Recon Technology (FRA:HRC) 3-Year Book Growth Rate : -15.20% (As of Jun. 2023)

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What is Recon Technology 3-Year Book Growth Rate?

Recon Technology's Book Value per Share for the quarter that ended in Jun. 2023 was €21.88.

During the past 12 months, Recon Technology's average Book Value per Share Growth Rate was -29.10% per year. During the past 3 years, the average Book Value per Share Growth Rate was -15.20% per year. During the past 5 years, the average Book Value per Share Growth Rate was -16.40% per year. During the past 10 years, the average Book Value per Share Growth Rate was -22.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Recon Technology was 54.00% per year. The lowest was -46.70% per year. And the median was -15.20% per year.

Competitive Comparison of Recon Technology's 3-Year Book Growth Rate

For the Oil & Gas Equipment & Services subindustry, Recon Technology's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate 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 3-Year Book Growth Rate Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Recon Technology's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Recon Technology's 3-Year Book Growth Rate falls into.

Recon Technology 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

Recon Technology (FRA:HRC) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

Recon Technology 3-Year Book Growth Rate Related Terms

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Recon Technology (FRA:HRC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Recon Technology Ltd (FRA:HRC) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

RCON:USA

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 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.