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Weilong Delicious Global Holdings (HKSE:09985) Shares Outstanding (Basic Average) : 2,310 Mil (As of Dec. 2023)


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What is Weilong Delicious Global Holdings Shares Outstanding (Basic Average)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Weilong Delicious Global Holdings's average basic shares outstanding for the quarter that ended in Dec. 2023 was 2,310 Mil.


Weilong Delicious Global Holdings Shares Outstanding (Basic Average) Historical Data

The historical data trend for Weilong Delicious Global 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.

* Premium members only.

Weilong Delicious Global Holdings Shares Outstanding (Basic Average) Chart

Weilong Delicious Global Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Shares Outstanding (Basic Average)
2,351.15 2,351.15 2,351.15 2,163.33 2,309.77

Weilong Delicious Global Holdings Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Shares Outstanding (Basic Average) Get a 7-Day Free Trial 2,351.15 2,351.15 2,351.15 2,309.54 2,310.00

Weilong Delicious Global 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.


Weilong Delicious Global Holdings  (HKSE:09985) 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.


Weilong Delicious Global Holdings Shares Outstanding (Basic Average) Related Terms

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Weilong Delicious Global Holdings (HKSE:09985) Business Description

Traded in Other Exchanges
N/A
Address
Intersection of Dongfanghong Road and Zhongshan Road, Southwest Corner, Shaoling District, Henan, Luohe, CHN
Weilong Delicious Global Holdings Ltd is principally engaged in the production and sale of spicy snack food. The group is organized into business units based on the products and has three reportable operating segments namely, Seasoned flour products, comprising Big Latiao, Mini Latiao, Spicy Hot Stick, Mini Hot Stick and Kiss Burn; Vegetable products, comprising Konjac Shuang and Fengchi Kelp and Bean-based and other products, comprising Soft Tofu Skin, 78 Braised egg and meat products. Majority of the company's revenue is derived from Seasoned flour products and the business activities are conducted in China.
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