RCON

Recon Technology Ltd
NASDAQ

Bargain Price: 5.06$


Current Price 2.07 $
Industry Oil & Gas Equipment & Services
Sector Energy
Country CN
Website click to visit
FT Employees 134
IPO Date 2009-07-30

Recon Technology Ltd. engages in the development and marketing of oilfield equipment, automation systems, tools, chemicals, and field services to petroleum firms. The company is headquartered in Beijing, Beijing and currently employs 89 full-time employees. 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.

4 / 7

Size

102M

Current Ratio

2.32

Liquidity

48M

Net Income

2/10

Dividends

0/20

Earnings Growth

216.07%

PE * PB

0.08