View Future GrowthRecon Technology 過去の業績過去 基準チェック /06Recon Technologyの収益は年間平均-35.3%の割合で減少していますが、 Energy Services業界の収益は年間 増加しています。収益は年間43.7% 5.2%割合で 増加しています。主要情報-35.34%収益成長率-6.29%EPS成長率Energy Services 業界の成長23.71%収益成長率5.20%株主資本利益率-6.69%ネット・マージン-25.46%前回の決算情報31 Dec 2025最近の業績更新Reported Earnings • Mar 19First half 2026 earnings: EPS and revenues exceed analyst expectationsFirst half 2026 results: CN¥0.61 loss per share (improved from CN¥2.29 loss in 1H 2025). Revenue: CN¥85.0m (up 102% from 1H 2025). Net loss: CN¥5.82m (loss narrowed 72% from 1H 2025). Revenue exceeded analyst estimates by 163%. Earnings per share (EPS) also surpassed analyst estimates by 83%. Revenue is expected to decline by 21% p.a. on average during the next 2 years, while revenues in the Energy Services industry in the US are expected to grow by 4.2%. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has fallen by 44% per year, which means it is significantly lagging earnings.Reported Earnings • Oct 15Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: CN¥4.68 loss per share (improved from CN¥9.88 loss in FY 2024). Revenue: CN¥66.3m (down 3.7% from FY 2024). Net loss: CN¥42.6m (loss narrowed 15% from FY 2024). Revenue missed analyst estimates by 9.0%. Earnings per share (EPS) exceeded analyst estimates by 36%. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has fallen by 52% per year, which means it is performing significantly worse than earnings.Reported Earnings • Oct 29Full year 2023 earnings releasedFull year 2023 results: Revenue: CN¥67.1m (down 20% from FY 2022). Net loss: CN¥59.2m (down 162% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has fallen by 39% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 27First half 2023 earnings: EPS and revenues miss analyst expectationsFirst half 2023 results: CN¥0.88 loss per share (down from CN¥4.08 profit in 1H 2022). Revenue: CN¥45.6m (down 16% from 1H 2022). Net loss: CN¥29.9m (down 127% from profit in 1H 2022). Revenue missed analyst estimates by 25%. Earnings per share (EPS) also missed analyst estimates by 61%. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Energy Services industry in the US. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings.Reported Earnings • Oct 28Third quarter 2022 earnings released: CN¥0.24 loss per share (vs CN¥0.39 loss in 3Q 2021)Third quarter 2022 results: CN¥0.24 loss per share. Revenue: CN¥14.7m (up 29% from 3Q 2021). Net loss: CN¥7.89m (loss widened 14% from 3Q 2021). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Energy Services industry in the US.分析記事 • Apr 07We Think Shareholders Should Be Aware Of Some Factors Beyond Recon Technology's (NASDAQ:RCON) ProfitAfter announcing healthy earnings, Recon Technology, Ltd.'s ( NASDAQ:RCON ) stock rose over the last week. While the...すべての更新を表示Recent updatesReported Earnings • Mar 19First half 2026 earnings: EPS and revenues exceed analyst expectationsFirst half 2026 results: CN¥0.61 loss per share (improved from CN¥2.29 loss in 1H 2025). Revenue: CN¥85.0m (up 102% from 1H 2025). Net loss: CN¥5.82m (loss narrowed 72% from 1H 2025). Revenue exceeded analyst estimates by 163%. Earnings per share (EPS) also surpassed analyst estimates by 83%. Revenue is expected to decline by 21% p.a. on average during the next 2 years, while revenues in the Energy Services industry in the US are expected to grow by 4.2%. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has fallen by 44% per year, which means it is significantly lagging earnings.New Risk • Mar 03New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 16% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 31% per year over the past 5 years. Minor Risks Currently unprofitable and not forecast to become profitable next year (CN¥77m net loss next year). Share price has been volatile over the past 3 months (16% average weekly change). Market cap is less than US$100m (US$36.4m market cap).分析記事 • Feb 07Here's Why It's Unlikely That Recon Technology, Ltd.'s (NASDAQ:RCON) CEO Will See A Pay Rise This YearKey Insights Recon Technology to hold its Annual General Meeting on 13th of February Salary of CN¥3.38m is part of CEO...お知らせ • Jan 02Recon Technology, Ltd., Annual General Meeting, Feb 13, 2026Recon Technology, Ltd., Annual General Meeting, Feb 13, 2026, at 10:00 China Standard Time. Location: companys headquarters at room 601, no. 1 shuian south street, chaoyang district, 100012, beijing ChinaReported Earnings • Oct 15Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: CN¥4.68 loss per share (improved from CN¥9.88 loss in FY 2024). Revenue: CN¥66.3m (down 3.7% from FY 2024). Net loss: CN¥42.6m (loss narrowed 15% from FY 2024). Revenue missed analyst estimates by 9.0%. Earnings per share (EPS) exceeded analyst estimates by 36%. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has fallen by 52% per year, which means it is performing significantly worse than earnings.