Is Ping An Biomedical Co., Ltd. (PASW) Halal?
Shariah Screening — 5 Standards
Based on financial data from September 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 57.0% / 30% | 6.4% / 30% | 93.9% / 30% | 0.96% / 5% | ✗ NOT HALAL |
| DJIM | 57.0% / 33% | 6.4% / 33% | 93.9% / 33% | 0.96% / 5% | ✗ NOT HALAL |
| MSCI | 15.3% / 33% | 1.7% / 33% | 25.2% / 33% | 0.96% / 5% | ✓ HALAL |
| S&P | 57.0% / 33% | 6.4% / 33% | 93.9% / 33% | 0.96% / 5% | ✗ NOT HALAL |
| FTSE | 15.3% / 33% | 1.7% / 33% | 25.2% / 50% | 0.96% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 2.8% | |
| Operating Margin | -69.6% | |
| Net Margin | -37.6% | |
| Return on Equity (ROE) | -67.4% | |
| Return on Assets (ROA) | -14.7% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$6M |
| Free Cash Flow | -$6M |
| Total Debt | $10M |
| Debt-to-Equity | 23.1 |
| Current Ratio | 2.8 |
| Total Assets | $68M |
Price & Trading
| Last Close | $0.14 |
| 50-Day MA | $0.18 |
| 200-Day MA | $0.75 |
| Avg Volume | 3.9M |
|
52-Week Range
$0.13
| |
About Ping An Biomedical Co., Ltd. (PASW)
Ping An Biomedical Co., Ltd., through its subsidiaries, provides supply chain management services in the apparel industry in China, Hong Kong, Cambodia, and Europe. The company offers market trend analysis, product design and development, raw material sourcing, production and quality control, and logistics management. It also engages in the manufacturing and trading of yarns, textiles, and finished garments; real estate property investment; and warehousing services. The company serves brand owners, textile manufacturers, apparel sourcing agents, and online fashion and garment retailers. It was formerly known as Majestic Ideal Holdings Ltd. and changed its name to Ping An Biomedical Co., Ltd. in September 2025. The company was founded in 2013 and is based in Cheung Sha Wan, Hong Kong. Ping An Biomedical Co., Ltd. operates as a subsidiary of Action Holdings Limited.
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Frequently Asked Questions
Is Ping An Biomedical Co., Ltd. (PASW) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Ping An Biomedical Co., 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 Ping An Biomedical Co., Ltd.'s debt ratio?
Ping An Biomedical Co., Ltd.'s debt ratio is 57.0% 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 15.3%.
What are Ping An Biomedical Co., Ltd.'s key financial metrics?
Ping An Biomedical Co., Ltd. has a market capitalization of $17M, and revenue of $34M. The company maintains a gross margin of 2.8% and a net margin of -37.6%. Return on equity stands at -67.4%.
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.