Jerash holdings (US) Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 11.24
Dividend & Yield0.20$ (4.55%)
Beta 0.97
Market capitalization 54.69M
Operating cash flow 8.38M
ESG Scores unknown

Company description

Jerash Holdings (US), Inc., through its subsidiaries, manufactures and exports customized and readymade sport and outerwear. The company offers t-shirts; jackets and pullover; pants and shorts; crew neck, polo shirts, and tank tops made from knitted fabric, as well as personal protective equipment. It serves various brand-name retailers in the United States, Jordan, and internationally. The company was incorporated in 2016 and is headquartered in Fairfield, New Jersey.

Sector: Consumer Cyclical - Industry: Apparel Manufacturing

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities -1.48M 2.94M 1.54M -3.29M
Total Cashflows From Investing Activities -1.6M -4.93M -894.26k -8.67M
Net Borrowings -331.88k -648.43k 610.71k -614.47k
Total Cash From Financing Activities 7.47M -2.91M -1.65M 3.29M
Change To Operating Activities -1.07M 23.59k 138.51k -57.53k
Issuance Of Stock 8.93M 6.27M 6.27M 6.27M
Net Income 5.11M 6.48M 4.15M 7.92M
Change In Cash 14.99M -1.7M -5.79M 2.32M
Effect Of Exchange Rate -1.75k 14.68k -7.76k 143.99k
Total Cash From Operating Activities 9.78M 6.91M -1.5M 8.96M
Depreciation 1.26M 1.99M 2.55M 2.95M
Change To Account Receivables 1.28M -1.32M -6.7M 762.61k
Other Cashflows From Financing Activities 30
Change To Netincome 3.59M 279.11k -58.64k 1.17M
Capital Expenditures -791k -4.68M -890.46k -5.05M

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development
Income Before Tax 6.37M 7.64M 5.5M 10.44M
Net Income 5.11M 6.48M 4.15M 7.92M
Selling General Administrative 12.43M 10.04M 10.55M 15.9M
Gross Profit 18.78M 17.98M 16M 27.33M
Ebit 6.35M 7.67M 5.39M 10.49M
Operating Income 6.35M 7.67M 5.39M 10.49M
Interest Expense
Income Tax Expense 1.26M 1.17M 1.35M 2.52M
Total Revenue 84.98M 93.02M 90.21M 143.35M
Cost Of Revenue 66.21M 75.04M 74.21M 116.02M
Total Other Income ExpenseNet 23.8k -21.12k 108.51k -44.68k
Net Income From Continuing Ops 5.11M 6.47M 4.15M 7.92M
Net Income Applicable To Common Shares 5.11M 6.48M 4.15M 7.92M

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 8.99M 12.73M 16.86M 16.01M
Total Stockholder Equity 49.95M 54.45M 56.39M 69.3M
Other Current Liabilities 2.02M 2.02M 3.26M 5.14M
Total Assets 59.25M 67.48M 73.25M 85.31M
Common Stock 11.32k 11.32k 11.33k 12.33k
Other Current Assets 443.39k 2.12M 3.75M 1.28M
Retained Earnings 35M 39.21M 41.09M 46.65M
Treasury Stock -14.44k -8.32k -15.9k 127.14k
Cash 27.18M 26.13M 21.12M 25.18M
Total Current Liabilities 7.59M 10.85M 14.83M 14.14M
Other Stockholder Equity -14.44k -8.32k -15.9k 127.14k
Property, Plant, and Equipment 2.36M 7.32M 7.3M 12.76M
Total Current Assets 55.35M 58.98M 64.65M 69.87M
Net Tangible Assets 49.95M 54.45M 56.39M 68.8M
Net Receivables 4.02M 5.34M 12.41M 11.42M
Accounts Payable 3.38M 6.38M 7.92M 4.84M


Insider Transactions

Here are the insider transactions of stock shares related to Jerash holdings (US) Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NG TSZE LUND2022-06-30Beneficial Owner of more than 10% of a Class of Security62.9k
LEE GILBERT K.D2022-06-30Chief Financial Officer3.35k
CHOI LIN HUNGD2022-06-30Chief Executive Officer62.9k
WEI YANGD/I2022-06-30Officer and Director18.5k
LEE KIAN TJIAUWSale at price 6.68 per share.D2022-01-03Beneficial Owner of more than 10% of a Class of Security2.07M
CHOI LIN HUNGSale at price 7.00 per share.I2021-10-12Chief Executive Officer210k
CHOI LIN HUNGSale at price 7.00 per share.I2021-10-04Chief Executive Officer400k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Jerash holdings (US) Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Jerash holdings (US) Inc

Here is the result of two systematic investment strategies applied to Jerash holdings (US) Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Jerash holdings (US) Inc

The following chart shows the equity curve of the two systematic investment strategies applied to Jerash holdings (US) Inc:

Jerash holdings (US) Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 32.36% on the backtest period.

