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China Information Technology Inc (CNIT)

NASDAQ: Technology

Company Income Statement
Dec 2014 Dec 2013 Dec 2012 Dec 2011
Sales 68.16M 76.15M 86.38M 114.54M
Cost of Sales 40.92M 48.27M 52.05M 57.60M
Gross Operating Profit 27.24M 27.88M 34.32M 56.93M
Selling, General, and Administrative Expenses 36.65M 101.75M 74.40M 30.31M
Research & Development 3.04M 2.92M 4.95M 4.48M
Operating Income before D & A (EBITDA) -12.45M -76.79M -45.02M 22.14M
Depreciation & Amortization 4.77M 10.60M 13.83M 12.61M
Interest Income 435.38K 460.38K 343.29K 317.19K
Other Income - Net 1.98M 1.10M 173.14K 2.48M
Special Income / Charges -12.74M -31.99M -26.83M 0.00
Total Income Before Interest Expenses (EBIT) -27.55M -114.76M -85.16M 12.32M
Interest Expense 6.59M 5.55M 4.65M 2.95M
Pre-Tax Income -34.14M -120.31M -89.81M 9.37M
Income Taxes -4.39M 1.90M 812.25K 804.15K
Minority Interest -520.95K -2.97M -992.05K 660.78K
Net Income From Continuing Operations -29.75M -122.21M -90.62M 8.57M
Net Income From Discontinued Operations 0.00 0.00 0.00 0.00
Net Income From Total Operations -29.75M -122.21M -90.62M 8.57M
Extraordinary Income/Losses 0.00 0.00 0.00 0.00
Income From Cum. Effect of Acct. Change 0.00 0.00 0.00 0.00
Income From Tax Loss Carryforward 0.00 0.00 0.00 0.00
Other Gains / Losses 0.00 0.00 0.00 0.00
Total Net Income -29.23M -119.24M -89.63M 7.91M
Normalized Income
(Net Income From Continuing Operations,
Ex. Special Income / Charge)
-17.01M -90.22M -63.79M 8.57M
Preferred Dividends
Net Income Available To Common -29.75M -122.21M -90.62M 8.57M
Basic EPS from Continuing Ops. -0.96 -4.36 -3.32 0.30
Basic EPS from Discontinued Ops. 0.00 0.00 0.00 0.00
Basic EPS from Total Operations -0.96 -4.36 -3.32 0.30
Basic EPS from Extraordinary Inc. 0.00 0.00 0.00 0.00
Basic EPS from Cum Effect of Accounting Change 0.00 0.00 0.00 0.00
Basic EPS from Tax Loss Carryf'd. 0.00 0.00 0.00 0.00
Basic EPS from Other Gains (Losses) 0.00 0.00 0.00 0.00
Basic EPS, Total -0.96 -4.36 -3.32 0.30
Basic Normalized Net Income/Share -0.55 -3.22 -2.34 0.30
EPS fr Continuing Ops. -0.96 -4.36 -3.32 0.29
EPS fr Discontinued Ops 0.00 0.00 0.00 0.00
EPS fr Total Ops. -0.96 -4.36 -3.32 0.29
EPS fr Extraord. Inc. 0.00 0.00 0.00 0.00
EPS fr Cum Effect of Accounting Change 0.00 0.00 0.00 0.00
EPS fr Tax Loss Carfd. 0.00 0.00 0.00 0.00
EPS fr Other Gains (L) 0.00 0.00 0.00 0.00
EPS, Total -0.96 -4.36 -3.32 0.29
Diluted Normalized Net Inc/Shr
(Net Income From Continuing Operations,
Ex. Special Income / Charge)
-0.55 -3.22 -2.34 0.29
Dividends Paid per Share 0.00 0.00 0.00 0.00
CNIT News

CNIT China Information Technology Inc

Chart of CNIT

Analysts Ratings for CNIT

Rating Current 1-Mo Ago 2-Mo Ago 3-Mo Ago
Strong Buy 0 0 0 0
Moderate Buy 0 0 0 0
Hold 0 0 0 1
Moderate Sell 0 0 0 0
Strong Sell 0 0 0 0
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