Consumer Discretionary › Apparel And Other Finished Prods Of Fabrics And Similar Material
JRSH Stock Price Correlated With Jerash Holdings US Financials
External Links ⌄
Income Statement
Cash Flow
Balance Sheet
JRSH Income Statement
Enable JavaScript and reload
Revenue, Net:
Cost of Goods & Services Sold:
Gross Profit:
Selling, General & Admin Expense:
Research & Development Expense:
Total Operating Expenses:
Operating Income:
Income Taxes:
Net Income:
JRSH Cash Flow
Enable JavaScript and reload
Operating Activities Net Income:
Depreciation, Depletion & Amortization:
Change in Accounts Receiveable:
Net Cash from Operations:
Repurchases/Buybacks Common Stock:
Issuance of Long-term Debt:
Cash Dividends Paid:
Net Cash from Financing Activities:
Property, Plant & Equipment Purchases:
Purchases of Businesses, Net of Cash:
Net Cash from Investing Activities:
Net Change in Cash & Equivalents:
JRSH Balance Sheet
Enable JavaScript and reload
Cash and Cash Equivalents:
Short-Term Investments:
Accounts Receivable, Net:
Inventories:
Total Current Assets:
Property, Plant & Equipment, Net:
Total Assets:
Accounts Payable:
Current Portion of Long-Term Debt:
Total Short-Term Liabilities:
Long Term Debt, Non-Current Portion:
Total Long-Term Liabilities:
Total Liabilities:
COMPANY PROFILE
NOTE 1 – ORGANIZATION AND DESCRIPTION OF BUSINESS Jerash Holdings (US), Inc. (“Jerash Holdings”)
is a corporation incorporated under the laws of the State of Delaware on January 20, 2016. Jerash Holdings is a parent holding company
with no operations. Jerash Holdings, and its subsidiaries and Variable Interest Entity (“VIE”) are herein collectively referred
to as the “Company.” Jerash Garments and Fashions Manufacturing Company
Limited (“Jerash Garments”) is a wholly owned subsidiary of Jerash Holdings and was established in Amman, the Hashemite Kingdom
of Jordan (“Jordan”), as a limited liability company on November 26, 2000 with a declared capital of 150,000 Jordanian Dinar
(“JOD”) (approximately US$212,000) as of March 31, 2021. Jerash for Industrial Embroidery Company
(“Jerash Embroidery”) and Chinese Garments and Fashions Manufacturing Company Limited (“Chinese Garments”)
were both incorporated in Amman, Jordan, as limited liability companies on March 11, 2013 and June 13, 2013, respectively, each with
a declared capital of JOD 50,000 as of March 31, 2021. Jerash Embroidery and Chinese Garments are wholly owned subsidiaries of
Jerash Garments. Al-Mutafaweq Co. for Garments Manufacturing
Ltd. (“Paramount”) was a contract garment manufacturer that was incorporated in Amman, Jordan, as a limited liability
company on October 24, 2004 with a declared capital of JOD 100,000. On December 11, 2018, Jerash Garments and the sole stockholder
of Paramount entered into an agreement pursuant to which Jerash Garments acquired all of the outstanding shares of stock of
Paramount. Jerash Garments assumed ownership of all of the machinery and equipment owned by Paramount. Paramount had no other
significant assets or liabilities and no operating activities or employees at the time of this acquisition, so this transaction was
accounted for as an asset acquisition. As of June 18, 2019, Paramount became a subsidiary of Jerash Garments. Jerash The First for Medical Supplies
Manufacturing Company Limited (“Jerash The First”) was incorporated in Amman, Jordan, as limited liability company on
July 6, 2020, with a registered capital of JOD 150,000. Jerash The First is engaged in the production of medical supplies in Jordan
and is a wholly owned subsidiary of Jerash Garments. Treasure Success International Limited (“Treasure
Success”) was incorporated on July 5, 2016 in Hong Kong, China, for the primary purpose of employing staff from China to support
Jerash Garments’ operations and is a wholly-owned subsidiary of Jerash Holdings. Victory Apparel (Jordan) Manufacturing
Company Limited (“Victory Apparel”) was incorporated as a limited liability company in Amman, Jordan, on September 18,
2005 with a declared capital of JOD 50,000. Victory Apparel has no significant assets or liabilities or other operating activities
of its own. Although Jerash Garments does not own the equity interest of Victory Apparel, the Company’s president, director,
and significant stockholder, Mr. Choi Lin Hung (“Mr. Choi”), is also a director of Victory Apparel and controls all
decision-making for Victory Apparel along with another significant stockholder of Jerash Garments, Mr. Lee Kian Tjiauw (“Mr.
