Is CN ENERGY GROUP. INC. (CNEY) Halal?

NASDAQ Basic Materials China $3M
✗ NOT HALAL
Confidence: 90/100
CN ENERGY GROUP. INC. (CNEY) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 68.2% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. CN ENERGY GROUP. INC. operates in the Basic Materials sector.

Shariah Screening — 5 Standards

Based on financial data from September 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 68.2%
/ 30%
7.8%
/ 30%
785.7%
/ 30%
0.01%
/ 5%
✗ NOT HALAL
DJIM 68.2%
/ 33%
7.8%
/ 33%
785.7%
/ 33%
0.01%
/ 5%
✗ NOT HALAL
MSCI 3.2%
/ 33%
0.4%
/ 33%
36.9%
/ 33%
0.01%
/ 5%
✗ NOT HALAL
S&P 68.2%
/ 33%
7.8%
/ 33%
785.7%
/ 33%
0.01%
/ 5%
✗ NOT HALAL
FTSE 3.2%
/ 33%
0.4%
/ 33%
36.9%
/ 50%
0.01%
/ 5%
✓ HALAL

Financial Highlights

EPS
$-21.46
P/B Ratio
0.0
EV/EBITDA
-0.5
EV: $5M
Revenue
$36M
Growth: -2.4%
Beta
0.8
Low volatility
Current Ratio
13.9

Profitability

Gross Margin 1.8%
Operating Margin -89.9%
Net Margin -31.3%
Return on Equity (ROE) -11.2%
Return on Assets (ROA) -6.7%

Cash Flow & Balance Sheet

Operating Cash Flow-$2M
Free Cash Flow-$2M
Total Debt$3M
Debt-to-Equity3.4
Current Ratio13.9
Total Assets$107M

Price & Trading

Last Close$0.37
50-Day MA$0.85
200-Day MA$1.66
Avg Volume2.1M
Beta0.8
52-Week Range
$0.31
$7.35

About CN ENERGY GROUP. INC. (CNEY)

CEO
Mr. Wenhua Liu
Employees
25
Website
Sector
Basic Materials
Industry
Specialty Chemicals
Country
China
Exchange
NASDAQ
Market Cap
$3M
Currency
USD

CN Energy Group. Inc., through its subsidiaries, manufactures and supplies wood-based activated carbon in China and the United States. The company's activated carbon is used in pharmaceutical and industrial manufacturing, water purification, environmental protection, and food and beverage production. It also engages in the generation and supply of biomass electricity; sale of minerals, stone, metal and construction materials, wood, chemical materials and products, and rubber and paper products; management and conversion of forest and natural ecosystem; and provision of robotics products, automation tools, and related software solutions to small and medium-sized industrial, logistics, and service businesses. The company was founded in 2009 and is headquartered in Lishui, China.

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Frequently Asked Questions

Is CN ENERGY GROUP. INC. (CNEY) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), CN ENERGY GROUP. 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 CN ENERGY GROUP. INC.'s debt ratio?

CN ENERGY GROUP. INC.'s debt ratio is 68.2% 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 3.2%.

What are CN ENERGY GROUP. INC.'s key financial metrics?

CN ENERGY GROUP. INC. has a market capitalization of $3M, and revenue of $36M. The company maintains a gross margin of 1.8% and a net margin of -31.3%. Return on equity stands at -11.2%.

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.