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What drives Recon Technology, Ltd’s return on equity?

ROE is five filed business factors multiplied together.

DuPont return on equity factor treeReturn on equity branches into tax burden, interest burden, operating margin, asset turnover, and the equity multiplier.Return on equity−67%Tax burden101%net income ÷ pretax incomeInterest burden101%pretax ÷ operating incomeOperating margin−93%operating income ÷ revenueAsset turnover0.38×revenue ÷ average assetsEquity multiplier1.85×average assets ÷ average equityAs of 2016-06-30 · 2 SEC filing sourcesBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
−$6.2MFY2016
Income before tax−$6.1MFY2016
Operating income−$6MFY2016
$6.4MFY2016
Ending assets$12MFY2016
Beginning assets$22.1MFY2015
$6.2MFY2016
$12.2MFY2015
Source:
  • SEC filingFiling detailsAccession 0001144204-15-056510
  • SEC filingFiling detailsAccession 0001144204-16-125768
· event Jun 30, 2016 · retrieved Jul 26, 2026 · annual-row source set
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