Winnovation Culturaltainment Development Limited (000620.SZ) is currently considered halal (Sharia-compliant), per In-house ratio engine (last assessed 2026-08-27). See the full ratio breakdown and business-activity screen below for the reasoning.
Computed from Yahoo Finance fundamentals (Tier-4 provider, no filing available), balance sheet as of 2025-12-31. 000620.SZ files no SEC reports, so these ratios come from the issuer's own published statements rather than XBRL.
Business activity: cleared (no excluded categories detected)
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 9.73% | 30.00% | Pass |
| Interest-bearing investments | 4.78% | 30.00% | Pass |
| Non-permissible income | 0.59% | 5.00% | Pass |
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 18.97% | 33.00% | Pass |
| Interest-bearing investments | 9.32% | 33.00% | Pass |
| Non-liquid assets | 88.49% | at least 20.00% | Pass |
| Non-permissible income | 0.59% | 5.00% | Pass |
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 18.97% | 33.33% | Pass |
| Cash + interest-bearing securities | 9.32% | 33.33% | Pass |
| Accounts receivable | 11.51% | 33.33% | Pass |
| Non-permissible income | 0.59% | 5.00% | Pass |
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 18.97% | 33.33% | Pass |
| Cash + interest-bearing securities | 9.32% | 33.33% | Pass |
| Accounts receivable | 11.51% | 50.00% | Pass |
| Non-permissible income | 0.59% | 5.00% | Pass |
Scored against a trailing-average market cap (24-month), share-weighted by the issuer's own reported share counts — not today's market cap.
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 12.87% | 33.00% | Pass |
| Cash + interest-bearing securities | 6.33% | 33.00% | Pass |
| Accounts receivable | 1.49% | 33.00% | Pass |
| Non-permissible income | 0.59% | 5.00% | Pass |
Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 15.19% | 33.00% | Pass |
| Cash + interest-bearing securities | 7.47% | 49.00% | Pass |
| Accounts receivable | 1.76% | 49.00% | Pass |
| Non-permissible income | 0.59% | 5.00% | Pass |
Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 15.19% | 33.33% | Pass |
| Cash + interest-bearing securities | 7.47% | 33.33% | Pass |
| Accounts receivable | 9.22% | 49.00% | Pass |
| Non-permissible income | 0.59% | 5.00% | Pass |
Research only, not investment advice. Thresholds are each standard-setter's published limits; a ratio marked “at least” is a floor, not a ceiling.
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Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.
The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally above. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 48.40 | NEUTRAL |
| Stochastic %K (14) | 20.29 | NEUTRAL |
| CCI (20) | -74.18 | NEUTRAL |
| Williams %R (14) | -79.71 | NEUTRAL |
| MACD (12,26,9) | -0.02 | SELL |
| ROC (10) | -8.58 | SELL |
| Momentum (10) | -0.29 | SELL |
| EMA (10) | 3.17 | SELL |
| SMA (10) | 3.14 | SELL |
| EMA (20) | 3.15 | SELL |
| SMA (20) | 3.25 | SELL |
| EMA (30) | 3.13 | SELL |
| SMA (30) | 3.10 | SELL |
| EMA (50) | 3.10 | SELL |
| SMA (50) | 3.05 | BUY |
| EMA (100) | 3.05 | BUY |
| SMA (100) | 3.05 | BUY |
| EMA (200) | 2.96 | BUY |
| SMA (200) | 3.06 | BUY |
Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.
Industrials · Conglomerates
Winnovation Culturaltainment Development Limited, together with its subsidiaries, engages in real estate development activities in China and internationally. It operates through Real Estate, Cultural and Tourism, and Other segments. The company is involved in the development and operation of cultural and tourism scenic spots covering museums, cultural performances, entertainment experiences, homestays, hotels, guest houses, and cultural tourism design institutes; hotel management; travel agency; construction; property services; tourism services; planning and design; schools; and other businesses. The company was formerly known as Macrolink Culturaltainment Development Co., Ltd. and changed its name to Winnovation Culturaltainment Development Limited in June 2025. Winnovation Culturaltainment Development Limited was founded in 1993 and is based in Beijing, China.
Background via Yahoo Finance — informational, not part of the verdict.
Peer movement computing — it will appear here on its own.
NO DATA 0 buys · 0 sells
NEUTRAL report date 2026-09-01 · Asset managers net 934180 (-19048)
Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.