China Information Technology Company Profile (NASDAQ:CNIT)

About China Information Technology (NASDAQ:CNIT)

China Information Technology logoChina Information Technology, Inc. (CNIT), formerly China Information Security Technology, Inc., specializes in geographic information systems (GIS), digital public security and hospital information systems. CNIT manages its operations in the development areas of China including the South, the North, the East, the Central, the Southwest, the Northwest China, as well as the Northeast. The Company has established its presence in approximately 30 provinces and provincial cities in China, including Beijing, Shanghai, Guangzhou, Chongqing, Zhejiang, Jiangsu, Jiangxi, Fujian, Hainan, Hubei, Hunan, Guangxi, Inner Mongolia, Xinjiang, Shanxi, Shanxi, Shandong, Henan and Hebei. CNIT owns subsidiaries, which provide solutions on public security, digital healthcare, digital multimedia, education, Internet technology and digital image display.

Industry, Sector and Symbol:
  • Sector: Industrial Products
  • Industry: Application Software
  • Sub-Industry: N/A
  • Symbol: NASDAQ:CNIT
  • CUSIP: N/A
  • Web: www.chinacnit.com
Capitalization:
  • Market Cap: $37.33 million
  • Outstanding Shares: 40,231,000
Average Prices:
  • 50 Day Moving Avg: $0.95
  • 200 Day Moving Avg: $0.83
  • 52 Week Range: $0.57 - $1.18
P/E:
  • Trailing P/E Ratio: N/A
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $10.19 million
  • Price / Sales: 3.55
  • Book Value: $0.09 per share
  • Price / Book: 10.00
Profitability:
  • EBIDTA: ($8,340,000.00)
Debt:
  • Current Ratio: 0.73%
  • Quick Ratio: 0.66%
Misc:
  • Average Volume: 125,775 shs.
  • Beta: 2.29
  • Short Ratio: 0.88
 

Frequently Asked Questions for China Information Technology (NASDAQ:CNIT)

What is China Information Technology's stock symbol?

China Information Technology trades on the NASDAQ under the ticker symbol "CNIT."

Who are some of China Information Technology's key competitors?

Who owns China Information Technology stock?

China Information Technology's stock is owned by a number of of institutional and retail investors. Top institutional investors include LIN JIANG HUAI (42.00%). View Institutional Ownership Trends for China Information Technology.

How do I buy China Information Technology stock?

Shares of China Information Technology can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is China Information Technology's stock price today?

One share of China Information Technology stock can currently be purchased for approximately $0.90.


MarketBeat Community Rating for China Information Technology (NASDAQ CNIT)
Community Ranking:  1.7 out of 5 ()
Outperform Votes:  2 (Vote Outperform)
Underperform Votes:  4 (Vote Underperform)
Total Votes:  6
MarketBeat's community ratings are surveys of what our community members think about China Information Technology and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for China Information Technology (NASDAQ:CNIT) (How are Consensus Ratings Calculated?)
Ratings Breakdown: No ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Consensus Price Target: N/A

Analysts' Ratings History for China Information Technology (NASDAQ:CNIT)
Show:
No equities research coverage for this company has been tracked by MarketBeat.com

Earnings

Earnings History for China Information Technology (NASDAQ:CNIT)
Earnings by Quarter for China Information Technology (NASDAQ:CNIT)
Earnings History by Quarter for China Information Technology (NASDAQ CNIT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/22/2013Q4 2012($0.86)$31.24 million$29.40 millionViewN/AView Earnings Details
11/7/2012Q312($0.79)$28.46 million$27.42 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for China Information Technology (NASDAQ:CNIT)

