2018 Q1 Form 10-Q Financial Statement

#000114420418006975 Filed on February 09, 2018

View on sec.gov

Income Statement

Concept 2018 Q1 2017 Q4 2016 Q4
Revenue $8.850M $11.54M $12.62M
YoY Change -27.28% -8.53% 15.46%
Cost Of Revenue $6.720M $7.791M $8.874M
YoY Change -15.58% -12.2% 5.26%
Gross Profit $2.130M $3.752M $3.742M
YoY Change -49.41% 0.28% 49.08%
Gross Profit Margin 24.07% 32.51% 29.65%
Selling, General & Admin $1.690M $1.557M $1.348M
YoY Change 19.86% 15.54% 245.63%
% of Gross Profit 79.34% 41.51% 36.02%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $320.0K $311.0K $338.8K
YoY Change 10.34% -8.22% -50.18%
% of Gross Profit 15.02% 8.29% 9.05%
Operating Expenses $1.680M $1.557M $1.348M
YoY Change 18.31% 15.54% 254.72%
Operating Profit $450.0K $2.195M $2.394M
YoY Change -83.87% -8.32% 12.39%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net -$30.00K $12.24K $4.032K
YoY Change 50.0% 203.67% -140.32%
Pretax Income $420.0K $2.207M $2.390M
YoY Change -84.84% -7.65% 13.27%
Income Tax $1.400M $0.00 $0.00
% Of Pretax Income 333.33% 0.0% 0.0%
Net Earnings -$980.0K $2.207M $2.399M
YoY Change -135.13% -7.99% 12.62%
Net Earnings / Revenue -11.07% 19.12% 19.01%
Basic Earnings Per Share $0.23
Diluted Earnings Per Share -$99.09K $0.23 $273.0K
COMMON SHARES
Basic Shares Outstanding 9.895M shares 9.684M
Diluted Shares Outstanding 9.684M

Balance Sheet

Concept 2018 Q1 2017 Q4 2016 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $8.598M $14.35M $3.007M
Short-Term Investments
Other Short-Term Assets $11.26M $18.92M $4.340M
YoY Change 127.47% 335.94%
Inventory $20.29M $6.722M $8.370M
Prepaid Expenses
Receivables $5.247M $6.755M $8.760M
Other Receivables $50.00K $90.00K $960.0K
Total Short-Term Assets $36.85M $32.48M $22.42M
YoY Change 21.78% 44.88%
LONG-TERM ASSETS
Property, Plant & Equipment $2.820M $2.988M $3.300M
YoY Change -10.78% -9.44%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $3.600M $3.470M $480.0K
YoY Change 650.0% 622.92%
Total Long-Term Assets $6.418M $6.461M $3.780M
YoY Change 76.38% 70.92%
TOTAL ASSETS
Total Short-Term Assets $36.85M $32.48M $22.42M
Total Long-Term Assets $6.418M $6.461M $3.780M
Total Assets $43.27M $38.94M $26.20M
YoY Change 27.65% 48.64%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.777M $1.472M $5.570M
YoY Change -53.41% -73.57%
Accrued Expenses $1.175M $534.1K $440.0K
YoY Change 153.07% 21.4%
Deferred Revenue
YoY Change
Short-Term Debt $980.0K $950.0K $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $7.923M $3.916M $6.970M
YoY Change -33.3% -43.81%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $1.290M
YoY Change
Total Long-Term Liabilities $1.290M $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $7.923M $3.916M $6.970M
Total Long-Term Liabilities $1.290M $0.00 $0.00
Total Liabilities $9.211M $3.916M $7.300M
YoY Change -22.46% -46.35%
SHAREHOLDERS EQUITY
Retained Earnings $30.95M $31.93M
YoY Change 50.69%
Common Stock $9.895K $9.895K
YoY Change 12.6%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $33.75M $34.71M $18.90M
YoY Change
Total Liabilities & Shareholders Equity $43.27M $38.94M $26.20M
YoY Change 27.65% 48.64%

Cashflow Statement

Concept 2018 Q1 2017 Q4 2016 Q4
OPERATING ACTIVITIES
Net Income -$980.0K $2.207M $2.399M
YoY Change -135.13% -7.99% 12.62%
Depreciation, Depletion And Amortization $320.0K $311.0K $338.8K
YoY Change 10.34% -8.22% -50.18%
Cash From Operating Activities -$5.520M $8.970M $5.170M
YoY Change -588.5% 73.5% 776.27%
INVESTING ACTIVITIES
Capital Expenditures -$150.0K -$60.00K -$100.0K
YoY Change 25.0% -40.0% -92.31%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00
YoY Change -100.0%
Cash From Investing Activities -$150.0K -$50.00K -$100.0K
YoY Change -67.39% -50.0% -92.31%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -3.090M 3.590M -6.000M
YoY Change -159.83%
NET CHANGE
Cash From Operating Activities -5.520M 8.970M 5.170M
Cash From Investing Activities -150.0K -50.00K -100.0K
Cash From Financing Activities -3.090M 3.590M -6.000M
Net Change In Cash -8.760M 12.51M -930.0K
YoY Change -1407.46% -1445.16% 30.99%
FREE CASH FLOW
Cash From Operating Activities -$5.520M $8.970M $5.170M
Capital Expenditures -$150.0K -$60.00K -$100.0K
Free Cash Flow -$5.370M $9.030M $5.270M
YoY Change -529.6% 71.35% 178.84%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Amendment Flag
AmendmentFlag
false
dei Document Period End Date
DocumentPeriodEndDate
2017-12-31
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2018
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Entity Registrant Name
EntityRegistrantName
Jerash Holdings (US), Inc.
dei Entity Central Index Key
EntityCentralIndexKey
0001696558
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--03-31
dei Document Type
DocumentType
10-Q
dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
CY2018Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
9895000 shares
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
14345454 USD
CY2017Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3654373 USD
CY2017Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
6755128 USD
CY2017Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
2776314 USD
CY2017Q4 us-gaap Accounts Receivable Related Parties Current
AccountsReceivableRelatedPartiesCurrent
90751 USD
CY2017Q1 us-gaap Accounts Receivable Related Parties Current
