About
About Recon Technology Ltd
Recon Technology, Ltd. provides hardware, software, and on-site services to companies in the petroleum mining and extraction industry in China. It operates through four segments: automation product and software, equipment and accessories, oilfield environmental protection, and platform outsourcing services. The Company offers specialized equipment, automation systems, tools, chemicals, outsourcing platform services, and field services to energy industry companies; equipment, tools, and other components and parts related to oilfield production and other energy industries; and develops and sells industrial automation control and information solutions. It is also involved in designing, testing, and implementing solutions for sewage, oily sludge treatment; and produces and sells integrated equipment and project services. In addition, the company develops, upgrades, and maintains online operation platform of gas stations, marketing, and promotion related services, as well as engages in production and efficiency of exploited oil wells business and plastic chemical cycle activities. Further, it provides equipment for oil and gas production and transportation, including heating furnaces, burner, waste water and oil treatment products and services, chemical recycling plan, automation system and service; and operates platform services comprising intelligent marketing system and digitalization solution for gas stations. Recon Technology, Ltd. was incorporated in 2007 and is based in Beijing, China.
Research context
Recon Technology Ltd appears in PyInvesting’s US Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- USD
- Sector
- Energy
- Industry
- Oil & Gas Equipment & Services
These are the latest stored catalogue classifications, not a historical classification snapshot. An issuer description, classification effective date or currency may be unavailable. Check the issuer’s own disclosures and the observation dates before using these fields for research.
Review backtest assumptions and evidence before treating a chart or stored history as a research result.
Visit company website
5 years, 6 months ago
Recon Technology, Ltd is currently in a long term downtrend where the price is trading 15.4% below its 200 day moving average.
From a valuation standpoint, the stock is 71.4% cheaper than other stocks from the Energy sector with a price to sales ratio of 2.3.
Recon Technology, Ltd's total revenue sank by 41.9% to $18M since the same quarter in the previous year.
Its net income has increased by 6.4% to $-6M since the same quarter in the previous year.
Finally, its free cash flow fell by 716.9% to $-9M since the same quarter in the previous year.
Based on the above factors, Recon Technology, Ltd gets an overall score of 2/5.