{"version":"company-facts.v1","source":"https://secwatch.observer","generated_at":"2026-06-18T17:18:31.255445+00:00","company":{"ticker":"JRSH","cik":1696558,"company_name":"Jerash Holdings (US), Inc."},"pagination":{"limit":100,"returned":13,"next_cursor":null},"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer","counterparties":{"contract_counterparty":[{"display_name":"Newtech Textile Limited","detail":"other","count":1,"first_seen":"2023-10-12T23:59:59+00:00","last_seen":"2023-10-12T23:59:59+00:00","evidence_fact_ids":[107134]},{"display_name":"P.T. Eratex Limited","detail":"collaboration","count":1,"first_seen":"2023-03-21T23:59:59+00:00","last_seen":"2023-03-21T23:59:59+00:00","evidence_fact_ids":[170601]}]},"facts":[{"fact_type":"earnings_release","fact_key":"7b5e5570e06dd0eba5ed3dcc824e01bb4ee199f5","cik":1696558,"ticker":"JRSH","company_name":"Jerash Holdings (US), Inc.","filed_at":"2026-06-15T20:05:31+00:00","payload":{"eps_text":null,"guidance_signal":"initiated","item_codes_triggered":["2.02"],"net_income_text":null,"period_text":"Fiscal 2027 first quarter","report_date":"2026-06-15","result_type":"guidance_update","revenue_text":null},"claim":"Jerash Holdings (US), Inc. updated its Fiscal 2027 first quarter guidance (initiated).","evidence_excerpt":"Outlook ● Revenue for the fiscal 2027 first quarter is expected to increase by 20 to 22 percent over $39.6 million in the prior fiscal year’s first quarter. ● Gross margin for the fiscal 2027 first quarter is anticipated to be approximately 15 to 17 percent, with increased emphasis on customer diversification and reduced seasonality.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001213900-26-068770","anchor_url":"https://secwatch.observer/filing/0001213900-26-068770#claim-7b5e5570e06dd0eba5ed3dcc824e01bb4ee199f5","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1696558/000121390026068770/0001213900-26-068770-index.htm"},{"fact_type":"earnings_release","fact_key":"7626dcd3079758e06d0f7a0e622930b3fcd3c651","cik":1696558,"ticker":"JRSH","company_name":"Jerash Holdings (US), Inc.","filed_at":"2026-06-15T20:05:31+00:00","payload":{"eps_text":"$0.27 per diluted share","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$3.6 million","period_text":"Fiscal 2026 full year ended March 31, 2026","report_date":"2026-06-15","result_type":"reported_results","revenue_text":"$166.3 million"},"claim":"Jerash Holdings (US), Inc. reported Fiscal 2026 full year ended March 31, 2026 results: revenue $166.3 million, net income $3.6 million, EPS $0.27 per diluted share.","evidence_excerpt":"Revenue for the full 2026 fiscal year increased by 14.0 percent to a record high $166.3 million, from $145.8 million in fiscal 2025. Gross profit for fiscal 2026 rose 20.0 percent to $26.8 million, from $22.3 million in the prior fiscal year. Gross margin for fiscal 2026 improved to 16.1 percent from 15.3 percent in fiscal 2025. Total operating expenses for fiscal 2026 were $20.5 million, compared with $20.9 million in fiscal 2025. Operating income more than quadrupled to $6.3 million for the full 2026 fiscal year, from $1.4 million in the last fiscal year. Total other expenses in fiscal 2026 were $1.6 million, compared with $1.3 million in fiscal 2025. Income tax expenses were $1.1 million for fiscal 2026, compared with $991,000 for fiscal 2025. Net income for fiscal 2026 improved by $4.5 million to $3.6 million, or $0.27 per diluted share, from a net loss of approximately $840,000, or $0.07 per share, in fiscal 2025.