CHJI (China Changjiang Mining & New Energy Co) Shares Outstanding (Basic Average): 64.63 Mil (As of Dec. 2023)


What is China Changjiang Mining & New Energy Co Shares Outstanding (Basic Average)?

China Changjiang Mining & New Energy Co CHJI Shares Outstanding (Basic Average) is 64.63 Mil as of Dec. 2023.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. China Changjiang Mining & New Energy Co's average basic shares outstanding for the quarter that ended in Dec. 2023 was 64.63 Mil.

China Changjiang Mining & New Energy Co  (OTCPK:CHJI) Shares Outstanding (Basic Average) 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.

Be Aware

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.

China Changjiang Mining & New Energy Co Shares Outstanding (Basic Average) Related Terms

China Changjiang Mining & New Energy Co Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for China Changjiang Mining & New Energy Co's Shares Outstanding (Basic Average) 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.

China Changjiang Mining & New Energy Co Shares Outstanding (Basic Average) Chart

China Changjiang Mining & New Energy Co Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec20 Dec21 Dec22 Dec23
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64.63 64.63 64.63 64.63 64.63

China Changjiang Mining & New Energy Co Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Shares Outstanding (Basic Average) 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 64.63 64.63 64.63 64.63 64.63

China Changjiang Mining & New Energy Co Shares Outstanding (Basic Average) 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 exact time point. 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 (Basic Average) of 64.63 Mil mean?
China Changjiang Mining & New Energy Co (CHJI) has a Shares Outstanding (Basic Average) of 64.63 Mil as of Dec. 2023. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on China Changjiang Mining & New Energy Co and its competitors.
Is China Changjiang Mining & New Energy Co's Shares Outstanding (Basic Average) too high?
China Changjiang Mining & New Energy Co's current Shares Outstanding (Basic Average) is 64.63 Mil.
How does China Changjiang Mining & New Energy Co's Shares Outstanding (Basic Average) compare to GSLR and SING?
China Changjiang Mining & New Energy Co's Shares Outstanding (Basic Average) of 64.63 Mil can be compared against companies in the Semiconductors 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 (Basic Average) for a Semiconductors company?
A good Shares Outstanding (Basic Average) depends on the Semiconductors industry context. However, Shares Outstanding (Basic Average) 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 (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on China Changjiang Mining & New Energy Co and its competitors. China Changjiang Mining & New Energy Co's current Shares Outstanding (Basic Average) is 64.63 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Changjiang Mining & New Energy Co stock overvalued right now?
China Changjiang Mining & New Energy Co (CHJI) has a current Shares Outstanding (Basic Average) of 64.63 Mil. The current Shares Outstanding (Basic Average) is 64.63 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For China Changjiang Mining & New Energy Co (CHJI), the current Shares Outstanding (Basic Average) is 64.63 Mil as of Dec. 2023. 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.

China Changjiang Mining & New Energy Co Business Description

Address No. 1038 West Nanjing Road, 37th Floor, Jing’An District, Shanghai, CHN, 200041
China Changjiang Mining & New Energy Co Ltd designs, engineers, constructs, markets, and sells photovoltaic (PV) energy facilities for commercial and utility applications to local markets. It is engaged in the development and operation of engineering, procurement, and construction contractors of solar PV energy facilities.