Is EHang Holdings Ltd (EH) Halal?

NASDAQ Industrials China $676M
✗ NOT HALAL
Confidence: 90/100
EHang Holdings Ltd (EH) is Not Halal under AAOIFI Standard 21. While the debt ratio of 28.2% is acceptable, the cash and interest-bearing securities ratio of 135.7% exceeds the 30% threshold. EHang Holdings Ltd operates in the Industrials sector.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 28.2%
/ 30%
135.7%
/ 30%
9.8%
/ 30%
6.71%
/ 5%
✗ NOT HALAL
DJIM 28.2%
/ 33%
135.7%
/ 33%
9.8%
/ 33%
6.71%
/ 5%
✗ NOT HALAL
MSCI 14.7%
/ 33%
71.0%
/ 33%
5.1%
/ 33%
6.71%
/ 5%
✗ NOT HALAL
S&P 28.2%
/ 33%
135.7%
/ 33%
9.8%
/ 33%
6.71%
/ 5%
✗ NOT HALAL
FTSE 14.7%
/ 33%
71.0%
/ 33%
5.1%
/ 50%
6.71%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-0.45
P/B Ratio
4.3
EV/EBITDA
-3.0
EV: $755M
Revenue
$456M
Growth: 48.4%
Beta
1.0
Average volatility
Current Ratio
2.1

Profitability

Gross Margin 62.0%
Operating Margin -2.7%
Net Margin -45.2%
Return on Equity (ROE) -22.3%
Return on Assets (ROA) -9.2%

Cash Flow & Balance Sheet

Operating Cash Flow$158M
Free Cash Flow$118M
Total Debt$233M
Debt-to-Equity40.6
Current Ratio2.1
Total Assets$1.6B

Price & Trading

Last Close$9.70
50-Day MA$12.04
200-Day MA$15.40
Avg Volume694K
Beta1.0
52-Week Range
$9.39
$21.46

About EHang Holdings Ltd (EH)

CEO
Mr. Huazhi Hu
Sector
Industrials
Industry
Aerospace & Defense
Country
China
Exchange
NASDAQ
Market Cap
$676M
Currency
USD

EHang Holdings Limited operates as an urban air mobility (UAM) technology platform company in the People's Republic of China, East Asia, West Asia, North America, South America, West Africa, and Europe. It designs, develops, manufactures, sells, and operates UAVs, as well as supporting systems and infrastructure for various industries and applications, including passenger transportation, logistics, smart city management, and aerial media solutions. The company's product portfolio includes EH216 series, the VT series, the Falcon B, and the GD series. It also offers airborne operating systems, including autopilot and flight control, communication, battery management system, and safety management systems; and command-and-control system. In addition, the company has built a digital UAM operational platform architecture and visualized flight operation module for managing the EH216-S flight schedule, ground crew, vertiports and landing pads, and other factors for the entire front-line UAM operational process. Further, it offers vertiports for eVTOL aircraft operations and mobility efficiency; and charging piles for eVTOL aircraft. Additionally, the company provides air mobility solutions; smart city management, which centralizes and coordinates a range of UAV applications; and aerial media solutions for drone light shows. EHang Holdings Limited was incorporated in 2014 and is headquartered in Guangzhou, the People's Republic of China.

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Frequently Asked Questions

Is EHang Holdings Ltd (EH) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), EHang 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 EHang Holdings Ltd's debt ratio?

EHang Holdings Ltd's debt ratio is 28.2% 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 14.7%.

What are EHang Holdings Ltd's key financial metrics?

EHang Holdings Ltd has a market capitalization of $676M, and revenue of $456M. The company maintains a gross margin of 62.0% and a net margin of -45.2%. Return on equity stands at -22.3%.

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.