Henan Zhongyuan Expressway Company Limited (600020.SS) is currently considered not halal (non-compliant), per In-house ratio engine (last assessed 2026-08-26). See the full ratio breakdown and business-activity screen below for the reasoning.
⚠️ Financial ratios are only half the screen. A company whose core business is in an excluded sector — weapons/defense, alcohol, gambling, conventional (interest-based) finance, tobacco, pork, or adult entertainment — is non-compliant even if every debt and income ratio passes. So passing ratios below don't override this verdict; check the business-activity screen for the reason.
Computed from Yahoo Finance fundamentals (Tier-4 provider, no filing available), balance sheet as of 2025-12-31. 600020.SS 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 | 375.84% | 30.00% | Fail |
| Interest-bearing investments | 5.27% | 30.00% | Pass |
| Non-permissible income | 0.05% | 5.00% | Pass |
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 63.60% | 33.00% | Fail |
| Interest-bearing investments | 0.89% | 33.00% | Pass |
| Non-liquid assets | 95.66% | at least 20.00% | Pass |
| Non-permissible income | 0.05% | 5.00% | Pass |
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 63.60% | 33.33% | Fail |
| Cash + interest-bearing securities | 0.89% | 33.33% | Pass |
| Accounts receivable | 4.34% | 33.33% | Pass |
| Non-permissible income | 0.05% | 5.00% | Pass |
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 63.60% | 33.33% | Fail |
| Cash + interest-bearing securities | 0.89% | 33.33% | Pass |
| Accounts receivable | 4.34% | 50.00% | Pass |
| Non-permissible income | 0.05% | 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 | 358.39% | 33.00% | Fail |
| Cash + interest-bearing securities | 5.02% | 33.00% | Pass |
| Accounts receivable | 19.44% | 33.00% | Pass |
| Non-permissible income | 0.05% | 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 | 381.23% | 33.00% | Fail |
| Cash + interest-bearing securities | 5.34% | 49.00% | Pass |
| Accounts receivable | 20.68% | 49.00% | Pass |
| Non-permissible income | 0.05% | 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 | 381.23% | 33.33% | Fail |
| Cash + interest-bearing securities | 5.34% | 33.33% | Pass |
| Accounts receivable | 26.02% | 49.00% | Pass |
| Non-permissible income | 0.05% | 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) | 47.50 | NEUTRAL |
| Stochastic %K (14) | 35.00 | NEUTRAL |
| CCI (20) | 3.59 | NEUTRAL |
| Williams %R (14) | -65.00 | NEUTRAL |
| MACD (12,26,9) | -0.00 | SELL |
| ROC (10) | -2.79 | SELL |
| Momentum (10) | -0.11 | SELL |
| EMA (10) | 3.90 | SELL |
| SMA (10) | 3.91 | SELL |
| EMA (20) | 3.87 | SELL |
| SMA (20) | 3.86 | SELL |
| EMA (30) | 3.85 | SELL |
| SMA (30) | 3.84 | SELL |
| EMA (50) | 3.83 | BUY |
| SMA (50) | 3.81 | BUY |
| EMA (100) | 3.84 | BUY |
| SMA (100) | 3.79 | BUY |
| EMA (200) | 3.96 | SELL |
| SMA (200) | 3.92 | SELL |
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 · Infrastructure Operations
Henan Zhongyuan Expressway Company Limited engages in investment, construction, operation, and management of expressways in China. It operates through Highway Toll Road and Bridge Division; Real Estate Development Division; Investment Business Division; and Others segments. The company operates Airport Expressway, the Zhengzhou-Zhumadian section of the Beijing-Hong Kong-Macau Expressway, the Zhengzhou-Yaoshan section of the Zhengluan-Luan Expressway, Zhengzhou-Minquan Expressway, Shangqiu-Dengfeng Expressway, and Yongcheng section of Dezhou-Shangqiu Expressway. It is also involved in the project investment; investment management, and consulting business; real estate development and sales; software sales and technical services; civil engineering construction; housing rental; venture capital, human resources, and technology promotion and application; and property management businesses. Henan Zhongyuan Expressway Company Limited was founded in 2000 and is based in Zhengzhou, 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.
