Sharing Economy International manufactures and sells textile dyeing and finishing machines. Through its dyeing and finishing equipment segment, Co. designs, manufactures and distributes a range of proprietary high and low temperature dyeing and finishing machinery to the textile industry. Co.'s products are used in dyeing yarns such as pure cotton, cotton-polyester, terylene, polyester wool, poly-acrylic fiber, nylon, cotton ramie, and wool yarn. Co. also designs and produces airflow dyeing machines, which use air instead of water. Co. has developed a new garment washing machine for denim, which is capable of stone wash, enzyme wash and other water washing techniques. We show 8 historical shares outstanding datapoints in our SEII shares outstanding history coverage, used to compute SEII market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SEII market cap history over the course of time is important for investors
interested in comparing SEII'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 SEII versus a peer is one thing; comparing
SEII 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 SEII can fluctuate over the course of history.
With this page we aim to empower investors researching SEII by allowing them to research the SEII market cap history. |
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Video: The Importance of Market Cap
