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Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Shenzhen Sunxing Light Alloys Materials Co's shares outstanding for the quarter that ended in Mar. 2026 was 211 Mil.
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.
Shenzhen Sunxing Light Alloys Materials Co Shares Outstanding (EOP) Related Terms
Shenzhen Sunxing Light Alloys Materials Co Shares Outstanding (EOP) Historical Data
* 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.
Shenzhen Sunxing Light Alloys Materials Co Shares Outstanding (EOP) Chart
Shenzhen Sunxing Light Alloys Materials Co Annual Data
SHSE:603978 vs AA: Shares Outstanding (EOP) Comparison
For the Aluminum subindustry, Shenzhen Sunxing Light Alloys Materials 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.
Shenzhen Sunxing Light Alloys Materials Co Shares Outstanding (EOP) vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Shenzhen Sunxing Light Alloys Materials Co's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where Shenzhen Sunxing Light Alloys Materials Co's Shares Outstanding (EOP) falls into.
Shenzhen Sunxing Light Alloys Materials 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.
What does a Shares Outstanding (EOP) of 211 Mil mean?
Shenzhen Sunxing Light Alloys Materials Co (SHSE:603978) has a Shares Outstanding (EOP) of 211 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on Shenzhen Sunxing Light Alloys Materials Co and its competitors.
Is Shenzhen Sunxing Light Alloys Materials Co's Shares Outstanding (EOP) too high?
Shenzhen Sunxing Light Alloys Materials Co's current Shares Outstanding (EOP) is 211 Mil. Overall, Shenzhen Sunxing Light Alloys Materials Co has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Sunxing Light Alloys Materials Co's Shares Outstanding (EOP) compare to AA?
Shenzhen Sunxing Light Alloys Materials Co's Shares Outstanding (EOP) of 211 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for a Metals & Mining company?
A good Shares Outstanding (EOP) depends on the Metals & Mining industry context. However, Shares Outstanding (EOP) 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 Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on Shenzhen Sunxing Light Alloys Materials Co and its competitors. Shenzhen Sunxing Light Alloys Materials Co's current Shares Outstanding (EOP) is 211 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Sunxing Light Alloys Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Sunxing Light Alloys Materials Co (SHSE:603978) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥23.03, compared to a current price of ¥18.53 — trading 19.5% below its estimated fair value. The current Shares Outstanding (EOP) is 211 Mil. Shenzhen Sunxing Light Alloys Materials Co's overall GF Score™ is 73/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For Shenzhen Sunxing Light Alloys Materials Co (SHSE:603978), the current Shares Outstanding (EOP) is 211 Mil as of Mar. 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 Shenzhen Sunxing Light Alloys Materials Co (SHSE:603978) Overvalued in 2026?
Based on GuruFocus' analysis, Shenzhen Sunxing Light Alloys Materials Co stock appears to be undervalued.
The current stock price of ¥18.53 is trading 19.5% below its estimated GF Value™ of ¥23.03.
GuruFocus considers Shenzhen Sunxing Light Alloys Materials Co to be Modestly Undervalued.
Key valuation signals for SHSE:603978:
Shares Outstanding (EOP): 211 Mil
GF Value™: ¥23.03 vs. price of ¥18.53 (19.5% below fair value)
No single metric tells the full story. See the SHSE:603978 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shenzhen Sunxing Light Alloys Materials Co Ltd operates in the industrial metals and minerals sector. The company is mainly engaged in research, development, production and sales of aluminium grain refiners. The products are widely used in various fields such as aerospace, rail transportation, military, marine, construction, machinery manufacturing, and chemical industry.
73GF Score
Get the complete analysis for SHSE:603978
Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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