Sobute New Materials Stock Shares Outstanding

603916 Stock   8.45  0.03  0.35%   
Sobute New Materials fundamentals help investors to digest information that contributes to Sobute New's financial success or failures. It also enables traders to predict the movement of Sobute Stock. The fundamental analysis module provides a way to measure Sobute New's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Sobute New stock.
The current year's Common Stock Shares Outstanding is expected to grow to about 438.4 M.
  
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Sobute New Materials Company Shares Outstanding Analysis

Sobute New's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Shares Outstanding

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Public Shares

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Repurchased

More About Shares Outstanding | All Equity Analysis

Current Sobute New Shares Outstanding

    
  432.89 M  
Most of Sobute New's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Sobute New Materials is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Competition

Sobute Common Stock Shares Outstanding

Common Stock Shares Outstanding

438.42 Million

At present, Sobute New's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Sobute New Materials has 432.89 M of shares currently outstending. This is 29.53% lower than that of the Chemicals sector and 21.29% lower than that of the Materials industry. The shares outstanding for all China stocks is 24.3% higher than that of the company.

Sobute Shares Outstanding Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sobute New's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Sobute New could also be used in its relative valuation, which is a method of valuing Sobute New by comparing valuation metrics of similar companies.
Sobute New is currently under evaluation in shares outstanding category among its peers.

Sobute Fundamentals

About Sobute New Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Sobute New Materials's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sobute New using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sobute New Materials based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Currently Active Assets on Macroaxis

Other Information on Investing in Sobute Stock

Sobute New financial ratios help investors to determine whether Sobute Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Sobute with respect to the benefits of owning Sobute New security.