Jerash Holdings (US) Inc. (JRSH) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
260 EAST MAIN STREET ROCHESTER, NY 14604 |
| State of Incorp. | DE |
| Fiscal Year End | March 31 |
| Industry (SIC) | 23 - Apparel And Other Finished Products Made From Fabrics And Similar Materials (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2024 MRQ | 3/31/2024 | 12/31/2023 MRQ | 3/31/2023 | 3/31/2022 | 3/31/2021 | 3/31/2020 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 12,428 | 19,618 | 17,802 | 25,176 | 21,126 | 26,130 | |||
| Cash and cash equivalents | 12,428 | 19,618 | 17,802 | 25,176 | 21,126 | 26,130 | |||
| Restricted cash and investments | 715 | ||||||||
| Receivables | 5,418 | 8,473 | 2,257 | 11,423 | 12,413 | 5,336 | |||
| Inventory, net of allowances, customer advances and progress billings | 27,242 | 15,938 | 32,657 | 28,255 | 25,036 | 22,634 | |||
| Inventory | 27,242 | 15,938 | 32,657 | 28,255 | 25,036 | 22,634 | |||
| Prepaid expense | |||||||||
| Advances on inventory purchases | 3,086 | 2,644 | 1,533 | 1,285 | 3,037 | 2,116 | |||
| Other undisclosed current assets | 2,746 | 2,735 | 3,035 | 3,734 | 2,329 | 2,762 | |||
| Total current assets: | 50,920 | 49,407 | 57,284 | 69,873 | 64,656 | 58,978 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 1,259 | 542 | 975 | 1,826 | 1,597 | 1,147 | |||
| Property, plant and equipment | 24,998 | 24,797 | 22,356 | 10,933 | 5,700 | 6,174 | |||
| Intangible assets, net (including goodwill) | 499 | 499 | 499 | 499 | |||||
| Goodwill | 499 | 499 | 499 | 499 | |||||
| Deposits noncurrent assets | 802 | 783 | 842 | 420 | 129 | 253 | |||
| Restricted cash and investments | 1,608 | 1,609 | 1,610 | 1,407 | 1,021 | 786 | |||
| Deferred income tax assets | 154 | 353 | 149 | 140 | |||||
| Other undisclosed noncurrent assets | 158 | 154 | |||||||
| Total noncurrent assets: | 29,326 | 28,383 | 26,435 | 15,438 | 8,594 | 8,501 | |||
| TOTAL ASSETS: | 80,246 | 77,790 | 83,719 | 85,311 | 73,250 | 67,479 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 10,516 | 5,300 | 8,713 | 10,817 | 12,059 | 9,710 | |||
| Taxes payable | ✕ | ✕ | ✕ | ✕ | 2,861 | 1,803 | 1,088 | ||
| Accounts payable | 6,340 | 2,402 | 5,783 | 4,840 | 7,923 | 6,376 | |||
| Accrued liabilities | 4,176 | 2,898 | 2,931 | 3,116 | 2,333 | 2,245 | |||
| Deferred revenue | 10 | 1 | 928 | ||||||
| Debt | 2,235 | 1,620 | 613 | 210 | |||||
| Due to related parties | ✕ | ✕ | ✕ | 300 | |||||
| Other undisclosed current liabilities | 2,018 | 2,017 | 4,805 | 3,018 | 1,855 | 930 | |||
| Total current liabilities: | 14,779 | 8,937 | 14,446 | 14,136 | 14,527 | 10,850 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation: | 869 | 936 | 650 | ||||||
| Liabilities, other than long-term debt, including: | 1,036 | 614 | 928 | 1,002 | 1,094 | 1,228 | |||
| Accounts payable and accrued liabilities | 417 | 417 | 751 | 1,002 | 1,094 | 1,228 | |||
| Operating lease, liability | 618 | 196 | 287 | 869 | 936 | 650 | |||
| Other undisclosed liabilities, other than long-term debt | (110) | ||||||||
| Other undisclosed noncurrent liabilities | 110 | ||||||||
| Total noncurrent liabilities: | 1,036 | 614 | 1,039 | 1,871 | 2,030 | 1,878 | |||
| Total liabilities: | 15,815 | 9,551 | 15,485 | 16,007 | 16,557 | 12,728 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 64,386 | 68,145 | 68,234 | 69,304 | 56,391 | 54,448 | |||
| Common stock | 13 | 13 | 13 | 12 | 11 | 11 | |||
| Treasury stock, value | (1,169) | (1,169) | (1,169) | ||||||
