Issue 000 | U.S. Pilot | US

RCON

Recon Technology, Ltd

Needs Review Stale Filing 20-F | 2025-10-15 Filing currency: CNY

Open Filing Back to Register

Margin of Safety 89.3%

GNNI internal calculation. Market context inputs are retained internally and are not displayed.

Current Assets: 356,157,898CNY
Total Liabilities: 71,651,378CNY
NCAV: 41,874,911CNY
Cash: 98,874,577CNY
NCAV per share: needs review
Evidence: 10 annual | 20 quarterly

Business Profile

Checklist-driven facts extracted from filing text. Missing fields stay visible.

Business profile not generated.

Run python -m application.cli.business_profile run --market US --one RCON, then regenerate the site.

Known Unknowns

Medium | Share Count

Issue 000 does not yet evaluate share count trend or post-filing dilution beyond Mary's screening flags.

Low | Classification

U.S. Pilot rows are surfaced for source inspection and may still need manual business classification review.

Medium | Filing

Some rows are based on older filing data and require manual freshness review.

Annual Financials

Latest annual periods, newest first. Missing cells render as n/a.

Metric	2025-06-30 20-F CNY	2024-06-30 20-F CNY	2023-06-30 20-F CNY	2022-06-30 20-F CNY	2021-06-30 20-F CNY	2020-06-30 20-F CNY	2019-06-30 20-F CNY	2018-06-30 20-F CNY	2017-06-30 20-F CNY	2016-06-30 10-K CNY
Revenue	66,285,032	68,854,280	67,114,378	83,777,571	47,938,575	65,760,651	102,384,327	84,712,046	60,054,462	42,728,277
Operating Income	-57,319,712	-71,637,911	-69,332,735	-82,313,417	-61,578,948	-20,177,032	-24,243,574	-40,924,896	-30,611,484	-39,911,129
Net Income	-42,588,554	-49,871,259	-59,167,301	95,586,795	-22,832,734	-19,246,701	-25,355,905	-44,072,321	-31,445,147	-40,882,577
Cash From Operations	-33,771,174	-43,747,933	-51,688,331	-26,247,237	-34,050,468	-5,230,676	-32,212,172	-21,094,570	5,671,073	-285,674
Capex	-1,010,812	-282,184	-940,673	-692,206	-522,416	-85,974	-1,735,956	-1,503,410	-638,119	-181,075
Free Cash Flow	-34,781,986	-44,030,117	-52,629,004	-26,939,443	-34,572,884	-5,316,650	-33,948,128	-22,597,980	5,032,954	-466,749
Cash And Equivalents	98,874,577	109,991,674	104,125,800	316,974,857	343,998,570	30,336,504	4,521,325	45,340,578	3,809,279	1,817,620
Accounts Receivable	35,852,484	38,631,762	27,453,415	22,577,980	26,686,888	48,244,015	68,535,282	24,254,007	39,425,911	38,097,626
Inventory	1,344,588	1,128,912	6,330,701	3,894,369	3,644,522	1,985,723	1,270,523	6,758,841	2,627,974	6,313,070
Total Current Assets	356,157,898	506,485,249	504,413,173	445,617,041	488,505,185	129,281,873	97,824,268	100,834,569	68,387,075	74,322,220
Total Assets	525,621,125	552,389,514	531,824,577	490,242,084	566,516,660	194,414,804	156,981,554	121,807,517	71,155,045	79,450,314
Total Current Liabilities	60,568,863	47,477,363	61,032,862	52,878,284	76,462,604	65,181,175	42,084,370	25,991,921	29,445,757	29,850,518
Total Liabilities	71,651,378	61,455,617	92,673,674	77,357,323	279,001,194	73,770,516	50,280,574	34,935,755	29,445,757	n/a
Shareholders Equity	467,427,518	502,554,537	449,206,962	420,631,729	295,095,034	110,029,762	95,615,551	76,009,832	33,244,445	41,376,299
Shares Outstanding	10,627,426	7,987,959	40,528,218	26,868,391	26,868,391	7,202,832	21,799,300	18,380,349	9,902,914	5,804,005
Shares Outstanding Diluted	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Weighted Avg Shares Diluted	9,094,902	5,048,952	33,923,112	30,002,452	12,697,024	4,624,615	n/a	n/a	n/a	5,653,149
Weighted Avg Shares Basic	9,094,902	5,048,952	33,923,112	30,002,452	12,697,024	4,624,615	n/a	n/a	n/a	5,653,149

Quarterly Financials

Latest quarterly periods, newest first. Periods are shown only when Data Vault has them.

