ESR Cayman Limited

1821
Failed

Company Overview

ESR is a leading integrated logistics real estate platform focused on the Asia-Pacific region. ESR, headquartered in Hong Kong, China, is a leading logistics real estate platform with networks across the People's Republic of China (“China”), Japan, South Korea, Singapore, Australia and India. Broad geographical coverage enables tenants to drive rapid business development in various markets; and provides investment opportunities for capital partners to seize the strong growth momentum in the region. Comprehensive business platform ESR's business platform focuses on the Asia-Pacific region and has an outstanding track record. Comprehensive development capabilities, strong fund management models and perfect investment strategies promote continuous progress in the Group's development. exploitation Our development platform has complete end-to-end technical capabilities and services, covering every stage of the property development cycle, including site selection, design, construction and leasing. Fund management We manage a range of funds and investment instruments, covering high-quality logistics properties at different stages of development, providing capital partners with a single interface and diversified investment opportunities. invests Our investments include completed owned properties, funds and investment instruments participating in joint investments, listed real estate investment trusts managed by us, and other investment projects.

Country
HK
Market Cap
$5.88B
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
49.32% failed
5% Threshold
49.3%
Liabilities Compliance
101.62% failed
33% Threshold
101.6%
Final Shariah Status
Failed

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

Stock Information
Name ESR Cayman Limited
Ticker 1821
Main Business Real Estate Services
Type Common Stock
Industry Investment and Asset Management
Country HK
Market Cap $5.88 B

Shariah Analysis Breakdown

Business compliance Breakdown
Revenue Segment Value ($M) Non-Compliant ($M) Reason
Fund management $402.9 $402.9 Fund management
Investment $39.9 $39.9 Investment
New economic development $12.6 $0.0 -
Interest income $16.9 $16.9 -
Total $472.3 $459.6 49.32% (failed)
Liabilities Compliance Breakdown
Liability Item Value ($M) % of Market Cap
bank loans and overdrafts $899,880,000.0 15.29%
long term bank loan $5,080,000,000.0 86.33%
Total Interest-Bearing Debt $5,979,880,000.0 101.62%
Market Capitalization $5,884,615,384.6 100.00%
Compliance Status Threshold: 33% failed