QST: the past 9 months revenues $2,559,561
Net Earnings: $495,414
Earning per share: $0.02.
Based on the SINOPEC contract ($8 million) plus some other contracts, this coming year's revenues may exceed $10 million.
With gross earning margins: 20%, its Earnings may come to around $2 million, EPS: around $0.08.
At the current price levels, its market capitalizations are just around $12 million.
Revenues $10 m while Market Cap. $12 m, it's Unbelievable too Low!
The conclusion: QST is definitely undervalued!