Gulf Resources is a holding company. Through its subsidiaries, Co. manufactures and trades bromine and crude salt, natural gas, manufactures and sells chemical products used in oil and gas field explorations and papermaking chemical agents, and materials for human and animal antibiotics. Co.'s segments are bromine, crude salt, chemical products and natural gas. Co. manufactures and distributes bromine through its subsidiary, Shouguang City Haoyuan Chemical Company Limited. Co. produces crude salt, which is produced from the evaporation of wastewater after its bromine production process. Co. produces chemical products through its subsidiary, Shouguang Yuxin Chemical Industry Company Limited. We show 58 historical shares outstanding datapoints in our GURE shares outstanding history coverage, used to compute GURE market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing GURE market cap history over the course of time is important for investors
interested in comparing GURE'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 GURE versus a peer is one thing; comparing
GURE 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 GURE can fluctuate over the course of history.
With this page we aim to empower investors researching GURE by allowing them to research the GURE market cap history. |
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Video: The Importance of Market Cap
