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CHINA INFORMATION TECHNOLOGY, INC.: 10-Q/A filed 2011-08-31

What CHINA INFORMATION TECHNOLOGY, INC. reported in its quarterly report amendment filed 2011-08-31 (fiscal Q2 2011): 41 published measures, 110 facts as tagged in accession 0001204459-11-002427.

This is an amendment. Values here are as tagged in the amendment; the original filing has its own page.

This filing

Form
10-Q/A (quarterly report amendment)
Filed
2011-08-31
Fiscal period
fiscal Q2 2011
Accession
0001204459-11-002427 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All CHINA INFORMATION TECHNOLOGY, INC. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2011-06-30357,549,519USD
At 2010-12-31339,401,724USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2011-06-30110,676,930USD
At 2010-12-31113,826,030USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2011-06-30228,623,294USD
At 2010-12-31207,072,687USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2011-06-309,631,618USD
At 2010-12-3118,166,857USD
At 2010-06-3017,745,272USD
At 2009-12-3113,478,633USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2011-04-01 to 2011-06-305,328,021USD91
2011-01-01 to 2011-06-3013,422,076USD181
2010-04-01 to 2010-06-309,654,180USD91
2010-01-01 to 2010-06-3016,046,107USD181

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2011-01-01 to 2011-06-301,901,853USD181
2010-01-01 to 2010-06-303,454,340USD181

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

PeriodValueUnitDays
2011-01-01 to 2011-06-303,331,779USD181
2010-01-01 to 2010-06-3011,038,575USD181

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

PeriodValueUnitDays
2011-04-01 to 2011-06-3027,887,779USD91
2011-01-01 to 2011-06-3054,836,527USD181
2010-04-01 to 2010-06-3033,516,888USD91
2010-01-01 to 2010-06-3058,821,995USD181

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2011-01-01 to 2011-06-30-1,161,374USD181
2010-01-01 to 2010-06-3017,242,364USD181

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2011-01-01 to 2011-06-30-9,486,173USD181
2010-01-01 to 2010-06-30-16,600,871USD181

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2011-06-30104,064,685USD
At 2010-12-3190,240,665USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2011-04-01 to 2011-06-3052,636,365shares91
2011-01-01 to 2011-06-3052,583,879shares181
2010-04-01 to 2010-06-3051,450,623shares91
2010-01-01 to 2010-06-3051,332,698shares181

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

PeriodValueUnitDays
2011-04-01 to 2011-06-3052,636,365shares91
2011-01-01 to 2011-06-3052,583,879shares181
2010-04-01 to 2010-06-3051,450,623shares91
2010-01-01 to 2010-06-3051,332,698shares181

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

PeriodValueUnitDays
2011-04-01 to 2011-06-30239,440USD91
2011-01-01 to 2011-06-301,319,958USD181
2010-04-01 to 2010-06-302,163,609USD91
2010-01-01 to 2010-06-303,334,692USD181

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2011-06-3085,114,427USD
At 2010-12-3179,348,883USD

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2011-04-01 to 2011-06-305,459,933USD91
2011-01-01 to 2011-06-3014,374,986USD181
2010-04-01 to 2010-06-3012,126,944USD91
2010-01-01 to 2010-06-3018,690,373USD181

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2011-06-30170,688,876USD
At 2010-12-31159,045,009USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

PeriodValueUnitDays
2011-04-01 to 2011-06-30776,947USD91
2011-01-01 to 2011-06-301,476,653USD181
2010-04-01 to 2010-06-30263,756USD91
2010-01-01 to 2010-06-30412,647USD181

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2011-06-30103,144,942USD
At 2010-12-31100,222,271USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

PeriodValueUnitDays
At 2011-06-3015,070,939USD
At 2010-12-3117,249,334USD

Goodwill carrying amount

Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.

PeriodValueUnitDays
At 2011-06-3053,005,334USD
At 2010-12-3151,918,275USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2011-06-3035,714,301USD
At 2010-12-3131,172,599USD

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

PeriodValueUnitDays
At 2011-06-3024,869,787USD
At 2010-12-3119,931,866USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

PeriodValueUnitDays
2011-04-01 to 2011-06-3011,922,556USD91
2011-01-01 to 2011-06-3025,577,396USD181
2010-04-01 to 2010-06-3016,798,306USD91
2010-01-01 to 2010-06-3027,915,759USD181

Cost of revenue

Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.

PeriodValueUnitDays
2011-04-01 to 2011-06-3015,965,223USD91
2011-01-01 to 2011-06-3029,259,131USD181
2010-04-01 to 2010-06-3016,718,582USD91
2010-01-01 to 2010-06-3030,906,236USD181

Research and development expense

Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.

PeriodValueUnitDays
2011-04-01 to 2011-06-301,150,407USD91
2011-01-01 to 2011-06-301,883,737USD181
2010-04-01 to 2010-06-30560,649USD91
2010-01-01 to 2010-06-301,130,080USD181

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

PeriodValueUnitDays
At 2011-06-3052,642,365shares
At 2010-12-3152,061,787shares

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

PeriodValueUnitDays
At 2011-06-3095,280,855USD
At 2010-12-3192,294,350USD

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

PeriodValueUnitDays
At 2011-06-3016,059,316USD
At 2010-12-3111,325,040USD

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

PeriodValueUnitDays
At 2011-06-30246,872,589USD
At 2010-12-31225,575,694USD

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

PeriodValueUnitDays
At 2011-06-3013,931,788USD
At 2010-12-3113,725,274USD

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

PeriodValueUnitDays
2011-04-01 to 2011-06-305,601,687USD91
2011-01-01 to 2011-06-3013,824,020USD181
2010-04-01 to 2010-06-309,352,069USD91
2010-01-01 to 2010-06-3015,633,177USD181

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

PeriodValueUnitDays
2011-04-01 to 2011-06-308,638,010USD91
2011-01-01 to 2011-06-3018,304,584USD181
2010-04-01 to 2010-06-3010,441,645USD91
2010-01-01 to 2010-06-3017,070,602USD181

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

PeriodValueUnitDays
2011-04-01 to 2011-06-303,375,472USD91
2011-01-01 to 2011-06-305,879,779USD181
2010-04-01 to 2010-06-302,621,501USD91
2010-01-01 to 2010-06-305,391,532USD181

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

PeriodValueUnitDays
2011-01-01 to 2011-06-305,161,401USD181
2010-01-01 to 2010-06-303,441,071USD181

Amortization of intangible assets

Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.

PeriodValueUnitDays
2011-01-01 to 2011-06-30882,055USD181
2010-01-01 to 2010-06-30927,048USD181

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

PeriodValueUnitDays
2011-01-01 to 2011-06-30-311,254USD181
2010-01-01 to 2010-06-30215,192USD181

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

PeriodValueUnitDays
2011-01-01 to 2011-06-300USD181
2010-01-01 to 2010-06-309,383,440USD181

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

PeriodValueUnitDays
2011-01-01 to 2011-06-306,125,482USD181
2010-01-01 to 2010-06-3010,656,507USD181

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

PeriodValueUnitDays
2011-01-01 to 2011-06-304,826,735USD181
2010-01-01 to 2010-06-3010,164,333USD181

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

PeriodValueUnitDays
2011-01-01 to 2011-06-30-1,888,310USD181
2010-01-01 to 2010-06-30-5,209,216USD181

Inspect the source

Entity
CHINA INFORMATION TECHNOLOGY, INC. / CIK 0001350684
Captured
SEC response SHA-256
f0dc24459805c5b34566929a318fa080088508ebd5696149d2d9115a7121b22a

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001350684.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))