Jiumaojiu International Holdings Limited

9922
Failed

Company Overview

Established in 2005, Jiumaojiu Group has over 24 years of restaurant business history in China. It is a Chinese restaurant group with chain management as its core. The business strategy of the Jiumaojiu Group is based on a multi-brand and multi-concept strategy. In addition to using the classic “Jiumao Jiuxian Noodle Restaurant” as a starting point, the Group also reaches out to consumers at different levels by establishing different styles of brands, bringing a new experience to the consumer market. Up to now, the Jiumaojiu Restaurant Group has 5 brands including Jiumaojiu, Taier, 2 Egg Pancakes, and Uncle Nahwei. Since opening, the store has covered East China, South China, Central China, and North China.

Country
HK
Market Cap
$1.09B
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
80.25% failed
5% Threshold
80.2%
Liabilities Compliance
3.24% passed
33% Threshold
3.2%
Final Shariah Status
Failed

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

Stock Information
Name Jiumaojiu International Holdings Limited
Ticker 9922
Main Business Restaurants
Type Common Stock
Industry Restaurants
Country HK
Market Cap $1.09 B

Shariah Analysis Breakdown

Business compliance Breakdown
Revenue Segment Value ($M) Non-Compliant ($M) Reason
restaurant operations $3,203,210,000.0 $3,203,210,000.0 -
delivery business $787,114,000.0 $0.0 -
sales of specialties $1,392,000.0 $0.0 -
Total $3,991,716,000.0 $3,203,210,000.0 80.25% (failed)
Liabilities Compliance Breakdown
Liability Item Value ($M) % of Market Cap
bank loans and overdrafts $12,605,042.0 1.15%
long term bank loan $21,591,036.4 1.97%
derivative financial instruments non current liabilities $1,247,899.2 0.11%
Total Interest-Bearing Debt $35,443,977.6 3.24%
Market Capitalization $1,094,871,794.9 100.00%
Compliance Status Threshold: 33% passed