Is ZJK Industrial Co., Ltd. (ZJK) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 3.4% / 30% | 11.3% / 30% | 15.5% / 30% | 0.3% / 5% | ✓ HALAL |
| DJIM | 3.4% / 33% | 11.3% / 33% | 15.5% / 33% | 0.3% / 5% | ✓ HALAL |
| MSCI | 8.0% / 33% | 26.6% / 33% | 36.3% / 33% | 0.3% / 5% | ✗ NOT HALAL |
| S&P | 3.4% / 33% | 11.3% / 33% | 15.5% / 33% | 0.3% / 5% | ✓ HALAL |
| FTSE | 8.0% / 33% | 26.6% / 33% | 36.3% / 50% | 0.3% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 39.6% | |
| Operating Margin | 23.7% | |
| Net Margin | 8.9% | |
| Return on Equity (ROE) | 12.9% | |
| Return on Assets (ROA) | 3.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $5M |
| Free Cash Flow | $3M |
| Total Debt | $4M |
| Debt-to-Equity | 6.6 |
| Current Ratio | 2.0 |
| Total Assets | $56M |
Price & Trading
| Last Close | $1.95 |
| 50-Day MA | $1.93 |
| 200-Day MA | $2.81 |
| Avg Volume | 19K |
|
52-Week Range
$1.45
| |
About ZJK Industrial Co., Ltd. (ZJK)
ZJK Industrial Co., Ltd., through its subsidiaries, manufactures and sells precision fasteners, structural parts, and other precision metal parts products in the People's Republic of China, Taiwan, Singapore, the United States, and internationally. The company offers screws, nuts, bolts, turning parts, stamping parts, and computer numerical control (CNC) machining parts, as well as surface mounting technology (SMT) products and physical vapor deposition (PVD) products. Its products are used in new energy vehicles, mobile phones, smart watches, drones, 5G communication base stations, and other electronic equipment. The company was founded in 2011 and is headquartered in Shenzhen, the People's Republic of China. ZJK Industrial Co., Ltd. Is a subsidiary of DNR Technology Co., Ltd.
Purification Calculator
As a halal stock with 0.30% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is ZJK Industrial Co., Ltd. (ZJK) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), ZJK Industrial Co., Ltd. is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is ZJK Industrial Co., Ltd.'s debt ratio?
ZJK Industrial Co., Ltd.'s debt ratio is 3.4% 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 8.0%.
Does ZJK Industrial Co., Ltd. require dividend purification?
Yes, ZJK Industrial Co., Ltd. has an impermissible income ratio of 0.30%, which means 0.30% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are ZJK Industrial Co., Ltd.'s key financial metrics?
ZJK Industrial Co., Ltd. has a market capitalization of $122M, trailing P/E ratio of 27.1, and revenue of $38M. The company maintains a gross margin of 39.6% and a net margin of 8.9%. Return on equity stands at 12.9%.
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.