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China Information Technology Inc (NAS:CNIT)
Revenue
$76.15 Mil (TTM As of Jun. 2014)

China Information Technology Inc's revenue for the six months ended in Jun. 2014 was $29.98 Mil. Its revenue for the trailing twelve months (TTM) ended in Jun. 2014 was $76.15 Mil. China Information Technology Inc's revenue per share for the six months ended in Jun. 2014 was $1.08. Its revenue per share for the trailing twelve months (TTM) ended in Jun. 2014 was $2.78.

Warning Sign:

China Information Technology Inc revenue has been in decline for the last 5 years.

During the past 12 months, the average Revenue per Share Growth Rate of China Information Technology Inc was 79.70% per year. During the past 3 years, the average Revenue per Share Growth Rate was -23.80% per year. During the past 5 years, the average Revenue per Share Growth Rate was -13.70% per year.

During the past 9 years, China Information Technology Inc's highest 3-Year average Revenue per Share Growth Rate was 317.60% per year. The lowest was -23.80% per year. And the median was 33.05% per year.


Definition

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. China Information Technology Inc Revenue for the trailing twelve months (TTM) ended in Jun. 2014 was $76.15 Mil.

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


Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


• Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
• Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
• Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Related Terms

Net Income, Cost of Goods Sold, Operating Income, Pre-Tax Income


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
Revenue 0.000.092.1830.3485.30101.00163.85114.5486.3876.15

China Information Technology Inc Semi-Annual Data

Dec10Mar11Jun11Sep11Dec11Jun12Dec12Jun13Dec13Jun14
Revenue 61.2226.9527.8928.4631.2429.560.0037.2838.8629.98
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