Qingco Inc QING
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Last Updated: Apr 09, 12:00 AM·OOTC
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Qingco Inc. Stock Analysis QING
United States Consumer Discretionary Nano Cap Qingdao Footwear, Inc. engages in the retailing and designing of footwear products. The company is headquartered in Qingdao, Shandong and currently employs 85 full-time employees. The company went IPO on 2011-12-20. The firm's principal business includes designing and selecting designs for men’s and women's leather shoe lines; sourcing and purchasing contract-manufactured footwear, and selling these lines of footwear under its brand, Hongguan. The company operates a number of stores throughout greater Qingdao. The firm is a retailer and designer of footwear products, and as such it outsources production of its footwear to third party manufacturers. As of December 31, 2010, men’s footwear constituted approximately 60% of revenue. During the year ended December 31, 2010, the Company’s stores accounted for 24% sales. On February 12, 2010, the Company completed a reverse acquisition transaction with Glory Reach International Limited. The firm competes with Jinhou Footwear Company, Liangda Leather Company, Haining Leather Footwear Company and Fude Leather Shoe Company.
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Financial Metrics & Statements of Qingco Inc (QING)
FAQ's for Qingco Inc (QING)
- As of August 2026, Qingco Inc QING is classified as not covered according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Qingco Inc using these criteria to determine its compliance status.
- Muslim investors may consider investing in Qingco Inc if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
- Musaffa determines the Shariah status of Qingco Inc by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of Qingco Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
- You can check the latest Shariah compliance status of Qingco Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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