Xinjiang Goldwind Science & Tech Co Ltd (XJNGF)

[Skinny Mulligan]

I expected this one to take off given the China push for green energy.

Plus, they've consistently been profitable and sales have increased steadily the last 3 years. And share $ is just over book value.

Debt is a little higher than I'd like, but not out of hand. interest eats up 25% of profits. Assuming no revenue growth it will take 15 years to pay off.

Debt has grown $1B annually while equity has increased $800M annually as well. Not sure if that's a relevant metric or not.

Anyway, just thought I'd share my thoughts since surprisingly very few financial analysts evaluate this company. Odd, since they're pretty big and recently relevant in China.