お知らせ • Aug 26Recon Technology Ltd. Announces Chemical Recycling Plant Construction Finished as Project Nears Production LaunchRecon Technology Ltd. announced that the main manufacturing plant for Shandong Recon Renewable Resources Technology Co., Ltd. ("Shandong Recon")'s 40,000-ton-per-year waste plastic chemical recycling project ("Recon Plastic Chemical Recycling Project") was successfully topped out. This marks a key breakthrough in the project's construction, as it officially enters the equipment installation and commissioning phase. To date, the Company has invested over $15 million in this project. The project is expected to be fully completed by November 2025, and a required one-month trial operations production phase will commence in December 2025, in accordance with domestic regulatory laws, rules, and regulations. The Recon Plastic Chemical Recycling Project spans an area of approximately 50 acres. Upon completion and commencement of operations, the main construction components of the project will include six pyrolysis units, two distillation units, and corresponding environmental protection facilities. The project is expected to produce 30,000 tons of plastic pyrolysis oil and 6,000 tons of carbon residue annually, generating an estimated $30 million in annual returns and achieving the high-value conversion of waste plastic resources. Technologically, the Recon plastic Chemical Recycling Project adopts a dual-process approach combining catalytic pyrolysis and catalytic reforming. The pyrolysis process employs a "horizontal screw-type three-stage continuous reactor" for the first time, and effectively addressing the technical challenge of plastic coking in traditional processes and ensuring stable and continuous feedstock supply. Additionally, the introduction of catalytic reforming significantly increases the olefin content of the pyrolysis oil, substantially enhancing its value and competitiveness in the market. These technological breakthroughs are leading-edge applications in the global plastic pyrolysis field. Currently, the primary raw material for this project is membrane film-type waste plastic, which is difficult to process using physical recycling methods.New Risk • Jun 17New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings are forecast to decline by an average of 30% per year for the foreseeable future. Shareholders have been substantially diluted in the past year (87% increase in shares outstanding). Minor Risks Currently unprofitable and not forecast to become profitable next year (CN¥73m net loss next year). Market cap is less than US$100m (US$58.5m market cap).New Risk • May 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 30% per year for the foreseeable future. Shareholders have been substantially diluted in the past year (87% increase in shares outstanding). Minor Risks Currently unprofitable and not forecast to become profitable next year (CN¥73m net loss next year). Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (US$49.8m market cap).分析記事 • May 09Here's Why Shareholders Should Examine Recon Technology, Ltd.'s (NASDAQ:RCON) CEO Compensation Package More CloselyKey Insights Recon Technology to hold its Annual General Meeting on 15th of May CEO Shenping Yin's total compensation...お知らせ • Mar 28Recon Technology, Ltd., Annual General Meeting, May 15, 2025Recon Technology, Ltd., Annual General Meeting, May 15, 2025, at 10:00 China Standard Time. Location: companys headquarters at room 601, no. 1 shuian south street, chaoyang district, 100012, beijing ChinaBoard Change • Feb 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Independent Director Zhongchen Hu was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.New Risk • Nov 07New major risk - Revenue and earnings growthEarnings have declined by 12% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 12% per year over the past 5 years. Shareholders have been substantially diluted in the past year (197% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (US$74.0m market cap).Board Change • Oct 17Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Yonggang Duan was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Oct 10Recon Technology, Ltd. Announces Board ChangesOn October 9, 2024, Mr. Shudong Zhao, an independent director, submitted his resignation to the Board of Directors (the “Board”) due to personal reasons. There was no disagreement between the Company and Mr. Zhao. The Board accepted the resignation and appointed Mr. Hu Zhongchen to fill the vacancy on October 9, 2024. Mr. Hu is retired from Baotou Steel (Group) Co., Ltd. after having been employed from 1979 to 2014. Mr. Hu received his bachelor’s degree in Business Management in 1979 from Inner Mongolia University of Technology. He possesses a China’s Senior Economist certificate. Mr. Hu was chosen to serve as a director because of his expertise and experience in economic management and deep understanding of China’s energy industry.