China Yongxin Pharmaceuticals, Inc. (CYXN): Profitable Company with 93 Drugstores for 6 Cents a Share?
China Yongxin Pharmaceuticals, Inc. is probably the most undervalued company we’ve ever written about. It isn’t everyday that you find a growing, profitable company with nearly 100 stores trading for such a discounted stock price. The company is more than just a drug retailer as they also produce and distribute pharmaceutical products. The company's products include Chinese traditional medicines, chemical pharmaceutical preparations, natural health products, healthy food, cosmetics, and medical equipment. Just last month the company released its financial results for Q3 2008 which revealed that net income doubled year-over-year to $1.7 million, or $0.05 per diluted share. However, even…