Jerash Holdings (US), Inc. (JRSH) Bundle
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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