Is JE Cleantech Holdings Ltd (JCSE) Halal?

NASDAQ Industrials Singapore $5M
✗ NOT HALAL
Confidence: 90/100
JE Cleantech Holdings Ltd (JCSE) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 175.7% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. JE Cleantech 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 175.7%
/ 30%
100.1%
/ 30%
78.3%
/ 30%
1.01%
/ 5%
✗ NOT HALAL
DJIM 175.7%
/ 33%
100.1%
/ 33%
78.3%
/ 33%
1.01%
/ 5%
✗ NOT HALAL
MSCI 28.7%
/ 33%
16.4%
/ 33%
12.8%
/ 33%
1.01%
/ 5%
✓ HALAL
S&P 175.7%
/ 33%
100.1%
/ 33%
78.3%
/ 33%
1.01%
/ 5%
✗ NOT HALAL
FTSE 28.7%
/ 33%
16.4%
/ 33%
12.8%
/ 50%
1.01%
/ 5%
✓ HALAL

Financial Highlights

EPS
$-0.22
Dividend Yield
4400.0%
P/B Ratio
0.4
EV/EBITDA
-38.3
EV: $9M
Revenue
$19M
Growth: -39.5%
Beta
0.2
Low volatility
Current Ratio
2.6

Profitability

Gross Margin 26.5%
Operating Margin -6.5%
Net Margin -9.3%
Return on Equity (ROE) -8.5%
Return on Assets (ROA) -1.9%

Cash Flow & Balance Sheet

Operating Cash Flow$2M
Free Cash Flow$800,000
Total Debt$10M
Debt-to-Equity59.0
Current Ratio2.6
Total Assets$35M

Price & Trading

Last Close$0.99
50-Day MA$1.13
200-Day MA$1.18
Avg Volume1.0M
Beta0.2
52-Week Range
$0.77
$2.50

About JE Cleantech Holdings Ltd (JCSE)

CEO
Ms. Bee Yin Hong
Employees
95
Sector
Industrials
Industry
Specialty Industrial Machinery
Country
Singapore
Exchange
NASDAQ
Market Cap
$5M
Currency
USD

JE Cleantech Holdings Limited, an investment holding company, designs, develops, manufactures, and sells cleaning systems for various industrial end-use applications in Singapore, Malaysia, and internationally. The company provides various cleaning systems and other equipment, including aqueous washing systems, plating and cleaning systems, train cleaning systems, and filtration units, as well as equipment parts and components. It also offers centralized dishwashing services for food and beverage establishments, such as food courts, hawker centers, restaurants, cookhouses, eldercare homes, and inflight catering service provider, as well as general cleaning services for food courts and hawker centers. In addition, the company leases dishware washing equipment. JE Cleantech Holdings Limited was founded in 1999 and is headquartered in Singapore. JE Cleantech Holdings Limited is a subsidiary of JE Cleantech Global Limited.

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Frequently Asked Questions

Is JE Cleantech Holdings Ltd (JCSE) halal to invest in?

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

JE Cleantech Holdings Ltd's debt ratio is 175.7% 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 28.7%.

What are JE Cleantech Holdings Ltd's key financial metrics?

JE Cleantech Holdings Ltd has a market capitalization of $5M, and revenue of $19M. The company maintains a gross margin of 26.5% and a net margin of -9.3%. Return on equity stands at -8.5%.

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.