Yesterday CGA released it's first Quarter results for 2014. The market valued CGA's shareprice 7% lower!
Why ?
IMO, it was the anouncement of 25 Millions in deferred Assets. Today the 10Q wasw sin and we caqn read the Explanation:

Deferred assetDeferred asset represents amounts that the Company advanced to the distributors in their marketing efforts and developing standard stores to expand the Company’s products’ competitiveness and market shares. The amount owed to the Company to assist its distributors will be expensed over three years as long as the distributors are actively selling the Company’s products.If a distributor breaches, defaults, or terminates the agreement with the Company within the three year period, the outstanding unamortized portion of the amount owed is payable to the Company immediately. The Company’s Chairman, Mr. Li, guaranteed to the Company of amounts remaining unpaid due from distributors.

Revenue and Earnings were great if you put in mind the decreased Prices in the fertilizer markets:
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