AccountsReceivableRelatedPartiesCurrent
2343892 USD
CY2017Q4 us-gaap Due From Other Related Parties Current
DueFromOtherRelatedPartiesCurrent
0 USD
CY2017Q1 us-gaap Due From Other Related Parties Current
DueFromOtherRelatedPartiesCurrent
336746 USD
CY2017Q4 us-gaap Due From Officers Or Stockholders Current
DueFromOfficersOrStockholdersCurrent
0 USD
CY2017Q1 us-gaap Due From Officers Or Stockholders Current
DueFromOfficersOrStockholdersCurrent
692500 USD
CY2017Q4 us-gaap Inventory Net
InventoryNet
6721888 USD
CY2017Q1 us-gaap Inventory Net
InventoryNet
19151609 USD
CY2017Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1206103 USD
CY2017Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1303230 USD
CY2017Q4 us-gaap Assets Current
AssetsCurrent
32483107 USD
CY2017Q1 us-gaap Assets Current
AssetsCurrent
30258664 USD
CY2017Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
3472374 USD
CY2017Q1 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
478388 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2988418 USD
CY2017Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3160242 USD
CY2017Q4 us-gaap Assets
Assets
38943899 USD
CY2017Q1 us-gaap Assets
Assets
33897294 USD
CY2017Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
1472041 USD
CY2017Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
10253053 USD
CY2017Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
534148 USD
CY2017Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
464476 USD
CY2017Q4 cik0001696558 Other Payables Current
OtherPayablesCurrent
962531 USD
CY2017Q1 cik0001696558 Other Payables Current
OtherPayablesCurrent
1161975 USD
CY2017Q4 us-gaap Liabilities Current
LiabilitiesCurrent
3916375 USD
CY2017Q1 us-gaap Liabilities Current
LiabilitiesCurrent
11879504 USD
CY2017Q4 us-gaap Liabilities
Liabilities
3916375 USD
CY2017Q1 us-gaap Liabilities
Liabilities
11879504 USD
CY2017Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2017Q1 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2017Q4 us-gaap Common Stock Value
CommonStockValue
9895 USD
CY2017Q1 us-gaap Common Stock Value
CommonStockValue
8788 USD
CY2017Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
2742158 USD
CY2017Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
1091212 USD
CY2017Q4 us-gaap Retained Earnings Appropriated
RetainedEarningsAppropriated
71699 USD
CY2017Q1 us-gaap Retained Earnings Appropriated
RetainedEarningsAppropriated
71699 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
31928688 USD
CY2017Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
20537889 USD
CY2017Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-38378 USD
CY2017Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-8395 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
34714062 USD
CY2017Q1 us-gaap Stockholders Equity
StockholdersEquity
21701193 USD
CY2017Q4 us-gaap Minority Interest
MinorityInterest
313462 USD
CY2017Q1 us-gaap Minority Interest
MinorityInterest
316597 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
35027524 USD
CY2017Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
22017790 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
38943899 USD
CY2017Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
33897294 USD
CY2017Q4 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
0 USD
CY2016Q4 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
0 USD
us-gaap Revenue From Related Parties
RevenueFromRelatedParties
0 USD
us-gaap Revenue From Related Parties
RevenueFromRelatedParties
23350919 USD
CY2017Q4 cik0001696558 Revenue From Third Parties
RevenueFromThirdParties
11543763 USD
CY2016Q4 cik0001696558 Revenue From Third Parties
RevenueFromThirdParties
12615762 USD
cik0001696558 Revenue From Third Parties
RevenueFromThirdParties
60443400 USD
cik0001696558 Revenue From Third Parties
RevenueFromThirdParties
26517719 USD
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
60443400 USD
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
49868638 USD
CY2017Q4 us-gaap Cost Of Goods Sold
CostOfGoodsSold
7791407 USD
CY2016Q4 us-gaap Cost Of Goods Sold
CostOfGoodsSold
8873825 USD
us-gaap Cost Of Goods Sold
CostOfGoodsSold
44623660 USD
us-gaap Cost Of Goods Sold
CostOfGoodsSold
38672902 USD
CY2017Q4 us-gaap Gross Profit
GrossProfit
3752356 USD
CY2016Q4 us-gaap Gross Profit
GrossProfit
3741937 USD
us-gaap Gross Profit
GrossProfit
15819740 USD
us-gaap Gross Profit
GrossProfit
11195736 USD
CY2017Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1557449 USD
CY2016Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1347946 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
4433102 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
3294057 USD
CY2017Q4 us-gaap Operating Expenses
OperatingExpenses
1557449 USD
CY2016Q4 us-gaap Operating Expenses
OperatingExpenses
1347946 USD
us-gaap Operating Expenses
OperatingExpenses
4433102 USD
us-gaap Operating Expenses
OperatingExpenses
3294057 USD
CY2017Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
2194907 USD
CY2016Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
2393991 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
11386638 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
7901679 USD
CY2017Q4 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-12244 USD
