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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)
12 Months Ended
Jun. 30, 2023
CNY (¥)
¥ / shares
shares
Jun. 30, 2023
USD ($)
$ / shares
shares
Jun. 30, 2022
CNY (¥)
¥ / shares
shares
Jun. 30, 2021
CNY (¥)
¥ / shares
shares
Revenue ¥ 67,114,378 $ 9,255,496 ¥ 83,777,571 ¥ 47,938,575
Cost of revenue 48,247,395 6,653,620 64,352,834 40,723,547
Gross profit 18,866,983 2,601,876 19,424,737 7,215,028
Selling and distribution expenses 10,638,978 1,467,182 10,150,802 8,038,965
General and administrative expenses 76,784,396 10,589,052 83,281,958 45,949,157
Allowance for (net recovery of) credit losses (9,038,985) (1,246,533) (658,823) 8,191,247
Impairment loss of property and equipment and other long-lived assets 1,009,124 139,165 0 768,312
Research and development expenses 8,806,205 1,214,431 8,964,217 5,846,295
Operating expenses 88,199,718 12,163,297 101,738,154 68,793,976
Loss from operations (69,332,735) (9,561,421) (82,313,417) (61,578,948)
Other income (expenses)        
Subsidy income 325,425 44,878 11,993 355,667
Interest income 13,603,487 1,876,007 5,367,979 918,629
Interest expense (2,514,850) (346,814) (1,522,526) (2,210,005)
Income (loss) from investment in unconsolidated entity 0 0 15,411 (266,707)
Gain in fair value changes of warrants liability 6,116,000 843,435 174,485,575 35,365,792
Remeasurement gain of previously held equity interests in connection with step acquisition 0 0 0 979,254
Foreign exchange transaction gain (loss) 241,652 33,325 (118,456) (146,898)
Impairment loss on goodwill and intangible assets (9,980,002) (1,376,305) (2,266,893) 0
Other income 82,970 11,442 15,855 192,137
Other income, net 7,874,682 1,085,968 175,988,938 35,187,869
Income (loss) before income tax (61,458,053) (8,475,453) 93,675,521 (26,391,079)
Income tax expenses (benefit) 18,339 2,529 (613,874) (524,251)
Net income (loss) (61,476,392) (8,477,982) 94,289,395 (25,866,828)
Less: Net loss attributable to non-controlling interests (2,309,091) (318,438) (1,297,400) (3,034,094)
Net income (loss) attributable to Recon Technology, Ltd (59,167,301) (8,159,544) 95,586,795 (22,832,734)
Comprehensive income (loss)        
Net income (loss) (61,476,392) (8,477,982) 94,289,395 (25,866,828)
Foreign currency translation adjustment 23,819,712 3,284,889 9,332,625 (850,895)
Comprehensive income (loss) (37,656,680) (5,193,093) 103,622,020 (26,717,723)
Less: Comprehensive loss attributable to non- controlling interests (2,309,091) (318,438) (1,297,400) (3,034,094)
Comprehensive income (loss) attributable to Recon Technology, Ltd ¥ (35,347,589) $ (4,874,655) ¥ 104,919,420 ¥ (23,683,629)
Earning (loss) per ordinary share -Basic | (per share) ¥ (27.43) $ (3.78) ¥ 55.52 [1] ¥ (30.04) [1]
Earning (loss) per ordinary share -Diluted | (per share) ¥ (27.43) [1] $ (3.78) ¥ 55.52 [1] ¥ (30.04) [1]
Weighted average shares -Basic [1] 2,157,158 2,157,158 1,721,529 760,116
Weighted average shares -Diluted [1] 2,157,158 2,157,158 1,721,529 760,116
Third parties        
Revenue ¥ 67,114,378 $ 9,255,496 ¥ 83,777,571 ¥ 47,852,918
Cost of revenue 48,247,395 6,653,620 64,352,834 40,723,547
Related party        
Revenue ¥ 0 $ 0 ¥ 0 ¥ 85,657
[1] Retrospectively restated for the 1-for-18 reverse stock split on May 1, 2024.