Is TANTECH HOLDINGS LTD (TANH) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 93.2% / 30% | 727.7% / 30% | 1597.4% / 30% | 4.39% / 5% | ✗ NOT HALAL |
| DJIM | 93.2% / 33% | 727.7% / 33% | 1597.4% / 33% | 4.39% / 5% | ✗ NOT HALAL |
| MSCI | 3.2% / 33% | 24.6% / 33% | 54.0% / 33% | 4.39% / 5% | ✗ NOT HALAL |
| S&P | 93.2% / 33% | 727.7% / 33% | 1597.4% / 33% | 4.39% / 5% | ✗ NOT HALAL |
| FTSE | 3.2% / 33% | 24.6% / 33% | 54.0% / 50% | 4.39% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 20.0% | |
| Operating Margin | 15.9% | |
| Net Margin | 11.8% | |
| Return on Equity (ROE) | 3.8% | |
| Return on Assets (ROA) | 1.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $4M |
| Free Cash Flow | $4M |
| Total Debt | $5M |
| Debt-to-Equity | 2.1 |
| Current Ratio | 2.9 |
| Total Assets | $143M |
Price & Trading
| Last Close | $0.75 |
| 50-Day MA | $0.88 |
| 200-Day MA | $1.44 |
| Avg Volume | 108K |
| Beta | 0.7 |
|
52-Week Range
$0.43
| |
About TANTECH HOLDINGS LTD (TANH)
Tantech Holdings Ltd, together with its subsidiaries, develops and manufactures bamboo-based charcoal products for industrial energy applications and household cooking, heating, purification, agricultural, and cleaning uses in the People's Republic of China and internationally. It provides pressed and formed charcoal briquettes for use in grills, incense burners, and other applications under the Algold brand. The company also offers Charcoal Doctor branded products, such as air purifiers and humidifiers, automotive accessories for air purification, underfloor humidity control products, pillows and mattresses, wardrobe deodorizers, mouse pads and wrist mats, refrigerator deodorants, charcoal toilet cleaner disks, liquid charcoal cleaners, shoe insoles, and decorative charcoal gifts. In addition, it provides bamboo vinegar, a liquid byproduct for use in disinfectants, detergents, lotions, specialized soaps, toilet cleaners, and fertilizers, as well as in various agricultural applications comprising fruit, vegetable, and other plant fertilizers; soil conditioners and sweeteners; and flower nutrients. Further, the company is involved in the biodegradable packaging and supply chain businesses, as well as provision of commercial factoring services. The company was founded in 1998 and is headquartered in Lishui, the People's Republic of China.
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Frequently Asked Questions
Is TANTECH HOLDINGS LTD (TANH) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), TANTECH 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 TANTECH HOLDINGS LTD's debt ratio?
TANTECH HOLDINGS LTD's debt ratio is 93.2% 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 3.2%.
What are TANTECH HOLDINGS LTD's key financial metrics?
TANTECH HOLDINGS LTD has a market capitalization of $5M, and revenue of $43M. The company maintains a gross margin of 20.0% and a net margin of 11.8%. Return on equity stands at 3.8%.
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.