Is Mingteng International Corp Inc. (MTEN) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 72.1% / 30% | 105.4% / 30% | 261.2% / 30% | 0.01% / 5% | ✗ NOT HALAL |
| DJIM | 72.1% / 33% | 105.4% / 33% | 261.2% / 33% | 0.01% / 5% | ✗ NOT HALAL |
| MSCI | 10.2% / 33% | 14.9% / 33% | 36.9% / 33% | 0.01% / 5% | ✗ NOT HALAL |
| S&P | 72.1% / 33% | 105.4% / 33% | 261.2% / 33% | 0.01% / 5% | ✗ NOT HALAL |
| FTSE | 10.2% / 33% | 14.9% / 33% | 36.9% / 50% | 0.01% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 26.9% | |
| Operating Margin | 0.0% | |
| Net Margin | -63.1% | |
| Return on Equity (ROE) | -81.5% | |
| Return on Assets (ROA) | -22.7% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $294,973 |
| Free Cash Flow | -$688,643 |
| Total Debt | $1M |
| Debt-to-Equity | 22.6 |
| Current Ratio | 1.7 |
| Total Assets | $14M |
Price & Trading
| Last Close | $1.31 |
| 50-Day MA | $2.16 |
| 200-Day MA | $1,156.51 |
| Avg Volume | 465K |
|
52-Week Range
$1.20
| |
About Mingteng International Corp Inc. (MTEN)
Mingteng International Corporation Inc. engages in the design, development, production, assembly, testing, repair, and after-sale service of automotive molds in the People's Republic of China. It offers casting molds for turbocharger systems, braking systems, steering and differential systems, and other automotive system parts, as well as brake caliper molds, steering knuckle molds, and hydraulic part molds. The company also produces molds for new energy electric vehicle motor drive systems, battery pack systems, engineering hydraulic components, and aluminum alloy product mold products for use in automobile, construction machinery, and other manufacturing industries. Mingteng International Corporation Inc. was incorporated in 2021 and is based in Wuxi, China.
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Frequently Asked Questions
Is Mingteng International Corp Inc. (MTEN) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Mingteng International Corp 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 Mingteng International Corp Inc.'s debt ratio?
Mingteng International Corp Inc.'s debt ratio is 72.1% 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 10.2%.
What are Mingteng International Corp Inc.'s key financial metrics?
Mingteng International Corp Inc. has a market capitalization of $2M, and revenue of $10M. The company maintains a gross margin of 26.9% and a net margin of -63.1%. Return on equity stands at -81.5%.
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.