Jerash holdings (US) Inc

Jerash Holdings (US), Inc. operates as a holding company. It engages in manufacturing customized ready-made outerwear from knitted fabric and exporting produced apparel for retailers such as Walmart, Costco, Sears, Hanes, Columbia, Land's End, VF Corp., and Philip-Van Heusen. The firm offers trousers and urban styling outerwear and different types of natural and synthetic materials. The company was founded in January 2016 and is headquartered in Fairfield, NJ.

Earnings data Q1 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Jerash Holdings (US), Inc. engages in the manufacturing and exporting of customized, ready-made sportswear, and outerwear from knitted fabric and personal protective equipment. It operates through the United States, Hong Kong, Jordan, and Others geographical segments. The company was founded in January 2016 and is headquartered in Fairfield, NJ.

Transaction Complements Previously Announced Acquisition of MK Garments' Manufacturing Factory FAIRFIELD, NJ / ACCESSWIRE / July 20, 2021 / Jerash Holdings (US), Inc. (NASDAQ:JRSH) (the "Company" or "Jerash"), which manufactures and exports custom, ready-made, sports and outerwear for leading global brands, today announced its wholly owned subsidiary, Jerash Garments and Fashions Manufacturing Co., Ltd., has signed a definitive agreement with Kawkab Venus Al Dowalyah Lisenaet Albesah to acquire the physical premises of the previously announced MK Garments manufacturing factory, in Amman, Jordan, for $2.7 million in cash.

Jerash Holdings Signs Definitive Agreement to Acquire Land and Building

BEST Inc - ADR

Micro Focus International PLC

Marinus Pharmaceuticals

Sabre

BEST, JRSH, MRNS, MFGP and SABR have been added to the Zacks Rank #5 (Strong Sell) List on July 9, 2021.

New Strong Sell Stocks for July 9th

Patterson Companies

Upwork Inc

PDCO, SABR, JRSH, UPWK, and THMO have been added to the Zacks Rank #5 (Strong Sell) List on July 2, 2021

New Strong Sell Stocks for July 2nd

Jerash Holdings Inc (NASDAQ: JRSH) has announced its subsidiary Jerash Garments and Fashions Manufacturing Co Ltd has agreed to buy MK Garments Mfg Co (Jordan) for about $2.8 million in cash. The transaction is expected to close in August 2021.

Jerash To Acquire MK Garments For $2.8M Cash

FAIRFIELD, NJ / ACCESSWIRE / June 29, 2021 / Jerash Holdings (US), Inc. (NASDAQ:JRSH) (the "Company" or "Jerash"), which manufactures and exports custom, ready-made, sports and outerwear for leading global brands, today announced its wholly owned subsidiary Jerash Garments and Fashions Manufacturing Co., Ltd. had signed a definitive agreement with MK Garments MFG Co. Jordan to acquire Mustafa and Kamal Ashraf Trading Company (Jordan) for the Manufacture of Ready-Made Clothes LLC.

Jerash Holdings Signs Definitive Agreement to Acquire Manufacturing Factory; Expected to Increase Annual Production Capacity by about 20%

Jerash Holdings Inc (NASDAQ: JRSH) reported fourth-quarter FY21 sales of $23.8 million, up 65% year-on-year, beating the consensus estimate of $20 million. The increase in sales was mainly due to higher shipments and pandemic-related effects in the prior year period.

Jerash Reports Mixed Q4 Earnings, Gets Analyst Price Target Bump

Jerash Holdings (US), Inc. (JRSH) CEO Sam Choi on Q4 2021 Results - Earnings Call Transcript

Shares of Jerash Holdings (US) (NASDAQ:JRSH) were flat in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share increased 185.71% over the past year to $0.06, which missed the estimate of $0.10.

Jerash Holdings: Q4 Earnings Insights

FAIRFIELD, NJ / ACCESSWIRE / June 22, 2021 / Jerash Holdings (US), Inc. (NASDAQ:JRSH), a producer of high-quality textile goods for leading global brands, today announced financial results for its fiscal 2021 fourth quarter and full year, ended March 31, 2021. Fourth Quarter Highlights - Fiscal 2021 Versus Fiscal 2020 Revenue of $23.8 million, an increase of 65 percent, reflecting higher shipments and the addition of new customers Gross profit of $4.7 million, an increase of 271 percent, due to higher revenue and gross margin Gross margin of 19.6 percent, reflecting improved product mix Net income of $680,000 vs.

Jerash Holdings Reports Fiscal 2021 Fourth Quarter and Full Year Financial Results; Provides Fiscal 2022 Outlook

FAIRFIELD, NJ / ACCESSWIRE / June 15, 2021 / Jerash Holdings (US), Inc. (NASDAQ:JRSH) (the "Company" or "Jerash"), which manufactures and exports custom, ready-made, sports and outerwear for leading global brands, today announced it will release its financial results for fiscal year ended March 31, 2021, before the market opens on Tuesday, June 22, 2021. The Company will host an investor conference call the same day.

