Is ASIA PACIFIC WIRE & CABLE CORP LTD (APWC) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 88.2% / 30% | 96.7% / 30% | 299.3% / 30% | 0.04% / 5% | ✗ NOT HALAL |
| DJIM | 88.2% / 33% | 96.7% / 33% | 299.3% / 33% | 0.04% / 5% | ✗ NOT HALAL |
| MSCI | 9.1% / 33% | 10.0% / 33% | 31.0% / 33% | 0.04% / 5% | ✓ HALAL |
| S&P | 88.2% / 33% | 96.7% / 33% | 299.3% / 33% | 0.04% / 5% | ✗ NOT HALAL |
| FTSE | 9.1% / 33% | 10.0% / 33% | 31.0% / 50% | 0.04% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 7.3% | |
| Operating Margin | 3.0% | |
| Net Margin | 0.6% | |
| Return on Equity (ROE) | 2.5% | |
| Return on Assets (ROA) | 1.4% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $24M |
| Free Cash Flow | $20M |
| Total Debt | $31M |
| Debt-to-Equity | 19.3 |
| Current Ratio | 2.5 |
| Total Assets | $340M |
Price & Trading
| Last Close | $1.43 |
| 50-Day MA | $1.61 |
| 200-Day MA | $1.77 |
| Avg Volume | 8K |
| Beta | 0.4 |
|
52-Week Range
$1.34
| |
About ASIA PACIFIC WIRE & CABLE CORP LTD (APWC)
Asia Pacific Wire & Cable Corporation Limited, through its subsidiaries, manufactures and distributes enameled wire, power cable, and telecommunications products in Thailand, Singapore, Australia, the People's Republic of China, Hong Kong, and the Asia Pacific region. The company offers copper rods; armored and unarmored low voltage power transmission cable, which is used to transmit electricity to and within commercial and residential buildings, as well as to outdoor installations, such as streetlights, traffic signals, and other signs; and telecommunications cable products, including copper-based and fiber optic cables for telephone and data transmissions. It also provides enameled wire for use in the assembly of a range of electrical products consisting of oil-filled transformers, refrigerator motors, telephones, radios, televisions, fan motors, air conditioner compressors, and other electric appliances. In addition, the company offers project engineering services in the supply, delivery, and installation of power cables, as well as fabrication services for converting raw materials to wire and cable products. It serves government organizations, electric contracting firms, electrical dealers, appliance component manufacturers, state owned entities, and wire and cable dealers and factories. The company was incorporated in 1996 and is based in Taipei, Taiwan. Asia Pacific Wire & Cable Corporation Limited is a subsidiary of Pacific Electric Wire & Cable Co., Ltd.
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Frequently Asked Questions
Is ASIA PACIFIC WIRE & CABLE CORP LTD (APWC) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), ASIA PACIFIC WIRE & CABLE CORP LTD 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 ASIA PACIFIC WIRE & CABLE CORP LTD's debt ratio?
ASIA PACIFIC WIRE & CABLE CORP LTD's debt ratio is 88.2% 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 9.1%.
What are ASIA PACIFIC WIRE & CABLE CORP LTD's key financial metrics?
ASIA PACIFIC WIRE & CABLE CORP LTD has a market capitalization of $57M, trailing P/E ratio of 9.9, and revenue of $473M. The company maintains a gross margin of 7.3% and a net margin of 0.6%. Return on equity stands at 2.5%.
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.