Jerash Holdings (US), Inc.

NasdaqCM:JRSH Voorraadrapport

Marktkapitalisatie: US$43.9m

Jerash Holdings (US) Beheer

Beheer criteriumcontroles 4/4

De CEO Jerash Holdings (US) is Samuel or Sam Choi, benoemd in May2017, heeft een ambtstermijn van 9.08 jaar. De totale jaarlijkse vergoeding van { bedraagt $ 495.00K, bestaande uit 100% salaris en 0% bonussen, inclusief aandelen en opties van het bedrijf. bezit rechtstreeks 30.58% van de aandelen van het bedrijf, ter waarde $ 13.44M. De gemiddelde ambtstermijn van het managementteam en de raad van bestuur bedraagt respectievelijk 8.4 jaar en 8.1 jaar.

Belangrijke informatie

Samuel or Sam Choi

Algemeen directeur

US$495.0k

Totale compensatie

Percentage CEO-salaris100.00%
Dienstverband CEO9.1yrs
Eigendom CEO30.6%
Management gemiddelde ambtstermijn8.4yrs
Gemiddelde ambtstermijn bestuur8.1yrs

Recente managementupdates

Recent updates

Analyseartikel • 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...
Analyseartikel • 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...
Analyseartikel • 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...
Analyseartikel • 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...
Analyseartikel • 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...
Analyseartikel • 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...
Analyseartikel • 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...
Analyseartikel • 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...
Analyseartikel • 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...
Analyseartikel • 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...
Analyseartikel • 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...
Analyseartikel • 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...
Analyseartikel • 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...
Analyseartikel • 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.
Seeking Alpha • Aug 11

Jerash Holdings GAAP EPS of $0.14 beats by $0.02, revenue of $33.4M misses by $0.69M

Jerash Holdings press release (NASDAQ:JRSH): FQ1 GAAP EPS of $0.14 beats by $0.02. Revenue of $33.4M (+11.7% Y/Y) misses by $0.69M. FY2023 Outlook: Revenue: $41M to $43M vs. consensus of $160.36M; Gross margin: 16% to 18%. "We continue to focus on enhancing our ESG efforts in everything we do, including the construction of a high-quality, energy-efficient, contemporary living space, which is expected to be completed this fall. We plan to move approximately 1,500 of our multi-national workers to this new dormitory at the end of 2022, which, in turn, will save our company about $500,000 in rental expenses next year."
Analyseartikel • Aug 09

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 24th of...
Seeking Alpha • Aug 05

Jerash Holdings declares $0.05 dividend

Jerash Holdings (NASDAQ:JRSH) declares $0.05/share quarterly dividend, in line with previous. Forward yield 3.57% Payable Aug. 24; for shareholders of record Aug. 17; ex-div Aug. 16. See JRSH Dividend Scorecard, Yield Chart, & Dividend Growth.

Analyse CEO-vergoeding

Hoe is Samuel or Sam Choi's beloning veranderd ten opzichte van Jerash Holdings (US)'s winst?
DatumTotale vergoedingSalarisBedrijfswinsten
Dec 31 2025n/an/a

US$2m

Sep 30 2025n/an/a

US$622k

Jun 30 2025n/an/a

US$816k

Mar 31 2025US$495kUS$495k

-US$848k

Dec 31 2024n/an/a

-US$4m

Sep 30 2024n/an/a

-US$4m

Jun 30 2024n/an/a

-US$4m

Mar 31 2024US$1mUS$495k

-US$2m

Dec 31 2023n/an/a

-US$901k

Sep 30 2023n/an/a

-US$231k

Jun 30 2023n/an/a

US$1m

Mar 31 2023US$1mUS$490k

US$2m

Dec 31 2022n/an/a

US$4m

Sep 30 2022n/an/a

US$5m

Jun 30 2022n/an/a

US$8m

Mar 31 2022US$698kUS$300k

US$8m

Dec 31 2021n/an/a

US$9m

Sep 30 2021n/an/a

US$7m

Jun 30 2021n/an/a

US$5m

Mar 31 2021US$280kUS$280k

US$4m

Dec 31 2020n/an/a

US$3m

Sep 30 2020n/an/a

US$5m

Jun 30 2020n/an/a

US$6m

Mar 31 2020US$300kUS$300k

US$6m

Compensatie versus markt: De totale vergoeding ($USD 495.00K ) Samuel or Sam } is ongeveer het gemiddelde voor bedrijven van vergelijkbare omvang in de US markt ($USD 641.77K ).

Compensatie versus inkomsten: De vergoeding van Samuel or Sam is het afgelopen jaar in lijn geweest met de bedrijfsprestaties.

