Recon Technology (RCON) Tax Rate (2010 - 2018)

Recon Technology's (RCON) quarterly Tax Rate came in at 0.03% in Q2 2018, up 27.0% year-on-year from 0.02% in Q2 2017, and down 86.94% quarter-over-quarter from 0.02% in Q1 2018.

Recon Technology (RCON) Tax Rate (2010 - 2018) Analysis & Trends

Recon Technology has disclosed Tax Rate across 9 years of filings, most recently posting 0.03% for Q2 2018.

  • Tax Rate for Q2 2018 came in at 0.03%, up 27.0% year-over-year; the trailing twelve-month figure through Jun 2018 was 0.04% (up 95.0% YoY), and the FY2025 annual result was 0.0%, changed 0.0% from the prior year.
  • Tax Rate came in at 0.03% for Q2 2018 at Recon Technology, down from 0.02% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 25.27% in Q4 2015 to a low of 17.2% in Q1 2016.
  • The 5-year median for Tax Rate is 0.01% (2016), against an average of 2.57%.
  • Across the five-year window, Tax Rate slumped 5085 bps in 2014 and surged 2042 bps in 2015, its largest moves.
  • Recon Technology's Tax Rate stood at 9.7% in 2014, then jumped 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 78 bps to 0.03% in 2018.
  • The last three Tax Rate figures came in at 0.03% (Q2 2018), 0.02% (Q1 2018), and 0.14% (Q3 2017), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn 20.40%
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn 26.37%
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn 18.45%
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn 26.95%
5 Enerflex 8.62 Bn 8.57 Bn - -27.76%
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn 42.86%
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn -3.81%
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn 23.96%
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn 13.39%
10 Recon Technology 5.31 Mn -7.18 Mn - -

Historic Data

Download Data
DateValue
Jun 30, 2018 -0.03%
Jun 30, 2018 -0.03%
Mar 31, 2018 -0.02%
Mar 31, 2018 -0.02%
Sep 30, 2017 -0.14%
Sep 30, 2017 -0.14%
Jun 30, 2017 -0.30%
Jun 30, 2017 -0.30%
Mar 31, 2017 -4.07%
Mar 31, 2017 -4.07%
Sep 30, 2016 0.37%
Sep 30, 2016 0.37%
Jun 30, 2016 -0.01%
Jun 30, 2016 -0.01%
Mar 31, 2016 -17.20%
Mar 31, 2016 -17.20%
Dec 31, 2015 25.27%
Dec 31, 2015 25.27%
Sep 30, 2015 0.19%
Sep 30, 2015 0.19%