お知らせ • Sep 12Recon Technology, Ltd. has filed a Follow-on Equity Offering in the amount of $20 million.Recon Technology, Ltd. has filed a Follow-on Equity Offering in the amount of $20 million. Security Name: Class A Ordinary Shares Security Type: Common Stockお知らせ • May 24Recon Technology Regains Nasdaq Compliance and Hearing MootRecon Technology, Ltd. (‘Recon’ or the ‘Company’) announced that on May 22, 2024, it had received a letter dated May 22, 2024 (the ‘Compliance Letter’) from the Listing Qualifications Hearings Department of Nasdaq notifying the Company that (i) the Company's bid price deficiency had been cured and (ii) the Company was in compliance with all applicable listing standards. Accordingly, the Compliance Letter provided that the Company's scheduled hearing had been determined to be moot and had been cancelled, and the Company's ordinary shares will continue to be listed and traded on The Nasdaq Capital Market.New Risk • May 17New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (91% increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Currently unprofitable and not forecast to become profitable over next 2 years (CN¥40m net loss in 2 years). Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (US$26.4m market cap).お知らせ • Apr 30Recon Technology Receives Nasdaq Delisting Determination and Submits Appeal to a Hearings PanelRecon Technology, Ltd. (‘Recon’ or the ‘Company’) announced that on April 23, 2024, it has received a Staff determination letter (the ‘Letter’) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (‘Nasdaq’), notifying the Company of the Staff's determination to delist the Company's securities from The Nasdaq Capital Market because the Company currently fails to satisfy the requirement that the closing bid price of its securities remain at $1.00 or higher as required by Nasdaq Listing Rule 5810(c)(3)(A) (the ‘Minimum Bid Price Rule’). The Company had received a period of 180 calendar days and a second period of an additional 180 calendar days to return to compliance with the Minimum Bid Price Rule, which compliance period expired on April 22, 2024. As of April 22, 2024, the Company did not regain compliance with Listing Rule 5550(a)(2) which was triggered since the bid price of the Company's listed securities had closed at less than $1.00 per share over the previous 30 consecutive business days. Pursuant to the Letter, unless the Company requests an appeal of the Letter, trading of the Company's ordinary shares will be suspended at the opening of business on May 2, 2024, and a Form 25-NSE will be filed with the Securities and Exchange Commission (the ‘SEC’), which will remove the Company's securities from listing and registration on the Nasdaq Stock Market. The Company has already appealed the Staff's determination to a Hearings Panel (the ‘Panel’), and separately the Company expects the recently approved consolidation of its Class A ordinary shares will take effect on May 1, 2024. The Company's hearing request submission will stay the suspension of the Company's securities and the filing of the Form 25-NSE pending the Panel's decision.New Risk • Apr 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (212% increase in shares outstanding). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (CN¥40m net loss in 2 years). Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (US$20.1m market cap).お知らせ • Feb 14Recon Technology, Ltd., Annual General Meeting, Mar 29, 2024Recon Technology, Ltd., Annual General Meeting, Mar 29, 2024, at 10:00 China Standard Time. Location: the Company’s headquarters at Room 601, No. 1 Shui’an South Street, Chaoyang District, Beijing 100012, People’s Republic of China Beijing China Agenda: To discuss appoint as Class II members of the board of directors of the Company (the “Board”), to serve a term expiring at the first Annual General Meeting of the Company held following the end of the fiscal year ending June 30, 2026, or until their successors are duly elected and qualified; to appointment of Enrome LLP as the Company’s independent registered public accounting firm for the fiscal year ending June 30, 2024 be ratified, confirmed and approved in all respects; and to discuss other matters.New Risk • Feb 06New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 340% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (340% increase in shares outstanding). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (CN¥30m net loss in 2 years). Market cap is less than US$100m (US$25.3m market cap).New Risk • Jan 30New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: US$9.76m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (US$9.76m market cap). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (CN¥30m net loss in 2 years). Shareholders have been diluted in the past year (44% increase in shares outstanding).New Risk • Nov 02New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: US$9.78m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (US$9.78m market cap). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (CN¥30m net loss in 2 years). Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (36% increase in shares outstanding).Reported Earnings • Oct 29Full year 2023 earnings releasedFull year 2023 results: Revenue: CN¥67.1m (down 20% from FY 2022). Net loss: CN¥59.2m (down 162% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has fallen by 39% per year, which means it is significantly lagging earnings.