05-10-2014, 02:22 PM
(05-10-2014, 12:40 AM)roxhockey Wrote: The level of receivables (8 months of sales) is suspiciously high.Yes I find the receivable too high too.
Quote:The interest rate on the cash also seems incredibly low, which raises some questions.How can I determine from the annual report? Do I just base on the cash deposited with the bank at the end of FY (427 Mil) and the interest earned (1.48 Mil)? How do I find out the tenure of the deposit they have? What is considered an acceptable rate in China?