Hypercharge Networks Corp

HC.V

Compliant
Exchange
Sector
Headquarters
Group
TSX
Utilities
Canada
Micro cap

Hypercharge Networks Corp is Shariah Compliant. It passes 3/5 Shariah standards we screen against.

1.13%

Impure Income*

$0.000

Purification*

$0.000

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Price Target (Low)
Price Target (High)
Total Analysts
Micro cap
0
$0.00
$0.00
$0.00
0
Revenue Growth
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
49.54%
-264.42%
-260.42%
2.14
2.50
0.00%

Shariah Compliance

Debt
3.48%
Non-Compliant Assets
0.03%
Impure Income
1.13%

AAOIFI Rulebook:

  • Non-compliant Liabilities (like Interest-based Debt) < 30% of Market cap
  • Non-compliant Assets (like Interest-based Investments) < 30% of Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: AAOIFI SS21

Debt
0.72%
Impure Income
1.13%

S&P Sharia Rulebook:

  • Interest-based Debt < 33% of 36-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: S&P Shariah Methodology

Debt
0.79%
Impure Income
1.13%

Dow Jones Islamic Market (DJIM) Rulebook:

  • Interest-based Debt < 33% of 24-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: DJIM Methodology

Debt
3.69%
Cash
28.35%
Cash & AR
56.17%
Impure Income
1.13%

FTSE Shariah Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 50% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: FTSE RUSSELL

Debt
3.69%
Cash
28.35%
Cash & AR
56.17%
Impure Income
1.13%

MSCI Islamic Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 33.33% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: MSCI Islamic Indexes

Impure Income Breakdown

-
-
Interest Income
1.13%

Note on Purification and Zakat:

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

Hypercharge Networks Corp. is a Canada-based company, which operates as a provider of smart electric vehicle (EV) charging solutions in Canada and the United States. Its primary segments are residential markets including multi-unit residential buildings (MURB) and single-family dwellings; commercial markets including workplace, retail and hospitality; public sector including municipalities, universities, healthcare facilities, government services and transit, fleet operators including last-mile delivery, service and automotive dealerships and other commercial trucks. Its EV Charging Software consists of Eevion Integrated Charging and Quantev Operations Suite. Its DC Fast Charging Stations includes ABB Terra Series, Autel MaxiCharger DC, and XCHARGE GridLink. It serves various industries, such as auto dealerships, cities and municipalities, fleets, gas stations, hospitality and hotels, Indigenous communities, new developments, parking lots, retail, workplaces, and apartments and Condos.

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