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China Information Technology is a provider of integrated cloud-based platform, exchange, and big data solutions to the Chinese new media, education residential community management, and elevator IoT industries. Its Internet ecosystem enables all participants of the new media community to efficiently promote brands, disseminate information, and exchange resources. In addition, Co. provides a broad portfolio of software, hardware and fully integrated solutions, including information technology infrastructure, Internet-enabled display technologies to customers in government, education, healthcare, media, transportation, and other private sectors. According to our CNIT split history records, CNIT has had 2 splits.
CNIT split history picture
CNIT (CNIT) has 2 splits in our CNIT split history database. The first split for CNIT took place on April 27, 1998. This was a 3 for 1 split, meaning for each share of CNIT owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 3000 share position following the split. CNIT's second split took place on March 02, 2012. This was a 1 for 2 reverse split, meaning for each 2 shares of CNIT owned pre-split, the shareholder now owned 1 share. For example, a 3000 share position pre-split, became a 1500 share position following the split.

When a company such as CNIT splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business. When a company such as CNIT conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.

Looking at the CNIT split history from start to finish, an original position size of 1000 shares would have turned into 1500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into CNIT shares, starting with a $10,000 purchase of CNIT, presented on a split-history-adjusted basis factoring in the complete CNIT split history. CNIT split adjusted history picture

Growth of $10,000.00
Without Dividends Reinvested

Start date: 04/25/2014
End date: 06/04/2018
Start price/share: $4.81
End price/share: $1.76
Dividends collected/share: $0.00
Total return: -63.41%
Average Annual Total Return: -21.69%
Starting investment: $10,000.00
Ending investment: $3,658.82
Years: 4.11
Date Ratio
04/27/19983 for 1
03/02/20121 for 2
CNIT is categorized under the Technology sector; below are some other companies in the same sector that also have a history of stock splits:

CNTF Split History
COA Split History
COHU Split History
COIN Split History
COMM Split History
CPAH Split History
CPWR Split History
CREE Split History
CREX Split History
CRKN Split History

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