Jerash Holdings (US), Inc.
Business
Jerash Holdings is a manufacturer of customized sportswear and outerwear from knitted fabric produced in Jordan for major global brands and retailers including VF Corporation, New Balance, G-III, Hugo Boss, American Eagle, and Acushnet. The company produces jackets, polo shirts, t-shirts, pants, shorts, and vests across eight factories and six warehouses in Jordan, with annual capacity of approximately 24 million pieces. Operations are organized through Jordanian manufacturing subsidiaries, Hong Kong and China-based sales and support entities, and joint ventures focused on garment trading and specialty fabrics.
Summary from 10-K filed 2026-06-18
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2026 2026-03-31 | FY 2025 2025-03-31 | FY 2024 2024-03-31 | FY 2023 2023-03-31 | FY 2022 2022-03-31 |
|---|---|---|---|---|---|---|
| Revenue, net | 166 | 146 | 117 | 138 | 143 | |
| Cost of goods sold | 139 | 123 | 100 | 116 | 116 | |
| Gross Profit | 27 | 22 | 17 | 22 | 27 | |
| Selling, general, and administrative expenses | 20 | 19 | 17 | 17 | 16 | |
| Stock-based compensation expenses | 904,171 | 2 | 986,048 | 413,900 | 947,079 | |
| Total Operating Expenses | 20 | 21 | 18 | 17 | 17 | |
| Income from Operations | 6 | 1 | −664,955 | 4 | 10 | |
| Interest expenses | −2 | −2 | −1 | — | — | |
| Other income, net | 45,416 | 424,108 | 499,120 | 437,002 | 165,893 | |
| Total other expenses, net | −2 | −1 | −704,476 | −331,129 | −44,683 | |
| Net income before provision for income taxes | 5 | 151,191 | −1 | 4 | 10 | |
| Income tax expenses | 1 | 991,120 | 672,495 | 2 | 3 | |
| Net income (loss) | 4 | −839,929 | −2 | 2 | 8 | |
| Net income attributable to noncontrolling interest | 89,802 | 8,440 | 36,024 | — | — | |
| Net income (loss) attributable to Jerash Holdings (US), Inc.s Common Stockholders | 4 | −848,369 | −2 | 2 | 8 | |
| Foreign currency translation gain (loss) | 48,369 | −20,803 | — | −250,374 | 143,046 | |
| Total Comprehensive Income (Loss) | 4 | −860,732 | −2 | 2 | — | |
| Comprehensive income attributable to noncontrolling interest | 89,802 | 8,440 | 36,024 | — | — | |
| Comprehensive Income (Loss) Attributable to Jerash Holdings (US), Inc.s Common Stockholders | 4 | −869,172 | −2 | 2 | 8 | |
| Basic (in Dollars per share) | 0.28 | −0.07 | −0.16 | 0.19 | 0.67 | |
| Diluted (in Dollars per share) | 0.27 | −0.07 | −0.16 | 0.19 | 0.67 | |
| Basic (in Shares) | 13 | 12 | 12 | 13 | 12 | |
| Diluted (in Shares) | 13 | 12 | 12 | 13 | 12 | |
| Dividend per share (in Dollars per share) | 0.2 | 0.2 | 0.2 | 0.2 | — |
Consolidated Balance Sheet
| Concept | Trend | FY 2026 2026-03-31 | FY 2025 2025-03-31 | FY 2024 2024-03-31 | FY 2023 2023-03-31 | FY 2022 2022-03-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 11 | 13 | 12 | 18 | 25 | |
| Accounts receivable, net | 6 | 3 | 5 | 2 | 11 | |
| Inventories | 30 | 28 | 27 | 33 | 28 | |
| Prepaid expenses and other current assets | 3 | 4 | 3 | 3 | 3 | |
| Advances to suppliers, net | 9 | 7 | 3 | — | — | |
| Total Current Assets | 58 | 54 | 51 | 57 | 70 | |
| Restricted cash - non-current | 2 | 2 | 2 | 2 | 1 | |
| Long-term deposits | 834,686 | 464,934 | 802,306 | 841,628 | 419,597 | |
| Property, plant, and equipment, net | 27 | 25 | 25 | 22 | 11 | |
| Goodwill | 499,282 | 499,282 | 499,282 | 499,282 | 499,282 | |
| Operating lease right of use assets | 1 | 850,172 | 1 | 974,761 | 2 | |
| Total Assets | 90 | 83 | 80 | 84 | 85 | |
| Credit facilities | 5 | 5 | — | — | — | |
| Accounts payable | 7 | 7 | 6 | 6 | 5 | |
| Accrued expenses | 6 | 4 | 4 | 3 | 3 | |
| Income tax payable - current | 1 | 1 | 2 | — | — | |
| Uncertain tax provision | — | 175,290 | — | — | — | |
| Other payables | 2 | 2 | 2 | 1 | — | |
| Deferred revenue | 241,357 | 487,004 | 10,200 | 928,393 | — | |
| Bank loan - current | 58,766 | — | — | — | — | |
| Operating lease liabilities - current | 319,910 | 339,699 | 370,802 | 481,502 | 739,101 | |
| Total Current Liabilities | 22 | 20 | 15 | 14 | 14 | |
| Deferred tax liabilities, net | 73 | 120 | — | — | — | |
| Operating lease liabilities - non-current | 539,183 | 287,527 | 618,302 | 287,247 | 869,313 | |
| Bank Loan -non current | 3 | — | — | — | — | |
| Total Liabilities | 25 | 20 | 16 | 15 | 16 | |
| Commitments and Contingencies (Note 16) | — | — | — | — | — | |
