Is MicroAlgo Inc. (MLGO) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 51.0% / 30% | 364.9% / 30% | 8.0% / 30% | 4.96% / 5% | ✗ NOT HALAL |
| DJIM | 51.0% / 33% | 364.9% / 33% | 8.0% / 33% | 4.96% / 5% | ✗ NOT HALAL |
| MSCI | 13.1% / 33% | 93.6% / 33% | 2.0% / 33% | 4.96% / 5% | ✗ NOT HALAL |
| S&P | 51.0% / 33% | 364.9% / 33% | 8.0% / 33% | 4.96% / 5% | ✗ NOT HALAL |
| FTSE | 13.1% / 33% | 93.6% / 33% | 2.0% / 50% | 4.96% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 26.8% | |
| Operating Margin | 4.2% | |
| Net Margin | 11.1% | |
| Return on Equity (ROE) | 4.4% | |
| Return on Assets (ROA) | 1.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $4M |
| Free Cash Flow | $4M |
| Total Debt | $23M |
| Debt-to-Equity | 1.4 |
| Current Ratio | 33.1 |
| Total Assets | $176M |
Price & Trading
| Last Close | $3.34 |
| 50-Day MA | $4.13 |
| 200-Day MA | $8.99 |
| Avg Volume | 158K |
| Beta | -1.4 |
|
52-Week Range
$3.12
| |
About MicroAlgo Inc. (MLGO)
MicroAlgo Inc., together with its subsidiaries, develops and applies central processing algorithm solutions to customers in internet advertisement, gaming, and intelligent chip industries in the People's Republic of China, Hong Kong, and internationally. The company operates through Central Processing Algorithm Services, and Intelligent Chips and Services segments. It offers services that include algorithm optimization, accelerating computing power without the need for hardware upgrades, data processing, and data intelligence services. The company also provides advertising display, mobile game publishing and licensing, software development, and comprehensive services for enterprise customers, as well as intelligent chips solutions for the semiconductor sector. In addition, it engages in the resale of intelligent chips and accessories. MicroAlgo Inc. is headquartered in Shenzhen, the People's Republic of China. MicroAlgo Inc. operates as a subsidiary of WiMi Hologram Cloud Inc.
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Frequently Asked Questions
Is MicroAlgo Inc. (MLGO) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), MicroAlgo 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 MicroAlgo Inc.'s debt ratio?
MicroAlgo Inc.'s debt ratio is 51.0% 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 13.1%.
What are MicroAlgo Inc.'s key financial metrics?
MicroAlgo Inc. has a market capitalization of $39M, and revenue of $75M. The company maintains a gross margin of 26.8% and a net margin of 11.1%. Return on equity stands at 4.4%.
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.