CNIT - China Information Technology, Inc.

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Income Statement
Balance Sheet
Cash Flow

Income Statement

Annual
All numbers in thousands
Revenue12/31/201712/31/201612/31/201512/31/2014
Total Revenue18,189.27410,193.5910,284.86838,634.747
Cost of Revenue9,867.5087,607.196,381.20528,146.39
Gross Profit8,321.7662,586.43,903.66310,488.357
Operating Expenses
Research Development4,031.3133,044.9723,446.8671,477.246
Selling General and Administrative4,741.1569,676.98913,885.04725,077.278
Non Recurring----
Others----
Total Operating Expenses18,639.97720,329.15123,713.11954,700.914
Operating Income or Loss-450.703-10,135.561-13,428.251-16,066.167
Income from Continuing Operations
Total Other Income/Expenses Net319.669-8,331.0729,038.519-13,025.152
Earnings Before Interest and Taxes-450.703-10,135.561-13,428.251-16,066.167
Interest Expense-450.024-498.931-3,116.777-5,858.77
Income Before Tax-131.034-18,466.633-4,389.732-29,091.319
Income Tax Expense-1,070.34357.8444,305.028-4,599.559
Minority Interest9,134.0059,094.0859,409.71717,645.562
Net Income From Continuing Ops939.309-18,524.477-8,694.76-24,491.76
Non-recurring Events
Discontinued Operations--1,498.971-5,260.538
Extraordinary Items----
Effect Of Accounting Changes----
Other Items----
Net Income
Net Income858.605-18,170.601-7,504.262-29,231.347
Preferred Stock And Other Adjustments----
Net Income Applicable To Common Shares858.605-18,170.601-7,504.262-29,231.347