UNDERVALUED CHINESE STOCKS

[BiotechValues]

SNEN- Compressed natural Gas company. A better value than CHNG here?

SNEN is a Chinese Compressed Natural Gas (CNG) company that is opening 30 CNG stations in China by the end of 2007 with funding already obtained. SNEN also owns 60% of Lixun Automotive, China's largest manufacturer of CNG devices as of June 30, 2007 in a cash transaction.

Here is how SNEN compares to CHNG as of Friday's close:

Information obtained from the most recent SEC filings and NASDAQ.com


Fully Diluted Shares
SNEN: 35M
CHNG: 24M


Projected Net Income 2007
SNEN 9.5M, or .27/share income
CHNG: 9.3M, or .39/share income

Current Share Price
SNEN: $2.45
CHNG: $6.12

PE Ratios
SNEN $2.45/.27 = PE 9
CHNG $6.25/.39 = PE 16

Stations Predicted to be income generating by the end of 2007
SNEN 30
CHNG 23


SNEN investor presentation:
http://tinyurl.com/3222jc

Newly acquired Lixun Automotive:
http://www.lixun-ae.com/english.asp