Kingold Jewelry is a designer and manufacturer of 24-karat gold jewelry and Chinese ornaments. Co. develops, promotes and sells a range of products to the jewelry market across the People's Republic of China. Co. provides a range of in-house designed products including, but not limited to, gold necklaces, rings, earrings, bracelets, and pendants. Co. sells its products directly to distributors, retailers and other wholesalers, who then sell its products to consumers through retail counters located in both department stores and other stand-alone jewelry stores. Co. provide a range of 24-karat gold products, including pure gold necklaces, rings, earrings, bracelets, pendants and gold bars. We show 45 historical shares outstanding datapoints in our KGJI shares outstanding history coverage, used to compute KGJI market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing KGJI market cap history over the course of time is important for investors
interested in comparing KGJI'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 KGJI versus a peer is one thing; comparing
KGJI 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 KGJI can fluctuate over the course of history.
With this page we aim to empower investors researching KGJI by allowing them to research the KGJI market cap history. |
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Video: The Importance of Market Cap
