Is ZW Data Action Technologies Inc. (CNET) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 5.3% / 30% | 35.0% / 30% | 165.8% / 30% | 1.93% / 5% | ✗ NOT HALAL |
| DJIM | 5.3% / 33% | 35.0% / 33% | 165.8% / 33% | 1.93% / 5% | ✗ NOT HALAL |
| MSCI | 1.3% / 33% | 8.4% / 33% | 39.7% / 33% | 1.93% / 5% | ✗ NOT HALAL |
| S&P | 5.3% / 33% | 35.0% / 33% | 165.8% / 33% | 1.93% / 5% | ✗ NOT HALAL |
| FTSE | 1.3% / 33% | 8.4% / 33% | 39.7% / 50% | 1.93% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 4.8% | |
| Operating Margin | -8.9% | |
| Net Margin | -33.4% | |
| Return on Equity (ROE) | -49.5% | |
| Return on Assets (ROA) | -11.8% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$2M |
| Free Cash Flow | -$2M |
| Total Debt | $122,000 |
| Debt-to-Equity | 5.4 |
| Current Ratio | 1.4 |
| Total Assets | $10M |
Price & Trading
| Last Close | $0.65 |
| 50-Day MA | $0.91 |
| 200-Day MA | $1.46 |
| Avg Volume | 410K |
| Beta | 0.9 |
|
52-Week Range
$0.60
| |
About ZW Data Action Technologies Inc. (CNET)
ZW Data Action Technologies Inc., together with its subsidiaries, provides omni-channel advertising, precision marketing, and data analysis management systems in the People's Republic of China. It offers Internet advertising, precision marketing, e-commerce online to offline (O2O) advertising, marketing services, and related value-added technical services, as well as the related data and technical services to small and medium enterprises through its Internet portals, sales agents, distributors, and/or resellers. The company also develops and operates blockchain enabled web/mobile applications, as well as distribution of the right to use search engine marketing services; blockchain-based SaaS services that provides one-stop blockchain-powered enterprise management solutions in forms of NFT generations, data record, share, and storage module subscriptions, etc. In addition, it distributes health and wellness related products. The company was formerly known as ChinaNet Online Holdings, Inc. and changed its name to ZW Data Action Technologies Inc. in October 2020. Data Action Technologies Inc. was founded in 2003 and is based in Central, Hong Kong.
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Frequently Asked Questions
Is ZW Data Action Technologies Inc. (CNET) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), ZW Data Action Technologies 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 ZW Data Action Technologies Inc.'s debt ratio?
ZW Data Action Technologies Inc.'s debt ratio is 5.3% 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 1.3%.
What are ZW Data Action Technologies Inc.'s key financial metrics?
ZW Data Action Technologies Inc. has a market capitalization of $2M, and revenue of $15M. The company maintains a gross margin of 4.8% and a net margin of -33.4%. Return on equity stands at -49.5%.
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.