Shenping Yin - Recon Technology Chairman and CEO

RCON Stock  USD 1.58  0.04  2.47%   

Chairman

Mr. Yin Shenping is Chief Executive Officer, Director of Recon Technology, Ltd.In 2003, Mr. Yin founded Nanjing Recon, a Chinese company that provides services to automate and enhance the extraction of petroleum in China, and was the Chief Executive Officer since that time. Prior to founding Nanjing Recon, Mr. Yin served as a sales manager for Fujian Haitian Network Company from 1992 through 1994. Mr. Yin has founded and operated a number of companies Xiamen Hengda Haitian Computer Network Co., Ltd., Baotou Hengda Haitian Computer Network Co., Ltd. and Beijing Jingke Haitian Electronic Technology Development Co., Ltd., and Jingsu Huasheng Information Technology Co., Ltd. . In 2000, Mr. Yin merged the former Nanjing Kingsley Software Engineering Co., Ltd. into Nanjing Recon. Mr. Yin received his bachelors degree in 1991 from Nanjing Agricultural University in information systems. Mr. Yin was chosen as a director because he is one of the founders of the Company and we believe his knowledge of the Company and years of experience in our industry give him the ability to guide the Company as a director.
Age 54
Address No. 1 Shui'an South Street, Beijing, China, 100012
Phone86 10 8494 5799
Webhttps://www.recon.cn

Recon Technology Management Efficiency

The company has return on total asset (ROA) of (0.0836) % which means that it has lost $0.0836 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.1443) %, meaning that it created substantial loss on money invested by shareholders. Recon Technology's management efficiency ratios could be used to measure how well Recon Technology manages its routine affairs as well as how well it operates its assets and liabilities. As of the 26th of May 2024, Return On Tangible Assets is likely to drop to -0.13. In addition to that, Return On Capital Employed is likely to grow to -0.16. At this time, Recon Technology's Debt To Assets are very stable compared to the past year.
The company currently holds 35.56 M in liabilities with Debt to Equity (D/E) ratio of 0.08, which may suggest the company is not taking enough advantage from borrowing. Recon Technology has a current ratio of 7.98, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Recon Technology until it has trouble settling it off, either with new capital or with free cash flow. So, Recon Technology's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Recon Technology sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Recon to invest in growth at high rates of return. When we think about Recon Technology's use of debt, we should always consider it together with cash and equity.

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Recon Technology, Ltd. provides hardware, software, and on-site services to companies in the petroleum mining and extraction industry in the Peoples Republic of China. Recon Technology, Ltd. was incorporated in 2007 and is headquartered in Beijing, the Peoples Republic of China. Recon Technology operates under Oil Gas Equipment Services classification in the United States and is traded on NASDAQ Exchange. It employs 184 people. Recon Technology (RCON) is traded on NASDAQ Exchange in USA. It is located in No. 1 Shui'an South Street, Beijing, China, 100012 and employs 188 people. Recon Technology is listed under Oil & Gas Equipment & Services category by Fama And French industry classification.

Management Performance

Recon Technology Management Team

Elected by the shareholders, the Recon Technology's board of directors comprises two types of representatives: Recon Technology inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Recon. The board's role is to monitor Recon Technology's management team and ensure that shareholders' interests are well served. Recon Technology's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Recon Technology's outside directors are responsible for providing unbiased perspectives on the board's policies.
Guangqiang Chen, CTO and Director
Jia Liu, CFO and Secretary
Shenping Yin, Chairman and CEO

Recon Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Recon Technology a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Recon Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Recon Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Recon Technology Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Recon Technology Stock:
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Is Recon Technology's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Recon Technology. If investors know Recon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Recon Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(4.41)
Revenue Per Share
35.612
Quarterly Revenue Growth
(0.27)
Return On Assets
(0.08)
Return On Equity
(0.14)
The market value of Recon Technology is measured differently than its book value, which is the value of Recon that is recorded on the company's balance sheet. Investors also form their own opinion of Recon Technology's value that differs from its market value or its book value, called intrinsic value, which is Recon Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Recon Technology's market value can be influenced by many factors that don't directly affect Recon Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Recon Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Recon Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Recon Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.