| Additional paid in capital | 23,917 | 23,659 | 22,931 | 22,517 | 15,301 | 15,235 | |||
| Accumulated other comprehensive income (loss) | (492) | (179) | (123) | 127 | (16) | (8) | |||
| Retained earnings | 41,704 | 45,411 | 46,172 | 46,268 | 40,748 | 39,210 | |||
| Other additional capital | 411 | 411 | 379 | 346 | |||||
| Other undisclosed equity, attributable to parent | 414 | ||||||||
| Equity, attributable to noncontrolling interest | 44 | 94 | 302 | 303 | |||||
| Total equity: | 64,431 | 68,239 | 68,234 | 69,304 | 56,693 | 54,751 | |||
| TOTAL LIABILITIES AND EQUITY: | 80,246 | 77,790 | 83,719 | 85,311 | 73,250 | 67,479 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2024 TTM | 3/31/2024 | 12/31/2023 TTM | 3/31/2023 | 3/31/2022 | 3/31/2021 | 3/31/2020 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 117,187 | 119,387 | 138,063 | 143,355 | 90,213 | 93,024 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (100,285) | (101,532) | (116,274) | (116,023) | (74,214) | (75,041) | ||
| Gross profit: | 16,902 | 17,855 | 21,790 | 27,332 | 15,999 | 17,984 | ||
| Operating expenses | (17,567) | (17,330) | (17,375) | (16,843) | (10,614) | (10,318) | ||
| Operating income (loss): | (665) | 525 | 4,415 | 10,489 | 5,386 | 7,665 | ||
| Nonoperating income (expense) | (704) | (389) | 437 | (45) | 109 | (21) | ||
| Other nonoperating income (expense) | (704) | 359 | 437 | (45) | 109 | (21) | ||
| Interest and debt expense | (1,251) | (768) | ||||||
| Other undisclosed income from continuing operations before equity method investments, income taxes | ||||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (1,369) | (1,115) | 4,084 | 10,444 | 5,494 | 7,644 | ||
| Other undisclosed income from continuing operations before income taxes | 983 | |||||||
| Income (loss) from continuing operations before income taxes: | (1,369) | (132) | 4,084 | 10,444 | 5,494 | 7,644 | ||
| Income tax expense (benefit) | (672) | (757) | (1,664) | (2,524) | (1,346) | (1,175) | ||
| Income (loss) from continuing operations: | (2,042) | (888) | 2,420 | 7,920 | 4,149 | 6,470 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | 7,920 | 4,149 | 6,470 | |
| Other undisclosed net income | 1 | |||||||
| Net income (loss): | (2,042) | (887) | 2,420 | 7,920 | 4,149 | 6,470 | ||
| Net income (loss) attributable to noncontrolling interest | 36 | (16) | 1 | 6 | ||||
| Other undisclosed net income attributable to parent | ||||||||
| Net income (loss) attributable to parent: | (2,006) | (903) | 2,420 | 7,920 | 4,150 | 6,475 | ||
| Other undisclosed net income (loss) available to common stockholders, basic | 1 | (0) | ||||||
| Net income (loss) available to common stockholders, diluted: | (2,005) | (903) | 2,420 | 7,920 | 4,150 | 6,475 | ||
Comprehensive Income ($ in thousands)
| 9/30/2024 TTM | 3/31/2024 | 12/31/2023 TTM | 3/31/2023 | 3/31/2022 | 3/31/2021 | 3/31/2020 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (2,042) | (887) | 2,420 | 7,920 | 4,149 | 6,470 | ||
| Other comprehensive income (loss) | (369) | |||||||
| Other undisclosed comprehensive income (loss) | (57) | (8) | 6 | |||||
| Comprehensive income (loss): | (2,411) | (943) | 2,420 | 7,920 | 4,141 | 6,476 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 36 | (13) | 1 | 6 | ||||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 46 | (250) | 143 | (1) | (6) | |||
| Comprehensive income (loss), net of tax, attributable to parent: | (2,375) | (911) | 2,169 | 8,063 | 4,141 | 6,476 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.