Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Xingfa Aluminium Holdings's average basic shares outstanding for the quarter that ended in Dec. 2025 was 421 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.
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.
Xingfa Aluminium Holdings Shares Outstanding (Basic Average) Related Terms
Xingfa Aluminium Holdings Shares Outstanding (Basic Average) Historical Data
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The historical data trend for Xingfa Aluminium Holdings'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.
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 421 Mil mean?
Xingfa Aluminium Holdings (HKSE:00098) has a Shares Outstanding (Basic Average) of 421 Mil as of Dec. 2025. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Xingfa Aluminium Holdings and its competitors.
Is Xingfa Aluminium Holdings' Shares Outstanding (Basic Average) too high?
Xingfa Aluminium Holdings' current Shares Outstanding (Basic Average) is 421 Mil. Overall, Xingfa Aluminium Holdings has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Xingfa Aluminium Holdings' Shares Outstanding (Basic Average) compare to AA and CENX?
Xingfa Aluminium Holdings' Shares Outstanding (Basic Average) of 421 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 (Basic Average) for a Metals & Mining company?
A good Shares Outstanding (Basic Average) depends on the Metals & Mining 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 Xingfa Aluminium Holdings and its competitors. Xingfa Aluminium Holdings's current Shares Outstanding (Basic Average) is 421 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xingfa Aluminium Holdings stock overvalued right now?
Based on GuruFocus' analysis, Xingfa Aluminium Holdings (HKSE:00098) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$8.64, compared to a current price of HK$6.50 — trading 24.8% below its estimated fair value. The current Shares Outstanding (Basic Average) is 421 Mil. Xingfa Aluminium Holdings' overall GF Score™ is 76/100 with 5 warning signs to review. 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 Xingfa Aluminium Holdings (HKSE:00098), the current Shares Outstanding (Basic Average) is 421 Mil as of Dec. 2025. 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 Xingfa Aluminium Holdings (HKSE:00098) Overvalued in 2026?
Based on GuruFocus' analysis, Xingfa Aluminium Holdings stock appears to be undervalued.
The current stock price of HK$6.50 is trading 24.8% below its estimated GF Value™ of HK$8.64.
GuruFocus considers Xingfa Aluminium Holdings to be Modestly Undervalued.
Key valuation signals for HKSE:00098:
Shares Outstanding (Basic Average): 421 Mil
GF Value™: HK$8.64 vs. price of HK$6.50 (24.8% below fair value)
No single metric tells the full story. See the HKSE:00098 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Xingfa Aluminium Holdings Ltd is an investment holding company. The principal activities of the company and its subsidiaries are manufacturing and sale of aluminium products and sale of completed properties. The company's reportable segments are: Non-construction aluminium profiles, Construction aluminium profiles, and All other segments. The majority of revenue is derived from the Construction aluminium profiles segment, which manufactures and sells aluminium profiles with surface finishing, including anodic oxidation aluminium profiles, electrophoresis coating aluminium profiles, powder coating aluminium profiles and PVDF coating aluminium profiles. Geographically, the maximum revenue is generated from mainland China.
76GF Score
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