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7 Days Group Holdings (FRA:7DHA) Shares Outstanding (Diluted Average) : 49.3 Mil (As of Mar. 2013)


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What is 7 Days Group Holdings Shares Outstanding (Diluted Average)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. 7 Days Group Holdings's average diluted shares outstanding for the quarter that ended in Mar. 2013 was 49.3 Mil.


7 Days Group Holdings Shares Outstanding (Diluted Average) Historical Data

The historical data trend for 7 Days Group Holdings'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.

7 Days Group Holdings Shares Outstanding (Diluted Average) Chart

7 Days Group Holdings Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Shares Outstanding (Diluted Average)
Get a 7-Day Free Trial - 23.02 50.11 50.49 49.72

7 Days Group Holdings Quarterly Data
Dec08 Sep09 Dec09 Mar10 Jun10 Sep10 Mar11 Jun11 Sep11 Mar12 Jun12 Sep12 Dec12 Mar13
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 50.43 50.43 49.39 49.13 49.31

7 Days Group Holdings 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.


7 Days Group Holdings  (FRA:7DHA) 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.


7 Days Group Holdings Shares Outstanding (Diluted Average) Related Terms

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7 Days Group Holdings (FRA:7DHA) Business Description

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7 Days Group Holdings Limited was incorporated as a limited liability Company in the Cayman Islands on October 25, 2004. The Company and its subsidiaries operate economy hotels in the People's Republic of China ('PRC') under the brand name '7 Days Inn'. The Group leases real estate properties on which it develops and operates hotels, and also licenses the '7 Days Inn' brand to hotel owners and manages these hotels. The former type of hotels is referred to as 'leased-and-operated hotels' and the latter type of hotels is referred to as 'managed hotels'. As of December 31, 2012, the Company has 1,345 operating hotels that are located in 208 cities in the PRC, 853 of which are managed hotels, with 133,497 hotel rooms in 208 cities, and an additional 223 hotels with 20,368 hotel rooms under conversion. Its eCommerce platform, supported by IT system, allows its guests to make reservations through various electronic reservation channels, receive confirmations and make payments in real-time. By leveraging its eCommerce platform, 7 Days Club and IT system, the Company plans to continue to manage its business, enhance customer loyalty and grow number of hotels and hotel rooms. It currently competes with national economy hotel chains, such as Home Inns & Hotels Management, Jinjiang Inn Co., Ltd., and China Lodging Group, Limited, based on scale and national coverage. The hotel industry in China is subject to a number of laws and regulations, including laws and regulations relating specifically to hotel operation and management and commercial franchising, as well as those relating to environmental and consumer protection.

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