Jerash Holdings to Report Financial Results for Fiscal 2021 Fourth Quarter and Full Year on Tuesday, June 22, 2021

FAIRFIELD, NJ / ACCESSWIRE / May 10, 2021 / Jerash Holdings (US), Inc. (NASDAQ:JRSH), which manufactures and exports custom, ready-made, sports and outerwear for leading global brands, today announced that Gilbert Lee, its chief financial officer, will present at the Sidoti Microcap Virtual Investor Conference May 20, 2021 at 10:45 a.m. ET. The presentation can be accessed live at https://sidoti.zoom.us/webinar/register/WN_kpalhyaARxqwQC18fPEApA, or from Jerash's website at www.jerashholidngs.com, under Investor Relations, where it also will be archived.

Jerash Holdings to Present at Sidoti Microcap Virtual Investor Conference, May 20 at 10:45 a.m. ET

Project to Replace Existing Leased Building and Provide for Expansion to Meet Growing Product Demand FAIRFIELD, NJ / ACCESSWIRE / April 19, 2021 / Jerash Holdings (US), Inc. (NASDAQ:JRSH) (the "Company" or "Jerash"), which manufactures and exports custom, ready-made, sports and outerwear for leading global brands, today announced that construction is beginning this month on a 189,000 square-foot housing facility for its multi-national workforce, situated on a 49,000 square-foot site owned by the Company, in Al Tajamouat Industrial City, Jordan. Completion and occupancy of the new building is anticipated by mid-2022.

Jerash Holdings to Start Construction of Housing Facility for Approximately 3,000 Multi-National Employees in Jordan

JRSH is an overlooked Jordanian micro-cap clothing manufacturer for leading brands. The company grows consistently, is loaded with cash, and has a unique moat.

Jerash Holdings: A Clothing Manufacturer At A Discount

FAIRFIELD, N.J., March 11, 2021 (GLOBE NEWSWIRE) -- Jerash Holdings (US), Inc. (Nasdaq: JRSH) (the “Company” or “Jerash”), a producer of high-quality textile goods for leading global brands, today announced that Gilbert Lee, CFO, will be attending the Q1 Virtual Investor Summit. Management will conduct an overview presentation available on the investor relations section of Jerash's website, www.jerashholdings.com , and be available for one-on-one investor meetings throughout the day.

Jerash Holdings Inc. to present at the Q1 Virtual Investor Summit

Jerash Holdings (US), Inc. (JRSH) CEO Choi Lin Hung on Q3 2021 Results - Earnings Call Transcript

Shares of Jerash Holdings (US) (NASDAQ:JRSH) decreased 6.4% in pre-market trading after the company reported Q3 results. Quarterly Results Earnings per share were down 94.44% over the past year to $0.01, which missed the estimate of $0.03.

Recap: Jerash Holdings (US) Q3 Earnings

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Are Investors Undervaluing Jerash Holdings US, Inc. (JRSH) Right Now?

FAIRFIELD, NJ / ACCESSWIRE / December 21, 2020 / Jerash Holdings (US), Inc. (Nasdaq:JRSH) (the "Company" or "Jerash"), a producer of high-quality textile goods for leading global brands, today announced that it continues to expand its highly-recognized environmental, social, and corporate governance ("ESG") efforts with multiple new environmental initiatives. "Jerash has a long history in ESG by simply adopting the mantra that doing what is best for our employees and local communities is what is best for our business," said Sam Choi, Chairman and CEO of Jerash Holdings.

Jerash Holdings Expands ESG Initiatives with New Environmental Programs

At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in ( Recession is Imminent: We Need A Travel Ban NOW ). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. In this article, we will take a closer look at hedge fund sentiment towards Jerash Holdings (US), Inc. (NASDAQ:JRSH).

Is Jerash Holdings (JRSH) A Good Stock To Buy?

Jerash Holdings (US), Inc. (JRSH) CEO Sam Choi on Q2 2021 Results - Earnings Call Transcript

Shares of Jerash Holdings (US) (NASDAQ:JRSH) remained unaffected after the company reported Q2 results. Quarterly Results Earnings per share decreased 25.81% year over year to $0.23, which beat the estimate of $0.15.

Recap: Jerash Holdings Q2 Earnings

Jerash Holdings is an overlooked microcap company that engages in the manufacturing and exporting of sport and outerwear apparel. Jerash supplies to very well-known brands such as The North Face, New Balance, Hanes, and American Eagle.

Jerash Holdings Deserves A Place In Your Portfolio

Jerash Holdings: Major Financial Trends Remain Bullish

Jerash Holdings (US), Inc. (JRSH) Management on Q1 2021 Results - Earnings Call Transcript

Shares of Jerash Holdings (US) (NASDAQ:JRSH) gained 13% in pre-market trading after the company reported Q1 results.

News for Jerash holdings (US) Inc Stock (JRSH)