RCON official logo RCON
RCON 1-star rating from Upturn Advisory
Recon Technology Ltd (RCON) company logo

Recon Technology Ltd (RCON)

Recon Technology Ltd (RCON) 1-star rating from Upturn Advisory
$1.27
Last Close (24-hour delay)
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PASS
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Upturn Stock price based on last close icon Stock price based on last close
*as per simulation
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Upturn Advisory Summary

12/03/2025: RCON (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

1 star rating from financial analysts

1 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $2.01

1 Year Target Price $2.01

Analysts Price Target For last 52 week
$2.01 Target price
52w Low $1.13
Current$1.27
52w High $4.5

Analysis of Past Performance

Type Stock
Historic Profit -3.14%
Avg. Invested days 28
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 4.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 12/03/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 38.90M USD
Price to earnings Ratio -
1Y Target Price 2.01
Price to earnings Ratio -
1Y Target Price 2.01
Volume (30-day avg) 1
Beta 1.86
52 Weeks Range 1.13 - 4.50
Updated Date 12/3/2025
52 Weeks Range 1.13 - 4.50
Updated Date 12/3/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.66

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -64.25%
Operating Margin (TTM) -125.62%

Management Effectiveness

Return on Assets (TTM) -6.65%
Return on Equity (TTM) -9.25%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 33570320
Price to Sales(TTM) 0.59
Enterprise Value 33570320
Price to Sales(TTM) 0.59
Enterprise Value to Revenue 3.58
Enterprise Value to EBITDA 0.28
Shares Outstanding 10627426
Shares Floating 5692720
Shares Outstanding 10627426
Shares Floating 5692720
Percent Insiders 59.44
Percent Institutions 0.9

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

Recon Technology Ltd

Recon Technology Ltd(RCON) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

Recon Technology Ltd was founded in 2007 and is based in Beijing, China. It focuses on providing software, hardware, and services to the oilfield sector in China. Over time, it has expanded its offerings to include financial technology solutions.

Company business area logo Core Business Areas

  • Oilfield Services: Offers services and products for oilfield exploration and production, including data acquisition, processing, and interpretation. The company also offers downhole tools and equipment.
  • Financial Technology: Provides financial technology solutions, including online lending platforms and risk management systems. This segment helps facilitate and manage peer-to-peer lending and other financial transactions.

leadership logo Leadership and Structure

The leadership team typically includes a CEO, CFO, and other executives responsible for various departments. The organizational structure is hierarchical, with different divisions focusing on oilfield services and financial technology. As of recent filings, Shen Ping is Chairman and CEO.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Oilfield Data Acquisition Systems: Systems used to collect and analyze data during oilfield exploration and production. Market share data is difficult to ascertain precisely for Recon Technology Ltd, but the market includes competitors like Schlumberger and Halliburton. Recon Technology Ltd has a small market share in China.
  • Online Lending Platforms: Platforms facilitating peer-to-peer lending. No significant market share data available. Competitors include Lufax and Weidai (delisted).

Market Dynamics

industry overview logo Industry Overview

The oilfield services industry is affected by fluctuations in oil prices and demand. The fintech industry is growing rapidly, driven by increasing internet penetration and the demand for alternative financial services, however in China it is highly regulated.

Positioning

Recon Technology Ltd occupies a niche position, targeting smaller oilfields and financial technology clients in China. It faces intense competition from larger, more established players.

Total Addressable Market (TAM)

The TAM for oilfield services and financial technology is substantial. Oilfield services market is heavily dependant on oil price. The digital lending market in China was estimated at $365.8 Billion in 2022. Recon's position within this TAM is relatively small, facing strong competition.

Upturn SWOT Analysis

Strengths

  • Specialized Oilfield Services
  • Fintech Platform Development
  • Established presence in China

Weaknesses

  • Small Market Share
  • Financial Instability
  • Dependence on Chinese Market
  • Relatively low liquidity in their stock

Opportunities

  • Expansion into new geographic markets
  • Development of new financial technology solutions
  • Partnerships with larger oilfield companies

Threats

  • Fluctuations in oil prices
  • Increased competition in the fintech industry
  • Regulatory changes in China
  • Economic downturn in China

Competitors and Market Share

Key competitor logo Key Competitors

  • SLB
  • HAL
  • BEKE

Competitive Landscape

Recon Technology Ltd faces intense competition from larger, more established players in both the oilfield services and fintech industries. The company's smaller size and limited resources put it at a disadvantage.

Growth Trajectory and Initiatives

Historical Growth: Historical growth has been erratic, with periods of expansion followed by contractions. Growth has been hindered by operational and compliance issues.

Future Projections: Future growth projections are highly uncertain due to the company's financial challenges and the competitive landscape. Analyst estimates vary widely, making reliable predictions difficult.

Recent Initiatives: Recent strategic initiatives include restructuring efforts and attempts to refocus on core business areas. However, the effectiveness of these initiatives remains to be seen.

Summary

Recon Technology Ltd is a small player in both the oilfield services and financial technology sectors in China. It faces significant financial challenges and intense competition. Its historical growth has been erratic, and its future prospects are uncertain. Investors should approach with caution.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company Filings
  • Market Research Reports
  • Analyst Estimates
  • SEC.gov

Disclaimers:

The data provided is for informational purposes only and should not be considered financial advice. Investment decisions should be based on thorough research and consultation with a financial professional. Market share data is estimated and may not be precise.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Recon Technology Ltd

Exchange NASDAQ
Headquaters -
IPO Launch date 2009-07-30
Founder, CEO & Director Mr. Shenping Yin
Sector Energy
Industry Oil & Gas Equipment & Services
Full time employees 188
Full time employees 188

Recon Technology, Ltd. provides hardware, software, and on-site services to companies in the petroleum mining and extraction industry in China. The Company provides specialized equipment, automation systems, tools, chemicals, outsourcing platform services, and field services to energy industry companies mainly in China. The company offers 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. Additionally, the company offers equipment and accessories. Recon Technology, Ltd. was incorporated in 2007 and is based in Beijing, China.