AAC Technologies Holdings Inc.
2018Company Overview
AAC Ruisheng Technology is a leader in sensory experience solutions, with the corporate goal of building the future of sensory experience technology. Ruisheng Technology adheres to technological innovation and focuses on the global layout. After decades of deep industry cultivation, we have established close, long-term, and stable strategic cooperative relationships with domestic and foreign end customers, and have strong comprehensive competitiveness in the fields of acoustics, optics, touch, sensors, semiconductors, and precision manufacturing. Ruisheng Technology's mission is to create a better sensory experience for the world, and its vision is to create diversified values and become a leader in experiential technology. In terms of sensory science, Ruisheng Technology continues to innovate, create all kinds of new interactive experiences, and inject new vitality into the industry. In the future, Ruisheng Technology will continue to make efforts in various industries such as smartphones, smart cars, virtual reality, augmented reality, and smart homes, creating a new era of perception and experience.
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 meets all Shariah compliance criteria according to AAOIFI standards.
Name | AAC Technologies Holdings Inc. |
Ticker | 2018 |
Main Business | Communication Equipment |
Type | Common Stock |
Industry | Communication Equipment |
Country | HK |
Market Cap | $3.57 B |
Shariah Analysis Breakdown
Revenue Segment | Value ($M) | Non-Compliant ($M) | Reason |
---|---|---|---|
Revenue | $20,419.1 | $0.0 | - |
Interest income | $207.8 | $207.8 | - |
Total | $20,626.9 | $207.8 | 1.00% (passed) |
Liability Item | Value ($M) | % of Market Cap |
---|---|---|
bank loans and overdrafts | $204,481,792.7 | 5.73% |
long term bank loan | $242,296,918.8 | 6.79% |
convertible notes and bonds | $512,605,042.0 | 14.36% |
Total Interest-Bearing Debt | $959,383,753.5 | 26.88% |
Market Capitalization | $3,569,230,769.2 | 100.00% |
Compliance Status | Threshold: 33% | passed |