Performance at glance

Performance

32.36 %

Latent gain

485.65 $

Invested capital

1500.78 $

Annualized return

8.84 %
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Momentum strategy results on Jerash holdings (US) Inc

This is the result of two momentum investment strategies applied to Jerash holdings (US) Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Jerash holdings (US) Inc

The following chart shows all the entries opened by the momentum investment system on Jerash holdings (US) Inc:

Jerash holdings (US) Inc momentum entries
  • The first momentum investment strategy would give 29.7% of return on Jerash holdings (US) Inc. That represents 1635.07$ of latent gain with 5504.35$ of employed capital.
  • The second momentum investment strategy would give 25.67% of return on Jerash holdings (US) Inc. That represents 1091.47$ of latent gain with 4252.1$ of employed capital.
Performance at glance (1Q Momentum)

Performance

29.7 %

Latent gain

1635.07 $

Invested capital

5504.35 $

Annualized return

10.13 %
Performance at glance (2Q Momentum)

Performance

25.67 %

Latent gain

1091.47 $

Invested capital

4252.1 $

Annualized return

8.07 %

Momentum equity curve on Jerash holdings (US) Inc

The following chart shows the equity curve of the two momentum strategies applied to Jerash holdings (US) Inc:

Jerash holdings (US) Inc momentum equity

Note: the dividends potentially given by Jerash holdings (US) Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Jerash holdings (US) Inc

The following chart shows the employed capital evolution of the two momentum strategies on Jerash holdings (US) Inc since the beginning:

Jerash holdings (US) Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Jerash holdings (US) Inc

Buy the dip entry openings on Jerash holdings (US) Inc

Jerash holdings (US) Inc

The performance achieved by the robo-advisor on Jerash holdings (US) Inc is 16.82%. That represents 84.41$ of latent gain with 501.99$ of employed capital. The following chart shows Jerash holdings (US) Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Jerash holdings (US) Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

16.82 %

Latent gain

84.41 $

Invested capital

501.99 $

Annualized return

10.13 %

Equity curve of the strategy applied to Jerash holdings (US) Inc

The following chart shows the result of the investment strategy applied to Jerash holdings (US) Inc:

Jerash holdings (US) Inc

Note: the dividends potentially given by Jerash holdings (US) Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Jerash holdings (US) Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on Jerash holdings (US) Inc:

Jerash holdings (US) Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Jerash holdings (US) Inc

In this section, I will compare the three previous investment strategies applied to Jerash holdings (US) Inc.

Equity curve comparison on Jerash holdings (US) Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Jerash holdings (US) Inc investment strategy comparison

Employed capital comparison on Jerash holdings (US) Inc

Jerash holdings (US) Inc investment comparison

Performance comparison on Jerash holdings (US) Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 32.36% 485.65$ 1500.78$ 8.84%
Momentum 1 quarter 29.7% 1635.07$ 5504.35$ 8.68%
Momentum 2 quarters 25.67% 1091.47$ 4252.1$ 8.07%
Non-directional 16.82% 84.41$ 501.99$ 10.13%
Annualized return comparison

Automatic investment

8.84 %

Momentum 1Q

8.07 %

Momentum 2Q

8.07 %

Non-directional

10.13 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Jerash holdings (US) Inc:

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

  • Owl Rock Capital Corp

  • Note: The algorithm computes the probability of correlation between Jerash holdings (US) Inc and the other stocks. There may be false positives or some missing correlated stocks. If the price of Jerash holdings (US) Inc does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name Jerash holdings (US) Inc
    Country United States
    City Fairfield
    Address 277 Fairfield Road
    Phone 201 285 7973
    Website www.jerashholdings.com
    FullTime employees 5000
    Industry Apparel Manufacturing
    Sector Consumer Cyclical
    Exchange XNAS
    Ticker JRSH
    Market www.nasdaq.com

    Jerash holdings (US) Inc ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown