Is Haoxi Health Technology Ltd (HAO) Halal?
Shariah Screening — 5 Standards
Based on financial data from June 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 1.7% / 30% | 9.3% / 30% | 5.0% / 30% | N/A | ✓ HALAL |
| DJIM | 1.7% / 33% | 9.3% / 33% | 5.0% / 33% | N/A | ✓ HALAL |
| MSCI | 7.7% / 33% | 42.9% / 33% | 22.9% / 33% | N/A | ✗ NOT HALAL |
| S&P | 1.7% / 33% | 9.3% / 33% | 5.0% / 33% | N/A | ✓ HALAL |
| FTSE | 7.7% / 33% | 42.9% / 33% | 22.9% / 50% | N/A | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 2.8% | |
| Operating Margin | -21.2% | |
| Net Margin | 11.8% | |
| Return on Equity (ROE) | 27.1% | |
| Return on Assets (ROA) | -6.7% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$747,576 |
| Free Cash Flow | -$802,943 |
| Total Debt | $1M |
| Debt-to-Equity | 11.6 |
| Current Ratio | 5.0 |
| Total Assets | $16M |
Price & Trading
| Last Close | $1.24 |
| 50-Day MA | $1.26 |
| 200-Day MA | $1.20 |
| Avg Volume | 23K |
| Beta | -0.5 |
|
52-Week Range
$0.82
| |
About Haoxi Health Technology Ltd (HAO)
Haoxi Health Technology Limited, through its subsidiaries, provides online marketing solutions in China. It offers online marketing solutions, including online short video marketing solutions to advertisers through its media partners; and customized marketing solutions by planning, producing, placing, and optimizing online ads to help advertisers acquire, convert, and retain consumers on various online media platforms. The company places its ads through mainstream online short video and social media platforms, such as Toutiao, Douyin, WeChat, and Sina Weibo. It serves advertiser client base primarily in the healthcare industry. Haoxi Health Technology Limited was founded in 2018 and is based in Chaoyang, China.
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Frequently Asked Questions
Is Haoxi Health Technology Ltd (HAO) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Haoxi Health Technology Ltd is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Haoxi Health Technology Ltd's debt ratio?
Haoxi Health Technology Ltd's debt ratio is 1.7% 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 7.7%.
What are Haoxi Health Technology Ltd's key financial metrics?
Haoxi Health Technology Ltd has a market capitalization of $66M, trailing P/E ratio of 0.8. The company maintains a gross margin of 2.8% and a net margin of 11.8%. Return on equity stands at 27.1%.
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.