Is China Automotive Systems, Inc. (CAAS) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 134.3% / 30% | 67.3% / 30% | 275.4% / 30% | 0.36% / 5% | ✗ NOT HALAL |
| DJIM | 134.3% / 33% | 67.3% / 33% | 275.4% / 33% | 0.36% / 5% | ✗ NOT HALAL |
| MSCI | 19.8% / 33% | 9.9% / 33% | 40.6% / 33% | 0.36% / 5% | ✗ NOT HALAL |
| S&P | 134.3% / 33% | 67.3% / 33% | 275.4% / 33% | 0.36% / 5% | ✗ NOT HALAL |
| FTSE | 19.8% / 33% | 9.9% / 33% | 40.6% / 50% | 0.36% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 16.6% | |
| Operating Margin | 7.2% | |
| Net Margin | 4.6% | |
| Return on Equity (ROE) | 10.4% | |
| Return on Assets (ROA) | 3.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $10M |
| Free Cash Flow | -$35M |
| Total Debt | $169M |
| Debt-to-Equity | 19.1 |
| Current Ratio | 1.3 |
| Total Assets | $851M |
Price & Trading
| Last Close | $4.24 |
| 50-Day MA | $4.40 |
| 200-Day MA | $4.33 |
| Avg Volume | 25K |
| Beta | 1.0 |
|
52-Week Range
$3.50
| |
About China Automotive Systems, Inc. (CAAS)
China Automotive Systems, Inc., through its subsidiaries, manufactures and sells automotive systems and components in the People's Republic of China, the United States, and internationally. The company produces rack and pinion power steering gears for cars and light-duty vehicles; integral power steering gears for heavy-duty vehicles; power steering parts for light duty vehicles; sensor modules; automobile steering systems and columns; and automobile electronics and systems and parts. It also provides automotive motors and electromechanical integrated systems; polymer materials; and intelligent automotive technology research and development services. In addition, the company offers after sales services, and research and development support services; and inspection and testing of automotive products, as well as markets automotive parts in North America. It primarily sells its products to the original equipment manufacturing customers. China Automotive Systems, Inc. is headquartered in Jingzhou, the People's Republic of China.
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Frequently Asked Questions
Is China Automotive Systems, Inc. (CAAS) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), China Automotive Systems, Inc. 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 China Automotive Systems, Inc.'s debt ratio?
China Automotive Systems, Inc.'s debt ratio is 134.3% 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 19.8%.
What are China Automotive Systems, Inc.'s key financial metrics?
China Automotive Systems, Inc. has a market capitalization of $127M, trailing P/E ratio of 3.8, and revenue of $651M. The company maintains a gross margin of 16.6% and a net margin of 4.6%. Return on equity stands at 10.4%.
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.