Securities Commission Malaysia

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Jiumaojiu International Holdings Limited

9922
Shariah Status:
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.

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