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Recon Technology

DB:HRC1
Snowflake Description

Adequate balance sheet with concerning outlook.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
HRC1
DB
$7M
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

Recon Technology, Ltd. provides hardware, software, and on-site services to companies in the petroleum mining and extraction industry in the People’s Republic of China. The last earnings update was 19 days ago. More info.


Add to Portfolio Compare Print
  • Recon Technology has significant price volatility in the past 3 months.
HRC1 Share Price and Events
7 Day Returns
-3.4%
DB:HRC1
8.1%
Europe Energy Services
-0.6%
DE Market
1 Year Returns
-72.9%
DB:HRC1
-57.2%
Europe Energy Services
-20.9%
DE Market
HRC1 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Recon Technology (HRC1) -3.4% -54.5% -46.7% -72.9% -82.6% -87.6%
Europe Energy Services 8.1% -27.8% -50.1% -57.2% -65.6% -87.6%
DE Market -0.6% -16.6% -26% -20.9% -25.8% -31.8%
1 Year Return vs Industry and Market
  • HRC1 underperformed the Energy Services industry which returned -57.2% over the past year.
  • HRC1 underperformed the Market in Germany which returned -20.9% over the past year.
Price Volatility
HRC1
Industry
5yr Volatility vs Market

Value

 Is Recon Technology undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Recon Technology. This is due to cash flow or dividend data being unavailable. The share price is €1.12.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Recon Technology's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Recon Technology's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:HRC1 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in CNY CN¥-5.14
NasdaqCM:RCON Share Price ** NasdaqCM (2020-03-31) in USD $1.78
NasdaqCM:RCON Share Price converted to CNY reporting currency Exchange rate (USD/ CNY) 7.091 CN¥12.62
Europe Energy Services Industry PE Ratio Median Figure of 31 Publicly-Listed Energy Services Companies 8.85x
Germany Market PE Ratio Median Figure of 401 Publicly-Listed Companies 16.45x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Recon Technology.

DB:HRC1 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:RCON Share Price ÷ EPS (both in CNY)

= 12.62 ÷ -5.14

-2.46x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Recon Technology is loss making, we can't compare its value to the Europe Energy Services industry average.
  • Recon Technology is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Recon Technology's expected growth come at a high price?
Raw Data
DB:HRC1 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2.46x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
70.7%per year
Europe Energy Services Industry PEG Ratio Median Figure of 20 Publicly-Listed Energy Services Companies 0.51x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.16x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Recon Technology, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Recon Technology's assets?
Raw Data
DB:HRC1 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in CNY CN¥20.17
NasdaqCM:RCON Share Price * NasdaqCM (2020-03-31) in USD $1.78
NasdaqCM:RCON Share Price converted to CNY reporting currency Exchange rate (USD/ CNY) 7.091 CN¥12.62
Europe Energy Services Industry PB Ratio Median Figure of 70 Publicly-Listed Energy Services Companies 0.4x
Germany Market PB Ratio Median Figure of 572 Publicly-Listed Companies 1.44x
DB:HRC1 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:RCON Share Price ÷ Book Value per Share (both in CNY)

= 12.62 ÷ 20.17

0.63x

* Primary Listing of Recon Technology.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Recon Technology is overvalued based on assets compared to the Europe Energy Services industry average.
X
Value checks
We assess Recon Technology's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Energy Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Energy Services industry average (and greater than 0)? (1 check)
  5. Recon Technology has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Recon Technology expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
70.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Recon Technology expected to grow at an attractive rate?
  • Unable to compare Recon Technology's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare Recon Technology's earnings growth to the Germany market average as it is expected to be loss making during the next 1-3 years.
  • Recon Technology's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:HRC1 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:HRC1 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 70.7%
DB:HRC1 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 4.7%
Europe Energy Services Industry Earnings Growth Rate Market Cap Weighted Average 21.1%
Europe Energy Services Industry Revenue Growth Rate Market Cap Weighted Average -0.4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:HRC1 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:HRC1 Future Estimates Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-06-30 96 -5 -6 1
2020-06-30 87 -1 -14 1
DB:HRC1 Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2019-12-31 91 -5 -22
2019-09-30 96 -19 -24
2019-06-30 102 -32 -25
2019-03-31 87 -35 -35
2018-12-31 74 -34 -37
2018-09-30 94 -31 -42
2018-06-30 85 -20 -44
2018-03-31 86 -18 -42
2017-12-31 75 -39
2017-09-30 64 4 -33
2017-06-30 60 -7 -31
2017-03-31 50 10 -37

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Recon Technology is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • Recon Technology's revenue is expected to grow by 4.7% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:HRC1 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Recon Technology Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:HRC1 Future Estimates Data
Date (Data in CNY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-06-30 -1.35 -1.35 -1.35 1.00
2020-06-30 -3.20 -3.20 -3.20 1.00
DB:HRC1 Past Financials Data
Date (Data in CNY Millions) EPS *
2019-12-31 -5.14
2019-09-30 -5.78
2019-06-30 -6.49
2019-03-31 -9.34
2018-12-31 -10.98
2018-09-30 -14.72
2018-06-30 -19.19
2018-03-31 -24.13
2017-12-31 -26.74
2017-09-30 -24.58
2017-06-30 -24.50
2017-03-31 -27.50

