Is Skycorp Solar Group Ltd (PN) Halal?
Shariah Screening — 5 Standards
Based on financial data from September 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 41.1% / 30% | 66.0% / 30% | 100.3% / 30% | 0.1% / 5% | ✗ NOT HALAL |
| DJIM | 41.1% / 33% | 66.0% / 33% | 100.3% / 33% | 0.1% / 5% | ✗ NOT HALAL |
| MSCI | 12.8% / 33% | 20.5% / 33% | 31.2% / 33% | 0.1% / 5% | ✓ HALAL |
| S&P | 41.1% / 33% | 66.0% / 33% | 100.3% / 33% | 0.1% / 5% | ✗ NOT HALAL |
| FTSE | 12.8% / 33% | 20.5% / 33% | 31.2% / 50% | 0.1% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 10.0% | |
| Operating Margin | -7.8% | |
| Net Margin | -4.3% | |
| Return on Equity (ROE) | -10.7% | |
| Return on Assets (ROA) | -4.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $3M |
| Free Cash Flow | $2M |
| Total Debt | $6M |
| Debt-to-Equity | 16.4 |
| Current Ratio | 1.6 |
| Total Assets | $45M |
Price & Trading
| Last Close | $0.85 |
| 50-Day MA | $0.56 |
| 200-Day MA | $1.17 |
| Avg Volume | 776K |
|
52-Week Range
$0.41
| |
About Skycorp Solar Group Ltd (PN)
Skycorp Solar Group Ltd, through its subsidiaries, designs, develops, manufactures, and sells solar PV products and solar power system solution services in Mainland China, rest of Asia, and internationally. It operates through two segments, Solar PV Products and High Performance Computing Products. The company offers solar cables and connectors; and hybrid energy storage systems, such as hybrid inverters and energy storage batteries. It also provides new and used graphic process unit and high-performance computing (HPC) servers; and HPC server accessories, such as mobile data centers, power supply units, server fans, and control boards. The company serves the solar PV installation and application; and HPC server industries. Skycorp Solar Group Ltd was founded in 2011 and is headquartered in Ningbo, China.
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Frequently Asked Questions
Is Skycorp Solar Group Ltd (PN) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Skycorp Solar 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 Skycorp Solar Group Ltd's debt ratio?
Skycorp Solar Group Ltd's debt ratio is 41.1% 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 12.8%.
What are Skycorp Solar Group Ltd's key financial metrics?
Skycorp Solar Group Ltd has a market capitalization of $27M, and revenue of $63M. The company maintains a gross margin of 10.0% and a net margin of -4.3%. Return on equity stands at -10.7%.
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.