This page shows Jerash Hldgs Us Inc (JRSH) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 9 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
Jerash Hldgs Us Inc has an operating margin of 1.0%, meaning the company retains $1 of operating profit per $100 of revenue. This below-average margin results in a low score of 24/100, suggesting thin profitability after operating expenses. This is up from -0.6% the prior year.
Jerash Hldgs Us Inc's revenue surged 24.4% year-over-year to $145.8M, reflecting rapid business expansion. This strong growth earns a score of 74/100.
Jerash Hldgs Us Inc carries a low D/E ratio of 0.32, meaning only $0.32 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 96/100, indicating a strong balance sheet with room for future borrowing.
Jerash Hldgs Us Inc's current ratio of 2.75 indicates adequate short-term liquidity, earning a score of 52/100. The company can meet its near-term obligations, though with limited headroom.
Jerash Hldgs Us Inc's free cash flow margin of 0.3% results in a low score of 26/100. Capital expenditures of $951K absorb a large share of operating cash flow.
Jerash Hldgs Us Inc generates a -1.4% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 8/100. This is up from -3.1% the prior year.
Jerash Hldgs Us Inc scores 4.08, well above the 2.99 safe threshold. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Jerash Hldgs Us Inc passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
For every $1 of reported earnings, Jerash Hldgs Us Inc generates $-1.61 in operating cash flow ($1.4M OCF vs -$848K net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Jerash Hldgs Us Inc earns $0.8 in operating income for every $1 of interest expense ($1.4M vs $1.7M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Jerash Hldgs Us Inc generated $145.8M in revenue in fiscal year 2025. This represents an increase of 24.4% from the prior year.
Jerash Hldgs Us Inc's EBITDA was $1.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 2.0% from the prior year.
Jerash Hldgs Us Inc reported -$848K in net income in fiscal year 2025. This represents an increase of 57.7% from the prior year.
Jerash Hldgs Us Inc earned $-0.07 per diluted share (EPS) in fiscal year 2025. This represents an increase of 56.3% from the prior year.
Cash & Balance Sheet
Jerash Hldgs Us Inc generated $414K in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 66.7% from the prior year.
Jerash Hldgs Us Inc held $13.3M in cash against $0 in long-term debt as of fiscal year 2025.
Jerash Hldgs Us Inc paid $0.20 per share in dividends in fiscal year 2025. This represents an increase of 0.0% from the prior year.
Jerash Hldgs Us Inc had 13M shares outstanding in fiscal year 2025. This represents an increase of 3.3% from the prior year.
Margins & Returns
Jerash Hldgs Us Inc's gross margin was 15.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 0.9 percentage points from the prior year.
Jerash Hldgs Us Inc's operating margin was 1.0% in fiscal year 2025, reflecting core business profitability. This is up 1.6 percentage points from the prior year.
Jerash Hldgs Us Inc's net profit margin was -0.6% in fiscal year 2025, showing the share of revenue converted to profit. This is up 1.1 percentage points from the prior year.
Jerash Hldgs Us Inc's ROE was -1.4% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 1.8 percentage points from the prior year.
Capital Allocation
Jerash Hldgs Us Inc invested $951K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 23.4% from the prior year.
JRSH Income Statement
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $41.8M0.0% | $41.8M-0.5% | $42.0M+5.9% | $39.6M+35.5% | $29.3M-17.3% | $35.4M-12.1% | $40.2M-1.7% | $40.9M |
