Huitao Technology is a holding company. Through its subsidiaries and variable interest entity, Co. engages in the production of construction materials for infrastructure, commercial and residential developments. Co. is focused mainly on engineering, producing, servicing, delivering and pumping a range of ready-mix concrete materials for construction projects. Co.'s concrete sales business is comprised of the formulation, production and delivery of its line of C10-C100 concrete mixtures. Co.'s products include: ready-mixed concrete blends; compound admixture concrete; lightweight aggregate concrete; soil cement, foundation concrete; and c100 concrete, among others. We show 2 historical shares outstanding datapoints in our HHT shares outstanding history coverage, used to compute HHT market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing HHT market cap history over the course of time is important for investors
interested in comparing HHT'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 HHT versus a peer is one thing; comparing
HHT 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 HHT can fluctuate over the course of history.
With this page we aim to empower investors researching HHT by allowing them to research the HHT market cap history. |
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Video: The Importance of Market Cap
