Samsonite International S.A.
1910Company Overview
Samsonite International Limited (the “Company”, collectively known as the “Group” along with its comprehensive subsidiaries) has a long history of over 110 years, is a leader in the global fashion luggage industry, and is the most famous and largest luggage company in the world. The Group is mainly engaged in the design, manufacture, procurement and distribution of luggage, business bags and computer bags, outdoor bags and leisure bags, and travel accessories around the world. Its brands mainly include Samsonite, Tumi, American Tourister, Gregory, High Sierra, Kamiliant, ebags, Lipault and Hartmann brands and other owned and authorized brands.
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 | Samsonite International S.A. |
| Ticker | 1910 |
| Main Business | Footwear & Accessories |
| Type | Common Stock |
| Industry | Footwear & Accessories |
| Country | HK |
| Market Cap | $4.62 B |
Shariah Analysis Breakdown
| Revenue Segment | Value ($M) | Non-Compliant ($M) | Reason |
|---|---|---|---|
| Revenue | $3,682.4 | $0.0 | - |
| Interest income | $14.3 | $14.3 | - |
| Total | $3,696.7 | $14.3 | 0.39% (passed) |
| Liability Item | Value ($M) | % of Market Cap |
|---|---|---|
| bank loans and overdrafts | $50,700,000.0 | 1.10% |
| long term bank loan | $1,730,000,000.0 | 37.43% |
| Total Interest-Bearing Debt | $1,780,700,000.0 | 38.53% |
| Market Capitalization | $4,621,794,871.8 | 100.00% |
| Compliance Status | Threshold: 33% | failed |