Ninebot (SHSE:689009) Shares Outstanding (EOP): 723 Mil (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
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SHSE:689009 Ninebot Ltd SHSE:689009
79 GF Score
Price ¥42.61
GF Value ¥87.54
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Ninebot Shares Outstanding (EOP)?

Ninebot SHSE:689009 -0.12% 79 Shares Outstanding (EOP) is 723 Mil as of Mar. 2026. GuruFocus rates SHSE:689009 with a GF Score™ of 79/100 and a GF Value™ of ¥87.54 (Significantly Undervalued). The stock has 2 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Ninebot's shares outstanding for the quarter that ended in Mar. 2026 was 723 Mil.

Ninebot's quarterly shares outstanding increased from Dec. 2025 (720 Mil) to Mar. 2026 (723 Mil). It means Ninebot issued new shares from Dec. 2025 to Mar. 2026 .

Ninebot's annual shares outstanding increased from Dec. 2024 (717 Mil) to Dec. 2025 (720 Mil). It means Ninebot issued new shares from Dec. 2024 to Dec. 2025 .


Ninebot  (SHSE:689009) 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.


Ninebot Shares Outstanding (EOP) Related Terms


Ninebot Shares Outstanding (EOP) Historical Data

* Premium members only.

The historical data trend for Ninebot'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.

Ninebot Shares Outstanding (EOP) Chart

Ninebot Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 707.89 712.98 720.99 717.12 720.34

Ninebot Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 717.30 717.30 716.48 720.34 722.66

SHSE:689009 vs AS, HAS, LTH: Shares Outstanding (EOP) Comparison

For the Leisure subindustry, Ninebot'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.


Ninebot Shares Outstanding (EOP) vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Ninebot's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where Ninebot's Shares Outstanding (EOP) falls into.


SHSE:689009
79GF Score
Ninebot Ltd SHSE:689009
Shares Outstanding (EOP) is just one metric. See GF Score™, valuation, warning signs, and more.
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Ninebot 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.

What does a Shares Outstanding (EOP) of 723 Mil mean?
Ninebot (SHSE:689009) has a Shares Outstanding (EOP) of 723 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on Ninebot and its competitors.
Is Ninebot's Shares Outstanding (EOP) too high?
Ninebot's current Shares Outstanding (EOP) is 723 Mil. Overall, Ninebot has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ninebot's Shares Outstanding (EOP) compare to AS and HAS?
Ninebot's Shares Outstanding (EOP) of 723 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Shares Outstanding (EOP) depends on the Travel & Leisure 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 Ninebot and its competitors. Ninebot's current Shares Outstanding (EOP) is 723 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ninebot stock overvalued right now?
Based on GuruFocus' analysis, Ninebot (SHSE:689009) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥87.54, compared to a current price of ¥42.61 — trading 51.3% below its estimated fair value. The current Shares Outstanding (EOP) is 723 Mil. Ninebot's overall GF Score™ is 79/100 with 2 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 Ninebot (SHSE:689009), the current Shares Outstanding (EOP) is 723 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 Ninebot (SHSE:689009) Overvalued in 2026?

Based on GuruFocus' analysis, Ninebot stock appears to be undervalued. The current stock price of ¥42.61 is trading 51.3% below its estimated GF Value™ of ¥87.54. GuruFocus considers Ninebot to be Significantly Undervalued.

Key valuation signals for SHSE:689009:

  • Shares Outstanding (EOP): 723 Mil
  • GF Value™: ¥87.54 vs. price of ¥42.61 (51.3% below fair value)
  • GF Score™: 79/100 with 2 warning signs

No single metric tells the full story. See the SHSE:689009 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ninebot Business Description

Address 66 Xixiaokou Road, Zhongguancun Dongsheng Science and Technology Park, Building A, Haidian District, Beijing, CHN, 100192
Ninebot Ltd is engaged in the research and development, design, manufacturing, distribution and sales of short-distance transportation products. The products offered by the company include electric balance bikes and electric scooters for short distance commuting.
79GF Score

Get the complete analysis for SHSE:689009

Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥42.61
Price
¥87.54
GF Value