Is Zhongchao Inc. (ZCMD) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.9% / 30% | 210.1% / 30% | 76.8% / 30% | 1.53% / 5% | ✗ NOT HALAL |
| DJIM | 0.9% / 33% | 210.1% / 33% | 76.8% / 33% | 1.53% / 5% | ✗ NOT HALAL |
| MSCI | 0.2% / 33% | 50.5% / 33% | 18.5% / 33% | 1.53% / 5% | ✗ NOT HALAL |
| S&P | 0.9% / 33% | 210.1% / 33% | 76.8% / 33% | 1.53% / 5% | ✗ NOT HALAL |
| FTSE | 0.2% / 33% | 50.5% / 33% | 18.5% / 50% | 1.53% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 52.5% | |
| Operating Margin | -15.7% | |
| Net Margin | -12.9% | |
| Return on Equity (ROE) | -5.9% | |
| Return on Assets (ROA) | -2.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$1M |
| Free Cash Flow | -$5M |
| Total Debt | $57,517 |
| Debt-to-Equity | 0.1 |
| Current Ratio | 8.2 |
| Total Assets | $26M |
Price & Trading
| Last Close | $1.78 |
| 50-Day MA | $2.29 |
| 200-Day MA | $5.87 |
| Avg Volume | 219K |
| Beta | -0.0 |
|
52-Week Range
$1.44
| |
About Zhongchao Inc. (ZCMD)
Zhongchao Inc. provides healthcare information, education, and training services to healthcare professionals under their MDMOOC brand in the People's Republic of China. It operates through two segments, MDMOOC services, and Sales of Patented Drugs. The company offers patient management services in the tumor and rare diseases field, internet healthcare services, and pharmaceutical services, and operates an online information platform. It also provides online and onsite health information services, healthcare education programs, and healthcare training products, including clinical practice training, open classes on popular medical topics, interactive case studies, academic conferences and workshops, continuing education courses, and articles and short videos with educational healthcare content. The company offers its services through its MDMOOC online platform, including the MDMOOC mobile app, MOOC Medical WeChat subscription account, and MDMOOC website, and patient management services through an IT system under the Zhongxun brand, WeChat mini program, and Zhongxin Health WeChat mini program. It serves enterprises and non-profit organizations, including medical associations, medical institutions, medical journals, medical foundations, and hospitals, as well as healthcare professionals, nurses, doctors, and other healthcare workers. Zhongchao Inc. was founded in 2012 and is headquartered in Shanghai, China.
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Frequently Asked Questions
Is Zhongchao Inc. (ZCMD) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Zhongchao 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 Zhongchao Inc.'s debt ratio?
Zhongchao Inc.'s debt ratio is 0.9% 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 0.2%.
What are Zhongchao Inc.'s key financial metrics?
Zhongchao Inc. has a market capitalization of $7M, and revenue of $16M. The company maintains a gross margin of 52.5% and a net margin of -12.9%. Return on equity stands at -5.9%.
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.