Your forgetting one thing.. China Agriculture projects get close to a 33% subsidy. They also do not need any capital reinvestment, all their large projects are joint ventures. They are a agriculture technology company ie: they license their technology and that is where the revenue comes from. The entity licensing the technology burdens most of the capital required.
Hope that helps a little.
Visit our #board-9884 and come make $$money$$ with us by trading and investing in Emerging Chinese Small Caps!
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.