China Internet Nationwide Financial Services is a holding company. Through its subsidiaries, Co. provides financial advisory services to its clients, which comprise of small-to-medium sized enterprises. Co. provides financial advisory services including commercial payment advisory services, international corporate financing advisory services, intermediary bank loan advisory services, and supply chain financing services, or factoring services. Additionally, Co. is engaged in direct lending activities. Co. makes loans mainly by depositing (entrusting) these funds into accounts with banks, which in turn will make loans to its clients. We show 3 historical shares outstanding datapoints in our CIFS shares outstanding history coverage, used to compute CIFS market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CIFS market cap history over the course of time is important for investors
interested in comparing CIFS'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 CIFS versus a peer is one thing; comparing
CIFS 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 CIFS can fluctuate over the course of history.
With this page we aim to empower investors researching CIFS by allowing them to research the CIFS market cap history. |
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Video: The Importance of Market Cap
