How do I find out about fast growing chinese companies, listed on the AMEX, NYSE or Nasdaq (ie. they have to comply with SEC standards vs. OTCBB stocks)? A ffew folks have asked me this in recent days so I'll toss some of my tools out here since anyone can access them.
Here are two resources - Between the two of them you can find tons of info. about the companies, those that worth a darn, etc.
What do I look for in a company?
1) HUGE revenue growth - 50% + annual with 75%-100% desired. I'd like to see $25 million + in sales as well.
2) I want reasonable prices (growth at a reasonable price - GARP investing)
3) I want PROFITS. I HATE buying companies that don't make $$$. It wreaks of not managing a business/bottom line. Companies that have a profit orientation (like the $$$ were their own) have higher ROE (return on equity) and generate larger shareholder returns over the long-term (just my 2 cents/opinion from what I have seen over the years.)
Resources I use
I use that site and check growth rates, info. about the company, etc.
Another great resource for looking at Q-Q trends, Y-Y trends, key stats and income statement/balance sheet info. is http://www.finance.yahoo.com
Here is what I look for
http://finance.yahoo.com/q/is?s=ABAT&annual <--annual income growth
http://finance.yahoo.com/q/is?s=ABAT <--quarterly growth to look for growth or lack thereof
Balance Sheets - I don't like companies with tons of debt. Heck, I would like to see nearly no debt at all! I would also like to see positive cash flow from operations
Great stockchart websites with technical analysis capabilities and good views/snapshots.
Sometime this weekend I'll post a list of Chinese companies listed here that are growing fast and furious, by sector. Maybe I can help you find a great company to invest in. To each their own re: investment style/thesis.