Tian Cheng Holdings (HKSE:02110) Shares Outstanding (Basic Average): 303.3 Mil (As of Nov. 2025)

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What is Tian Cheng Holdings Shares Outstanding (Basic Average)?

Tian Cheng Holdings HKSE:02110 +1.35% Shares Outstanding (Basic Average) is 303.3 Mil as of Nov. 2025. The stock has 3 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Tian Cheng Holdings's average basic shares outstanding for the quarter that ended in Nov. 2025 was 303.3 Mil.

Tian Cheng Holdings  (HKSE:02110) 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.

Tian Cheng Holdings Shares Outstanding (Basic Average) Related Terms

Tian Cheng Holdings Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Tian Cheng 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.

Tian Cheng Holdings Shares Outstanding (Basic Average) Chart

Tian Cheng Holdings Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only 193.61 222.40 222.40 253.39 290.65

Tian Cheng Holdings Semi-Annual Data
May17 May18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 239.75 267.03 281.36 299.95 303.28

Tian Cheng Holdings 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 303.3 Mil mean?
Tian Cheng Holdings (HKSE:02110) has a Shares Outstanding (Basic Average) of 303.3 Mil as of Nov. 2025. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Tian Cheng Holdings and its competitors.
Is Tian Cheng Holdings' Shares Outstanding (Basic Average) too high?
Tian Cheng Holdings' current Shares Outstanding (Basic Average) is 303.3 Mil.
How does Tian Cheng Holdings' Shares Outstanding (Basic Average) compare to PWR and FIX?
Tian Cheng Holdings' Shares Outstanding (Basic Average) of 303.3 Mil can be compared against companies in the Construction 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 Construction company?
A good Shares Outstanding (Basic Average) depends on the Construction 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 Tian Cheng Holdings and its competitors. Tian Cheng Holdings's current Shares Outstanding (Basic Average) is 303.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tian Cheng Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tian Cheng Holdings (HKSE:02110) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.10, compared to a current price of HK$0.08 — trading 25% below its estimated fair value. The current Shares Outstanding (Basic Average) is 303.3 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 Tian Cheng Holdings (HKSE:02110), the current Shares Outstanding (Basic Average) is 303.3 Mil as of Nov. 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.

Tian Cheng Holdings Business Description

Address 68 Mody Road, Rooms 506-507A, Empire Centre, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Tian Cheng Holdings Ltd is a subcontractor specializing in marine construction and civil engineering projects, and engages in marine works including reclamation, sand adjustment, submarine pipeline, sedimentation, and sediment treatment. The company also provides vessel chartering and other civil engineering services such as foundation works, site formation, road, and drainage works. It operates through four segments: Marine Construction Works, Other Civil Engineering Works, Health and Wellness Services, and Vessel Chartering Services. The company generates the majority of its revenue from marine construction and operates mainly in Hong Kong and the PRC, with the majority of revenue coming from Hong Kong.