Financial Snapshot

Revenue
$130.3M
TTM
Gross Margin
13.01%
TTM
Net Earnings
-$3.558M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
314.39%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$63.46M
Q3 2024
Cash
Q3 2024
P/E
-11.92
Nov 29, 2024 EST
Free Cash Flow
-$4.218M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue $117.2M $138.1M $143.4M $90.21M $93.02M $84.98M $69.30M $62.04M $52.56M $42.87M
YoY Change -15.12% -3.69% 58.91% -3.02% 9.46% 22.64% 11.69% 18.04% 22.6%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue $117.2M $138.1M $143.4M $90.21M $93.02M $84.98M $69.30M $62.04M $52.56M $42.87M
Cost Of Revenue $100.3M $116.3M $116.0M $74.21M $75.04M $66.21M $51.34M $46.64M $39.91M $35.19M
Gross Profit $16.90M $21.79M $27.33M $16.00M $17.98M $18.78M $17.95M $15.40M $12.65M $7.680M
Gross Profit Margin 14.42% 15.78% 19.07% 17.74% 19.33% 22.09% 25.91% 24.83% 24.07% 17.91%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Selling, General & Admin $16.58M $16.96M $16.84M $10.61M $10.32M $8.835M $6.002M $4.705M $3.570M $2.960M
YoY Change -2.24% 0.7% 58.71% 2.83% 16.81% 47.18% 27.56% 31.81% 20.61%
% of Gross Profit 98.1% 77.84% 61.62% 66.33% 57.4% 47.05% 33.43% 30.55% 28.22% 38.54%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.540M $2.431M $2.149M $1.619M $1.520M $1.256M $1.217M $1.323M $1.010M $730.0K
YoY Change 4.49% 13.09% 32.8% 6.48% 21.04% 3.19% -8.01% 30.98% 38.36%
% of Gross Profit 15.03% 11.16% 7.86% 10.12% 8.45% 6.69% 6.78% 8.59% 7.98% 9.51%
Operating Expenses $17.57M $17.37M $16.84M $10.61M $10.32M $12.43M $6.119M $4.705M $3.570M $2.960M
YoY Change 1.11% 3.16% 58.71% 2.83% -16.96% 103.11% 30.04% 31.81% 20.61%
Operating Profit -$665.0K $4.415M $10.49M $5.387M $7.660M $6.349M $11.83M $10.70M $9.080M $4.720M
YoY Change -115.06% -57.91% 94.71% -29.68% 20.66% -46.36% 10.62% 17.82% 92.37%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Interest Expense -$1.204M $768.1K $210.6K
YoY Change -256.69% 264.78%
% of Operating Profit 17.4% 2.01%
Other Income/Expense, Net $1.748M -$331.1K -$44.68K $108.5K -$20.00K $23.80K -$31.37K $50.32K -$70.00K -$20.00K
YoY Change -627.99% 641.11% -141.18% -642.55% -184.03% -175.88% -162.34% -171.88% 250.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Pretax Income -$1.369M $4.084M $10.44M $5.495M $7.640M $6.372M $11.80M $10.65M $9.010M $4.710M
YoY Change -133.53% -60.9% 90.05% -28.07% 19.89% -46.01% 10.85% 18.18% 91.3%
Income Tax $672.5K $1.664M $2.524M $1.346M $1.170M $1.261M $1.400M $0.00 $0.00
% Of Pretax Income 40.75% 24.17% 24.49% 15.31% 19.79% 11.86% 0.0% 0.0%
Net Earnings -$2.006M $2.420M $7.920M $4.150M $6.480M $5.112M $10.41M $10.69M $9.080M $4.770M
YoY Change -182.9% -69.45% 90.85% -35.96% 26.75% -50.89% -2.64% 17.76% 90.36%
Net Earnings / Revenue -1.71% 1.75% 5.52% 4.6% 6.97% 6.02% 15.02% 17.23% 17.28% 11.13%
Basic Earnings Per Share -$0.16 $0.19 $0.67 $0.46 $1.07
Diluted Earnings Per Share -$0.16 $0.19 $665.6K $366.4K $566.4K $0.45 $1.07 $1.216M $1.033M $542.7K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Cash & Short-Term Investments $12.43M $17.80M $25.68M $21.12M $26.13M
YoY Change -30.18% -30.67% 21.54% -19.15%
Cash & Equivalents
Short-Term Investments $0.00 $500.0K $0.00
Other Short-Term Assets $5.832M $4.481M $4.518M $6.081M $4.880M $30.25M $11.26M $4.950M $4.040M $3.790M
YoY Change 30.16% -0.83% -25.7% 24.61% -83.87% 168.65% 127.47% 22.52% 6.6%
Inventory $27.24M $32.66M $28.26M $25.04M $22.63M $21.07M $20.29M $19.15M $16.51M $13.62M
Prepaid Expenses
Receivables $5.418M $2.241M $11.05M $12.03M $5.340M $4.020M $5.250M $2.780M $0.00 $30.00K
Other Receivables $0.00 $104.3K $374.4K $379.7K $0.00 $0.00 $50.00K $3.370M $0.00 $0.00
Total Short-Term Assets $50.92M $57.28M $69.87M $64.65M $58.98M $55.35M $36.85M $30.26M $20.56M $17.44M
YoY Change -11.11% -18.02% 8.07% 9.62% 6.56% 50.2% 21.78% 47.18% 17.89%
Property, Plant & Equipment $26.26M $23.33M $12.76M $7.296M $7.320M $2.360M $2.820M $3.160M $3.990M $2.680M
YoY Change 12.55% 82.85% 74.88% -0.33% 210.17% -16.31% -10.76% -20.8% 48.88%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $2.569M $2.605M $2.180M $1.298M $1.180M $1.540M $3.600M $480.0K $480.0K $480.0K
YoY Change -1.4% 19.54% 67.9% 10.01% -23.38% -57.22% 650.0% 0.0% 0.0%
Total Long-Term Assets $29.33M $26.44M $15.44M $8.594M $8.500M $3.900M $6.420M $3.640M $4.460M $3.150M
YoY Change 10.94% 71.23% 79.63% 1.11% 117.95% -39.25% 76.37% -18.39% 41.59%
Total Assets $80.25M $83.72M $85.31M $73.25M $67.48M $59.25M $43.27M $33.90M $25.02M $20.59M
YoY Change
Accounts Payable $6.340M $5.783M $4.840M $7.923M $6.380M $3.380M $4.780M $10.25M $270.0K $120.0K
YoY Change 9.64% 19.47% -38.91% 24.18% 88.76% -29.29% -53.37% 3696.3% 125.0%
Accrued Expenses $4.547M $3.412M $3.855M $2.732M $2.460M $1.540M $1.180M $460.0K $470.0K $580.0K
YoY Change 33.25% -11.49% 41.11% 11.05% 59.74% 30.51% 156.52% -2.13% -18.97%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $612.7K $0.00 $650.0K $980.0K $0.00 $0.00 $0.00
YoY Change -100.0% -100.0% -33.67%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $14.78M $14.45M $14.14M $14.83M $10.85M $7.590M $7.920M $11.88M $8.300M $12.92M
YoY Change 2.3% 2.2% -4.67% 36.66% 42.95% -4.17% -33.33% 43.13% -35.76%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $1.036M $1.039M $1.871M $2.030M $1.880M $1.400M $1.290M
YoY Change -0.28% -44.49% -7.81% 7.97% 34.29% 8.53%
Total Long-Term Liabilities $1.036M $1.039M $1.871M $2.030M $1.880M $1.400M $1.290M $0.00 $0.00 $0.00
YoY Change -0.28% -44.49% -7.81% 7.97% 34.29% 8.53%
Total Liabilities $15.86M $15.49M $16.01M $16.86M $13.03M $9.300M $9.520M $12.20M $8.670M $13.35M
YoY Change 2.42% -3.26% -5.05% 29.37% 40.11% -2.31% -21.97% 40.72% -35.06%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Basic Shares Outstanding 12.29M shares 12.64M shares 11.82M shares 11.20M 9.736M
Diluted Shares Outstanding 12.29M shares 12.68M shares 11.90M shares 11.33M 9.736M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $42.417 Million

