Jerash Holdings (US) 過去の業績
過去 基準チェック /26
Jerash Holdings (US)の収益は年間平均-46.7%の割合で減少していますが、 Luxury業界の収益は年間 減少しています。収益は年間2% 5%割合で 増加しています。 Jerash Holdings (US)の自己資本利益率は5.6%であり、純利益率は2.1%です。
主要情報
-46.73%
収益成長率
-48.33%
EPS成長率
| Luxury 業界の成長 | 12.25% |
| 収益成長率 | 5.02% |
| 株主資本利益率 | 5.59% |
| ネット・マージン | 2.13% |
| 前回の決算情報 | 31 Mar 2026 |
最近の業績更新
Recent updates
新しいナラティブ • Jun 30
Capacity Expansion And Long-Term Orders Will Support Stronger Future Earnings Power
Catalysts About Jerash Holdings (US) Jerash Holdings (US) manufactures apparel in Jordan for global brands, serving large retailers through export driven production. What are the underlying business or industry changes driving this perspective?
ナラティブ更新 • Jun 26
None
Analysts have lifted their price target on Jerash Holdings (US) from $4.50 to $6.00, citing updated assumptions that include a slightly lower discount rate, adjusted revenue growth expectations, a higher projected profit margin, and a reduced future P/E multiple. What's in the News No recent company specific news items for Jerash Holdings (US) were identified in the provided sources.
新しいナラティブ • Jun 16
Trade Risks From Capacity Expansion And Customer Concentration Will Shape Long Term Prospects
Catalysts About Jerash Holdings (US) Jerash Holdings (US) is an apparel manufacturer with production facilities in Jordan that supplies global brands and retailers. What are the underlying business or industry changes driving this perspective?分析記事 • Feb 12
Results: Jerash Holdings (US), Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
It's been a pretty great week for Jerash Holdings (US), Inc. ( NASDAQ:JRSH ) shareholders, with its shares surging 11...分析記事 • Feb 10
Some Investors May Be Worried About Jerash Holdings (US)'s (NASDAQ:JRSH) Returns On Capital
When researching a stock for investment, what can tell us that the company is in decline? Typically, we'll see the...分析記事 • May 13
Is Jerash Holdings (US) (NASDAQ:JRSH) Using Debt Sensibly?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...分析記事 • Apr 05
At US$3.08, Is Jerash Holdings (US), Inc. (NASDAQ:JRSH) Worth Looking At Closely?
Jerash Holdings (US), Inc. ( NASDAQ:JRSH ), is not the largest company out there, but it received a lot of attention...分析記事 • Nov 15
Jerash Holdings (US), Inc. Just Recorded A 7.5% Revenue Beat: Here's What Analysts Think
Shareholders of Jerash Holdings (US), Inc. ( NASDAQ:JRSH ) will be pleased this week, given that the stock price is up...分析記事 • Nov 13
Does Jerash Holdings (US) (NASDAQ:JRSH) Have A Healthy Balance Sheet?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • Aug 08
Jerash Holdings (US) (NASDAQ:JRSH) Has Affirmed Its Dividend Of $0.05
The board of Jerash Holdings (US), Inc. ( NASDAQ:JRSH ) has announced that it will pay a dividend of $0.05 per share on...分析記事 • Jun 30
Jerash Holdings (US), Inc. Just Missed Earnings With A Surprise Loss - Here Are Analysts Latest Forecasts
As you might know, Jerash Holdings (US), Inc. ( NASDAQ:JRSH ) recently reported its annual numbers. Revenues came in at...分析記事 • May 23
Jerash Holdings (US) (NASDAQ:JRSH) Has Affirmed Its Dividend Of $0.05
Jerash Holdings (US), Inc.'s ( NASDAQ:JRSH ) investors are due to receive a payment of $0.05 per share on 7th of June...分析記事 • Feb 08
Jerash Holdings (US) (NASDAQ:JRSH) Is Due To Pay A Dividend Of $0.05
The board of Jerash Holdings (US), Inc. ( NASDAQ:JRSH ) has announced that it will pay a dividend on the 23rd of...分析記事 • Nov 06
Jerash Holdings (US) (NASDAQ:JRSH) Is Due To Pay A Dividend Of $0.05
The board of Jerash Holdings (US), Inc. ( NASDAQ:JRSH ) has announced that it will pay a dividend of $0.05 per share on...分析記事 • Aug 12
Jerash Holdings (US) (NASDAQ:JRSH) Is Due To Pay A Dividend Of $0.05
Jerash Holdings (US), Inc.'s ( NASDAQ:JRSH ) investors are due to receive a payment of $0.05 per share on 23rd of...分析記事 • Feb 07
Jerash Holdings (US) (NASDAQ:JRSH) Will Pay A Dividend Of $0.05
The board of Jerash Holdings (US), Inc. ( NASDAQ:JRSH ) has announced that it will pay a dividend on the 21st of...分析記事 • Nov 07
Jerash Holdings (US) (NASDAQ:JRSH) Has Announced A Dividend Of $0.05