Metric	2016-09-30 10-Q CNY	2016-06-30 10-K CNY	2016-03-31 10-Q CNY	2015-12-31 10-Q CNY	2015-09-30 10-Q CNY	2015-03-31 10-Q CNY	2014-12-31 10-Q CNY	2014-09-30 10-Q CNY	2014-03-31 10-Q CNY	2013-12-31 10-Q CNY	2013-09-30 10-Q CNY	2013-03-31 10-Q CNY	2012-12-31 10-Q CNY	2012-09-30 10-Q CNY	2012-03-31 10-Q CNY	2011-12-31 10-Q CNY	2011-09-30 10-Q CNY	2011-03-31 10-Q CNY	2010-12-31 10-Q CNY	2010-09-30 10-Q CNY
Revenue	7,802,103	5,752,788	4,539,099	28,842,430	3,593,960	20,018,890	21,328,972	4,304,000	18,232,470	46,266,326	11,512,710	7,501,795	45,980,600	9,054,192	13,019,121	30,844,229	4,942,589	8,761,599	32,183,746	21,799,311
Operating Income	-5,483,844	-19,709,208	-8,246,099	-3,274,675	-8,681,147	2,790,701	2,386,793	-4,445,496	-566,890	7,896,857	502,655	-2,154,175	5,684,070	-2,339,813,000	2,193,532	2,090,104	-3,231,834	-13,950,234	-10,663,114	1,692,848
Net Income	-5,460,584	-19,887,395	-9,627,400	-2,519,176	-8,848,606	-1,527,282	5,325,376	-4,161,545	-1,930,602	5,814,671	46,444	2,345,863,462	5,288,361	-2,344,166,000	118,695	1,395,926	-3,405,196	-22,689,059	-20,677,452	843,761
Cash From Operations	-323,419	1,002,369	-2,277,833	1,964,284	-974,494	-829,732	-5,421,629	-9,967,989	-8,507,207	1,184,088	-7,960,359	12,063,743	4,974,971	235,768	-7,219,255	-661,553	-1,362,036	210,710	-5,172,012	-19,313
Capex	-29,621	321,583	-4,188	-28,205	-470,265	0	-418,001	-96,008	-222,427	-29,775	-6,720	-186,360	-108,738	-381,406	-463,700	0	-101,131	-122,600	-18,210	-6,639
Free Cash Flow	-353,040	1,323,952	-2,282,021	1,936,079	-1,444,759	-829,732	-5,839,630	-10,063,997	-8,729,634	1,154,313	-7,967,079	11,877,383	4,866,233	-145,638	-7,682,955	-661,553	-1,463,167	88,110	-5,190,222	-25,952
Cash And Equivalents	554,630	1,817,620	2,619,943	3,108,330	3,877,272	4,665,869	4,947,964	6,030,111	8,863,889	21,733,565	6,681,903	6,452,691	2,069,145	2,254,327	2,355,804	1,087,967	2,034,659	7,272,160	7,647,871	9,807,863
Total Current Assets	71,424,688	74,322,220	98,807,579	116,090,722	109,407,183	141,767,398	136,139,530	125,986,050	148,588,353	163,865,015	123,109,798	131,943,248	146,468,743	136,359,913	116,924,750	110,846,721	99,015,532	n/a	n/a	n/a
Total Liabilities	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	62,706,120	n/a	n/a	n/a	n/a	n/a	n/a
Shares Outstanding	5,980,792	5,804,005	5,804,005	5,804,005	5,438,763	5,022,436	4,726,711	4,726,711	4,620,936	4,528,311	3,951,811	3,951,811	3,951,811	3,951,811	3,951,811	3,951,811	3,951,811	n/a	n/a	n/a
Shares Outstanding Diluted	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Weighted Avg Shares Diluted	n/a	5,653,149	5,804,005	5,569,102	5,438,763	4,839,004	4,846,270	4,757,112	4,528,311	4,224,560	3,951,811	3,951,811	3,951,811	3,951,811	3,951,811	3,951,811	3,951,811	3,951,811	3,951,811	3,951,811
Weighted Avg Shares Basic	n/a	5,653,149	5,804,005	5,569,102	5,438,763	4,839,004	4,741,911	4,757,112	4,528,311	4,162,115	3,951,811	3,951,811	3,951,811	3,951,811	3,951,811	3,951,811	3,951,811	3,951,811	3,951,811	3,951,811

