China Information Technology (CNIT)
Create an AlertChina Information Technology Net PP&E:
66.27M for Dec. 31, 2012China Information Technology Historical Net PP&E Data
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| Data for this Date Range | |
|---|---|
| Dec. 31, 2012 | 66.27M |
| Sept. 30, 2012 | 74.50M |
| June 30, 2012 | 86.51M |
| March 31, 2012 | 89.07M |
| Dec. 31, 2011 | 91.16M |
| Sept. 30, 2011 | 88.60M |
| June 30, 2011 | 85.11M |
| March 31, 2011 | 80.99M |
| Dec. 31, 2010 | 79.35M |
| Sept. 30, 2010 | 75.22M |
| June 30, 2010 | 62.61M |
| March 31, 2010 | 52.78M |
| Dec. 31, 2009 | 53.59M |
| Sept. 30, 2009 | 23.58M |
| June 30, 2009 | 21.47M |
| March 31, 2009 | 22.95M |
| Dec. 31, 2008 | 23.56M |
| Sept. 30, 2008 | 22.02M |
| June 30, 2008 | 23.55M |
| March 31, 2008 | Go Pro |
| Dec. 31, 2007 | Go Pro |
| Sept. 30, 2007 | Go Pro |
| June 30, 2007 | Go Pro |
| March 31, 2007 | Go Pro |
| Dec. 31, 2006 | Go Pro |
| Sept. 30, 2006 | Go Pro |
| June 30, 2006 | Go Pro |
| March 31, 2006 | Go Pro |
About Net PP&E
Net PP&E is short for Net Property Plant and Equipment. Property Plant and Equipment is the value of all buildings, land, furniture, and other physical capital that a business has purchased to run its business. The term "Net" means that it is "Net" of accumulated depreciation expenses.
For example, assume that a company buys a building worth $1,000,000, along with $50,000 of furniture. Their Net PP&E at the moment of purchase is $1,050,000.
Each year, however, the company must depreciate the value of that PP&E to account for the fact that it will wear out an need to be fixed or re-purchased in the future. Assume that in the first year, the company depreciates the building and furniture by $105,000 (or 10% of the original value). Then, at the end of the year, its Net PP&E is:
$1,050,000 - $105,000 = $945,000
As the company buys more PP&E, the value of its Net PP&E will increase, and as time passes, the value will decrease according to depreciation expenses.
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CNIT Net PP&E Benchmarks
| Companies | |
|---|---|
| Helios and Matheson Analytics | 0.0527M |
| Dynamics Research Corporation | 13.54M |
| Edgewater Technology | 1.899M |
CNIT Net PP&E Rankings
| Overall |
73rd percentile 4361 of 16773 |
| Sector |
80th percentile 388 of 2034 in Technology |
| Industry |
74th percentile 34 of 131 in Information Technology Services |
CNIT Net PP&E Range, Past 5 Years
| Minimum | 21.47M | Jun 2009 |
| Maximum | 91.16M | Dec 2011 |
| Average | 59.10M |
