Is Ebang International Holdings Inc. (EBON) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 26.7% / 30% | 1451.1% / 30% | 31.8% / 30% | 193.77% / 5% | ✗ NOT HALAL |
| DJIM | 26.7% / 33% | 1451.1% / 33% | 31.8% / 33% | 193.77% / 5% | ✗ NOT HALAL |
| MSCI | 1.5% / 33% | 79.3% / 33% | 1.7% / 33% | 193.77% / 5% | ✗ NOT HALAL |
| S&P | 26.7% / 33% | 1451.1% / 33% | 31.8% / 33% | 193.77% / 5% | ✗ NOT HALAL |
| FTSE | 1.5% / 33% | 79.3% / 33% | 1.7% / 50% | 193.77% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 6.3% | |
| Operating Margin | -303.1% | |
| Net Margin | -252.7% | |
| Return on Equity (ROE) | -7.1% | |
| Return on Assets (ROA) | -6.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$18M |
| Free Cash Flow | -$23M |
| Total Debt | $4M |
| Debt-to-Equity | 1.3 |
| Current Ratio | 22.0 |
| Total Assets | $276M |
Price & Trading
| Last Close | $1.99 |
| 50-Day MA | $2.65 |
| 200-Day MA | $3.69 |
| Avg Volume | 9K |
| Beta | 2.7 |
|
52-Week Range
$1.72
| |
About Ebang International Holdings Inc. (EBON)
Ebang International Holdings Inc., through its subsidiaries, provides cross-border payment and foreign exchange services in Mainland China and Australia. The company offers solar and battery storage solutions, such as smart solar inverters and hybrid solar and storage systems; and SaaS data visualization and analytics solutions. It also provides fiber-optic communication access devices, such as multiprotocol label switching fiber-optic access network devices, multi-service access platform integrated business access devices, and wavelength-division multiplexing fiber-optic devices; and enterprise convergent communication terminals, including gigabit passive optical network, Fiber to the Room products, passive optical network converged gateway, enterprise cloud gateway devices, industrial Internet of Things access devices, and business enterprise smart wireless access devices. In addition, the company sells bitcoin mining machines under the Ebit brand. It also operates a proprietary cryptocurrency exchange platform. The company serves the blockchain and telecommunications industries. It sells its blockchain products directly, as well as through its website; and telecommunication products through supplier contracts. The company was founded in 2010 and is headquartered in Hangzhou, China.
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Frequently Asked Questions
Is Ebang International Holdings Inc. (EBON) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Ebang International Holdings 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 Ebang International Holdings Inc.'s debt ratio?
Ebang International Holdings Inc.'s debt ratio is 26.7% 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 1.5%.
What are Ebang International Holdings Inc.'s key financial metrics?
Ebang International Holdings Inc. has a market capitalization of $11M, and revenue of $6M. The company maintains a gross margin of 6.3% and a net margin of -252.7%. Return on equity stands at -7.1%.
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.