Is Hyundai Steel (004020) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 199.8% / 30% | 42.5% / 30% | 48.3% / 30% | 0.49% / 5% | ✗ NOT HALAL |
| DJIM | 199.8% / 33% | 42.5% / 33% | 48.3% / 33% | 0.49% / 5% | ✗ NOT HALAL |
| MSCI | 30.1% / 33% | 6.4% / 33% | 7.3% / 33% | 0.49% / 5% | ✓ HALAL |
| S&P | 199.8% / 33% | 42.5% / 33% | 48.3% / 33% | 0.49% / 5% | ✗ NOT HALAL |
| FTSE | 30.1% / 33% | 6.4% / 33% | 7.3% / 50% | 0.49% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 6.0% | |
| Operating Margin | 1.6% | |
| Net Margin | -0.1% | |
| Return on Equity (ROE) | -0.0% | |
| Return on Assets (ROA) | 0.2% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $1.8T |
| Free Cash Flow | $85.8B |
| Total Debt | $10.4T |
| Debt-to-Equity | 51.4 |
| Current Ratio | 1.6 |
| Total Assets | $34.7T |
Price & Trading
| Last Close | KRW 34,950.00 |
| 50-Day MA | KRW 34,774.00 |
| 200-Day MA | KRW 33,227.25 |
| Avg Volume | 1.4M |
| Beta | 1.3 |
|
52-Week Range
KRW 21,400.00
| |
About Hyundai Steel (004020)
Hyundai Steel Company, together with its subsidiaries, engages in the manufacture and sale of steel and other industrial metal products in Korea, rest of Asia, the United States, and Europe. The company offers hot and cold rolled steel sheets, steel and heavy plates, ERW and steel pipes, reinforcing bars, special steel bars, heavy machinery, wire rods, and automotive parts, as well as tailor welded blanks, hydroforming, and hot stamping products; and H-sections, angles, I beams, steel sheet piles, and railway rails. It serves automobile, shipbuilding, and construction industries. The company was formerly known as INI Steel Company and changed its name to Hyundai Steel Company in March 2006. Hyundai Steel Company was founded in 1953 and is headquartered in Incheon, South Korea.
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Frequently Asked Questions
Is Hyundai Steel (004020) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Hyundai Steel 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 Hyundai Steel's debt ratio?
Hyundai Steel's debt ratio is 199.8% 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 30.1%.
What are Hyundai Steel's key financial metrics?
Hyundai Steel has a market capitalization of $4.6T, and revenue of $23.2T. The company maintains a gross margin of 6.0% and a net margin of -0.1%. Return on equity stands at -0.0%.
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.