CY2016Q4 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
4032 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1316 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
28463 USD
CY2017Q4 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-12244 USD
CY2016Q4 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
4032 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-1316 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
28463 USD
CY2017Q4 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-26 USD
CY2016Q4 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-8929 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-2845 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-32016 USD
CY2017Q4 us-gaap Net Income Loss
NetIncomeLoss
2207177 USD
CY2016Q4 us-gaap Net Income Loss
NetIncomeLoss
2398888 USD
us-gaap Net Income Loss
NetIncomeLoss
11390799 USD
us-gaap Net Income Loss
NetIncomeLoss
7905232 USD
CY2017Q4 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
53817 USD
CY2016Q4 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
14659 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
30273 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
54065 USD
CY2017Q4 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
2153334 USD
CY2016Q4 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
2375300 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
11357681 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
7819151 USD
CY2017Q4 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-515 USD
CY2016Q4 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-9846 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-3135 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-33746 USD
CY2017Q4 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
2153849 USD
CY2016Q4 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
2385146 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
11360816 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
7852897 USD
CY2017Q4 us-gaap Profit Loss
ProfitLoss
2207151 USD
CY2016Q4 us-gaap Profit Loss
ProfitLoss
2389959 USD
us-gaap Profit Loss
ProfitLoss
11387954 USD
us-gaap Profit Loss
ProfitLoss
7873216 USD
CY2017Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.23
CY2016Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.27
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
1.18
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.9
CY2017Q4 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
9683500 shares
CY2016Q4 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
8787500 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
9683500 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
8787500 shares
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
899277 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1034414 USD
us-gaap Share Based Compensation
ShareBasedCompensation
116578 USD
us-gaap Share Based Compensation
ShareBasedCompensation
0 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
3983634 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
9020668 USD
us-gaap Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
-2252257 USD
us-gaap Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
0 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-12419117 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-8063746 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-95979 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
113561 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-8776539 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
5298243 USD
us-gaap Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
0 USD
us-gaap Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
-5852302 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
70138 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-22793 USD
us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
0 USD
us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
-344696 USD
us-gaap Increase Decrease In Other Accounts Payable
IncreaseDecreaseInOtherAccountsPayable
-198487 USD
us-gaap Increase Decrease In Other Accounts Payable
IncreaseDecreaseInOtherAccountsPayable
-370503 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
10677843 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
6545096 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
730269 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
373055 USD
us-gaap Proceeds From Payments For Long Term Loans For Related Parties
ProceedsFromPaymentsForLongTermLoansForRelatedParties
336746 USD
us-gaap Proceeds From Payments For Long Term Loans For Related Parties
ProceedsFromPaymentsForLongTermLoansForRelatedParties
0 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-393523 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-373055 USD
us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
948193 USD
us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
0 USD
cik0001696558 Due From Shareholders Classified As Financing Activities
DueFromShareholdersClassifiedAsFinancingActivities
692500 USD
cik0001696558 Due From Shareholders Classified As Financing Activities
DueFromShareholdersClassifiedAsFinancingActivities
-692500 USD
us-gaap Proceeds From Repayments Of Restricted Cash Financing Activities
ProceedsFromRepaymentsOfRestrictedCashFinancingActivities