About Jerash Holdings (US), Inc.

Jerash Holdings (US), Inc. engages in the manufacturing and exporting of customized, ready-made sportswear, and outerwear from knitted fabric and personal protective equipment. The company is headquartered in Fairfield, New Jersey and currently employs 5,600 full-time employees. The company went IPO on 2018-05-04. The firm manufactures for global brands and retailers, including VF Corporation, which owns brands such as The North Face, Timberland and Vans; New Balance, G-III, which licenses brands such as Calvin Klein, Tommy Hilfiger, DKNY and Guess; American Eagle, and Skechers. The company specializes in manufacturing sportswear and outerwear. Its sportswear and outerwear product offering consists of jackets, polo shirts, t-shirts, pants, and shorts. Its personal protective equipment (PPE) product offering consists of branded (washable) and disposable face masks, medical scrubs, protective coveralls, and surgical gowns. Its production facilities comprise six factory units and four warehouses. Total annual capacity at the Company's facilities is approximately 14 million pieces (average for product categories including t-shirts, polo shirts, pants, shorts, and jackets, and excluding PPE).

Industry: Apparel & Other Finishd Prods of Fabrics & Similar Matl Peers: VINCE HOLDING CORP. CHARLES & COLVARD LTD DELTA APPAREL, INC Forward Industries, Inc. LAKELAND INDUSTRIES INC SUPERIOR GROUP OF COMPANIES, INC. Toughbuilt Industries, Inc V F CORP Vera Bradley, Inc.