Is ReTo Eco-Solutions, Inc. (RETO) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 4.2% / 30% | 26.0% / 30% | 6.6% / 30% | 0.06% / 5% | ✓ HALAL |
| DJIM | 4.2% / 33% | 26.0% / 33% | 6.6% / 33% | 0.06% / 5% | ✓ HALAL |
| MSCI | 0.3% / 33% | 2.0% / 33% | 0.5% / 33% | 0.06% / 5% | ✓ HALAL |
| S&P | 4.2% / 33% | 26.0% / 33% | 6.6% / 33% | 0.06% / 5% | ✓ HALAL |
| FTSE | 0.3% / 33% | 2.0% / 33% | 0.5% / 50% | 0.06% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 32.1% | |
| Operating Margin | -133.0% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -38.3% | |
| Return on Assets (ROA) | -8.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $3M |
| Free Cash Flow | -$4M |
| Total Debt | $109,600 |
| Debt-to-Equity | 5.8 |
| Current Ratio | 0.6 |
| Total Assets | $34M |
Price & Trading
| Last Close | $0.82 |
| 50-Day MA | $0.92 |
| 200-Day MA | $5.58 |
| Avg Volume | 695K |
| Beta | 1.5 |
|
52-Week Range
$0.53
| |
About ReTo Eco-Solutions, Inc. (RETO)
ReTo Eco-Solutions, Inc. focuses to design, research and development, manufactures, and sale of ecological environmental protection equipment and intelligent equipment in China and internationally. It engages in the research, development, and production of mining equipment and smart craft beer machines, as well as solid waste treatment solutions and equipment. In addition, it offers technical support and consulting services. ReTo Eco-Solutions, Inc. was incorporated in 2015 and is headquartered in Beijing, the People's Republic of China.
Purification Calculator
As a halal stock with 0.06% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is ReTo Eco-Solutions, Inc. (RETO) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), ReTo Eco-Solutions, Inc. is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is ReTo Eco-Solutions, Inc.'s debt ratio?
ReTo Eco-Solutions, Inc.'s debt ratio is 4.2% 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 0.3%.
Does ReTo Eco-Solutions, Inc. require dividend purification?
Yes, ReTo Eco-Solutions, Inc. has an impermissible income ratio of 0.06%, which means 0.06% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are ReTo Eco-Solutions, Inc.'s key financial metrics?
ReTo Eco-Solutions, Inc. has a market capitalization of $9M, and revenue of $2M. Return on equity stands at -38.3%.
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.