Please click and read this disclaimer if you wish to continue with the contents below. Qingling Motors is a best-in-class manufacturer and distributor of commercial trucks in China trading at 1.64 HKD/shr while net cash on balance sheet alone is 3.40 HKD/shr(4.2bil hkd net cash) excluding their restricted cash. The stock price has come off dramatically along with the Hong Kong market in the past.  However, the company is a solid cash flow generator, pushing out at least 610m HKD in FCF per year on a normalized basis.  The current negative 360mil hkd enterprise value is pricing in an extremely heavy discount on the company's current cash balance and future cash flow generation. Despite the large amount of net cash it holds, the company has not been stingy. It has been paying out an annual dividend of 0.16 yuan for 6 consecutive years which equates close to 10% yield pa....