Is China Resources (1109) Halal?

HKSE Real Estate Hong Kong $199.0B
✗ NOT HALAL
Confidence: 90/100
China Resources (1109) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 120.8% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. China Resources operates in the Real Estate sector.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 120.8%
/ 30%
62.1%
/ 30%
1.6%
/ 30%
1.06%
/ 5%
✗ NOT HALAL
DJIM 120.8%
/ 33%
62.1%
/ 33%
1.6%
/ 33%
1.06%
/ 5%
✗ NOT HALAL
MSCI 23.6%
/ 33%
12.1%
/ 33%
0.3%
/ 33%
1.06%
/ 5%
✓ HALAL
S&P 120.8%
/ 33%
62.1%
/ 33%
1.6%
/ 33%
1.06%
/ 5%
✗ NOT HALAL
FTSE 23.6%
/ 33%
12.1%
/ 33%
0.3%
/ 50%
1.06%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
6.4
Forward: 7.5
EPS
$4.34
Dividend Yield
516.0%
Payout: 34.3%
P/B Ratio
0.6
EV/EBITDA
10.4
EV: $546.7B
Revenue
$278.8B
Growth: 19.9%
Beta
0.6
Low volatility
Current Ratio
1.5

Profitability

Gross Margin 22.2%
Operating Margin 19.0%
Net Margin 9.2%
Return on Equity (ROE) 8.9%
Return on Assets (ROA) 2.7%

Cash Flow & Balance Sheet

Operating Cash Flow$46.6B
Free Cash Flow$45.6B
Total Debt$266.3B
Debt-to-Equity82.8
Current Ratio1.5
Total Assets$1.1T

Price & Trading

Last CloseHKD 27.96
50-Day MAHKD 30.42
200-Day MAHKD 29.68
Avg Volume19.0M
Beta0.6
52-Week Range
HKD 22.75
HKD 34.12

About China Resources (1109)

CEO
Mr. Xin Li
Employees
60,740
Sector
Real Estate
Industry
Real Estate - Development
Country
Hong Kong
Exchange
HKSE
Market Cap
$199.0B
Currency
HKD

China Resources Land Limited, an investment holding company, engages in the investment, development, management, and sale of properties in the People's Republic of China. The company operates through four segments: Development Property Business, Investment Property Business, Asset-light Management Business, and Eco-system Elementary Business. It engages in development and sale of residential properties, offices, and commercial premises; and leases investment properties comprising self-developed and under sublease, such as shopping malls, offices, hotels, apartments, and industrial park. In addition, the company is involved in the commercial operation and property management, as well as building operation, construction and operation services, rental housing business, industrial property, etc. The company was formerly known as China Resources (Beijing) Land Co., Ltd. and changed its name to China Resources Land Limited in 2001. China Resources Land Limited was founded in 1994 and is headquartered in Wan Chai, Hong Kong. China Resources Land Limited operates as a subsidiary of CRH (Land) Limited.

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Frequently Asked Questions

Is China Resources (1109) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), China Resources 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 China Resources's debt ratio?

China Resources's debt ratio is 120.8% 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 23.6%.

What are China Resources's key financial metrics?

China Resources has a market capitalization of $199.0B, trailing P/E ratio of 6.4, and revenue of $278.8B. The company maintains a gross margin of 22.2% and a net margin of 9.2%. Return on equity stands at 8.9%.

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.