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001213900-26-068770","anchor_url":"https://secwatch.observer/filing/0001213900-26-068770#claim-7626dcd3079758e06d0f7a0e622930b3fcd3c651","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1696558/000121390026068770/0001213900-26-068770-index.htm"},{"fact_type":"earnings_release","fact_key":"3568393277cd94d88ee496c04615887d225d848f","cik":1696558,"ticker":"JRSH","company_name":"Jerash Holdings (US), Inc.","filed_at":"2026-06-15T20:05:31+00:00","payload":{"eps_text":"$0.12 per diluted share","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$1.7 million","period_text":"Fiscal 2026 fourth quarter ended March 31, 2026","report_date":"2026-06-15","result_type":"reported_results","revenue_text":"$42.9 million"},"claim":"Jerash Holdings (US), Inc. reported Fiscal 2026 fourth quarter ended March 31, 2026 results: revenue $42.9 million, net income $1.7 million, EPS $0.12 per diluted share.","evidence_excerpt":"Fiscal 2026 fourth quarter revenue rose by 46.6 percent to $42.9 million, from $29.3 million in the same quarter last year, primarily reflecting increased export shipments to the Company’s long-standing key customers, as well as orders from newer customers, including Hansoll Group in South Korea, and others developed in recent years. Gross profit increased 40.4 percent to $7.4 million for the fiscal 2026 fourth quarter, from $5.2 million in the same quarter last year. Gross profit margin for the quarter was 17.1 percent, compared with 17.9 percent in the same period last year. Operating expenses totaled $5.0 million in the fiscal 2026 fourth quarter, compared with $4.8 million in the same quarter last year. As a percentage of revenue, total operating expenses decreased by almost 5 percentage points to 11.7 percent, from 16.4 percent in the fiscal 2025 fourth quarter. The lower expenses principally reflected improved control over export logistics costs and lower stock-based compensation","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001213900-26-068770","anchor_url":"https://secwatch.observer/filing/0001213900-26-068770#claim-3568393277cd94d88ee496c04615887d225d848f","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1696558/000121390026068770/0001213900-26-068770-index.htm"},{"fact_type":"auditor_change","fact_key":"1413ab8aedc718eabb44bb68237bd8d2c313673b","cik":1696558,"ticker":"JRSH","company_name":"Jerash Holdings (US), Inc.","filed_at":"2025-03-27T23:59:59+00:00","payload":{"action":"engagement","auditor_name":"CBIZ CPAs P.C.","disagreement_text":null,"effective_date":"2025-03-25","item_codes_triggered":["4.01"],"non_reliance_signal":"none","successor_auditor_name":null},"claim":"Jerash Holdings (US), Inc. engaged CBIZ CPAs P.C. as its auditor.","evidence_excerpt":"On March 25, 2025, with the approval of the Audit Committee of the Company’s Board of Directors, CBIZ was engaged as the Company’s independent registered public accounting firm.","confidence":0.99,"filing_url":"https://secwatch.observer/filing/0001013762-25-003351","anchor_url":"https://secwatch.observer/filing/0001013762-25-003351#claim-1413ab8aedc718eabb44bb68237bd8d2c313673b","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1696558/000101376225003351/0001013762-25-003351-index.htm"},{"fact_type":"auditor_change","fact_key":"fc35b59ba6022698dc3b2ca6b0900c379f830493","cik":1696558,"ticker":"JRSH","company_name":"Jerash Holdings (US), Inc.","filed_at":"2025-03-27T23:59:59+00:00","payload":{"action":"resignation","auditor_name":"Marcum LLP","disagreement_text":null,"effective_date":"2025-03-24","item_codes_triggered":["4.01"],"non_reliance_signal":"none","successor_auditor_name":null},"claim":"Marcum LLP resigned as auditor of Jerash Holdings (US), Inc..","evidence_excerpt":"On March 24, 2025, the Company was notified by Marcum that Marcum resigned as the Company’s independent registered public accounting firm.","confidence":0.99,"filing_url":"https://secwatch.observer/filing/0001013762-25-003351","anchor_url":"https://secwatch.observer/filing/0001013762-25-003351#claim-fc35b59ba6022698dc3b2ca6b0900c379f830493","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1696558/000101376225003351/0001013762-25-003351-index.htm"},{"fact_type":"earnings_release","fact_key":"b3b18f906ad19e2bd9f68772b31e1887c1c1b4da","cik":1696558,"ticker":"JRSH","company_name":"Jerash Holdings (US), Inc.","filed_at":"2024-02-08T23:59:59+00:00","payload":{"eps_text":"$0.02 