The fact that you need to refer to 2009 reporting s/b enough of a clue to you why these shares have tanked.
The U.S. listed Chinese stocks have been under attack. Hopefully, CCME might by the shorts' Waterloo, but it ain't over till the fat lady sings.
As for JADA, I've been lucky twice and unlucky once.
I'm currently holding my fourth play on this and, to date, lady luck has dissed me bad. At this point I'm playing for all or nothing as my remaining downside don't amount to much.
Honestly, I wish all longs, including me, myself and I well. But this outfit obviously could not care less about its' US investors. IMHO, at at the very minimum, that's why the shares are where they are. At the worst, it's a total fraud. Hopefully not.