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Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Lajin Entertainment Network Group's average basic shares outstanding for the quarter that ended in Dec. 2025 was 420.91 Mil.
Lajin Entertainment Network Group (HKSE:08172) 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.
Lajin Entertainment Network Group Shares Outstanding (Basic Average) Related Terms
Lajin Entertainment Network Group Shares Outstanding (Basic Average) Historical Data
* 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.
Lajin Entertainment Network Group Shares Outstanding (Basic Average) Chart
Lajin Entertainment Network 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 420.91 Mil mean?
Lajin Entertainment Network Group (HKSE:08172) has a Shares Outstanding (Basic Average) of 420.91 Mil as of Dec. 2025. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Lajin Entertainment Network Group and its competitors.
Is Lajin Entertainment Network Group's Shares Outstanding (Basic Average) too high?
Lajin Entertainment Network Group's current Shares Outstanding (Basic Average) is 420.91 Mil. Overall, Lajin Entertainment Network Group has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Lajin Entertainment Network Group's Shares Outstanding (Basic Average) compare to NFLX and DIS?
Lajin Entertainment Network Group's Shares Outstanding (Basic Average) of 420.91 Mil can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Shares Outstanding (Basic Average) depends on the Media - Diversified 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 Lajin Entertainment Network Group and its competitors. Lajin Entertainment Network Group's current Shares Outstanding (Basic Average) is 420.91 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lajin Entertainment Network Group stock overvalued right now?
Lajin Entertainment Network Group (HKSE:08172) has a current Shares Outstanding (Basic Average) of 420.91 Mil. The stock's GF Value™ is HK$0.10, compared to a current price of HK$0.19 — trading 90% above its estimated fair value. The current Shares Outstanding (Basic Average) is 420.91 Mil. Lajin Entertainment Network Group's overall GF Score™ is 30/100 with 4 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 Lajin Entertainment Network Group (HKSE:08172), the current Shares Outstanding (Basic Average) is 420.91 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 Lajin Entertainment Network Group (HKSE:08172) Overvalued in 2026?
Based on GuruFocus' analysis, Lajin Entertainment Network Group stock appears to be overvalued.
The current stock price of HK$0.19 is trading 90% above its estimated GF Value™ of HK$0.10.
Key valuation signals for HKSE:08172:
Shares Outstanding (Basic Average): 420.91 Mil
GF Value™: HK$0.10 vs. price of HK$0.19 (90% above fair value)
No single metric tells the full story. See the HKSE:08172 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lajin Entertainment Network Group Ltd is an investment holding company. The company's operating segment includes Artiste management; Movies, TV programmes, and internet content, and the New media business. The majority of the company's revenue is generated from the movies, TV programmes, and internet content segment, which comprises investment, production, and distribution of movies, TV programmes, and investment in internet content. The artiste management segment comprises the provision of artiste management services; the new media business segment comprises the development of software systems, the promotion and demonstration through the new media channels (i.e., PASS CARD, AMBER APP, etc.). Geographically, it derives a majority of its revenue from Mainland China.
30GF Score
Get the complete analysis for HKSE:08172
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