In terms of p/e ratio this Company is of course very cheap like other Chinese microcaps. It is however a very slow-growth Company: Revenues in the first quarter of 2013 were RMB296.3 million ($47.7 million), an increase of 5.8% from RMB279.9 million in the same quarter of 2012. To mention another Chinese microcap SIAF trades at a p/e Close to .5 and is growing about 10 times as fast as ZA. Threfore SIAF looks way cheaper than ZA.