Is GDS Holdings (9698) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 73.4% / 30% | 13.0% / 30% | 5.4% / 30% | 0.87% / 5% | ✗ NOT HALAL |
| DJIM | 73.4% / 33% | 13.0% / 33% | 5.4% / 33% | 0.87% / 5% | ✗ NOT HALAL |
| MSCI | 60.4% / 33% | 10.7% / 33% | 4.4% / 33% | 0.87% / 5% | ✗ NOT HALAL |
| S&P | 73.4% / 33% | 13.0% / 33% | 5.4% / 33% | 0.87% / 5% | ✗ NOT HALAL |
| FTSE | 60.4% / 33% | 10.7% / 33% | 4.4% / 50% | 0.87% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 22.6% | |
| Operating Margin | 12.4% | |
| Net Margin | 8.3% | |
| Return on Equity (ROE) | 3.7% | |
| Return on Assets (ROA) | 1.2% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $1.9B |
| Free Cash Flow | -$1.3B |
| Total Debt | $44.5B |
| Debt-to-Equity | 171.3 |
| Current Ratio | 2.6 |
| Total Assets | $73.6B |
Price & Trading
| Last Close | HKD 42.80 |
| 50-Day MA | HKD 42.40 |
| 200-Day MA | HKD 36.18 |
| Avg Volume | 5.7M |
| Beta | 0.5 |
|
52-Week Range
HKD 17.00
| |
About GDS Holdings (9698)
GDS Holdings Limited, together with its subsidiaries, develops and operates data centers in the People's Republic of China. The company offers colocation services comprising critical facilities space, customer-available power, racks, and cooling; managed hosting services, including business continuity and disaster recovery, network management, data storage, system security, operating system, database, and server middleware services; managed cloud services; and consulting services. It serves cloud service providers, large Internet companies, financial institutions, telecommunications carriers and IT service providers, large domestic private sector, and multinational corporations. The company was founded in 2001 and is headquartered in Shanghai, the People's Republic of China.
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Frequently Asked Questions
Is GDS Holdings (9698) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), GDS Holdings 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 GDS Holdings's debt ratio?
GDS Holdings's debt ratio is 73.4% 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 60.4%.
What are GDS Holdings's key financial metrics?
GDS Holdings has a market capitalization of $66.9B, trailing P/E ratio of 67.3, and revenue of $10.3B. The company maintains a gross margin of 22.6% and a net margin of 8.3%. 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.