Discounted Cash Flow

Recon Technology, Ltd. Foreign

RCON · Based on 10 years of SEC filings · Converted from CNY to USD

DCF estimate unavailable — No positive free cash flow in recent history — company has not generated positive FCF

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income
Dividends

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2016 $42.7m $-913.5k $-46.5k -2.1% $-1.09
2017 $8.9m (-79.3%) $-688.8k (24.6%) $828.0k (1882.2%) -7.8% (-263.6%) $-4.90 (-349.5%)
2018 $12.8m (44.4%) $-988.4k (-43.5%) $-506.8k (-161.2%) -7.7% (0.6%) $-3.84 (21.6%)
2019 $14.9m (16.5%) $-548.2k (44.5%) $-954.2k (-88.3%) -3.7% (52.4%) $-1.30 (66.1%)
2020 $9.3m (-37.6%) $-404.2k (26.3%) $-122.6k (87.2%) -4.3% (-18.2%) $-4.16 (-220.0%)
2021 $7.4m (-20.2%) $-524.9k (-29.9%) $-860.4k (-601.7%) -7.1% (-62.7%) $-1.80 (56.7%)
2022 $12.5m (68.5%) $2.1m (503.6%) $-684.6k (20.4%) 16.9% (339.6%) $0.48 (126.7%)
2023 $9.3m (-26.0%) $-1.2m (-157.2%) $-1.2m (-75.0%) -13.1% (-177.3%) $-3.78 (-887.5%)
2024 $9.5m (2.4%) $-1.0m (15.9%) $-935.7k (21.9%) -10.8% (17.8%) $-1.36 (64.0%)
2025 $9.3m (-2.3%) $-882.7k (13.4%) $-850.0k (9.2%) -9.5% (11.3%) $-0.65 (52.2%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

SEC filings report in CNY. Values above are converted to USD for comparison with the US-listed share price.

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model

No positive free cash flow in recent history — company has not generated positive FCF

Once the company meets all DCF eligibility criteria (sufficient history, profitability, growth trends), an estimate will become available automatically. No action is needed.