Xiaobai Maimai is a holding company. Through its subsidiaries, Co. is engaged in providing social e-commerce platform to provide branded products through collaboration with online and offline merchants. Co. has a form of social e-commerce mobile platform, Xiaobai Maimai App. Co. utilizes its cooperation with domestic e-commerce platforms and services marketplaces as part of its buyer resources to select and source the goods and services. Co. provides a variety of products covering food and beverage, wine, cosmetic products, fashion and apparel, entertainment, housewares, home appliances and promotions at petrol gas stations nationwide. Co. has also launched the Elite Influencers Program. We show 1 historical shares outstanding datapoints in our HX shares outstanding history coverage, used to compute HX market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing HX market cap history over the course of time is important for investors
interested in comparing HX'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 HX versus a peer is one thing; comparing
HX 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 HX can fluctuate over the course of history.
With this page we aim to empower investors researching HX by allowing them to research the HX market cap history. |
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Video: The Importance of Market Cap
