RCON Chart
About

Recon Technology, Ltd. provides hardware, software, and on-site services to companies in the petroleum mining and extraction industry in China. The Company provides specialized equipment, automation systems, tools, chemicals, outsourcing platform services, and field services to energy industry companies mainly in China. The company offers equipment, tools, and other components and parts related to oilfield production and other energy industries; and develops and sells industrial automation control and information solutions. It is also involved in designing, testing, and implementing solutions for sewage, oily sludge treatment; and produces and sells integrated equipment and project services. In addition, the company develops, upgrades, and maintains online operation platform of gas stations, marketing, and promotion related services, as well as engages in production and efficiency of exploited oil wells business and plastic chemical cycle activities. Further, it provides equipment for oil and gas production and transportation, including heating furnaces, burner, waste water and oil treatment products and services, chemical recycling plan, automation system and service; and operates platform services comprising intelligent marketing system and digitalization solution for gas stations. Additionally, the company offers equipment and accessories. Recon Technology, Ltd. was incorporated in 2007 and is based in Beijing, China.

Fundamentals
Scroll to Statements
Sector Energy Industry Oil & Gas Equipment & Se Market Cap 39.20M
Enterprise Value -42.29M Income -42.59M Sales 66.29M
Book/sh 2.21 Cash/sh 3.35 Dividend Yield —
Payout 0.00% Employees 188 IPO —
P/E — Forward P/E -1.12 PEG —
P/S 0.59 P/B 0.58 P/C —
EV/EBITDA 0.78 EV/Sales -0.64 Quick Ratio 3.19
Current Ratio 5.88 Debt/Eq 7.59 LT Debt/Eq —
EPS (ttm) -0.68 EPS next Y -1.14 EPS Growth —
Revenue Growth 2.60% Earnings 2020-03-17 20:00 ROA -6.65%
ROE -9.25% ROIC — Gross Margin 22.99%
Oper. Margin -125.62% Profit Margin -64.25% Shs Outstand 10.63M
Shs Float 5.69M Short Float 0.07% Short Ratio 0.38
Short Interest — 52W High 7.16 52W Low 1.13
Beta 1.93 Avg Volume 12.69K Volume 3.07K
Target Price — Recom None Prev Close $1.20
Price $1.28 Change 6.66%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
$1.22
Latest analyst target
3. DCF / Fair value
$71.41
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.22
Low
—
High
—
Mean
—
Insider Transactions

No recent insider transactions.

Financials
Line Item2024-06-302023-06-302022-06-302021-06-30
TaxEffectOfUnusualItems-453.92K-1.16M43.03M703.80K
TaxRateForCalcs0.250.250.250.02
NormalizedEBITDA-44.07M-54.31M-76.90M-54.59M
TotalUnusualItems-1.82M-4.63M172.10M35.43M
TotalUnusualItemsExcludingGoodwill-1.82M-4.63M172.10M35.43M
NetIncomeFromContinuingOperationNetMinorityInterest-49.87M-59.17M95.59M-22.83M
