Alset Inc. (AEI) Financial Ratio Screen

NASDAQ Real Estate United States USD 69M
RATIOS FAIL*
Automated financial screen · activity assessed separately
Alset Inc. (AEI) is potentially non-compliant in the automated ratio model. While the debt ratio of 3.1% is acceptable, the cash and interest-bearing securities ratio of 50.2% exceeds the 30% threshold. Alset Inc. operates in the Real Estate sector.

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MSCI new-inclusion financial-ratio snapshot

AEI financial screening at a glance

RATIOS FAIL*Financial ratios shown separately from business review — not a fatwa
Debt ratio
3.1%
Pass vs 30%
Cash ratio
50.2%
Fail vs 30%
Receivables + cash
60.4%
Fail vs 30%
Impermissible income
3.2%
Pass vs 5%

Calculation date: 2026-08-31. Financial period used: December 2024. The ratios are automated proxies inspired by published methodologies; they are not official index determinations.

Independent method comparison

What the available screens say

How MSCI, FTSE and S&P-style screens differ
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MSCI-styleFinancial criteria not metAt least one available ratio exceeds its threshold
FTSE/Yasaar-styleFinancial criteria not metAt least one available ratio exceeds its threshold
S&P-style provisionalNot yet availableRequired denominator or financial data is incomplete
Business activityAssessment pendingFinancial results do not determine business permissibility
Complete screening result: not yet completeA complete result requires both supported financial criteria and adequate activity evidence. This site does not issue a fatwa or official index decision.
Financial periodDecember 2024Calculation date2026-08-31S&P-style historynot availableLast activity reviewnot yet reviewed

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Business activity evidence

Activity assessment in progress

The supplied classification (Real Estate - Development) is only a starting point. Revenue evidence is being assessed before any complete screening conclusion.

Revenue segments: Not yet checked against an SEC annual filing.

Profile description reviewed: Alset Inc. engages in real estate development business in the United States, Singapore, Hong Kong, Australia, South Korea, and the People's Republic of China. It operates through Real Estate, Digital Transformation Technology, Biohealth, and Other Business Activities segments. The Real Estate segment develops property projects and participates in third-party property development projects; and owns, operates, and manages real estate development projects, including land subdivision developments and house rental projects. The Digital Transformation Technology segment provides support, implementation, and development services with various technologies, including blockchain, e-commerce, social media, artificial intelligent customer service applications, and metaverse services. Its technology platform focuses on business-to-business solutions, such as communications and workflow through instant messaging systems, social media, e-commerce and payment systems, direct marketing platforms, e-real estate, brand protection, and counterfeit and fraud detection; and mobile application product development and other businesses, including information technology services to end-users, service providers, and other commercial users through multiple platforms. The Biohealth segment engages in developing, researching, testing, manufacturing, licensing, and distributing biohealth products and services through retail, direct selling, network marketing, and e-commerce. The Other Business Activities segment provides corporate strategy and business development, food and beverage, asset management, corporate restructuring, and leveraged buy-out services; and operates cafes and restaurants, and a portfolio of trading securities. It engages in consumer products business and financial services. The company was formerly known as Alset EHome International Inc. and changed its name to Alset Inc. in October 2022. The company was incorporated in 2018 and is headquartered in Bethesda, Maryland.

Sources to verify: Secondary company profile and classification · Issuer website · SEC issuer filings

A sector label or company description can flag a risk but cannot establish a compliant-revenue percentage. Only sourced segment disclosures may support that calculation.

Published-ratio reproductions (not certifications)

The table shows implemented MSCI and FTSE/Yasaar-style asset-based models plus a provisional S&P-style leverage reconstruction where a complete 36-month denominator exists. These are independent calculations, not official index results or Shariah determinations. See formulas, sources and limitations.

