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China Information Technology Inc's credit losses provision for the six months ended in Dec. 2013 was $0.00 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2013 was $0.00 Mil.
For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. China Information Technology Inc Credit Losses Provision for the trailing twelve months (TTM) ended in Dec. 2013 was $0.00 Mil.
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
China Information Technology Inc Annual Data
China Information Technology Inc Semi-Annual Data