| Cost of Revenue | $34.7M0.0% | $34.7M-2.7% | $35.7M+6.4% | $33.5M+39.7% | $24.0M-20.0% | $30.0M-9.6% | $33.2M-8.6% | $36.3M |
| Gross Profit | $7.0M0.0% | $7.0M+12.1% | $6.3M+3.3% | $6.1M+16.2% | $5.2M-2.7% | $5.4M-23.7% | $7.1M+52.1% | $4.6M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $4.9M0.0% | $4.9M-1.9% | $5.0M+1.3% | $4.9M+9.9% | $4.5M+6.3% | $4.2M-22.9% | $5.4M+9.0% | $5.0M |
| Operating Income | $1.9M0.0% | $1.9M+78.3% | $1.1M+13.6% | $959K+121.2% | $434K-38.7% | $708K-37.6% | $1.1M+236.9% | -$829K |
| Interest Expense | $393K0.0% | $393K-20.3% | $493K+38.7% | $356K-4.2% | $371K+1.8% | $365K-27.5% | $503K+4.8% | $480K |
| Income Tax | $368K0.0% | $368K+139.3% | $154K-53.2% | $329K+1.6% | $324K-28.0% | $450K+324.8% | $106K-5.2% | $112K |
| Net Income | $1.2M0.0% | $1.2M+153.6% | $462K+44.9% | $319K+308.8% | -$153K-2528.9% | -$6K-100.9% | $655K+148.7% | -$1.3M |
| EPS (Diluted) | $0.090.0% | $0.09+125.0% | $0.04+33.3% | $0.03 | N/A | $0.00-100.0% | $0.05+145.5% | $-0.11 |
JRSH Balance Sheet
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $84.2M0.0% | $84.2M+1.1% | $83.3M+2.0% | $81.7M-1.5% | $83.0M+3.9% | $79.8M-0.6% | $80.3M+4.8% | $76.7M |
| Current Assets | $56.8M0.0% | $56.8M+2.2% | $55.6M+4.1% | $53.4M-1.9% | $54.4M+6.5% | $51.1M-0.9% | $51.6M+8.3% | $47.6M |
| Cash & Equivalents | $11.5M0.0% | $11.5M-4.6% | $12.0M+107.0% | $5.8M-56.6% | $13.3M+1.0% | $13.2M-19.1% | $16.3M+43.7% | $11.4M |
| Inventory | $26.0M0.0% | $26.0M-0.9% | $26.3M-3.9% | $27.3M-1.4% | $27.7M+44.9% | $19.1M-5.4% | $20.2M-2.5% | $20.7M |
| Accounts Receivable | $7.8M0.0% | $7.8M+35.1% | $5.8M-41.9% | $10.0M+224.4% | $3.1M-57.5% | $7.2M+24.9% | $5.8M-38.4% | $9.4M |
| Goodwill | $499K0.0% | $499K0.0% | $499K0.0% | $499K0.0% | $499K0.0% | $499K0.0% | $499K0.0% | $499K |
| Total Liabilities | $20.6M0.0% | $20.6M+0.4% | $20.5M+8.1% | $18.9M-5.8% | $20.1M+20.7% | $16.7M-1.4% | $16.9M+23.0% | $13.7M |
| Current Liabilities | $20.4M0.0% | $20.4M0.0% | $20.4M+8.7% | $18.8M-5.4% | $19.8M+21.5% | $16.3M-0.6% | $16.4M+24.9% | $13.1M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $63.6M0.0% | $63.6M+1.3% | $62.8M+0.1% | $62.7M-0.1% | $62.8M-0.5% | $63.1M-0.5% | $63.4M+0.8% | $62.9M |
| Retained Earnings | $38.4M0.0% | $38.4M+1.4% | $37.9M-0.5% | $38.1M-0.8% | $38.4M-2.0% | $39.2M-1.6% | $39.8M+0.1% | $39.7M |
JRSH Cash Flow Statement
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $3.5M+191.6% | -$3.8M-156.1% | $6.8M+204.9% | -$6.5M-432.9% | $1.9M+164.7% | -$3.0M-165.0% | $4.6M+310.3% | -$2.2M |
| Capital Expenditures | $936K+917.4% | $92K-75.7% | $380K-18.4% | $465K+1.2% | $459K+220.3% | $143K-34.2% | $218K+67.3% | $130K |
| Free Cash Flow | $2.6M+165.5% | -$3.9M-160.8% | $6.4M+192.4% | -$6.9M-567.1% | $1.5M+147.2% | -$3.2M-171.5% | $4.4M+289.2% | -$2.3M |
| Investing Cash Flow | $1.4M+531.3% | -$318K+6.2% | -$339K+52.6% | -$715K-2.4% | -$698K+5.1% | -$736K-33.9% | -$549K-41.9% | -$387K |
| Financing Cash Flow | $2.9M-17.2% | $3.5M+1652.2% | -$227K+40.0% | -$379K+64.6% | -$1.1M-236.7% | $783K-5.1% | $825K-45.6% | $1.5M |
| Dividends Paid | $1.9M+200.0% | $635K0.0% | $635K0.0% | $635K+3.3% | $615K0.0% | $615K0.0% | $615K0.0% | $615K |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
JRSH Financial Ratios
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 16.9%0.0pp | 16.9%+1.9pp | 15.0%-0.4pp | 15.4%-2.6pp | 17.9%+2.7pp | 15.2%-2.3pp | 17.5%+6.2pp | 11.3% |
| Operating Margin | 4.7%0.0pp | 4.7%+2.1pp | 2.6%+0.2pp | 2.4%+0.9pp | 1.5%-0.5pp | 2.0%-0.8pp | 2.8%+4.8pp | -2.0% |
| Net Margin | 2.8%0.0pp | 2.8%+1.7pp | 1.1%+0.3pp | 0.8%+1.3pp | -0.5%-0.5pp | -0.0%-1.6pp | 1.6%+4.9pp | -3.3% |
| Return on Equity | 1.8%0.0pp | 1.8%+1.1pp | 0.7%+0.2pp | 0.5%+0.8pp | -0.2%-0.2pp | -0.0%-1.0pp | 1.0%+3.2pp | -2.1% |