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
MSCI 3.1%
/ 30%
50.2%
/ 30%
60.4%
/ 30%
3.16%
/ 5%
RATIOS FAIL*
FTSE 3.1%
/ 33%
50.2%
/ 33%
60.4%
/ 50%
3.16%
/ 5%
RATIOS FAIL*

Financial Highlights

EPS
$-0.56
P/B Ratio
0.4
EV/EBITDA
-8.7
EV: $41M
Revenue
$21M
Growth: -79.9%
Beta
1.4
High volatility
Current Ratio
10.6

Profitability

Gross Margin 44.5%
Operating Margin -201.0%
Net Margin -105.0%
Return on Equity (ROE) -10.5%
Return on Assets (ROA) -2.8%

Cash Flow & Balance Sheet

Operating Cash Flow$5M
Free Cash Flow$5M
Total Debt$3M
Debt-to-Equity1.5
Current Ratio10.6
Total Assets$97M

Price & Trading

Last Close$1.81
50-Day MA$2.35
200-Day MA$2.21
Avg Volume31K
Beta1.4
52-Week Range
$0.70
$4.55

Financial data provenance and verification

The displayed fields were imported from yfinance on 2026-03-29 for the financial period December 2024. This is a secondary data feed and can differ from amended or newly filed statements.

Verification rule: check debt, cash, receivables, revenue and interest income against the latest primary filing before relying on an automated ratio.

About Alset Inc. (AEI)

CEO
Mr. Heng Fai Chan
Employees
71
Sector
Real Estate
Industry
Real Estate - Development
Country
United States
Exchange
NASDAQ
Market Cap (listing currency)
USD 69M
Currency
USD

Alset Inc. engages in real estate development business in the United States, Singapore, Hong Kong, Australia, South Korea, and the People's Republic of China. It operates through Real Estate, Digital Transformation Technology, Biohealth, and Other Business Activities segments. The Real Estate segment develops property projects and participates in third-party property development projects; and owns, operates, and manages real estate development projects, including land subdivision developments and house rental projects. The Digital Transformation Technology segment provides support, implementation, and development services with various technologies, including blockchain, e-commerce, social media, artificial intelligent customer service applications, and metaverse services. Its technology platform focuses on business-to-business solutions, such as communications and workflow through instant messaging systems, social media, e-commerce and payment systems, direct marketing platforms, e-real estate, brand protection, and counterfeit and fraud detection; and mobile application product development and other businesses, including information technology services to end-users, service providers, and other commercial users through multiple platforms. The Biohealth segment engages in developing, researching, testing, manufacturing, licensing, and distributing biohealth products and services through retail, direct selling, network marketing, and e-commerce. The Other Business Activities segment provides corporate strategy and business development, food and beverage, asset management, corporate restructuring, and leveraged buy-out services; and operates cafes and restaurants, and a portfolio of trading securities. It engages in consumer products business and financial services. The company was formerly known as Alset EHome International Inc. and changed its name to Alset Inc. in October 2022. The company was incorporated in 2018 and is headquartered in Bethesda, Maryland.

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Frequently Asked Questions

Is Alset Inc. (AEI) halal to invest in?

The current automated result is Financial criteria not met or an activity exclusion was detected. It uses available public financial fields and simplified methodology proxies. It is not a fatwa or an official determination by AAOIFI, DJIM, MSCI, S&P, or FTSE.

What is Alset Inc.'s debt ratio?

Alset Inc.'s debt ratio is 3.1% in the MSCI new-inclusion reproduction: total debt divided by total assets, against a 30% threshold. See the methodology page for the official source and limitations.

What are Alset Inc.'s key financial metrics?

Alset Inc. has a market capitalization of USD 69M in its listing currency, and revenue of $21M. The company maintains a gross margin of 44.5% and a net margin of -105.0%. Return on equity stands at -10.5%.

How often is the screening data updated?

Calculation date: 2026-08-31. Financial period: December 2024. These dates are shown separately because regenerating this page does not refresh the underlying data.

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.