EHGO
Quality Rating
Eshallgo Inc. (EHGO) is a China-based provider of office equipment sales, leasing, and maintenance services in the Industrials sector. The company demonstrates strong financial ratio compliance with low debt and liquidity levels well below thresholds, though interest income is borderline at 5.38%. Business activities are fully permissible, with no non-compliant revenue sources identified. However, due to its small market capitalization and low liquidity, EHGO is not included in any major Shariah indices, leading to an overall non-compliant classification per index-based determination. Purification is required for dividends, and the compliance quality is rated BBB, reflecting solid fundamentals offset by index exclusion.
Purification Required
Significant purification required - exercise caution
Index Inclusion
Not included in any of S&P Dow Jones Shariah Indices, MSCI Islamic Indices, FTSE Shariah Indices, or Dow Jones Islamic Market (DJIM)
Key Compliance Considerations
- Lack of inclusion in major Shariah indices due to small market cap and liquidity constraints
- Borderline interest income ratio at 5.38%, requiring purification
Debt Ratio
0.0%
Liquidity Ratio
2.9%
Interest Income Ratio
5.4%
Purification
5.38%