ReconciledDepreciation6.94M6.48M5.02M
ReconciledCostOfRevenue47.98M48.25M64.35M40.72M
EBITDA-45.89M-58.94M95.20M-19.16M
EBIT-50.37M-58.94M95.20M-24.18M
NetInterestIncome21.83M11.09M3.85M-1.29M
InterestExpense1.07M2.51M1.52M2.21M
InterestIncome22.90M13.60M5.37M918.63K
NormalizedIncome-48.51M-55.69M-33.49M-57.56M
NetIncomeFromContinuingAndDiscontinuedOperation-49.87M-59.17M95.59M-22.83M
TotalExpenses140.36M135.11M166.08M108.39M
TotalOperatingIncomeAsReported-71.64M-69.33M-82.31M-61.58M
DilutedAverageShares5.05M2.16M1.72M760.12K
BasicAverageShares5.05M2.16M1.72M760.12K
DilutedEPS-9.88-27.4355.52-30.04
BasicEPS-9.88-27.4355.52-30.04
DilutedNIAvailtoComStockholders-49.87M-59.17M95.59M-22.83M
NetIncomeCommonStockholders-49.87M-59.17M95.59M-22.83M
NetIncome-49.87M-59.17M95.59M-22.83M
MinorityInterests1.56M2.31M1.30M3.03M
NetIncomeIncludingNoncontrollingInterests-51.44M-61.48M94.29M-25.87M
NetIncomeContinuousOperations-51.44M-61.48M94.29M-25.87M
TaxProvision30.0018.34K-613.87K-524.25K
PretaxIncome-51.44M-61.46M93.68M-26.39M
OtherIncomeExpense-1.76M-4.55M172.13M35.36M
OtherNonOperatingIncomeExpenses59.05K82.97K15.86K192.14K
SpecialIncomeCharges0.00-10.99M-2.27M210.94K
ImpairmentOfCapitalAssets0.0010.99M2.27M768.31K
RestructuringAndMergernAcquisition0.000.00-979.25K
EarningsFromEquityInterest0.000.0015.41K-266.71K
GainOnSaleOfSecurity-1.82M6.36M174.37M35.22M
NetNonOperatingInterestIncomeExpense21.83M11.09M3.85M-1.29M
InterestExpenseNonOperating1.07M2.51M1.52M2.21M
InterestIncomeNonOperating22.90M13.60M5.37M918.63K
OperatingIncome-71.51M-68.00M-82.30M-60.45M
OperatingExpense92.38M86.87M101.73M67.67M
OtherOperatingExpenses-131.43K-325.43K-11.99K-355.67K
ProvisionForDoubtfulAccounts4.09M-9.04M-658.82K8.19M
ResearchAndDevelopment14.29M8.81M8.96M5.85M
SellingGeneralAndAdministration74.14M87.42M93.43M53.99M
SellingAndMarketingExpense10.37M10.64M10.15M8.04M
GeneralAndAdministrativeExpense63.77M76.78M83.28M45.95M
OtherGandA63.77M76.78M83.28M45.95M
GrossProfit20.88M18.87M19.42M7.22M
CostOfRevenue47.98M48.25M64.35M40.72M
TotalRevenue68.85M67.11M83.78M47.94M
OperatingRevenue68.85M67.11M83.78M47.94M
Line Item2024-06-302023-06-302022-06-302021-06-30
OrdinarySharesNumber15.09M9.35M5.75M1.49M
ShareIssued15.09M9.35M5.75M1.49M
TotalDebt40.14M35.56M31.60M42.63M
TangibleBookValue502.55M449.21M409.95M280.19M
InvestedCapital534.98M481.68M446.15M330.71M
WorkingCapital459.01M443.38M392.74M412.04M
NetTangibleAssets502.55M449.21M409.95M280.19M
CapitalLeaseObligations7.71M3.09M6.08M7.02M
CommonStockEquity502.55M449.21M420.63M295.10M
TotalCapitalization512.55M449.21M426.14M301.58M
TotalEquityGrossMinorityInterest490.93M439.15M412.88M287.52M
MinorityInterest-11.62M-10.06M-7.75M-7.58M
StockholdersEquity502.55M449.21M420.63M295.10M
GainsLossesNotAffectingRetainedEarnings41.29M39.28M15.46M6.12M
OtherEquityAdjustments41.29M39.28M15.46M6.12M
