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Non-Tech : Beijing YanHua Petrochemical (BYH) Taking Off
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To: Jim Lou who wrote (88)1/3/1998 6:02:00 AM
From: Tony van Werkhooven  Read Replies (1) of 257
 
Thanks for the response.
By the way, you probably noted that the quotes for BYH on S&P show earnings per share of .03 and a consequent PE of some 300.

I believe that these numbers did not adjust for the faxt that each ADR is 50 Hong Kong shares. Hence the proper earnings number should be around 1.50.

I sent an e-mail to Bank of NY, the depository for the shares, asking if the original data came from them and how this could be corrected.
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