China Come Ride New Energy Group (HKSE:08039) Shares Outstanding (Basic Average): 493.00 Mil (As of Sep. 2024)


HKSE:08039 China Come Ride New Energy Group Ltd HKSE:08039
8 GF Score
Price HK$0.15
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What is China Come Ride New Energy Group Shares Outstanding (Basic Average)?

China Come Ride New Energy Group HKSE:08039 8 Shares Outstanding (Basic Average) is 493.00 Mil as of Sep. 2024. GuruFocus rates HKSE:08039 with a GF Score™ of 8/100.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. China Come Ride New Energy Group's average basic shares outstanding for the quarter that ended in Sep. 2024 was 493.00 Mil.

China Come Ride New Energy Group  (HKSE:08039) 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 Come Ride New Energy Group Shares Outstanding (Basic Average) Related Terms

China Come Ride New Energy Group Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for China Come Ride New Energy Group'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 Come Ride New Energy Group Shares Outstanding (Basic Average) Chart

China Come Ride New Energy Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 418.00 418.00 463.82 493.00 493.00

China Come Ride New Energy Group Semi-Annual Data
Mar14 Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 493.00 493.00 493.00 493.00 493.00
HKSE:08039
8GF Score
China Come Ride New Energy Group Ltd HKSE:08039
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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China Come Ride New Energy Group 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 493.00 Mil mean?
China Come Ride New Energy Group (HKSE:08039) has a Shares Outstanding (Basic Average) of 493.00 Mil as of Sep. 2024. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on China Come Ride New Energy Group and its competitors.
Is China Come Ride New Energy Group's Shares Outstanding (Basic Average) too high?
China Come Ride New Energy Group's current Shares Outstanding (Basic Average) is 493.00 Mil. Overall, China Come Ride New Energy Group has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does China Come Ride New Energy Group's Shares Outstanding (Basic Average) compare to PWR and EME?
China Come Ride New Energy Group's Shares Outstanding (Basic Average) of 493.00 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 China Come Ride New Energy Group and its competitors. China Come Ride New Energy Group's current Shares Outstanding (Basic Average) is 493.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Come Ride New Energy Group stock overvalued right now?
China Come Ride New Energy Group (HKSE:08039) has a current Shares Outstanding (Basic Average) of 493.00 Mil. The current Shares Outstanding (Basic Average) is 493.00 Mil. China Come Ride New Energy Group's overall GF Score™ is 8/100. 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 Come Ride New Energy Group (HKSE:08039), the current Shares Outstanding (Basic Average) is 493.00 Mil as of Sep. 2024. 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 Come Ride New Energy Group Business Description

Address 7 Shing Yip Street, Unit E, 33rd Floor, Legend Tower, Kwun Tong, Hong Kong, HKG
China Come Ride New Energy Group Ltd is principally engaged in the provision of comprehensive architectural and structural engineering consultancy services. Its service portfolio comprises licensing consultancy, alteration and addition works and minor works consultancy, inspection and certification, and other architecture-related consultancies. The Company's revenue is generated from the contract revenue from the provision of comprehensive architectural and structural engineering consultancy services in Hong Kong, including licensing consultancy, alteration and addition works and minor works consultancy, inspection and certification, and other architectural-related consultancies.
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Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.15
Price