お知らせ • Oct 28Recon Receives NASDAQ Minimum Bid Price Requirement ExtensionRecon Technology, Ltd. announced that on October 25, 2023, it received notification from The Nasdaq Stock Market LLC ("NASDAQ") confirming the Company has been granted an additional 180 calendar day period for compliance under its minimum bid price requirement through April 22, 2024. To regain compliance with NASDAQ's minimum bid price requirement, the closing bid price of the Company's ordinary shares needs to be at least $1.00 per share or greater for at least ten consecutive trading days by April 22, 2024.New Risk • Oct 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 9.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Currently unprofitable and not forecast to become profitable next year (CN¥43m net loss next year). Share price has been volatile over the past 3 months (9.2% average weekly change). Shareholders have been diluted in the past year (36% increase in shares outstanding). Market cap is less than US$100m (US$17.5m market cap).New Risk • Oct 10New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Currently unprofitable and not forecast to become profitable next year (CN¥43m net loss next year). Shareholders have been diluted in the past year (36% increase in shares outstanding). Market cap is less than US$100m (US$13.7m market cap).Board Change • Apr 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. CFO, Company Secretary & Director Jia Liu was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 27First half 2023 earnings: EPS and revenues miss analyst expectationsFirst half 2023 results: CN¥0.88 loss per share (down from CN¥4.08 profit in 1H 2022). Revenue: CN¥45.6m (down 16% from 1H 2022). Net loss: CN¥29.9m (down 127% from profit in 1H 2022). Revenue missed analyst estimates by 25%. Earnings per share (EPS) also missed analyst estimates by 61%. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Energy Services industry in the US. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Feb 27Investor sentiment improves as stock rises 16%After last week's 16% share price gain to US$1.86, the stock trades at a trailing P/E ratio of 4.6x. Average forward P/E is 12x in the Energy Services industry in the US. Total loss to shareholders of 23% over the past three years.Valuation Update With 7 Day Price Move • Jan 19Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to US$1.25, the stock trades at a trailing P/E ratio of 3x. Average forward P/E is 13x in the Energy Services industry in the US. Total loss to shareholders of 48% over the past three years.Valuation Update With 7 Day Price Move • Dec 28Investor sentiment improved over the past weekAfter last week's 15% share price gain to US$1.32, the stock trades at a trailing P/E ratio of 3.3x. Average forward P/E is 13x in the Energy Services industry in the US. Total loss to shareholders of 43% over the past three years.Valuation Update With 7 Day Price Move • Dec 12Investor sentiment improved over the past weekAfter last week's 19% share price gain to US$1.06, the stock trades at a trailing P/E ratio of 2.6x. Average forward P/E is 12x in the Energy Services industry in the US. Total loss to shareholders of 71% over the past three years.Reported Earnings • Oct 28Third quarter 2022 earnings released: CN¥0.24 loss per share (vs CN¥0.39 loss in 3Q 2021)Third quarter 2022 results: CN¥0.24 loss per share. Revenue: CN¥14.7m (up 29% from 3Q 2021). Net loss: CN¥7.89m (loss widened 14% from 3Q 2021). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Energy Services industry in the US.分析記事 • Apr 07We Think Shareholders Should Be Aware Of Some Factors Beyond Recon Technology's (NASDAQ:RCON) ProfitAfter announcing healthy earnings, Recon Technology, Ltd.'s ( NASDAQ:RCON ) stock rose over the last week. While the...Reported Earnings • Apr 02First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (up CN¥8.94m from 1H 2021). Profit margin: (up from net loss in 1H 2021). The move to profitability was driven by lower expenses. Over the next year, revenue is forecast to grow 32%, compared to a 19% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has fallen by 41% per year, which means it is significantly lagging earnings.Breakeven Date Change • Apr 01Forecast to breakeven in 2022The analyst covering Recon Technology expects the company to break even for the first time. New forecast suggests the company will make a profit of CN¥101.4m in 2022.Seeking Alpha • Jan 29Revisiting Recon Technology: The EV Is Negative And Being Short No Longer Looks AppealingThe company finished FY21 with revenues of $7.41 million and a loss of $3.54 million. I continue to think the business isn't worth much in its current state but I’m no longer comfortable being bearish. The reason for this is that the enterprise value is minus $10.7 million as of the time of writing. In my view, bears could be better off closing their positions.Board Change • Dec 27Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. Independent Director Yonggang Duan was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.