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

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$1.98 $0.02 (1%) CNIT stock closing price Mar 16, 2018 (Closing)

For analyzing any company like China Information Tech from an investment perspective, its important to check the cash flow statement. While its important to look at the China Information Tech debt position, the cash flow statement becomes equally important because public companies use accrual accounting. For example, if a company sells a product which gets counted as China Information Tech revenue but does not convert to cash because it does not receive payment in the same quarter, it affects the cash position for that period. 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 positive net income cash flow of $1.15M till this quarter of 2017 Q3. This report is very useful in measuring the short term viability of a company. The cash from operating activities for China Information Tech is $ 2017 Q3, which saw a decrease from previous quarter.

View and download details of China Information Tech cash flows for latest & last 40 quarters
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Fiscal year is Jan - Dec2017 Q32017 Q22016 Q42016 Q22015 Q4
Net Income Cash Flow
Depreciation Depletion Amortization Cash-Flow2.05M1.32M7.02M2.88M11.45M
Net Increase (Decrease) in Assets Liabilities-3.14M-2.04M2.07M-1.45M-15.25M
Cash From (used in) Discontinued Operations-----2.09M
Other Adjustments Net--6.59M1.17M-12.83M
Net Cash from (used by) Operating Activities
Increase (Decrease) in Prop Plant And Equipment-1.45M-0.24M-3.16M--3.01M
Acquisition Disposition of Subsidiaires--12.31M12.51M-1.48M
Increase (Decrease) in Investments---0.04M--
Other Cash Inflow (Outflow) from Investment Activities----46.58M
Net Cash from (used by) Investment Activities
Issuance (Purchase) of Equity Shares---0.37M-0.38M11.47M
Issuance (Repayment) of Debt Securities---0.21M-0.21M-0.09M
Increase (Decrease) in Bank & Other Borrowings-0.61M-1.18M-6.55M-8.35M-35.36M
Payment of Dividends & Other Cash Distributions-----
Other Cash from (used by) Financing Activities-----0.14M
Net Cash from (used by) Financing Activities
Effect of Exchange Rate Changes on Cash-0.76M---0.3M-
Net Change in Cash & Cash Equivalents
Cash & Equivalents at Beginning of Year3.78M11.18M10.74M18.16M9.56M
Cash & Equivalents at Year End1.78M2.32M3.75M2.82M3.78M
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.
  • China Information Tech decreased its cash from operating activities to $- till 2017 Q3. Operating activities include production of goods or creating a product or providing a service, and collecting payment for the same from customers. The cash generated from these activities is refered to as cash flow from operating activities.
  • Growth companies, typically most tech companies; spend heavily on investing activities and this figure stood at $-1.45M 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: Financing activities include the cash that comes into a company in the form of loans or interest earned or shareholders money, as well as the cash that goes out. China Information Tech spent $-0.61M from financing activities,in the form of repayment of loans or interest paid, dividend pay-out to shareholders etc.

Key Financial Ratios For China Information Tech Cash Flow

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

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