Is SHK Properties (0016) Halal?
Shariah Screening — 5 Standards
Based on financial data from June 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 31.5% / 30% | 4.1% / 30% | 0.9% / 30% | N/A | ✗ NOT HALAL |
| DJIM | 31.5% / 33% | 4.1% / 33% | 0.9% / 33% | N/A | ✓ HALAL |
| MSCI | 15.8% / 33% | 2.1% / 33% | 0.4% / 33% | N/A | ✓ HALAL |
| S&P | 31.5% / 33% | 4.1% / 33% | 0.9% / 33% | N/A | ✓ HALAL |
| FTSE | 15.8% / 33% | 2.1% / 33% | 0.4% / 50% | N/A | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 37.5% | |
| Operating Margin | 24.3% | |
| Net Margin | 23.8% | |
| Return on Equity (ROE) | 3.7% | |
| Return on Assets (ROA) | 2.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $24.5B |
| Free Cash Flow | $19.9B |
| Total Debt | $129.7B |
| Debt-to-Equity | 16.6 |
| Current Ratio | 3.3 |
| Total Assets | $818.1B |
Price & Trading
| Last Close | HKD 130.60 |
| 50-Day MA | HKD 130.61 |
| 200-Day MA | HKD 103.93 |
| Avg Volume | 7.1M |
| Beta | 0.8 |
|
52-Week Range
HKD 65.20
| |
About SHK Properties (0016)
Sun Hung Kai Properties Limited, an investment holding company, develops and invests in properties for sale and rent in Hong Kong, Mainland China, and internationally. It develops, sells, and leases properties, including residential estates, offices, shopping malls, and hotels and serviced suites. The company also provides property management services; construction-related services, including landscaping, electrical and mechanical installation, production and installation of wooden doors, and construction plant and machinery leasing; and insurance products to individuals and businesses comprising householder's comprehensive, fire, employees' compensation, travel, personal accident, motor vehicles, contractors' all risks, third party liability, and property all risks. In addition, it offers public bus, car parks, toll roads, and retail department stores services; data centre, facilities management, and value-added services; general insurance; and airport freight forwarding services. Further, the company provides insurance and mortgage services; mobile telephone, data centres, and IT infrastructure services; and transport infrastructure operation and management, port, and air transport and logistic services, as well as Internet of Things (IoT) solutions. Additionally, it offers mobile telephone system operation services; asset and project management services; loan financing; fire prevention and mechanical engineering services; architectural and engineering services; property and facility management services; business aviation centre services; real estate and general agency services; and secretarial services, as well as manufactures and sells ready mixed and precast concrete. The company also engages in the hotel operation business. The company was formerly known as Sun Hung Kai (Holdings) Limited and changed its name to Sun Hung Kai Properties Limited in March 1973. Sun Hung Kai Properties Limited was incorporated in 1972 and is based in Wan Chai, Hong Kong.
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Frequently Asked Questions
Is SHK Properties (0016) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), SHK Properties is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is SHK Properties's debt ratio?
SHK Properties's debt ratio is 31.5% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 15.8%.
What are SHK Properties's key financial metrics?
SHK Properties has a market capitalization of $373.2B, trailing P/E ratio of 17.0. The company maintains a gross margin of 37.5% and a net margin of 23.8%. Return on equity stands at 3.7%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.