Sky Solar Holdings is a holding company. Through its subsidiaries, Co. is engaged in the following activities: selling electricity generated from solar parks owned by Co. as independent power producer; pipeline (including obtaining permits required for solar power projects and sourcing of solar modules) and providing engineering, construction and procurement services; providing operating and maintenance services for solar parks; sales of solar modules; and building and transferring of solar parks. Co. has focused on the downstream solar market and has developed projects primarily in Asia, South America, Europe and North America. By design, Co. focuses on the downstream photovoltaic segment. We show 1 historical shares outstanding datapoints in our SKYS shares outstanding history coverage, used to compute SKYS market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SKYS market cap history over the course of time is important for investors
interested in comparing SKYS'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 SKYS versus a peer is one thing; comparing
SKYS 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 SKYS can fluctuate over the course of history.
With this page we aim to empower investors researching SKYS by allowing them to research the SKYS market cap history. |
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Video: The Importance of Market Cap