| Preferred stock, $0.001 par value; 500,000 shares authorized; none issued and outstanding | — | — | — | — | — | |
| Common stock, $0.001 par value; 30,000,000 shares authorized; 12,939,418 shares issued; 12,699,940 shares outstanding as of March 31, 2026 and 2025, respectively | 12,939 | 12,939 | 12,534 | 12,534 | 12,334 | |
| Additional paid-in capital | 27 | 26 | 24 | 23 | 23 | |
| Treasury stock, 239,478 shares | −1 | −1 | −1 | −1 | — | |
| Statutory reserve | 413,821 | 413,821 | — | — | — | |
| Retained earnings | 39 | 38 | 42 | 46 | — | |
| Accumulated other comprehensive loss | −464,753 | −513,122 | −492,319 | −123,229 | 127,145 | |
| Total Jerash Holdings (US), Inc. Stockholders Equity | 65 | 63 | 64 | 68 | 69 | |
| Noncontrolling interest | 142,583 | 52,781 | 44,341 | — | — | |
| Total Equity | 65 | 63 | 64 | 68 | 69 | |
| Total Liabilities and Equity | 90 | 83 | 80 | 84 | 85 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2026 2026-03-31 | FY 2025 2025-03-31 | FY 2024 2024-03-31 | FY 2023 2023-03-31 | FY 2022 2022-03-31 |
|---|---|---|---|---|---|---|
| Depreciation | 3 | 3 | 3 | — | — | |
| Credit loss (recovery), net | 73,479 | −17,054 | −187,762 | — | 221,584 | |
| Amortization of operating lease right-of-use assets | 588,463 | 591,961 | 759,764 | 989,220 | 803,056 | |
| Uncertain tax provision | — | 175,290 | — | — | — | |
| Accounts receivable | −3 | 2 | −3 | 9 | 762,614 | |
| Inventories | −2 | −463,257 | 5 | −4 | −3 | |
| Prepaid expenses and other current assets | 296,668 | −902,253 | 187,140 | 285,782 | −904,305 | |
| Advances to suppliers | −2 | −4 | −2 | −248,490 | 2 | |
| Deferred tax assets | — | 158,329 | −4,456 | 198,717 | −203,928 | |
| Accounts payable | 659,711 | 167,071 | 557,667 | 942,345 | −3 | |
| Accrued expenses | 1 | 166,593 | 1 | −185,421 | 783,087 | |
| Other payables | −57,002 | −85,685 | 757,627 | — | — | |
| Deferred revenue | −245,647 | 476,804 | −918,193 | 928,393 | — | |
| Operating lease liabilities | −544,988 | −544,616 | −824,043 | −977,584 | −759,919 | |
| Income tax payable | −148,106 | −759,037 | −2 | 92,226 | — | |
| Deferred tax liabilities | −47 | 120 | — | — | — | |
| Net cash provided by operating activities | 2 | 1 | 2 | 11 | 9 | |
| Purchases of property, plant and equipment | −5 | −951,112 | −1 | −722,770 | −3 | |
| Payments for construction of properties | — | −1 | −4 | −5 | −2 | |
| Payment for long-term deposits | −665,825 | −329,326 | −300,762 | −668,337 | — | |
| Net cash used in investing activities | −6 | −2 | −5 | −14 | −9 | |
| Dividend payments | −3 | −2 | −2 | −2 | −2 | |
| Repayment of short-term loan | −22 | −14 | −8 | −7 | — | |
| Proceeds from short-term loan | 22 | 19 | 8 | 7 | — | |
| Proceeds from long-term loan | 3 | — | — | — | — | |
| Net cash provided by financing activities | 671,346 | 2 | −2 | −4 | 3 | |
| EFFECT OF EXCHANGE RATE CHANGES ON CASH, CASH EQUIVALENTS AND RESTRICTED CASH | 32,107 | −21,028 | −288,738 | −250,529 | — | |
| NET (DECREASE) INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH | −3 | 1 | −5 | −7 | 4 | |
| Cash paid for interest | 2 | 2 | 1 | 768,131 | 210,576 | |
| Income tax paid | 1 | 1 | 2 | 2 | — | |
| Equipment obtained by utilizing long-term deposit | 296,098 | 667,567 | 354,917 | — | — | |
| Operating lease right of use assets obtained in exchange for operating lease obligations | 765,303 | 186,726 | 1 | 190,654 | 1 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Jerash Holdings (US), Inc.'s CIK number?
Jerash Holdings (US), Inc.'s SEC CIK number is 0001696558 (1696558). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Jerash Holdings (US), Inc.'s SEC filings?
All of Jerash Holdings (US), Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Jerash Holdings (US), Inc. last report earnings?
Jerash Holdings (US), Inc. (JRSH) most recently filed an earnings 8-K with the SEC on Jun 15, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001213900-26-068770). This is Jerash Holdings (US), Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Jerash Holdings (US), Inc.'s most recent earnings 8-K?
Jerash Holdings (US), Inc.'s latest earnings 8-K (Item 2.02) was filed Jun 15, 2026 under accession 0001213900-26-068770. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
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