China XD Plastics Company is a chemical company engaged in the research, development, manufacture and sale of modified plastics for automotive applications in China and to a lesser extent, in Dubai, United Arab Emirates. Through its subsidiaries, Co. manufactures and sells polymer composite materials, primarily for automotive applications. Co.'s products include the following categories: Modified Polypropylene, Modified Acrylonitrile Butadiene Styrene, Modified Polyamide 66, Modified Polyamide 6, Modified Polyoxymethylenes, Modified Polyphenylene Oxide, Plastic Alloy, Modified Polyphenylene Sulfide, Modified Polyimide, Modified Polylactic acid, Poly Ether Ether Ketone, and Polyethylene. We show 43 historical shares outstanding datapoints in our CXDC shares outstanding history coverage, used to compute CXDC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CXDC market cap history over the course of time is important for investors
interested in comparing CXDC'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 CXDC versus a peer is one thing; comparing
CXDC 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 CXDC can fluctuate over the course of history.
With this page we aim to empower investors researching CXDC by allowing them to research the CXDC market cap history. |
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Video: The Importance of Market Cap
