Is Neo-Concept International Group Holdings Ltd (NCI) Halal?

NASDAQ Consumer Cyclical Hong Kong $109M
✗ NOT HALAL
Confidence: 90/100
Neo-Concept International Group Holdings Ltd (NCI) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 34.8% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. Neo-Concept International Group Holdings Ltd operates in the Consumer Cyclical sector.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 34.8%
/ 30%
4.6%
/ 30%
17.6%
/ 30%
0.01%
/ 5%
✗ NOT HALAL
DJIM 34.8%
/ 33%
4.6%
/ 33%
17.6%
/ 33%
0.01%
/ 5%
✗ NOT HALAL
MSCI 51.3%
/ 33%
6.8%
/ 33%
25.9%
/ 33%
0.01%
/ 5%
✗ NOT HALAL
S&P 34.8%
/ 33%
4.6%
/ 33%
17.6%
/ 33%
0.01%
/ 5%
✗ NOT HALAL
FTSE 51.3%
/ 33%
6.8%
/ 33%
25.9%
/ 50%
0.01%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
20.6
EPS
$0.28
P/B Ratio
3.2
EV/EBITDA
5.2
EV: $90M
Revenue
$236M
Growth: -24.0%
Current Ratio
1.8

Profitability

Gross Margin 27.2%
Operating Margin 3.8%
Net Margin 4.0%
Return on Equity (ROE) 16.1%
Return on Assets (ROA) 6.2%

Cash Flow & Balance Sheet

Operating Cash Flow$428,243
Free Cash Flow-$19M
Total Debt$70M
Debt-to-Equity118.1
Current Ratio1.8
Total Assets$136M

Price & Trading

Last Close$5.96
50-Day MA$4.51
200-Day MA$2.41
Avg Volume2.9M
52-Week Range
$0.72
$13.81

About Neo-Concept International Group Holdings Ltd (NCI)

CEO
Ms. Yuk Yin Siu
Sector
Consumer Cyclical
Industry
Apparel Manufacturing
Country
Hong Kong
Exchange
NASDAQ
Market Cap
$109M
Currency
USD

Neo-Concept International Group Holdings Limited provides one-stop apparel solutions in the United States, Canada, the United Kingdom, and internationally. The company offers a suite of services in the apparel supply chain, which includes market trend analysis, product design and development, raw material sourcing, production and quality control, and logistics management. It sells knitwear and apparel products under the les 100 ciels brand through digital and physical retail stores, as well as third-party online platforms. The company serves brand owners, apparel sourcing agents, and online fashion retailers. Neo-Concept International Group Holdings Limited was incorporated in 2021 and is based in Kwun Tong, Hong Kong. Neo-Concept International Group Holdings Limited operates as a subsidiary of Neo-Concept (BVI) Limited.

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Frequently Asked Questions

Is Neo-Concept International Group Holdings Ltd (NCI) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Neo-Concept International Group Holdings Ltd 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 Neo-Concept International Group Holdings Ltd's debt ratio?

Neo-Concept International Group Holdings Ltd's debt ratio is 34.8% 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 51.3%.

What are Neo-Concept International Group Holdings Ltd's key financial metrics?

Neo-Concept International Group Holdings Ltd has a market capitalization of $109M, trailing P/E ratio of 20.6, and revenue of $236M. The company maintains a gross margin of 27.2% and a net margin of 4.0%. Return on equity stands at 16.1%.

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.