JRJC - China Finance Online - Stocks to Watch in China 9/03/08

JRJC - China Finance Online released earnings last week and they were pretty incredible. Here is a table of their growth q over q and y over y.

Second Quarter 2008 2007 Variance in %

Net revenues $14,679 $5,723 156%
GAAP net income 4,561 1,562 192%
Non-GAAP net income 6,528 2,159 202%
GAAP net income per ADS Basic $0.23 $0.08 188%
Diluted $0.20 $0.08 150%
Non-GAAP net income per ADS Basic $0.33 $0.11 200%
Diluted $0.28 $0.11 155%

Operating Data: Registered users 10,500,000 7,300,000 44%
Active paid individual subscribers 100,600 37,400 169%

The above is pretty amazing growth! JRJC is trading at just 11.5 times 2009 earnings. If JRJC can keep growing at this rate, it could be a huge stock in 2009. Keep an eye on China Finance Online!