Is XCHG Ltd (XCH) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 12.2% / 30% | 31.4% / 30% | 16.8% / 30% | 0.37% / 5% | ✗ NOT HALAL |
| DJIM | 12.2% / 33% | 31.4% / 33% | 16.8% / 33% | 0.37% / 5% | ✓ HALAL |
| MSCI | 18.2% / 33% | 46.9% / 33% | 25.1% / 33% | 0.37% / 5% | ✗ NOT HALAL |
| S&P | 12.2% / 33% | 31.4% / 33% | 16.8% / 33% | 0.37% / 5% | ✓ HALAL |
| FTSE | 18.2% / 33% | 46.9% / 33% | 25.1% / 50% | 0.37% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 51.5% | |
| Operating Margin | -59.7% | |
| Net Margin | -55.2% | |
| Return on Equity (ROE) | -85.7% | |
| Return on Assets (ROA) | -26.6% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$7M |
| Free Cash Flow | -$8M |
| Total Debt | $10M |
| Debt-to-Equity | 34.3 |
| Current Ratio | 2.1 |
| Total Assets | $57M |
Price & Trading
| Last Close | $1.15 |
| 50-Day MA | $1.16 |
| 200-Day MA | $1.26 |
| Avg Volume | 40K |
|
52-Week Range
$0.55
| |
About XCHG Ltd (XCH)
XCHG Limited, together with its subsidiaries, engages in designing, manufacturing, and selling of electric vehicle (EV) chargers under the X-Charge brand name in Europe, the People's Republic of China, the United States, and internationally. The company offers direct current (DC) fast chargers under the C6 series and C7 series; and battery-integrated DC fast chargers under the Net Zero series and GridLink, as well as software system upgrades and hardware maintenance services. It serves EV manufacturers, energy players, and charge point operators. XCHG Limited was founded in 2015 and is headquartered in Hamburg, Germany.
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Frequently Asked Questions
Is XCHG Ltd (XCH) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), XCHG 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 XCHG Ltd's debt ratio?
XCHG Ltd's debt ratio is 12.2% 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 18.2%.
What are XCHG Ltd's key financial metrics?
XCHG Ltd has a market capitalization of $73M, and revenue of $42M. The company maintains a gross margin of 51.5% and a net margin of -55.2%. Return on equity stands at -85.7%.
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.