GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Recon Technology Ltd (NAS:RCON) » Definitions » Market Cap

Recon Technology (Recon Technology) Market Cap : $14.81 Mil (As of May. 15, 2024)


View and export this data going back to 2009. Start your Free Trial

What is Recon Technology Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Recon Technology's share price for the quarter that ended in Jun. 2023 was $6.1956. Recon Technology's Shares Outstanding (EOP) for the quarter that ended in Jun. 2023 was 2.65 Mil. Therefore, Recon Technology's market cap for the quarter that ended in Jun. 2023 was $16.39 Mil.

Recon Technology's quarterly market cap increased from Jun. 2022 ($22.31 Mil) to Dec. 2022 ($42.59 Mil) but then declined from Dec. 2022 ($42.59 Mil) to Jun. 2023 ($16.39 Mil).

Recon Technology's annual market cap declined from Jun. 2021 ($116.34 Mil) to Jun. 2022 ($22.31 Mil) and declined from Jun. 2022 ($22.31 Mil) to Jun. 2023 ($16.39 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Recon Technology's Enterprise Value for Today is $-19.88 Mil.


Recon Technology Market Cap Historical Data

The historical data trend for Recon Technology's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Recon Technology Market Cap Chart

Recon Technology Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.78 8.21 116.34 22.31 16.39

Recon Technology Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 116.34 38.88 22.31 42.59 16.39

Competitive Comparison of Recon Technology's Market Cap

For the Oil & Gas Equipment & Services subindustry, Recon Technology's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Recon Technology's Market Cap Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Recon Technology's Market Cap distribution charts can be found below:

* The bar in red indicates where Recon Technology's Market Cap falls into.



Recon Technology Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Recon Technology's Market Cap for the fiscal year that ended in Jun. 2023 is calculated as

Market Cap (A: Jun. 2023 )=Share Price (A: Jun. 2023 )*Shares Outstanding (EOP) (A: Jun. 2023 )
=$6.1956*2.64601
=$16.39

Recon Technology's Market Cap for the quarter that ended in Jun. 2023 is calculated as

Market Cap (Q: Jun. 2023 )=Share Price (Q: Jun. 2023 )*Shares Outstanding (EOP) (Q: Jun. 2023 )
=$6.1956*2.64601
=$16.39

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Recon Technology  (NAS:RCON) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Recon Technology Market Cap Related Terms

Thank you for viewing the detailed overview of Recon Technology's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.


Recon Technology (Recon Technology) Business Description

Traded in Other Exchanges
Address
No. 1 Shui’an South Street, Room 601, Chaoyang District, Beijing, CHN, 100012
Recon Technology Ltd is an oilfield service company. The company is engaged in the sale of oilfield automation products, equipment for oil and gas production and transportation, and engineering services. It has four reportable operating segments: Automation Product and Software, Equipment and Accessories, Platform outsourcing services, and Oilfield Environmental Protection. Majority of the firm's revenue comes from the Automation Product and Software segment.