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Longjian Road & Bridge Co (SHSE:600853) Shares Outstanding (EOP) : 1,015 Mil (As of Mar. 2024)


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What is Longjian Road & Bridge Co Shares Outstanding (EOP)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Longjian Road & Bridge Co's shares outstanding for the quarter that ended in Mar. 2024 was 1,015 Mil.

Longjian Road & Bridge Co's quarterly shares outstanding declined from Dec. 2023 (1,015 Mil) to Mar. 2024 (1,015 Mil). It means Longjian Road & Bridge Co bought back shares from Dec. 2023 to Mar. 2024 .

Longjian Road & Bridge Co's annual shares outstanding stayed the same from Dec. 2022 (1,015 Mil) to Dec. 2023 (1,015 Mil).


Longjian Road & Bridge Co Shares Outstanding (EOP) Historical Data

The historical data trend for Longjian Road & Bridge Co's Shares Outstanding (EOP) can be seen below:

* 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.

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Longjian Road & Bridge Co Shares Outstanding (EOP) Chart

Longjian Road & Bridge Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,011.18 1,004.90 1,014.90 1,014.90 1,014.90

Longjian Road & Bridge Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shares Outstanding (EOP) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,014.90 1,014.90 1,014.90 1,014.90 1,014.78

Competitive Comparison of Longjian Road & Bridge Co's Shares Outstanding (EOP)

For the Engineering & Construction subindustry, Longjian Road & Bridge Co's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Longjian Road & Bridge Co's Shares Outstanding (EOP) Distribution in the Construction Industry

For the Construction industry and Industrials sector, Longjian Road & Bridge Co's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where Longjian Road & Bridge Co's Shares Outstanding (EOP) falls into.



Longjian Road & Bridge Co Shares Outstanding (EOP) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that end of period. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.


Longjian Road & Bridge Co  (SHSE:600853) Shares Outstanding (EOP) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Longjian Road & Bridge Co Shares Outstanding (EOP) Related Terms

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Longjian Road & Bridge Co (SHSE:600853) Business Description

Traded in Other Exchanges
N/A
Address
No. 368, Changjiang Road, Nangang District, Heilongjiang Province, Harbin, CHN, 150009
Longjian Road & Bridge Co Ltd is engaged in road and bridge construction. It is also involved in other businesses such as e-commerce platform for green and organic food, green energy resources, investment and trade, financial services, and others. The company's main business comprises of Road Engineering, Bridge Engineering, Municipal Engineering, Tunnel Engineering, Metro Engineering, Engineering Design, and Overseas Business. It provides its construction services to Bangladesh, Sudan, Kenya, Sri Lanka, India, Ethiopia, Surinam, Ghana, Uganda, Mongolia, and other countries.

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