Recent quarter saw 23m in revenue with a positive cash flow of 3.49m. Honestly looks like the biggest bargain, however like XPD, it is a company selling products in China.
Details:
WONHE Multimedia Commerce Ltd (WMC) independently researches, develops and designs electronic products and related software applications. WONHE Technology engages a third-party manufacturer to produce its products and a third party sales agent to distribute its hardware products through a distribution network. The main products of WMC are Home Media Centre, Domestic Routers and Commercial Router.
Home Media Centre: The Home Media Center provides a software platform with the functional characteristics of wireless router and set-top box, including of connecting TV and video on demand, game console and data storage device.
Domestic Routers: The domestic router is a smart router with an independent operating system, which enables users to store information and control the number of internet users, the web pages users can browse and users' online time.
Commercial Router: The commercial router provides a wireless network for WLAN and connects with mobile devices. WONHE Technology has developed a mobile application which can be downloaded by mobile users ("Application"). Users must download the Application, register and provide specific demographic information before connecting to the free WLAN provided by the commercial router.
Other hardware development: Wonhe Technologyis currently developing a kind of computer set-top box(PC-STB) whichcombines digital set-top boxes and multimedia computer system structure. Wonhe Technology is currently developing other 7 hardware products, including domestic miniature terminal server, microcomputer, integrated PC, tablet computer and Android smart phone.