per diluted share","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$232,000","period_text":"fiscal year 2024 third quarter, ended December 31, 2023","report_date":"2024-02-08","result_type":"reported_results","revenue_text":"$27.5 million"},"claim":"Jerash Holdings (US), Inc. reported fiscal year 2024 third quarter, ended December 31, 2023 results: revenue $27.5 million, net income $232,000, EPS $0.02 per diluted share.","evidence_excerpt":"Revenue for the fiscal year 2024 third quarter was $27.5 million, compared with $43.0 million in the same quarter last year","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001213900-24-011331","anchor_url":"https://secwatch.observer/filing/0001213900-24-011331#claim-b3b18f906ad19e2bd9f68772b31e1887c1c1b4da","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1696558/000121390024011331/0001213900-24-011331-index.htm"},{"fact_type":"earnings_release","fact_key":"89330990b16233b5bac5d877c680191e91dd76ef","cik":1696558,"ticker":"JRSH","company_name":"Jerash Holdings (US), Inc.","filed_at":"2023-11-13T23:59:59+00:00","payload":{"eps_text":"$0.03 per diluted share","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$369,000","period_text":"its fiscal year 2024 second quarter, ended September 30, 2023","report_date":"2023-11-13","result_type":"reported_results","revenue_text":"$33.4 million"},"claim":"Jerash Holdings (US), Inc. reported its fiscal year 2024 second quarter, ended September 30, 2023 results: revenue $33.4 million, net income $369,000, EPS $0.03 per diluted share.","evidence_excerpt":"our longstanding commitment to sustainability and responsible growth,”\nChoi added. Fiscal Year 2024 Second Quarter Results Revenue for the fiscal year 2024 second quarter was $33.4 million,\ncompared with $37.8 million in the same quarter last year. The decrease was primarily due to fewer shipments being delivered to some of\nthe major customers in the U.S.,","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001213900-23-085561","anchor_url":"https://secwatch.observer/filing/0001213900-23-085561#claim-89330990b16233b5bac5d877c680191e91dd76ef","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1696558/000121390023085561/0001213900-23-085561-index.htm"},{"fact_type":"material_agreement","fact_key":"862e35f30c64645c7109aceec40d28deabcab78b","cik":1696558,"ticker":"JRSH","company_name":"Jerash Holdings (US), Inc.","filed_at":"2023-10-12T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Shareholders' Agreement","agreement_type":"other","counterparty":"Newtech Textile (HK) Limited","effective_date":"2023-10-10","item_codes_triggered":["1.01"],"value_text":null},"claim":"Jerash Holdings (US), Inc. entered into Shareholders' Agreement with Newtech Textile (HK) Limited (effective 2023-10-10).","evidence_excerpt":"On October 10, 2023, Jerash Holdings (US), Inc., a Delaware corporation (the “Company”), through its wholly-owned subsidiary Treasure Success International Limited, a Hong Kong company (“Treasure Success”), entered into a Shareholders’ Agreement (the “Agreement”) with Newtech Textile (HK) Limited, a Hong Kong company (“Newtech,” and together with Treasure Success, the “Parties”).","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001013762-23-003320","anchor_url":"https://secwatch.observer/filing/0001013762-23-003320#claim-862e35f30c64645c7109aceec40d28deabcab78b","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1696558/000101376223003320/0001013762-23-003320-index.htm"},{"fact_type":"shareholder_vote","fact_key":"7773314d6baff2c5783df7d18aa8b3b683f56a10","cik":1696558,"ticker":"JRSH","company_name":"Jerash Holdings (US), Inc.","filed_at":"2023-09-18T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-09-15","outcome":"passed","proposal_text":"Election of five directors to serve until the 2024 annual meeting","proposal_type":"director_election","results":[{"broker_non_votes":"0","subject":"Choi Lin