Lee”), who has the ability to control Victory Apparel’s financial affairs. In addition, Victory Apparel’s equity
at risk is not sufficient to permit it to operate without additional subordinated financial support from Jerash Garments. Based on
these facts, the Company concluded that Jerash Garments has effective control over Victory Apparel due to Mr. Choi’s roles at
both organizations and therefore Victory Apparel is considered a VIE under Accounting Standards Codification (“ASC”)
810-10-05-08A. Accordingly, Jerash Garments consolidates Victory Apparel’s operating results, assets, and liabilities. Jiangmen Treasure Success Business Consultancy
Company Limited (“Jiangmen Treasure Success”) was incorporated on August 28, 2019 under the laws of the People’s Republic
of China (“China”
is a corporation incorporated under the laws of the State of Delaware on January 20, 2016. Jerash Holdings is a parent holding company
with no operations. Jerash Holdings, and its subsidiaries and Variable Interest Entity (“VIE”) are herein collectively referred
to as the “Company.” Jerash Garments and Fashions Manufacturing Company
Limited (“Jerash Garments”) is a wholly owned subsidiary of Jerash Holdings and was established in Amman, the Hashemite Kingdom
of Jordan (“Jordan”), as a limited liability company on November 26, 2000 with a declared capital of 150,000 Jordanian Dinar
(“JOD”) (approximately US$212,000) as of March 31, 2021. Jerash for Industrial Embroidery Company
(“Jerash Embroidery”) and Chinese Garments and Fashions Manufacturing Company Limited (“Chinese Garments”)
were both incorporated in Amman, Jordan, as limited liability companies on March 11, 2013 and June 13, 2013, respectively, each with
a declared capital of JOD 50,000 as of March 31, 2021. Jerash Embroidery and Chinese Garments are wholly owned subsidiaries of
Jerash Garments. Al-Mutafaweq Co. for Garments Manufacturing
Ltd. (“Paramount”) was a contract garment manufacturer that was incorporated in Amman, Jordan, as a limited liability
company on October 24, 2004 with a declared capital of JOD 100,000. On December 11, 2018, Jerash Garments and the sole stockholder
of Paramount entered into an agreement pursuant to which Jerash Garments acquired all of the outstanding shares of stock of
Paramount. Jerash Garments assumed ownership of all of the machinery and equipment owned by Paramount. Paramount had no other
significant assets or liabilities and no operating activities or employees at the time of this acquisition, so this transaction was
accounted for as an asset acquisition. As of June 18, 2019, Paramount became a subsidiary of Jerash Garments. Jerash The First for Medical Supplies
Manufacturing Company Limited (“Jerash The First”) was incorporated in Amman, Jordan, as limited liability company on
July 6, 2020, with a registered capital of JOD 150,000. Jerash The First is engaged in the production of medical supplies in Jordan
and is a wholly owned subsidiary of Jerash Garments. Treasure Success International Limited (“Treasure
Success”) was incorporated on July 5, 2016 in Hong Kong, China, for the primary purpose of employing staff from China to support
Jerash Garments’ operations and is a wholly-owned subsidiary of Jerash Holdings. Victory Apparel (Jordan) Manufacturing
Company Limited (“Victory Apparel”) was incorporated as a limited liability company in Amman, Jordan, on September 18,
2005 with a declared capital of JOD 50,000. Victory Apparel has no significant assets or liabilities or other operating activities
of its own. Although Jerash Garments does not own the equity interest of Victory Apparel, the Company’s president, director,
and significant stockholder, Mr. Choi Lin Hung (“Mr. Choi”), is also a director of Victory Apparel and controls all
decision-making for Victory Apparel along with another significant stockholder of Jerash Garments, Mr. Lee Kian Tjiauw (“Mr.
Lee”), who has the ability to control Victory Apparel’s financial affairs. In addition, Victory Apparel’s equity
at risk is not sufficient to permit it to operate without additional subordinated financial support from Jerash Garments. Based on
these facts, the Company concluded that Jerash Garments has effective control over Victory Apparel due to Mr. Choi’s roles at
both organizations and therefore Victory Apparel is considered a VIE under Accounting Standards Codification (“ASC”)
810-10-05-08A. Accordingly, Jerash Garments consolidates Victory Apparel’s operating results, assets, and liabilities. Jiangmen Treasure Success Business Consultancy
Company Limited (“Jiangmen Treasure Success”) was incorporated on August 28, 2019 under the laws of the People’s Republic
of China (“China”
Free historical financial statements for Jerash Holdings US Inc.. See how revenue, income, cash flow, and balance sheet financials have changed over 23 quarters since 2018. Compare with JRSH stock chart to see long term trends.
Data imported from Jerash Holdings US Inc. SEC filings. Check original filings before making any investment decision.