XML 55 R38.htm IDEA: XBRL DOCUMENT v3.22.2.2

SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Jun. 30, 2022

SIGNIFICANT ACCOUNTING POLICIES

Schedule of estimated useful life

​

​	​	​
Items		Useful life
Motor vehicles		5-10 years
Office equipment		2-5 years
Production equipment		10-20 years

Schedule of information about contract assets and contract liabilities from contracts with customers

​

​	​	​	​	​	​	​	​	​	​
​		June 30,			June 30,			June 30,
​	​	2021		​	2022		​	2022
​	​	RMB		​	RMB		​	U.S. Dollars
Contract costs		¥	48,795,906		¥	33,858,820	​	$	5,055,274
Contract liabilities		¥	7,686,276		¥	2,107,277	​	$	314,626

Schedule of Earnings Per Share, Basic and Diluted

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

For the years ended June 30,

​

​

2020

​

2021

​

2022

2022

​

RMB

RMB

RMB

U.S. Dollars

Numerator:

​

​

​

​

Net income (loss) attributable to Recon Technology, Ltd

​

¥

(19,246,701)

​

¥

(22,832,734)

​

¥

95,586,795

​

$

14,271,539

​

​

​

​

​

​

​

​

​

​

​

​

​

Denominator:

​

​

​

​

Weighted-average number of ordinary shares outstanding – basic

​

4,624,615

​

12,697,024

​

30,002,452

​

30,002,452

Outstanding options/warrants/convertible notes

​

426,854

​

10,522,294

​

10,536,433

​

10,536,433

Potentially dilutive shares from outstanding options/warrants/convertible notes

​

—

​

—

​

—

​

—

Weighted-average number of ordinary shares outstanding – diluted

​

4,624,615

​

12,697,024

​

30,002,452

​

30,002,452

​

​

​

​

​

​

​

​

​

​

​

​

​

Earnings (loss) per share – basic

​

¥

(4.16)

​

¥

(1.80)

​

¥

3.19

​

$

0.48

Earnings (loss) per share – diluted

​

¥

(4.16)

​

¥

(1.80)

​

¥

3.19

​

$

0.48

X

- Definition

Represents in information pertaining to the estimated useful life.

+ References

No definition available.

+ Details

Name:	rcon_ScheduleOfEstimatedUsefulLifeTableTextBlock
Namespace Prefix:	rcon_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_AccountingPoliciesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 10
-URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130551-203045

+ Details

Name:	us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257

+ Details

Name:	us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration