RCON: Recon Technology, Ltd. - Summary | Jitta

Recon Technology, Ltd.

NASDAQ:RCON

Price
$0.32
Loss Chance
49.7%
1.23JITTA SCORE
95.35%Under Jitta Line
Jitta Ranking
184 / 227
2,467 / 5,029
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (29)
Recent Business Performance (58)
Financial Strength (55)
Return to Shareholders (19)
Competitive Advantage (29)
Jitta Signs
Debt LevelLow Long Term Debt
Revenue and EarningEarning loss detected in 2021
Operating MarginInconsistent
Recent Business PerformanceEarning decline 113.42% in the last quarter (yoy)
New Share IssuedMore than 50% in 5 years
SG&A to SalesIncreasing
Cash Conversion CycleMore than 120 days
Key Stats
Jitta Score
Jitta Line
1.23
95.35%
4.16
139.20%
Oil and Gas Equipment and Services
5.15
59.10%
4.29
21.74%
4.22
45.02%
COMPANY DESCRIPTION
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. 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 also provides equipment for oil and gas production and transportation, including heating furnaces and burner, as well as enhancing techniques comprising packers of fracturing; production packers; sand prevention in oil and water wells; water locating and plugging techniques; fissure shaper; fracture acidizing techniques; and electronic broken-down services to resolve block-up and freezing problems. In addition, the company offers automation systems and services, including pumping unit controller that monitors the pumping units and collects data; RTU to monitor natural gas wells and collect gas well pressure data; wireless dynamometers and wireless pressure gauges; electric multi-way valves for oilfield metering station flow control; and natural gas flow computer systems. Further, it provides Recon SCADA oilfield monitor and data acquisition system for supervision and data collection; EPC service of pipeline SCADA system for pipeline monitoring and data acquisition; EPC service of oil and gas wells SCADA system for monitoring and data acquisition of oil wells and natural gas wells; EPC service of oilfield video surveillance and control system to control the oil and gas wellhead and measurement station areas; and technique service for digital oilfield transformation. Additionally, the company offers oilfield waste water treatment solutions and related chemicals; oily sludge disposal solutions; and gas station operation and management solution. Recon Technology, Ltd. was incorporated in 2007 and is headquartered in Beijing, the People’s Republic of China.