Fuwei Films (Holdings) is a holding company. Through its subsidiaries, Co. develops, manufactures and distributes plastic film using the biaxially- oriented stretch technique, otherwise known as BOPET film (biaxially-oriented polyethylene terephthalate). Co.'s BOPET film is used in consumer based packaging (such as food, pharmaceutical, cosmetics, tobacco and alcohol industries), imaging (such as printing plates and microfilms), electronics and electrical industries (such as PCB products, capacitors and motor insulation), and in magnetic products (such as audio and video tapes). Co.'s main products include: dry film, printing base film, heat-sealable film, and laser holographic base film. We show 4 historical shares outstanding datapoints in our FFHL shares outstanding history coverage, used to compute FFHL market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing FFHL market cap history over the course of time is important for investors
interested in comparing FFHL'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 FFHL versus a peer is one thing; comparing
FFHL 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 FFHL can fluctuate over the course of history.
With this page we aim to empower investors researching FFHL by allowing them to research the FFHL market cap history. |
Video: The Importance of Market Cap
