Zhongchao Inc. (ZCMD) Financial Ratio Screen

NASDAQ Healthcare China USD 7M
RATIOS FAIL*
Automated financial screen · activity assessed separately
Zhongchao Inc. (ZCMD) is potentially non-compliant in the automated ratio model. While the debt ratio of 0.2% is acceptable, the cash and interest-bearing securities ratio of 50.5% exceeds the 30% threshold. Zhongchao Inc. operates in the Healthcare sector.

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MSCI new-inclusion financial-ratio snapshot

ZCMD financial screening at a glance

RATIOS FAIL*Financial ratios shown separately from business review — not a fatwa
Debt ratio
0.2%
Pass vs 30%
Cash ratio
50.5%
Fail vs 30%
Receivables + cash
69.0%
Fail vs 30%
Impermissible income
1.5%
Pass vs 5%

Calculation date: 2026-08-31. Financial period used: December 2024. The ratios are automated proxies inspired by published methodologies; they are not official index determinations.

Independent method comparison

What the available screens say

How MSCI, FTSE and S&P-style screens differ
Request this stock review
MSCI-styleFinancial criteria not metAt least one available ratio exceeds its threshold
FTSE/Yasaar-styleFinancial criteria not metAt least one available ratio exceeds its threshold
S&P-style provisionalNot yet availableRequired denominator or financial data is incomplete
Business activityAssessment pendingFinancial results do not determine business permissibility
Complete screening result: not yet completeA complete result requires both supported financial criteria and adequate activity evidence. This site does not issue a fatwa or official index decision.
Financial periodDecember 2024Calculation date2026-08-31S&P-style historynot availableLast activity reviewnot yet reviewed

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Business activity evidence

Activity assessment in progress

The supplied classification (Health Information Services) is only a starting point. Revenue evidence is being assessed before any complete screening conclusion.

Revenue segments: Not yet checked against an SEC annual filing.

Profile description reviewed: 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.

Sources to verify: Secondary company profile and classification · Issuer website · SEC issuer filings

A sector label or company description can flag a risk but cannot establish a compliant-revenue percentage. Only sourced segment disclosures may support that calculation.

Published-ratio reproductions (not certifications)

The table shows implemented MSCI and FTSE/Yasaar-style asset-based models plus a provisional S&P-style leverage reconstruction where a complete 36-month denominator exists. These are independent calculations, not official index results or Shariah determinations. See formulas, sources and limitations.

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
MSCI 0.2%
/ 30%
50.5%
/ 30%
69.0%
/ 30%
1.53%
/ 5%
RATIOS FAIL*
FTSE 0.2%
/ 33%
50.5%
/ 33%
69.0%
/ 50%
1.53%
/ 5%
RATIOS FAIL*

Financial Highlights

EPS
$-1.52
P/B Ratio
0.3
EV/EBITDA
6.6
EV: -$6M
Revenue
$16M
Growth: -32.9%
Beta
-0.0
Low volatility
Current Ratio
8.2

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-Equity0.1
Current Ratio8.2
Total Assets$26M

Price & Trading

Last Close$1.78
50-Day MA$2.29
200-Day MA$5.87
Avg Volume219K
Beta-0.0
52-Week Range
$1.44
$12.18

Financial data provenance and verification

The displayed fields were imported from yfinance on 2026-03-29 for the financial period December 2024. This is a secondary data feed and can differ from amended or newly filed statements.

Verification rule: check debt, cash, receivables, revenue and interest income against the latest primary filing before relying on an automated ratio.

About Zhongchao Inc. (ZCMD)

CEO
Mr. Weiguang Yang
Employees
111
Sector
Healthcare
Industry
Health Information Services
Country
China
Exchange
NASDAQ
Market Cap (listing currency)
USD 7M
Currency
USD

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?

The current automated result is Financial criteria not met or an activity exclusion was detected. It uses available public financial fields and simplified methodology proxies. It is not a fatwa or an official determination by AAOIFI, DJIM, MSCI, S&P, or FTSE.

What is Zhongchao Inc.'s debt ratio?

Zhongchao Inc.'s debt ratio is 0.2% in the MSCI new-inclusion reproduction: total debt divided by total assets, against a 30% threshold. See the methodology page for the official source and limitations.

What are Zhongchao Inc.'s key financial metrics?

Zhongchao Inc. has a market capitalization of USD 7M in its listing currency, 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?

Calculation date: 2026-08-31. Financial period: December 2024. These dates are shown separately because regenerating this page does not refresh the underlying data.

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.