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Dividend History for China Information Technology (NASDAQ:CNIT)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for China Information Technology (NASDAQ:CNIT)
Insider Ownership Percentage: 45.40%
Institutional Ownership Percentage: 0.91%
Insider Trades by Quarter for China Information Technology (NASDAQ:CNIT)
Insider Trades by Quarter for China Information Technology (NASDAQ:CNIT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/10/2012Jiang Huai LinCEOBuy1,400,000$1.10$1,540,000.00View SEC Filing  
8/24/2012Jiang Huai LinCEOBuy25,600$0.87$22,272.00View SEC Filing  
8/23/2012Jiang Huai LinCEOBuy51,200$0.92$47,104.00View SEC Filing  
8/21/2012Jiang Huai LinCEOBuy65,625$0.85$55,781.25View SEC Filing  
8/16/2012Jiang Huai LinCEOBuy83,462$0.83$69,273.46View SEC Filing  
8/10/2012Jiang Huai LinCEOBuy24,213$0.86$20,823.18View SEC Filing  
8/7/2012Jiang Huai LinCEOBuy12,800$0.99$12,672.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for China Information Technology (NASDAQ:CNIT)
Latest Headlines for China Information Technology (NASDAQ:CNIT)
Source:
DateHeadline
finance.yahoo.com logoCNIT Projects 2017 Revenue At $17-$19 Million, Adjusted Net Income Of $3.2- $3.6 Million
finance.yahoo.com - July 10 at 5:19 PM
finance.yahoo.com logoCNIT Signs $1 Million Cloud-Based Ad Terminal Contract for Anhui Province
finance.yahoo.com - June 12 at 5:23 PM
finanznachrichten.de logoEQS-News: CNIT CHAIRMAN/CEO IN PRIVATE PURCHASE OF 1 MILLION COMPANY SHARES
www.finanznachrichten.de - June 9 at 10:02 PM
finance.yahoo.com logoCNIT Chairman/CEO in Private Purchase of 1 Million Company Shares
finance.yahoo.com - June 9 at 6:35 AM
wsj.com logoApple iPhone Data Theft Tests China’s New Cybersecurity Law
www.wsj.com - June 8 at 8:17 AM
finanznachrichten.de logoCHINA INFORMATION TECHNOLOGY INC
www.finanznachrichten.de - June 6 at 4:34 PM
finance.yahoo.com logoChina Information Technology, Inc. Signs $1 Million Cloud-Based Ad Terminal Contract for Fujian Province
finance.yahoo.com - June 5 at 12:11 PM
finance.yahoo.com logoCNIT Signs $2 Million Cloud-Based Ad Terminal Contract for Shenzhen
finance.yahoo.com - May 30 at 11:59 AM
finance.yahoo.com logoEQS-News: CNIT Signs $1.5 Million Cloud-Based Ad Terminal Contract for Shanghai Company Projects Total 2017 Cloud-Based Ad Terminal Revenue of $17.5 Million
finance.yahoo.com - May 22 at 12:33 PM
bloomberg.com logoChina Metals Bulls Aren't Panicking Just Yet as Rally Fades
www.bloomberg.com - May 12 at 9:58 PM
finance.yahoo.com logoChina Information Technology, Inc. :CNIT-US: Earnings Analysis: For the six months ended December 31, 2016 : May 2, 2017
finance.yahoo.com - May 2 at 7:17 PM
finanznachrichten.de logoEQS-News: CNIT ANNOUNCES 2016 FINANCIAL RESULTS -2-
www.finanznachrichten.de - April 28 at 5:20 PM
finance.yahoo.com logoCNIT Announces 2016 Financial Results
finance.yahoo.com - April 28 at 5:20 PM
americanbankingnews.com logoChina Information Technology, Inc. - (CNIT) Earns Media Sentiment Rating of 0.24
www.americanbankingnews.com - April 24 at 8:16 PM
finanznachrichten.de logoEQS-News: CNIT Shares Transfer Today to Nasdaq Capital Market; Company Granted Additional 180 Day Period to Meet Minimum Bid Requirement
www.finanznachrichten.de - April 19 at 12:47 PM
finance.yahoo.com logoCNIT Shares Transfer Today to Nasdaq Capital Market; Company Granted Additional 180 Day Period to Meet Minimum Bid Requirement
finance.yahoo.com - April 19 at 12:47 PM
finance.yahoo.com logoCNIT Introduces Advanced IoT Elevator Safety Solution
finance.yahoo.com - March 28 at 12:35 PM
