Is Lakeside Holding Ltd (LSH) Halal?
Shariah Screening — 5 Standards
Based on financial data from June 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 21.6% / 30% | 0.6% / 30% | 15.9% / 30% | N/A | ✓ HALAL |
| DJIM | 21.6% / 33% | 0.6% / 33% | 15.9% / 33% | N/A | ✓ HALAL |
| MSCI | 50.4% / 33% | 1.3% / 33% | 37.2% / 33% | N/A | ✗ NOT HALAL |
| S&P | 21.6% / 33% | 0.6% / 33% | 15.9% / 33% | N/A | ✓ HALAL |
| FTSE | 50.4% / 33% | 1.3% / 33% | 37.2% / 50% | N/A | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 21.6% | |
| Operating Margin | -21.3% | |
| Net Margin | -21.1% | |
| Return on Equity (ROE) | -71.0% | |
| Return on Assets (ROA) | -16.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$53,640 |
| Free Cash Flow | -$53,640 |
| Total Debt | $5M |
| Debt-to-Equity | 48.0 |
| Current Ratio | 2.0 |
| Total Assets | $9M |
Price & Trading
| Last Close | $0.76 |
| 50-Day MA | $0.79 |
| 200-Day MA | $0.95 |
| Avg Volume | 50K |
|
52-Week Range
$0.52
| |
About Lakeside Holding Ltd (LSH)
Lakeside Holding Limited, through its subsidiaries, provides cross-border supply chain solutions in the United States, China, and South Korea. It provides cross-border ocean freight solutions and cross-border airfreight solutions, including cross-border freight consolidation and forwarding, customs clearance, container unloading, warehousing and distribution, unpacking and packing, and ground transportation. The company serves logistics service companies serving e-commerce platforms, social commerce platforms, and manufacturers to sell and transport consumer and industrial goods. Lakeside Holding Limited was founded in 2018 and is headquartered in Itasca, Illinois.
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Frequently Asked Questions
Is Lakeside Holding Ltd (LSH) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Lakeside Holding 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 Lakeside Holding Ltd's debt ratio?
Lakeside Holding Ltd's debt ratio is 21.6% 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 50.4%.
What are Lakeside Holding Ltd's key financial metrics?
Lakeside Holding Ltd has a market capitalization of $25M. The company maintains a gross margin of 21.6% and a net margin of -21.1%. Return on equity stands at -71.0%.
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.