RetainedEarnings-220.31M-170.44M-111.27M-206.86M
AdditionalPaidInCapital681.48M580.34M516.43M479.49M
CapitalStock104.33K31.62K22.07K16.34M
CommonStock104.33K31.62K22.07K16.34M
TotalLiabilitiesNetMinorityInterest61.46M92.67M77.36M279.00M
TotalNonCurrentLiabilitiesNetMinorityInterest13.98M31.64M24.48M202.54M
DerivativeProductLiabilities6.97K31.62M16.68M190.64M
NonCurrentDeferredLiabilities0.00106.00K624.09K
NonCurrentDeferredRevenue0.00106.00K0.00
NonCurrentDeferredTaxesLiabilities0.00624.09K
LongTermDebtAndCapitalLeaseObligation13.97M25.14K7.70M11.28M
LongTermCapitalLeaseObligation3.97M25.14K2.18M4.79M
LongTermDebt10.00M5.51M6.49M
CurrentLiabilities47.48M61.03M52.88M76.46M
CurrentDeferredLiabilities1.82M2.75M2.00M7.69M
CurrentDeferredRevenue1.82M2.75M2.00M7.69M
CurrentDebtAndCapitalLeaseObligation26.17M35.54M23.90M31.35M
CurrentCapitalLeaseObligation3.74M3.07M3.89M2.23M
CurrentDebt22.43M32.47M20.01M29.13M
OtherCurrentBorrowings10.00M20.02M10.01M14.13M
LineOfCredit12.43M12.45M10.00M15.00M
PayablesAndAccruedExpenses19.49M22.75M26.98M37.42M
CurrentAccruedExpenses3.47M2.58M2.46M2.16M
Payables16.02M20.17M24.52M35.26M
OtherPayable2.54M5.62M3.33M9.66M
DuetoRelatedPartiesCurrent2.30M2.59M2.24M2.40M
DividendsPayable1.49M
TotalTaxPayable993.37K1.16M2.21M1.25M
IncomeTaxPayable440.06K440.03K440.03K440.03K
AccountsPayable10.19M10.79M16.74M21.96M
TotalAssets552.39M531.82M490.24M566.52M
TotalNonCurrentAssets45.90M27.41M44.63M78.01M
NonCurrentPrepaidAssets7.93M
NonCurrentAccountsReceivable3.64K1.56M114.68K
InvestmentsAndAdvances0.0027.93M
LongTermEquityInvestment0.0027.93M
GoodwillAndOtherIntangibleAssets0.0010.68M14.90M
OtherIntangibleAssets5.95M7.90M
Goodwill0.004.73M7.00M
NetPPE45.90M27.41M32.38M35.06M
AccumulatedDepreciation-16.46M-15.24M-12.38M-9.90M
GrossPPE62.36M42.65M44.76M44.97M
Leases2.26M2.26M0.00
ConstructionInProgress219.13K0.00239.74K0.00
OtherProperties54.78M33.77M37.77M38.49M
MachineryFurnitureEquipment5.10M6.62M6.75M6.48M
Properties0.000.000.00
CurrentAssets506.49M504.41M445.62M488.51M
CurrentDeferredAssets48.34M49.57M33.86M48.80M
RestrictedCash848.94K731.54K723.56K0.00
PrepaidAssets7.99M3.03M873.49K1.66M
Inventory1.13M6.33M3.89M3.64M
Receivables250.10M156.44M89.29M90.41M
OtherReceivables1.42M2.19M5.50M6.94M
NotesReceivable1.34M3.74M10.83M6.31M
LoansReceivable208.93M123.06M50.38M50.48M
AccountsReceivable38.63M27.45M22.58M26.69M
AllowanceForDoubtfulAccountsReceivable-1.19M-152.84K-4.63M-4.98M
GrossAccountsReceivable39.83M27.61M27.21M31.67M
CashCashEquivalentsAndShortTermInvestments198.08M288.31M316.97M344.00M
OtherShortTermInvestments88.09M184.18M0.00
CashAndCashEquivalents109.99M104.13M316.97M344.00M
CashFinancial109.99M104.13M316.97M344.00M
Line Item2024-06-302023-06-302022-06-302021-06-30
FreeCashFlow-59.25M-51.69M-26.25M-34.57M
RepaymentOfDebt-21.54M-31.19M-30.67M
IssuanceOfDebt28.50M21.10M80.09M
