Lenovo Group Limited

0992
Passed

Company Overview

Lenovo Group (hereinafter referred to as “Lenovo”) is a global technology company founded in China and operating in 180 markets. Focusing on global development, Lenovo has established an industry-leading example of diverse corporate culture and operating models, serving more than 1 billion users around the world. As a trusted global technology enterprise leader, Lenovo helps customers seize tomorrow's technology and transform today's world. As the world's leading ICT technology company, Lenovo adheres to the concept of “intelligence, for every possibility” to provide users and the entire industry with smart terminals that integrate applications, services and the best experience, as well as powerful cloud infrastructure and industry intelligence solutions. As the world's leading manufacturer of smart devices, Lenovo provides hundreds of millions of smart terminal devices to users around the world every year, including computers, tablets, smartphones, etc. In 2018, Lenovo had the highest PC sales volume in the world. As the world's top supplier of enterprise digitalization and intelligent solutions, Lenovo is actively promoting the development of “device+cloud” and “infrastructure+cloud” throughout the industry, as well as the implementation of intelligent solutions. Facing an industrial upgrade opportunity for a new round of intelligent transformation, Lenovo proposed an intelligent transformation strategy that revolves around the three directions of Smart IoT (Smart IoT), Smart Infrastructure (Smart Infrastructure), and Industry Intelligence (Smart Veracity) to become the leader and enabler of intelligent transformation in the industry. Currently, Lenovo is divided into four major business groups: Intelligent Equipment Group (IDG), Data Center Business Group (DCG), Lenovo Venture Capital Group (LCIG), and Data Intelligence Business Group (DIBG). It has about 63,000 employees worldwide and operates in more than 180 countries and regions. In the 2019/2020 fiscal year, Lenovo's overall turnover reached 50.7 billion US dollars (353.1 billion yuan).

Country
HK
Market Cap
$14.42B
Last Fiscal Year
2024
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
0.24% passed
5% Threshold
0.2%
Liabilities Compliance
25.40% passed
33% Threshold
25.4%
Final Shariah Status
Passed

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

Stock Information
Name Lenovo Group Limited
Ticker 0992
Main Business Computer Hardware
Type Common Stock
Industry Computer Hardware
Country HK
Market Cap $14.42 B

Shariah Analysis Breakdown

Business compliance Breakdown
Revenue Segment Value ($M) Non-Compliant ($M) Reason
Intelligent Devices Group $44,599.5 $0.0 -
Infrastructure Solutions Group $8,920.0 $0.0 -
Solutions and Services Group $7,472.3 $0.0 -
Finance income $148.1 $148.1 -
Total $61,139.9 $148.1 0.24% (passed)
Liabilities Compliance Breakdown
Liability Item Value ($M) % of Market Cap
bank loans and overdrafts $50,430,000.0 0.35%
derivative financial instrument current liabilities $42,560,000.0 0.30%
long term bank loan $3,570,000,000.0 24.76%
Total Interest-Bearing Debt $3,662,990,000.0 25.40%
Market Capitalization $14,418,974,359.0 100.00%
Compliance Status Threshold: 33% passed