Recon Technology Ltd
NASDAQ:RCON

Watchlist Manager
Recon Technology Ltd Logo
Recon Technology Ltd
NASDAQ:RCON
Watchlist
Price: 0.83 USD -6.81%
Market Cap: $9.7m

Gross Margin

27.8%
Current
Declining
by 0.5%
vs 3-y average of 28.3%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
27.8%
=
Gross Profit
¥30.4m
/
Revenue
¥109.3m

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
27.8%
=
Gross Profit
$30.4m
/
Revenue
¥109.3m

Peer Comparison

Country Company Market Cap Gross
Margin
CN
Recon Technology Ltd
NASDAQ:RCON
9.7m USD
Loading...
US
Schlumberger NV
NYSE:SLB
78.6B USD
Loading...
US
Baker Hughes Co
NASDAQ:BKR
62.6B USD
Loading...
US
Halliburton Co
NYSE:HAL
31.5B USD
Loading...
LU
Tenaris SA
MIL:TEN
26.7B EUR
Loading...
UK
TechnipFMC PLC
NYSE:FTI
29.5B USD
Loading...
CN
Yantai Jereh Oilfield Services Group Co Ltd
SZSE:002353
115.2B CNY
Loading...
UK
Subsea 7 SA
OSE:SUBC
92.7B NOK
Loading...
IT
Saipem SpA
MIL:SPM
8.2B EUR
Loading...
FR
Technip Energies NV
PAR:TE
7.2B EUR
Loading...
CN
Sinopec Oilfield Service Corp
SSE:600871
53.6B CNY
Loading...

Market Distribution

In line with most companies in China
Percentile
60th
Based on 8 314 companies
60th percentile
27.8%
Low
-2 148% — 14.3%
Typical Range
14.3% — 34.6%
High
34.6% — 775.2%
Distribution Statistics
China
Min -2 148%
30th Percentile 14.3%
Median 23%
70th Percentile 34.6%
Max 775.2%

Recon Technology Ltd
Glance View

Market Cap
9.7m USD
Industry
N/A

Recon Technology Ltd. is a provider of hardware, software, and on-site services to companies primarily in the petroleum mining and extraction industry. The company is headquartered in Beijing, Beijing and currently employs 184 full-time employees. The company went IPO on 2009-07-30. The firm provides services designed to automate and enhance the extraction of petroleum. The firm controls by contract the People's Republic of China companies of Beijing BHD Petroleum Technology Co., Ltd. (BHD) and Nanjing Recon Technology Co., Ltd. The company serves as the center of strategic management, financial control and human resources allocation for the Domestic Companies. Through its contractual relationships with the Domestic Companies, it provides equipment, tools and other hardware related to oilfield production and management, and develops and sells its specialized industrial automation control and information solutions. Its products and services include Equipment for Oil and Gas Production and Transportation, Oil and Gas Production Improvement Techniques, and Automation System and Service.

RCON Intrinsic Value
2.72 USD
Undervaluation 70%
Intrinsic Value
Price $0.83
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
27.8%
=
Gross Profit
¥30.4m
/
Revenue
¥109.3m
What is Recon Technology Ltd's current Gross Margin?

The current Gross Margin for Recon Technology Ltd is 27.8%, which is below its 3-year median of 28.3%.

How has Gross Margin changed over time?

Over the last 3 years, Recon Technology Ltd’s Gross Margin has increased from 24.1% to 27.8%. During this period, it reached a low of 23% on Jun 30, 2025 and a high of 33.7% on Dec 31, 2024.

Back to Top
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett