China SXT Pharmaceuticals is a holding company. Through its subsidiaries, Co. focuses on the research, development, manufacture, marketing and sales of traditional Chinese medicine pieces (TCMP). Co. has two types of Advanced TCMP: Directly-Oral TCMP and After-Soaking-Oral TCMP products. Co. produces Fine TCMP products for drug stores and hospitals. Co. manufactures Regular TCMP products for the treatment of various diseases or serving as dietary supplements. Co. has a product-developed portfolio of 19 Advanced TCMP products among which Advanced TCMP products have been commercialized, Fine TCMP products, and Regular TCMP products that address a variety of diseases and medical indications. We show 6 historical shares outstanding datapoints in our SXTC shares outstanding history coverage, used to compute SXTC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SXTC market cap history over the course of time is important for investors
interested in comparing SXTC'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 SXTC versus a peer is one thing; comparing
SXTC 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 SXTC can fluctuate over the course of history.
With this page we aim to empower investors researching SXTC by allowing them to research the SXTC market cap history. |
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Video: The Importance of Market Cap
