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Shanghai Moons' Electric Co (SHSE:603728) 6-Month Share Buyback Ratio : 0.28% (As of Sep. 2024 )


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What is Shanghai Moons' Electric Co 6-Month Share Buyback Ratio?

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

6-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past six months, calculated as the percentage change in shares outstanding from two quarters ago to the current quarter. A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance. Shanghai Moons' Electric Co's current 6-Month Share Buyback Ratio was 0.28%.


Competitive Comparison of Shanghai Moons' Electric Co's 6-Month Share Buyback Ratio

For the Electrical Equipment & Parts subindustry, Shanghai Moons' Electric Co's 6-Month Share Buyback Ratio, along with its competitors' market caps and 6-Month Share Buyback Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Shanghai Moons' Electric Co's 6-Month Share Buyback Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanghai Moons' Electric Co's 6-Month Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Shanghai Moons' Electric Co's 6-Month Share Buyback Ratio falls into.


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Shanghai Moons' Electric Co 6-Month Share Buyback Ratio Calculation

Shanghai Moons' Electric Co's 6-Month Share Buyback Ratio for the quarter that ended in Sep. 2024 is calculated as

6-Month Share Buyback Ratio=(Shares Outstanding (EOP) (Mar. 2024 ) - Shares Outstanding (EOP) (Sep. 2024 )) / Shares Outstanding (EOP) (Mar. 2024 )
=(420.066 - 418.883) / 420.066
=0.28%

* 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.


Shanghai Moons' Electric Co  (SHSE:603728) 6-Month Share Buyback Ratio Explanation

A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance.


Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.


Shanghai Moons' Electric Co 6-Month Share Buyback Ratio Related Terms


Shanghai Moons' Electric Co Business Description

Traded in Other Exchanges
N/A
Address
No. 168 Mingjia Road, Minbei Industrial Zone, Minhang District, Shanghai, CHN, 201107
Shanghai Moons' Electric Co Ltd is a China based manufacturer of motion control, intelligent LED lighting control, and industrial equipment management. Its products include drives, slotless motors, rotary stepper products, LED drivers, and Step-Servo products. The company has a business presence in China and various other countries. In addition, the company also offers support and training services. The products offered by the company have applications in various fields including 3D printer, lightning, textile, security, telecom, and medical and life science.
Executives
Liu Jin Ping Director
Cheng Jian Guo Director
Wen Zhi Zhong senior management

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