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China Information Technology Inc (NAS:CNIT)
Net Issuance of Stock
$6.00 Mil (TTM As of Dec. 2013)

A company may raise cash from issuing new shares. It can also use cash to buy back shares.

China Information Technology Inc's net issuance of stock for the six months ended in Dec. 2013 was $6.00 Mil. The number is positive, which means that China Information Technology Inc has received more cash from issuing shares than it has paid to buy back shares quarterly.

China Information Technology Inc's net issuance of stock for the trailing twelve months (TTM) ended in Dec. 2013 was $6.00 Mil.


Definition

A company may raise cash from issuing new shares. It can also use cash to buy back shares. If this number is positive, it means that the company has received more cash from issuing shares than it has paid to buy back shares. If this number is negative, it means that company has paid more cash to buy back shares than it has received for issuing shares.

For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. China Information Technology Inc Net Issuance of Stock for the trailing twelve months (TTM) ended in Dec. 2013 was $6.00 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Cash from Financing


Historical Data

* 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

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Net Issuance of Stock 0.000.000.000.000.00-0.019.38-0.68-0.326.00

China Information Technology Inc Semi-Annual Data

Jun09Dec09Jun10Dec10Jun11Dec11Jun12Dec12Jun13Dec13
Net Issuance of Stock -0.010.009.380.000.00-0.68-0.320.000.006.00
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