Ann: 2017 Consolidated Annual Financial Report year end 31/12/17, page-2

Compared to other Chinese companies this one could very easily trade on 1 x earnings not the 5 it is. However, its actually a good little company. Consistent revenue, good profit (NPAT $7.5m), sufficient cash $4.2m), reasonable margin ($77m revenue). Its not a bad company. Easily worth $1.10 + if Australian, so probably a fair risk discount at 65c. I'm not going to buy, not going to sell, happy to hold a few more years see if this thing can keep growing. And hope no nasty surprises. It should consider paying a 1c dividend if it can spare the cash