# Recon Technology Ltd. (RCON)

**Exchange:** NASDAQ  
**Sector:** Energy  
**Market cap:** $3M  
**Price:** $0.58 (+1.75%)

> Recon Technology Ltd. is a prominent player in the field of oilfield services and technology. Operating primarily within the petroleum and mining sectors, the company offers crucial automation solutions, systems integration, and software services designed to enhance the efficiency and effectiveness of oilfield operations. With a focus on supporting upstream exploration and production companies, Recon Technology Ltd. specializes in providing robust automation systems, helping clients to streamline operations while optimizing resource extraction and utilization. 

Recon Technology Ltd. not only delivers technological solutions but also plays a vital role in energy production by increasing operational productivity and reducing environmental impact through advanced technology platforms. The company’s contributions are essential in meeting the growing energy demands while addressing the industry’s sustainability challenges. Headquartered in China, Recon stands as a key figure in the technological advancement of the oil and gas industry, further bridging connections between technology and energy sectors worldwide.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2016 | $6M | $1M | -$6M | -$6M | $-1.09 |
| 2015 | $8M | $2M | -$6M | -$5M | $-1.06 |
| 2014 | $15M | $5M | $459,812 | $131,140 | $0.03 |
| 2013 | $12M | $4M | -$91,262 | $6,415 | $0.00 |
| 2012 | $12M | $4M | -$559,786 | -$604,480 | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2016 | $12M | $6M | $6M | $272,498 | — |
| 2015 | $22M | $10M | $12M | $2M | — |
| 2014 | $25M | $10M | $16M | $3M | — |
| 2013 | $22M | $8M | $13M | $2M | — |
| 2012 | $24M | $10M | $13M | $570,971 | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2013 | $4M | $121,777 | $4M |
| 2012 | -$3M | -$132,960 | -$4M |

Source: [CompaniesByCap](https://companiesbycap.com/company/RCON)