Is J-Star Holding Co., Ltd. (YMAT) Halal?

NASDAQ Basic Materials Taiwan $6M
✗ NOT HALAL
Confidence: 90/100
J-Star Holding Co., Ltd. (YMAT) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 158.3% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. J-Star Holding Co., Ltd. operates in the Basic Materials sector.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 158.3%
/ 30%
10.1%
/ 30%
136.4%
/ 30%
1.51%
/ 5%
✗ NOT HALAL
DJIM 158.3%
/ 33%
10.1%
/ 33%
136.4%
/ 33%
1.51%
/ 5%
✗ NOT HALAL
MSCI 41.8%
/ 33%
2.7%
/ 33%
36.0%
/ 33%
1.51%
/ 5%
✗ NOT HALAL
S&P 158.3%
/ 33%
10.1%
/ 33%
136.4%
/ 33%
1.51%
/ 5%
✗ NOT HALAL
FTSE 41.8%
/ 33%
2.7%
/ 33%
36.0%
/ 50%
1.51%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
7.8
EPS
$0.04
P/B Ratio
0.4
EV/EBITDA
23.8
EV: $19M
Revenue
$18M
Growth: 30.7%
Current Ratio
1.1

Profitability

Gross Margin 30.1%
Operating Margin 1.5%
Net Margin 3.1%
Return on Equity (ROE) 5.0%
Return on Assets (ROA) 1.4%

Cash Flow & Balance Sheet

Operating Cash Flow-$3M
Free Cash Flow-$3M
Total Debt$10M
Debt-to-Equity115.0
Current Ratio1.1
Total Assets$24M

Price & Trading

Last Close$0.34
50-Day MA$0.42
200-Day MA$1.25
Avg Volume1.3M
52-Week Range
$0.30
$6.45

About J-Star Holding Co., Ltd. (YMAT)

CEO
Mr. Sam Van
Employees
65
Sector
Basic Materials
Industry
Specialty Chemicals
Country
Taiwan
Exchange
NASDAQ
Market Cap
$6M
Currency
USD

J-Star Holding Co., Ltd. manufactures and trades in bicycles, sports accessories, and carbon fiber composite products in Taiwan and internationally. It offers bicycles parts of sports bicycles and electric bicycles; paddle rackets for use in tennis, badminton, squash, and beach tennis; and structural parts of automobile, other sporting goods, and healthcare products. The company was founded in 1968 and is headquartered in Taichung, Taiwan.

Related Halal Stocks in Basic Materials

Frequently Asked Questions

Is J-Star Holding Co., Ltd. (YMAT) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), J-Star Holding 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 J-Star Holding Co., Ltd.'s debt ratio?

J-Star Holding Co., Ltd.'s debt ratio is 158.3% 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 41.8%.

What are J-Star Holding Co., Ltd.'s key financial metrics?

J-Star Holding Co., Ltd. has a market capitalization of $6M, trailing P/E ratio of 7.8, and revenue of $18M. The company maintains a gross margin of 30.1% and a net margin of 3.1%. Return on equity stands at 5.0%.

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.