449K | -11K | 110K | -515K | -717K | -109K | -831K | -4.0M | -7.4M | -6.1M | -4.9M | 1.2M |
| Owner Earnings | -319K | -527K | -196K | 5K | -594K | -994K | -435K | -1.2M | -4.6M | -7.8M | -6.5M | -5.2M | 468K |
| CapEx | 13K | 54K | 4K | 14K | 34K | 37K | 2K | 13K | 103K | 133K | 39K | 141K | 313K |
| Maint. CapEx | 45K | 50K | 61K | 74K | 94K | 110K | 135K | 220K | 495K | 521K | 396K | 439K | 439K |
| Growth CapEx | 0 | 4K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| D&A | 45K | 50K | 61K | 74K | 94K | 110K | 135K | 220K | 495K | 521K | 396K | 439K | 439K |
| CapEx/OCF | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 34.4% |
| Capital Allocation | |||||||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividend Yield | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Buyback Yield | N/A | N/A | N/A | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Stock-Based Comp | 64K | 82K | 129K | 45K | 19K | 204K | 193K | 207K | 198K | N/A | N/A | N/A | N/A |
| Debt Repayment | 0 | 0 | 0 | 29K | 112K | 0 | 0 | 20K | 132K | 212K | 0 | 0 | 0 |
| Balance Sheet | |||||||||||||
| Net Debt | N/A | N/A | -29K | N/A | -1.0M | N/A | -486K | -7.9M | -45M | -38M | -25M | -12M | 253K |
| Cash & Equiv. | 477K | 323K | 41K | 83K | 1.0M | 95K | 681K | 8.3M | 47M | 15M | 15M | 14M | 25K |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 20K | 817K | N/A | 1.4M | 1.4M | 1.4M |
| Debt/Equity | N/A | N/A | N/A | N/A | N/A | N/A | 0.09 | 0.05 | 0.03 | 0.04 | 0.04 | 0.04 | 0.33 |
| Interest Coverage | 3.0 | -32.0 | -44.2 | -55.8 | -45.6 | -15.3 | -13.9 | -27.9 | -54.1 | -27.6 | -66.9 | -51.6 | -51.6 |
| Equity | N/A | N/A | N/A | N/A | N/A | N/A | 2.3M | 7.1M | 62M | 63M | 70M | 65M | 842K |
| Total Assets | N/A | N/A | N/A | N/A | N/A | N/A | 4.0M | 14M | 73M | 75M | 77M | 73M | 1.7M |
| Total Liabilities | N/A | N/A | N/A | N/A | 797K | 1.1M | 1.5M | 6.7M | 11M | 13M | 8.6M | 10.0M | 11K |
| Intangibles | N/A | N/A | N/A | N/A | N/A | N/A | 1K | 328K | 1.6M | N/A | N/A | N/A | N/A |
| Retained Earnings | N/A | N/A | -1.4M | -2.1M | -3.2M | -3.5M | -3.8M | -5.0M | -17M | -24M | -31M | -37M | -10M |
| Working Capital | 2.2M | 1.9M | 1.0M | 852K | 1.7M | 1.2M | 1.3M | 9.9M | 58M | 63M | 64M | 41M | 6.2M |
| Current Assets | 3.5M | 3.3M | 1.7M | 1.5M | 2.3M | 2.1M | 2.7M | 12M | 66M | 71M | 70M | 50M | 11M |
| Current Liabilities | 1.3M | 1.4M | 675K | 644K | 593K | 888K | 1.3M | 1.8M | 7.8M | 8.6M | 6.6M | 8.5M | 4.5M |
| Per Share Data | |||||||||||||
| EPS | 0.08 | -2.60 | -2.53 | -1.65 | -1.35 | -0.42 | -1.32 | -0.67 | 7.05 | -3.32 | -1.18 | -0.56 | -69.68 |
| Owner EPS | -1.12 | -1.67 | -0.54 | 0.01 | -0.80 | -3.32 | -1.45 | -0.71 | -2.28 | -0.84 | -0.52 | -0.48 | 1.16 |
| Book Value | N/A | N/A | N/A | N/A | N/A | N/A | 7.54 | 4.07 | 31.03 | 6.81 | 5.63 | 6.14 | 2.09 |
| Cash Flow/Share | -0.74 | -1.25 | -0.02 | 0.30 | -0.65 | -2.27 | -0.36 | -0.47 | -1.94 | -0.78 | -0.49 | -0.44 | -54.87 |
| Dividends/Share | N/A | N/A | N/A | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Shares Out. | 0.3M | 0.3M | 0.4M | 0.4M | 0.7M | 0.3M | 0.3M | 1.7M | 2.0M | 9.3M | 12.4M | 10.6M | 0.4M |
| Valuation | |||||||||||||
| P/E Ratio | 116.7 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | -0.0 |
| P/FCF | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.2 |
| EV/EBIT | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price/Book | 1.0 | 0.5 | 0.7 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.2 |
| Price/Sales | 0.9 | 1.4 | 0.9 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.0 |
| FCF Yield | -0.2% | -1.2% | -0.0% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 643.6% |
| Market Cap | 94M | 39M | 30M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 190K |
| Avg. Price | 338.25 | 263.24 | 116.15 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.47 |
| Year-End Price | 378.00 | 142.20 | 95.40 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.47 |
Recon Technology, Ltd passes 0 of 9 quality checks, indicating weak fundamentals.
The company's 5-year average gross margin is 23.9%.
Recon Technology, Ltd (RCON) has a debt-to-equity ratio of 0.04. This indicates a conservatively financed balance sheet.
Recon Technology, Ltd (RCON) reported earnings per share (EPS) of $-0.56 in its most recent fiscal year.
Recon Technology, Ltd (RCON) has a return on equity (ROE) of -8.8%. A negative ROE may indicate losses or negative equity.
Recon Technology, Ltd (RCON) has a 5-year average gross margin of 23.9%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 14 years of financial data for Recon Technology, Ltd (RCON), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
Recon Technology, Ltd (RCON) has a book value per share of $6.14, based on its most recent annual SEC filing.