Huitao Technology is a holding company. Through its subsidiaries and variable interest entity, Co. engages in the production of construction materials for infrastructure, commercial and residential developments. Co. is focused mainly on engineering, producing, servicing, delivering and pumping a range of ready-mix concrete materials for construction projects. Co.'s concrete sales business is comprised of the formulation, production and delivery of its line of C10-C100 concrete mixtures. Co.'s products include: ready-mixed concrete blends; compound admixture concrete; lightweight aggregate concrete; soil cement, foundation concrete; and c100 concrete, among others. We show 21 historical shares outstanding datapoints in our CADC shares outstanding history coverage, used to compute CADC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CADC market cap history over the course of time is important for investors
interested in comparing CADC'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 CADC versus a peer is one thing; comparing
CADC 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 CADC can fluctuate over the course of history.
With this page we aim to empower investors researching CADC by allowing them to research the CADC market cap history. |
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Video: The Importance of Market Cap