-2996128 USD
us-gaap Proceeds From Repayments Of Restricted Cash Financing Activities
ProceedsFromRepaymentsOfRestrictedCashFinancingActivities
0 USD
us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
1772845 USD
us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
0 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
417410 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-6000000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-10649 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
11041 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
10691081 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
183082 USD
CY2016Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2823974 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3007056 USD
cik0001696558 Warrants Issued To Placement Agent With Private Placement
WarrantsIssuedToPlacementAgentWithPrivatePlacement
161926 USD
cik0001696558 Warrants Issued To Placement Agent With Private Placement
WarrantsIssuedToPlacementAgentWithPrivatePlacement
0 USD
cik0001696558 Prepaid Stock Issuance Cost Netted With Proceeds From Private Placement
PrepaidStockIssuanceCostNettedWithProceedsFromPrivatePlacement
239105 USD
cik0001696558 Prepaid Stock Issuance Cost Netted With Proceeds From Private Placement
PrepaidStockIssuanceCostNettedWithProceedsFromPrivatePlacement
0 USD
CY2016Q4 cik0001696558 Percenage Of Individual Shareholder Transactions
PercenageOfIndividualShareholderTransactions
0.22 pure
CY2017Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
8787500 shares
CY2017Q4 us-gaap Minority Interest Ownership Percentage By Parent
MinorityInterestOwnershipPercentageByParent
1 pure
CY2017Q4 us-gaap Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
111205 USD
CY2016Q4 us-gaap Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
117387 USD
us-gaap Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
508204 USD
us-gaap Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
420820 USD
CY2017Q4 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.14 pure
CY2017Q4 us-gaap Income Tax Holiday Aggregate Dollar Amount
IncomeTaxHolidayAggregateDollarAmount
342254 USD
CY2016Q4 us-gaap Income Tax Holiday Aggregate Dollar Amount
IncomeTaxHolidayAggregateDollarAmount
341349 USD
CY2017Q4 us-gaap Income Tax Holiday Income Tax Benefits Per Share
IncomeTaxHolidayIncomeTaxBenefitsPerShare
0.04
CY2016Q4 us-gaap Income Tax Holiday Income Tax Benefits Per Share
IncomeTaxHolidayIncomeTaxBenefitsPerShare
0.04
us-gaap Income Tax Holiday Aggregate Dollar Amount
IncomeTaxHolidayAggregateDollarAmount
1675086 USD
us-gaap Income Tax Holiday Aggregate Dollar Amount
IncomeTaxHolidayAggregateDollarAmount
1118768 USD
us-gaap Income Tax Holiday Income Tax Benefits Per Share
IncomeTaxHolidayIncomeTaxBenefitsPerShare
0.13
CY2017Q4 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
250000 USD
CY2017Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
3205286 USD
CY2017Q1 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
9265201 USD
CY2017Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
213114 USD
CY2017Q1 us-gaap Inventory Work In Process
InventoryWorkInProcess
1493258 USD
CY2017Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
3303488 USD
CY2017Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
8393150 USD
CY2017Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
7677386 USD
CY2017Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
6998016 USD
CY2017Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
230363 USD
CY2017Q1 us-gaap Construction In Progress Gross
ConstructionInProgressGross
206246 USD
CY2017Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
4919331 USD
CY2017Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
4044020 USD
CY2017Q4 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
310953 USD
CY2016Q4 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
338798 USD
CY2017Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
500000 shares
CY2017Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2017Q2 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
379828 USD
CY2017Q4 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
319156 USD
CY2016Q4 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
281589 USD
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
949120 USD
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
846089 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
825218 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
814139 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
11079 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Four And Five Years
OperatingLeasesFutureMinimumPaymentsDueInFourAndFiveYears
0 USD
CY2017Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2017Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2017Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2017Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
500000 shares
CY2017Q4 us-gaap Income Tax Holiday Description
IncomeTaxHolidayDescription
In accordance with the Investment Encouragement Law, Jerash Garments' export sales to overseas customers are entitled to a 100% income tax exemption for a period of 10 years commencing on the first day of production. This exemption has been extended for 5 years until December 31, 2018.
