profit from every $100 of sales.

Recon Technology
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2021 to 2024.
It has no yearly profit to compare the price with.
It holds more cash than debt.
Money in, money out
What Recon Technology sold, what it kept, and what it did with the cash.
Sales went from CN¥47.9 million in 2021 to CN¥68.9 million in 2024, with -CN¥49.9 million of profit last year.
Recon Technology vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
Recon Technology | No profit yet | ||
SLB | 22.6× · Fair price | ||
Baker Hughes | 19.0× · Fair price | ||
Tenaris | 16.0× · Fair price | ||
Halliburton | 21.8× · Fair price |
AI analysis
An AI analyst reads Recon Technology's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of CNY | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| 48 | 84 | 67 | 69 | |
| 7 | 19 | 19 | 21 | |
| -60 | -82 | -68 | -72 | |
| -19 | 95 | -59 | -46 | |
| -23 | 96 | -59 | -50 | |
| – | 55.52 | -27.43 | -9.88 | |
| 15.1% | 23.2% | 28.1% | 30.3% | |
| -126.1% | -98.2% | -101.3% | -103.9% | |
| -47.6% | 114.1% | -88.2% | -72.4% |
Balance sheet
| In millions of CNY | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Total assets | 567 | 490 | 532 | 552 |
| Cash | 344 | 317 | 104 | 110 |
| Total debt | 43 | 32 | 36 | 40 |
| Total liabilities | 279 | 77 | 93 | 61 |
| 295 | 421 | 449 | 503 | |
| – | 2 | 2 | 5 | |
| -5.7% | 16.6% | -9.6% | -7.3% | |
| -7.7% | 22.7% | -13.2% | -9.9% |
Cash flow
| In millions of CNY | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| -34 | -26 | -52 | -44 | |
| 1 | 1 | 1 | – | |
| -35 | -26 | -52 | -59 | |
| Dividends paid | – | – | – | – |
| – | – | – | – | |
| 6 | 39 | 26 | 22 |
Valuation
- –
- –
- –
- 0.1×
- 1.8×
- –
- –
- -48.4%
- -40.8%
- 0.0%
Profitability
- 30.3%
- -103.9%
- -72.4%
- -91.9%
- -9.0%
- -3.1%
- -6.8%
- -5.9%
- -9.5%
- 25.1%
Growth
- +12.8%
- –
- +1.2%
- –
- +89.5%
Financial health
- -1.5×
- 0.08
- 6.9%
- –
- 4.24
- 4.23
- 0.08
How it ranks in Energy
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Mar 13, 2026 | -0.09 | -0.51 | +82.4% |
| Oct 29, 2025 | -0.34 | -0.70 | +51.4% |
| Oct 15, 2025 | -0.17 | – | – |
| Mar 31, 2025 | -0.16 | – | – |
| Sep 30, 2024 | -0.16 | -0.95 | +82.8% |
| Jun 30, 2024 | -0.26 | – | – |
| Mar 31, 2024 | -0.26 | -4.32 | +94.1% |
| Dec 31, 2023 | -0.58 | -4.32 | +86.5% |
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Recon Technology
Is Recon Technology a good stock to buy?
A business with weak numbers that is not profitable yet. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Recon Technology AI analysis
What does Recon Technology do?
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. It is in Oil & Gas Equipment & Services.
Does Recon Technology pay a dividend?
No. Recon Technology does not pay a dividend at the moment.
Is Recon Technology stock halal?
No. Recon Technology does not pass our halal screen: its cash and confirmed interest-bearing investments are 90% of its market value, at or above the 33% limit. How we check
How has Recon Technology stock done over the past year?
Down 35.2% over the past twelve months, to $0.87. It traded between $0.82 and $280.00 and is 99.7% below its high.
Who are Recon Technology's competitors?
The largest listed companies in the same industry are SLB, Baker Hughes, Tenaris and Halliburton. The peers table on this page compares their profit, growth and price with Recon Technology's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.



