Is CDT Environmental Technology Investment Holdings Ltd (CDTG) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 112.0% / 30% | 2.5% / 30% | 1526.9% / 30% | 0.0% / 5% | ✗ NOT HALAL |
| DJIM | 112.0% / 33% | 2.5% / 33% | 1526.9% / 33% | 0.0% / 5% | ✗ NOT HALAL |
| MSCI | 6.3% / 33% | 0.1% / 33% | 86.4% / 33% | 0.0% / 5% | ✗ NOT HALAL |
| S&P | 112.0% / 33% | 2.5% / 33% | 1526.9% / 33% | 0.0% / 5% | ✗ NOT HALAL |
| FTSE | 6.3% / 33% | 0.1% / 33% | 86.4% / 50% | 0.0% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 39.6% | |
| Operating Margin | -15.5% | |
| Net Margin | -5.2% | |
| Return on Equity (ROE) | -3.5% | |
| Return on Assets (ROA) | -0.7% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$2M |
| Free Cash Flow | -$2M |
| Total Debt | $6M |
| Debt-to-Equity | 17.1 |
| Current Ratio | 1.5 |
| Total Assets | $89M |
Price & Trading
| Last Close | $0.34 |
| 50-Day MA | $0.33 |
| 200-Day MA | $0.56 |
| Avg Volume | 887K |
|
52-Week Range
$0.20
| |
About CDT Environmental Technology Investment Holdings Ltd (CDTG)
CDT Environmental Technology Investment Holdings Limited designs, develops, manufactures, sells, installs, operates, and maintains sewage treatment systems in China. The company sells complete sewage treatment systems; constructs rural sewage treatment plants; installs systems; and provides on-going operation and maintenance services for systems and plants in China for municipalities and enterprise clients. It provides sewage treatment services, such as on-site or in-situ septic tank treatment services in the urban and rural areas for municipalities, and residential and business property management companies. CDT Environmental Technology Investment Holdings Limited was incorporated in 2016 and is based in Shenzhen, China.
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Frequently Asked Questions
Is CDT Environmental Technology Investment Holdings Ltd (CDTG) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), CDT Environmental Technology Investment Holdings 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 CDT Environmental Technology Investment Holdings Ltd's debt ratio?
CDT Environmental Technology Investment Holdings Ltd's debt ratio is 112.0% 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 6.3%.
What are CDT Environmental Technology Investment Holdings Ltd's key financial metrics?
CDT Environmental Technology Investment Holdings Ltd has a market capitalization of $5M, and revenue of $30M. The company maintains a gross margin of 39.6% and a net margin of -5.2%. Return on equity stands at -3.5%.
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.