Zhongsheng Group Holdings Limited
0881Company Overview
Zhongsheng Group Holdings Co., Ltd. (“Zhongsheng Group”) is one of the leading national automobile dealer groups in China. The Group has an extensive nationwide 4S (including sales, parts, after-sales service and information survey) dealership network, covering economically developed regions and cities. Zhongsheng Group focuses on operating a portfolio of luxury and high-end brands, including Mercedes-Benz, Lexus, Audi, Porsche, Land Rover, Toyota, Nissan, Volkswagen, and Chrysler. Zhongsheng Group was the first dealer in China to obtain distribution rights from Toyota, and one of the first companies in China to obtain distribution rights for Lexus and Audi. The Group has always been committed to developing a one-stop business model to provide new car sales and after-sales products and services at various 4S dealerships, including the provision of spare parts, automotive supplies, repair and maintenance services, car beauty services, and other automobile-related products and services.
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 | Zhongsheng Group Holdings Limited |
| Ticker | 0881 |
| Main Business | Auto & Truck Dealerships |
| Type | Common Stock |
| Industry | Auto & Truck Dealerships |
| Country | HK |
| Market Cap | $5.68 B |
Shariah Analysis Breakdown
| Revenue Segment | Value ($M) | Non-Compliant ($M) | Reason |
|---|---|---|---|
| sales of motor vehicles | $155,248.0 | $0.0 | - |
| after-sales service | $24,609.0 | $0.0 | - |
| Other income and gains, net | $4,424.1 | $483.5 | Interest income and dividend |
| Total | $184,281.1 | $483.5 | 0.26% (passed) |
| Liability Item | Value ($M) | % of Market Cap |
|---|---|---|
| bank loans and overdrafts | $2,222,689,075.6 | 39.16% |
| long term bank loan | $1,750,700,280.1 | 30.84% |
| convertible notes and bonds | $445,378,151.3 | 7.85% |
| Total Interest-Bearing Debt | $4,418,767,507.0 | 77.85% |
| Market Capitalization | $5,675,846,153.8 | 100.00% |
| Compliance Status | Threshold: 33% | failed |