Recon Technology Ltd
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 t… Read more
Recon Technology Ltd (RCON) - Net Assets
Latest net assets as of September 2025: $453.97 Million USD
Based on the latest financial reports, Recon Technology Ltd (RCON) has net assets worth $453.97 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($525.62 Million) and total liabilities ($71.65 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $453.97 Million |
| % of Total Assets | 86.37% |
| Annual Growth Rate | N/A |
| 5-Year Change | 57.89% |
| 10-Year Change | 815.27% |
| Growth Volatility | 74.25 |
Recon Technology Ltd - Net Assets Trend (2007–2025)
This chart illustrates how Recon Technology Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Recon Technology Ltd (2007–2025)
The table below shows the annual net assets of Recon Technology Ltd from 2007 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $453.97 Million | -7.53% |
| 2024-06-30 | $490.93 Million | +11.79% |
| 2023-06-30 | $439.15 Million | +6.36% |
| 2022-06-30 | $412.88 Million | +43.60% |
| 2021-06-30 | $287.52 Million | +138.32% |
| 2020-06-30 | $120.64 Million | +13.07% |
| 2019-06-30 | $106.70 Million | +22.83% |
| 2018-06-30 | $86.87 Million | +108.28% |
| 2017-06-30 | $41.71 Million | -15.91% |
| 2016-06-30 | $49.60 Million | -39.71% |
| 2015-06-30 | $82.27 Million | -21.05% |
| 2014-06-30 | $104.20 Million | +17.44% |
| 2013-06-30 | $88.73 Million | +2.89% |
| 2012-06-30 | $86.24 Million | +5.55% |
| 2011-06-30 | $81.70 Million | -31.39% |
| 2010-06-30 | $119.08 Million | +234.47% |
| 2009-06-30 | $35.60 Million | +162.59% |
| 2008-06-30 | $13.56 Million | +659.09% |
| 2007-06-30 | $-2.43 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Recon Technology Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 25078361000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $115.59K | 0.02% |
| Other Comprehensive Income | $33.49 Million | 7.17% |
| Other Components | $692.57 Million | 148.17% |
| Total Equity | $467.43 Million | 100.00% |
Recon Technology Ltd Competitors by Market Cap
The table below lists competitors of Recon Technology Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ktima Kostas Lazaridis S.A
AT:KTILA
|
$5.70 Million |
|
Admiralty Resources NL
AU:ADY
|
$5.70 Million |
|
Feelux Co. Ltd.
KO:033180
|
$5.70 Million |
|
Megado Minerals Ltd
AU:MEG
|
$5.70 Million |
|
Alaunos Therapeutics Inc
NASDAQ:TCRT
|
$5.69 Million |
|
Binah Capital Group, Inc. Common Stock
NASDAQ:BCG
|
$5.69 Million |
|
Momentus Inc
NASDAQ:MNTS
|
$5.69 Million |
|
Spineguard
PA:ALSGD
|
$5.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Recon Technology Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 502,554,537 to 467,427,517, a change of -35,127,020 (-7.0%).
- Net loss of 42,588,554 reduced equity.
- Other comprehensive income decreased equity by 7,791,683.
