In the A case, an investment advisor has uncovered mixed results about China Electric while reading through various research reports. Although China Electric is an interesting prospect, in the B case, the investment advisor has some doubts. Could China Electric continue at its high rate of profitability and growth? What was management's plan in regard to investing cash in the business? He considers a company's competitive environment and trends in its industry to be a crucial gauge of a company's future success. Who were China Electric's competitors, suppliers, and customers?