Shineco is a holding company. Through its subsidiaries' and variable interest entities' production, distribution and sales channels, Co. provides health and well-being focused plant-based products. Co.'s products are only sold domestically in China. Co.'s segments include: processing and distributing Chinese herbal medicine products as well as other pharmaceutical products; processing and distributing green and organic agricultural produce as well as growing and cultivating yew trees; and developing and distributing fabrics, textiles and other byproducts derived from a Chinese plant Apocynum Venetum, grown in the Xinjiang region of China, and known in Chinese as Luobuma or bluish dogbane. We show 4 historical shares outstanding datapoints in our coverage of SISI's shares outstanding history.
Understanding the changing numbers of SISI shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like SISI 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 SISI by allowing them to research SISI shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