収支内訳Recon Technology の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史NasdaqCM:RCON 収益、費用、利益 ( )CNY Millions日付収益収益G+A経費研究開発費31 Dec 25109-28591430 Sep 2588-35581530 Jun 2566-43561631 Mar 2566-45681731 Dec 2466-48801830 Sep 2467-49791630 Jun 2469-50781431 Mar 2468-51811231 Dec 2367-52831030 Sep 2367-56811030 Jun 2367-5978931 Mar 2371-5274931 Dec 2275-4669930 Sep 22792581930 Jun 22849693931 Mar 22809795831 Dec 21779796830 Sep 21633779730 Jun 2148-2362631 Mar 2154-2245731 Dec 2061-2129830 Sep 2063-2031730 Jun 2066-1933731 Mar 2078-2139631 Dec 1991-2245430 Sep 1996-2448430 Jun 19102-2551331 Mar 1987-3545331 Dec 1874-3743330 Sep 1894-4245330 Jun 1885-4442331 Mar 1886-4249331 Dec 1775-3942430 Sep 1764-3341830 Jun 1760-3139831 Mar 1750-3741831 Dec 1648-3945730 Sep 1647-3739630 Jun 1643-4140731 Mar 1643-5249731 Dec 1558-4445730 Sep 1551-3644530 Jun 1552-31414質の高い収益: RCONは現在利益が出ていません。利益率の向上: RCONは現在利益が出ていません。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: RCONは利益が出ておらず、過去 5 年間で損失は年間35.3%の割合で増加しています。成長の加速: RCONの過去 1 年間の収益成長を 5 年間の平均と比較することはできません。現在は利益が出ていないためです。収益対業界: RCONは利益が出ていないため、過去 1 年間の収益成長をEnergy Services業界 ( -26.6% ) と比較することは困難です。株主資本利益率高いROE: RCONは現在利益が出ていないため、自己資本利益率 ( -6.69% ) はマイナスです。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YEnergy 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/18 15:53終値2026/05/15 00:00収益2025/12/31年間収益2025/06/30データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Recon Technology, Ltd. 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。2 アナリスト機関Han JangMaxim GroupTate SullivanMaxim Group
Reported Earnings • Mar 19First half 2026 earnings: EPS and revenues exceed analyst expectationsFirst half 2026 results: CN¥0.61 loss per share (improved from CN¥2.29 loss in 1H 2025). Revenue: CN¥85.0m (up 102% from 1H 2025). Net loss: CN¥5.82m (loss narrowed 72% from 1H 2025). Revenue exceeded analyst estimates by 163%. Earnings per share (EPS) also surpassed analyst estimates by 83%. Revenue is expected to decline by 21% p.a. on average during the next 2 years, while revenues in the Energy Services industry in the US are expected to grow by 4.2%. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has fallen by 44% per year, which means it is significantly lagging earnings.
Reported Earnings • Oct 15Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: CN¥4.68 loss per share (improved from CN¥9.88 loss in FY 2024). Revenue: CN¥66.3m (down 3.7% from FY 2024). Net loss: CN¥42.6m (loss narrowed 15% from FY 2024). Revenue missed analyst estimates by 9.0%. Earnings per share (EPS) exceeded analyst estimates by 36%. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has fallen by 52% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Oct 29Full year 2023 earnings releasedFull year 2023 results: Revenue: CN¥67.1m (down 20% from FY 2022). Net loss: CN¥59.2m (down 162% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has fallen by 39% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 27First half 2023 earnings: EPS and revenues miss analyst expectationsFirst half 2023 results: CN¥0.88 loss per share (down from CN¥4.08 profit in 1H 2022). Revenue: CN¥45.6m (down 16% from 1H 2022). Net loss: CN¥29.9m (down 127% from profit in 1H 2022). Revenue missed analyst estimates by 25%. Earnings per share (EPS) also missed analyst estimates by 61%. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Energy Services industry in the US. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings.
Reported Earnings • Oct 28Third quarter 2022 earnings released: CN¥0.24 loss per share (vs CN¥0.39 loss in 3Q 2021)Third quarter 2022 results: CN¥0.24 loss per share. Revenue: CN¥14.7m (up 29% from 3Q 2021). Net loss: CN¥7.89m (loss widened 14% from 3Q 2021). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Energy Services industry in the US.
分析記事 • Apr 07We Think Shareholders Should Be Aware Of Some Factors Beyond Recon Technology's (NASDAQ:RCON) ProfitAfter announcing healthy earnings, Recon Technology, Ltd.'s ( NASDAQ:RCON ) stock rose over the last week. While the...
Reported Earnings • Mar 19First half 2026 earnings: EPS and revenues exceed analyst expectationsFirst half 2026 results: CN¥0.61 loss per share (improved from CN¥2.29 loss in 1H 2025). Revenue: CN¥85.0m (up 102% from 1H 2025). Net loss: CN¥5.82m (loss narrowed 72% from 1H 2025). Revenue exceeded analyst estimates by 163%. Earnings per share (EPS) also surpassed analyst estimates by 83%. Revenue is expected to decline by 21% p.a. on average during the next 2 years, while revenues in the Energy Services industry in the US are expected to grow by 4.2%. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has fallen by 44% per year, which means it is significantly lagging earnings.
New Risk • Mar 03New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 16% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 31% per year over the past 5 years. Minor Risks Currently unprofitable and not forecast to become profitable next year (CN¥77m net loss next year). Share price has been volatile over the past 3 months (16% average weekly change). Market cap is less than US$100m (US$36.4m market cap).
