AXT INC (AXTI) Financial Ratio Screen

NASDAQ Technology United States USD 3845M
INSUFFICIENT / NOT IMPLEMENTED*
Automated financial screen · activity assessed separately
AXT INC (AXTI) needs additional financial data before the automated screen can be completed. One or more financial fields are missing; this is not a negative screening result.

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MSCI new-inclusion financial-ratio snapshot

AXTI financial screening at a glance

INSUFFICIENT / NOT IMPLEMENTED*Financial ratios shown separately from business review — not a fatwa
Debt ratio
14.9%
Pass vs 30%
Cash ratio
27.7%
Pass vs 30%
Receivables + cash
33.9%
Fail vs 30%
Impermissible income
N/A
Not available vs 5%

Calculation date: 2026-08-31. Financial period used: December 2025. 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
Request this stock review
MSCI-styleMore financial data neededNo negative conclusion follows from missing data
FTSE/Yasaar-styleMore financial data neededNo negative conclusion follows from missing data
S&P-style provisionalFinancial criteria passedActivity is assessed separately
Business activityEvidence available2 SEC extraction facts reviewed; ambiguous activities may remain
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 2025Calculation date2026-08-31S&P-style history2023-08-31 to 2026-07-31Last activity review2026-08-03

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Business activity evidence

Activity assessment in progress

The supplied classification (Semiconductor Equipment & Materials) is only a starting point. Revenue evidence is being assessed before any complete screening conclusion.

Revenue segments: SEC filing extraction found 2 dimensioned facts; 2 have passed extraction review. No activity conclusion is made. Open the SEC annual filing.

Reviewed counting basis: 2 non-overlapping leaves cover 100.00% of the filing revenue total — evidence basis reconciled. 1 included activities remain ambiguous. This is an assisted evidence review, not external Shariah approval.

View SEC-extracted business segments
  • Substrates — 66.7% of filing total · extraction accepted · activity: permissible · hierarchy: leaf · counting: included
  • Raw Materials And Other — 33.3% of filing total · extraction accepted · activity: ambiguous · hierarchy: leaf · counting: included

Profile description reviewed: AXT, Inc. designs, develops, manufactures, and distributes compound and single element semiconductor substrates. The company provides indium phosphide for use in data center connectivity using light/lasers, high-speed data transfer in data centers, 5G communications, fiber optic lasers and detectors, consumer devices, passive optical networks, silicon photonics, photonic integrated circuits, thermo-photovoltaics, RF amplifier and switching, infrared light-emitting diode (LEDS) motion control, lidar for robotics and autonomous vehicles, and infrared thermal imaging. It also offers semi-insulating gallium arsenide (GaAs) substrates for use in Wi-Fi and IoT devices, transistors, direct broadcast television, power amplifiers, satellite communications, and solar cells; and semi-conducting GaAs substrates that are used in LEDs, screen displays using micro-LEDs, printer head lasers and LEDs, 3-D sensing using VCSELs, data center communication using VCSELs, sensors for industrial robotics/near-infrared sensors, laser machining, cutting and drilling, optical couplers, solar cells, night vision goggles, lidar for robotics and autonomous vehicles, and other lasers. In addition, the company provides germanium substrates for use in multi-junction solar cells for satellites, optical sensors and detectors, terrestrial concentrated photo voltaic cells, infrared detectors, and carrier wafer for LED. Further, it offers 6N+ and 7N+ purified gallium, boron trioxide, gallium-magnesium alloy, pyrolytic boron nitride (pBN) crucibles, and pBN insulating parts. It sells its products through direct salesforce in the United States, China, and Europe, as well as through independent sales representatives and distributors in Japan, Taiwan, Korea, and internationally. The company was formerly known as American Xtal Technology, Inc. and changed its name to AXT, Inc. in July 2000. AXT, Inc. was incorporated in 1986 and is headquartered in Fremont, California.