Hung","votes_abstain":null,"votes_against":null,"votes_for":"8,056,657","votes_withheld":"68,916"},{"broker_non_votes":"0","subject":"Wei (“Kitty”) Yang","votes_abstain":null,"votes_against":null,"votes_for":"8,063,621","votes_withheld":"61,952"},{"broker_non_votes":"0","subject":"Ibrahim H. Saif","votes_abstain":null,"votes_against":null,"votes_for":"8,031,857","votes_withheld":"93,716"},{"broker_non_votes":"0","subject":"Bill Korn","votes_abstain":null,"votes_against":null,"votes_for":"7,995,263","votes_withheld":"130,310"},{"broker_non_votes":"0","subject":"Mak Chi Yan","votes_abstain":null,"votes_against":null,"votes_for":"7,985,586","votes_withheld":"139,987"}]},"claim":"Jerash Holdings (US), Inc. shareholders approved Election of five directors to serve until the 2024 annual meeting at the 2023-09-15 meeting.","evidence_excerpt":"The number of shares that (a) voted for the election of each director and (b) withheld authority to vote for each director is summarized in the table below: Director Nominee Votes For Votes Withheld Choi Lin Hung 8,056,657 68,916 Wei (“Kitty”) Yang 8,063,621 61,952 Ibrahim H. Saif 8,031,857 93,716 Bill Korn 7,995,263 130,310 Mak Chi Yan 7,985,586 139,987","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001213900-23-077178","anchor_url":"https://secwatch.observer/filing/0001213900-23-077178#claim-7773314d6baff2c5783df7d18aa8b3b683f56a10","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1696558/000121390023077178/0001213900-23-077178-index.htm"},{"fact_type":"earnings_release","fact_key":"3e875f854c4a268b8e2c17d7cc6679e2aab1b4d3","cik":1696558,"ticker":"JRSH","company_name":"Jerash Holdings (US), Inc.","filed_at":"2023-08-09T23:59:59+00:00","payload":{"eps_text":"$0.04 per share","guidance_signal":"reaffirmed","item_codes_triggered":["2.02"],"net_income_text":"$495,000","period_text":"fiscal 2024 first quarter, ended June 30, 2023","report_date":"2023-08-09","result_type":"reported_results","revenue_text":"$34.7 million"},"claim":"Jerash Holdings (US), Inc. reported fiscal 2024 first quarter, ended June 30, 2023 results: revenue $34.7 million, net income $495,000, EPS $0.04 per share. Guidance reaffirmed.","evidence_excerpt":"and will further reduce\ndependency on suppliers in South East and Eastern Asia,” Choi added. Fiscal 2024 First Quarter Results Fiscal 2024 first quarter revenue advanced to $34.7 million, up 3.9\npercent, from $33.4 million in the same period last year, reflecting an increase in shipments to some of the Company’s major U.S.\ncustomers. Gross profit was $5.6 million","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001213900-23-064772","anchor_url":"https://secwatch.observer/filing/0001213900-23-064772#claim-3e875f854c4a268b8e2c17d7cc6679e2aab1b4d3","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1696558/000121390023064772/0001213900-23-064772-index.htm"},{"fact_type":"earnings_release","fact_key":"e3925023443f40478891a71e945933c5b3786028","cik":1696558,"ticker":"JRSH","company_name":"Jerash Holdings (US), Inc.","filed_at":"2023-06-27T23:59:59+00:00","payload":{"eps_text":"$0.19 per share","guidance_signal":"initiated","item_codes_triggered":["2.02"],"net_income_text":"$2.4 million","period_text":"fiscal 2023 full year ended March 31, 2023","report_date":"2023-06-27","result_type":"reported_results","revenue_text":"$138.1 million"},"claim":"Jerash Holdings (US), Inc. reported fiscal 2023 full year ended March 31, 2023 results: revenue $138.1 million, net income $2.4 million, EPS $0.19 per share. Guidance initiated.","evidence_excerpt":"Fiscal 2023 revenue decreased slightly to $138.1 million, from $143.4 million in fiscal 2022. Despite receiving orders from new customers during the year, the added revenue was not enough to offset the shortfall in sales from certain existing customers. Gross profit in fiscal 2023 totaled $21.8 million, compared with $27.3 million in fiscal 2022. Gross margin was 15.8 percent in fiscal 2023, compared with 19.1 percent in fiscal 2022. Operating expenses in fiscal 2023 were $17.4 million, compared with $16.8 million in fiscal 2022. Operating income decreased to $4.4 million in fiscal 2023, from $10.5 million in fiscal 2022. Net income amounted to $2.4 million, or $0.19 per share, in fiscal 2023, compared with $7.9 million, or $0.67 per share, in fiscal 2022.