CBAK Energy Technology develops, manufactures and sells high power lithium batteries, as well as cathode materials and precursors for lithium batteries, which are used in light electric vehicles, electric vehicles, electric tools, energy storage including but not limited to uninterruptible power supply application, and other high-power applications. Co. conducts its business through its subsidiaries including Dalian CBAK Trading Co., Ltd., which focuses on the wholesale of lithium batteries and lithium batteries' materials, import and export business and related technology consulting service. We show 21 historical shares outstanding datapoints in our coverage of CBAT's shares outstanding history.
Understanding the changing numbers of CBAT shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like CBAT versus peers —
is critical for investors. 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.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching CBAT by allowing them to research CBAT shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
