Is ADDENTAX GROUP CORP. (ATXG) Halal?
Shariah Screening — 5 Standards
Based on financial data from March 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 722.1% / 30% | 574.2% / 30% | 179.7% / 30% | 0.03% / 5% | ✗ NOT HALAL |
| DJIM | 722.1% / 33% | 574.2% / 33% | 179.7% / 33% | 0.03% / 5% | ✗ NOT HALAL |
| MSCI | 45.6% / 33% | 36.3% / 33% | 11.3% / 33% | 0.03% / 5% | ✗ NOT HALAL |
| S&P | 722.1% / 33% | 574.2% / 33% | 179.7% / 33% | 0.03% / 5% | ✗ NOT HALAL |
| FTSE | 45.6% / 33% | 36.3% / 33% | 11.3% / 50% | 0.03% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 9.9% | |
| Operating Margin | -7.0% | |
| Net Margin | -158.9% | |
| Return on Equity (ROE) | -34.2% | |
| Return on Assets (ROA) | -3.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $816,001 |
| Free Cash Flow | $618,409 |
| Total Debt | $22M |
| Debt-to-Equity | 4.3 |
| Current Ratio | 21.7 |
| Total Assets | $49M |
Price & Trading
| Last Close | $0.31 |
| 50-Day MA | $5.06 |
| 200-Day MA | $7.92 |
| Avg Volume | 1.7M |
| Beta | -40.1 |
|
52-Week Range
$0.28
| |
About ADDENTAX GROUP CORP. (ATXG)
Addentax Group Corp., through its subsidiaries, engages in the provision of logistic services in China. It operates through three segments: Garment Manufacturing, Logistics Services, and Property Management and Subleasing. The company manufactures and distributes garments; and provides logistic services, such as storage, transportation, warehousing, handling, packaging, and order processing, as well as customs declaration and tax clearance services. It also offers shop subleasing and property management services for garment wholesalers and retailers in the garment market. Addentax Group Corp. is based in Shenzhen, China.
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Frequently Asked Questions
Is ADDENTAX GROUP CORP. (ATXG) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), ADDENTAX GROUP CORP. 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 ADDENTAX GROUP CORP.'s debt ratio?
ADDENTAX GROUP CORP.'s debt ratio is 722.1% 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 45.6%.
What are ADDENTAX GROUP CORP.'s key financial metrics?
ADDENTAX GROUP CORP. has a market capitalization of $246,334, and revenue of $4M. The company maintains a gross margin of 9.9% and a net margin of -158.9%. Return on equity stands at -34.2%.
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.