分析記事 • Feb 07Here's Why It's Unlikely That Recon Technology, Ltd.'s (NASDAQ:RCON) CEO Will See A Pay Rise This YearKey Insights Recon Technology to hold its Annual General Meeting on 13th of February Salary of CN¥3.38m is part of CEO...
お知らせ • Jan 02Recon Technology, Ltd., Annual General Meeting, Feb 13, 2026Recon Technology, Ltd., Annual General Meeting, Feb 13, 2026, at 10:00 China Standard Time. Location: companys headquarters at room 601, no. 1 shuian south street, chaoyang district, 100012, beijing China
Reported Earnings • Oct 15Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: CN¥4.68 loss per share (improved from CN¥9.88 loss in FY 2024). Revenue: CN¥66.3m (down 3.7% from FY 2024). Net loss: CN¥42.6m (loss narrowed 15% from FY 2024). Revenue missed analyst estimates by 9.0%. Earnings per share (EPS) exceeded analyst estimates by 36%. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has fallen by 52% per year, which means it is performing significantly worse than earnings.
お知らせ • Aug 26Recon Technology Ltd. Announces Chemical Recycling Plant Construction Finished as Project Nears Production LaunchRecon Technology Ltd. announced that the main manufacturing plant for Shandong Recon Renewable Resources Technology Co., Ltd. ("Shandong Recon")'s 40,000-ton-per-year waste plastic chemical recycling project ("Recon Plastic Chemical Recycling Project") was successfully topped out. This marks a key breakthrough in the project's construction, as it officially enters the equipment installation and commissioning phase. To date, the Company has invested over $15 million in this project. The project is expected to be fully completed by November 2025, and a required one-month trial operations production phase will commence in December 2025, in accordance with domestic regulatory laws, rules, and regulations. The Recon Plastic Chemical Recycling Project spans an area of approximately 50 acres. Upon completion and commencement of operations, the main construction components of the project will include six pyrolysis units, two distillation units, and corresponding environmental protection facilities. The project is expected to produce 30,000 tons of plastic pyrolysis oil and 6,000 tons of carbon residue annually, generating an estimated $30 million in annual returns and achieving the high-value conversion of waste plastic resources. Technologically, the Recon plastic Chemical Recycling Project adopts a dual-process approach combining catalytic pyrolysis and catalytic reforming. The pyrolysis process employs a "horizontal screw-type three-stage continuous reactor" for the first time, and effectively addressing the technical challenge of plastic coking in traditional processes and ensuring stable and continuous feedstock supply. Additionally, the introduction of catalytic reforming significantly increases the olefin content of the pyrolysis oil, substantially enhancing its value and competitiveness in the market. These technological breakthroughs are leading-edge applications in the global plastic pyrolysis field. Currently, the primary raw material for this project is membrane film-type waste plastic, which is difficult to process using physical recycling methods.
New Risk • Jun 17New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings are forecast to decline by an average of 30% per year for the foreseeable future. Shareholders have been substantially diluted in the past year (87% increase in shares outstanding). Minor Risks Currently unprofitable and not forecast to become profitable next year (CN¥73m net loss next year). Market cap is less than US$100m (US$58.5m market cap).
New Risk • May 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 30% per year for the foreseeable future. Shareholders have been substantially diluted in the past year (87% increase in shares outstanding). Minor Risks Currently unprofitable and not forecast to become profitable next year (CN¥73m net loss next year). Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (US$49.8m market cap).
分析記事 • May 09Here's Why Shareholders Should Examine Recon Technology, Ltd.'s (NASDAQ:RCON) CEO Compensation Package More CloselyKey Insights Recon Technology to hold its Annual General Meeting on 15th of May CEO Shenping Yin's total compensation...
お知らせ • Mar 28Recon Technology, Ltd., Annual General Meeting, May 15, 2025Recon Technology, Ltd., Annual General Meeting, May 15, 2025, at 10:00 China Standard Time. Location: companys headquarters at room 601, no. 1 shuian south street, chaoyang district, 100012, beijing China
Board Change • Feb 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Independent Director Zhongchen Hu was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
New Risk • Nov 07New major risk - Revenue and earnings growthEarnings have declined by 12% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 12% per year over the past 5 years. Shareholders have been substantially diluted in the past year (197% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (US$74.0m market cap).