| Return on Assets | 1.4%0.0pp | 1.4%+0.8pp | 0.5%+0.2pp | 0.4%+0.6pp | -0.2%-0.2pp | -0.0%-0.8pp | 0.8%+2.6pp | -1.8% |
| Current Ratio | 2.790.0 | 2.79+0.1 | 2.73-0.1 | 2.85+0.1 | 2.75-0.4 | 3.130.0 | 3.14-0.5 | 3.63 |
| Debt-to-Equity | 0.320.0 | 0.320.0 | 0.33+0.0 | 0.30-0.0 | 0.32+0.1 | 0.260.0 | 0.27+0.0 | 0.22 |
| FCF Margin | 6.1%+15.5pp | -9.3%-24.6pp | 15.3%+32.8pp | -17.5%-22.6pp | 5.1%+14.0pp | -8.9%-19.9pp | 11.0%+16.7pp | -5.7% |
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Frequently Asked Questions
What is Jerash Hldgs Us Inc's annual revenue?
Jerash Hldgs Us Inc (JRSH) reported $145.8M in total revenue for fiscal year 2025. This represents a 24.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Jerash Hldgs Us Inc's revenue growing?
Jerash Hldgs Us Inc (JRSH) revenue grew by 24.4% year-over-year, from $117.2M to $145.8M in fiscal year 2025.
Is Jerash Hldgs Us Inc profitable?
No, Jerash Hldgs Us Inc (JRSH) reported a net income of -$848K in fiscal year 2025, with a net profit margin of -0.6%.
What is Jerash Hldgs Us Inc's EBITDA?
Jerash Hldgs Us Inc (JRSH) had EBITDA of $1.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Jerash Hldgs Us Inc's gross margin?
Jerash Hldgs Us Inc (JRSH) had a gross margin of 15.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Jerash Hldgs Us Inc's operating margin?
Jerash Hldgs Us Inc (JRSH) had an operating margin of 1.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Jerash Hldgs Us Inc's net profit margin?
Jerash Hldgs Us Inc (JRSH) had a net profit margin of -0.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Jerash Hldgs Us Inc pay dividends?
Yes, Jerash Hldgs Us Inc (JRSH) paid $0.20 per share in dividends during fiscal year 2025.
What is Jerash Hldgs Us Inc's return on equity (ROE)?
Jerash Hldgs Us Inc (JRSH) has a return on equity of -1.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Jerash Hldgs Us Inc's free cash flow?
Jerash Hldgs Us Inc (JRSH) generated $414K in free cash flow during fiscal year 2025. This represents a -66.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Jerash Hldgs Us Inc's operating cash flow?
Jerash Hldgs Us Inc (JRSH) generated $1.4M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Jerash Hldgs Us Inc's total assets?
Jerash Hldgs Us Inc (JRSH) had $83.0M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Jerash Hldgs Us Inc's capital expenditures?
Jerash Hldgs Us Inc (JRSH) invested $951K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Jerash Hldgs Us Inc's current ratio?
Jerash Hldgs Us Inc (JRSH) had a current ratio of 2.75 as of fiscal year 2025, which is generally considered healthy.
What is Jerash Hldgs Us Inc's debt-to-equity ratio?
Jerash Hldgs Us Inc (JRSH) had a debt-to-equity ratio of 0.32 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Jerash Hldgs Us Inc's return on assets (ROA)?
Jerash Hldgs Us Inc (JRSH) had a return on assets of -1.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Jerash Hldgs Us Inc's Altman Z-Score?
Jerash Hldgs Us Inc (JRSH) has an Altman Z-Score of 4.08, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Jerash Hldgs Us Inc's Piotroski F-Score?
Jerash Hldgs Us Inc (JRSH) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Jerash Hldgs Us Inc's earnings high quality?
Jerash Hldgs Us Inc (JRSH) has an earnings quality ratio of -1.61x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Jerash Hldgs Us Inc cover its interest payments?
Jerash Hldgs Us Inc (JRSH) has an interest coverage ratio of 0.8x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Jerash Hldgs Us Inc?
Jerash Hldgs Us Inc (JRSH) scores 47 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.