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Last $3.39 USD
Change Today -0.34 / -9.12%
Volume 107.6K
CNIT On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 11:00 AM 05/29/15 All times are local (Market data is delayed by at least 15 minutes).

china information technology (CNIT) Snapshot

Open
$3.73
Previous Close
$3.73
Day High
$3.73
Day Low
$3.36
52 Week High
05/20/15 - $7.35
52 Week Low
02/11/15 - $2.91
Market Cap
116.5M
Average Volume 10 Days
304.9K
EPS TTM
--
Shares Outstanding
34.4M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for CHINA INFORMATION TECHNOLOGY (CNIT)

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china information technology (CNIT) Details

China Information Technology, Inc. operates as an Internet service company that provides cloud-based platform, exchange, and big data solutions enabling innovation and smart living in the education, healthcare, new media, finance, and transportation sectors in the People's Republic of China. The company, through its proprietary Cloud-App-Terminal model, provides ‘Cloud Nest’ big data services to the traditional media industry. The company provides integrated smart data platforms to governments, enterprises, and urban users. It also creates Internet ecosystem that enables vertical industry applications with cloud media, cloud meeting, Taoping Net, Tao Meeting, Touch One Pass, Healthcare One Pass, and Shopping One Pass. The company was formerly known as China Information Security Technology, Inc. and changed its name to China Information Technology, Inc. in August 2010. China Information Technology, Inc. is headquartered in Shenzhen, the People’s Republic of China.

1,210 Employees
Last Reported Date: 03/31/15

china information technology (CNIT) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

china information technology (CNIT) Key Developments

China Information Technology, Inc. Presents at Marcum Microcap Conference 2015, May-28-2015 10:00 AM

China Information Technology, Inc. Presents at Marcum Microcap Conference 2015, May-28-2015 10:00 AM. Venue: Grand Hyatt New York, Park Avenue at Grand Central, New York, NY 10017, United States. Speakers: Robin YANG, Chief Financial Officer.

China Information Technology Inks Deal with Wudang District on New Media Project, Smart Guiyang

China Information Technology (CNIT) has entered into a strategic agreement with the Wudang District government in Guiyang City to collaborate on the CNIT Internet + Smart Guiyang project. CNIT will apply new media in elevators, bus stops, healthcare, public transportation and residential communities. CNIT plans to use its proprietary Cloud-App-Terminal model and Cloud-Nest data analytics to build an Elevator Internet of Things platform and an Internet Smart Bus Stops platform. The company will build a local cloud-computing center to provide technical and service support for its new media offerings. The local government of Wudang district will assisting CNIT by providing funding support and preferential policies in company setup, local hiring, and furnishing of office space.

China Information Technology Enters into Strategic Agreement with Sznews.com to Collaborate on the 'Internet + Smart City' Project

China Information Technology, Inc. announced that it has entered into a five-year strategic agreement with Sznews.com Co., Ltd. to collaborate on the 'Internet + Smart City' project involving industries such as healthcare, education, and transportation. CNIT and Shenzhen News will initially collaborate on the "Healthy City" project. According to the agreement, Shenzhen News will leverage on the competitive strength of its parent company in media content and resources to operate the new media platform associated with "Healthy Shenzhen" and other cities. Specifically, Shenzhen News will support the "Healthy City" new media platforms with contents including healthcare related news, information, activities, education, as well as allocating paid advertisement based on the Company's cloud-based new media and Taoping Net. In addition, Shenzhen Press will market the new media campaign within its online and offline media network to attract customers and business partners. CNIT will be responsible for the setup of healthcare platforms in Shenzhen and other cities. Leveraging on cloud-based new media, Taoping Net, and Healthcare One Pass, the Company will build an online healthcare information platform, provide smartphone-based healthcare services, and activate healthcare simulcast on connected digital displays. The Company will install cloud-based new media terminals at hospitals and community clinics in Shenzhen and other high-traffic venues such as airport, hotels, shopping malls, railways stations and residential communities, connecting terminals to create regional advantage and promote Smart City.

 

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Valuation CNIT Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.9x
Price/Book 6.4x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.6x
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