Recon Technology (RCON) Tax Rate (2010 - 2018)
Recon Technology (RCON) posted Tax Rate of 33.24% for Q2 2018, up 204198.12% sequentially from 0.02% in Q1 2018, and up 2739.0% YoY from 1.17% in Q2 2017.
Recon Technology (RCON) Tax Rate (2010 - 2018) Analysis & Trends
Recon Technology has reported Tax Rate for 9 years, with the latest figure at 33.24% in Q2 2018.
- Quarterly Tax Rate rose 2739.0% year-over-year to 33.24% in Q2 2018, while the trailing twelve-month figure through Jun 2018 was 12.62% (up 1074.0% YoY) and the FY2025 annual result came in at 25.0%, changed 0.0% from the prior year.
- Tax Rate rose to 33.24% in Q2 2018 per RCON's latest filing, from 0.02% in the prior quarter.
- Over five years, Tax Rate peaked at 33.24% in Q2 2018 and troughed at 17.2% in Q1 2016.
- A 5-year average of 5.03% and a median of 0.28% in 2015 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2014 and 2018: Tax Rate slumped 5085 bps in 2014, then jumped 2739 bps in 2018.
- Over 5 years, Tax Rate stood at 9.7% in 2014, then soared by 161 bps to 25.27% in 2015, then sank by 99 bps to 0.37% in 2016, then slumped by 137 bps to 0.14% in 2017, then surged by 24425 bps to 33.24% in 2018.
- According to Business Quant data, Tax Rate over the past three periods registered 33.24%, 0.02%, and 0.14% for Q2 2018, Q1 2018, and Q3 2017 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 80.11 Bn | 76.04 Bn | 4.63 Bn | 20.02% |
| 2 | Baker Hughes | 62.04 Bn | 46.32 Bn | 1.58 Bn | 23.54% |
| 3 | Tenaris | 53.06 Bn | 44.03 Bn | 984.66 | -14.27% |
| 4 | TechnipFMC | 30.95 Bn | 29.71 Bn | 1.40 Bn | 23.78% |
| 5 | Halliburton | 29.49 Bn | 27.44 Bn | 2.10 Bn | 18.98% |
| 6 | Nov | 7.31 Bn | 6.15 Bn | 521.00 Mn | 26.11% |
| 7 | Weatherford International | 6.55 Bn | 5.42 Bn | 662.00 Mn | 44.00% |
| 8 | Kodiak Gas Services | 5.71 Bn | 5.57 Bn | 246.76 Mn | 28.81% |
| 9 | Archrock | 5.54 Bn | 5.54 Bn | 244.51 Mn | 27.77% |
| 10 | Recon Technology | 147,342.47 | -12.34 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2018 | 33.24% |
| Jun 30, 2018 | 33.24% |
| Jun 30, 2018 | 33.24% |
| Mar 31, 2018 | -0.02% |
| Mar 31, 2018 | -0.02% |
| Mar 31, 2018 | -0.02% |
| Sep 30, 2017 | -0.14% |
| Sep 30, 2017 | -0.14% |
| Sep 30, 2017 | -0.14% |
| Jun 30, 2017 | 5.85% |
| Jun 30, 2017 | 5.85% |
| Jun 30, 2017 | 5.85% |
| Mar 31, 2017 | -4.07% |
| Mar 31, 2017 | -4.07% |
| Mar 31, 2017 | -4.07% |
| Sep 30, 2016 | 0.37% |
| Sep 30, 2016 | 0.37% |
| Sep 30, 2016 | 0.37% |
| Jun 30, 2016 | -0.01% |
| Jun 30, 2016 | -0.01% |