Huami is a holding company. Through its subsidiaries, Co. is engaged in the business of developing, manufacturing, and selling smart, wearable technological devices in the People's Republic of China. Co.'s smart devices mainly include smart bands, smart watches and smart scales. Co. also provides a range of accessories including bands, watch straps, earphones, sportswear, home gym, treadmill and others. Co. mainly provides two mobile apps, Co.'s Mi Fit mobile app and its Amazfit mobile app. Both of Co.'s mobile apps sync with and display real-time data from its devices. They use charts and graphs to display analysis of the activity and biometric data collected from users. We show 1 historical shares outstanding datapoints in our HMI shares outstanding history coverage, used to compute HMI market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing HMI market cap history over the course of time is important for investors
interested in comparing HMI'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 HMI versus a peer is one thing; comparing
HMI 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 HMI can fluctuate over the course of history.
With this page we aim to empower investors researching HMI by allowing them to research the HMI market cap history. |
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Video: The Importance of Market Cap
