Is OneConstruction Group Ltd (ONEG) Halal?
Shariah Screening — 5 Standards
Based on financial data from March 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 82.4% / 30% | 2.5% / 30% | 163.5% / 30% | 0.01% / 5% | ✗ NOT HALAL |
| DJIM | 82.4% / 33% | 2.5% / 33% | 163.5% / 33% | 0.01% / 5% | ✗ NOT HALAL |
| MSCI | 48.7% / 33% | 1.5% / 33% | 96.5% / 33% | 0.01% / 5% | ✗ NOT HALAL |
| S&P | 82.4% / 33% | 2.5% / 33% | 163.5% / 33% | 0.01% / 5% | ✗ NOT HALAL |
| FTSE | 48.7% / 33% | 1.5% / 33% | 96.5% / 50% | 0.01% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 7.3% | |
| Operating Margin | 0.7% | |
| Net Margin | -0.9% | |
| Return on Equity (ROE) | -4.9% | |
| Return on Assets (ROA) | 0.6% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$5M |
| Free Cash Flow | -$5M |
| Total Debt | $24M |
| Debt-to-Equity | 194.9 |
| Current Ratio | 3.4 |
| Total Assets | $50M |
Price & Trading
| Last Close | $2.14 |
| 50-Day MA | $2.63 |
| 200-Day MA | $6.02 |
| Avg Volume | 270K |
|
52-Week Range
$0.96
| |
About OneConstruction Group Ltd (ONEG)
OneConstruction Group Limited, together with its subsidiaries, provides structural steelwork for construction projects in Hong Kong. The company engages in the installation and formation of steel structures; and provides workforce services. It serves public and private sector projects, including infrastructure, and public facilities and residential developments, as well as private commercial, residential, and industrial developments. The company was founded in 2021 and is headquartered in Kowloon, Hong Kong. OneConstruction Group Limited operates as a subsidiary of Rich Plenty Limited.
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Frequently Asked Questions
Is OneConstruction Group Ltd (ONEG) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), OneConstruction Group 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 OneConstruction Group Ltd's debt ratio?
OneConstruction Group Ltd's debt ratio is 82.4% 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 48.7%.
What are OneConstruction Group Ltd's key financial metrics?
OneConstruction Group Ltd has a market capitalization of $35M, and revenue of $53M. The company maintains a gross margin of 7.3% and a net margin of -0.9%. Return on equity stands at -4.9%.
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.