Is Happy City Holdings Ltd (HCHL) Halal?

NASDAQ Consumer Cyclical Hong Kong $44M
✓ HALAL
Confidence: 95/100
Happy City Holdings Ltd (HCHL) is Halal under 3 of 5 Shariah screening standards, including AAOIFI Standard 21. With a debt ratio of just 22.4% against the AAOIFI threshold of 30%, Happy City Holdings Ltd comfortably passes the key financial ratio tests. The company operates in the Consumer Cyclical sector (Restaurants), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from August 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 22.4%
/ 30%
18.1%
/ 30%
0.2%
/ 30%
0.27%
/ 5%
✓ HALAL
DJIM 22.4%
/ 33%
18.1%
/ 33%
0.2%
/ 33%
0.27%
/ 5%
✓ HALAL
MSCI 56.8%
/ 33%
46.0%
/ 33%
0.6%
/ 33%
0.27%
/ 5%
✗ NOT HALAL
S&P 22.4%
/ 33%
18.1%
/ 33%
0.2%
/ 33%
0.27%
/ 5%
✓ HALAL
FTSE 56.8%
/ 33%
46.0%
/ 33%
0.6%
/ 50%
0.27%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-0.13
P/B Ratio
13.0
EV/EBITDA
-17.7
EV: $30M
Revenue
$7M
Growth: -45.7%
Current Ratio
0.8

Profitability

Gross Margin 12.6%
Operating Margin -101.6%
Net Margin -35.7%
Return on Equity (ROE) -173.0%
Return on Assets (ROA) -19.0%

Cash Flow & Balance Sheet

Operating Cash Flow-$1M
Free Cash Flow-$2M
Total Debt$5M
Debt-to-Equity208.1
Current Ratio0.8
Total Assets$8M

Price & Trading

Last Close$1.49
50-Day MA$1.57
200-Day MA$3.16
Avg Volume770K
52-Week Range
$0.80
$7.25

About Happy City Holdings Ltd (HCHL)

CEO
Ms. Suk Yee Kwan
Employees
33
Sector
Consumer Cyclical
Industry
Restaurants
Country
Hong Kong
Exchange
NASDAQ
Market Cap
$44M
Currency
USD

Happy City Holdings Limited, through its subsidiaries, engages in the operation of hotpot restaurants providing food and beverage to customers in Hong Kong. It operates Thai and Japanese hotpot restaurants under the Thai Pot and Gyu! Gyu! Shabu Shabu brand names. The company was incorporated in 2024 and is headquartered in Kwai Chung, Hong Kong. Happy City Holdings Limited is a subsidiary of Happy City Group Limited.

Purification Calculator

As a halal stock with 0.27% impermissible income, you need to purify your dividends.

Enter your dividends to calculate purification amount

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Frequently Asked Questions

Is Happy City Holdings Ltd (HCHL) halal to invest in?

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

Happy City Holdings Ltd's debt ratio is 22.4% 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 56.8%.

Does Happy City Holdings Ltd require dividend purification?

Yes, Happy City Holdings Ltd has an impermissible income ratio of 0.27%, which means 0.27% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.

What are Happy City Holdings Ltd's key financial metrics?

Happy City Holdings Ltd has a market capitalization of $44M, and revenue of $7M. The company maintains a gross margin of 12.6% and a net margin of -35.7%. Return on equity stands at -173.0%.

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.