cobalt
China Sun Group High-Tech Co (CSGH.OB: OTC) People's Republic (PRC China) nitrogen, the second largest private producer of electricity flow to cobaltosic (electrodes necessary for the production of anodes) for high-capacity rechargeable lithium ion battery is working with batteries. This lightweight, high-capacity lithium battery energy has been everywhere, and flexibility. Only the large or compact handheld devices such as mobile phones are used.
The China Battery Industry Association research suggests that the growing demand for portable and green technology in China alone will fuel a 30% annual increase in demand for lithium ion batteries. The PRC’s five year development program lists lithium ion battery development as its third objective. Battery manufacturers in China will easily exceed their present 1,000 tons/month demand for cobalt oxides. China Sun’s 12 production lines presently have capacity for 600 tons/month, a recipe for future growth.
The China Battery Industry Association research suggests that the growing demand for portable and green technology in China alone will fuel a 30% annual increase in demand for lithium ion batteries. The PRC’s five year development program lists lithium ion battery development as its third objective. Battery manufacturers in China will easily exceed their present 1,000 tons/month demand for cobalt oxides. China Sun’s 12 production lines presently have capacity for 600 tons/month, a recipe for future growth.
China son is very healthy managed. The increase is Funded R. & D of 16% and kapexil 200% of Operating profit, there is no debt on the balance sheet is more than $ 9,000,000 in cash and sport 25% deer. Sales by 9.5 of a credit, 60% of book value, and only 2 - times revenue, China son is a business. Since his left in 2006, wages of China son is a big increase in 1500%, 23% last year. With only a Limited Circulation of 27,700,000 and a Conservative diskounted cash flow value of $ 3.53.
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