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001213900-23-051850","anchor_url":"https://secwatch.observer/filing/0001213900-23-051850#claim-e3925023443f40478891a71e945933c5b3786028","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1696558/000121390023051850/0001213900-23-051850-index.htm"},{"fact_type":"earnings_release","fact_key":"75e8e26801217ee4b6a517630e21db31f9445e07","cik":1696558,"ticker":"JRSH","company_name":"Jerash Holdings (US), Inc.","filed_at":"2023-06-27T23:59:59+00:00","payload":{"eps_text":"$0.16 per share","guidance_signal":"initiated","item_codes_triggered":["2.02"],"net_income_text":"$2.0 million","period_text":"fiscal 2023 fourth quarter ended March 31, 2023","report_date":"2023-06-27","result_type":"reported_results","revenue_text":"$23.8 million"},"claim":"Jerash Holdings (US), Inc. reported fiscal 2023 fourth quarter ended March 31, 2023 results: revenue $23.8 million, net income $2.0 million, EPS $0.16 per share. Guidance initiated.","evidence_excerpt":"Fiscal 2023 fourth quarter revenue was $23.8 million, down 23.2 percent from $30.9 million in the same period last year, primarily due to lower sales from two major U.S. customers. Revenue also was negatively impacted by approximately $3 million of orders, with shipments being deferred by customers to the fiscal 2024 first quarter. Gross profit was $2.5 million for the fiscal 2023 fourth quarter, compared with $4.7 million in the same quarter last year. Gross margin for the most recent fourth quarter decreased to 10.3 percent, from 15.1 percent in the same period last year. The decrease in gross margin was primarily driven by a lower proportion of U.S. orders and a product mix shift. Operating expenses totaled $4.3 million in the fiscal 2023 fourth quarter, compared with $4.6 million in the same period last year. The slight decrease was due to smaller stock-based compensation expenses in fiscal 2023. Operating loss was $1.8 million for the fiscal 2023 fourth quarter, compared with oper","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001213900-23-051850","anchor_url":"https://secwatch.observer/filing/0001213900-23-051850#claim-75e8e26801217ee4b6a517630e21db31f9445e07","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1696558/000121390023051850/0001213900-23-051850-index.htm"},{"fact_type":"material_agreement","fact_key":"02e43f01520bbbbffafe80d398a0aaf2673b3fa1","cik":1696558,"ticker":"JRSH","company_name":"Jerash Holdings (US), Inc.","filed_at":"2023-03-21T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Joint Venture and Shareholder’s Agreement","agreement_type":"collaboration","counterparty":"P.T. Eratex (Hong Kong) Limited","effective_date":"2023-03-20","item_codes_triggered":["1.01"],"value_text":null},"claim":"Jerash Holdings (US), Inc. entered into Joint Venture and Shareholder’s Agreement with P.T. Eratex (Hong Kong) Limited (effective 2023-03-20).","evidence_excerpt":"On March 20, 2023, Jerash Holdings (US), Inc., a Delaware corporation (the “Company”), through its wholly owned subsidiary Treasure Success International Limited, a Hong Kong company (“Treasure Success”), entered into a Joint Venture and Shareholder’s Agreement (the “Agreement”) with P.T. Eratex (Hong Kong) Limited, a Hong Kong company (“Eratex,” and together with Treasure Success, the “Parties”).","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001213900-23-021578","anchor_url":"https://secwatch.observer/filing/0001213900-23-021578#claim-02e43f01520bbbbffafe80d398a0aaf2673b3fa1","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1696558/000121390023021578/0001213900-23-021578-index.htm"}]}