CY2017Q4 us-gaap Income Tax Holiday Termination Date
IncomeTaxHolidayTerminationDate
December 31, 2018
CY2017Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2017Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2017Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2017Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2017Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2017Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2017Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
15000000 shares
CY2017Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
15000000 shares
CY2017Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
9895000 shares
CY2017Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
9895000 shares
CY2017Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
8787500 shares
CY2017Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
8787500 shares
us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
444475 USD
us-gaap Use Of Estimates
UseOfEstimates
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"><strong>Use of Estimates</strong></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"><strong>&#160;</strong></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">The preparation of the unaudited condensed consolidated financial statements, in conformity with U.S. GAAP, requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period. The Company&#8217;s most significant estimates include allowance for doubtful accounts, valuation of inventory reserve and useful lives of buildings and other property. Actual results could differ from these estimates.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;LINE-HEIGHT: normal; MARGIN: 0in 0in 0pt"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;LINE-HEIGHT: normal; MARGIN: 0in 0in 0pt"> <strong><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> Concentrations and Credit Risk</font></strong></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;LINE-HEIGHT: normal; MARGIN: 0in 0in 0pt"> <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> &#160;</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;LINE-HEIGHT: normal; MARGIN: 0in 0in 0pt"> <u><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">Credit risk</font></u></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;LINE-HEIGHT: normal; MARGIN: 0in 0in 0pt"> <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> &#160;</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;LINE-HEIGHT: normal; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"></font> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;LINE-HEIGHT: normal; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"></font> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;LINE-HEIGHT: normal; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"></font> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;LINE-HEIGHT: normal; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">Financial instruments that potentially subject the Company to significant concentrations of credit risk consist primarily of cash. As of December 31, 2017 and March 31, 2017, $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">5,355,745</font> and $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">3,404,508</font>, respectively, of the Company&#8217;s cash were on deposit at financial institutions in Jordan, where there currently is no rule or regulation requiring such financial institutions to maintain insurance to cover bank deposits in the event of bank failure. As of December 31, 2017 and March 31, 2017, $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">8,988,963</font> and $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">249,865</font>, respectively, of the Company&#8217;s cash were on deposit at financial institutions in Hong Kong and are insured by the Hong Kong Deposit Protection Board subject to certain limitations. While management believes that these financial institutions are of high credit quality, it also continually monitors their credit worthiness. As of December 31, 2017 and March 31, 2017, $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">746</font> and $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">0</font>, respectively, of the Company&#8217;s cash was on deposit in the United States and are insured by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) up to $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">250,000</font>.</font></div> <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">&#160;</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;LINE-HEIGHT: normal; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">Accounts receivable are typically unsecured and derived from revenue earned from customers and therefore, are exposed to credit risk. The risk is mitigated by the Company's assessment of its customers' creditworthiness and its ongoing monitoring of outstanding balances.</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;LINE-HEIGHT: normal; MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 12pt;FONT-FAMILY:Calibri"> &#160;</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <u>Customer and vendor concentration risk</u></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">&#160;</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">Prior to August 2016, substantially all of the Company&#8217;s sales were made to its customers through its affiliates (see Note 7) that are located primarily in the United States (see Note 9). Thereafter, the Company began selling directly to its customers. The Company&#8217;s operating results could be adversely affected by U.S. government policy on exporting business, foreign exchange rate fluctuations, and change of local market conditions. The Company has a concentration of its revenues and purchases with