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.
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
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
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
is considered below, and whether this is a fair price.
Price based on past earnings
Recon Technology's earnings available for a low price, and how does
this compare to other companies in the same industry?
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.
Recon Technology's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
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.
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.
A company's financial position is much like your own financial position,
it includes everything you own
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.
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.
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
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.
Nearly all companies have debt. Debt in itself isn’t
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.
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.
TENURE AS CEO
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.
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
management team in years:
The average tenure for the Recon Technology management team is over 5 years, this suggests they are a seasoned and experienced team.
CFO & Company Secretary
CTO & Director
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The tenure for the Recon Technology board of directors is about average.
Board of Directors
CTO & Director
Nelson N.S. Wong
Who owns this company?
Recent Insider Trading
No 3 month open market individual insider trading information.
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.
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