Is Xunlei Ltd (XNET) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 8.5% / 30% | 82.5% / 30% | 18.9% / 30% | 1.51% / 5% | ✗ NOT HALAL |
| DJIM | 8.5% / 33% | 82.5% / 33% | 18.9% / 33% | 1.51% / 5% | ✗ NOT HALAL |
| MSCI | 6.3% / 33% | 60.7% / 33% | 13.9% / 33% | 1.51% / 5% | ✗ NOT HALAL |
| S&P | 8.5% / 33% | 82.5% / 33% | 18.9% / 33% | 1.51% / 5% | ✗ NOT HALAL |
| FTSE | 6.3% / 33% | 60.7% / 33% | 13.9% / 50% | 1.51% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 47.2% | |
| Operating Margin | 3.3% | |
| Net Margin | 227.7% | |
| Return on Equity (ROE) | 124.0% | |
| Return on Assets (ROA) | 0.4% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $31M |
| Free Cash Flow | $23M |
| Total Debt | $30M |
| Debt-to-Equity | 5.6 |
| Current Ratio | 1.9 |
| Total Assets | $474M |
Price & Trading
| Last Close | $5.63 |
| 50-Day MA | $6.15 |
| 200-Day MA | $6.72 |
| Avg Volume | 259K |
| Beta | 1.1 |
|
52-Week Range
$2.83
| |
About Xunlei Ltd (XNET)
Xunlei Limited, together with its subsidiaries, operates an internet platform for digital media content in the People's Republic of China. The company's platform is based on cloud technology that enables users to access, store, manage, and consume digital media content. It offers Xunlei Accelerator, which enables users to accelerate digital transmission over the internet; mobile acceleration plug-in, which provides mobile device users with benefits of download speed acceleration and download success rate improvements; and subscription services that offer premium acceleration products through Green Channel and Fast Bird products. The company also provides Mobile Xunlei, a mobile application that allows users to search, download, consume, and store digital media content; StellarCloud, a distributed cloud computing platform; ThunderChain, an open platform that enables users to develop and manage blockchain applications; and BaaS (Blockchain as a Service) platform, which offers one-click deployment service and developers to develop blockchain-based products. In addition, the company offers Wefun, an audio live-streaming product that offers users to join various chat rooms based on their favorite topics; and Xunlei Media Player, which supports online and offline play of digital media content, as well as simultaneous play of digital media content while it is being transmitted by Xunlei Accelerator. Further, it provides online games operated through mobile and online game businesses; advertising services; Xunlei Browser that provides video streaming, web browsing, and novel reading; accelerated data transmission services; indexing technology, and distributed file locating system. The company was formerly known as Giganology Limited and changed its name to Xunlei Limited in January 2011. Xunlei Limited was founded in 2003 and is headquartered in Shenzhen, the People's Republic of China.
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Frequently Asked Questions
Is Xunlei Ltd (XNET) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Xunlei 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 Xunlei Ltd's debt ratio?
Xunlei Ltd's debt ratio is 8.5% 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 6.3%.
What are Xunlei Ltd's key financial metrics?
Xunlei Ltd has a market capitalization of $351M, trailing P/E ratio of 0.3. The company maintains a gross margin of 47.2% and a net margin of 227.7%. Return on equity stands at 124.0%.
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.