Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Sinomach General Machinery Science & Technology Co's average basic shares outstanding for the quarter that ended in Mar. 2026 was 146.5 Mil.
Sinomach General Machinery Science & Technology Co (SHSE:600444) 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.
Sinomach General Machinery Science & Technology Co Shares Outstanding (Basic Average) Related Terms
Sinomach General Machinery Science & Technology 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.
Sinomach General Machinery Science & Technology Co Shares Outstanding (Basic Average) Chart
Sinomach General Machinery Science & Technology Co Annual Data
Sinomach General Machinery Science & Technology 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 146.5 Mil mean?
Sinomach General Machinery Science & Technology Co (SHSE:600444) has a Shares Outstanding (Basic Average) of 146.5 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Sinomach General Machinery Science & Technology Co and its competitors.
Is Sinomach General Machinery Science & Technology Co's Shares Outstanding (Basic Average) too high?
Sinomach General Machinery Science & Technology Co's current Shares Outstanding (Basic Average) is 146.5 Mil. Overall, Sinomach General Machinery Science & Technology Co has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sinomach General Machinery Science & Technology Co's Shares Outstanding (Basic Average) compare to TT and JCI?
Sinomach General Machinery Science & Technology Co's Shares Outstanding (Basic Average) of 146.5 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 Sinomach General Machinery Science & Technology Co and its competitors. Sinomach General Machinery Science & Technology Co's current Shares Outstanding (Basic Average) is 146.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinomach General Machinery Science & Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Sinomach General Machinery Science & Technology Co (SHSE:600444) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥16.87, compared to a current price of ¥13.31 — trading 21.1% below its estimated fair value. The current Shares Outstanding (Basic Average) is 146.5 Mil. Sinomach General Machinery Science & Technology Co's overall GF Score™ is 70/100 with 5 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 Sinomach General Machinery Science & Technology Co (SHSE:600444), the current Shares Outstanding (Basic Average) is 146.5 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 Sinomach General Machinery Science & Technology Co (SHSE:600444) Overvalued in 2026?
Based on GuruFocus' analysis, Sinomach General Machinery Science & Technology Co stock appears to be undervalued.
The current stock price of ¥13.31 is trading 21.1% below its estimated GF Value™ of ¥16.87.
GuruFocus considers Sinomach General Machinery Science & Technology Co to be Modestly Undervalued.
Key valuation signals for SHSE:600444:
Shares Outstanding (Basic Average): 146.5 Mil
GF Value™: ¥16.87 vs. price of ¥13.31 (21.1% below fair value)
No single metric tells the full story. See the SHSE:600444 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sinomach General Machinery Science & Technology Co Business Description
Sinomach General Machinery Science & Technology Co Ltd is engaged in the business of fluid machinery and pipe. The main products of the fluid machinery business include refrigeration experimental equipment, sewage treatment equipment and various other non-standard fluid machinery equipment. The pipe business is mainly engaged in producing UPVC double-wall corrugated pipe, HDPE double-wall corrugated pipe, HDPE water supply pipe, HDPE gas pipe, HDPE traction pipe, HDPE ground source heat pump pipe, HDPE steel coiled pipe, HDPE steel pipe corrugated pipe, UPVC reinforced pipe, PPR hot and cold water pipe, UPVC building drain pipe, line pipe, inner rib pipe, structural wall pipe, and pipe fittings.
70GF Score
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