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Recon Technology will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Recon Technology's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Recon Technology has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Recon Technology performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Recon Technology's growth in the last year to its industry (Energy Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Recon Technology does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Recon Technology's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Recon Technology's 1-year growth to the Europe Energy Services industry average as it is not currently profitable.
Earnings and Revenue History
Recon Technology's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Recon Technology Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:HRC1 Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 90.52 -21.97 44.10 4.37
2019-09-30 96.45 -23.66 47.23 3.75
2019-06-30 102.38 -25.36 50.36 3.13
2019-03-31 87.21 -34.67 44.94 3.25
2018-12-31 73.74 -37.17 43.36 3.05
2018-09-30 93.68 -42.37 45.45 3.49
2018-06-30 84.71 -44.07 42.70 3.22
2018-03-31 85.87 -41.57 48.93 3.41
2017-12-31 75.19 -38.62 41.88 4.46
2017-09-30 64.42 -32.73 41.42 7.54
2017-06-30 60.05 -31.45 38.98 7.60
2017-03-31 49.77 -36.89 41.40 7.65
2016-12-31 48.41 -39.33 45.46 7.28
2016-09-30 46.94 -37.49 38.97 5.68
2016-06-30 42.73 -40.88 40.30 6.86
2016-03-31 42.84 -52.09 48.72 7.48
2015-12-31 58.32 -43.99 45.30 6.80
2015-09-30 50.80 -36.14 44.35 5.31
2015-06-30 51.51 -31.46 41.46 4.17
2015-03-31 63.09 -3.49 21.39 6.46
2014-12-31 61.30 -3.89 21.18 6.64
2014-09-30 86.24 -3.40 21.80 8.06
2014-06-30 93.45 0.81 21.49 8.09
2014-03-31 90.06 2.27 19.11 6.30
2013-12-31 79.33 2.96 19.78 6.14
2013-09-30 79.04 2.43 17.95 7.67
2013-06-30 76.59 0.04 17.11 8.51

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Recon Technology has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Recon Technology has efficiently used its assets last year compared to the Europe Energy Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Recon Technology improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Recon Technology's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Energy Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Recon Technology has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Recon Technology's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Recon Technology's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Recon Technology is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Recon Technology's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Recon Technology's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 4.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Recon Technology Company Filings, last reported 3 months ago.

DB:HRC1 Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 104.17 23.04 10.33
2019-09-30 104.17 23.04 10.33
2019-06-30 106.70 21.57 4.52
2019-03-31 106.70 21.57 4.52
2018-12-31 109.91 15.56 11.98
2018-09-30 109.91 15.56 11.98
2018-06-30 86.87 18.68 45.34
2018-03-31 99.72 18.89 52.42
2017-12-31 54.31 18.07 8.27
2017-09-30 40.47 14.28 6.11
2017-06-30 41.71 10.47 3.81
2017-03-31 47.43 7.34 4.33
2016-12-31 49.67 11.02 5.06
2016-09-30 46.10 12.52 0.55
2016-06-30 49.60 13.47 1.82
2016-03-31 67.90 15.56 2.62
2015-12-31 76.03 13.73 3.11
2015-09-30 74.82 16.41 3.88
2015-06-30 82.27 23.92 12.34
2015-03-31 109.26 18.22 4.67
2014-12-31 107.09 17.63 4.95
2014-09-30 100.81 13.21 6.03
2014-06-30 104.20 15.21 18.09
2014-03-31 102.88 15.83 8.86
2013-12-31 104.02 20.02 21.73
2013-09-30 89.36 18.36 6.68
2013-06-30 88.73 16.07 12.35
  • Recon Technology's level of debt (22.1%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (16.5% vs 22.1% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Recon Technology has sufficient cash runway for 1.3 years based on current free cash flow.
  • Recon Technology has less than a year of cash runway if free cash flow continues to grow at historical rates of 32.1% each year.
X
Financial health checks
We assess Recon Technology's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Recon Technology has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Recon Technology's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Recon Technology dividends.
If you bought €2,000 of Recon Technology shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Recon Technology's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Recon Technology's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:HRC1 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Europe Energy Services Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 6.8%
Germany Market Average Dividend Yield Market Cap Weighted Average of 315 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:HRC1 Future Dividends Estimate Data
Date (Data in CN¥) Dividend per Share (annual) Avg. No. Analysts
2021-06-30
2020-06-30

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Recon Technology has not reported any payouts.
  • Unable to verify if Recon Technology's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Recon Technology's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Recon Technology has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Recon Technology's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Recon Technology afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Recon Technology has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Recon Technology's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Shenping Yin
COMPENSATION CN¥278,125
AGE 49
TENURE AS CEO 12.7 years
CEO Bio

