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Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Ningbo Hicon Industry Technology Co's average basic shares outstanding for the quarter that ended in Mar. 2026 was 111 Mil.
Ningbo Hicon Industry Technology Co (SZSE:001237) 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.
Ningbo Hicon Industry Technology Co Shares Outstanding (Basic Average) Related Terms
Ningbo Hicon Industry 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.
Ningbo Hicon Industry Technology Co Shares Outstanding (Basic Average) Chart
Ningbo Hicon Industry Technology Co Annual Data
Trend
Dec22
Dec23
Dec24
Dec25
Shares Outstanding (Basic Average)
105.43
111.43
111.39
111.14
Ningbo Hicon Industry Technology Co Quarterly Data
Ningbo Hicon Industry 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 111 Mil mean?
Ningbo Hicon Industry Technology Co (SZSE:001237) has a Shares Outstanding (Basic Average) of 111 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Ningbo Hicon Industry Technology Co and its competitors.
Is Ningbo Hicon Industry Technology Co's Shares Outstanding (Basic Average) too high?
Ningbo Hicon Industry Technology Co's current Shares Outstanding (Basic Average) is 111 Mil. Overall, Ningbo Hicon Industry Technology Co has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Ningbo Hicon Industry Technology Co's Shares Outstanding (Basic Average) compare to SN and SGI?
Ningbo Hicon Industry Technology Co's Shares Outstanding (Basic Average) of 111 Mil can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Shares Outstanding (Basic Average) depends on the Furnishings, Fixtures & Appliances 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 Ningbo Hicon Industry Technology Co and its competitors. Ningbo Hicon Industry Technology Co's current Shares Outstanding (Basic Average) is 111 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Hicon Industry Technology Co stock overvalued right now?
Ningbo Hicon Industry Technology Co (SZSE:001237) has a current Shares Outstanding (Basic Average) of 111 Mil. The current Shares Outstanding (Basic Average) is 111 Mil. Ningbo Hicon Industry Technology Co's overall GF Score™ is 20/100 with 1 warning sign 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 Ningbo Hicon Industry Technology Co (SZSE:001237), the current Shares Outstanding (Basic Average) is 111 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.
Ningbo Hicon Industry Technology Co Ltd is engaged in the research, development, production, and sales of refrigeration equipment. The company's products are widely used in many commercial and household fields, such as restaurants, hotels, supermarkets, cafes, milk tea shops, convenience stores, bars, schools, and offices. It exports to various countries and regions around the world, including China, the United States, Canada, Germany, Sweden, and Australia. The company's offerings include ice makers, Commercial ice makers, wine cabinets, refrigerators, freezers, car refrigerators, Ice cream machines, display cases, and Snow melting machines.
20GF Score
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