Jiayin Group is a holding company. Through its subsidiaries, Co. is engaged in providing individual finance services in the People's Republic of China. Co. provides primarily standard loan products online, which are all unsecured consumer loans to its borrowers. Co. adopts user-oriented business practices, including offering user service hotlines and online user service support on its mobile apps and WeChat account. Co. also provides guidelines on its website and within its app to guide borrowers throughout the transaction process. Co. assists investors on its marketplace to allocate their assets into different consumer loan products through its Niwodai investor app. We show 1 historical shares outstanding datapoints in our JFIN shares outstanding history coverage, used to compute JFIN market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing JFIN market cap history over the course of time is important for investors
interested in comparing JFIN'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 JFIN versus a peer is one thing; comparing
JFIN 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 JFIN can fluctuate over the course of history.
With this page we aim to empower investors researching JFIN by allowing them to research the JFIN market cap history. |
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Video: The Importance of Market Cap