Jerash Holdings (US), Inc. ( NASDAQ:JRSH ) has announced that it will pay a dividend of $0.05 per share on the 28th of...Seeking Alpha • Sep 21
Jerash: The Coming Months Could Be Challenging But The Company Is Cheap
Summary The company’s Q1 FY23 revenues rose by 12% to $31.4 million, and the gross margin stood at 19.8%. However, major customers are placing smaller orders, and this means that the product mix has to shift to lower-margin items. Jerash is bracing for flat sales growth in FY23 and the gross margin goal for the period is 16-18%. Yet, I think the stock is cheap as the annual gross income at a 16% margin is about $23 million. Jerash had a net cash position of $5.8 million at the end of June and its enterprise value is only $40.3 million. Introduction Jerash Holdings (JRSH) is a Jordan-focused apparel company which I covered on SA in early July. It's still on my shortlist and I think the Q1 FY23 results were strong as revenues grew by 12% and the gross margin increased to 19.8%. However, revenues for Q2 FY23 are expected to decline year on year and the gross margin goal for FY23 is 16-18%. In addition, there are expectations for flat sales growth for the full fiscal year. In my view, Jerash looks cheap even without revenue growth as the annual gross income at a 16% margin is about $23 million. The company had a net cash position of $5.8 million at the end of June, and its enterprise value stands at only $40.3 million as of the time of writing. Let's review. Overview of the Q1 FY23 financials In case you haven't read my first article about Jerash, here's a short description of the business and the reason it's manufacturing facilities are based in Jordan. The company produces t-shirts, polo shirts, pants, shorts, and jackets for major U.S. brands such as The North Face, Calvin Klein, and American Eagle and its annual capacity is about 14 million pieces per year. Capacity was boosted by about 20% in October 2021 when Jerash acquired its sixth factory in Jordan. USA and Jordan have had a free trade agreement for 20 years now and this means that the company's exports are exempt from customs duties and import quotas. Jordan also has a similar agreement with the EU and Jerash thus has a strong competitive advantage over competitors from Asia. Turning our attention to the Q1 FY23 financial results, revenues increased by 12% year on year to $31.4 million thanks to the addition of its sixth factory. This helped Jerash trim the concentration of its sales to the USA a bit as a significant part of the revenue growth comes from domestic orders. Jerash The gross margin increased by 100 basis points, mainly thanks to a lower average cost basis as a result of economies of scale. However, the net income declined to $1.7 million from $1.9 million a year earlier due to a 24% increase in operating expenses to $4.4 million following higher stock-based payments, delivery, and foreign worker travelling expenses. Jerash Looking ahead, Jerash will start working on initial orders for Skechers and Timberland in Q2 FY23, which represent an estimated 700,000 pieces annually. However, the 500,000 pieces order for Skechers is for women's polos, while the 200,000 pieces order for Timberland is for four fleece styles of outerwear and the company said in its Q1 FY23 earnings call that these products have lower margins compared to the current mix. Jerash added that its major customers are now placing smaller purchase orders due to high inventory levels and inflationary pressures around the world. This means that the company will have to rely more on local orders to keep operating at full capacity, and this will shift the product mix to things like shorts, crew neck and pullover shirts that have lower average selling prices. In light of this, Jerash now expects FY23 revenue growth to be basically flat, with a decline in Q2 to $41-$43 million compared to $45.7 million a year earlier. The company should have good visibility for the quarter considering its manufacturing capacity is fully booked through December 2022. Overall, it seems the contract apparel manufacturing sector in Jordan is facing significant headwinds at the moment due to deteriorating global macroeconomic conditions, but the silver lining