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Silvery Dragon Prestressed Materials Co Tianjin (SHSE:603969) Shares Outstanding (Basic Average) : 856 Mil (As of Sep. 2024)


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What is Silvery Dragon Prestressed Materials Co Tianjin Shares Outstanding (Basic Average)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Silvery Dragon Prestressed Materials Co Tianjin's average basic shares outstanding for the quarter that ended in Sep. 2024 was 856 Mil.


Silvery Dragon Prestressed Materials Co Tianjin Shares Outstanding (Basic Average) Historical Data

The historical data trend for Silvery Dragon Prestressed Materials Co Tianjin'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.

Silvery Dragon Prestressed Materials Co Tianjin Shares Outstanding (Basic Average) Chart

Silvery Dragon Prestressed Materials Co Tianjin Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 830.53 853.57 814.68 865.52 857.81

Silvery Dragon Prestressed Materials Co Tianjin Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 824.21 900.46 786.92 886.72 856.32

Silvery Dragon Prestressed Materials Co Tianjin 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.


Silvery Dragon Prestressed Materials Co Tianjin  (SHSE:603969) 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.


Silvery Dragon Prestressed Materials Co Tianjin Shares Outstanding (Basic Average) Related Terms

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Silvery Dragon Prestressed Materials Co Tianjin Business Description

Traded in Other Exchanges
N/A
Address
No.62 Shuangyuan Industry Park, Shuangjiang Road, Beichen District, Tianjin, CHN, 300400
Silvery Dragon Prestressed Materials Co Ltd Tianjin is engaged in the manufacturing of prestressed concrete steels. Its products include the whole system of PC wire, PC bar, and PC strand, also developed the special PC steel and the large diameter pre-stressed steel rods, hollow pre-stressed anchor bars, and for customers to develop all kinds of new products. It also researches of Railway sleeper, Railway track plate, bridges, PCCP water division pipe, hollow core board, PC pile and other Prestressed concrete structure.
Executives
Zhong Zhi Chao Director
Xie Zhi Chao senior management
Ai Zhi Gang senior management
Zhang Qi Ming senior management
Yu Jing Qi Director
Xie Zhi Feng Director
Xie Tie Gen Director
Xie Zhao Ting Supervisors
Xie Hui Zong senior management
Xie Zhi Qin senior management
Li Jing Quan senior management
Zhang Xin Director
Sun Wei Na Director
Xie Tie Qiao Director
Lian Jiang Supervisors

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