Shenzhen Investment Holdings Bay Area Development Company Limited

0737
Failed

Company Overview

Shenzhen Investment Holdings Bay Area Development Co., Ltd. (the “Company”, previously known as Hopewell Highway Infrastructure Limited) was incorporated in the Cayman Islands and has been listed on the Hong Kong Stock Exchange Limited since August 6, 2003, with stock codes 737 (HKD counter) and 80737 (RMB counter). Shenzhen Investment Holdings Co., Ltd. is the ultimate parent company of the Company. The company mainly operates expressway business, and its development strategy focuses on infrastructure construction and related businesses within the Guangdong-Hong Kong-Macao Greater Bay Area, as well as land development and utilization along the Guangzhou-Shenzhen Expressway.

Country
HK
Market Cap
$0.54B
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
3.77% passed
5% Threshold
3.8%
Liabilities Compliance
105.10% failed
33% Threshold
105.1%
Final Shariah Status
Failed

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

Stock Information
Name Shenzhen Investment Holdings Bay Area Development Company Limited
Ticker 0737
Main Business Infrastructure Operations
Type Common Stock
Industry Infrastructure Operations
Country HK
Market Cap $0.54 B

Shariah Analysis Breakdown

Business compliance Breakdown
Revenue Segment Value ($M) Non-Compliant ($M) Reason
Toll Highway Project-Guangzhou-Shenzhen Highway $626.1 $0.0 -
Toll Freeway Project - Guangzhou-Zhuhai West Highway $308.2 $0.0 -
Toll Freeway Project-Yanjiang Expressway $296.3 $0.0 -
Land Development and Utilization Project - Xintang Interchange $29.5 $0.0 -
Interest income $51.4 $51.4 -
Total $1,311.6 $51.4 3.77% (passed)
Liabilities Compliance Breakdown
Liability Item Value ($M) % of Market Cap
bank loans and overdrafts $254,901,960.8 47.47%
long term bank loan $309,523,809.5 57.64%
Total Interest-Bearing Debt $564,425,770.3 105.10%
Market Capitalization $537,025,641.0 100.00%
Compliance Status Threshold: 33% failed