Jerash Holdings US Inc
Jerash Holdings (US), Inc., through its subsidiaries, manufactures and exports customized, ready-made sportswear, and outerwear through knitted fabrics. The company offers t-shirts, jackets, vests, pants, shorts, and polo shirts, as well as personal protective equipment. It serves various brands and retailers in the United States, Hong Kong, Germany, China, Jordan, and internationally. Jerash Hol… Read more
Jerash Holdings US Inc (JRSH) - Net Assets
Latest net assets as of December 2025: $63.65 Million USD
Based on the latest financial reports, Jerash Holdings US Inc (JRSH) has net assets worth $63.65 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($84.21 Million) and total liabilities ($20.56 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $63.65 Million |
| % of Total Assets | 75.58% |
| Annual Growth Rate | 23.4% |
| 5-Year Change | 11.49% |
| 10-Year Change | 276.07% |
| Growth Volatility | 36.23 |
Jerash Holdings US Inc - Net Assets Trend (2015–2025)
This chart illustrates how Jerash Holdings US Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Jerash Holdings US Inc (2015–2025)
The table below shows the annual net assets of Jerash Holdings US Inc from 2015 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $62.87 Million | -2.42% |
| 2024-03-31 | $64.43 Million | -5.57% |
| 2023-03-31 | $68.23 Million | -1.54% |
| 2022-03-31 | $69.30 Million | +22.90% |
| 2021-03-31 | $56.39 Million | +3.00% |
| 2020-03-31 | $54.75 Million | +8.93% |
| 2019-03-31 | $50.26 Million | +47.58% |
| 2018-03-31 | $34.06 Million | +54.68% |
| 2017-03-31 | $22.02 Million | +31.71% |
| 2016-03-31 | $16.72 Million | +117.86% |
| 2015-03-31 | $7.67 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jerash Holdings US Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 531.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $38.40 Million | 61.13% |
| Common Stock | $12.94K | 0.02% |
| Other Comprehensive Income | $-99.30K | -0.16% |
| Other Components | $24.51 Million | 39.01% |
| Total Equity | $62.82 Million | 100.00% |
Jerash Holdings US Inc Competitors by Market Cap
The table below lists competitors of Jerash Holdings US Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aetherium Acquisition Corp
NASDAQ:GMFI
|
$18.70 Million |
|
Full Circle Lithium Corp.
PINK:FCLIF
|
$18.71 Million |
|
Iris Clothings Limited
NSE:IRISDOREME
|
$18.71 Million |
|
Daemyung Sonoseason Co.Ltd
KQ:007720
|
$18.72 Million |
|
Mackolik Internet Hizmetleri Ticaret A.S.
IS:MACKO
|
$18.67 Million |
|
Roblon A/S
CO:RBLN-B
|
$18.67 Million |
|
Intema Insaat ve Tesisat Malzemeleri Yatirim ve Pazarlama AS
IS:INTEM
|
$18.67 Million |
|
Hyrican Informationssysteme Aktiengesellschaft
F:HYI
|
$18.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jerash Holdings US Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 64,386,322 to 62,816,328, a change of -1,569,994 (-2.4%).
- Net loss of 848,369 reduced equity.
- Dividend payments of 2,458,968 reduced retained earnings.
- Other comprehensive income decreased equity by 20,802.
- Other factors increased equity by 1,758,145.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-848.37K | -1.35% |
| Dividends Paid | $2.46 Million | -3.91% |
| Other Comprehensive Income | $-20.80K | -0.03% |
| Other Changes | $1.76 Million | +2.8% |
| Total Change | $- | -2.44% |
Book Value vs Market Value Analysis
This analysis compares Jerash Holdings US Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.60x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 5.49x to 0.60x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-03-31 | $0.55 | $3.04 | x |
| 2016-03-31 | $1.25 | $3.04 | x |
| 2017-03-31 | $1.66 | $3.04 | x |
| 2018-03-31 | $2.98 | $3.04 | x |
| 2019-03-31 | $4.41 | $3.04 | x |
| 2020-03-31 | $4.76 | $3.04 | x |
| 2021-03-31 | $4.98 | $3.04 | x |
| 2022-03-31 | $5.83 | $3.04 | x |
| 2023-03-31 | $5.38 | $3.04 | x |
| 2024-03-31 | $5.24 | $3.04 | x |
| 2025-03-31 | $5.10 | $3.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jerash Holdings US Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -1.35%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.58%
- • Asset Turnover: 1.72x
- • Equity Multiplier: 1.35x
- Recent ROE (-1.35%) is below the historical average (21.95%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 65.79% | 11.12% | 2.08x | 2.84x | $4.04 Million |
| 2016 | 55.49% | 17.27% | 2.10x | 1.53x | $7.44 Million |
| 2017 | 49.27% | 17.23% | 1.83x | 1.56x | $8.52 Million |
| 2018 | 30.85% | 15.02% | 1.60x | 1.28x | $7.04 Million |
| 2019 | 10.23% | 6.02% | 1.43x | 1.19x | $116.96K |
| 2020 | 11.89% | 6.96% | 1.38x | 1.24x | $1.03 Million |
| 2021 | 7.36% | 4.60% | 1.23x | 1.30x | $-1.49 Million |
| 2022 | 11.43% | 5.52% | 1.68x | 1.23x | $989.17K |
| 2023 | 3.55% | 1.75% | 1.65x | 1.23x | $-4.40 Million |
| 2024 | -3.12% | -1.71% | 1.46x | 1.25x | $-8.44 Million |
| 2025 | -1.35% | -0.58% | 1.72x | 1.35x | $-7.13 Million |
Industry Comparison
This section compares Jerash Holdings US Inc's net assets metrics with peer companies in the Apparel Manufacturing industry.
Industry Context
- Industry: Apparel Manufacturing
- Average net assets among peers: $452,652,321
- Average return on equity (ROE) among peers: 4.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jerash Holdings US Inc (JRSH) | $63.65 Million | 65.79% | 0.32x | $18.69 Million |
| Agavenny Corporation (AGNY) | $1.26 Million | -1.07% | 0.07x | $441.50 |
| Authentic Holdings Inc. (AHRO) | $-2.87 Million | 0.00% | 0.00x | $1.67 Million |
| Columbia Sportswear Company (COLM) | $640.83 Million | 18.74% | 0.22x | $1.42 Billion |
| China Outfitters Holdings Ltd (COUTF) | $1.66 Billion | -7.37% | 0.20x | $19.05 Million |
| Delta Galil Industries Ltd (DELTF) | $451.32 Million | 8.09% | 1.26x | $530.69 Million |
| Delta Apparel, Inc. (DLAPQ) | $182.72 Million | 10.80% | 1.87x | $705.00 |
| Exceed Company Ltd (EDSFF) | $-29.05K | 0.00% | 0.00x | $0.91 |
| Ever-Glory International Group Inc. (EVKG) | $140.96 Million | -0.07% | 1.48x | $5.52K |
| Figs Inc (FIGS) | $245.57 Million | -3.89% | 0.27x | $2.19 Billion |
| Fox-Wizel Ltd (FXWZF) | $1.21 Billion | 17.11% | 2.86x | $233.16 Million |