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Recon Technology Ltd
Recon Technology Ltd

Recon Technology Ltd (RCON)

24HHigh$0.4424HLow$0.06
$0.06
-0.84%

Last updated: 2026-08-08 10:00:22

K-Line Chart, actual market data is subject to the trading page.

Key Data

Prev. Open
$0.39
Prev. Close
$0.06
Prev. Day's Range
$0.06 - $0.44
52W Range
$0.03 - $3.15
Trading Volume
92.645M
MC
$3.797M
P/E Ratio
--
EPS
$-0.30

Company Overview

NASDAQ

Recon Technology, Ltd. provides hardware, software and on-site services to companies in the oil extraction and extraction industry in the People's Republic of China. The company is headquartered in Beijing, the People's Republic of China.

SectorENERGY
IndustryOIL & GAS EQUIPMENT & SERVICES
HeadquartersNO. 1 SHUI'AN SOUTH STREET, BEIJING, CHINA, 100012
CountryChina
Listing Date2009-07-30
Fiscal Year Ended2025-12-31
Shares Outstanding70.627M
CIK Code1442620

Financial Metrics

Indicator2025-09-302025-03-312024-12-312024-09-30
Income$12.108M$12.108M$21.035M$21.035M
Operating Expenses$11.165M$11.165M$14.357M$14.357M
Net Income-$11M-$11M-$10.294M-$10.294M
Net Profit Margin-90.9%-90.9%-48.9%-48.9%
Earnings Per Share--------
EBITDA-$14.498M-$14.498M-$12.588M-$12.588M
Effective Tax Rate-0.0%-0.0%-0.0%-0.0%

FAQ

Recon Technology, Ltd. (RCON) is a Chinese company primarily providing specialized oilfield services and automation software for China's oil and gas industry. The company develops and sells software, as well as automation products, to streamline drilling operations, improve production efficiency, and reduce operational costs for its clients in the energy sector.
RCON operates in the energy sector, specifically within the oil and gas equipment and services industry. The company focuses on providing technological solutions to automate and enhance oilfield management for upstream energy companies, playing a critical role in modernizing China's oil and gas infrastructure.
RCON generates revenue through the sale of automation control systems, technical support services, and software for oilfield operations. Additionally, its offerings in the wastewater treatment sector and custom solutions for energy efficiency also contribute to its business growth.
Yes, RCON faces risks such as reliance on China's oil and gas industry, exposure to fluctuations in global energy prices, and competition from both international and domestic service providers in the oilfield automation and technology space. Regulatory policies and economic conditions in China also pose potential risks.
RCON differentiates itself by offering industry-specific automation solutions tailored to China's unique energy infrastructure. Its focus on combining software, hardware, and technical support allows it to provide integrated solutions that meet the operational needs of its clients. This specialization helps it stand out in a competitive landscape.
RCON has growth opportunities in expanding its automation solutions portfolio as demand for efficient and sustainable oilfield management grows. Additionally, its ventures into related sectors like wastewater treatment and green energy technologies may open avenues for revenue diversification.
No, RCON does not currently pay dividends to shareholders. The company appears to focus on reinvesting its earnings into business operations and growth initiatives, which is common among technology and service providers in the energy sector.
Macroeconomic trends such as global energy demand, oil price volatility, and China's economic policies can significantly impact RCON's financial performance. Positive trends could lead to increased investment in oilfield automation, while downturns or regulatory changes could constrain clients’ budgets and affect RCON’s revenue.
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