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Hainan Meilan International Airport Co (STU:HAO) Shares Outstanding (Basic Average) : 473.2 Mil (As of Jun. 2024)


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What is Hainan Meilan International Airport Co Shares Outstanding (Basic Average)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Hainan Meilan International Airport Co's average basic shares outstanding for the quarter that ended in Jun. 2024 was 473.2 Mil.

Hainan Meilan International Airport Co Shares Outstanding (Basic Average) Historical Data

The historical data trend for Hainan Meilan International Airport Co'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.

Hainan Meilan International Airport Co Shares Outstanding (Basic Average) Chart

Hainan Meilan International Airport Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 473.21 473.21 473.21 473.21 473.21

Hainan Meilan International Airport Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Shares Outstanding (Basic 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 473.21 473.21 473.21 473.21 473.21

Hainan Meilan International Airport 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.

Hainan Meilan International Airport Co  (STU:HAO) 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.

Hainan Meilan International Airport Co Shares Outstanding (Basic Average) Related Terms

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Hainan Meilan International Airport Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Hainan Meilan International Airport Co Ltd (STU:HAO) » Definitions » Shares Outstanding (Basic Average)
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Traded in Other Exchanges
00357:Hong Kong HAO:Germany
Address
Office Building of Meilan Airport, Hainan Province, Haikou, CHN, 571126
Website
http://www.mlairport.com
Hainan Meilan International Airport Co Ltd is engaged in the operation of an airport and an ancillary hotel and the provision of related services in the PRC. The company engages and generates revenues from the operational activities at the Meilan Airport of the Hainan Province in the People's Republic of China (PRC). Under its aeronautical businesses, the firm provides terminal facilities, ground handling services, and passenger services. The non-aeronautical business includes the leasing of commercial and retail spaces at Meilan Airport, franchising of airport related business, advertising, car parking, cargo handling, and sales of consumable goods.