|
Video: What is a Stock Split?
|
|
Yunji is a holding company. Through its subsidiaries, Co. operate a social e-commerce platform in the People's Republic of China using a membership-based model that utilizes social interaction. Co. provides products at various prices and incentivizes its members to promote its platform and share its products with their social contacts. Co. conducts its social e-commerce business through its Yunji app. Co.'s Yunji app is used by its members and non-member users to discover, explore and purchase a range of products at various prices and to access other membership features and benefits. Co. provides services to members and non-member users under the same app so as to open up its platform. According to our Yunji stock split history records, Yunji has had 1 split. | |
|
Yunji (YJ) has 1 split in our Yunji stock split history database. The split for YJ took place on June 20, 2023. This was a 1 for 10 reverse split, meaning for each 10 shares of YJ owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 100 share position following the split.
When a company such as Yunji conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.
Looking at the Yunji stock split history from start to finish, an original position size of 1000 shares would have turned into 100 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Yunji shares, starting with a $10,000 purchase of YJ, presented on a split-history-adjusted basis factoring in the complete Yunji stock split history.
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
05/06/2019 |
|
End date: |
03/27/2024 |
|
Start price/share: |
$133.70 |
|
End price/share: |
$0.77 |
|
Dividends collected/share: |
$0.00 |
|
Total return: |
-99.43% |
|
Average Annual Total Return: |
-65.17% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$57.21 |
|
Years: |
4.90 |
|
|
|
Date |
Ratio |
06/20/2023 | 1 for 10 |
|
|