Anhui Conch Cement Company Limited

0914
Passed

Company Overview

The company is a company limited by shares established in the People's Republic of China and is headquartered in Wuhu. The parent company of the company is Anhui Conch Group Co., Ltd., and the ultimate controlling shareholder is the State-owned Assets Supervision and Administration Committee of the Anhui Provincial People's Government. The Group's main business is the production and sale of cement, commercial clinker, aggregates and concrete. The Group's cement varieties mainly include grade 32.5 cement, grade 42.5 cement and grade 52.5 cement. Our products are widely used in large-scale national infrastructure construction projects such as railways, highways, airports, water conservancy projects, etc., as well as urban real estate development, cement products and rural markets. The company has received honors: The “CONCH” trademark has been recognized as a well-known trademark by the State Trademark Office, and has been widely used in iconic projects that have attracted worldwide attention for a long time, such as the Beijing-Shanghai High Speed Rail, Hangzhou Bay Cross-Sea Bridge, Shanghai Oriental Pearl TV Tower, Shanghai Maglev Train (track beam), Lianyungang Tianwan Nuclear Power Station, and Pudong International Airport. At the same time, the products are exported to more than 20 countries and regions, including the United States, Europe, Africa, and Asia.

Country
HK
Market Cap
$12.26B
Last Fiscal Year
2023
Final Shariah Status
Passed
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
3.17% passed
5% Threshold
3.2%
Liabilities Compliance
26.12% passed
33% Threshold
26.1%
Final Shariah Status
Passed

This stock meets all Shariah compliance criteria according to AAOIFI standards.

Stock Information
Name Anhui Conch Cement Company Limited
Ticker 0914
Main Business Building Materials
Type Common Stock
Industry Building Materials
Country HK
Market Cap $12.26 B

Shariah Analysis Breakdown

Business compliance Breakdown
Revenue Segment Value ($M) Non-Compliant ($M) Reason
Cement and Cement Related-East China $20,210.0 $0.0 -
Cement and Cement Related-Central China $19,500.0 $0.0 -
Cement and Cement Related-Western China $12,780.0 $0.0 -
Cement and Cement Related-Southern China $9,570.0 $0.0 -
Cement and Cement Related-Overseas $2,420.0 $0.0 -
Solid and Hazardous Waste Disposal $970.8 $0.0 -
Interest income $2,217.7 $2,217.7 -
Total $67,668.5 $2,217.7 3.17% (passed)
Liabilities Compliance Breakdown
Liability Item Value ($M) % of Market Cap
bank loans and overdrafts $1,015,406,162.5 8.28%
long term bank loan $2,186,274,509.8 17.84%
Total Interest-Bearing Debt $3,201,680,672.3 26.12%
Market Capitalization $12,257,948,717.9 100.00%
Compliance Status Threshold: 33% passed