CEO

Samuel or Sam Choi (64 yo)

9.1yrs
Tenure
US$495,000
Compensatie

Mr. Lin Hung Choi, also known as Sam or Samuel, serves as Treasurer of Treasure Success International Limited since April 01, 2022. He is Chairman and Chief Executive Officer of Jerash Holdings (US), Inc....

Leiderschapsteam

NaamPositieTenureCompensatieEigendom
Lin Hung Choi
Chairman9.1yrsUS$495.00k30.58%
$ 13.4m
Gilbert Lee
Chief Financial Officer6.6yrsUS$141.73k0.039%
$ 17.3k
Tsze Lun Ng
Head of Marketing8.4yrsUS$450.00k5.36%
$ 2.4m
Yang Wei
VP, Secretary & Director9.1yrsUS$98.31k0.60%
$ 263.3k
Eric Tang
Head of Operations of Jordan1.6yrsgeen gegevens1.74%
$ 763.8k
8.4yrs
Gemiddelde duur
66yo
Gemiddelde leeftijd

Ervaren management: Het managementteam van JRSH is doorgewinterd en ervaren (gemiddelde ambtstermijn van 8.4 jaar).

Bestuursleden

NaamPositieTenureCompensatieEigendom
Lin Hung Choi
Chairman9.1yrsUS$495.00k30.58%
$ 13.4m
Yang Wei
VP, Secretary & Director9.1yrsUS$98.31k0.60%
$ 263.3k
Bill Korn
Independent Director6yrsUS$60.00k0.020%
$ 8.7k
Chi Mak
Independent Director8.1yrsUS$60.00k0.020%
$ 8.7k
Ibrahim Hasan Saif
Independent Director6.4yrsUS$60.00k0.020%
$ 8.7k
8.1yrs
Gemiddelde duur
63yo
Gemiddelde leeftijd

Ervaren bestuur: De raad van bestuur van JRSH wordt beschouwd als ervaren (gemiddelde ambtstermijn 8.1 jaar).

Bedrijfsanalyse en status van financiële gegevens

GegevensLaatst bijgewerkt (UTC-tijd)
Bedrijfsanalyse2026/06/16 20:24
Aandelenkoers aan het einde van de dag2026/06/15 00:00
Inkomsten2025/12/31
Jaarlijkse inkomsten2025/03/31

Gegevensbronnen

De gegevens die gebruikt zijn in onze bedrijfsanalyse zijn afkomstig van S&P Global Market Intelligence LLC. De volgende gegevens worden gebruikt in ons analysemodel om dit rapport te genereren. De gegevens zijn genormaliseerd, waardoor er een vertraging kan optreden voordat de bron beschikbaar is.

PakketGegevensTijdframeVoorbeeld Amerikaanse bron *
Financiële gegevens bedrijf10 jaar
  • Resultatenrekening
  • Kasstroomoverzicht
  • Balans
Consensus schattingen analisten+3 jaar
  • Financiële prognoses
  • Koersdoelen analisten
Marktprijzen30 jaar
  • Aandelenprijzen
  • Dividenden, splitsingen en acties
Eigendom10 jaar
  • Top aandeelhouders
  • Handel met voorkennis
Beheer10 jaar
  • Leiderschapsteam
  • Raad van bestuur
Belangrijkste ontwikkelingen10 jaar
  • Bedrijfsaankondigingen

* Voorbeeld voor effecten uit de VS, voor niet-Amerikaanse effecten worden gelijkwaardige formulieren en bronnen gebruikt.

Tenzij anders vermeld zijn alle financiële gegevens gebaseerd op een jaarperiode, maar worden ze elk kwartaal bijgewerkt. Dit staat bekend als Trailing Twelve Month (TTM) of Last Twelve Month (LTM) gegevens. Meer informatie.

Analysemodel en Snowflake

Details van het analysemodel dat is gebruikt om dit rapport te genereren zijn beschikbaar op onze Github-pagina. We hebben ook handleidingen over hoe je onze rapporten kunt gebruiken en tutorials op YouTube.

Leer meer over het team van wereldklasse dat het Simply Wall St-analysemodel heeft ontworpen en gebouwd.

Industrie en sector

Onze industrie- en sectormetrics worden elke 6 uur berekend door Simply Wall St, details van ons proces zijn beschikbaar op Github.

Bronnen van analisten

Jerash Holdings (US), Inc. wordt gevolgd door 3 analisten. 2 van deze analisten hebben de schattingen van de omzet of winst ingediend die zijn gebruikt als input voor ons rapport. Inzendingen van analisten worden de hele dag door bijgewerkt.

AnalistInstelling
Michael BakerD.A. Davidson & Co.
Ryan MeyersLake Street Capital Markets, LLC
David KingRoth Capital Partners