is that Jerash seems to be navigating through this situation well for now. At the Q1 FY23 earnings call, the management said that this is the only local company running at full capacity and that some of its competitors are running at 30% below full capacity. I think that a lot of the negative investor expectations are already priced in Jerash' market valuation as the share price is down by almost 40% over the past 12 months. In my view, gross margins of 16% sound compelling even without growth and I continue to think that the company should be trading above $7.00. There don't seem to be any potential catalysts here in the near term, but the downside risk could be limited as Jerash has a $3 million share repurchase program. Looking at the risks for the bull case, the main ones that I mentioned in July included a reliance on a limited number of customers and suppliers and rising social unrest across the Middle East due to high global food prices. In Q1 FY23, VF Corporation accounted for 66% of revenues but this share should decrease somewhat over the coming months due to the shift to local orders. Yet, the potential loss of such a large client would still have a devastating impact on the business of Jerash. Looking at global food prices, the FAO Food Price Index has declined significantly over the past two months, and I no longer think that we could see another Arab Spring in the near future.収支内訳
収支内訳
Jerash Holdings (US) の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。
収益と収入の歴史
| 日付 | 収益 | 収益 | G+A経費 | 研究開発費 |
|---|---|---|---|---|
| 31 Mar 26 | 166 | 4 | 20 | 0 |
| 31 Dec 25 | 153 | 2 | 20 | 0 |
| 30 Sep 25 | 146 | 1 | 20 | 0 |
| 30 Jun 25 | 145 | 1 | 21 | 0 |
| 31 Mar 25 | 146 | -1 | 21 | 0 |
| 31 Dec 24 | 138 | -4 | 21 | 0 |
| 30 Sep 24 | 130 | -4 | 20 | 0 |
| 30 Jun 24 | 123 | -4 | 19 | 0 |
| 31 Mar 24 | 117 | -2 | 18 | 0 |
| 31 Dec 23 | 119 | -1 | 17 | 0 |
| 30 Sep 23 | 135 | 0 | 18 | 0 |
| 30 Jun 23 | 139 | 1 | 18 | 0 |
| 31 Mar 23 | 138 | 2 | 17 | 0 |
| 31 Dec 22 | 145 | 4 | 18 | 0 |
| 30 Sep 22 | 139 | 5 | 18 | 0 |
| 30 Jun 22 | 147 | 8 | 18 | 0 |
| 31 Mar 22 | 143 | 8 | 17 | 0 |
| 31 Dec 21 | 136 | 9 | 16 | 0 |
| 30 Sep 21 | 120 | 7 | 14 | 0 |
| 30 Jun 21 | 101 | 5 | 12 | 0 |
| 31 Mar 21 | 90 | 4 | 11 | 0 |
| 31 Dec 20 | 81 | 3 | 9 | 0 |
| 30 Sep 20 | 86 | 5 | 9 | 0 |
| 30 Jun 20 | 89 | 6 | 10 | 0 |
| 31 Mar 20 | 93 | 6 | 10 | 0 |
| 31 Dec 19 | 93 | 7 | 11 | 0 |
| 30 Sep 19 | 86 | 7 | 11 | 0 |
| 30 Jun 19 | 89 | 8 | 10 | 0 |
| 31 Mar 19 | 85 | 5 | 12 | 0 |
| 31 Dec 18 | 79 | 4 | 11 | 0 |
| 30 Sep 18 | 72 | 5 | 11 | 0 |
| 30 Jun 18 | 66 | 6 | 10 | 0 |
| 31 Mar 18 | 69 | 10 | 6 | 0 |
| 31 Dec 17 | 73 | 14 | 6 | 0 |
| 30 Sep 17 | 74 | 14 | 6 | 0 |
| 30 Jun 17 | 65 | 11 | 5 | 0 |
| 31 Mar 17 | 62 | 11 | 5 | 0 |
| 31 Dec 16 | 57 | 8 | 5 | 0 |
| 31 Mar 16 | 53 | 9 | 4 | 0 |
質の高い収益: JRSHは 高品質の収益 を持っています。
利益率の向上: JRSH過去に利益を上げました。
フリー・キャッシュフローと収益の比較
過去の収益成長分析
収益動向: JRSHの収益は過去 5 年間で年間46.7%減少しました。
成長の加速: JRSHは昨年収益を上げたため、収益成長率を 5 年間の平均と比較することは困難です。
収益対業界: JRSH昨年収益を上げたため、昨年の収益成長をLuxury業界 ( 18.9% ) と比較することは困難です。
株主資本利益率
高いROE: JRSHの 自己資本利益率 ( 5.6% ) は 低い とみなされます。
総資産利益率
使用総資本利益率
過去の好業績企業の発掘
企業分析と財務データの現状
| データ | 最終更新日（UTC時間） |
|---|---|
| 企業分析 | 2026/07/23 22:49 |
| 終値 | 2026/07/23 00:00 |
| 収益 | 2026/03/31 |
| 年間収益 | 2026/03/31 |
データソース
企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。
| パッケージ | データ | タイムフレーム | 米国ソース例 |
|---|---|---|---|
| 会社財務 | 10年 |
| |
| アナリストのコンセンサス予想 | +プラス3年 |
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| 市場価格 | 30年 |
| |
| 所有権 | 10年 |
| |
| マネジメント | 10年 |
| |
| 主な進展 | 10年 |
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* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。
特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。
分析モデルとスノーフレーク
このレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。
シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。
業界およびセクターの指標
私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。
アナリスト筋
Jerash Holdings (US), Inc. 2 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。3
| アナリスト | 機関 |
|---|---|
| Michael Baker | D.A. Davidson & Co. |
| Ryan Meyers | Lake Street Capital Markets, LLC |
| David King | Roth Capital Partners |