China Resources Beer

0291
Failed

Company 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.

Country
HK
Market Cap
$14.21B
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
50.00% failed
5% Threshold
50.0%
Liabilities Compliance
5.04% passed
33% Threshold
5.0%
Final Shariah Status
Failed

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

Stock Information
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

Business compliance 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 $15,590.0 50.00% (failed)
Liabilities Compliance Breakdown
Liability Item Value ($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