Jerash Historical Income Statement

JRSH Stock  USD 3.41  0.03  0.87%   
Historical analysis of Jerash Holdings income statement accounts such as Selling General Administrative of 11.3 M or Total Revenue of 98.3 M can show how well Jerash Holdings performed in making a profits. Evaluating Jerash Holdings income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Jerash Holdings's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Jerash Holdings latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Jerash Holdings is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jerash Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in Jerash Stock please use our How to Invest in Jerash Holdings guide.

About Jerash Income Statement Analysis

Jerash Holdings Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Jerash Holdings shareholders. The income statement also shows Jerash investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Jerash Holdings Income Statement Chart

As of now, Jerash Holdings' Tax Provision is decreasing as compared to previous years. The Jerash Holdings' current Non Operating Income Net Other is estimated to increase to about 527.7 K, while Depreciation And Amortization is projected to decrease to under 2.2 M.

Total Revenue

Total revenue comprises all receipts Jerash Holdings generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Jerash Holdings minus its cost of goods sold. It is profit before Jerash Holdings operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Jerash Holdings. It is also known as Jerash Holdings overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Most accounts from Jerash Holdings' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Jerash Holdings current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jerash Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in Jerash Stock please use our How to Invest in Jerash Holdings guide.As of now, Jerash Holdings' Tax Provision is decreasing as compared to previous years. The Jerash Holdings' current Non Operating Income Net Other is estimated to increase to about 527.7 K, while Depreciation And Amortization is projected to decrease to under 2.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit27.3M21.8M16.9M19.0M
Total Revenue143.4M138.1M117.2M98.3M

Jerash Holdings income statement Correlations

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0.940.970.860.98-0.23-0.42-0.210.070.981.0-0.24-0.14-0.430.82-0.910.110.90.78-0.59
0.950.970.921.0-0.11-0.3-0.080.221.00.97-0.11-0.09-0.310.87-0.940.270.910.79-0.53
0.790.860.920.880.20.00.230.50.880.860.190.00.00.92-0.840.370.70.62-0.32
0.960.981.00.88-0.18-0.37-0.150.141.00.98-0.19-0.12-0.380.84-0.930.220.930.81-0.57
-0.24-0.23-0.110.2-0.180.971.00.94-0.17-0.230.990.270.970.170.240.58-0.4-0.460.73
-0.42-0.42-0.30.0-0.370.970.960.85-0.36-0.420.980.41.0-0.040.440.47-0.57-0.640.81
-0.22-0.21-0.080.23-0.151.00.960.95-0.14-0.210.990.250.960.190.210.59-0.37-0.430.7
0.080.070.220.50.140.940.850.950.150.070.920.20.840.43-0.080.63-0.08-0.170.5
0.960.981.00.881.0-0.17-0.36-0.140.150.98-0.17-0.11-0.370.84-0.940.250.940.81-0.56
0.941.00.970.860.98-0.23-0.42-0.210.070.98-0.24-0.14-0.430.82-0.910.110.90.78-0.59
-0.25-0.24-0.110.19-0.190.990.980.990.92-0.17-0.240.410.980.170.280.56-0.41-0.520.77
-0.15-0.14-0.090.0-0.120.270.40.250.2-0.11-0.140.410.40.070.340.03-0.23-0.540.52
-0.42-0.43-0.310.0-0.380.971.00.960.84-0.37-0.430.980.4-0.050.440.46-0.57-0.640.82
0.740.820.870.920.840.17-0.040.190.430.840.820.170.07-0.05-0.740.450.680.54-0.2
-0.91-0.91-0.94-0.84-0.930.240.440.21-0.08-0.94-0.910.280.340.44-0.74-0.18-0.91-0.940.74
0.10.110.270.370.220.580.470.590.630.250.110.560.030.460.45-0.180.090.10.43
0.970.90.910.70.93-0.4-0.57-0.37-0.080.940.9-0.41-0.23-0.570.68-0.910.090.88-0.71
0.810.780.790.620.81-0.46-0.64-0.43-0.170.810.78-0.52-0.54-0.640.54-0.940.10.88-0.84
-0.63-0.59-0.53-0.32-0.570.730.810.70.5-0.56-0.590.770.520.82-0.20.740.43-0.71-0.84
Click cells to compare fundamentals

Jerash Holdings Account Relationship Matchups

Jerash Holdings income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization2.0M2.6M3.0M3.4M3.3M2.2M
Interest Expense2.0M109.6K44.7K768.1K1.2M1.3M
Selling General Administrative10.3M10.6M16.8M17.4M17.6M11.3M
Total Revenue93.0M90.2M143.4M138.1M117.2M98.3M
Gross Profit18.0M16.0M27.3M21.8M16.9M19.0M
Other Operating Expenses85.4M84.8M132.9M133.6M117.9M90.6M
Operating Income5.7M5.4M10.5M4.4M(665.0K)(631.7K)
Net Income From Continuing Ops6.5M4.1M7.9M2.4M(2.0M)(1.9M)
Ebit5.7M5.4M10.5M4.9M(165.8K)(157.5K)
Ebitda7.7M7.9M13.4M8.3M3.1M3.0M
Cost Of Revenue75.0M74.2M116.0M116.3M100.3M79.3M
Total Operating Expenses10.3M10.6M16.8M17.4M17.6M11.3M
Income Before Tax7.6M5.5M10.4M4.1M(1.4M)(1.3M)
Total Other Income Expense Net2.0M108.5K(44.7K)(331.1K)(704.5K)(669.3K)
Net Income Applicable To Common Shares6.5M4.1M7.9M2.4M2.2M2.1M
Net Income6.5M4.1M7.9M2.4M(2.0M)(1.9M)
Income Tax Expense1.2M1.3M2.5M1.7M672.5K1.1M
Minority Interest303.2K302.1K2.5K0.036.0K34.2K
Tax Provision1.2M1.3M2.5M1.7M672.5K1.1M
Reconciled Depreciation2.0M2.6M3.0M3.4M3.3M2.6M
Non Operating Income Net Other23.8K(21.1K)108.5K437.0K502.6K527.7K

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When determining whether Jerash Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Jerash Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Jerash Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Jerash Holdings Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jerash Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in Jerash Stock please use our How to Invest in Jerash Holdings guide.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Apparel, Accessories & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Jerash Holdings. If investors know Jerash will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Jerash Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.74)
Earnings Share
(0.29)
Revenue Per Share
10.036
Quarterly Revenue Growth
0.178
Return On Assets
(0.02)
The market value of Jerash Holdings is measured differently than its book value, which is the value of Jerash that is recorded on the company's balance sheet. Investors also form their own opinion of Jerash Holdings' value that differs from its market value or its book value, called intrinsic value, which is Jerash Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Jerash Holdings' market value can be influenced by many factors that don't directly affect Jerash Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Jerash Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Jerash Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jerash Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.