China Growth Stocks

[skier1]

CCCL- yup its hard not to be excited about this company at the current valuation. Also, their ultra thin tiles grew by 170% and their gross margin at 47% is 50% higher than their other products. Its a small niche product now but I think because of its environmentally friendly nature will continue to experience strong growth.

From the 20-F
Ultra-thin tiles: Ultra-thin tiles can be as thin as 4.0 mm, about half the thickness of traditional tiles. Due to their thinness, these tiles are more environmentally-friendly as the production process requires fewer raw materials and less energy. When used in combination with a specialized insulating material, the combination enables greater heat retention in the winter and keeps buildings cool in the summer with less load bearing stress on exterior building walls. Our ultra-thin tiles were commercialized in 2008.