China Automotive Systems is a holding company. Through its subsidiary, Great Genesis Holdings Limited, Co. mainly engages in the manufacture and sale of automotive systems and components through its controlled subsidiaries and the joint ventures. Through its subsidiary, Co. is also engaged in the production and sale of modular sensors, automobile steering columns, provision of after sales and research and development services, production and sale of power steering, trade, manufacture and sales of automobile electronic systems and parts, research and development of intelligent automotive technology, and manufacture and sales of automotive motors and electromechanical integrated systems. We show 58 historical shares outstanding datapoints in our CAAS shares outstanding history coverage, used to compute CAAS market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CAAS market cap history over the course of time is important for investors
interested in comparing CAAS'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 CAAS versus a peer is one thing; comparing
CAAS 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 CAAS can fluctuate over the course of history.
With this page we aim to empower investors researching CAAS by allowing them to research the CAAS market cap history. |
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Video: The Importance of Market Cap
