Recon Technology is a holding company. Through its subsidiaries, Co. provides hardware, software, and on-site services to companies in the petroleum mining and extraction industry. Co. provides services designed to automate and improve the extraction of petroleum. Co. serves as the center of strategic management, financial control and human resources allocation for the Beijing BHD Petroleum Technology Co., Ltd. and Nanjing Recon Technology Co., Ltd. (Domestic Companies). Through Domestic Companies, Co. provides equipment, tools and other hardware related to oilfield production and management and develops and sells Co.'s own industrial automation control and information solutions. The RCON stock yearly return is shown above.
The yearly return on the RCON stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2018 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the RCON annual return calculation with any dividends reinvested as applicable (on ex-dates).
|