Tongling Jingda Special Magnet Wire Co (SHSE:600577) Float Percentage Of Total Shares Outstanding: 0.00% (As of Jul. 06, 2026)


SHSE:600577 Tongling Jingda Special Magnet Wire Co Ltd SHSE:600577
77 GF Score
Price ¥9.37
GF Value ¥7.50
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Tongling Jingda Special Magnet Wire Co Float Percentage Of Total Shares Outstanding?

Tongling Jingda Special Magnet Wire Co SHSE:600577 -3.30% 77 Float Percentage Of Total Shares Outstanding is 0.00% as of Jul. 06, 2026. GuruFocus rates SHSE:600577 with a GF Score™ of 77/100 and a GF Value™ of ¥7.50 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Float percentage of total shares outstanding is the percentage of float shares relative to the total shares outstanding. As of today, Tongling Jingda Special Magnet Wire Co's float shares is 0.00 Mil. Tongling Jingda Special Magnet Wire Co's total shares outstanding is 2,159.72 Mil. Tongling Jingda Special Magnet Wire Co's float percentage of total shares outstanding is 0.00%.

Insider Ownership is the percentage of shares that are owned by company insiders relative to the total shares outstanding. As of today, Tongling Jingda Special Magnet Wire Co's Insider Ownership is 0.00%.

Institutional Ownership is the percentage of shares that are owned by institutions out of the total shares outstanding. As of today, Tongling Jingda Special Magnet Wire Co's Institutional Ownership is 3.02%.

SHSE:600577
77GF Score
Tongling Jingda Special Magnet Wire Co Ltd SHSE:600577
Float Percentage Of Total Shares Outstanding is just one metric. See GF Score™, valuation, warning signs, and more.
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Tongling Jingda Special Magnet Wire Co Float Percentage Of Total Shares Outstanding Calculation

It is the percentage of float shares out of the total shares outstanding.

Tongling Jingda Special Magnet Wire Co's Float Percentage of Total Shares Outstanding for today is calculated as follows:

Float Percentage of Total Shares Outstanding=Float Shares/Total Shares Outstanding
=0.00/2,159.72
=0.00%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Float Percentage Of Total Shares Outstanding of 0.00% mean?
Tongling Jingda Special Magnet Wire Co (SHSE:600577) has a Float Percentage Of Total Shares Outstanding of 0.00% as of Jul. 06, 2026. Float percent of shares outstanding equals the percent of float shares relative to total shares. View historical data on Tongling Jingda Special Magnet Wire Co and its competitors.
Is Tongling Jingda Special Magnet Wire Co's Float Percentage Of Total Shares Outstanding too high?
Tongling Jingda Special Magnet Wire Co's current Float Percentage Of Total Shares Outstanding is 0.00%. Overall, Tongling Jingda Special Magnet Wire Co has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tongling Jingda Special Magnet Wire Co's Float Percentage Of Total Shares Outstanding compare to VRT and BE?
Tongling Jingda Special Magnet Wire Co's Float Percentage Of Total Shares Outstanding of 0.00% can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Float Percentage Of Total Shares Outstanding for an Industrial Products company?
A good Float Percentage Of Total Shares Outstanding depends on the Industrial Products industry context. However, Float Percentage Of Total Shares Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Float Percentage Of Total Shares Outstanding mean?
A high Float Percentage Of Total Shares Outstanding can signal that a stock is expensive relative to its fundamentals. Float percent of shares outstanding equals the percent of float shares relative to total shares. View historical data on Tongling Jingda Special Magnet Wire Co and its competitors. Tongling Jingda Special Magnet Wire Co's current Float Percentage Of Total Shares Outstanding is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tongling Jingda Special Magnet Wire Co stock overvalued right now?
Based on GuruFocus' analysis, Tongling Jingda Special Magnet Wire Co (SHSE:600577) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥7.50, compared to a current price of ¥9.37 — trading 24.9% above its estimated fair value. The current Float Percentage Of Total Shares Outstanding is 0.00%. Tongling Jingda Special Magnet Wire Co's overall GF Score™ is 77/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Float Percentage Of Total Shares Outstanding calculated?
Float Percentage Of Total Shares Outstanding is calculated from a company's financial statements. For Tongling Jingda Special Magnet Wire Co (SHSE:600577), the current Float Percentage Of Total Shares Outstanding is 0.00% as of Jul. 06, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tongling Jingda Special Magnet Wire Co (SHSE:600577) Overvalued in 2026?

Based on GuruFocus' analysis, Tongling Jingda Special Magnet Wire Co stock appears to be overvalued. The current stock price of ¥9.37 is trading 24.9% above its estimated GF Value™ of ¥7.50. GuruFocus considers Tongling Jingda Special Magnet Wire Co to be Modestly Overvalued.

Key valuation signals for SHSE:600577:

  • Float Percentage Of Total Shares Outstanding: 0.00%
  • GF Value™: ¥7.50 vs. price of ¥9.37 (24.9% above fair value)
  • GF Score™: 77/100 with 5 warning signs

No single metric tells the full story. See the SHSE:600577 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Tongling Jingda Special Magnet Wire Co Business Description

Address Wu Tong Road, Economic and Technological Development Zone, tongling, Anhui, CHN, 244000
Tongling Jingda Special Magnet Wire Co Ltd manufactures magnet wire. Its products include Magnet wire; Automobile wire; Special conductor; Rod material and Die.
77GF Score

Get the complete analysis for SHSE:600577

Float Percentage Of Total Shares Outstanding is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥9.37
Price
¥7.50
GF Value