Is Himax Technologies, Inc. (HIMX) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 41.9% / 30% | 17.4% / 30% | 18.4% / 30% | 1.09% / 5% | ✗ NOT HALAL |
| DJIM | 41.9% / 33% | 17.4% / 33% | 18.4% / 33% | 1.09% / 5% | ✗ NOT HALAL |
| MSCI | 33.1% / 33% | 13.7% / 33% | 14.5% / 33% | 1.09% / 5% | ✓ HALAL |
| S&P | 41.9% / 33% | 17.4% / 33% | 18.4% / 33% | 1.09% / 5% | ✗ NOT HALAL |
| FTSE | 33.1% / 33% | 13.7% / 33% | 14.5% / 50% | 1.09% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 30.6% | |
| Operating Margin | 3.4% | |
| Net Margin | 5.3% | |
| Return on Equity (ROE) | 5.0% | |
| Return on Assets (ROA) | 1.6% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $116M |
| Free Cash Flow | $103M |
| Total Debt | $542M |
| Debt-to-Equity | 66.2 |
| Current Ratio | 1.6 |
| Total Assets | $1.6B |
Price & Trading
| Last Close | $8.35 |
| 50-Day MA | $8.19 |
| 200-Day MA | $8.47 |
| Avg Volume | 2.3M |
| Beta | 1.9 |
|
52-Week Range
$5.66
| |
About Himax Technologies, Inc. (HIMX)
Himax Technologies, Inc., a fabless semiconductor company, provides display imaging processing technologies in China, Taiwan, Korea, Japan, the United States, and internationally. The company operates in two segments, Driver IC and Non-Driver Products. It offers display driver integrated circuits (ICs) and timing controllers that are used in televisions, PC monitors, laptops, mobile phones, tablets, automotive, ePaper devices, industrial displays, and other products. The company also provides automotive IC solutions, including traditional driver ICs; advanced in-cell touch and display driver integration; local dimming timing controllers; and large touch and display driver integration. In addition, it offers Power IC, touch controllers IC, OLED ICs, LED drivers, EPD ICs, power management ICs, and complementary metal oxide semiconductor image sensors for display application coverage; and ultralow power WiseEye smart image sensing products, as well as wafer level optics, LCoS microdisplays, and 3D sensing solutions. The company markets its display drivers to panel manufacturers, mobile device module manufacturers, and manufacturers of end-use products. Himax Technologies, Inc. was incorporated in 2001 and is headquartered in Tainan City, Taiwan.
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Frequently Asked Questions
Is Himax Technologies, Inc. (HIMX) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Himax Technologies, 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 Himax Technologies, Inc.'s debt ratio?
Himax Technologies, Inc.'s debt ratio is 41.9% 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 33.1%.
What are Himax Technologies, Inc.'s key financial metrics?
Himax Technologies, Inc. has a market capitalization of $1.4B, trailing P/E ratio of 31.1, and revenue of $907M. The company maintains a gross margin of 30.6% and a net margin of 5.3%. Return on equity stands at 5.0%.
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.