Mr. Shenping Yin is co-founder and the Chairman of the Board at Recon Technology, Ltd. and serves as its Chief Executive Officer since August 21, 2007. Mr. Yin was the Founder and Chief Executive Officer of NRT since 2003. He served as Sales Manager of Fujian Haitian Network Company from 1992 to 1994. He has founded and operated a number of companies: Xiamen Hengda Haitian Computer Network Co., Ltd. in 1994, Baotou Hengda Haitian Computer Network Co., Ltd. in 1997 and Beijing Jingke Haitian Electronic Technology Development Co., Ltd. in 1999 and Jingsu Huasheng Information Technology Co., Ltd. in 2000. He has been a Director of Recon Technology, Ltd. since 2007. In 2000, he merged the former Nanjing Kingsley Software Engineering Co., Ltd. into Nanjing Recon. he received bachelor’s degree in 1991 from Nanjing Agricultural University in information systems.

CEO Compensation
  • Shenping's compensation has increased whilst company is loss making.
  • Shenping's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Recon Technology management team in years:

12.7
Average Tenure
49
Average Age
  • The average tenure for the Recon Technology management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Shenping Yin

TITLE
Co-founder
COMPENSATION
CN¥278K
AGE
49
TENURE
12.7 yrs

Jia Liu

TITLE
CFO & Company Secretary
COMPENSATION
CN¥205K
AGE
36
TENURE
12.3 yrs

Guangqiang Chen

TITLE
CTO & Director
COMPENSATION
CN¥300K
AGE
56
TENURE
12.7 yrs
Board of Directors Tenure

Average tenure and age of the Recon Technology board of directors in years:

9.8
Average Tenure
55
Average Age
  • The tenure for the Recon Technology board of directors is about average.
Board of Directors

Yongquan Bi

TITLE
Chairman
AGE
42
TENURE
2.3 yrs

Shenping Yin

TITLE
Co-founder
COMPENSATION
CN¥278K
AGE
49
TENURE
12.7 yrs

Guangqiang Chen

TITLE
CTO & Director
COMPENSATION
CN¥300K
AGE
56
TENURE
12.7 yrs

Jijun Hu

TITLE
Independent Director
COMPENSATION
CN¥8K
AGE
54
TENURE
12.3 yrs

Nelson N.S. Wong

TITLE
Independent Director
COMPENSATION
CN¥8K
AGE
56
TENURE
12.3 yrs

Shudong Zhao

TITLE
Independent Director
COMPENSATION
CN¥8K
AGE
73
TENURE
7.3 yrs

Ralph Hornblower

TITLE
Director
TENURE
0.3 yrs

Yonggang Duan

TITLE
Independent Director
TENURE
0.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Recon Technology's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Recon Technology has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Recon Technology, Ltd. provides hardware, software, and on-site services to companies in the petroleum mining and extraction industry in the People’s Republic of China. The company offers equipment, tools, and other hardware related to oilfield production and management, and transportation; and develops and sells industrial automation control and information solutions. It also provides equipment for oil and gas production and transportation, including heating furnaces and burner, as well as enhancing techniques comprising packers of fracturing; production packers; sand prevention in oil and water wells; water locating and plugging techniques; fissure shaper; fracture acidizing technique; and electronic broken-down service to resolve block-up and freezing problems. In addition, the company offers automation systems and services, including pumping unit controller that monitors the pumping units and collects data; RTU to monitor natural gas wells and collect gas well pressure data; wireless dynamometers and wireless pressure gauges; electric multi-way valves for oilfield metering station flow control; and natural gas flow computer systems. Further, it provides Recon SCADA oilfield monitor and data acquisition system for supervision and data collection; EPC service of pipeline SCADA system for pipeline monitoring and data acquisition; EPC service of oil and gas wells SCADA system for monitoring and data acquisition of oil wells and natural gas wells; EPC service of oilfield video surveillance and control system to control the oil and gas wellhead and measurement station areas; and technique service for digital oilfield transformation. Additionally, the company offers oilfield waste water treatment solutions and related chemicals; and oily sludge disposal solutions. Recon Technology, Ltd. was incorporated in 2007 and is headquartered in Beijing, the People’s Republic of China.

Details
Name: Recon Technology, Ltd.
HRC1
Exchange: DB
Founded: 2007
$6,455,078
4,611,720
Website: http://www.recon.cn
Address: Recon Technology, Ltd.
King Long International Mansion,
Building C,
Beijing,
100107,
China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM RCON Ordinary Shares Nasdaq Capital Market US USD 30. Jul 2009
DB HRC1 Ordinary Shares Deutsche Boerse AG DE EUR 30. Jul 2009
LSE 0Z32 Ordinary Shares London Stock Exchange GB USD 30. Jul 2009
Number of employees
Current staff
Staff numbers
129
Recon Technology employees.
Industry
Oil and Gas Equipment and Services
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/06 22:56
End of day share price update: 2020/03/31 00:00
Last estimates confirmation: 2020/03/19
Last earnings filing: 2020/03/18
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/06/30


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Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.