Is JX Luxventure Group Inc. (JXG) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 21.8% / 30% | 15.6% / 30% | 1.4% / 30% | 0.0% / 5% | ✓ HALAL |
| DJIM | 21.8% / 33% | 15.6% / 33% | 1.4% / 33% | 0.0% / 5% | ✓ HALAL |
| MSCI | 5.6% / 33% | 4.0% / 33% | 0.4% / 33% | 0.0% / 5% | ✓ HALAL |
| S&P | 21.8% / 33% | 15.6% / 33% | 1.4% / 33% | 0.0% / 5% | ✓ HALAL |
| FTSE | 5.6% / 33% | 4.0% / 33% | 0.4% / 50% | 0.0% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 18.1% | |
| Operating Margin | 6.9% | |
| Net Margin | 4.0% | |
| Return on Equity (ROE) | 9.1% | |
| Return on Assets (ROA) | 6.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $8M |
| Free Cash Flow | -$5M |
| Total Debt | $2M |
| Debt-to-Equity | 11.9 |
| Current Ratio | 2.1 |
| Total Assets | $30M |
Price & Trading
| Last Close | $3.78 |
| 50-Day MA | $3.98 |
| 200-Day MA | $11.25 |
| Avg Volume | 15K |
| Beta | 1.0 |
|
52-Week Range
$3.01
| |
About JX Luxventure Group Inc. (JXG)
JX Luxventure Group Inc. engages in the provision of tourism services and supplying related products in the People's Republic of China. It operates through three segments: Technology, Tourism Service, and Cross-Border E-Commerce. The company offers airline tickets and tourism services, such as travel packages, partnerships, technology, procurement of luxury assets, package design and curation, and supply and distribution; and software solution for tourism cross-border operations management. It also provides tourism cross-border merchandise to business clients that operate online and offline platforms comprising health care products, personal care products, cosmetics, maternal and child products, pet-related products, universal cuisine and household products, and pre-owned electric cars. The company was formerly known as JX Luxventure Limited and changed its name to JX Luxventure Group Inc. in December 2024. JX Luxventure Group Inc. is based in Haikou, the People's Republic of China.
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Frequently Asked Questions
Is JX Luxventure Group Inc. (JXG) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), JX Luxventure Group Inc. 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 JX Luxventure Group Inc.'s debt ratio?
JX Luxventure Group Inc.'s debt ratio is 21.8% 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 5.6%.
What are JX Luxventure Group Inc.'s key financial metrics?
JX Luxventure Group Inc. has a market capitalization of $17M, and revenue of $50M. The company maintains a gross margin of 18.1% and a net margin of 4.0%. Return on equity stands at 9.1%.
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.