China Coal Energy Company Limited
1898
Shariah Status:
Company Overview
The company is a joint stock company established exclusively by China Coal Energy Group Co., Ltd. on August 22, 2006. The company was successfully listed in Hong Kong, China in December 2006 and A shares were issued in February 2008. The company is headquartered in Beijing, China. Coal, coal chemicals, electricity and coal mining equipment. Main products: thermal coal, coking coal, polyethylene, polypropylene, urea, methanol, etc.
Country
HK
Market Cap
$12.07B
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
0.05%
passed
Liabilities Compliance
59.04%
failed
Final Shariah Status
Failed
This stock does not meet all Shariah compliance criteria according to AAOIFI standards.
Stock Information
| Name | China Coal Energy Company Limited |
| Ticker | 1898 |
| Main Business | Thermal Coal |
| Type | Common Stock |
| Industry | Thermal Coal |
| Country | HK |
| Market Cap | $12.07 B |
Shariah Analysis Breakdown
Business Compliance Breakdown
| Revenue Segment | Value ($M) | Non-Compliant ($M) | Reason |
|---|---|---|---|
| Revenue | $192,968.8 | $0.0 | - |
| Interest income | $105.0 | $105.0 | - |
| Total | $193,073.8 | $105.0 | 0.05% (passed) |