Board Change • Oct 17Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Yonggang Duan was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Oct 10Recon Technology, Ltd. Announces Board ChangesOn October 9, 2024, Mr. Shudong Zhao, an independent director, submitted his resignation to the Board of Directors (the “Board”) due to personal reasons. There was no disagreement between the Company and Mr. Zhao. The Board accepted the resignation and appointed Mr. Hu Zhongchen to fill the vacancy on October 9, 2024. Mr. Hu is retired from Baotou Steel (Group) Co., Ltd. after having been employed from 1979 to 2014. Mr. Hu received his bachelor’s degree in Business Management in 1979 from Inner Mongolia University of Technology. He possesses a China’s Senior Economist certificate. Mr. Hu was chosen to serve as a director because of his expertise and experience in economic management and deep understanding of China’s energy industry.
お知らせ • Sep 12Recon Technology, Ltd. has filed a Follow-on Equity Offering in the amount of $20 million.Recon Technology, Ltd. has filed a Follow-on Equity Offering in the amount of $20 million. Security Name: Class A Ordinary Shares Security Type: Common Stock
お知らせ • May 24Recon Technology Regains Nasdaq Compliance and Hearing MootRecon Technology, Ltd. (‘Recon’ or the ‘Company’) announced that on May 22, 2024, it had received a letter dated May 22, 2024 (the ‘Compliance Letter’) from the Listing Qualifications Hearings Department of Nasdaq notifying the Company that (i) the Company's bid price deficiency had been cured and (ii) the Company was in compliance with all applicable listing standards. Accordingly, the Compliance Letter provided that the Company's scheduled hearing had been determined to be moot and had been cancelled, and the Company's ordinary shares will continue to be listed and traded on The Nasdaq Capital Market.
New Risk • May 17New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (91% increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Currently unprofitable and not forecast to become profitable over next 2 years (CN¥40m net loss in 2 years). Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (US$26.4m market cap).
お知らせ • Apr 30Recon Technology Receives Nasdaq Delisting Determination and Submits Appeal to a Hearings PanelRecon Technology, Ltd. (‘Recon’ or the ‘Company’) announced that on April 23, 2024, it has received a Staff determination letter (the ‘Letter’) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (‘Nasdaq’), notifying the Company of the Staff's determination to delist the Company's securities from The Nasdaq Capital Market because the Company currently fails to satisfy the requirement that the closing bid price of its securities remain at $1.00 or higher as required by Nasdaq Listing Rule 5810(c)(3)(A) (the ‘Minimum Bid Price Rule’). The Company had received a period of 180 calendar days and a second period of an additional 180 calendar days to return to compliance with the Minimum Bid Price Rule, which compliance period expired on April 22, 2024. As of April 22, 2024, the Company did not regain compliance with Listing Rule 5550(a)(2) which was triggered since the bid price of the Company's listed securities had closed at less than $1.00 per share over the previous 30 consecutive business days. Pursuant to the Letter, unless the Company requests an appeal of the Letter, trading of the Company's ordinary shares will be suspended at the opening of business on May 2, 2024, and a Form 25-NSE will be filed with the Securities and Exchange Commission (the ‘SEC’), which will remove the Company's securities from listing and registration on the Nasdaq Stock Market. The Company has already appealed the Staff's determination to a Hearings Panel (the ‘Panel’), and separately the Company expects the recently approved consolidation of its Class A ordinary shares will take effect on May 1, 2024. The Company's hearing request submission will stay the suspension of the Company's securities and the filing of the Form 25-NSE pending the Panel's decision.
New Risk • Apr 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (212% increase in shares outstanding). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (CN¥40m net loss in 2 years). Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (US$20.1m market cap).
お知らせ • Feb 14Recon Technology, Ltd., Annual General Meeting, Mar 29, 2024Recon Technology, Ltd., Annual General Meeting, Mar 29, 2024, at 10:00 China Standard Time. Location: the Company’s headquarters at Room 601, No. 1 Shui’an South Street, Chaoyang District, Beijing 100012, People’s Republic of China Beijing China Agenda: To discuss appoint as Class II members of the board of directors of the Company (the “Board”), to serve a term expiring at the first Annual General Meeting of the Company held following the end of the fiscal year ending June 30, 2026, or until their successors are duly elected and qualified; to appointment of Enrome LLP as the Company’s independent registered public accounting firm for the fiscal year ending June 30, 2024 be ratified, confirmed and approved in all respects; and to discuss other matters.
New Risk • Feb 06New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 340% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (340% increase in shares outstanding). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (CN¥30m net loss in 2 years). Market cap is less than US$100m (US$25.3m market cap).
New Risk • Jan 30New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: US$9.76m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (US$9.76m market cap). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (CN¥30m net loss in 2 years). Shareholders have been diluted in the past year (44% increase in shares outstanding).
New Risk • Nov 02New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: US$9.78m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (US$9.78m market cap). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (CN¥30m net loss in 2 years). Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (36% increase in shares outstanding).
