Kerry Properties Limited
0683Company Overview
Kerry Construction Co., Ltd. (“Kerry Construction”) is one of the largest property companies. It has major investments in Asia, and enjoys a particularly good reputation for property construction in China and Hong Kong. Kerry Construction's investment focus in the two locations is to select central locations and develop exclusive properties. The company adheres to this development policy and perseveres to create a successful operating model through this, and has accumulated rich experience in the development and management of high-quality properties. The company adheres to the principles of fairness and integrity, and has established valuable long-term relationships with employees, suppliers, partners, government agencies and other important stakeholders throughout the long history of the enterprise.
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 | Kerry Properties Limited |
| Ticker | 0683 |
| Main Business | Real Estate—Development |
| Type | Common Stock |
| Industry | Real Estate—Development |
| Country | HK |
| Market Cap | $2.65 B |
Shariah Analysis Breakdown
| Revenue Segment | Value ($M) | Non-Compliant ($M) | Reason |
|---|---|---|---|
| Mainland property | $2,960.0 | $0.0 | - |
| Hong Kong property | $2,520.0 | $0.0 | - |
| Interest income | $593.9 | $593.9 | - |
| Total | $6,073.9 | $593.9 | 8.91% (failed) |
| Liability Item | Value ($M) | % of Market Cap |
|---|---|---|
| derivative financial instrument current liabilities | $14,620,512.8 | 0.55% |
| short term borrowing | $851,282,051.3 | 32.07% |
| long term bank loan | $6,216,666,666.7 | 234.18% |
| derivative financial instruments non current liabilities | $35,752,564.1 | 1.35% |
| Total Interest-Bearing Debt | $7,118,321,794.9 | 268.15% |
| Market Capitalization | $2,654,615,384.6 | 100.00% |
| Compliance Status | Threshold: 33% | failed |