YaSheng Group (HERB)

[RealDutch]

Well, we have the results for the first 9 months

Net income $67,145,903.20

The plantations probably sell most goods in Q3 and Q4 so the last quarter should be good as well.

As I said before, the cash is (will be) there.
Other receivables $67,145,821.22

Another interesting aspect is that they can't book the management rights as (intangible) assets under US GAAP apparently, as the appraisal firms did. The good thing about that is that the results won't be affected every year by revaluating the assets.

Gross margin 72% during the first 9 months versus 78% in 2014. Probably will go up a little for the full year.