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GuruFocus has detected 3 Warning Signs with China Information Technology Inc \$CNIT.
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China Information Technology Inc (NAS:CNIT)
Pre-Tax Income
\$-4.39 Mil (TTM As of Jun. 2016)

Pretax income is the income that a company earns before paying income taxes. China Information Technology Inc's pretax income for the six months ended in Jun. 2016 was \$-7.45 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jun. 2016 was \$-4.39 Mil. China Information Technology Inc's pretax margin was -252.03%.

During the past 11 years, China Information Technology Inc's highest Pretax Margin was 86.62%. The lowest was -216.47%. And the median was 17.32%.

Definition

This is the income that a company earns before paying income taxes.

China Information Technology Inc's Pretax Income for the fiscal year that ended in Dec. 2015 is calculated as

 Pretax Income = Operating Income + Non-Recurring Items + Interest Expense + Interest Income + Other = -26.963 + 25.614 + -3.117 + 0.077 + -0.000999999999999 = -4.39

China Information Technology Inc's Pretax Income for the quarter that ended in Jun. 2016 is calculated as

 Pretax Income = Operating Income + Non-Recurring Items + Interest Expense + Interest Income + Other = -6.563 + -0.602 + -0.3 + 0.015 + 0 = -7.45

For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. China Information Technology Inc Pre-Tax Income for the trailing twelve months (TTM) ended in Jun. 2016 was \$-4.39 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Explanation

China Information Technology Inc's Pretax Margin for the quarter that ended in Jun. 2016 is calculated as

 Pretax Margin = Pretax Income / Revenue = -7.45 / 2.956 = -252.03%

During the past 11 years, China Information Technology Inc's highest Pretax Margin was 86.62%. The lowest was -216.47%. And the median was 17.32%.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

China Information Technology Inc Annual Data

 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Pretax Income 1.88 13.53 24.86 34.03 43.34 9.37 -89.81 -119.97 -29.09 -4.39

China Information Technology Inc Semi-Annual Data

 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Pretax Income -5.37 -21.20 -68.61 -52.58 -67.39 -1.01 -28.08 -6.78 2.39 -7.45
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