China Commercial Credit is a financial services firm. Co. provides direct loans and loan guarantee services to small-to-medium sized businesses, farmers and individuals in the city of Wujiang, Jiangsu Province. Co. has three business lines: lending, guarantee and financial leasing. For its lending and guarantee services, Co. provides direct loans and guarantee services to borrowers in the Jiangsu Province. In its direct loan business, Co. provides short-term loans to the borrowers and generate interest income. In its guarantee business, Co. acts as a guarantor to borrowers applying for short-term direct loans with other lenders and generate fee income. We show 20 historical shares outstanding datapoints in our CCCR shares outstanding history coverage, used to compute CCCR market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CCCR market cap history over the course of time is important for investors
interested in comparing CCCR'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 CCCR versus a peer is one thing; comparing
CCCR 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 CCCR can fluctuate over the course of history.
With this page we aim to empower investors researching CCCR by allowing them to research the CCCR market cap history. |
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Video: The Importance of Market Cap
