Recon Technology, Ltd.

Recon Technology, Ltd.verified

RCON

Price:

$3.08

Market Cap:

$46.13M

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 hardware related to oilfield production and management, and transportation; 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; an...[Read more]

Industry

Oil & Gas Equipment & Services

IPO Date

2009-07-30

Stock Exchange

NASDAQ

Ticker

RCON

The Current Ratio as of October 2024 (TTM) for Recon Technology, Ltd. (RCON) is 6.36

According to Recon Technology, Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 6.36. This represents a change of -13.05% compared to the average of 7.31 of the last 4 quarters.

Recon Technology, Ltd. (RCON) Historical Current Ratio (quarterly & annually)

How has RCON Current Ratio performed in the past?

The mean historical Current Ratio of Recon Technology, Ltd. over the last ten years is 4.11. The current 6.36 Current Ratio has changed 15.36% with respect to the historical average. Over the past ten years (40 quarters), RCON's Current Ratio was at its highest in in the September 2022 quarter at 8.71. The Current Ratio was at its lowest in in the September 2020 quarter at 1.63.

Quarterly (TTM)
Annual

Average

4.11

Median

2.57

Minimum

1.98

Maximum

8.43

Recon Technology, Ltd. (RCON) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Recon Technology, Ltd. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 222.11%

Maximum Annual Current Ratio = 8.43

Minimum Annual Increase = -40.08%

Minimum Annual Current Ratio = 1.98

Quarterly (TTM)
Annual
YearCurrent RatioChange
20238.26-1.93%
20228.4331.91%
20216.39222.11%
20201.98-14.67%
20192.32-40.08%
20183.8867.04%
20172.32-6.72%
20162.494.14%
20152.39-9.81%
20142.65-3.73%

Recon Technology, Ltd. (RCON) Average Current Ratio

How has RCON Current Ratio performed in the past?

The current Current Ratio of Recon Technology, Ltd. (RCON) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

7.69

5-year avg

5.48

10-year avg

4.11

Recon Technology, Ltd. (RCON) Current Ratio vs. Peers

How is RCON’s Current Ratio compared to its peers?

Recon Technology, Ltd.’s Current Ratio is greater than Saipem SpA (1.10), greater than CWC Energy Services Corp. (2.53), greater than Worley Limited (1.22), greater than Petrofac Limited (0.72), greater than Calfrac Well Services Ltd. (2.31), greater than ProFrac Holding Corp. (1.01), greater than Newpark Resources, Inc. (2.61), greater than Natural Gas Services Group, Inc. (2.34), greater than Geospace Technologies Corporation (6.08), greater than MRC Global Inc. (2.08),

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