Quick analysis of all the China small-caps that ran this week .......
HEAT - no P/E since their earnings are negative, although it appears they're turning things around VALV - no P/E since their earnings are negative and the business is still declining CREG - P/E of 5.25 here at $2.05 RCON - no P/E since their earnings are negative and still no sign of a recovery other than a newly announced contract which isn't as impressive as it got credit for CLNT - P/E of 2.48 here at $5.71 although it's very deceptive as earnings are on the decline NFEC - P/E of 6.18 here at $2.35, the company desperate for cash
GPRC - P/E of 1.8 here at $1.17, business on the upswing and no questions about legitimacy, especially after having cleared the hurdle set by Global Hunter with regards to qualifying for analyst coverage. Most companies opted out.
CGYV turned in a much better 10-K, but it appears people will want to see another quarter of success before initiating a position. It's not like the stock's cheap here at .55 and a P/E of nearly 10. I like their auditor.