China Jo-Jo Drugstores is a holding company. Through its subsidiaries, Co. is a retailer and distributor of pharmaceutical and other healthcare products typically found in retail pharmacies in the People's Republic of China. Co. operates in the following business segments in China: retail drugstores, online pharmacy, wholesale business selling products similar to those Co. carries in its pharmacies, and farming and selling herbs used for traditional Chinese medicine (TCM). Co. provides primarily third-party products at its pharmacies, including: prescription drugs, over-the-counter drugs, nutritional supplements, TCM, sundry products, and medical devices. We show 48 historical shares outstanding datapoints in our CJJD shares outstanding history coverage, used to compute CJJD market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CJJD market cap history over the course of time is important for investors
interested in comparing CJJD'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 CJJD versus a peer is one thing; comparing
CJJD 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 CJJD can fluctuate over the course of history.
With this page we aim to empower investors researching CJJD by allowing them to research the CJJD market cap history. |
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Video: The Importance of Market Cap
