Is Sunny Optical (2382) Halal?

HKSE Technology China $57.7B
✗ NOT HALAL
Confidence: 90/100
Sunny Optical (2382) is Not Halal under AAOIFI Standard 21. While the debt ratio of 10.4% is acceptable, the cash and interest-bearing securities ratio of 36.3% exceeds the 30% threshold. Sunny Optical operates in the Technology sector.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 10.4%
/ 30%
36.3%
/ 30%
13.6%
/ 30%
1.14%
/ 5%
✗ NOT HALAL
DJIM 10.4%
/ 33%
36.3%
/ 33%
13.6%
/ 33%
1.14%
/ 5%
✗ NOT HALAL
MSCI 11.4%
/ 33%
39.7%
/ 33%
14.9%
/ 33%
1.14%
/ 5%
✗ NOT HALAL
S&P 10.4%
/ 33%
36.3%
/ 33%
13.6%
/ 33%
1.14%
/ 5%
✗ NOT HALAL
FTSE 11.4%
/ 33%
39.7%
/ 33%
14.9%
/ 50%
1.14%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
15.8
Forward: 12.9
EPS
$3.40
Dividend Yield
99.0%
Payout: 16.3%
P/B Ratio
2.0
EV/EBITDA
8.2
EV: $41.5B
Revenue
$38.3B
Growth: 4.2%
Beta
1.0
Average volatility
Current Ratio
1.6

Profitability

Gross Margin 19.6%
Operating Margin 7.5%
Net Margin 8.4%
Return on Equity (ROE) 13.5%
Return on Assets (ROA) 3.3%

Cash Flow & Balance Sheet

Operating Cash Flow$3.5B
Free Cash Flow$1.2B
Total Debt$6.1B
Debt-to-Equity25.0
Current Ratio1.6
Total Assets$53.8B

Price & Trading

Last CloseHKD 52.85
50-Day MAHKD 58.07
200-Day MAHKD 69.92
Avg Volume11.4M
Beta1.0
52-Week Range
HKD 51.20
HKD 91.40

About Sunny Optical (2382)

CEO
Mr. Wenjie Wang
Employees
33,794
Sector
Technology
Industry
Electronic Components
Country
China
Exchange
HKSE
Market Cap
$57.7B
Currency
HKD

Sunny Optical Technology (Group) Company Limited, an investment holding company, engages in designing, researching, developing, manufacturing, and selling optical and optical related products, and scientific instruments. It operates through Optical Components, Optoelectronic Products, and Optical Instruments segments. The Optical Components segment offers vehicle lens sets and optical parts for vehicle light detection and ranging, handset lens sets, glass spherical and aspherical lenses for digital cameras, and other optical components. The Optoelectronic Products segment provides XR visual modules, smart glass camera modules, robotic vision subsystems, handset camera modules and other optoelectronic products. The Optical Instruments segment offers intelligent equipment and microscopes. It also offers mobile phone products and solutions; automotive lens, headlight, HUD, LiDAR, optical elements, automotive camera modules, and active safety warning systems; infrared thermal imaging lens, surveillance lens, and video conference lens; and mobile phone parts inspection and automotive camera module manufacturing equipment. In addition, the company provides life science, industrial inspection, metallurgical, polarization, and stereo microscope instruments; image analysis software; AR/VR optic components and sensors, and system modules; location and recognition systems; and microbes and pathological medical inspection devices. Further, it is involved in the research and development of infrared technologies; and import and export agency services. The company operates in China, rest of Asia, Europe, North America, and internationally. Sunny Optical Technology (Group) Company Limited was founded in 1984 and is headquartered in Yuyao, China.

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Frequently Asked Questions

Is Sunny Optical (2382) halal to invest in?

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

Sunny Optical's debt ratio is 10.4% 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 11.4%.

What are Sunny Optical's key financial metrics?

Sunny Optical has a market capitalization of $57.7B, trailing P/E ratio of 15.8, and revenue of $38.3B. The company maintains a gross margin of 19.6% and a net margin of 8.4%. Return on equity stands at 13.5%.

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.