RCON (Recon Technology) Tax Rate % : 0.33% (As of Jun. 2024)

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What is Recon Technology Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Recon Technology's Tax Expense for the six months ended in Jun. 2024 was $-0.01 Mil. Recon Technology's Pre-Tax Income for the six months ended in Jun. 2024 was $-3.92 Mil. Therefore, Recon Technology's Tax Rate % for the quarter that ended in Jun. 2024 was 0.33%.

Recon Technology Tax Rate % Historical Data

The historical data trend for Recon Technology's Tax Rate % 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.

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Recon Technology Tax Rate % Chart

Recon Technology Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Tax Rate %

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-1.43

2.00

-0.66

-0.03

Recon Technology Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Tax Rate %	Get a 7-Day Free Trial															4.06	-0.02	-0.02	-0.40	0.33

Recon Technology Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Recon Technology's Tax Rate % for the fiscal year that ended in Jun. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Jun. 2024 )	/	Pre-Tax Income (A: Jun. 2024 )
	=	0	/	-7.09
	=	0.00 %

Recon Technology's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Jun. 2024 )	/	Pre-Tax Income (Q: Jun. 2024 )
	=	-0.013	/	-3.918
	=	0.33 %

Recon Technology Tax Rate % Related Terms

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Recon Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Recon Technology Ltd (NAS:RCON) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Shui’an South Street, Room 601, Chaoyang District, Beijing, CHN, 100012

Website

http://www.recon.cn

Recon Technology Ltd is an oilfield service company. The company is engaged in providing oilfield automation products, specialized equipment for oil and gas production and transportation, chemicals, and field services to petroleum companies mainly in the People's Republic of China (PRC). It has four reportable operating segments: Automation Product and Software, Equipment and Accessories, Platform outsourcing services, and Oilfield Environmental Protection. The majority of the firm's revenue comes from the Automation Product and Software segment which provides products and services like pumping unit controllers, natural gas flow computer systems, wireless dynamometers and wireless pressure gauges, and an oilfield monitor and data acquisition system among others.