China Information Tech Cash Flow - Annual (NASDAQ:CNIT)

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$1.97 $0.05 (2.6%) CNIT stock closing price Mar 21, 2018 (Closing)

For analyzing any company like China Information Tech from an investment perspective, its important to check the cash flow statement. Financials statements like the China Information Tech income statement and China Information Tech balance sheet show that the company has profits and debt, while the cash flow statement provides details of cash flow movments. This statement can tell if a company is running out of money while still being profitable and is useful in China Information Tech stock analysis. China Information Tech had a negative net income cash flow of $-18.52M for the latest 2016. This report is very useful in measuring the short term viability of a company. The cash from operating activities for China Information Tech is $ 2016, which saw an increase from previous year.

View details of China Information Tech cash flows for latest & last 10 financial years
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Fiscal year is Jan - Dec201620152014201320122011201020092008
Net Income Cash Flow
Depreciation Depletion Amortization Cash-Flow7.02M11.45M16.68M12.6M13.82M12.61M9.5M5.85M4.34M
Net Increase (Decrease) in Assets Liabilities2.07M-15.25M-9.12M-9.34M-4.52M-12.11M-26.59M-26.83M-25.18M
Cash From (used in) Discontinued Operations--2.09M-------0.71M
Other Adjustments Net6.59M-12.83M9.56M107.56M72.05M7.27M8.56M2.32M2.32M
Net Cash from (used by) Operating Activities
Increase (Decrease) in Prop Plant And Equipment-3.16M-3.01M-3.56M-4.28M-2.92M-18.62M-34.14M-18M-8.26M
Acquisition Disposition of Subsidiaires12.31M-1.48M-5.88M-----5.49M-13.51M
Increase (Decrease) in Investments-0.04M--0.76M-0.37M-0.15M--1.18M10.26M9.31M
Other Cash Inflow (Outflow) from Investment Activities-46.58M16.54M1.43M-2.48M--27.02M-1.42M-8.57M
Net Cash from (used by) Investment Activities
Issuance (Purchase) of Equity Shares-0.37M11.47M2.39M6M-0.31M-0.68M9.38M-0.01M-
Issuance (Repayment) of Debt Securities-0.21M-0.09M-0.09M--0.03M-1.76M12.04M--
Increase (Decrease) in Bank & Other Borrowings-6.55M-35.36M4.01M6.54M9.5M-15.38M7.12M5.22M
Payment of Dividends & Other Cash Distributions---------
Other Cash from (used by) Financing Activities--0.14M-1.96M2.32M-1.74M--
Net Cash from (used by) Financing Activities
Effect of Exchange Rate Changes on Cash------1.52M-0.01M1.07M
Net Change in Cash & Cash Equivalents
Cash & Equivalents at Beginning of Year3.78M11.18M11.08M10.74M14.01M18.16M13.47M9.56M19.75M
Cash & Equivalents at Year End3.75M3.78M11.18M11.08M10.74M14.01M18.16M13.47M9.56M
All figures in USD. M: Millions of USD, B: Billions of USD.
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The statement of cash flows comprises of cash flow from financing, cash flow from operations and cash flow from investing activities. All the three can have an impact on the stock price. The China Information Tech stock price history and China Information Tech stock comparison chart inevitably reflect its cash flow situation.

  • Net Change in Cash and Cash Equivalents: A positive net change in cash and cash equivalents shows that China Information Tech is able to meet its expenditure and grow cash at hand which demonstrates the financial strength of the company's balance sheet. Also see - China Information Tech stock price movement.
  • Cash Flow from operating activities: China Information Tech reported a negative operating cash flow of $-2.82M for 2016 and has seen an increase from the previous year. Operating cash flow comes from main business activities. Investors look for positive cash flow from recurring operating activities.
  • Growth companies, typically most tech companies; spend heavily on investing activities and this figure stood at $9.1M for CNIT stock. Sometimes a company might have a negative overall cash flow which may not be really bad if it is due to investment expenses. Hence it is important to check the cash flow from investment activities.
  • Cash flow from financing activities shows the flow of cash between China Information Tech and its owners and creditors and was $-7.15M for 2016. Financing activities allow a company to raise capital, and repay bondholders.

Key Financial Ratios For China Information Tech Cash Flow

Annual Cash Flow Statements For China Information Technology, Inc. - Ordinary Shares Peers

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