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Jerash Holdings (US), Inc. (JRSH) Fundamental Analysis & AI Grade 2026

JRSH Nasdaq Apparel & Other Finishd Prods of Fabrics & Similar Matl DE CIK: 0001696558
Updated This Month • Analysis: Jun 19, 2026 • SEC Data: 2026-03-31
Combined AI Grade
B
60% Confidence
STRONG AGREEMENT
B
58% Conf
B
63% Conf

📊 JRSH Key Takeaways

Revenue: $166.3M
Net Margin: 2.1%
Free Cash Flow: $-2.6M
Current Ratio: 2.70x
Debt/Equity: 0.04x
EPS: $0.27
AI Grade: B with 58% confidence
Jerash Holdings (US), Inc. (JRSH) receives a B fundamental grade with 60% confidence from our AI analysis based on SEC 10-K filings. With revenue of $166.3M, net profit margin of 2.1%, and return on equity (ROE) of 5.5%, Jerash Holdings (US), Inc. demonstrates mixed fundamentals in the Consumer sector. Below is our complete JRSH stock analysis for 2026.

Is Jerash Holdings (US), Inc. (JRSH) a Good Investment?

Claude

Jerash exhibits solid revenue growth of 14% YoY and maintains a fortress balance sheet with minimal leverage, but operational fundamentals are deteriorating with negative free cash flow (-$2.6M), flat net income growth despite revenue expansion, and structurally thin margins (2.1% net) indicating margin compression in a competitive apparel sector.

ChatGPT

Jerash shows strong top-line growth and a conservative, debt-free balance sheet with solid liquidity, but profitability remains thin and cash conversion is negative. Net income is essentially flat despite higher revenue, keeping returns modest. A neutral stance is warranted until margins expand and operating cash flow turns consistently positive.

Jerash Holdings (US), Inc. Key Strengths (JRSH)

Claude
  • + Strong revenue growth of 14% YoY demonstrates solid market demand and competitive positioning
  • + Fortress balance sheet with 0.04x debt-to-equity ratio and $10.8M cash provides financial flexibility and downside protection
  • + Excellent short-term liquidity at 2.70x current ratio with adequate interest coverage of 6.4x
ChatGPT
  • + Debt-free balance sheet with strong liquidity (current 2.79x, quick 1.51x)
  • + Robust revenue growth (+24.4% YoY)
  • + Positive operating income and adequate interest coverage (4.1x)

JRSH Stock Risks: Jerash Holdings (US), Inc. Investment Risks

Claude
  • ! Negative free cash flow of -$2.6M indicates company is burning cash and cannot self-fund operations; unsustainable without balance sheet drawdown
  • ! Net income flat YoY (0% growth) despite 14% revenue growth reveals margin compression and operational deterioration in a capital-intensive model
  • ! Structurally thin profit margins of 2.1% net and 16.1% gross margin leave no room for error in cyclical, competitive apparel sector
ChatGPT
  • ! Thin margins (gross 15.7%, operating 3.2%, net 1.6%)
  • ! Negative operating and free cash flow (FCF margin -3.6%)
  • ! Low returns on capital (ROE 3.1%, ROA 2.3%)

Key Metrics to Watch

Claude
  • * Free cash flow inflection - must turn positive within 2-3 quarters to validate business model sustainability
  • * Net profit margin expansion - needs 300+ basis points improvement to achieve acceptable returns given capital intensity
  • * Operating cash flow to capex ratio - capex is 2x operating cash flow; this gap must narrow to demonstrate improving business quality
ChatGPT
  • * Gross margin
  • * Operating cash flow

Jerash Holdings (US), Inc. (JRSH) Financial Metrics & Key Ratios

Revenue
$166.3M
Net Income
$3.5M
EPS (Diluted)
$0.27
Free Cash Flow
$-2.6M
Total Assets
$89.9M
Cash Position
$10.8M

💡 AI Analyst Insight

Strong liquidity with a 2.70x current ratio provides a solid financial cushion.

JRSH Profit Margin, ROE & Profitability Analysis

Gross Margin 16.1%
Operating Margin 3.8%
Net Margin 2.1%
ROE 5.5%
ROA 3.9%
FCF Margin -1.6%

JRSH vs Consumer Sector: How Jerash Holdings (US), Inc. Compares

How Jerash Holdings (US), Inc. compares to Consumer sector averages

Net Margin
JRSH 2.1%
vs
Sector Avg 8.0%
JRSH Sector
ROE
JRSH 5.5%
vs
Sector Avg 18.0%
JRSH Sector
Current Ratio
JRSH 2.7x
vs
Sector Avg 1.5x
JRSH Sector
Debt/Equity
JRSH 0.0x
vs
Sector Avg 0.8x
JRSH Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Jerash Holdings (US), Inc. Stock Overvalued? JRSH Valuation Analysis 2026

Based on fundamental analysis, Jerash Holdings (US), Inc. has mixed fundamental signals relative to the Consumer sector in 2026.

