China Unicom
0762Company Overview
China United Network Communications (Hong Kong) Co., Ltd. (the “Company”) was incorporated in Hong Kong in February 2000 and listed on the New York Stock Exchange and the Hong Kong Stock Exchange on June 21 and 22, 2000, respectively. On June 1, 2001, the Company's shares were officially included in the Hang Seng Index. The company officially merged with China Netcom Group (Hong Kong) Co., Ltd. on October 15, 2008. The company has been selected as one of the “Fortune 500 Companies” for many years, ranked 267th in the 2022 Fortune Global 500, and was selected as “Asia's Most Admired Telecom Company” by “Institutional Investor” (Institutional Investor) for 7 consecutive years in 2022. The company is positioned as “the national team for digital information infrastructure operation and service, the main force in building a smart society in digital China, and the vanguard of digital technology integration and innovation”, and upgraded its strategy to “strong foundation, integrity and innovation, integration and openness”, giving more prominence to the foundation of strong networks, the foundation of solid services, and practicing “basic skills”; putting more emphasis on maintaining the right of networking, expanding the new digital and intelligence, and playing a “combo punch”; it also highlights the integration of elements and market integration, and plays a good “team game” with partners. Under the new positioning and new strategy, the company fully invigorates the main channel of the digital economy, taking “big connectivity, big computing, big data, big application, and big security” as its main business, achieving all-round transformation and upgrading of development engines, paths and methods, opening up new development space, enhancing customer value, and better serving and integrating into the new development pattern. In order to become a world-class enterprise with global competitiveness, the company resolutely carries out its national mission, comprehensively constructs industry-leading intelligent comprehensive digital information infrastructure with breadth, depth and depth, unblocking the information artery and building a new digital foundation for economic and social development; resolutely implements the strategy of cyber power, serves digital China and smart society construction, grasps the direction of digitalization, networking and intelligence, and resolutely implements “full-coverage, all-online, all-cloud, green, one-stop” digital services with leading technology and high integration to help thousands of industries “use numbers to the cloud to empower smart development”; Driven by innovation It focuses on core technology, focuses on key applications, integrates innovation, turns the company into a scientific and technological innovation enterprise, achieves a high level of self-reliance and self-improvement in digital technology, and has become an important part of the country's strategic scientific and technological strength. The company strives to be a “new engine” that empowers social and economic transformation, give full play to the advantages of big data and communication network technology, promote the development of the digital economy and the upgrading of information consumption, help the transformation of old and new energy into economic development, effectively enhance the satisfaction and sense of acquisition of information and communication services among users, and allow the whole society to further enjoy the new results brought about by the development of information and communication technology.
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 meets all Shariah compliance criteria according to AAOIFI standards.
Name | China Unicom |
Ticker | 0762 |
Main Business | Telecom Services |
Type | Common Stock |
Industry | Telecom Services |
Country | HK |
Market Cap | $19.22 B |
Shariah Analysis Breakdown
Revenue Segment | Value ($M) | Non-Compliant ($M) | Reason |
---|---|---|---|
Broadband and mobile data services | $78,000.0 | $0.0 | - |
Revenue from data and Internet applications | $47,750.0 | $0.0 | - |
Revenue from sales of communications products | $20,790.0 | $0.0 | - |
Other value-added services | $14,660.0 | $0.0 | - |
Transmission Line usage and related Servic | $11,140.0 | $0.0 | - |
Voice calls and monthly rates | $10,720.0 | $0.0 | - |
Net settlement income | $6,400.0 | $0.0 | - |
Other services | $2,360.0 | $0.0 | - |
Interest income | $1,747.0 | $1,747.0 | - |
Total | $193,567.0 | $1,747.0 | 0.89% (passed) |
Liability Item | Value ($M) | % of Market Cap |
---|---|---|
bank loans and overdrafts | $49,579,831.9 | 0.26% |
short term borrowing | $95,378,151.3 | 0.50% |
notes payable | $879,551,820.7 | 4.58% |
long term bank loan | $175,070,028.0 | 0.91% |
Total Interest-Bearing Debt | $1,199,579,831.9 | 6.24% |
Market Capitalization | $19,223,076,923.1 | 100.00% |
Compliance Status | Threshold: 33% | passed |