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Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Nan Ren Lake Leisure Amusement Co's average basic shares outstanding for the quarter that ended in Mar. 2026 was 285 Mil.
Nan Ren Lake Leisure Amusement Co (ROCO:5905) 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.
Nan Ren Lake Leisure Amusement Co Shares Outstanding (Basic Average) Related Terms
Nan Ren Lake Leisure Amusement Co 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.
Nan Ren Lake Leisure Amusement Co Shares Outstanding (Basic Average) Chart
Nan Ren Lake Leisure Amusement Co 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 285 Mil mean?
Nan Ren Lake Leisure Amusement Co (ROCO:5905) has a Shares Outstanding (Basic Average) of 285 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Nan Ren Lake Leisure Amusement Co and its competitors.
Is Nan Ren Lake Leisure Amusement Co's Shares Outstanding (Basic Average) too high?
Nan Ren Lake Leisure Amusement Co's current Shares Outstanding (Basic Average) is 285 Mil. Overall, Nan Ren Lake Leisure Amusement Co has a GF Score™ of 38/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nan Ren Lake Leisure Amusement Co's Shares Outstanding (Basic Average) compare to LVS and MGM?
Nan Ren Lake Leisure Amusement Co's Shares Outstanding (Basic Average) of 285 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Shares Outstanding (Basic Average) depends on the Travel & Leisure 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 Nan Ren Lake Leisure Amusement Co and its competitors. Nan Ren Lake Leisure Amusement Co's current Shares Outstanding (Basic Average) is 285 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nan Ren Lake Leisure Amusement Co stock overvalued right now?
Based on GuruFocus' analysis, Nan Ren Lake Leisure Amusement Co (ROCO:5905) is currently considered Possible Value Trap. The stock's GF Value™ is NT$15.37, compared to a current price of NT$8.01 — trading 47.9% below its estimated fair value. The current Shares Outstanding (Basic Average) is 285 Mil. Nan Ren Lake Leisure Amusement Co's overall GF Score™ is 38/100 with 6 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 Nan Ren Lake Leisure Amusement Co (ROCO:5905), the current Shares Outstanding (Basic Average) is 285 Mil as of Mar. 2026. 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 Nan Ren Lake Leisure Amusement Co (ROCO:5905) Overvalued in 2026?
Based on GuruFocus' analysis, Nan Ren Lake Leisure Amusement Co stock appears to be undervalued.
The current stock price of NT$8.01 is trading 47.9% below its estimated GF Value™ of NT$15.37.
GuruFocus considers Nan Ren Lake Leisure Amusement Co to be Possible Value Trap.
Key valuation signals for ROCO:5905:
Shares Outstanding (Basic Average): 285 Mil
GF Value™: NT$15.37 vs. price of NT$8.01 (47.9% below fair value)
No single metric tells the full story. See the ROCO:5905 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nan Ren Lake Leisure Amusement Co Ltd is engaged in the import and export of machinery and equipment of playground, the operation of affiliated hotel and restaurant, the sale of tobacco and alcohol, the sale of daily-used commodities, the development, lease and sale of housing and buildings and the import and export of building materials. Its segments include Leisure and amusement, Hospitality services, Sales of goods from self- operated stores, Sales of goods from tenant-counters, and Others. It derives majority of the revenue from Leisure and amusement segments. Geographically it operates in Taiwan and Mainland China with majority of revenue deriving from Taiwan.
38GF Score
Get the complete analysis for ROCO:5905
Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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