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MARKETS / NASDAQ / RCON
NASDAQ · OIL & GAS FIELD SERVICES, NEC · SMALL CAP

Recon Technology, Ltd. RCON

15 fiscal years on record · CNY · FY2024 reported · SEC filings only
CNY 66.3M
▼ 3.7% YoY
CNY -42.6M
In brief

What this company does

The company provides oilfield specialized equipment, automation systems, tools, chemicals and field services to petroleum companies mainly in the PRC. It believes one of the most important advancements in China's petroleum industry has been the automation of significant segments of the exploration and extraction process, and its automation products and services allow petroleum mining and extraction companies to reduce labor requirements and improve productivity of oilfields. As a Chinese company, it believes it can operate its business more cost-effectively because all of its employees, operations and assets are located in China. As of June 30, 2025, the company's research and development team consisted of over 70 experienced engineers, developers and programmers.

Written from the business description in Recon Technology, Ltd's annual report to the U.S. Securities and Exchange Commission, filed 15 October 2025. Every sentence was checked against that document before publication.

Growth
CNY 66.3M
Revenue, FY2024 · full 15-year series below
Revenue CNY M Net income CNY M
FY2024 · Revenue 66.3 · Net income -42.6
40M80M-20M-40M20102012201420162018202020222024
Compound annual growth
−7.5%
+0.2%
+2.6%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +0.2% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−66 cents
lost on every revenue dollar
Operating margin Net margin
FY2024 · Operating -86.5% · Net -65.9%
50%100%-50%-100%20102012201420162018202020222024
ROE
FY2024 · ROE -8.8%
10%20%-50%20102012201420162018202020222024

Each CNY of equity lost 9 cents this year.

Cash & shareholders
returned in FY2024 · dividends + net buybacks
Free cash flow CNY M
FY2021 · FCF -27.2
10M20M-20M20102012201420162018202020222024

Total assetsCNY 525.6M
EquityCNY 467.4M
CashCNY 98.9M
Current ratio5.88×

Equity funds 89% of total assets.

The 15-year record
15 fiscal years
Every figure from documents filed with the SEC · CNY

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 202420232022202120202019201820172016201520142013201220112010
Revenue CNY B0.10.10.10.10.00.10.10.10.10.00.10.10.10.10.1
Operating income CNY B−0.1−0.1−0.1−0.1−0.1−0.0−0.0−0.0−0.0−0.0−0.00.0−0.0−0.0−0.0
EBITDA CNY B−0.1−0.1−0.1−0.1−0.1−0.0−0.0−0.0−0.0······
Income tax CNY B0.00.00.0−0.0−0.00.00.00.00.00.0−0.00.00.0−0.00.0
Net income CNY B−0.0−0.0−0.10.1−0.0−0.0−0.0−0.0−0.0−0.0−0.00.00.0−0.0−0.0
Free cash flow CNY B···−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.00.0−0.0−0.0
EPS, diluted CNY −4.68−9.88−27.4355.52−30.04−4.16−6.49−19.19−4.90−7.23−6.450.180.01−0.97−7.35
Dividend / sh CNY ···············
Payout %···············
ROE %−8.8−10.5−13.626.7−11.3−18.7−29.5−80.7−84.3−70.8−37.00.90.0−4.7−35.6
Shares out B·····0.000.000.020.010.010.010.000.000.000.00

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Compare

This company against its peers

Provenance
Company facts, as filed
How we verify · 0 failures in 75 reconciliationsAUDITED

Reconciled in 15 of 19 fiscal years. 20 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityOil & Gas Field Services, NEC
Listed onNASDAQ
Incorporated inoutside the United States — SEC code E9
Fiscal year endsJune 30
Data on record since2010

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