IssuanceOfCapitalStock77.71M28.17M0.0081.09M
CapitalExpenditure-940.67K-692.21K-522.42K
InterestPaidSupplementalData1.20M1.43M1.68M
IncomeTaxPaidSupplementalData18.34K10.21K
EndCashPosition110.84M104.13M317.70M344.00M
BeginningCashPosition104.86M317.70M344.00M30.34M
EffectOfExchangeRateChanges1.72M27.69M10.28M224.37K
ChangesInCash4.26M76.44M-36.58M313.44M
FinancingCashFlow45.02M56.38M-10.00M394.03M
CashFlowFromContinuingFinancingActivities45.02M49.42M93.32K394.03M
NetOtherFinancingCharges-69.98K6.96M-10.09M50.00K
ProceedsFromStockOptionExercised-32.62M21.24M93.32K263.46M
NetCommonStockIssuance77.71M28.17M0.0081.09M
CommonStockIssuance77.71M28.17M0.0081.09M
NetIssuancePaymentsOfDebt6.96M-10.09M49.43M
NetShortTermDebtIssuance8.46M-9.20M8.23M
ShortTermDebtPayments-20.04M-30.30M-29.85M
ShortTermDebtIssuance28.50M21.10M38.08M
NetLongTermDebtIssuance-1.50M-892.70K41.20M
LongTermDebtPayments-1.50M-892.70K-816.95K
LongTermDebtIssuance0.000.0042.01M
InvestingCashFlow2.98M-245.22M-328.68K-46.54M
CashFlowFromContinuingInvestingActivities2.98M-353.09M363.52K-46.54M
NetOtherInvestingChanges-78.92M44.83M-328.68K-46.49M
NetInvestmentPurchaseAndSale97.38M-290.05M0.000.00
SaleOfInvestment108.77M0.000.00
PurchaseOfInvestment-203.48M-290.05M0.000.00
NetBusinessPurchaseAndSale0.000.00471.84K
SaleOfBusiness0.000.00471.84K
PurchaseOfBusiness0.00
NetPPEPurchaseAndSale-908.72K-692.21K-522.42K
SaleOfPPE31.95K0.000.00
PurchaseOfPPE-940.67K-692.21K-522.42K
OperatingCashFlow-43.75M-51.69M-26.25M-34.05M
CashFlowFromContinuingOperatingActivities-43.75M-54.05M-32.94M-34.05M
ChangeInWorkingCapital-16.03M-1.74M-5.49M
ChangeInOtherWorkingCapital-13.60M-5.58M-17.78M
ChangeInOtherCurrentLiabilities-3.06M-1.59M-2.76M
ChangeInPayablesAndAccruedExpense6.95K-9.63M-519.74K
ChangeInAccruedExpense131.97K296.06K-1.59M
ChangeInPayable-125.02K-9.92M1.07M
ChangeInAccountPayable-1.71M-5.52M-2.11M
ChangeInTaxPayable-1.04M961.96K76.45K
ChangeInIncomeTaxPayable-1.04M961.96K76.45K
ChangeInPrepaidAssets-2.23M749.22K-1.19M
ChangeInInventory-2.37M-689.29K-2.50M
ChangeInReceivables5.22M15.00M19.27M
ChangesInAccountReceivables-495.78K3.81M21.74M
OtherNonCashItems-6.81M-1.25M15.36M13.01M
StockBasedCompensation22.43M26.19M39.26M6.14M
ProvisionandWriteOffofAssets4.97M-9.04M-658.82K8.85M
AssetImpairmentCharge10.99M2.27M768.31K
DeferredTax0.00-624.09K-425.91K
DeferredIncomeTax0.00-624.09K-425.91K
DepreciationAmortizationDepletion6.94M6.48M5.02M
DepreciationAndAmortization6.94M6.48M5.02M
Depreciation6.94M6.48M5.02M
OperatingGainsLosses969.32K-6.12M-174.50M-36.06M
EarningsLossesFromEquityInvestments0.000.00-15.41K-712.55K
GainLossOnInvestmentSecurities934.00K-6.12M-174.49M-35.37M
GainLossOnSaleOfPPE-12.78K48.63K19.59K
NetIncomeFromContinuingOperations-51.44M-61.48M94.29M-25.87M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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