PCCW Limited

0008
Failed

Company Overview

PCCW Limited is a global company headquartered in Hong Kong, China. It holds interests in telecommunications, media, IT service solutions, property development and investment, and other businesses. The Company holds most of the shares in HKT Trust and HKT Limited. HKT is Hong Kong's leading telecommunications service provider and leading operator of fixed network, broadband, mobile communications and media entertainment services. HKT provides end-to-end integration solutions to assist enterprises in their digital transformation with emerging technologies. HKT has also established a digital ecosystem, integrating the Group's membership programs, e-commerce, travel, insurance, big data analysis, fintech and health technology services to deepen relationships between companies and customers. PCCW has a fully integrated Hong Kong multimedia and entertainment group that provides over-the-top (“OTT”) video services in Hong Kong and beyond, and is also engaged in content creation, artist management and event business. PCC also operates local free TV services in Hong Kong through Hong Kong Television Entertainment Limited. PCC Enterprise Solutions is a leading IT and business process outsourcing service provider in Hong Kong, Mainland China and Southeast Asia. In addition, PCCW holds shares in PCC Dayan Real Estate Development Co., Ltd. and other overseas investments. PCC employs more than 21,200 employees and has business bases in Hong Kong, mainland China, and other countries and regions around the world. PCCW's shares are listed on the Hong Kong Stock Exchange Limited (code: 0008), and OTC Markets Group Inc., in the country as an American depositary. (OTC market) trading (code: PCCWY).

Country
HK
Market Cap
$4.13B
Last Fiscal Year
2023
Final Shariah Status
Failed
Compliance Analysis Overview

Shariah Compliance Benchmarks:

  • Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
  • Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
Business Compliance
3.09% passed
5% Threshold
3.1%
Liabilities Compliance
164.10% failed
33% Threshold
164.1%
Final Shariah Status
Failed

This stock does not meet all Shariah compliance criteria according to AAOIFI standards.

Stock Information
Name PCCW Limited
Ticker 0008
Main Business Telecom Services
Type Common Stock
Industry Telecom Services
Country HK
Market Cap $4.13 B

Shariah Analysis Breakdown

Business compliance Breakdown
Revenue Segment Value ($M) Non-Compliant ($M) Reason
HKT $32,761.0 $0.0 Telecommunications service provider
Media Business $2,632.0 $1,053.0 Entertainment
Other Businesses $672.0 $0.0 -
Interest income $101.0 $101.0 -
Total $36,166.0 $1,154.0 3.09% (passed)
Liabilities Compliance Breakdown
Liability Item Value ($M) % of Market Cap
derivative financial instrument current liabilities $19,358,974.4 0.47%
short term borrowing $134,615,384.6 3.26%
long term bank loan $6,538,461,538.5 158.39%
derivative financial instruments non current liabilities $81,410,256.4 1.97%
Total Interest-Bearing Debt $6,773,846,153.8 164.10%
Market Capitalization $4,128,000,000.0 100.00%
Compliance Status Threshold: 33% failed