- Other factors increased equity by 15,253,217.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-42.59 Million | -9.11% |
| Other Comprehensive Income | $-7.79 Million | -1.67% |
| Other Changes | $15.25 Million | +3.26% |
| Total Change | $- | -6.99% |
Book Value vs Market Value Analysis
This analysis compares Recon Technology Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.02x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-06-30 | $-5.67 | $1.00 | x |
| 2008-06-30 | $30.66 | $1.00 | x |
| 2009-06-30 | $63.87 | $1.00 | x |
| 2010-06-30 | $142.71 | $1.00 | x |
| 2011-06-30 | $15.79 | $1.00 | x |
| 2012-06-30 | $100.73 | $1.00 | x |
| 2013-06-30 | $103.15 | $1.00 | x |
| 2014-06-30 | $109.86 | $1.00 | x |
| 2015-06-30 | $75.92 | $1.00 | x |
| 2016-06-30 | $36.60 | $1.00 | x |
| 2017-06-30 | $25.90 | $1.00 | x |
| 2018-06-30 | $595.72 | $1.00 | x |
| 2019-06-30 | $440.30 | $1.00 | x |
| 2020-06-30 | $428.26 | $1.00 | x |
| 2021-06-30 | $418.34 | $1.00 | x |
| 2022-06-30 | $252.36 | $1.00 | x |
| 2023-06-30 | $238.35 | $1.00 | x |
| 2024-06-30 | $68.19 | $1.00 | x |
| 2025-06-30 | $51.39 | $1.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Recon Technology Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -9.11%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -64.25%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 1.12x
- Recent ROE (-9.11%) is above the historical average (-22.78%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 0.00% | 10.32% | 1.20x | 0.00x | $6.21 Million |
| 2008 | 85.53% | 17.64% | 1.07x | 4.52x | $10.24 Million |
| 2009 | 53.04% | 20.17% | 0.99x | 2.66x | $12.38 Million |
| 2010 | 18.32% | 17.14% | 0.66x | 1.61x | $9.11 Million |
| 2011 | -229.52% | -45.53% | 0.55x | 9.09x | $-30.26 Million |
| 2012 | -4.80% | -5.06% | 0.50x | 1.91x | $-11.78 Million |
| 2013 | 0.05% | 0.05% | 0.57x | 1.66x | $-8.11 Million |
| 2014 | 0.84% | 0.86% | 0.60x | 1.61x | $-8.79 Million |
| 2015 | -42.48% | -61.07% | 0.38x | 1.81x | $-38.86 Million |
| 2016 | -98.81% | -95.68% | 0.54x | 1.92x | $-45.02 Million |
| 2017 | -94.59% | -52.36% | 0.84x | 2.14x | $-34.77 Million |
| 2018 | -57.98% | -52.20% | 0.69x | 1.60x | $-51.67 Million |
| 2019 | -26.96% | -25.18% | 0.65x | 1.64x | $-35.34 Million |
| 2020 | -18.29% | -30.90% | 0.33x | 1.77x | $-31.13 Million |
| 2021 | -7.74% | -47.63% | 0.08x | 1.92x | $-52.34 Million |
| 2022 | 22.72% | 114.10% | 0.17x | 1.17x | $53.52 Million |
| 2023 | -13.17% | -88.16% | 0.13x | 1.18x | $-104.09 Million |
| 2024 | -9.92% | -72.43% | 0.12x | 1.10x | $-100.13 Million |
| 2025 | -9.11% | -64.25% | 0.13x | 1.12x | $-89.33 Million |
Industry Comparison
This section compares Recon Technology Ltd's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.
Industry Context
- Industry: Oil & Gas Equipment & Services
- Average net assets among peers: $2,886,529,899
- Average return on equity (ROE) among peers: -10.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Recon Technology Ltd (RCON) | $453.97 Million | 0.00% | 0.16x | $5.69 Million |
| ProFrac Holding Corp. (ACDC) | $1.33 Billion | -7.35% | 1.31x | $216.46 Million |
| Atlas Energy Solutions Inc. (AESI) | $338.70 Million | 1.26% | 0.61x | $1.29 Billion |
| Akastor ASA (AKKVF) | $4.32 Billion | -7.46% | 1.09x | $54.21 Million |
| Andatee China Marine Fuel Services (AMCF) | $59.95 Million | -1.69% | 3.89x | $0.96 |
| Archrock Inc (AROC) | $1.82 Billion | -30.24% | 1.91x | $6.07 Billion |
| Anton Oilfield Services Group (ATONY) | $2.69 Billion | 8.25% | 1.69x | $381.63 Million |
| Auri Inc (AURI) | $-2.36 Million | 0.00% | 0.00x | $1.86 |
| Baker Hughes Co (BKR) | $18.27 Billion | -54.42% | 1.08x | $56.68 Billion |
| Kbridge Energy Corp (BMMCF) | $-176.86K | 0.00% | 0.00x | $880.54 |
| Bri-Chem Corp (BRYFF) | $47.17 Million | -17.76% | 1.79x | $4.32 Million |