China Eastern Airlines is engaged as air carriers in China and is a domestic airline based in and serving Shanghai. The primary focus of Co.'s business is the operation of civil aviation, including the provision of passenger, cargo, mail delivery, tour operations and other extended transportation services. Co. operates most of its flights through its three hubs located in eastern, northwestern and southwestern China, namely Shanghai, Xi'an and Kunming, respectively. We show 1 historical shares outstanding datapoints in our CEA shares outstanding history coverage, used to compute CEA market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CEA market cap history over the course of time is important for investors
interested in comparing CEA'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 CEA versus a peer is one thing; comparing
CEA 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 CEA can fluctuate over the course of history.
With this page we aim to empower investors researching CEA by allowing them to research the CEA market cap history. |
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Video: The Importance of Market Cap