Audit Trail

NCAV Audit

Official-source inputs remain linked to filing provenance. Derived values are labeled as such.

Input	Value	Source concept	Filing period	Confidence	Provenance
Current Assets	71,424,688CNY	us-gaap:AssetsCurrent	2016-09-30	1.00	sec/companyfacts/cik=0001442620/companyfacts.json D:\Projects\The Data Vault\objects\sec\companyfacts\cik=0001442620\companyfacts.json
Total Liabilities	n/a	derived	2016-09-30	n/a	n/a
Cash	554,630CNY	us-gaap:CashAndCashEquivalentsAtCarryingValue	2016-09-30	1.00	sec/companyfacts/cik=0001442620/companyfacts.json D:\Projects\The Data Vault\objects\sec\companyfacts\cik=0001442620\companyfacts.json
Shares Outstanding	5,980,792	us-gaap:CommonStockSharesOutstanding	2016-09-30	1.00	sec/companyfacts/cik=0001442620/companyfacts.json D:\Projects\The Data Vault\objects\sec\companyfacts\cik=0001442620\companyfacts.json
NCAV	n/a	derived	2016-09-30	n/a	company-evidence-v1 \| total_current_assets - total_liabilities
NCAV per share	n/a	derived	2016-09-30	n/a	company-evidence-v1 \| NCAV / shares_outstanding
Margin of Safety	89.3%	derived	2016-09-30	n/a	gnni_publication_pack \| internal_discount

NCAV could not be calculated because one or more inputs are missing.

Source Provenance

Data Source: Data Vault
Data Vault Root: D:\Projects\The Data Vault
CIK: 0001442620
Company ID: n/a
Selected Annual Source: D:\Projects\The Data Vault\objects\sec\companyfacts\cik=0001442620\companyfacts.json
Selected Quarterly Source: D:\Projects\The Data Vault\objects\sec\companyfacts\cik=0001442620\companyfacts.json
Statement Extractor: companyfacts-screener-v1
View Extractor: companyfacts-screener-v1
Source Accession Count: 30
Imported At: 2026-07-04T23:04:37+00:00
Rendered At: 2026-07-05T09:06:29+00:00

Run Audit

Mary Run: 1ec055d81d1a42a39490a83bb9e1f22f
Mary As Of: 2026-07-03
Accession: 0001104659-25-099502
CIK: 0001442620
Mary Filing Date: 2025-10-15
Filing Currency: CNY
Internal Discount: 89.3%
Source State: Stale Filing
Market Context: Not Displayed
Market Policy: internal_only_not_redistributed
Share Trend: Not Evaluated
Dilution: Needs Review

mary_run=1ec055d81d1a42a39490a83bb9e1f22f; mary_as_of=2026-07-03; mary_filing_date=2025-10-15; mary_accession=0001104659-25-099502; mary_cik=0001442620; gnni_supporting_filing_date=2025-10-15; internal_discount=0.893408; mary_reason=Mary's deterministic net-net screen flagged this candidate. The internal discount is shown; raw market-data fields are not published in this pilot.; source requires review

Back to Register Archive