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Fujian Guohang Ocean Shipping Group Co (BJSE:833171) Shares Outstanding (Diluted Average) : 818.6 Mil (As of Sep. 2024)


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What is Fujian Guohang Ocean Shipping Group Co Shares Outstanding (Diluted Average)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Fujian Guohang Ocean Shipping Group Co's average diluted shares outstanding for the quarter that ended in Sep. 2024 was 818.6 Mil.


Fujian Guohang Ocean Shipping Group Co Shares Outstanding (Diluted Average) Historical Data

The historical data trend for Fujian Guohang Ocean Shipping Group Co's Shares Outstanding (Diluted 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.

Fujian Guohang Ocean Shipping Group Co Shares Outstanding (Diluted Average) Chart

Fujian Guohang Ocean Shipping Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shares Outstanding (Diluted Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 544.71 438.52 443.26 444.37 551.95

Fujian Guohang Ocean Shipping Group Co Quarterly Data
Jun19 Dec19 Mar20 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Shares Outstanding (Diluted 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 776.29 551.95 555.92 568.66 818.55

Fujian Guohang Ocean Shipping Group Co Shares Outstanding (Diluted 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.


Fujian Guohang Ocean Shipping Group Co  (BJSE:833171) Shares Outstanding (Diluted 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.


Fujian Guohang Ocean Shipping Group Co Shares Outstanding (Diluted Average) Related Terms

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Fujian Guohang Ocean Shipping Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 68-1 Jiangbin East Avenue, Floor 25, Building 1, Lanbo Bay, Mawei District, Fujian Province, Fuzhou City, CHN, 350015
Fujian Guohang Ocean Shipping Group Co Ltd provides integrated maritime shipping services. It offers Dry bulk cargo transportation business on the international ocean, domestic coastal, and middle and lower reaches of the Yangtze River. It offers general cargo ship transportation; ship technical consulting services; ships, marine electromechanical supporting equipment and marine materials, building materials, mechanical equipment, and chemical products.

Fujian Guohang Ocean Shipping Group Co Headlines

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