Shineco Inc is a holding company offering health-focused plant-based products through integrated production, distribution, and sales channels. It operates in three segments: Rapid Diagnostic and Other Products (via Biowin, developing and distributing rapid diagnostic products and medical devices for common diseases), and Other Agricultural Products (via Wintus, producing, processing, and distributing agricultural products like silk, silk fabrics, and fresh fruits). We show 14 historical shares outstanding datapoints in our SISI shares outstanding history coverage, used to compute SISI market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SISI market cap history over the course of time is important for investors
interested in comparing SISI'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 SISI versus a peer is one thing; comparing
SISI 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 SISI can fluctuate over the course of history.
With this page we aim to empower investors researching SISI by allowing them to research the SISI market cap history. |
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Video: The Importance of Market Cap