specific customers and suppliers. For the three months ended December 31, 2017, two customers accounted for <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 72</font>% and <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 12</font>%, respectively, of total revenue. For the nine months ended December 31, 2017, two customers accounted for <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 81</font>% and <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 8</font>%, respectively, of total revenue. For the three months ended December 31, 2016, a significant amount of the Company&#8217;s sales and purchases were made through its related parties (see Note 7), and two customers accounted for <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 80</font>% and <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 10</font>%, respectively, of total revenue. For the nine months ended December 31, 2016, one customer accounted for <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 81</font>% of total revenue. As of December 31, 2017, two customers accounted for <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 77</font>% and <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 11</font>%, respectively, of the total accounts receivable balance. As of March 31, 2017, one customer accounted for <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 94</font>% of the total accounts receivable balance.</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <strong>&#160;</strong></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"><font style="COLOR: windowtext">For the three months ended December 31, 2017, the Company purchased approximately <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 62</font>% and <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 12</font>%, respectively, of its raw materials from two major suppliers, Onset Time Limited ("ONSET") and Duck San Enterprise Co., Ltd.&#160;For the nine months ended December 31, 2017, the Company purchased approximately <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 87</font>% of its raw materials from one major supplier, ONSET. For the three months ended December 31, 2016, the Company purchased</font> approximately <font style="COLOR: windowtext"> <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 83</font>%</font> of its raw materials from one major supplier, <font style="COLOR: windowtext">ONSET</font>. <font style="COLOR: windowtext">For the nine months ended December 31, 2016, the Company purchased</font> approximately <font style="COLOR: windowtext"><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 44</font>%, <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">9</font>% and <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 45</font>%</font> of its raw materials from Value Plus (Macao Commercial Offshore) Limited (&#8220;VPMCO&#8221;), Ford Glory International Limited (&#8220;FGIL&#8221;) and ONSET, respectively (see Note 7). As of December 31, 2017, we had a net prepaid balance to the major supplier. As of March 31, 2017, accounts payable to one major supplier accounted for <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 96</font>% of the total accounts payable balance.</div> &#160;</div> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">A loss of any of these customers or suppliers could adversely affect the operating results or cash flows of the Company.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
cik0001696558 Retained Earnings Appropriation Description
RetainedEarningsAppropriationDescription
Appropriations to the statutory reserve are required to be 10% of net income until the reserve is equal to 100% of the entity&#8217;s share capital.
CY2017Q4 us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
0 USD
CY2016Q4 us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
0 USD
us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
0 USD
us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
6061202 USD
CY2016Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
16717487 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
19229138 USD
cik0001696558 Reverse Recapitalization
ReverseRecapitalization
1000 USD
us-gaap Dividends
Dividends
5307500 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
5307500 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
us-gaap Income Tax Holiday Income Tax Benefits Per Share
IncomeTaxHolidayIncomeTaxBenefitsPerShare
0.17
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.14 pure
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
1534475 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
116578 USD
CY2017Q4 us-gaap Supplies
Supplies
3363783 USD
CY2017Q1 us-gaap Supplies
Supplies
0 USD
us-gaap Increase Decrease In Prepaid Supplies
IncreaseDecreaseInPrepaidSupplies
3604797 USD
us-gaap Increase Decrease In Prepaid Supplies
IncreaseDecreaseInPrepaidSupplies
0 USD
CY2017Q4 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
947655 USD
CY2017Q1 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
0 USD

Files In Submission

Name View Source Status
0001144204-18-006975-index-headers.html Edgar Link pending
0001144204-18-006975-index.html Edgar Link pending
0001144204-18-006975.txt Edgar Link pending
0001144204-18-006975-xbrl.zip Edgar Link pending
cik0001696558-20171231.xml Edgar Link completed
cik0001696558-20171231.xsd Edgar Link pending
cik0001696558-20171231_cal.xml Edgar Link unprocessable
cik0001696558-20171231_def.xml Edgar Link unprocessable
cik0001696558-20171231_lab.xml Edgar Link unprocessable
cik0001696558-20171231_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
tv485239_10q.htm Edgar Link pending
tv485239_ex31-1.htm Edgar Link pending
tv485239_ex31-2.htm Edgar Link pending
tv485239_ex32-1.htm Edgar Link pending
tv485239_ex32-2.htm Edgar Link pending