Senmiao Technology is a holding company. Via its subsidiaries, Co. facilitates automobile transaction and related services focusing on the ride-hailing industry in People's Republic of China. Co.'s Automobile Transaction and Related Services are comprised of facilitation of automobile transaction and financing where it connects the drivers to financial institutions to buy, or get financing on the purchase of, cars to be used to provide ride-hailing services; automobile sales where it procures new cars from dealerships and sells them to its customers in the automobile financing facilitation business; automobile operating lease where it provides car rental services and automobile financing. We show 23 historical shares outstanding datapoints in our AIHS shares outstanding history coverage, used to compute AIHS market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing AIHS market cap history over the course of time is important for investors
interested in comparing AIHS's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of AIHS versus a peer is one thing; comparing
AIHS market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like AIHS can fluctuate over the course of history.
With this page we aim to empower investors researching AIHS by allowing them to research the AIHS market cap history. |
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Video: The Importance of Market Cap