Return on Equity
5.5%
Sector avg: 18%
Net Profit Margin
2.1%
Sector avg: 8%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.04x
Sector avg: 0.8x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Jerash Holdings (US), Inc. Balance Sheet: JRSH Debt, Cash & Liquidity

Current Ratio
2.70x
Quick Ratio
1.31x
Debt/Equity
0.04x
Debt/Assets
27.8%
Interest Coverage
6.44x
Long-term Debt
$2.8M

JRSH Revenue & Earnings Growth: 5-Year Financial Trend

JRSH 5-year financial data: Year 2022: Revenue $143.4M, Net Income $4.1M, EPS $0.37. Year 2023: Revenue $143.4M, Net Income $7.9M, EPS $0.67. Year 2024: Revenue $138.1M, Net Income $2.4M, EPS $0.19. Year 2025: Revenue $145.8M, Net Income -$2.0M, EPS $-0.16. Year 2026: Revenue $166.3M, Net Income -$848.4K, EPS $-0.07.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Jerash Holdings (US), Inc.'s revenue has grown significantly by 16% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.07 indicates the company is currently unprofitable.

JRSH Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-1.6%
Free cash flow / Revenue

JRSH Quarterly Earnings & Performance

Quarterly financial performance data for Jerash Holdings (US), Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2026 $35.4M -$5.8K $0.00
Q2 2026 $40.2M $461.6K $0.04
Q1 2026 $39.6M $318.7K $0.03
Q3 2025 $27.5M -$5.8K $0.00
Q2 2025 $33.4M $365.6K $0.03
Q1 2025 $34.7M $496.5K $0.04
Q3 2024 $27.5M $220.7K $0.02
Q2 2024 $33.4M $365.6K $0.03

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Jerash Holdings (US), Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$2.5M
Cash generated from operations
Stock Buybacks
$1.2M
Shares repurchased (TTM)
Capital Expenditures
$5.1M
Investment in assets
Dividends Paid
$2.5M
Returned to shareholders

JRSH SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Jerash Holdings (US), Inc. (CIK: 0001696558)

📋 Recent SEC Filings

Date Form Document Action
Jun 18, 2026 10-K ea0292859-10k_jerash.htm View →
Jun 15, 2026 8-K ea0294646-8k_jerash.htm View →
May 4, 2026 8-K ea0288850-8k_jerash.htm View →
Apr 23, 2026 4 xslF345X06/ownership.xml View →
Feb 10, 2026 10-Q ea0275397-10q_jerash.htm View →

Frequently Asked Questions about JRSH

What is the AI rating for JRSH?

Jerash Holdings (US), Inc. (JRSH) has a Combined AI Grade of B from Claude (B) and ChatGPT (B) with 60% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are JRSH's key strengths?

Claude: Strong revenue growth of 14% YoY demonstrates solid market demand and competitive positioning. Fortress balance sheet with 0.04x debt-to-equity ratio and $10.8M cash provides financial flexibility and downside protection. ChatGPT: Debt-free balance sheet with strong liquidity (current 2.79x, quick 1.51x). Robust revenue growth (+24.4% YoY).

What are the risks of investing in JRSH?

Claude: Negative free cash flow of -$2.6M indicates company is burning cash and cannot self-fund operations; unsustainable without balance sheet drawdown. Net income flat YoY (0% growth) despite 14% revenue growth reveals margin compression and operational deterioration in a capital-intensive model. ChatGPT: Thin margins (gross 15.7%, operating 3.2%, net 1.6%). Negative operating and free cash flow (FCF margin -3.6%).

What is JRSH's revenue and growth?

Jerash Holdings (US), Inc. reported revenue of $166.3M.

Does JRSH pay dividends?

Jerash Holdings (US), Inc. pays dividends, with $2.5M distributed to shareholders in the trailing twelve months.

Where can I find JRSH SEC filings?

Official SEC filings for Jerash Holdings (US), Inc. (CIK: 0001696558) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is JRSH's EPS?

Jerash Holdings (US), Inc. has a diluted EPS of $0.27.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is JRSH's fundamental grade?

Based on our AI fundamental analysis in June 2026, Jerash Holdings (US), Inc. has a B grade with 60% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is JRSH stock overvalued or undervalued?

Valuation metrics for JRSH: ROE of 5.5% (sector avg: 18%), net margin of 2.1% (sector avg: 8%). Compare these metrics with sector averages to assess valuation.

What is JRSH's AI grade for 2026?

Our dual AI analysis gives Jerash Holdings (US), Inc. a combined B grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is JRSH's free cash flow?

Jerash Holdings (US), Inc.'s operating cash flow is $2.5M, with capital expenditures of $5.1M. FCF margin is -1.6%.

How does JRSH compare to other Consumer stocks?

Vs Consumer sector averages: Net margin 2.1% (avg: 8%), ROE 5.5% (avg: 18%), current ratio 2.70 (avg: 1.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Jun 19, 2026 | Data as of: 2026-03-31 | Powered by Claude AI