Is Kaixin Holdings (KXIN) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 289.7% / 30% | 645.9% / 30% | 0.0% / 30% | N/A | ✗ NOT HALAL |
| DJIM | 289.7% / 33% | 645.9% / 33% | 0.0% / 33% | N/A | ✗ NOT HALAL |
| MSCI | 4.3% / 33% | 9.7% / 33% | 0.0% / 33% | N/A | ✓ HALAL |
| S&P | 289.7% / 33% | 645.9% / 33% | 0.0% / 33% | N/A | ✗ NOT HALAL |
| FTSE | 4.3% / 33% | 9.7% / 33% | 0.0% / 50% | N/A | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 100.0% | |
| Operating Margin | -9153.7% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -145.9% | |
| Return on Assets (ROA) | -32.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$3M |
| Free Cash Flow | -$3M |
| Total Debt | $1M |
| Debt-to-Equity | 1.4 |
| Current Ratio | 0.1 |
| Total Assets | $25M |
Price & Trading
| Last Close | $5.90 |
| 50-Day MA | $42.45 |
| 200-Day MA | $236.50 |
| Avg Volume | 97K |
| Beta | 1.2 |
|
52-Week Range
$4.10
| |
About Kaixin Holdings (KXIN)
Kaixin Holdings, an investment holding company, primarily sells domestic and imported automobiles in the People's Republic of China and Hong Kong. It also sells new and used vehicles through a network of dealerships with a focus on automobile brands, such as Audi, BMW, Mercedes-Benz, Land Rover, Bentley, Rolls-Royce, and Porsche, as well as through online sales channels, including the Kaixin app and web interfaces. The company is headquartered in Beijing, the People's Republic of China.
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Frequently Asked Questions
Is Kaixin Holdings (KXIN) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Kaixin Holdings 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 Kaixin Holdings's debt ratio?
Kaixin Holdings's debt ratio is 289.7% 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 4.3%.
What are Kaixin Holdings's key financial metrics?
Kaixin Holdings has a market capitalization of $9M. Return on equity stands at -145.9%.
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.