Reported Earnings • Oct 29Full year 2023 earnings releasedFull year 2023 results: Revenue: CN¥67.1m (down 20% from FY 2022). Net loss: CN¥59.2m (down 162% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has fallen by 39% per year, which means it is significantly lagging earnings.
お知らせ • Oct 28Recon Receives NASDAQ Minimum Bid Price Requirement ExtensionRecon Technology, Ltd. announced that on October 25, 2023, it received notification from The Nasdaq Stock Market LLC ("NASDAQ") confirming the Company has been granted an additional 180 calendar day period for compliance under its minimum bid price requirement through April 22, 2024. To regain compliance with NASDAQ's minimum bid price requirement, the closing bid price of the Company's ordinary shares needs to be at least $1.00 per share or greater for at least ten consecutive trading days by April 22, 2024.
New Risk • Oct 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 9.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Currently unprofitable and not forecast to become profitable next year (CN¥43m net loss next year). Share price has been volatile over the past 3 months (9.2% average weekly change). Shareholders have been diluted in the past year (36% increase in shares outstanding). Market cap is less than US$100m (US$17.5m market cap).
New Risk • Oct 10New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Currently unprofitable and not forecast to become profitable next year (CN¥43m net loss next year). Shareholders have been diluted in the past year (36% increase in shares outstanding). Market cap is less than US$100m (US$13.7m market cap).
Board Change • Apr 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. CFO, Company Secretary & Director Jia Liu was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 27First half 2023 earnings: EPS and revenues miss analyst expectationsFirst half 2023 results: CN¥0.88 loss per share (down from CN¥4.08 profit in 1H 2022). Revenue: CN¥45.6m (down 16% from 1H 2022). Net loss: CN¥29.9m (down 127% from profit in 1H 2022). Revenue missed analyst estimates by 25%. Earnings per share (EPS) also missed analyst estimates by 61%. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Energy Services industry in the US. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Feb 27Investor sentiment improves as stock rises 16%After last week's 16% share price gain to US$1.86, the stock trades at a trailing P/E ratio of 4.6x. Average forward P/E is 12x in the Energy Services industry in the US. Total loss to shareholders of 23% over the past three years.
Valuation Update With 7 Day Price Move • Jan 19Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to US$1.25, the stock trades at a trailing P/E ratio of 3x. Average forward P/E is 13x in the Energy Services industry in the US. Total loss to shareholders of 48% over the past three years.
Valuation Update With 7 Day Price Move • Dec 28Investor sentiment improved over the past weekAfter last week's 15% share price gain to US$1.32, the stock trades at a trailing P/E ratio of 3.3x. Average forward P/E is 13x in the Energy Services industry in the US. Total loss to shareholders of 43% over the past three years.
Valuation Update With 7 Day Price Move • Dec 12Investor sentiment improved over the past weekAfter last week's 19% share price gain to US$1.06, the stock trades at a trailing P/E ratio of 2.6x. Average forward P/E is 12x in the Energy Services industry in the US. Total loss to shareholders of 71% over the past three years.
Reported Earnings • Oct 28Third quarter 2022 earnings released: CN¥0.24 loss per share (vs CN¥0.39 loss in 3Q 2021)Third quarter 2022 results: CN¥0.24 loss per share. Revenue: CN¥14.7m (up 29% from 3Q 2021). Net loss: CN¥7.89m (loss widened 14% from 3Q 2021). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Energy Services industry in the US.
分析記事 • Apr 07We Think Shareholders Should Be Aware Of Some Factors Beyond Recon Technology's (NASDAQ:RCON) ProfitAfter announcing healthy earnings, Recon Technology, Ltd.'s ( NASDAQ:RCON ) stock rose over the last week. While the...
Reported Earnings • Apr 02First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (up CN¥8.94m from 1H 2021). Profit margin: (up from net loss in 1H 2021). The move to profitability was driven by lower expenses. Over the next year, revenue is forecast to grow 32%, compared to a 19% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has fallen by 41% per year, which means it is significantly lagging earnings.
Breakeven Date Change • Apr 01Forecast to breakeven in 2022The analyst covering Recon Technology expects the company to break even for the first time. New forecast suggests the company will make a profit of CN¥101.4m in 2022.
Seeking Alpha • Jan 29Revisiting Recon Technology: The EV Is Negative And Being Short No Longer Looks AppealingThe company finished FY21 with revenues of $7.41 million and a loss of $3.54 million. I continue to think the business isn't worth much in its current state but I’m no longer comfortable being bearish. The reason for this is that the enterprise value is minus $10.7 million as of the time of writing. In my view, bears could be better off closing their positions.
Board Change • Dec 27Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. Independent Director Yonggang Duan was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.