Is Meiwu Technology Co Ltd (WNW) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 1.4% / 30% | 47.9% / 30% | 0.0% / 30% | 4283.77% / 5% | ✗ NOT HALAL |
| DJIM | 1.4% / 33% | 47.9% / 33% | 0.0% / 33% | 4283.77% / 5% | ✗ NOT HALAL |
| MSCI | 2.1% / 33% | 71.2% / 33% | 0.0% / 33% | 4283.77% / 5% | ✗ NOT HALAL |
| S&P | 1.4% / 33% | 47.9% / 33% | 0.0% / 33% | 4283.77% / 5% | ✗ NOT HALAL |
| FTSE | 2.1% / 33% | 71.2% / 33% | 0.0% / 50% | 4283.77% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 13.4% | |
| Operating Margin | -55.6% | |
| Net Margin | 160.4% | |
| Return on Equity (ROE) | 12.2% | |
| Return on Assets (ROA) | -4.2% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$14M |
| Free Cash Flow | -$14M |
| Total Debt | $1M |
| Debt-to-Equity | 0.3 |
| Current Ratio | 28.0 |
| Total Assets | $61M |
Price & Trading
| Last Close | $0.09 |
| 50-Day MA | $1.32 |
| 200-Day MA | $1.64 |
| Avg Volume | 16.4M |
| Beta | 0.8 |
|
52-Week Range
$0.08
| |
About Meiwu Technology Co Ltd (WNW)
Meiwu Technology Company Limited, through its subsidiaries, engages in online and mobile commerce business in the People's Republic of China. It operates in three segments: Clean Food platform, Skincare Products & Service, and Technical Service. The company sells skin care products, including essence, serum, collagen, and prebiotics solid beverage; provides skin care training services; and operates an electronic online platform designed to provide primarily Clean Food to customers. It also provides communication platform-as-a-service (CPaaS), that allows customers to send text messages using its cloud-based platform; and technical and maintenance services. In addition, the company offers grains, oil, and spices; fresh fruits and vegetables; meat, poultry, and eggs; dried seafood; beverages, alcohol, and tea; groceries; and other food. It sells its products through its website and offline sale. The company was formerly known as Wunong Net Technology Company Limited and changed its name to Meiwu Technology Company Limited in August 2021. Meiwu Technology Company Limited was founded in 2015 and is headquartered in Xiamen, the People's Republic of China.
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Frequently Asked Questions
Is Meiwu Technology Co Ltd (WNW) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Meiwu Technology 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 Meiwu Technology Co Ltd's debt ratio?
Meiwu Technology Co Ltd's debt ratio is 1.4% 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 2.1%.
What are Meiwu Technology Co Ltd's key financial metrics?
Meiwu Technology Co Ltd has a market capitalization of $5M, trailing P/E ratio of 0.0, and revenue of $158,485. The company maintains a gross margin of 13.4% and a net margin of 160.4%. Return on equity stands at 12.2%.
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.