Is Zhibao Technology Inc. (ZBAO) Halal?

NASDAQ Financial Services China $26M
✗ NOT HALAL
Confidence: 95/100
Zhibao Technology Inc. (ZBAO) is Not Halal under AAOIFI Standard 21 due to its classification in the Insurance Brokers industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from June 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Insurance Brokers ✗ NOT HALAL
DJIM Excluded — Insurance Brokers ✗ NOT HALAL
MSCI Excluded — Insurance Brokers ✗ NOT HALAL
S&P Excluded — Insurance Brokers ✗ NOT HALAL
FTSE Excluded — Insurance Brokers ✗ NOT HALAL

Financial Highlights

EPS
$-0.28
P/B Ratio
7.3
EV/EBITDA
-0.8
EV: $44M
Revenue
$277M
Growth: 31.3%
Current Ratio
1.0

Profitability

Gross Margin 41.0%
Operating Margin -43.9%
Net Margin -22.4%
Return on Equity (ROE) -139.9%
Return on Assets (ROA) -17.6%

Cash Flow & Balance Sheet

Operating Cash Flow-$21M
Free Cash Flow-$21M
Total Debt$28M
Debt-to-Equity111.5
Current Ratio1.0
Total Assets$171M

Price & Trading

Last Close$0.76
50-Day MA$0.88
200-Day MA$0.97
Avg Volume174K
52-Week Range
$0.64
$2.14

About Zhibao Technology Inc. (ZBAO)

CEO
Mr. Botao Ma
Employees
137
Sector
Financial Services
Industry
Insurance Brokers
Country
China
Exchange
NASDAQ
Market Cap
$26M
Currency
USD

Zhibao Technology Inc., through its subsidiaries, provides digital insurance brokerage services in the People's Republic of China. The company also offers managing general underwriter services. In addition, it provides insurance product design and customization, selection of insurance companies, technology system interconnection and delivery, customer AARRR (Acquisition, Activation, Retention, Referral, and Revenue) operation, customer service, compliance management, and data analysis. Further, the company operates a digital insurance brokerage platform that offers a portfolio of 2B2C (to-business-to-customer) insurance tools for building the systems required for various insurance solutions. Additionally, it engages in research and development; offline insurance brokerage consulting; and healthcare services. The company serves the travel, outdoor activity, sports, logistics and supply chain, municipal gas and electricity utilities, and e-commerce industries. Zhibao Technology Inc. was founded in 2015 and is headquartered in Shanghai, China.

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Frequently Asked Questions

Is Zhibao Technology Inc. (ZBAO) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Zhibao Technology 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 Zhibao Technology Inc.'s debt ratio?

Zhibao Technology Inc.'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are Zhibao Technology Inc.'s key financial metrics?

Zhibao Technology Inc. has a market capitalization of $26M, and revenue of $277M. The company maintains a gross margin of 41.0% and a net margin of -22.4%. Return on equity stands at -139.9%.

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.