Is Smart Powerr Corp. (CREG) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 20.1% / 30% | 0.1% / 30% | 233.5% / 30% | N/A | ✗ NOT HALAL |
| DJIM | 20.1% / 33% | 0.1% / 33% | 233.5% / 33% | N/A | ✗ NOT HALAL |
| MSCI | 4.0% / 33% | 0.0% / 33% | 46.1% / 33% | N/A | ✗ NOT HALAL |
| S&P | 20.1% / 33% | 0.1% / 33% | 233.5% / 33% | N/A | ✗ NOT HALAL |
| FTSE | 4.0% / 33% | 0.0% / 33% | 46.1% / 50% | N/A | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 45.9% | |
| Operating Margin | -235.1% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -2.7% | |
| Return on Assets (ROA) | -1.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$11M |
| Free Cash Flow | -$11M |
| Total Debt | $5M |
| Debt-to-Equity | 2.6 |
| Current Ratio | 9.0 |
| Total Assets | $121M |
Price & Trading
| Last Close | $0.23 |
| 50-Day MA | $1.08 |
| 200-Day MA | $1.50 |
| Avg Volume | 2.0M |
| Beta | 0.3 |
|
52-Week Range
$0.19
| |
About Smart Powerr Corp. (CREG)
Smart Powerr Corp., through its subsidiaries, operates in the waste energy recycling industry in China. The company provides energy saving and recovery facilities for various energy intensive industries; waste energy recycling systems for use in nonferrous metal plants; and clean-technology and energy-efficient solutions to reduce air pollution and energy shortage problems. It also designs, finances, constructs, and installs the waste energy recycling project to mid to large-size enterprises involved in high energy-consuming businesses; offers project investment, investment management, economic information consulting, technical, financial leasing, and financial leasing transactions and consulting services; purchases, repairs, and disposes financial leasing assets; and sells and leases energy saving systems and equipment. In addition, the company offers various waste-to-energy technologies and solutions comprising waste gas power generation system that utilizes flammable waste gas to generate electricity; and flammable waste gases emitted from industrial production processes, such as blast furnace gas, coke furnace gas, and oil or gas to power gas-fired generators, as well as uses the waste heat generated in industrial production to create steam to generate electricity through a steam turbine. Further, it markets its projects to the industrial manufacturers to utilize energy recovery projects in their manufacturing processes, including steel, cement, nonferrous metal, coal, and petrochemical industries. Smart Powerr Corp. was formerly known as China Recycling Energy Corporation and changed its name to Smart Powerr Corp. in March 2022. The company is headquartered in Xi'an, China.
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Frequently Asked Questions
Is Smart Powerr Corp. (CREG) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Smart Powerr Corp. 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 Smart Powerr Corp.'s debt ratio?
Smart Powerr Corp.'s debt ratio is 20.1% 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 4.0%.
What are Smart Powerr Corp.'s key financial metrics?
Smart Powerr Corp. has a market capitalization of $5M. Return on equity stands at -2.7%.
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.