GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Jin Medical International Ltd (NAS:ZJYL) » Definitions » Shares Outstanding (Basic Average)

Jin Medical International (Jin Medical International) Shares Outstanding (Basic Average) : 155.05 Mil (As of Sep. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Jin Medical International Shares Outstanding (Basic Average)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Jin Medical International's average basic shares outstanding for the quarter that ended in Sep. 2023 was 155.05 Mil.


Jin Medical International Shares Outstanding (Basic Average) Historical Data

The historical data trend for Jin Medical International'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.

Jin Medical International Shares Outstanding (Basic Average) Chart

Jin Medical International Annual Data
Trend Sep20 Sep21 Sep22 Sep23
Shares Outstanding (Basic Average)
160.00 155.00 150.00 145.14

Jin Medical International Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Shares Outstanding (Basic Average) Get a 7-Day Free Trial 150.00 150.00 150.00 135.22 155.05

Jin Medical International 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.


Jin Medical International  (NAS:ZJYL) 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.


Jin Medical International Shares Outstanding (Basic Average) Related Terms

Thank you for viewing the detailed overview of Jin Medical International's Shares Outstanding (Basic Average) provided by GuruFocus.com. Please click on the following links to see related term pages.


Jin Medical International (Jin Medical International) Business Description

Traded in Other Exchanges
N/A
Address
No. 33 Lingxiang Road,, Wujin District, Jiangsu Province, Changzhou City, CHN, KY1-1205
Website
Jin Medical International Ltd offers rehabilitation equipment. It is primarily engaged in the design, development, manufacturing, and sales of wheelchair and other living aids products to be used by people with disabilities or impaired mobility. The Company's products are sold to distributors in both China and in overseas markets. Its product offerings comprise Wheelechaire serirs, Bath products, oxygen machines, nursing products, and conlo products.

Jin Medical International (Jin Medical International) Headlines

From GuruFocus