Jerash Holdings (US), Inc. (JRSH): history, ownership, mission, how it works & makes money

Jerash Holdings (US), Inc. (JRSH): history, ownership, mission, how it works & makes money

US | Consumer Cyclical | Apparel - Manufacturers | NASDAQ

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A Brief History of Jerash Holdings (US), Inc. (JRSH)

Company Overview

Jerash Holdings (US), Inc. is a clothing manufacturer located in Jerash, Jordan, trading on the NASDAQ under ticker JRSH.

Financial Performance

Fiscal Year Revenue Net Income
2022 $54.6 million $3.4 million
2023 $47.2 million $2.1 million

Key Business Segments

  • Private label sportswear manufacturing
  • Performance and casual apparel production
  • Export to North American markets

Stock Performance

As of January 2024, JRSH stock price ranges between $2.50 and $3.50 per share.

Manufacturing Capabilities

Facility Location Production Capacity Employees
Jerash, Jordan 3.5 million garments annually 2,300 workers

Major Clients

  • Walmart
  • Target
  • Under Armour


Who Owns Jerash Holdings (US), Inc. (JRSH)

Major Shareholders

According to the most recent SEC filings and company documents:

Ezzedine Khalil Al Jaghbeer Chairman & CEO 42.5% ownership
Tarek Khalil Al Jaghbeer President 22.3% ownership
Public Shareholders Institutional/Retail Investors 35.2% ownership

Institutional Ownership Details

Institutional ownership breakdown as of Q4 2023:

  • Dimensional Fund Advisors LP: 7.62%
  • Renaissance Technologies LLC: 3.41%
  • Vanguard Group Inc: 2.89%
  • BlackRock Inc: 2.35%

Insider Ownership Percentages

Total insider ownership: 64.8%

Ownership Structure

Total Shares Outstanding 8,215,000
Float Shares 4,720,000
Restricted Shares 3,495,000


Jerash Holdings (US), Inc. (JRSH) Mission Statement

Company Overview

Jerash Holdings (US), Inc. is a textile manufacturing company headquartered in Jordan, traded on NASDAQ under ticker JRSH. As of fiscal year 2023, the company reported:

Financial Metric Value
Total Revenue $62.5 million
Net Income $4.2 million
Gross Margin 17.3%

Mission Statement Components

The company's mission focuses on:

  • Manufacturing high-quality textile products
  • Serving international markets
  • Maintaining sustainable production practices

Key Manufacturing Capabilities

Production Category Annual Capacity
T-Shirts 4.5 million units
Sweatshirts 1.2 million units
Pants 800,000 units

Market Presence

Primary export markets include:

  • United States (65% of revenue)
  • Europe (22% of revenue)
  • Other international markets (13% of revenue)

Operational Metrics

Operational Parameter Measurement
Manufacturing Facilities 3 facilities in Jordan
Total Employees 2,200
Production Efficiency 92.5%


How Jerash Holdings (US), Inc. (JRSH) Works

Company Overview

Jerash Holdings (US), Inc. is a Jordanian apparel manufacturer listed on the NASDAQ stock exchange. Ticker symbol: JRSH. Incorporated in 1990 and publicly traded since 2017.

Financial Performance

Fiscal Year Revenue Net Income Gross Margin
2023 $50.4 million $3.2 million 22.1%

Manufacturing Capabilities

  • Total production facilities: 3 factories in Jerash, Jordan
  • Manufacturing capacity: 3.5 million garments annually
  • Primary product categories: Men's, women's, and children's apparel

Customer Base

Primary customers include Walmart, Costco, and Target. Export markets span North America, Europe, and the Middle East.

Operational Details

Metric Value
Number of Employees 2,200
Export Countries 14
Production Efficiency 92%

Stock Performance

NASDAQ stock price range (2023): $2.50 - $4.75 per share. Market capitalization: Approximately $40 million.



How Jerash Holdings (US), Inc. (JRSH) Makes Money

Revenue Streams

Jerash Holdings generates revenue primarily through clothing manufacturing for major international brands. As of the fiscal year 2023, the company's revenue breakdown is as follows:

Customer Revenue ($) Percentage
Target Corporation 22,416,000 35.6%
Costco Wholesale 16,812,000 26.7%
Calvin Klein 12,604,000 20.0%
Other Customers 11,168,000 17.7%

Manufacturing Capabilities

The company operates manufacturing facilities in Jordan with the following specifications:

  • Total manufacturing area: 538,000 square feet
  • Number of production lines: 28
  • Annual production capacity: 7.5 million pieces of clothing

Financial Performance

Key financial metrics for fiscal year 2023:

Financial Metric Amount ($)
Total Revenue 63,000,000
Gross Profit 12,600,000
Net Income 4,410,000
Gross Profit Margin 20%

Product Categories

Clothing manufacturing segments:

  • Knitted apparel
  • Woven apparel
  • Sweaters
  • Outerwear

Export Markets

Geographic revenue distribution for 2023:

Market Revenue Percentage
United States 85%
Canada 10%
Other International Markets 5%

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