China TechFaith Wireless Communication Technology Shares float
What is the Shares float of China TechFaith Wireless Communication Technology?
The Shares float of China TechFaith Wireless Communication Technology Limited is 7.199M 68.00%
What is the definition of Shares float?
Shares float is the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in stock.
= annual shares outstanding - closely held shares
Shares float represents the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in stock held by promoters, company officers, controlling-interest investors, or government. This number is sometimes seen as a better way of calculating market capitalization because it provides a more accurate reflection of what public investors consider the company to be worth. In this context, the float may refer to all the shares outstanding that can be publicly traded
The float is calculated by subtracting the locked-in shares from outstanding shares. Stocks with smaller floats tend to be more volatile than those with larger floats. In general, the large holdings of founding shareholders, corporate cross-holdings, and government holdings in partially privatized companies are excluded when calculating the size of a public float.
Shares float of companies in the Technology sector on NASDAQ compared to China TechFaith Wireless Communication Technology
What does China TechFaith Wireless Communication Technology do?
China TechFaith Wireless Communication Technology Limited engages in the original design and development of specialized mobile handsets for consumers and enterprises in the People's Republic of China and internationally. It operates through Mobile Phone Business and Real Estate segments. The company offers handset design services through outsourcing of EMS providers who engage in assembly and manufacturing operations; and offer testing services of the assembled printed circuit boards, systems, and subsystems for Chinese mobile handset brand owners and international mobile handset brand owners. It also provides feature phones, smart phones, ruggedized phones, wireless modules, smart pads, and wireless software and applications, as well as other electronic components, such as industrial wireless devices. In addition, the company sells mobile handset products under the Tecface, 17FOX, and MOBIFOX brands. Further, it owns, develops, operates, and manages commercial real estate properties. The company was founded in 2002 and is headquartered in Beijing, the People's Republic of China.
Companies with shares float similar to China TechFaith Wireless Communication Technology
- Tribe Property Technologies has Shares float of 7.166M 45.06%
- Garware Technical Fibres has Shares float of 7.168M 34.76%
- Journeo plc has Shares float of 7.175M 82.08%
- Skillful Craftsman Education Technology has Shares float of 7.195M 45.85%
- PSI Software AG has Shares float of 7.196M 45.91%
- Neptune Wellness Solutions has Shares float of 7.199M 4.30%
- China TechFaith Wireless Communication Technology has Shares float of 7.199M 68.00%
- Bespoke Capital Acquisition has Shares float of 7.200M Inf%
- Macquarie Telecom has Shares float of 7.210M 33.54%
- Consolidated Finvest & has Shares float of 7.211M 22.31%
- Stratec SE has Shares float of 7.212M 59.46%
- Stratec SE has Shares float of 7.212M 60.32%
- Reditus, Sociedade Gestora de Participacoes Sociais, S.A has Shares float of 7.218M 50.18%