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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)
Net Issuance of Stock
$-0.38 Mil (TTM As of Dec. 2016)

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. 2016 was $0.01 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. 2016 was $-0.38 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. 2016 was $-0.38 Mil.

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

China Information Technology Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
Net Issuance of Stock 0.000.00-0.019.38-0.68-0.326.002.3911.48-0.38

China Information Technology Inc Semi-Annual Data

Jun12Dec12Jun13Dec13Jun14Dec14Jun15Dec15Jun16Dec16
Net Issuance of Stock -0.320.000.000.002.390.0012.79-1.31-0.390.01
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