China Resources Beer
0291Company Overview
China Resources Beer (Holdings) Limited (the “Company”), together with its subsidiaries, collectively referred to as the “Group”) is listed on the Hong Kong Stock Exchange Limited (stock code: 00291.HK). It is a listed alcoholic beverage company under China Resources (Group) Limited (“China Resources Group”), which specializes in the production, sale and distribution of alcoholic products. As a member of China Resources Group, we are committed to working with consumers, shareholders, employees and business partners to lead business progress, create a better life, and become a liquor company trusted and loved by the public.
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
This stock does not meet all Shariah compliance criteria according to AAOIFI standards.
Name | China Resources Beer |
Ticker | 0291 |
Main Business | Beverages—Brewers |
Type | Common Stock |
Industry | Beverages—Brewers |
Country | HK |
Market Cap | $14.21 B |
Shariah Analysis Breakdown
Revenue Segment | Value ($M) | Non-Compliant ($M) | Reason |
---|---|---|---|
Continuing Business-Beer | $15,210.0 | $15,210.0 | Beer |
Interest income | $380.0 | $380.0 | - |
Total | $15,590.0 | $15,590.0 | 50.00% (failed) |
Liability Item | Value ($M) | % of Market Cap |
---|---|---|
short term borrowing | $130,392,156.9 | 0.92% |
long term bank loan | $585,434,173.7 | 4.12% |
Total Interest-Bearing Debt | $715,826,330.5 | 5.04% |
Market Capitalization | $14,206,153,846.2 | 100.00% |
Compliance Status | Threshold: 33% | passed |