Code Chain New Continent is a holding company. Through its subsidiaries, Co. focuses on the industrial solid waste recycling and comprehensive utilization. Co. has the following segments: research, development and sale of an array of solid waste recycling systems for the mining and industrial sectors; coal wholesales and sales of coke, steels, construction materials, mechanical equipment and steel scrap; and the research and development, production and sale of Zinc-rich coating materials. In addition, Co., through its subsidiary, Sichuan Wuge Network Games Co., Ltd., is developing Wuge Manor, a game that combines Internet of Things and e-commerce that is based on Code Chain platform. We show 12 historical shares outstanding datapoints in our CCNC shares outstanding history coverage, used to compute CCNC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CCNC market cap history over the course of time is important for investors
interested in comparing CCNC'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 CCNC versus a peer is one thing; comparing
CCNC 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 CCNC can fluctuate over the course of history.
With this page we aim to empower investors researching CCNC by allowing them to research the CCNC market cap history. |
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Video: The Importance of Market Cap
