| China Auto Logistics is a holding company. Through its subsidiaries, Co.'s principal businesses include sales of imported automobiles, which Co. act as a general agent and wholesaler; financing services related to imported automobiles, which include letter of credit issuance services, purchase deposit financing, and import duty advance services; and other services including automobile information websites and advertising services (www.at188.com and www.at160.com), logistics services related to the automobile importing process and other automobile services, such as assistance with customs clearance, storage and delivery services. We show 22 historical shares outstanding datapoints in our CALI shares outstanding history coverage, used to compute CALI market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CALI market cap history over the course of time is important for investors
interested in comparing CALI'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 CALI versus a peer is one thing; comparing
CALI 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 CALI can fluctuate over the course of history.
With this page we aim to empower investors researching CALI by allowing them to research the CALI market cap history.