Recon Technology, Ltd. logo

Recon Technology, Ltd.

RCON

NASDAQEnergyOil & Gas Equipment & Services

Previous close

$3.08

−$0.54 · -14.92%

Aug 21, 4:00 PM ET

Pre-market

$3.11

+$0.03 · +0.97%

Aug 24, 8:40 AM ET

RCON company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

49

Fair Value

Momentum

17

Strong Down

Sentiment

53

Mixed

Risk resilience

21

High Risk

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Company profile

Company website

Recon Technology, Ltd. (RCON) is a company that delivers a comprehensive suite of hardware, software, and field-based services to enterprises operating within China's petroleum exploration and production sector. The company's hardware portfolio encompasses various tools and equipment essential for oilfield production, management, and logistics. Key offerings include specialized equipment for oil and gas production and transport, such as heating furnaces and burners. Recon also provides advanced techniques and components like fracturing and production packers, solutions for sand prevention in wells, water location and plugging, fissure shaping, and fracture acidizing. Additionally, it offers electronic breakdown services to address blockages and freezing issues. Furthermore, Recon engineers and markets advanced industrial automation and information management solutions. Its automation systems and services feature pumping unit controllers for monitoring and data acquisition, RTUs for natural gas well surveillance and pressure data collection, wireless dynamometers and pressure gauges, electric multi-way valves for precise oilfield metering station flow regulation, and sophisticated natural gas flow computer systems. A significant part of its portfolio includes SCADA (Supervisory Control and Data Acquisition) systems. This encompasses the Recon SCADA platform for general oilfield monitoring and data collection, EPC (Engineering, Procurement, and Construction) services for pipeline SCADA systems, and EPC services for oil and gas well SCADA systems to oversee operations and gather data from both oil and natural gas wells. The company also implements EPC services for oilfield video surveillance and control, ensuring oversight of wellheads and measurement stations, alongside providing technical consultancy for digital oilfield transformation initiatives. Moreover, Recon addresses environmental concerns by offering oilfield wastewater treatment solutions, complete with necessary chemicals, and specialized services for oily sludge disposal. Established in 2007, Recon Technology, Ltd. maintains its corporate headquarters in Beijing, People's Republic of China.

Industry
Oil & Gas Equipment & Services
Sector
Energy
Headquarters
CN
CEO
Shenping Yin
Listed since
Jul 30, 2009
Employees
188

Market position

Day range

Current $3.08

52-week range

Current $3.08

Open
$3.25
Previous close
$3.62
Volume
231.57K
1.61× average
Average volume
143.69K
Average daily volume
Market cap
1.09M USD
Beta
1.54
Market reference 1
50-day average
$66.3142
-95.36% below average
200-day average
$186
-98.34% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
1.58B CNY
P/E (TTM)
-0.34×
P/B (TTM)
0.02×
P/S (TTM)
0.07×
EV / EBITDA
-29.12×
Earnings yield
-2.59%
Free cash flow yield
-2.66%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
27.79%
Operating margin
-39.23%
Net margin
-25.46%
Return on equity
-9.11%
Return on assets
-8.10%
Return on invested capital
-11.74%

Financial health

Debt / equity
0.08×
Current ratio
5.88×
Altman Z-score
-0.14
Piotroski F-score
2 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends138%41%-56%-153%Gross margin, FY2021: 15.05%Gross margin, FY2022: 23.19%Gross margin, FY2023: 28.11%Gross margin, FY2024: 30.32%Gross margin, FY2025: 22.99%Operating margin, FY2021: -128.45%Operating margin, FY2022: -98.24%Operating margin, FY2023: -103.31%Operating margin, FY2024: -104.04%Operating margin, FY2025: -86.47%Net margin, FY2021: -47.63%Net margin, FY2022: 114.10%Net margin, FY2023: -88.16%Net margin, FY2024: -72.43%Net margin, FY2025: -64.25%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 15.05%. Gross margin FY2022 23.19%. Gross margin FY2023 28.11%. Gross margin FY2024 30.32%. Gross margin FY2025 22.99%. Operating margin FY2021 -128.45%. Operating margin FY2022 -98.24%. Operating margin FY2023 -103.31%. Operating margin FY2024 -104.04%. Operating margin FY2025 -86.47%. Net margin FY2021 -47.63%. Net margin FY2022 114.10%. Net margin FY2023 -88.16%. Net margin FY2024 -72.43%. Net margin FY2025 -64.25%.

