Recon Technology (RCON) Asset Writedowns and Impairment (2011 - 2018)

Recon Technology (RCON) reported Asset Writedowns and Impairment of $554574.9 for Q2 2018, up 43.96% on a YoY basis from $385240.4 in Q2 2017, and up 721.57% sequentially from $67502.0 in Q1 2018.

Recon Technology (RCON) Asset Writedowns and Impairment (2011 - 2018) Analysis & Trends

Recon Technology (RCON) has 8 years of Asset Writedowns and Impairment data on file, last reported at $554574.9 in Q2 2018.

  • For the quarter ending Q2 2018, Asset Writedowns and Impairment rose 43.96% year-over-year to $554574.9; the trailing twelve-month figure through Jun 2018 stood at $633439.9 (up 146.42% YoY), and the FY2025 full-year result was -$398794.0, down 170.92% from the prior year.
  • Asset Writedowns and Impairment rose to $554574.9 in Q2 2018, from $67502.0 in the prior quarter.
  • In the past five years, Asset Writedowns and Impairment ranged from a high of $1.6 million in Q2 2016 to a low of -$102447.3 in Q4 2016.
  • A 5-year average of $212682.8 and a median of $46179.0 in 2017 frame the typical range for Asset Writedowns and Impairment.
  • Across the five-year window, Asset Writedowns and Impairment plunged 1605.7% in 2016 and surged 3616.96% in 2017, its largest moves.
  • Tracing RCON's Asset Writedowns and Impairment over 5 years: stood at $28179.4 in 2014, then sank by 75.85% to $6804.0 in 2015, then sank by 1605.7% to -$102447.3 in 2016, then surged by 67.44% to -$33352.0 in 2017, then soared by 1762.79% to $554574.9 in 2018.
  • Business Quant data shows RCON's Asset Writedowns and Impairment at $554574.9 in Q2 2018, $67502.0 in Q1 2018, and -$33352.0 in Q4 2017.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Slb 78.08 Bn 74.69 Bn 5.38 Bn
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn
10 Recon Technology 4.22 Mn -8.27 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2018 554,574.93
Jun 30, 2018 554,574.93
Mar 31, 2018 67,502.00
Mar 31, 2018 67,502.00
Dec 31, 2017 -33,352.00
Dec 31, 2017 -33,352.00
Sep 30, 2017 44,715.00
Sep 30, 2017 44,715.00
Jun 30, 2017 385,240.44
Jun 30, 2017 385,240.44
Mar 31, 2017 -26,944.03
Mar 31, 2017 -26,944.03
Dec 31, 2016 -102,447.31
Dec 31, 2016 -102,447.31
Sep 30, 2016 1,203.00
Sep 30, 2016 1,203.00
Jun 30, 2016 1.56 Mn
Jun 30, 2016 1.56 Mn
Mar 31, 2016 333,944.74
Mar 31, 2016 333,944.74