Is WiMi Hologram Cloud Inc. (WIMI) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 629.8% / 30% | 8151.6% / 30% | 176.5% / 30% | 30.25% / 5% | ✗ NOT HALAL |
| DJIM | 629.8% / 33% | 8151.6% / 33% | 176.5% / 33% | 30.25% / 5% | ✗ NOT HALAL |
| MSCI | 6.9% / 33% | 89.1% / 33% | 1.9% / 33% | 30.25% / 5% | ✗ NOT HALAL |
| S&P | 629.8% / 33% | 8151.6% / 33% | 176.5% / 33% | 30.25% / 5% | ✗ NOT HALAL |
| FTSE | 6.9% / 33% | 89.1% / 33% | 1.9% / 50% | 30.25% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 27.0% | |
| Operating Margin | -9.8% | |
| Net Margin | 38.8% | |
| Return on Equity (ROE) | 13.2% | |
| Return on Assets (ROA) | -0.2% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $533M |
| Free Cash Flow | $533M |
| Total Debt | $148M |
| Debt-to-Equity | 12.1 |
| Current Ratio | 3.5 |
| Total Assets | $2.2B |
Price & Trading
| Last Close | $1.66 |
| 50-Day MA | $2.02 |
| 200-Day MA | $3.13 |
| Avg Volume | 87K |
|
52-Week Range
$1.56
| |
About WiMi Hologram Cloud Inc. (WIMI)
WiMi Hologram Cloud Inc., together with its subsidiaries, provides augmented reality (AR) based holographic services and products in China. It operates in three segments: AR Advertising, AR Entertainment, and Semiconductor business. The company offers holographic AR advertising services and holographic AR entertainment products. Its holographic AR advertising software enables users to insert into video footages real or animated three-dimensional objects; and online holographic AR advertising solution embeds holographic AR ads into films and shows. The company's holographic AR entertainment products consist primarily of payment middleware software, game distribution platform, and holographic mixed reality software. In addition, it engages in the provision of central processing algorithm services, and provides computer chip products to enterprise customers, as well as sells comprehensive solutions for central processing algorithms and related services with software and hardware integration. Further, the company's holographic AR technologies are used in software engineering, content production, cloud, big data, and artificial intelligence. Additionally, it provides hardware performance optimization and software algorithm optimization services to online game developers and game distributors. The company serves a range of industries, including manufacturing, real estate, entertainment, technology, media and telecommunications, travel, education, and retail. The company was founded in 2015 and is headquartered in Beijing, the People's Republic of China.
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Frequently Asked Questions
Is WiMi Hologram Cloud Inc. (WIMI) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), WiMi Hologram Cloud Inc. 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 WiMi Hologram Cloud Inc.'s debt ratio?
WiMi Hologram Cloud Inc.'s debt ratio is 629.8% 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 6.9%.
What are WiMi Hologram Cloud Inc.'s key financial metrics?
WiMi Hologram Cloud Inc. has a market capitalization of $21M, trailing P/E ratio of 1.0, and revenue of $542M. The company maintains a gross margin of 27.0% and a net margin of 38.8%. Return on equity stands at 13.2%.
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.