SORL Auto Parts, through its 90% ownership of the Ruili Group Ruian Auto Parts Co., Ltd., a Sino-Foreign joint venture, develops, manufactures and distributes automotive brake systems and other key safety related auto parts to automotive original equipment manufacturers and the related aftermarket both in the People's Republic of China and abroad. Co.'s products are mainly used in the braking systems of different types of commercial vehicles, passenger vehicles and railway transportation vehicles, including a range of products covering a number of categories and various specifications in automotive brake systems. We show 40 historical shares outstanding datapoints in our coverage of SORL's shares outstanding history.
Understanding the changing numbers of SORL shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like SORL 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 SORL by allowing them to research SORL shares outstanding history
as well as any other stock in our coverage universe. |
Free SORL Email Alerts:
Video: Shares Outstanding Importance
