Bitauto Holdings is a holding company. Through its subsidiaries, Co. is a provider of internet content and marketing services and transaction services for China's automotive industry. Co. has three segments: advertising and subscription business, which provides a variety of advertising services to automakers through its websites as well as corresponding mobile apps; transaction services business, which provides transaction platform services as well as self-operated financing services; and digital marketing solutions business, which provides automakers with one-stop digital marketing solutions, including website creation and maintenance, online public relations, among others. We show 1 historical shares outstanding datapoints in our BITA shares outstanding history coverage, used to compute BITA market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing BITA market cap history over the course of time is important for investors
interested in comparing BITA'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 BITA versus a peer is one thing; comparing
BITA 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 BITA can fluctuate over the course of history.
With this page we aim to empower investors researching BITA by allowing them to research the BITA market cap history. |
Free BITA Email Alerts:
Video: The Importance of Market Cap