finance.yahoo.com logoInteractive Projector Market by Technology, Projection Distance, Dimension, Application, Resolution, and Region - Global Forecast to 2022
finance.yahoo.com - March 14 at 6:21 PM
finance.yahoo.com logoCNIT Signs Follow-up Sale of Cloud-based Elevator Ad Terminals for Beijing and Shanghai
finance.yahoo.com - January 17 at 8:57 AM
finance.yahoo.com logoCNIT Signs Contract to Sell 50,000 Sets of Elevator IoT Products
finance.yahoo.com - November 30 at 8:55 AM
finanznachrichten.de logoEQS-News: CNIT CEO Letter to Shareholders Projects Profitability in Second Half of 2017
www.finanznachrichten.de - November 21 at 9:15 AM
finance.yahoo.com logoCNIT CEO Letter to Shareholders Projects Profitability in Second Half of 2017
finance.yahoo.com - November 21 at 9:15 AM
finance.yahoo.com logoCNIT Chairman & CEO to Purchase Up to $1 Million of Company's Ordinary Shares
finance.yahoo.com - November 10 at 10:45 AM
wsj.com logoChina’s New Cybersecurity Law Rattles Foreign Tech Firms
www.wsj.com - November 8 at 1:02 PM
finance.yahoo.com logoCNIT Receives Nasdaq Notification of Non-Compliance With a Continued Listing Requirement
finance.yahoo.com - October 19 at 9:14 AM
finance.yahoo.com logoCNIT Enters into Marketing Joint Venture for Shandong Province
finance.yahoo.com - October 13 at 7:52 AM
finance.yahoo.com logoEQS-News: CNIT Receives Withdrawal of Going Private Proposal
finance.yahoo.com - October 11 at 4:27 PM
wsj.com logoChina Opens Antitrust Investigation of Didi-Uber Deal
www.wsj.com - September 2 at 4:06 PM
finance.yahoo.com logoCNIT Announces First Half-Year 2016 Results
finance.yahoo.com - September 2 at 9:06 AM
finanznachrichten.de logoEQS-News: CNIT ANNOUNCES FIRST HALF-YEAR 2016 -3-
www.finanznachrichten.de - August 31 at 4:16 PM
finanznachrichten.de logoEQS-News: CNIT ANNOUNCES FIRST HALF-YEAR 2016 RESULTS
www.finanznachrichten.de - August 30 at 4:18 PM
finance.yahoo.com logo8:43 am China Information Tech reports H1 results; beginning in the latter part of 2017, co should experience 'a sustained period of accelerating revenue'
finance.yahoo.com - August 30 at 4:18 PM
wsj.com logoChina Sets New Tone in Drafting Cybersecurity Rules
www.wsj.com - August 26 at 10:44 AM
wsj.com logoTim Cook, in China, Seeks to Stem Apple’s Losses
www.wsj.com - August 18 at 4:20 PM
News IconApple will build its first R&D center in China by the end of the year
www.businessinsider.com - August 17 at 10:49 AM
wsj.com logoThe Morning Download: China Launches First Quantum Communications Satellite
blogs.wsj.com - August 16 at 4:22 PM
finanznachrichten.de logoEQS-News: CNIT to Provide Cloud-access Upgrade for 10,000 Elevator Display Terminals
www.finanznachrichten.de - July 28 at 12:16 PM
finance.yahoo.com logoCNIT to Provide Cloud-Access Upgrade for 10,000 Elevator Display Terminals
finance.yahoo.com - July 28 at 6:30 AM
bloomberg.com logoChina Bans Highway Testing of Autonomous Cars Pending Regulation
www.bloomberg.com - July 19 at 10:33 AM
marketwatch.com logoChina IoT Market Worth 121.45 Billion USD by 2022
www.marketwatch.com - July 14 at 4:33 PM
finance.yahoo.com logoCNIT Receives Order for 800 Elevator Ad Terminals in Four Cities
finance.yahoo.com - July 12 at 7:07 AM
businesswire.com logoCompuCom and Getronics Announce Selection of Topnew Info as Strategic China and Hong Kong Partner for Global Workspace Alliance 2.0
www.businesswire.com - July 8 at 12:16 PM
nasdaq.com logoChina's Airbnb Snaps Up Rival
www.nasdaq.com - June 24 at 4:25 PM

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Chart

China Information Technology (CNIT) Chart for Friday, July, 21, 2017

This page was last updated on 7/21/2017 by MarketBeat.com Staff