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 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
MSCI 14.9%
/ 30%
27.7%
/ 30%
33.9%
/ 30%
N/A INSUFFICIENT / NOT IMPLEMENTED*
S&P-style (provisional) 7.6%
/ 33%
N/A N/A N/A FINANCIAL SCREEN PASSED*
FTSE 14.9%
/ 33%
27.7%
/ 33%
33.9%
/ 50%
N/A INSUFFICIENT / NOT IMPLEMENTED*

Financial Highlights

P/E Ratio
1954.3
Forward: 26.3
EPS
$0.03
P/B Ratio
4.3
EV/EBITDA
261.5
EV: $3.5B
Revenue
$88M
Growth: 164.8%
Beta
1.9
High volatility
Current Ratio
4.8

Profitability

Gross Margin 32.2%
Operating Margin 21.9%
Net Margin 3.2%
Return on Equity (ROE) 1.0%
Return on Assets (ROA) 0.3%

Cash Flow & Balance Sheet

Operating Cash Flow-$13M
Free Cash Flow-$19M
Total Debt$65M
Debt-to-Equity10.7
Current Ratio4.8
Total Assets$434M

Price & Trading

Last Close$66.92
50-Day MA$64.96
200-Day MA$53.42
Avg Volume10.4M
Beta1.9
52-Week Range
$2.83
$143.16

Financial data provenance and verification

The displayed fields were imported from yfinance on 2026-08-31 for the financial period December 2025. This is a secondary data feed and can differ from amended or newly filed statements.

Historical market-cap evidence

36 monthly estimates are retained from 2023-08-31 to 2026-07-31. Each point combines a month-end close from Nasdaq public historical endpoint with an SEC-reported share count. The latest share evidence is dated 2026-05-04 (10-Q, tag dei:EntityCommonStockSharesOutstanding, accession 0001437749-26-017054). Open SEC XBRL evidence. Open Nasdaq price evidence. When 36 completed months are available, these observations support a provisional independent S&P-style leverage calculation. This reconstruction is not official S&P index data, does not prove index membership, and does not complete the separate activity-income screen. DJIM remains unavailable.

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

About AXT INC (AXTI)

CEO
Dr. Morris S. Young Ph.D.
Employees
1,541
Sector
Technology
Industry
Semiconductor Equipment & Materials
Country
United States
Exchange
NASDAQ
Market Cap (listing currency)
USD 3845M
Currency
USD

AXT, Inc. designs, develops, manufactures, and distributes compound and single element semiconductor substrates. The company provides indium phosphide for use in data center connectivity using light/lasers, high-speed data transfer in data centers, 5G communications, fiber optic lasers and detectors, consumer devices, passive optical networks, silicon photonics, photonic integrated circuits, thermo-photovoltaics, RF amplifier and switching, infrared light-emitting diode (LEDS) motion control, lidar for robotics and autonomous vehicles, and infrared thermal imaging. It also offers semi-insulating gallium arsenide (GaAs) substrates for use in Wi-Fi and IoT devices, transistors, direct broadcast television, power amplifiers, satellite communications, and solar cells; and semi-conducting GaAs substrates that are used in LEDs, screen displays using micro-LEDs, printer head lasers and LEDs, 3-D sensing using VCSELs, data center communication using VCSELs, sensors for industrial robotics/near-infrared sensors, laser machining, cutting and drilling, optical couplers, solar cells, night vision goggles, lidar for robotics and autonomous vehicles, and other lasers. In addition, the company provides germanium substrates for use in multi-junction solar cells for satellites, optical sensors and detectors, terrestrial concentrated photo voltaic cells, infrared detectors, and carrier wafer for LED. Further, it offers 6N+ and 7N+ purified gallium, boron trioxide, gallium-magnesium alloy, pyrolytic boron nitride (pBN) crucibles, and pBN insulating parts. It sells its products through direct salesforce in the United States, China, and Europe, as well as through independent sales representatives and distributors in Japan, Taiwan, Korea, and internationally. The company was formerly known as American Xtal Technology, Inc. and changed its name to AXT, Inc. in July 2000. AXT, Inc. was incorporated in 1986 and is headquartered in Fremont, California.

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Frequently Asked Questions

Is AXT INC (AXTI) halal to invest in?

The current automated result is More financial data is needed. 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 AXT INC's debt ratio?

AXT INC's debt ratio is 14.9% 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 AXT INC's key financial metrics?

AXT INC has a market capitalization of USD 3845M in its listing currency, trailing P/E ratio of 1954.3, and revenue of $88M. The company maintains a gross margin of 32.2% and a net margin of 3.2%. Return on equity stands at 1.0%.

How often is the screening data updated?

Calculation date: 2026-08-31. Financial period: December 2025. 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.