Income trends

Revenue

66.29M CNY-3.73%

Operating income

−57.32M CNY+19.99%

Net income

−42.59M CNY+14.60%
Income trends across reported periods113.38M CNY42.22M CNY−28.93M CNY−100.09M CNYRevenue, FY2021: 47.94M CNYRevenue, FY2022: 83.78M CNYRevenue, FY2023: 67.11M CNYRevenue, FY2024: 68.85M CNYRevenue, FY2025: 66.29M CNYOperating income, FY2021: −61.58M CNYOperating income, FY2022: −82.3M CNYOperating income, FY2023: −69.33M CNYOperating income, FY2024: −71.64M CNYOperating income, FY2025: −57.32M CNYNet income, FY2021: −22.83M CNYNet income, FY2022: 95.59M CNYNet income, FY2023: −59.17M CNYNet income, FY2024: −49.87M CNYNet income, FY2025: −42.59M CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 47.94M CNY. Revenue FY2022 83.78M CNY. Revenue FY2023 67.11M CNY. Revenue FY2024 68.85M CNY. Revenue FY2025 66.29M CNY. Operating income FY2021 −61.58M CNY. Operating income FY2022 −82.3M CNY. Operating income FY2023 −69.33M CNY. Operating income FY2024 −71.64M CNY. Operating income FY2025 −57.32M CNY. Net income FY2021 −22.83M CNY. Net income FY2022 95.59M CNY. Net income FY2023 −59.17M CNY. Net income FY2024 −49.87M CNY. Net income FY2025 −42.59M CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue66.29M CNY68.85M CNY67.11M CNY83.78M CNY47.94M CNY
Cost of goods sold51.04M CNY47.98M CNY48.25M CNY64.35M CNY40.72M CNY
Gross profit15.24M CNY20.88M CNY18.87M CNY19.42M CNY7.22M CNY
Research and development16.43M CNY14.29M CNY8.81M CNY8.96M CNY5.85M CNY
Selling, general, and administrative56.13M CNY74.14M CNY87.42M CNY93.43M CNY53.99M CNY
Operating expenses72.56M CNY92.52M CNY88.2M CNY101.73M CNY67.67M CNY
Interest income1.86M CNY22.9M CNY13.6M CNY5.37M CNY918.63K CNY
Interest expense153.96K CNY1.07M CNY2.51M CNY1.52M CNY2.21M CNY
Depreciation and amortization3.15M CNY2.84M CNY6.94M CNY6.48M CNY3.15M CNY
Operating income−57.32M CNY−71.64M CNY−69.33M CNY−82.3M CNY−61.58M CNY
Net income−42.59M CNY−49.87M CNY−59.17M CNY95.59M CNY−22.83M CNY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
55%
6 beats, 3 misses, 2 met estimates
Average EPS surprise
+107.27%
11 comparable reports
Latest EPS result
-0.09
Estimate -0.51 · Beat by 82.35%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates-0.08-324.05-648.02-972Q1 '24MetQ2 '24BeatQ4 '24BeatQ1 '25MetQ4 '25BeatQ4 '25BeatQ1 '26BeatQ4 '26Estimate
Q1 2024, reported Feb 29, 2024: actual -48, estimate -48, surprise 0.00%, Met estimate. Q2 2024, reported Jun 28, 2024: actual -48, estimate -864, surprise +94.44%, Beat. Q4 2024, reported Oct 30, 2024: actual -0.5, estimate -0.95, surprise +47.37%, Beat. Q1 2025, reported Mar 31, 2025: actual -0.31, estimate -0.31, surprise 0.00%, Met estimate. Q4 2025, reported Oct 14, 2025: actual -0.68, estimate -1.4, surprise +51.43%, Beat. Q4 2025, reported Oct 15, 2025: actual -3.32, estimate -900, surprise +99.63%, Beat. Q1 2026, reported Mar 13, 2026: actual -0.09, estimate -0.51, surprise +82.35%, Beat. Q4 2026, reported Oct 23, 2026: actual —, estimate -92, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates13.04M9.17M5.3M1.44MQ1 '24MetQ2 '24MetQ4 '24MissQ1 '25MissQ4 '25MissQ4 '25MissQ1 '26BeatQ4 '26Estimate
Q1 2024, reported Feb 29, 2024: actual 6.5M USD, estimate 6.5M USD, surprise 0.00%, Met estimate. Q2 2024, reported Jun 28, 2024: actual 6.5M USD, estimate 6.5M USD, surprise 0.00%, Met estimate. Q4 2024, reported Oct 30, 2024: actual 3.1M USD, estimate 4.8M USD, surprise -35.42%, Miss. Q1 2025, reported Mar 31, 2025: actual 5.76M USD, estimate 6.8M USD, surprise -15.25%, Miss. Q4 2025, reported Oct 14, 2025: actual 3.49M USD, estimate 4.4M USD, surprise -20.68%, Miss. Q4 2025, reported Oct 15, 2025: actual 1.69M USD, estimate 7.9M USD, surprise -78.63%, Miss. Q1 2026, reported Mar 13, 2026: actual 12.2M USD, estimate 4.7M USD, surprise +159.57%, Beat. Q4 2026, reported Oct 23, 2026: actual —, estimate 6.4M USD, surprise —, Comparison unavailable.

RCON news

Corporate actions

Corporate action history

Stock split

Effective Aug 18, 2026

1:200

Stock split

Effective May 1, 2024

1:18

Stock split

Effective Dec 27, 2019

1:5

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