Is EShallGo Inc. (EHGO) Halal?

NASDAQ Industrials China $6M
✗ NOT HALAL
Confidence: 90/100
EShallGo Inc. (EHGO) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 51.0% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. EShallGo Inc. operates in the Industrials sector.

Shariah Screening — 5 Standards

Based on financial data from March 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 51.0%
/ 30%
177.0%
/ 30%
145.0%
/ 30%
3.5%
/ 5%
✗ NOT HALAL
DJIM 51.0%
/ 33%
177.0%
/ 33%
145.0%
/ 33%
3.5%
/ 5%
✗ NOT HALAL
MSCI 12.3%
/ 33%
42.9%
/ 33%
35.1%
/ 33%
3.5%
/ 5%
✗ NOT HALAL
S&P 51.0%
/ 33%
177.0%
/ 33%
145.0%
/ 33%
3.5%
/ 5%
✗ NOT HALAL
FTSE 12.3%
/ 33%
42.9%
/ 33%
35.1%
/ 50%
3.5%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-0.60
P/B Ratio
0.5
EV/EBITDA
-0.5
EV: $8M
Revenue
$13M
Growth: 16.1%
Current Ratio
3.5

Profitability

Gross Margin 19.7%
Operating Margin -101.3%
Net Margin -102.7%
Return on Equity (ROE) -83.8%
Return on Assets (ROA) -40.0%

Cash Flow & Balance Sheet

Operating Cash Flow-$1M
Free Cash Flow-$1M
Total Debt$3M
Debt-to-Equity14.5
Current Ratio3.5
Total Assets$25M

Price & Trading

Last Close$0.18
50-Day MA$0.21
200-Day MA$0.48
Avg Volume198K
52-Week Range
$0.16
$1.34

About EShallGo Inc. (EHGO)

CEO
Mr. Qiwei Miao
Employees
147
Sector
Industrials
Industry
Business Equipment & Supplies
Country
China
Exchange
NASDAQ
Market Cap
$6M
Currency
USD

Eshallgo Inc. engages in the sale, leasing, and maintenance of office equipment, such as printers and copiers in the People's Republic of China. It sells office furniture, IT products, water dispensers, printing papers, and other products; and provides maintenance services with enterprise resource planning systems, as well as after-sale maintenance and repair. The company distributes its products under the HP, Epson, Xerox, Sharp, Toshiba, Konica, and Kyocera brand name. It serves private and public sector businesses, as well as large enterprises and institutions. The company was founded in 2015 and is based in Shanghai, China.

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Frequently Asked Questions

Is EShallGo Inc. (EHGO) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), EShallGo 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 EShallGo Inc.'s debt ratio?

EShallGo Inc.'s debt ratio is 51.0% 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 12.3%.

What are EShallGo Inc.'s key financial metrics?

EShallGo Inc. has a market capitalization of $6M, and revenue of $13M. The company maintains a gross margin of 19.7% and a net margin of -102.7%. Return on equity stands at -83.8%.

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.