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RCONRecon Technology Ltd

NASDAQ · Energy · Oil & Gas Equipment & Services

$1.48

-$0.06 (-3.90%)

Recon Technology Ltd (RCON) is a oil & gas equipment & services company listed on NASDAQ. It is led by Shenping Yin, based in No. 1 Shui'an South Street, Beijing, China, 100012, with about 188 employees. 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.

Latest reported RCON revenue for 2016-09-30 was $1.2M. Net income was -$818.7K. Revenue was down 81.8% from 2016-06-30 to 2016-09-30. RCON currently screens at market cap $45.4M.

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About Recon Technology Ltd

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.

RCON Key Statistics

Market Cap

$45.41M

Volume

19.97M

Previous Close

$2.87

Day Range

$2.01$3.24

0

P/B Ratio

0.66

EPS

-$1.09

Revenue

$6.43M

Net Income

-$6.15M

Gross Profit

$0.00

Free Cash Flow

$0.00

Revenue Growth

-24.0%

Profit Margin

-95.7%

Employees

188

RCON Financials

Annual income statement in USD. Latest reported periods first.

RCON annual income statement across FY2016, FY2015, FY2014, FY2013
LineFY2016FY2015FY2014FY2013
Revenue$6.43M$8.46M$15.18M$12.38M
Cost of Revenue$0.00$0.00$0.00$0.00
Gross Profit$0.00$0.00$0.00$0.00
Operating Income$0.00$0.00$0.00$0.00
Net Income-$6.15M-$5.17M$300.19K$100.65K
EPS (Diluted)-$1.09-$1.06$0.03$0.00

Total Assets

$11.96M

Total Debt

$0.00

Shareholders' Equity

$0.00

Cash & Equivalents

$273.56K

Operating Cash Flow

$4.00M

Free Cash Flow

$0.00

Recon Technology Ltd Company Information

Founder, CEO & Director
Shenping Yin
Headquarters
No. 1 Shui'an South Street, Beijing, China, 100012
Phone
86 10 8494 5799
IPO / Founded
2009-07-30
Sector
Energy
Industry
Oil & Gas Equipment & Services
Data Updated:

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