Smoore International Holdings Limited

6969
Failed

Company Overview

Our company was founded in 2009 and is headquartered in Baoan, Shenzhen. We are a global leader in providing atomization technology solutions, with advanced R&D technology, strong manufacturing capabilities, a broad product portfolio and a diverse customer base. Strong R&D capabilities play a critical role in establishing and maintaining our leading global market position. In order to keep up with the pace of industry development, we have hired a professional product design and R&D team and established a research institute focused on improving product safety and atomized taste experience. We focus not only on the cutting edge of scientific research, but also on the practical application of products. Our R&D platform consists of three departments, namely a basic research institute, a technology center, and a technology industrialization center. Each department focuses on different aspects of the R&D field. In October 2019, we received the “China Patent Award” from the State Intellectual Property Office of China in recognition of our patents on porous ceramic manufacturing technology and applications. In November 2019, as far as the safety and quality of our laboratory is concerned, we obtained the “Laboratory Accreditation Certificate” issued by the China National Accreditation Committee for Conformity Assessment. As of June 20, 2020, the company has applied for more than 1,600 domestic and foreign patents, of which the number of authorized patents exceeds 700.

Country
HK
Market Cap
$5.15B
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
4.63% passed
5% Threshold
4.6%
Liabilities Compliance
0.00% passed
33% Threshold
0.0%
Final Shariah Status
Failed

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

Stock Information
Name Smoore International Holdings Limited
Ticker 6969
Main Business Tobacco
Type Common Stock
Industry Tobacco
Country HK
Market Cap $5.15 B

Shariah Analysis Breakdown

Business compliance Breakdown
Revenue Segment Value ($M) Non-Compliant ($M) Reason
Revenue $11,168.4 $0.0 -
Interest income $569.3 $569.3 -
Total $11,737.8 $569.3 4.63% (passed)
Liabilities Compliance Breakdown
Liability Item Value ($M) % of Market Cap
Total Interest-Bearing Debt $0.0 0.00%
Market Capitalization $5,150,000,000.0 100.00%
Compliance Status Threshold: 33% passed