| China Recycling Energy is a holding company. Co., through its subsidiaries, provides energy saving solutions and services. Co.'s waste energy recycling projects allow customers to recapture previously wasted pressure, heat, and gas from their manufacturing processes to generate electricity. Co.'s waste pressure-to-energy solution primarily consists of the Blast Furnace Top Gas Recovery Turbine Unit, a system that utilizes high pressure gas emitted from the blast furnace top to drive turbine units and generate electricity. Co.'s waste heat-to-energy solution primarily consists of heat power generation projects for applications in cement, steel, coking coal, and nonferrous metal industries. We show 25 historical shares outstanding datapoints in our CREG shares outstanding history coverage, used to compute CREG market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CREG market cap history over the course of time is important for investors
interested in comparing CREG'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 CREG versus a peer is one thing; comparing
CREG 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 CREG can fluctuate over the course of history.
With this page we aim to empower investors researching CREG by allowing them to research the CREG market cap history.