Dongfeng Motor Group Company Limited

0489
Failed

Company Overview

The main business of Dongfeng Motor Group Co., Ltd. covers a full range of commercial vehicles and passenger vehicles, vehicle finance business, and other automobile-related businesses. The main types of products operated by the company through its holding subsidiaries Dongfeng Commercial Vehicle, Dongfeng Special Commercial, and Dongfeng Liuqi are heavy and medium-sized trucks; the main types of products operated by Dongfeng Co., Ltd. and Zhengzhou Nissan through joint ventures are light trucks, pickups, and buses. The company has unique technical advantages and leading market position in the field of heavy, medium and light trucks, and has strong competitive advantages in product dynamics, economy, braking capacity, NVH and self-weight.

Country
HK
Market Cap
$4.11B
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
7.63% failed
5% Threshold
7.6%
Liabilities Compliance
301.43% failed
33% Threshold
301.4%
Final Shariah Status
Failed

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

Stock Information
Name Dongfeng Motor Group Company Limited
Ticker 0489
Main Business Auto Manufacturers
Type Common Stock
Industry Auto Manufacturers
Country HK
Market Cap $4.11 B

Shariah Analysis Breakdown

Business compliance Breakdown
Revenue Segment Value ($M) Non-Compliant ($M) Reason
Commercial vehicle $25,470.0 $0.0 -
Passenger car $16,000.0 $0.0 -
Automobile finance $3,090.0 $3,090.0 finance
Companies and others $1,110.0 $0.0 -
Interest income $746.0 $746.0 -
Total $46,416.0 $3,836.0 7.63% (failed)
Liabilities Compliance Breakdown
Liability Item Value ($M) % of Market Cap
bank loans and overdrafts $4,338,935,574.2 105.46%
notes payable $4,102,240,896.4 99.70%
long term bank loan $3,960,784,313.7 96.27%
Total Interest-Bearing Debt $12,401,960,784.3 301.43%
Market Capitalization $4,114,423,076.9 100.00%
Compliance Status Threshold: 33% failed